As a seasoned crypto investor with several years of experience under my belt, I find the recent emergence of a “bullish hammer” candle on Bitcoin’s weekly price chart intriguing. The bullish hammer is a bullish reversal pattern that occurs when there is a small body above a thin long line, referred to as a “wick.” … Read more
As a researcher with a background in financial markets and stablecoins, I find Deutsche Bank’s report on the potential failure of most dollar-pegged stablecoins, including Tether (USDT), to be intriguing but also somewhat misleading. The report relies heavily on historical data of fixed currencies and draws parallels between them and stablecoins, which I believe is … Read more
As a researcher with experience in the Bitcoin mining industry, I find Marathon Digital’s Q1 2024 results intriguing. The company’s revenues increased by 223% year-on-year, but it missed analyst estimates due to unexpected equipment failures and weather-related curtailments. As a researcher studying the financial performance of Bitcoin (BTC) mining companies, I came across Marathon Digital’s … Read more
Solana did not see heightened buying pressure during its month-long range consolidation. The rejection at $160 underlined how crucial that resistance level has been in recent weeks. As a seasoned crypto investor with a few battle scars from past market swings, I’ve learned to read between the lines of price charts and on-chain data. Solana … Read more
After a rise in April, Polkadot’s network activity started to decline in May. Most market indicators looked bearish on DOT. As a seasoned crypto investor, I’ve seen my fair share of market ups and downs. April was a rollercoaster ride for Polkadot [DOT], with its price taking a significant hit, causing concern among investors. The … Read more
As a crypto investor with a background in finance and a keen interest in the Ethereum layer 2 sector, I find Franklin Templeton’s recent report on Base and SocialFi apps quite intriguing. The data presented in the report suggests that Base is leading the way in this vertical, capturing nearly half of all transactions related … Read more