Avalanche’s daily memecoin transaction count hit 10k twice in March. The memecoin frenzy subsided significantly on Avalanche, aligning with the drop in Solana’s numbers. As an experienced crypto investor, I’ve seen my fair share of trends come and go in this space. And while memecoins have been a hot topic lately, with networks like Solana … Read more
As an experienced crypto analyst, I have observed the recent fluctuations in Bitcoin’s (BTC) market dominance and the subsequent shift in focus towards altcoins with great interest. Based on the data and trends presented in the article, it seems plausible that Bitcoin’s dominance may indeed have peaked, as traders appear to be rotating their capital … Read more
As a researcher with a background in financial regulation and a keen interest in the intersection of technology and finance, I find the U.K.’s increased scrutiny on crypto firms in relation to money laundering a significant development. The data presented by the Financial Conduct Authority (FCA) highlights the heightened risk these companies face, and the … Read more
US Fed left interest rate unchanged again, citing “lack of further progress” on 2% inflation target. BTC remains under pressure despite a modest flip after the Fed meeting. As an experienced financial analyst, I believe that the US Federal Reserve’s decision to leave interest rates unchanged once again is a clear signal that they are … Read more
As an experienced analyst, I see Aave Labs’ proposal for upgrading and evolving its decentralized finance (DeFi) lending protocol Aave as a significant step forward in the rapidly evolving world of DeFi. The proposed features, such as major upgrades to the Aave Network, cross-chain liquidity layer, non-EVM layer-1 deployments, and a new visual identity, align … Read more
As a seasoned crypto investor with a keen eye on market trends, I find the recent record net outflows from U.S. spot Bitcoin ETFs alarming but not entirely unexpected. The fact that BlackRock’s iShares Bitcoin Trust (IBIT) experienced its first-ever outflow day is concerning, with $36.6 million leaving the fund on May 1 alone. Record … Read more