Great job on explaining the basics of reading crypto charts and understanding candlestick patterns! I think it’s important for beginners to understand that while these tools can provide valuable insights, they should not be relied upon solely when making trading decisions. It’s also crucial to keep learning and expanding your knowledge base in order to … Read more
As an experienced financial analyst, I find El Salvador’s move to adopt Bitcoin as legal tender and create a proof-of-reserve website an innovative step towards financial inclusion and attracting financial innovation. The country’s goal of adding 1 BTC to its treasury every day is commendable, especially since they started buying Bitcoin in September 2021. El … Read more
WLD’s price declined by more than 5% in the last 24 hours. Most technical indicators hinted at a price uptick in the coming days. As an experienced analyst, I believe that the recent decline in Worldcoin’s (WLD) price, which dropped by more than 5% in just 24 hours, was a correction rather than a long-term … Read more
This text appears to be a summary of news articles and analysis related to the cryptocurrency market, specifically Bitcoin (BTC), for the week of May 13, 2024. The following are the key takeaways: Bitcoin (BTC) begins the new week by maintaining its position above the crucial support level of $60,000, as market sentiment remains on … Read more
As a crypto investor with experience in the Asian market, I’m excited about the recent announcement from the Bangko Sentral ng Pilipinas (BSP) regarding the controlled trials of the Philippine Peso-backed stablecoin, PHPC. This development comes after UnionBank’s successful launch of a payments-focused stablecoin pegged to the Philippine peso, PHX, in 2019. As a crypto … Read more
Shiba Inu and FLOKI both saw accumulation amidst negative social media sentiment The selling pressure behind Shiba Inu was not intense in the past six weeks As a crypto investor with some experience in analyzing meme coins, I’ve been keeping an eye on Shiba Inu (SHIB) and Floki (FLOKI). Both tokens have seen accumulation phases … Read more