Polkadot spends $87M in H1 2024: ‘Treasury deep in the negative’

Polkadot spent $87 million worth of DOT in H1 2024, raising sustainability concerns. DOT’s price fell by 2.90%, with the RSI below the neutral level, indicating ongoing bearish sentiment. As an analyst with a background in financial analysis and blockchain technology, I find the recent developments surrounding Polkadot [DOT] concerning. The news of $87 million … Read more

Bitcoin’s fall to $60K will not stop BTC from skyrocketing to $90K: Analyst

An analyst predicted a notable rise in Bitcoin’s price. Recent market indicators suggested an impending bullish surge. As an experienced analyst, I have closely monitored the crypto market and have paid particular attention to Bitcoin’s [BTC] price trends. While recent market indicators suggested a notable downtrend, I remain optimistic about a potential bullish surge in … Read more

Terra Classic delegates 30M LUNC: Will this help sentiments?

Terra Classic Foundation delegated 30M LUNC to hexxagon.io. Despite the impressive amount delegated, LUNC remained bearish. As a crypto investor with some experience in the Terra Classic ecosystem, I’m closely monitoring the recent developments regarding the Terra Classic Foundation’s delegation of 30 million LUNC tokens to Hexxagon.io. While the amount delegated is impressive and demonstrates … Read more

Notcoin buyers, is THIS the perfect time to go long?

Notcoin bears dominated the market as the altcoin fell below its 20 and 50 EMA on its 4-hour chart. The altcoin’s Open Interest and long/short ratio reaffirmed bearish sentiment. As a seasoned crypto investor with several years of experience under my belt, I’ve seen the market ebb and flow through numerous bull and bear cycles. … Read more