As an experienced on-chain analyst, I’ve closely monitored Bitcoin’s price movements and trends for quite some time. The recent dip below the average purchase price paid by short-term holders has understandably sparked anxiety among this group of investors, as they now face unrealized losses. According to on-chain analysis, the current Bitcoin (BTC) market price is … Read more
Despite recent price troubles, the BTC market remained euphoric. Readings from the coin’s MVRV ratio and Realized Loss metrics suggested that a local bottom may soon be discovered. As an experienced analyst, I believe that the recent correction in Bitcoin’s price has caused some uncertainty among investors, but the market’s euphoric phase may not yet … Read more
As a seasoned crypto investor with a keen interest in decentralized technologies and their potential real-world applications, I find MicroStrategy’s latest announcement of MicroStrategy Orange particularly intriguing. MicroStrategy, being the largest corporate holder of Bitcoin, has always been at the forefront of exploring ways to leverage the power of this digital asset beyond just financial … Read more
As a researcher with a background in financial compliance and investigative journalism, I find the ongoing probe into Jack Dorsey’s fintech company Block, Inc. by US federal prosecutors particularly concerning. The allegations of widespread compliance violations at Square and Cash App, as reported by NBC News, are serious and could have significant implications for the … Read more
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