As a researcher with a background in finance and cryptocurrencies, I’ve witnessed firsthand the volatility and unpredictability that comes with the world of digital assets. This week was no exception, as we saw Bitcoin (BTC) and altcoins surge only to experience sharp declines, while the GameStop (GME) meme stock dominated discussions on Wall Street. Cryptocurrencies … Read more
As an experienced analyst, I believe Shiba Inu (SHIB) is currently facing a significant hurdle in the form of a massive sell wall that could limit its price surge in the short term. The triangle formation on the price chart indicates a potential breakout, but the strong resistance at $0.000027, as evidenced by on-chain data … Read more
As an experienced financial analyst, I have closely monitored the crypto market’s volatility over the past week with great interest. The initial optimism surrounding Bitcoin reaching new highs was short-lived due to the U.S. Job Data’s robust release, which signaled a potential hawkish stance by the Federal Reserve. Last week in the crypto market, I … Read more
As an experienced blockchain analyst, I’ve seen my fair share of distorted metrics in the crypto space. Traditional adoption measures like daily transactions have been manipulated through Sybil attacks and airdrops, leading to misleading representations of true user engagement. This is why I’m intrigued by Coinbase’s new H-Index metric, which aims to provide a more … Read more
As an experienced analyst, I believe that the recent price movement of VeChain (VET) is a bearish sign, and the breaking of the critical support level at $0.03289 indicates that there is still significant selling pressure in the market. The 100-day Simple Moving Average (SMA) and Relative Strength Index (RSI) indicators further confirm this bearish … Read more
As a crypto investor with experience in following Ripple’s developments closely, I believe McBride’s call for Ripple to pursue an acquisition strategy is a wise move. The company’s financial stability and strong market position make it an attractive candidate for strategic acquisitions that could broaden its business operations and product portfolio. Sean McBride, a former … Read more
As a seasoned crypto investor with a keen interest in emerging trends, I’m particularly intrigued by the growing buzz around AI-based tokens. The recent spike in social volume towards Synth AI and other AI projects is an unmistakable sign that this sector is worth keeping an eye on. Based on my experience, I’ve learned that … Read more
As an experienced analyst, I’ve seen my fair share of market declines in the crypto space, and this one seems particularly noteworthy given the macroeconomic conditions at play. The sharp decline we’re seeing today, with losses extending into a second day, is a cause for concern. Crypto assets have experienced a significant drop in value … Read more
As an analyst with a background in financial regulation, I’m deeply concerned about the recent revelation that 70% of shuttered cryptocurrency exchanges in South Korea failed to return investors’ funds. This is a stark reminder of the hidden risks associated with investing in lesser-known digital assets, especially in unregulated markets. As a crypto investor in … Read more
As a seasoned crypto investor with a few years under my belt, I’ve seen my fair share of market volatility and price swings. And today, as I look at the DOGE/USD chart, I can’t help but feel a sense of deja vu. Sellers continue their pressure at the beginning of the weekend, according to CoinMarketCap. … Read more