Bitcoin’s Funding Rates on DyDx and Deribit have turned positive. The coin’s “flat” Open Interest signals that market participants are unsure of its short-term price direction. As an analyst with a background in financial markets and experience in crypto analysis, I believe that Bitcoin’s (BTC) recent surge in positive Funding Rates on exchanges like DyDx … Read more
As a seasoned crypto investor with years of experience under my belt, I’ve seen the trend of pre-launch token trading gain significant traction among investors. However, I must admit that this phenomenon comes with its own set of challenges and risks. Trading cryptocurrency tokens prior to their official launch has become increasingly popular amongst investors. … Read more
As a seasoned crypto investor with a strong background in the decentralized finance (DeFi) space, I’m closely monitoring the new regulations set by the European Union (EU) that could significantly impact DeFi protocols. The EU’s Markets in Crypto-Assets Regulation (MiCA), which will be fully enforced by the end of 2024, requires DeFi protocols to adhere … Read more
Ethereum showed a bearish market structure and could be headed for $2.5k. The OBV slipped below a key level as selling pressure increased. As an experienced analyst, I have closely monitored Ethereum’s [ETH] market structure and trends, and based on the current data, I believe that Ethereum could be headed for $2.5k in the near … Read more
As an experienced financial analyst, I’m closely monitoring the latest developments in the digital asset and blockchain industry. Deutsche Bank’s collaboration with Singapore’s Monetary Authority (MAS) on Project Guardian is a significant move that underscores the growing importance of tokenization and decentralized finance (DeFi) in wholesale funding markets. In a partnership with Singapore’s monetary authority, … Read more
Starknet Foundation Launches Seed Grants Program, BlockFi Partners with Coinbase, and Top Crypto News – DeFi & NFTs The past week has been an exhilarating one, filled with numerous cryptocurrency industry developments and more. Contrary to appearances, there’s a wealth of topics worth exploring since our previous update. Let’s begin by sharing the most significant … Read more