Bitcoin consolidated at $68K, possibly needing to touch $65K before aiming for its all-time high. On-chain metrics and bullish trader activity show stabilization, with potential for a surge post-consolidation. As a seasoned crypto investor with several years of experience under my belt, I’ve seen my fair share of market fluctuations and trends. Based on the … Read more
It seems that you have written an informative article about Non-Fungible Tokens (NFTs), focusing on one of the most expensive NFT sales, Beeple’s “The First 5000 Days,” which was sold for $69 million. You also discussed the concept of NFTs, their importance in the art industry and market efficiency, factors determining an NFT’s value, and … Read more
Over the past week, from May 20th to May 26th, we’ve been through quite an eventful period, haven’t we? It’s been reminiscent of the rollercoaster ride that followed Bitcoin‘s record-breaking all-time high and the launch of Bitcoin ETFs. Last week brought a fascinating mix of positive, negative, unexpected, and worrying developments, generating ample topics for … Read more
Altcoin market cap exceeds $1.1 trillion, signaling potential for an ‘altseason.’ Analysts predict a significant surge if resistance levels are broken. As a researcher with extensive experience in the cryptocurrency market, I am closely monitoring the current trend in the altcoin sector. The recent surge in the altcoin market cap to exceed $1.1 trillion is … Read more
SHIB was quiet last week as PEPE overshadowed other legacy meme coins. SHIB’s market indecision meant that it could extend its price range. As a researcher with experience in cryptocurrency markets, I have observed that Shiba Inu (SHIB) was overshadowed by Pepe (PEPE) last week, resulting in disappointing gains for SHIB’s short-term holders. PEPE, on … Read more
Memecoins have been the talk of the town this bull run and have performed well since late February. There’s an allure to these tokens that solve nothing but still attract thousands of investors. As an experienced crypto analyst, I’ve seen my fair share of market trends come and go. Memecoins have certainly piqued the public’s … Read more