GME led the Solana memecoins gainers chart. dogwifhat and Popcat were other assets that saw significant price increases. As a researcher with a background in cryptocurrency and blockchain technology, I find the recent surge in Solana memecoins fascinating. The impact of a single social media post by “Roaring Kitty,” the account of trader Keith Gill, … Read more
As an analyst with a background in financial markets and experience in following regulatory developments, I find the investment by Peter Thiel’s Founders Fund in Polymarket, a crypto-based prediction market platform for political events, intriguing. The successful $70 million fundraising effort, spearheaded by Founders Fund in the latest Series B round, marks the firm’s first … Read more
As a seasoned crypto investor, I’ve seen my fair share of market volatility, and the recent price action in Bitcoin (BTC) has been no exception. The flash crash to around $61,000 during May 14 was a stark reminder that even the most anticipated economic data releases can have an impact on our beloved digital asset. … Read more
As an analyst with a background in blockchain technology and regulatory compliance, I believe that zero-knowledge proofs (ZK-proofs) could serve as a valuable solution for both developers and regulators in the privacy-preserving cryptocurrency space. The recent crackdown on privacy-focused protocols like cryptocurrency mixers highlights the urgent need for a privacy-preserving yet legally compliant approach. As … Read more
Bitcoin’s Funding Rates on DyDx and Deribit have turned positive. The coin’s “flat” Open Interest signals that market participants are unsure of its short-term price direction. As an analyst with a background in financial markets and experience in crypto analysis, I believe that Bitcoin’s (BTC) recent surge in positive Funding Rates on exchanges like DyDx … Read more
As a seasoned crypto investor with years of experience under my belt, I’ve seen the trend of pre-launch token trading gain significant traction among investors. However, I must admit that this phenomenon comes with its own set of challenges and risks. Trading cryptocurrency tokens prior to their official launch has become increasingly popular amongst investors. … Read more