As an experienced analyst, I have closely followed the developments surrounding the application of various entities to launch a spot Ether Exchange-Traded Fund (ETF) in the United States. The latest news that the Securities and Exchange Commission (SEC) has delayed its decision on Galaxy Invesco’s application is not surprising given the trend we’ve seen over … Read more
New transactions have dropped on the Shibarium. SHIB has declined by close to 3% in the last 48 hours. As a researcher with experience in the cryptocurrency market, I’ve been closely monitoring the developments surrounding Shiba Inu (SHIB) and its Layer 2 solution, Shibarium. Recently, there have been some notable changes that have piqued my … Read more
Bearish sentiment around FLOKI was dominant in the market. Indicators hinted at a trend reversal soon. As a crypto investor with some experience in the market, I’m keeping a close eye on Floki Inu (FLOKI). The dominant bearish sentiment around the meme coin was disrupted when it broke above a bullish flag pattern last week, … Read more
The worth of Bitcoin held by the company jumped to $573 million from $220 million. Dorsey opined that BTC was not a speculative asset like other cryptos, hence the decision to stick to it. As a researcher with a background in finance and technology, I find Block’s decision to increase its Bitcoin investment fascinating. With … Read more
As an experienced analyst, I believe that the recent underperformance of memecoins like Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) is a result of several interconnected factors. Firstly, the overall altcoin market structure has weakened in recent weeks, with TOTAL3 experiencing a significant pullback after a rally that began in October 2023. This correction … Read more
As a seasoned crypto investor with a keen interest in central banking and financial technologies, I find Joachim Nagel’s remarks at the Innovation Summit particularly intriguing. His admission of uncertainty regarding the future of central banks is a refreshing perspective that resonates with my own observations of the rapidly evolving landscape. According to Joachim Nagel, … Read more