As a researcher with a background in finance and securities law, I find the recent developments surrounding the SEC’s potential labeling of Ether (ETH) as a security rather intriguing. The details unearthed from BlackRock’s March filing with the SEC suggest that the regulator may indeed be reconsidering its stance on ETH’s status. Experts have uncovered … Read more
The price action and market structure of PEPE were strongly bullish even on the 1-day timeframe. The futures market highlighted bullish sentiment in the short term, which could lead to sustained gains. As an experienced market analyst, I’ve closely monitored PEPE‘s price action and market structure, and I’m bullish on this meme coin’s prospects. The … Read more
As a researcher with experience in blockchain security, I find the recent incident involving the Alex protocol bridge on the BNB network deeply concerning. According to reports, suspicious withdrawals totaling $4.3 million occurred just after the contract was suddenly upgraded by the protocol’s deployer account. As a crypto investor, I closely monitor reports from reliable … Read more
As an experienced analyst, I have closely monitored the recent price action of Bitcoin (BTC). Although the correction on May 14 marked a second failed attempt within a week to surpass $63,500 and resulted in a 3.3% drop, bulls remain optimistic based on derivatives metrics. The $60,500 support level held strong, but a higher high … Read more
As a researcher with a background in finance and experience following the cryptocurrency industry, I am thrilled to see Galaxy Digital’s impressive first-quarter results for 2024. The company’s net income of $422 million represents a substantial increase of 40% compared to the previous quarter. This growth was driven by record earnings in mining and management … Read more
The number of ADA whales that hold between 100 million and 1 billion coins has increased in the last month. However, ADA’s price remains plagued by bearish sentiments. As an experienced analyst, I’ve closely monitored Cardano (ADA) and its whale activity with great interest. The surge in the number of large ADA investors holding between … Read more