The presidential debate ignored crypto, but altcoins showed bullish trends. BODEN fell by 35%, while TREMP declined by 7.35% post-debate. As an analyst with a background in financial markets and crypto, I find it intriguing how the presidential debate unfolded without addressing the crypto industry’s concerns, despite its growing importance in the political landscape. The … Read more
SOL rallied 9% and hit $150 following VanEck’s SOL ETF application A market maker has since gone long on SOL, projecting its price could appreciate 8.9x. As a seasoned crypto investor with a keen interest in the Solana (SOL) ecosystem, I’m excited about the recent developments surrounding the potential approval of the first US spot … Read more
In summary, XRP and XLM are two distinct cryptocurrencies created by Jed McCaleb with different target audiences and approaches. XRP is designed for banks and financial institutions, has a fixed supply, and uses the Ripple Protocol Consensus Algorithm (RPCA) as its consensus mechanism. XLM, on the other hand, focuses on individuals and small businesses, has … Read more
INJ has surged by 3.86% in the last 24 hours. Despite the price rise, the market lacks strong bullish momentum implying a consolidation. As an experienced analyst, I have closely monitored the crypto market’s fluctuations, including Injective [INJ]’s recent surge despite a declining altcoin market cap. Based on the available data and trends, it appears … Read more
AVAX’s NVT ratio downtrend signals potential undervaluation, indicating bullish prospects. For a bullish reversal, AVAX needs to break above the Ichimoku cloud and see the MACD line cross above the signal line. As a researcher with experience in analyzing cryptocurrency markets, I find AVAX‘s recent trend intriguing. The downtrend in its NVT ratio is an … Read more
The weakening Yen may boost Bitcoin amid liquidity injections and currency devaluations. Despite bearish signals, Bitcoin edged up to $62K, with eyes on $64K resistance. As an experienced financial analyst, I believe that the weakening Japanese Yen could indeed be a significant catalyst for Bitcoin and the broader crypto market. The historic low of the … Read more