As an experienced analyst, I’ve seen my fair share of market cycles in the cryptocurrency space, and this current decline in new Bitcoin addresses is a pattern that I’ve witnessed before. Six months ago, there was palpable excitement within the community as we anticipated the approval of spot Bitcoin ETFs, the introduction of innovative protocols … Read more
As a researcher with a background in the cryptocurrency industry, I am thrilled to see the latest development in Hong Kong’s crypto landscape. The approval of spot Bitcoin and Ethereum ETFs has brought renewed interest to the sector, and the introduction of FinTax, an innovative tax reporting software for crypto assets, is a much-needed solution. … Read more
As a researcher with a background in blockchain technology and a deep interest in decentralized finance (DeFi), I’m thrilled to see Bitlayer secure another investment from OKX Ventures. The strategic investment is a testament to the potential of Bitlayer’s solution for addressing scalability challenges on Bitcoin. Bitlayer, the pioneering Bitcoin layer-2 scaling platform using BitVM … Read more
As an experienced analyst, I’ve closely followed Ethereum’s price action and on-chain activity for quite some time. The recent optimism in the Ethereum market with its recovery to $3,100 was a promising sign, indicating potential gains ahead. However, the notable activity of Ethereum whales cannot be ignored, as it can put short-term pressure on the … Read more
As a crypto investor who has been following the TON ecosystem closely, I’m relieved to hear that they have announced a compensation plan for users affected by the challenges during the Notcoin listing. The sudden surge in user activities far exceeded expectations and resulted in some technical difficulties that impacted various functionalities within the TON … Read more
As a seasoned crypto investor with a knack for deciphering market trends, I’ve seen my fair share of price volatility and indecision. Litecoin (LTC) is currently at a crossroads, leaving me – and many other investors – in a state of uncertainty. Litecoin (LTC), frequently referred to as the “silver” version of Bitcoin, has left … Read more
As a seasoned crypto investor with a few battle scars from the market’s volatility, I find the latest VC investment trends intriguing. The recent surge in Q1 funding, especially in infrastructure startups, is a positive sign for the sector. However, I am cautiously optimistic about the projected $12 billion investment figure for 2024. During the … Read more
As an experienced crypto analyst, I have closely monitored Bitcoin’s price movements and market indicators for years. The latest development in the world of Bitcoin has piqued my interest as a technical pattern has just turned bullish, which could potentially signal an impending rally for the largest cryptocurrency by market capitalization. The significant Bitcoin indicator … Read more
As a crypto investor with some experience in the industry, I’m relieved to hear that Genesis Global Capital has secured court approval to refund $3 billion to its customers. This news comes as a significant milestone after the company’s liquidity crisis triggered by substantial exposure to Three Arrows Capital and FTX. In a recent court … Read more
As a seasoned crypto investor with a deep understanding of the industry, I’m closely monitoring the situation in Paraguay regarding illegal Bitcoin mining and the proposed legislation. The government’s efforts to protect its power resources from illegal miners stealing electricity is understandable, but it’s important to consider the potential economic benefits that could come from … Read more