As a long-term crypto investor with experience in holding Ethereum (ETH), I’m concerned about the recent selling pressure on the second-largest cryptocurrency. The continuous downturns have kept Ethereum just above the $3,000 support level, and new holders face the risk of experiencing losses. As a researcher studying the cryptocurrency market, I’ve noticed that Ethereum (ETH), … Read more
As a researcher with a background in financial markets and experience in following Bitcoin’s price action, I find Michael Van De Poppe’s bearish outlook on Bitcoin intriguing, given the current market conditions. His technical analysis of the largest crypto asset by market cap being at the range low and the potential for a possible movement … Read more
As a seasoned crypto investor with a keen interest in decentralized technologies and their real-world applications, I’ve been closely monitoring the recent developments surrounding RNDR, the digital asset associated with Render Network. Over the past week, this token has displayed an impressive surge of more than 40%, reaching almost $12 by May 8, 2024 – … Read more
As a researcher with a background in cryptocurrency markets and economics, I find the decline in the Bitcoin Kimchi Premium in South Korea intriguing. This phenomenon, unique to South Korea, offers traders both opportunities and risks due to the country’s strict regulations. The recent shrinkage of 1.54% in Asia is a noteworthy development, as it … Read more
As a researcher with a background in finance and a keen interest in the crypto market, I’ve been following Bitcoin’s trajectory closely. The question of whether Bitcoin can reach $70,000 in the coming months is an intriguing one, and while it remains a focal point, I can’t help but be drawn to the promising potential … Read more
As a seasoned crypto investor with a strong belief in the potential of Ethereum, I share Ryan Berckmans’ optimistic outlook on the “Age of Ethereum.” Despite the recent underperformance of ETH and the criticism it has received, I firmly believe that Ethereum’s underlying fundamentals are stronger than ever. As a researcher studying the cryptocurrency market, … Read more
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