As a seasoned crypto investor with a keen interest in regulatory developments, I find the White House’s stance on FIT 21 both intriguing and concerning. The administration’s opposition to the current version of the bill due to insufficient consumer and investor protection is a welcome sign that they recognize the importance of safeguarding digital asset … Read more
As a seasoned crypto investor with a keen interest in Dogecoin (DOGE), I’ve witnessed firsthand the recent price fluctuations and the whale transaction that triggered renewed concerns within the community. The massive selloff of 90 million DOGE coins to Coinbase, as reported by Whale Alert, has added significant bearish pressure to an already volatile market. … Read more
As an analyst with a background in financial technology and blockchain, I’m closely following the developments at Ripple Labs Inc., particularly their plans to launch a stablecoin named RLUSD. The company’s recent trademark filing is a significant step forward in this process, indicating that we might be on the verge of seeing a new player … Read more
As a seasoned crypto investor with a deep understanding of the market, I’m thrilled to see BlackRock and Bitwise taking proactive steps towards securing approval for spot Ethereum ETFs. Their revised filings with the SEC are a positive sign that institutional adoption of Ethereum is on the rise. BlackRock and Bitwise, two prominent asset managers, … Read more
As a researcher with a background in cryptocurrency analysis, I’ve been closely monitoring the market trends and developments for Shiba Inu (SHIB) and Avalanche (AVAX). It’s been an intriguing turn of events as SHIB has lost its spot in the top 10 crypto rankings to AVAX. In a shift in market rankings, Shiba Inu (SHIB), … Read more
As an analyst with a background in cryptocurrency market analysis, I find the recent surge in Ethereum (ETH) prices quite intriguing. The approval odds of Ethereum Exchange-Traded Funds (ETFs) and the massive Ether reserve being locked up for staking have created a perfect storm for potential price appreciation. Recently, Ethereum (ETH) has experienced remarkable growth. … Read more
As an experienced analyst, I have seen my fair share of market trends and price movements. Based on the current information available, Ethereum’s recent bullish surge is undeniably impressive, with the price slicing through resistance levels like a hot knife through butter. However, I cannot help but feel a sense of caution as there seems … Read more
As a seasoned crypto investor with a soft spot for Shiba Inu (SHIB), I can’t help but feel elated by the latest news that SHIB has been listed on Backpack, an up-and-coming centralized exchange focused on the Solana ecosystem. The announcement was made through the official Shib token account, marking a significant milestone for this … Read more
As an experienced analyst, I believe that today’s crypto market selloff is primarily driven by a combination of external factors such as the UK inflation data and the FOMC Minutes release. The unexpected increase in the US 10-Yr Treasury yield and the cautious approach taken by traders due to the Fed’s potential delay or reduction … Read more
As an experienced financial analyst, I find John Bollinger’s recent warning of an impending pullback in Bitcoin’s price to be a prudent observation based on his extensive market knowledge and the use of his proprietary technical analysis tool, Bollinger Bands. The two-bar reversal at the upper Bollinger Band is a significant bearish signal that warrants … Read more