MATIC, LDO, and APE were struggling to hold up their past rally gains. Analyst believes “weaker” alts are losing to Bitcoin and stronger alts. As an experienced analyst, I have witnessed firsthand the ebb and flow of the cryptocurrency market. The recent trend has shown a clear bifurcation between strong performers and struggling altcoins, such … Read more
As an experienced analyst in the blockchain industry, I strongly condemn the actions of Jameson Lopp, who deliberately “griefed” Bitcoin’s testnet by generating a massive amount of blocks within a week. This reckless behavior disrupted the testing process for many open-source Bitcoin application developers, causing significant inconvenience and wasting their valuable time. A number of … Read more
As an analyst with experience in the financial industry, I believe that the exchange-traded fund issuers in Hong Kong are taking a calculated risk by not being overly concerned about the crypto crackdown in the United States and its potential impact on Ether (ETH) being classified as a security. While it is true that the … Read more
As a researcher with experience in the crypto space, I understand the excitement and anticipation that comes with potential airdrops from major protocols like Eigenlayer. However, I also recognize that such events can lead to disappointment and frustration for some users. As an analyst, I’ve noticed some strong reactions from users who felt excluded from … Read more
XRP saw a shift in the weighted sentiment that could help the bulls gain traction The asset was undervalued but organic demand and user activity were also in decline As a researcher with extensive experience in the cryptocurrency market, I have closely monitored XRP‘s recent price action and on-chain metrics. The shift in weighted sentiment … Read more
As a researcher with a background in finance and accounting, I find MicroStrategy’s Q1 2024 financial results intriguing, given the company’s significant investment in Bitcoin (BTC). The net loss of $53.1 million and digital asset impairment loss of $191.6 million can be attributed to the marked-to-market decline in the value of Bitcoin during the quarter. … Read more