As a long-term crypto investor with a keen interest in regulatory developments, I find Rostin Behnam’s recent remarks at the 2024 Global Conference both reassuring and concerning. On one hand, it is heartening to hear the CFTC chair acknowledge the resilience of the crypto market despite last year’s downturn and the continued influx of investors … Read more
SHIB’s recovery hit over 20% as bulls aim for further gains. But the recovery faced hurdles that could only be bypassed if BTC extended recovery. As an analyst with extensive experience in cryptocurrency market analysis, I’ve closely observed Shiba Inu’s [SHIB] recent price action and technical indicators. The memecoin has shown impressive recovery since May … Read more
As a seasoned crypto investor with several years of experience in the industry, I’ve seen my fair share of airdrops and their impact on the community. The ongoing controversy surrounding EigenLayer’s restrictive airdrop qualifications is just the latest chapter in this saga. As a researcher studying the cryptocurrency scene, I’ve been following the ongoing debate … Read more
In summary, most cryptocurrencies have formed ranges or are trying to break out of their current ranges, with some showing signs of potential trend reversals. Bitcoin and Ethereum are attempting to hold above their respective moving averages, while altcoins like Dogecoin and Cardano continue to face selling pressure at resistance levels. Toncoin and TON are … Read more
As an analyst with a background in law and finance, I find the recent sentencing of Changpeng “CZ” Zhao, the former CEO of Binance, to four months in prison for violating U.S. money laundering laws, intriguing. While Zhao’s sentence may seem lenient compared to the three-year term requested by prosecutors, it is essential to understand … Read more
Stablecoin market cap grew to $158 billion, a 4.76% increase. DAI boost Ethereum Stablecoin trading volume As an analyst with extensive experience in the cryptocurrency market, I find the recent developments in Ethereum’s stablecoin sector to be quite intriguing. The stablecoin market cap growing to $158 billion, a 4.76% increase, is noteworthy, but the surge … Read more