As an experienced financial analyst, I believe that the recent roundtable discussion between industry leaders and federal regulators is a positive step towards bridging the gap between the crypto industry and the Biden Administration. The productive nature of the meeting, as highlighted by Kristen Smith, CEO of the Blockchain Association, indicates that there is a … Read more
As a seasoned crypto investor with a deep understanding of the market and its underlying trends, I find the recent shift towards smaller transactions on the Bitcoin network to be an encouraging sign. The trend towards lower median transaction fees and the increase in the number of small transactions suggests that Bitcoin is being used … Read more
As a seasoned crypto investor with a keen interest in meme coins, I’ve been keeping a close eye on Shiba Inu (SHIB) and its recent developments. The surge in SHIB’s burn rate by approximately 4000% today is undeniably noteworthy, particularly when considered against the backdrop of potential optimism surrounding an upcoming SHIB ETF. Shiba Inu … Read more
As a seasoned crypto investor with a keen interest in decentralized finance (DeFi) and blockchain technology, I’m excited about the recent announcement of Animoca Brands joining forces with Core as a validator on its Layer-1 blockchain. This collaboration is significant for several reasons. On Thursday, July 11, it was revealed by Core, the Bitcoin-powered Layer-1 … Read more
As a seasoned crypto investor, I’ve witnessed my fair share of market fluctuations and have learned to read the signs in price charts. Based on the current trend, Ethereum (ETH) looks poised for potential gains. The fact that ETH is trading below its short-term and long-term moving averages but has a rising RSI and CMF … Read more
As an experienced financial analyst, I have closely followed the cryptocurrency market for several years now. The recent plunge of the Fear and Greed Index into the “extreme greed” territory with a reading of 25 out of 100 is a stark reminder of the volatile nature of this asset class. This is the first time … Read more
As a crypto investor with experience in the market, I’m excited about the possibility of a Shiba Inu ETF being approved by the SEC. The benefits outlined by LUCIE, the marketing lead for the Shiba Inu project, are compelling. For one, it would make it easier for traditional investors to gain exposure to the cryptocurrency … Read more
As a researcher with a background in blockchain and digital currencies, I find the recent Bloomberg report on illicit funds flowing through crypto markets quite concerning. The estimated $100 billion in suspicious transactions since 2019 is a staggering figure that underscores the need for greater regulation and oversight in this industry. As a financial analyst, … Read more
As a researcher with a background in the cryptocurrency market, I’m excited about the latest development regarding XRP and its potential institutional adoption. Brad Garlinghouse, the CEO of Ripple, has highlighted the importance of having a trusted benchmark reference rate for cryptocurrencies, such as XRP, which is now being offered by CME Group in collaboration … Read more
As a researcher with experience in the cryptocurrency market, I find the recent actions of the German government regarding Bitcoin intriguing. Their decision to sell off a significant portion of their Bitcoin holdings within a month has led to a substantial reduction in their total holdings. According to the available data, they have now sold … Read more