Bitcoin’s recent recovery hits $64,000, raising market optimism. Technical indicators like the Ichimoku Cloud suggest bearish market As a crypto investor with some experience under my belt, I’m keeping a close eye on Bitcoin’s recent recovery to $64,000. While the optimism surrounding this milestone is understandable, I remain cautious due to underlying concerns that could … Read more
As a crypto investor with some experience under my belt, I’m excited about Marathon Digital joining the S&P SmallCap 600 index fund. This confirmation of Marathon’s addition has caused a significant rally in its shares, with an impressive 18% increase on May 6 alone. As a researcher studying the cryptocurrency market, I came across an … Read more
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