WIF could not find the buyers it needed to break out past the six-week range. More losses could follow due to weak demand. As a seasoned crypto investor with a few battle scars from past market downturns, I’ve learned to remain patient and cautious during periods of market uncertainty. WIF‘s inability to break out of … Read more
It’s been a week since we last delved into the newest developments in the crypto sector, examining their potential impacts on the crypto world’s progression and key figures. This past week, we delved into discussions about Ripple‘s ongoing battle with the SEC, Binance‘s developments, Nigeria’s role in crypto, among other topics. Moving forward, join us … Read more
ETH ETF approval odds jumped from 25% to 75% after the recent SEC update. The market rallied, but 100% ETF approval is not guaranteed unless S-1s are approved, too. As a researcher with experience in the crypto market, I believe that the recent update from the US Securities and Exchange Commission (SEC) on Ethereum [ETH] … Read more
Bitcoin’s short-term holders now hold their coins at a profit. BTC’s future open interest has risen to a two-month high. As an experienced analyst, I believe that Bitcoin’s (BTC) recent price rally is supported by the fact that short-term holders are now holding their coins at a profit. The Spent Output Profit Ratio (SOPR) for … Read more
CREAM’s trading volume surged by 378.65% in 24 hours and drove the price near $75. Almost all the holders of the crypto are whales but Cream Finance’s TVL has been underwhelming. As an analyst with experience in the cryptocurrency market, I’ve been closely monitoring the recent developments surrounding Cream Finance (CREAM) and its price surge. … Read more
Even as LTC makes no appearance in a lot of portfolios, data shows that it is more stable than BTC and ETH. Both the RSI and MACD are showing clear bull signals. As a long-term crypto investor with a keen interest in altcoins, I’ve been closely watching Litecoin (LTC) for quite some time now. Despite … Read more