Memorial Day saw crypto thrive, with Bitcoin hitting $70K and Ethereum $4K. 2024 defied norms, showing increased crypto activity on Memorial Day. As an analyst with a background in financial markets and experience observing trends in both traditional stocks and cryptocurrencies, I find Memorial Day 2024 to be an intriguing anomaly. The thriving crypto market, … Read more
The XRP Ledger [XRPL] saw an uptick in network activity in Q1. This led to a growth in its quarterly revenue. As a researcher with a background in blockchain technology and market analysis, I find the recent trends observed on the XRP Ledger (XRPL) quite intriguing. The network’s Q1 performance was impressive, as evidenced by … Read more
Pepe has climbed closer to Polygon in terms of market capitalization. The memecoin saw more volume than MATIC. As a researcher with experience in the cryptocurrency market, I have closely observed the recent developments between Pepe (PEPE) and Polygon (MATIC) in terms of their market capitalization and trading activity. As a seasoned crypto investor, I … Read more
Mog Coin has rapidly made up for its two-month retracement phase and then some. A short-term consolidation before the next leg higher is likely. As a seasoned crypto investor with a few years of experience under my belt, I’ve seen my fair share of market volatility and price movements. Mog Coin’s [MOG] recent rally has … Read more
ETH’s Fund Market Premium has reached its highest level since November 2021. The coin’s value may witness a brief pullback once buyers’ exhaustion sets in. As a researcher with experience in cryptocurrency markets, I’ve closely observed Ethereum’s [ETH] recent price action and market indicators. The surge in Ethereum’s Fund Market Premium to its highest level … Read more
Mt. Gox transferred 42,830 BTC, valued around $2.9 billion, to new addresses on the 28th of May. Rising Bitcoin supply and potential large-scale sell-offs by Mt. Gox creditors could pressure prices. As an experienced analyst, I believe that Mt. Gox’s sudden re-emergence in the Bitcoin market, following its historic transfer of 42,830 BTC worth approximately … Read more