The SEC has backed down on its Ethereum investigation. The community slammed the Howey test. As a long-term crypto investor with experience in the industry, I’m thrilled to hear about the SEC’s decision to close its investigation into Ethereum 2.0 and ConsenSys. This update is a significant win for the ETH community, as it marks … Read more
WIF declined with 12.7% in 24 hrs and 19.2% in seven days. Metrics indicated that investors were closing long positions without opening new short positions. As an analyst with experience in cryptocurrency markets, I have closely monitored the recent price movements of WIF (dogwifhat), the Solana-based memecoin. Based on the data provided and my analysis, … Read more
Analysts reveal divergent views on the current miner profitability crisis. One camp deems the crisis as a ‘market top’ while others time it as a ‘buy signal’ As a researcher with a background in cryptocurrencies and market analysis, I find the ongoing miner profitability crisis an intriguing development that warrants close attention. The divergent views … Read more
Schiff warned that hedge funds selling Bitcoin to cover MSTR shorts could crash Bitcoin’s price. Bitcoin faced bearish trends, showing red candles in daily and weekly charts. As a seasoned crypto investor, I’ve seen my fair share of market volatility and price movements. Schiff’s warning about hedge funds selling Bitcoin to cover MicroStrategy shorts is … Read more
Bitcoin struggled to maintain the $65,000 level amidst market volatility. Analysts provided conflicting views on whether Bitcoin has reached its lowest point. As an experienced analyst, I have closely monitored the volatile Bitcoin market and its recent struggles to maintain the $65,000 level. The ongoing downward trend, with Bitcoin losing nearly 5% over the past … Read more
Outflows from crypto funds climbed to a three-month high last week. While BTC recorded significant outflows, inflows into ETH-backed products were above $10 million. As a crypto investor with some experience in the market, I find the recent developments in digital asset investment products quite intriguing. Last week’s data from CoinShares revealed that outflows totaled … Read more