Tether Steps Up Monitoring of Token Usage to Combat Illicit Finance

As a crypto investor with several years of experience in the market, I’ve seen firsthand how regulatory concerns and accusations of illegal activities can impact the value and reputation of cryptocurrencies. The recent collaboration between Tether and Chainalysis to enhance compliance measures is a welcome development in the industry. The crypto world is constantly changing, … Read more

Bitcoin (BTC) Regains $60,000 as US Fed Leaves Interest Rates Unchanged

As an analyst with a background in macroeconomics and experience in following the crypto market closely, I believe that the Federal Reserve’s decision to maintain interest rates unchanged has provided a much-needed boost for Bitcoin and other cryptocurrencies. The persistent inflation worries had been dragging down the crypto market since April, with Bitcoin falling below … Read more

Arthur Hayes Says Bitcoin Bottom Is In, Predicts Slow but Steady Climb Back Up

As an experienced financial analyst with a focus on cryptocurrencies, I find Arthur Hayes’ perspective intriguing and well-grounded based on his industry expertise and the market conditions mentioned. The recent Bitcoin correction was indeed expected given the confluence of factors, such as the US tax season, uncertainty over Fed actions, and the “sell the news … Read more

Buy Crypto In May, Go Away: Arthur Hayes Shares His Top Altcoin Picks

As a seasoned financial analyst with extensive experience in the crypto market, I find Arthur Hayes’ analysis in his May 2, 2024 essay thought-provoking and insightful. His interpretation of recent market volatility and the underlying macroeconomic trends is well-articulated and offers valuable insights for investors. In a publication dated May 2, 2024, Arthur Hayes, the … Read more

Coinbase Announces Strong Q1 2024 Results, COIN Stock Jumps 9%

As a seasoned crypto investor with a few years under my belt, I’m always keeping a close eye on the latest developments in the industry. And let me tell you, Coinbase’s Q1 2024 earnings report was nothing short of impressive. The revenue and earnings per share far surpassed analysts’ expectations, fueled by strong consumer transaction … Read more

SOL Price Pops 10%, Can Solana Bulls Regain Strength?

As a seasoned analyst with extensive experience in the crypto market, I’ve closely monitored Solana’s (SOL) price action and identified some key developments. Solana started a recovery wave from the $120 zone. SOL price is rising and might accelerate higher if there is a close above the $142 resistance. SOL price recovered higher and tested … Read more

Is Ethereum Back? Record 267,000 New Users Spark Speculation

As a researcher with a background in blockchain technology and cryptocurrency analysis, I find the recent developments in Ethereum’s user activity and address distribution intriguing. The surge in new wallets is an encouraging sign that the network continues to expand, even during a market downturn. However, the stark disparity between small-scale investors (minnows) and large … Read more

Ethereum Price Could Rally If It’s Able To Reclaims The 100 SMA

As a researcher with a background in cryptocurrency analysis, I have closely observed the Ethereum price action over the past few days. Based on my analysis of the given chart and technical indicators, it appears that Ethereum is currently facing a major hurdle near the 100-hourly Simple Moving Average. As a researcher studying Ethereum‘s price … Read more