Fees generated by Runes to Bitcoin have fallen to 21.1% after an earlier dominance of 77.3%. Declining activity on the protocol and Ordinals have led miners’ revenue to plunge. As a crypto investor with experience in Bitcoin and its related ecosystems, I’m concerned about the recent developments surrounding Bitcoin Runes and Ordinals. The sharp decline … Read more
Cardano has a strongly bearish market structure The technical indicators projected a deep price drop could arrive soon As a researcher with extensive experience in analyzing cryptocurrency markets, I’ve closely monitored Cardano [ADA] and its recent price action. Based on my technical analysis and market structure assessment, I believe that Cardano has a strongly bearish … Read more
The increase showed that attention was shifting back to the chain. BNB’s price might fall to $580 despite the rise in TVL. As a researcher with experience in crypto analysis, I find the recent surge in DEX trading volume on BNB Chain intriguing. The increase showed that attention was shifting back to the chain after … Read more
As an experienced analyst, I’ve been closely monitoring the cryptocurrency market and have taken notice of the recent decline in activity for the Runes protocol. While it initially gained significant traction following its launch on April 19, with transactions making up the majority of Bitcoin network activity, there has been a notable decrease since May … Read more
As a crypto investor with experience in Africa’s market, I find the ongoing situation between Binance and the Nigerian government concerning. The allegations of bribery against Nigerian officials and the detention of Binance executives have sent a discouraging message to foreign investors. SBM Intelligence, a risk consulting firm specializing in Africa, has issued a cautionary … Read more
Solana was down by more than 5% in the last 24 hours alone. A few of the metrics and indicators hinted at a trend reversal. As a seasoned crypto investor with years of experience under my belt, I’m keeping a close eye on Solana (SOL) as it approaches a critical support level. The recent decline … Read more