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
As an experienced analyst, I believe that BNB price is showing positive signs of a potential bullish trend. The recent increase from the $540 zone is significant, as it has allowed the price to surpass key resistance levels such as $580 and the 100 simple moving average (4 hours). Furthermore, the formation of a bullish … Read more
As a researcher, I find Trump’s recent shift towards supporting Bitcoin and cryptocurrencies to be an intriguing development that could potentially have significant implications for the digital currency market. The comments made by former President Trump have sparked widespread speculation among analysts and investors regarding the potential price impact on Bitcoin and other digital currencies, … Read more
As a crypto investor with some experience in the market, I’ve seen XRP price go through its ups and downs. Currently, the price is consolidating above the $0.50 support but extending losses if it fails to recover above the $0.530 resistance zone. This is similar to what we’ve seen with Bitcoin and Ethereum. XRP’s price … Read more
As a researcher with extensive experience in cryptocurrency markets and Ethereum price analysis, I believe that Ethereum is showing signs of recovery after finding support near the $2,940 level. The bulls have managed to push the price above major resistance levels, including the 100-hourly Simple Moving Average and a bearish trend line with resistance at … Read more