In summary, most of the altcoins are facing strong resistance at their respective moving averages, indicating a potential bearish outlook. However, if buyers manage to push the prices above the moving averages, it could suggest a comeback for these altcoins. Some altcoins like Cardano and Avalanche have formed ranges and are currently trading within those … Read more
As a researcher with extensive experience in the decentralized finance (DeFi) sector, I find it encouraging to see that losses from hacks have significantly declined in April compared to the previous months. The 67% reduction in hacking-related losses to $60 million is a promising sign of improvement and represents the first notable decline in 2024. … Read more
As a seasoned crypto investor with a strong focus on Environmental, Social, and Governance (ESG) investing, I’m closely monitoring the SEC’s decision regarding 7RCC’s carbon-neutral Bitcoin ETF. The delay in approval is certainly not ideal, but it’s essential to remember that regulatory rigor is a crucial component of any investment vehicle, especially one that aims … Read more
Activity on Jupiter, Solana’s biggest DEX, trumped Ethereum-based Uniswap’s numbers ETH’s volume remained higher than SOL’s, while JUP and UNI sentiment differed As an analyst with a background in blockchain technology and experience observing market trends, I find it fascinating to see how Solana’s DEX, Jupiter, has surpassed Ethereum’s Uniswap in terms of unique active … Read more
As an experienced financial analyst, I closely follow the regulatory landscape of digital assets and their related businesses. The recent court decision against BPS Financial for deceptive practices in connection with its Qoin token is a significant development that underscores the need for transparency and compliance within the crypto industry. As a crypto investor following … Read more
The percentage of BTC supply in profit has declined by 15% since 5 March Coin’s Age Consumed and Network Realized Profit/Loss metrics refuted claims of a price bottom As a researcher with extensive experience in analyzing Bitcoin market trends, I find the recent developments in the BTC supply in profit and related metrics intriguing. The … Read more