Prudent Bitcoin traders might want to stay sidelined instead of bidding. A drop below the local low could send prices careening lower by close to 15%. As an experienced analyst, I believe that caution is warranted for Bitcoin traders at this point in time. The recent price drop of around 7.5% from the local high … Read more
As an experienced analyst, I’m closely monitoring the recent developments in the cryptocurrency market and the significant decline in open interest (OI) for major coins like XRP, Solana, and Dogecoin over the past month. This trend is a clear reflection of waning market sentiment and decreased trader confidence. As a researcher studying the cryptocurrency market, … Read more
As a researcher with a background in law and experience in the crypto industry, I believe that Changpeng “CZ” Zhao’s prison sentence for money laundering serves as a clear message to the entire crypto industry. The judge’s emphasis on general deterrence sends a strong signal that compliance with Anti-Money Laundering (AML) regulations is non-negotiable. According … Read more
Hong Kong ETF debut led to a record $12.4M in daily trading volume. Hong Kong Bitcoin ETFs’ $141M inflows will taper off US negative flows — Analyst. As a researcher with experience in the financial industry and a particular interest in cryptocurrencies, I find the recent performance of Hong Kong’s Bitcoin and Ethereum ETFs truly … Read more
As an experienced cryptography analyst, I am intrigued by Vitalik Buterin’s latest proposal for a new system called Binius. This innovative approach to cryptographic proof systems has the potential to deliver substantial improvements in efficiency, particularly when it comes to handling small values and bit-level operations. As a cryptanalysis expert, I’d like to share some … Read more
Exchange data suggested that SHIB’s price might rise to $0.000026 in a few weeks. The low NVT ratio indicated that the token remained undervalued. As an experienced analyst, I believe that the current data and trends suggest a promising outlook for Shiba Inu (SHIB) in the coming weeks. The decrease in SHIB tokens on exchanges, … Read more