ETH’s Fund Market Premium has reached its highest level since November 2021. The coin’s value may witness a brief pullback once buyers’ exhaustion sets in. As a researcher with experience in cryptocurrency markets, I’ve closely observed Ethereum’s [ETH] recent price action and market indicators. The surge in Ethereum’s Fund Market Premium to its highest level … Read more
Mt. Gox transferred 42,830 BTC, valued around $2.9 billion, to new addresses on the 28th of May. Rising Bitcoin supply and potential large-scale sell-offs by Mt. Gox creditors could pressure prices. As an experienced analyst, I believe that Mt. Gox’s sudden re-emergence in the Bitcoin market, following its historic transfer of 42,830 BTC worth approximately … Read more
Bitcoin dominance has remained above 50%. The altcoin season has yet to kickstart despite recent moves in the market. As an experienced analyst, I’ve closely monitored the cryptocurrency market trends for quite some time. Bitcoin’s impressive price gains since the beginning of the year and Ethereum’s recent upward movements have raised questions about the potential … Read more
A recent proposal voted for a massive fee design change for validators. Validators are now to get 100% of priority fees on Solana. As an experienced financial analyst, I closely follow the developments on various blockchain networks, including Solana (SOL). The recent proposal, SIMD-0096, which passed with a 77% majority, mandates that validators will now … Read more
LINK’s market cap outpaced the volume, suggesting that the network was overvalued. The difference in XRP’s exchange inflow and outflow indicated that the price might climb. As a researcher with experience in cryptocurrency analysis, I find it intriguing how the behavior of whale accumulation and exchange flow can significantly impact the price action of different … Read more
SOL has witnessed a drop in buying momentum in the past few days. This signals the re-emergence of SOL bears. As an experienced analyst, I’ve been closely monitoring the Solana (SOL) market and I have to admit, recent price developments are concerning. The buying momentum that had propelled SOL above its 20-day exponential moving average … Read more