As a crypto investor with some experience under my belt, I’m keeping a close eye on the latest developments between Ark Invest and Robinhood Markets Inc. (HOOD). The recent sell-off of over $7.5 million worth of Robinhood shares by Cathie Wood’s firm is concerning. Despite the acquisition of Bitstamp, Ark continues to reduce its exposure … Read more
As an experienced analyst, I believe that the recent surge in network activity on Litecoin (LTC) is a strong indicator of an upcoming price rally. The significant increase in unique addresses interacting on the network over the past week, from approximately 345,000 to over 700,000, suggests growing interest and usage of this popular cryptocurrency. As … Read more
As an analyst with a background in technology and experience in following the developments in the tech industry, I find Elon Musk’s stance on Apple collaborating with OpenAI and his threat to ban Apple devices at his companies intriguing. Musk’s skepticism towards major AI developers’ approach to social agreeability is well-documented, and his concern over … Read more
As an experienced analyst, I believe that the recent whale activity surrounding Pendle is a bullish signal for the token’s future price trajectory. The significant deposits and lock-ups by influential figures like the dormant whale and Arthur Hayes indicate confidence in Pendle’s long-term value proposition. Amid the unpredictability of the cryptocurrency market, there’s been heightened … Read more
As a seasoned crypto investor with a deep understanding of the blockchain industry, I’m excited about Binance’s recent investment in Zircuit. The company’s commitment to offering users a seamless Web3 experience is commendable, and Zircuit’s innovative approach to L2 (Layer 2) networks is truly game-changing. To enhance the smooth Web3 journey for users, Binance Labs, … Read more
As an analyst with a background in traditional finance and a growing interest in the digital asset market, I find this recent development of Bitcoin Spot ETFs accumulating significant amounts of BTC to be a promising sign for the future of cryptocurrencies. The sheer size of these purchases, equivalent to nearly two months’ worth of … Read more
As a seasoned crypto investor with a keen interest in Ethereum (ETH), I find the recent data from CryptoQuant alarming. The bearish outlook for ETH and the seven-day moving average of the Taker Buy Sell Ratio are clear indicators of an aggressive selling trend in the futures market. Based on the latest data I’ve seen … Read more
As a crypto investor with some experience in the market, I’ve seen my fair share of price fluctuations and network upgrades. The recent pullback in Solana (SOL) price, resulting in a 2.97% drop to $153, has left me cautiously optimistic. Solana’s price has taken a step back in the last 24 hours, currently sitting just … Read more
As a researcher with a background in the cryptocurrency industry, I am thrilled to witness Crypto.com’s recent achievement of obtaining approval as a Virtual Asset Service Provider (VASP) from the Central Bank of Ireland. This milestone is a significant leap forward for the company and cements its position as a trusted and compliant entity in … Read more
As an experienced financial analyst, I have closely monitored the cryptocurrency market for several years now. Based on the current data from CoinMarketCap and the analysis of XRP‘s price action, it is clear that the correction trend is continuing for this digital asset. Although there was a false breakout above the local support level of … Read more