Data suggest that stablecoin adoption has risen exponentially in the past four years. Circle CEO predicts stablecoins will become widely recognized as legal electronic money globally by 2025. As an experienced financial analyst, I’m excited about the growing trend and impact of stablecoins within the cryptocurrency market. The data we see from Circle CEO Jeremy … Read more
BNB’s price trended within a range at press time. Its momentum indicators signaled a decline in demand for the altcoin. As a researcher with extensive experience in analyzing cryptocurrency markets, I believe that Binance Coin (BNB) is currently experiencing bearish pressure. The altcoin’s price has trended within a narrow range since falling below its breakout … Read more
DOGE and SHIB’s prices dropped by over 13% and 14%, respectively. Market indicators suggested that SHIB and DOGE bulls might takeover. As an experienced analyst, I’ve seen my fair share of market fluctuations in the crypto world. The recent double-digit price drops of Dogecoin (DOGE) and Shiba Inu (SHIB) are concerning, but I believe it’s … Read more
Binance Labs leads the second funding round for the Rango Exchange. Binance Labs executive viewed Range Exchange as a disruptor in the DeFi space. As a seasoned crypto investor with a keen interest in DeFi projects, I find Binance Labs’ investment in Rango Exchange an exciting development. The potential for cross-chain aggregation and interoperability is … Read more
There is a hike in the demand for ADA short positions. This is due to the steady decline in the coin’s value. As an experienced analyst, I’m closely monitoring the Cardano (ADA) market and notice a significant increase in demand for ADA short positions. This trend is due to the steady decline in the coin’s … Read more
ENS was one of the monthly best performers despite broader sell-offs in the market. However, ENS hit a key 2024 supply zone that could damp further bullish swings. As an analyst with a background in traditional financial markets and experience in the crypto space, I find the recent performance of Ethereum Name Service (ENS) particularly … Read more