Will Solana hit $160 in July? Some interesting patterns emerge

Solana was at the strong support level of $124 at press time. Trading volume surged by 36% signaling investors’ and traders’ participation. As a researcher with experience in cryptocurrency markets, I’ve been closely monitoring Solana (SOL) amidst the recent market downturn. The selling pressure weighed heavily on most cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin, … Read more

Why Charles Hoskinson believes Cardano isn’t ‘dead’ despite ADA’s price fall

Cardano Cofounder Charles Hoskinson defended ADA against its “dead” tag. Despite the support, ADA continued to decline and bearish market sentiments persisted. As an experienced analyst, I believe that while Charles Hoskinson’s defense of ADA against the “dead” tag from Ben Armstrong is understandable and passionate, the price charts present a clear bearish trend for … Read more

BTC Fear and Greed Index at 29: How long will Bitcoin traders remain ‘fearful’?

Analysis showed that fear has gripped the Bitcoin market. BTC continued to break critical support levels. As a researcher, I have closely monitored the Bitcoin market’s recent trends and sentiment. The analysis shows that fear has indeed gripped the market, with the BTC price experiencing consecutive daily declines exceeding 5%, resulting in substantial liquidation volumes. … Read more

Efforts to ‘debank’ crypto in full swing? Here’s what’s going on

Former Solicitor General Donald B. Verrilli criticizes regulators for targeting crypto with debanking efforts. Bipartisan support for crypto regulation is seen ahead of the 2024 U.S. presidential election. As a researcher with a background in finance and law, I find the current state of crypto regulation in the United States intriguing. With former Solicitor Generals … Read more