The range formation of April and May gained notability once again. The bulls might falter and cede the $60k level to the bears in the coming days. As an experienced analyst, I’ve seen my fair share of market volatility in the cryptocurrency space. The range formation of April and May gained significant attention once again … Read more
SHIB and PEPE saw large deposits on the Binance exchange. The memecoins have remained in a bear trend. As a seasoned crypto investor with a keen interest in memecoins, I’ve been closely following the recent developments surrounding Shiba Inu (SHIB) and Pepe (PEPE). The data from various analytics platforms has been intriguing, to say the … Read more
Pompliano explains BTC’s recent drop is normal, highlighting profit-taking and seasonal trends. He predicts a bullish future for Bitcoin coupled with the power of AI. As an experienced financial analyst, I believe that the recent drop in Bitcoin’s price is a normal occurrence in the market. Profit-taking and seasonal trends are significant factors contributing to … Read more
This text discusses various aspects of Monero mining, including mining using GUI vs. CLI, pool mining, hardware mining, benefits and drawbacks, storing mined Monero, and alternatives to mining. It also includes a FAQ section on mining Monero. The text aims to provide readers with comprehensive information on Monero mining and help them make informed decisions. … Read more
Negative sentiment in the market caused the increase in outflows from BTC and ETH. Projected distribution by a defunct exchanges puts the cryptos at risk of another decline As a researcher with experience in the cryptocurrency market, I’m concerned about the recent trend of outflows from Bitcoin and Ethereum. The negative sentiment in the market … Read more
In summary, Bitcoin ETFs are exchange-traded funds that provide investors with exposure to Bitcoin through passive investments. They are traded on regulated stock exchanges and offer several advantages such as accessibility, no need for storage, and potential risk diversification. However, they also come with some disadvantages like higher fees, lack of ownership, and potential tracking … Read more