Is Filecoin’s price ready for a bullish breakout? Analyst claims….

Filecoin’s price dropped sharply, before rebounding, showing signs of recovery amidst market volatility Significant trading volume and OIs highlighted ongoing investor interest in Filecoin As a crypto investor with some experience under my belt, I’ve seen Filecoin (FIL) go through its fair share of price volatility in recent weeks. The sharp decline below $3.40 was … Read more

Examining how Solana-based BONK ‘flipped’ WIF after 12% hike

BONK may hit the $0.00004-level if it closes strongly above the $0.000028-level Investors seem to be showing more interest in WIF, compared to BONK As a researcher with experience in the crypto market, I’ve been closely monitoring the recent developments between Bonk (BONK) and dogwifhat (WIF), two memecoins that have seen significant price movements following … Read more

DeFi at risk? Uniswap Labs objects to SEC’s regulatory proposals

Uniswap Labs is opposing SEC’s rule change to expand the definition of ‘exchange’  UNI has been swinging between $6 and $12 since April  As an analyst with a background in DeFi and crypto regulation, I’m closely following Uniswap Labs’ stance against the SEC’s proposed rule change expanding the definition of ‘exchange.’ The potential implications for … Read more

PYUSD sees dramatic 61% surge on Solana: Is ‘sleeper hit’ tag justified?

PYUSD’s supply on Solana surged by 61%, but dipped 7% on Ethereum. Solana’s developer called PYUSD a “sleeper hit” as its market capitalization rose from $180 million to $533.5 million. As a researcher with a background in blockchain analysis, I’ve been closely monitoring the developments surrounding PayPal USD (PYUSD) on different blockchains. The recent surge … Read more

Ethereum ETFs ‘close to the finish line,’ celebrates Bitwise CCO

The launch of Ethereum ETFs remained uncertain despite Gensler’s summer prediction. SEC’s cautious crypto stance contrasted with the Bitcoin ETF approval under Gensler. As an analyst with a background in cryptocurrencies and securities regulation, I’ve been closely following the developments surrounding the potential launch of Ethereum [ETH] exchange-traded funds (ETFs). While there have been signs … Read more

USDC volume surges to $23B in 2024: What are the reasons behind the rise?

USDC trading volume surged to $23 billion in 2024. Increased regulatory hurdles increased demand for regulated stablecoins. As a seasoned crypto investor with a keen interest in market trends and regulatory developments, I’ve witnessed firsthand the surge in demand for regulated stablecoins like USDC. The increased regulatory scrutiny and legal hurdles faced by altcoins have … Read more