Stablecoins outperformed the overall market in April and posted a 4.7% growth. USDT, FDUSD, and Ethena’s USDe shined, but USDC stalled. As a researcher with extensive experience in the cryptocurrency market, I’m particularly intrigued by the recent surge of stablecoins in April. Despite the overall market retracement due to inflation data and geopolitical tensions, stablecoins … Read more
As an analyst with a background in finance and experience living through the 2008 financial crisis, I find the collapse of Republic First Bank a concerning development. The banking industry has had a rough year, with several high-profile failures, including Signature Bank and Silicon Valley Bank. These events have sparked fear among investors, causing slight … Read more
The ongoing rally might have been spurred by a massive token burn program. Most discussions around the meme coin on social media were positive. As a researcher with experience in the cryptocurrency market, I’ve observed that the recent surge in BONK‘s price could be attributed to the massive token burn program proposed by the BONK … Read more
WIF’s value has grown by over 10% in the last week. However, according to readings from some key technical indicators, it may be due for a decline. As a researcher with experience in analyzing cryptocurrency markets, I’ve noticed that WIF‘s price has experienced significant growth over the last week, with an increase of over 10%. … Read more
Nearly all ADA transactions were realized losses since 22nd April. Entries for the cryptocurrencies stood between $0.40 and $0.44. As a researcher with experience in analyzing cryptocurrency markets, I’ve been closely monitoring Cardano (ADA) and its performance over the past few weeks. Based on the data I’ve gathered, it appears that nearly all ADA transactions … Read more
As a researcher with experience in the NFT and blockchain industry, I’ve been following Yuga Labs closely and have observed their evolution over the past few months. The recent announcement by CEO Greg Solano regarding layoffs and reorganization came as a shock to many, including me. According to a statement made by Yuga Labs CEO … Read more