Rising active addresses propelled the significant price increase. Circulation fell, and many old coins remained stagnant, indicating another upside. As a researcher with experience in analyzing cryptocurrency market trends, I find the recent price surge of Pepe (PEPE) intriguing. The 15.75% increase in just 24 hours, followed by a slight decline, is a clear indication … Read more
As an experienced cybersecurity analyst, I find it highly unlikely that FSOCIETY successfully hacked Bitfinex’s database based on Paolo Ardoino’s statements. Bitfinex has a robust security infrastructure, and they have repeatedly emphasized their commitment to protecting user data. The fact that only 5,000 of the leaked records matched with Bitfinex users further supports this theory. … Read more
Experts like Tom Lee believe Bitcoin will climb higher Metrics suggested the market hasn’t bottomed yet in light of the persistent sell-side pressure As a researcher with experience in analyzing cryptocurrency markets, I believe that while there is optimism among some experts like Tom Lee that Bitcoin will continue to climb higher, the current market … Read more
As a researcher with a background in cryptocurrencies, I find the current analysis of Bitcoin’s (BTC) potential price reversal based on the inverse head and shoulders pattern quite intriguing. The bullish indicator, as explained by crypto trader Matthew Hyland, could signal a bottom pattern reversal if Bitcoin holds above its short-term holder price of $59,500. … Read more
ETH’s price appreciated by over 5% on 3 May This contributed to a hike in the number of short positions liquidated As a researcher with a background in cryptocurrencies and derivatives markets, I find the recent price rally of Ethereum [ETH] on May 3rd intriguing. The sudden surge in ETH’s price led to a significant … Read more
The Puell Multiple closed in on a historical accumulation point Bitcoin’s Delta Cap surged, suggesting that the price might not hit $100,000 this cycle As a seasoned crypto investor with a few cycles under my belt, I find the recent developments in Bitcoin’s Puell Multiple and Delta Cap quite intriguing. The Puell Multiple dropping to … Read more