Shiba Inu continued to trend downward, losing a key support zone in the process The selling volume has been muted, giving bulls some hope of a recovery later on As a researcher with a background in cryptocurrencies and experience in analyzing market trends, I’ve been closely monitoring the recent developments in the Shiba Inu [SHIB] … Read more
As a seasoned crypto investor with a deep understanding of the market dynamics, I find Riot Platforms’ Q1 2024 financial results both impressive and concerning in equal measure. The record-breaking net income of $211.8 million, a 1,000% increase from the same period last year, is certainly an encouraging sign for Bitcoin miners like Riot. However, … Read more
After Sam Bankman-Fried and Changpeng Zhao, Roger Ver is under the radar of the U.S. government. Diverse reactions within the crypto community highlight industry complexities amid legal actions. As a researcher with a background in the crypto industry, I’ve been closely following the developments surrounding Roger Ver’s arrest and the subsequent reactions from various stakeholders … Read more
BNB tumbled over 6% in the 24-hour period owing to broader market bloodbath. The positive commentary around the coin increased dramatically in the last 24–48 hours. As a researcher with extensive experience in the cryptocurrency market, I believe that Binance Coin [BNB] faced significant losses in the recent 24-hour period due to the broader market … Read more
As a researcher with a background in finance and experience following the cryptocurrency industry, I believe that Oregon’s decision to revoke Binance.US’ license is a necessary step in light of the exchange’s troubled past. The guilty plea by former Binance CEO Changpeng Zhao for violating Anti-Money Laundering laws has raised significant red flags, and it … Read more
As a seasoned crypto investor with a keen interest in on-chain data and market trends, I’ve closely followed the recent Bitcoin (BTC) price drop of 5.42% over the last 24 hours to hit a new multi-week low at $57,151 on May 1. The reasons behind this decline are multifaceted, with a slowdown in demand growth … Read more