Indicators suggested that SOL looks almost certain to hit $334 for a start. The token’s correlation with ETH was negative, but with BTC, it was strong. As a researcher with experience in cryptocurrency analysis, I believe Solana (SOL) is showing some interesting indicators that suggest potential price growth. However, the recent underperformance of SOL’s price … Read more
Biden’s veto of SAB 121 repeal reflects caution amid bipartisan support. Bitwise CEO sees Biden’s decision as aligned with sensible crypto development. As a researcher with a background in finance and experience following regulatory developments in the cryptocurrency space, I find President Biden’s decision to veto the repeal of SAB 121 an intriguing move. Despite … Read more
XRP has continued to trade below its 20-day exponential moving average. This suggests a decline in buying pressure. As a researcher with experience in cryptocurrency analysis, I believe that XRP‘s persistent trading below its 20-day exponential moving average and key technical indicators pointing towards declining demand suggest that the altcoin might continue its seven-day price … Read more
Shiba Inu’s price dropped by 2.5% in the last 24 hours. Most metrics and indicators looked bearish on SHIB. As a researcher with experience in analyzing cryptocurrency market trends and price movements, I’ve been closely monitoring Shiba Inu (SHIB) recently. Based on the data available, it appears that SHIB’s price has dropped by 2.5% in … Read more
Solana’s price is likely to reach $153 if the key support level is broken at around $159. Bearish momentum for Solana was confirmed by on-chain metrics and the technical indicators. As a researcher with experience in cryptocurrency analysis, I believe that Solana’s price is showing bearish signs despite the slight increase in value. Based on … Read more
Bitcoin’s hash rate showed resilience, while BTC struggled to cross the $70k mark. European regulatory response targets potential market abuse risks associated with MEV. As a researcher with a background in cryptocurrencies and blockchain technology, I find the recent developments in Bitcoin’s hash rate and European regulatory response to Maximum Extractable Value (MEV) quite intriguing. … Read more