As a seasoned crypto investor, I’ve witnessed numerous market cycles and corrections, but this one feels different. The recent correction, which is the deepest of the cycle so far, has brought Bitcoin down to the $57,000 support zone, while Ethereum has plunged below $3,000. However, analysts remain optimistic about what’s to come. During Q1 2024, … Read more
As an experienced analyst, I have closely observed the cryptocurrency market for years, and Dogecoin’s price action in 2024 has caught my attention. The recent correction following a breakout from a descending triangle pattern seems ominous at first glance, but upon closer examination, it appears to be a recurring theme in Dogecoin’s bull runs. As … Read more
As a crypto investor with some experience under my belt, I find the recent analysis by Ki Young Ju on the current state of Bitcoin both intriguing and concerning. The revelation that all new whales and spot ETF investors are now underwater is a stark reminder of the volatility in the market. As a crypto … Read more
As a seasoned crypto investor, I’ve seen my fair share of market volatility and price swings. The recent decline in Bitcoin’s price below $60,000 is certainly concerning, but it’s important to keep things in perspective. The Bitcoin price is currently dipping below $60,000 following a steep 20% drop that caused widespread turmoil in the cryptocurrency … Read more
As an experienced analyst with a background in cryptocurrency and financial markets, I find Willy Woo’s analysis intriguing. The correlation between the total user count of Bitcoin and its fair value is an interesting perspective to consider. Based on historical data, it appears that the number of users on the network has been a reliable … Read more
As an experienced analyst, I have closely followed the developments in the crypto market and the XRP price in particular for quite some time. The recent on-chain data revealing Ripple’s token unlock and subsequent transfers has once again brought up concerns about potential price manipulation and dumping by the crypto firm. Recently revealed on-chain information … Read more
As a crypto investor with some experience in technical analysis, I find the bull flag pattern identified by analyst Ali in Shiba Inu intriguing. This potential formation could be a sign of an upcoming bullish trend for the cryptocurrency. As a crypto investor, I’ve been closely following the daily chart of Shiba Inu, and an … Read more
As a seasoned crypto investor with a decade of experience in this volatile market, I’m thrilled about Coinbase’s recent approval for offering cryptocurrency derivative trading to U.S. retail customers. This news brings renewed hope and momentum to the $2.1 trillion cryptocurrency derivative market, which has seen a significant decline in trading volume due to economic … Read more
As an experienced financial analyst with a background in cryptocurrency and regulatory compliance, I find Senator Lummis’ stance on the US DoJ’s approach to regulating non-custodial software for crypto assets both commendable and concerning. Her strong statement against what she perceives as an overreach of regulatory power resonates with me, given my knowledge of the … Read more
As a crypto investor with a few years of experience under my belt, I find BNP Paribas’ recent investment in spot Bitcoin ETFs an intriguing development. While it may seem insignificant compared to their vast AUM, the move signifies a growing interest from traditional financial institutions in the digital currency market. With a vast AUM … Read more