As a seasoned researcher with extensive experience in the cryptocurrency market, I’ve closely followed the recent price movements of Bitcoin (BTC). Based on the data from CoinStats and my analysis of the charts, it appears that bulls are making a comeback. The BTC/USD rate has risen by 2.23% over the past 24 hours, as indicated … Read more
As an experienced financial analyst, I have closely monitored the recent developments in the economic landscape and the shifting market dynamics. Peter Schiff’s views on gold outperforming Bitcoin (BTC) and his skepticism towards Bitcoin’s sustainability are noteworthy. In response to the lower-than-expected U.S. Consumer Price Index (CPI) data, Schiff has reiterated his bullish stance on … Read more
As a researcher with experience in cryptocurrency analysis, I find it intriguing to observe the current market trends, especially when it comes to coins from the top 10 list on CoinMarketCap. Some of these coins have shown signs of bouncing off recently, and one such coin is Dogecoin (DOGE). Some coins from the top 10 … Read more
As a researcher with a background in finance and experience in following the crypto market, I’m excited about CME Group’s announcement of new reference rates and real-time indices for Ripple’s XRP and Internet Computer (ICP). This expansion of their cryptocurrency offerings is a significant step forward for the mainstream adoption of digital assets. The Chicago … Read more
As an experienced financial analyst following the cryptocurrency market closely, I view Tether’s recent announcement as a well-calculated move to streamline their offerings and prioritize resources towards more active and innovative blockchain ecosystems. Having observed similar decisions by other major players in this space, it is evident that focusing on a select few blockchains can … Read more
As a crypto investor with a few years of experience under my belt, I’m thrilled to hear that the SEC has dropped its investigation into Paxos and validated Binance USD (BUSD) as a non-security. This decision is a significant victory for stablecoin issuance and regulation in the US, bringing much-needed certainty to the market. As … Read more
As a researcher with extensive experience in the cryptocurrency industry, I cannot help but express concern over the recent Squarespace hack and its potential impact on various Web3 platforms. The fact that more than 105 crypto projects were using Squarespace for their IT services is alarming, and the implications of this security breach are far-reaching. … Read more
As an analyst with a background in blockchain technology and decentralized finance, I’m excited to see the implementation of SSV Network’s Simple DVT module on Lido Finance. The potential opportunities this new solution brings for the Lido audience are significant. The technology known as SSV Network’s Distributed Validator Technology (DVT) is expected to be utilized … Read more
As an analyst with extensive experience in the cryptocurrency and securities industries, I view the SEC’s decision to terminate its investigation into Paxos Trust Company over the Binance USD (BUSD) stablecoin as a positive development for the industry. The uncertainty surrounding the regulatory status of stablecoins has been a major concern for market participants, and … Read more
As a seasoned crypto investor with a keen interest in MicroStrategy, I’m thrilled about the company’s recent announcement of a 10-for-1 stock split. This move is not only unprecedented but also fueling a rapid surge in MSTR’s price, which has been on an impressive run since the firm announced its Bitcoin strategy in 2020. MicroStrategy … Read more