As an experienced analyst, I believe that the recent allegations against Neel Somani, founder and CEO of Eclipse, a blockchain company focused on Ethereum layer 2 solutions, are serious and require a thoughtful response. While Somani maintains that the allegations are false, it is essential for him to take a step back from his public … Read more
The number of NFT traders on Solana recently rallied to a multi-month high. The steady decline in SOL’s price has led to a fall in NFT sales volume. As a researcher with experience in the crypto and NFT space, I’ve been closely monitoring the trends on Solana (SOL) regarding NFT traders and sales volume. The … Read more
Buying pressure on XRP was high, while its price action was sluggish. Most metrics and indicators hinted at a price correction. As a researcher with experience in the cryptocurrency market, I’ve closely watched XRP‘s price action and market sentiment. While there’s been an increase in social metrics and discussion around the token due to recent … Read more
As an experienced cryptocurrency analyst, I believe that the emergence of new transaction fee-generating applications like Ordinals, Runes, and BRC-20s will be crucial for Bitcoin miners’ sustainability as more halving events occur. The Bitcoin network’s growth in use cases and user base has significantly impacted miners’ fee income from on-chain transactions. According to a mining … Read more
Large holders have accumulated millions of DOGE. DOGE saw an over 1% price increase. Based on my analysis as an experienced financial analyst, the recent accumulation trend among large Dogecoin holders and the corresponding increase in price could be a promising sign. However, it is essential to remain cautious, as DOGE‘s price trend remains bearish, … Read more
As a seasoned crypto investor with several years of experience under my belt, I find the recent emergence of a “bullish hammer” candle on Bitcoin’s weekly price chart intriguing. The bullish hammer is a bullish reversal pattern that occurs when there is a small body above a thin long line, referred to as a “wick.” … Read more