As an analyst with extensive experience in the financial industry, I view Metaplanet’s latest investment in Bitcoin as a strategic move that further solidifies its position in the Web3 and digital asset space. The company’s confidence in Bitcoin’s growth potential is evident from its substantial investments in recent weeks. Metaplanet, a Japanese Web3 firm, revealed … Read more
As a seasoned crypto investor with several years of experience in the market, I closely monitor the options expiry for Bitcoin (BTC) and other cryptocurrencies. This Friday is particularly interesting due to the upcoming expiration of approximately 18,000 BTC options, worth around $1.15 billion in notional value. The put/call ratio of 0.64 indicates a larger … Read more
As an experienced financial analyst, I have closely followed the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Kraken exchange over the latter’s alleged operation of an unregistered securities exchange. Based on my analysis of the available information, I believe that Kraken’s attorneys have raised valid concerns regarding the SEC’s … Read more
As a seasoned crypto investor with a keen eye for emerging projects, I’ve been closely monitoring the meteoric rise of Toncoin (TON). With a background in blockchain technology and a deep understanding of the market dynamics, I can’t help but be impressed by this project’s rapid growth. The price of Toncoin (TON), the native cryptocurrency … Read more
As an analyst with extensive experience in the crypto market, I’ve been closely monitoring the developments at FTX Derivatives Exchange and Alameda Research. The recent liquidation of their digital assets worth over $97 million in a month is a necessary step to ensure that the FTX Estate has sufficient funds to execute the proposed debt … Read more
As an experienced analyst, I believe that the recent transfer of 1,000 ETH ($3 million) by the Ethereum Foundation to a multi-signature wallet is a cause for concern in the crypto community. The Foundation’s history of selling large quantities of ETH prior to market downturns has left many wondering if another sell-off could be imminent … Read more
As a researcher with a background in technology and finance, I find Jack Dorsey’s Bitcoin prediction intriguing, especially coming from the co-founder of Twitter. Dorsey’s belief that the price of Bitcoin will hit $1 million by 2030 is not only bold but also collaborative in nature. He sees the value of Bitcoin not just as … Read more
As a researcher with a background in blockchain technology and finance, I find SBI Holdings’ decision to become a validator for Ripple’s XRP Ledger (XRPL) an intriguing development. Given the company’s extensive history of utilizing XRP Ledger through Ripple Payments, this expansion of their relationship with Ripple is a logical next step. Japanese financial powerhouse … Read more
As an experienced analyst, I have closely observed the price movements of Toncoin (TON) over the past few days. The recent rally of nearly 15% and trading above the significant resistance level of $6.50 is a noteworthy development for TON investors. However, based on my technical analysis, I believe that Toncoin might experience a correction … Read more
As an analyst with extensive experience in the cryptocurrency market, I’m closely monitoring the latest developments at BlockFi. The company’s decision to shut down its platform and partner with Coinbase marks a significant turning point in its bankruptcy proceedings. BlockFi, the New Jersey-based crypto lender, announced on May 9, 2024, that it will be winding … Read more