Whales accumulated large amounts of GME and KITTY after Roaring Kitty’s announcements. Activity on the Solana network surged while revenue generated declined. As an experienced financial analyst, I find the recent developments in the digital asset market intriguing. The sudden surge in GameStop stock and related meme tokens, such as GME on Solana and AMC, … Read more
Gensler’s remarks on Ethereum ETFs evoke speculation on SEC’s review pace. SEC’s approval of ETH ETF listing requests hints at an evolving stance. As an experienced analyst, I believe the recent comments from SEC Chair Gary Gensler indicate a potential shift in the regulatory body’s stance towards Ethereum [ETH] Exchange-Traded Funds (ETFs). While his statements … Read more
Hayes tips a BTC break out as central banks start cutting interest rates. However, the Fed’s meeting on 12th June could help define the next BTC price direction. As a crypto investor with some experience in the market, I’m excited about the recent developments that could potentially lead to a Bitcoin breakout. Arthur Hayes, the … Read more
This text discusses Decentralized Physical Infrastructure Networks (DePIN), which are networks that leverage blockchain technology and decentralization to improve physical infrastructure systems such as energy grids, water supply, transportation networks, and more. DePINs offer several benefits, including increased efficiency, transparency, and security, as well as the potential for new opportunities for entrepreneurs and investors. The … Read more
LINK is the third cryptocurrency with the highest supply in profit. In the last week, more LINK transactions have ended in profit than loss. As a researcher with experience in analyzing cryptocurrency market trends, I find the current state of Chainlink (LINK) quite intriguing. Based on recent data from Santiment and other reputable sources, LINK … Read more
Jasmycoin has a strongly bullish outlook based on the on-chain metrics. The Fibonacci extension levels showed the token could rally another 60%. As an experienced financial analyst, I’ve closely observed Jasmycoin’s [JASMY] market behavior over the past few days. Based on the on-chain metrics and historical trends, I believe that JASMY has a strongly bullish … Read more