As an experienced financial analyst, I believe that the recent dip in Bitcoin’s price below the $70,000 mark is not a cause for significant concern at this point. Based on the data from CoinGecko and IntoTheBlock, it appears that the premier cryptocurrency has established a strong support area around its current price level due to … Read more
As a long-term Bitcoin investor with experience in observing market trends, I find van Lagen’s analysis intriguing. The distribution of long-term Bitcoin holders to new ETF holders could indeed be a factor hindering the cryptocurrency’s decisive break above $70,000. Previous distributions have historically led to parabolic price discoveries followed by prolonged bear markets. As an … Read more
As a seasoned crypto investor with several years of experience under my belt, I’ve seen my fair share of market fluctuations in Ethereum. The recent decline below $3,700 has left me feeling a bit uneasy, as this level has historically served as a strong support area for ETH. Ethereum dipped below the $3,700 mark, unable … Read more
As an experienced analyst, I find the recent underperformance of XRP, a Ripple-affiliated cryptocurrency, to be puzzling despite its current dismal performance against other top 100 coins. The skewed figures are mainly attributed to the massive price rally following Rippe’s partial win against the U.S. Securities and Exchange Commission (SEC) last July. As an analyst, … Read more
As an experienced analyst in the cryptocurrency space, I cannot stress enough the importance of staying vigilant against scams, especially within the Shiba Inu community. The recent surge of fraudulent websites designed to steal user funds is a significant threat that should not be taken lightly. These scams, some disguised as wallet connection tools, are … Read more
As an experienced analyst, I’ve seen my fair share of cryptocurrency market fluctuations. The recent surge in on-chain activity surrounding Shiba Inu (SHIB) is intriguing, to say the least. With over 17 trillion SHIB tokens moved within the last week, it’s no wonder that traders and analysts are keeping a close eye on this meme … Read more
As a long-term crypto investor, I’m thrilled to see Core Scientific reject the undervalued acquisition proposal from CoreWeave. The company’s board of directors recognized the significant growth potential and strategic value of Core Scientific, which is an encouraging sign for shareholders like myself. Core Scientific, a prominent North American operator in the field of high-performance … Read more
As an experienced cryptocurrency analyst, I have closely observed the market trends and gains over the past week. The recent surge in the prices of various altcoins like ORDI, STX, and KAS has been quite impressive, with each of them recording significant gains and setting new all-time highs. Over the past week, several cryptocurrencies including … Read more
As a crypto investor with a few years of experience under my belt, I can’t help but shake my head at Iggy Azalea’s latest antics in the Ethereum and cryptocurrency community. Her recent accusations against Vitalik Buterin regarding gas fees are not only misinformed but also damaging to the industry as a whole. As a … Read more
As a seasoned crypto investor, I’ve seen my fair share of market volatility and price swings. The recent dip in Bitcoin’s price to around $68,450 on Friday was a familiar sight, but the shift in market sentiment indicated by the latest COT report from the CFTC was a cause for concern. On Friday, Bitcoin underwent … Read more