Is $68,500 Bitcoin Recovery A Dead-Cat Bounce? What Data Suggests

As a researcher with extensive experience in analyzing cryptocurrency markets, I find the current state of Bitcoin’s futures market intriguing. The stabilization of the BTC funding rate around relatively low values recently is an essential indicator to watch when evaluating the likelihood of a dead-cat bounce or a sustainable recovery. Based on the analysis of … Read more

Shiba Inu (SHIB) Delivers Devastating Performance, Solana (SOL) Performs Massive Breakthrough, Is Ethereum (ETH) Ready For Bullish Market?

As a researcher with experience in analyzing cryptocurrency markets, I find Shiba Inu’s inability to surpass the 50 Exponential Moving Average (EMA) a concerning situation. The repeated failures to breach this resistance level indicate weak buying pressure and suggest that there are no significant changes on the horizon. As an analyst, I’ve observed that Shiba … Read more

Bitcoin Exchange Balances Hit Rock Bottom: Are We On The Verge of A Major Bull Run?

As a researcher with a background in cryptocurrencies and market trends, I find the current state of Bitcoin exchange reserves to be an intriguing development. The unprecedented low levels of Bitcoin on exchanges are a bullish signal that could lead to a significant price surge. This trend is further amplified by institutional investors’ increasing interest … Read more

Shibarium BONE Token Set for Potential Binance Listing Price Up by 5%

As a long-time crypto investor, I’ve seen my fair share of market fluctuations and project listings on various exchanges. Binance’s recent call for project applications has piqued my interest, especially regarding the potential listing of BONE, Shiba Inu’s gas token for Shibarium. The recent request for project submissions by Binance has fueled anticipation among crypto … Read more

Spot Ethereum ETF: SEC Pushes Exchanges for Update on 19b-4 Filings

As an experienced financial analyst, I believe that the SEC’s accelerated request for 19b-4 filings from exchanges seeking to list and trade spot Ethereum ETFs could potentially be a game-changer for the cryptocurrency market. The SEC’s apparent willingness to consider these applications more favorably than before is a positive sign that regulators may be softening … Read more