BONK has strong capital inflows and bullish momentum at press time. The resistance zone overhead forced buyers to retreat. As a crypto investor with some experience under my belt, I’ve seen my fair share of market volatility and price action. And right now, BONK is presenting an intriguing situation. As a researcher studying the crypto … Read more
As a researcher with a background in financial markets, I find the recent trend of outflows from cryptocurrency investment products quite intriguing. The $435 million weekly withdrawal from Bitcoin and Ether investment products is noteworthy, especially given that Bitcoin price has been rangebound for weeks. According to recent data from CoinShares, there was a significant … Read more
Lido’s price rise leads to an increase in the market cap of liquid staking assets. At the time of this writing, LDO was trading at approximately $2.13 As an experienced financial analyst, I have closely monitored the recent developments within the Ethereum [ETH] and liquid staking market, specifically focusing on Lido Dao [LDO]. Based on … Read more
In summary, most cryptocurrencies are experiencing bearish sentiment as they continue to trade below their respective moving averages and important support levels. Bitcoin is trying to hold onto its key support at $59,600 while Ethereum, Binance Coin, Solana, XRP, Toncoin, Dogecoin, and Cardano are all trading in bearish territory with key supports at $3,000 for … Read more
As a seasoned crypto investor with a keen interest in the latest developments within the blockchain industry, I am thrilled about the recent integration of Avalanche C-Chain network with payment giant Stripe. This collaboration has the potential to significantly boost the adoption of Avalanche (AVAX) and Web3 applications by solving one of the most pressing … Read more
Franklin Templeton lists ETH ETF (EZET) on the DTCC website. However, May approval odds by the US SEC are still low. As a researcher with experience in the crypto market, I’m excited about Franklin Templeton listing its Ethereum [ETH] ETF (EZET) on the DTCC website. This is a significant step towards institutional adoption of Ethereum … Read more