Exploring how Bitcoin’s price can benefit from the macro trends in 2024

Bitcoin’s price now has a strong correlation to macro events, including Fed rate decisions  Analysts expect a range breakout, but they disagree on when it might happen As an experienced financial analyst, I believe that Bitcoin’s price behavior is increasingly influenced by macroeconomic events, particularly those impacting liquidity, such as Fed rate decisions. The recent … Read more

Binance develops ‘antidote’ to address poisoning scams after $68M exploit

As a researcher with experience in the cryptocurrency industry, I’m relieved to learn that Binance’s security team has developed an algorithm to detect and prevent address poisoning scams. This is a significant concern for the crypto community as these types of scams can easily trick investors into sending funds to fraudulent addresses. Binance‘s security team … Read more

ShibaSwap rolls out major upgrade, moves to Shibarium

As a seasoned crypto investor with a deep interest in the Shiba Inu ecosystem, I’m genuinely excited about the recent upgrade of ShibaSwap from Ethereum to the Shibarium blockchain. The new features and utilities mentioned in the press release, such as an improved user experience, discovery charts for new and trending tokens, and a new … Read more

BOME’s 21% hike means THIS is next for the memecoin now

BOME’s price has risen by double digits in the last 24 hours Last few weeks have seen it consolidate within a horizontal channel too As an experienced analyst, I believe that BOME‘s recent price surge is a result of the broader trend in the memecoin market. However, it’s important to note that this token has … Read more

Chinese police bust $1.9B USDT underground banking racket

As a long-time crypto investor with experience living in and observing the Chinese market, I find the latest news about the $1.9 billion underground Tether (USDT) banking racket quite intriguing. The Chinese authorities’ crackdown on these operations comes as no surprise given China’s comprehensive prohibition on crypto-related activities. Authorities in China have discovered a hidden … Read more

The Importance of Understanding the Crypto World Before Investing

As a researcher and writer in the field of cryptocurrencies, I strongly believe that taking a calculated approach is crucial when investing in this market. The crypto landscape is dynamic and complex, with new assets and trends emerging constantly. Therefore, it’s essential to stay informed and make educated decisions based on thorough research. In contemporary … Read more