Bitcoin mining gets tougher – Good news for BTC’s price or…

The rise in difficulty propelled a hike in daily miners’ revenue A lot of miners cashed out their BTC, suggesting the coin’s price might fall As a researcher with experience in cryptocurrency and blockchain analysis, I’ve been closely monitoring the recent developments on the Bitcoin network. The significant rise in mining difficulty and hash rate … Read more

Shiba Inu slips 10% in a day: What’s behind the plunge?

SHIB’s value has dropped by almost 10% in the past 24 hours. With significant bearish influence, the meme asset may witness a further decline. As a researcher with extensive experience in cryptocurrency analysis, I find the recent price action of Shiba Inu (SHIB) concerning. Despite the approval of an ETF that includes Bitcoin and Ethereum, … Read more

Bitcoin Open Interest down by $1B – What traders should know

Money flowed out of BTC contracts, suggesting that the price might fall to $65,000. Social dominance dropped to 7.07%, indicating that attention was moving to other cryptocurrencies. As a seasoned crypto investor with a keen interest in market trends and on-chain data, I’m keeping a close eye on Bitcoin (BTC) after noticing some concerning developments. … Read more

Chainlink: 62% of holders ‘in the money’ as LINK hits 6-week high

LINK has climbed to its highest price level in six weeks. Most LINK transactions continue to return profit.  As a researcher with experience in analyzing cryptocurrency markets, I’m excited to see Chainlink (LINK) leading the altcoin rally following its six-week high price level. The recent surge in LINK’s price has been profitable for many investors, … Read more