Red Alert For Bitcoin: Network Hashrate Takes A 20% Dive

As a researcher with a background in cryptocurrency and blockchain technology, I’ve closely followed the Bitcoin market through various cycles, including previous halving events. The recent unexpected drop in Bitcoin’s computational power, or hashrate, is a development that warrants close attention. In the aftermath of Bitcoin‘s halving event in April, the cryptocurrency market has presented … Read more

Bakkt: Institutional Investors to Play Significant Role in Crypto Trading Market

As a researcher with a background in finance and experience in following the cryptocurrency market, I am excited about Bakkt’s positive outlook on the market and their prediction of increased institutional investor participation. The impressive growth shown in their latest quarterly report, with a 324% increase in crypto trading volumes, further supports this optimism. The … Read more

India’s SEBI Reportedly Considers Oversight for Crypto Trading

As an analyst with a background in finance and regulatory compliance, I find the ongoing debate between SEBI and RBI over cryptocurrency regulation in India intriguing. Based on my analysis of the available information, it appears that SEBI is more open to the idea of allowing private individuals to trade digital assets, while RBI remains … Read more

Why Did The Bitcoin Price Rise Above $66,000 Today?

As an experienced financial analyst, I believe that the recent surge in Bitcoin’s price above $66,000 is a significant development in the crypto market. The combination of lower-than-expected inflation data and increasing institutional investment has created a bullish outlook for Bitcoin. Bitcoin reached a new peak of over $66,000 for the first time since April. … Read more

GameStop Party Ends, Will Meme Coins Follow Suit?

As a researcher with a background in financial markets and meme coins, I’ve been closely monitoring the recent developments surrounding GameStop Corp (NYSE: GME) and the meme coin sector. The past few days have been nothing short of a rollercoaster ride for investors in these assets, with substantial gains followed by significant losses. As a … Read more

Tornado Cash Developer Appeals Dutch Judge’s Jail Verdict

As a crypto investor with a keen interest in decentralized finance (DeFi) and privacy solutions, I’ve been closely following the developments regarding Alexey Pertsev’s case. It’s disheartening to see such a significant figure in our community being implicated in money laundering allegations, despite his assertions that Tornado Cash is an open-source platform accessible to anyone. … Read more

Dogecoin Successfully Breaks Out Above $0.153, What Next?

As a researcher with a background in cryptocurrency analysis, I’ve closely followed Dogecoin’s (DOGE) price action over the past few weeks, and I must admit that the recent developments have been quite intriguing. The daily price chart of this meme coin has shown positive trends, fueling speculations about an impending rally. As a crypto investor, … Read more