As an experienced analyst in the cryptocurrency industry, I’ve witnessed firsthand the power of political sentiment and social media trends in driving market momentum. The surge in Trump-themed memecoin MAGA (TRUMP) following Donald Trump’s recent comments on cryptocurrencies is a perfect example of this dynamic at play. On May 9, the price of MAGA (TRUMP), … Read more
BONK has slim chances of a short-term bounce. The technical and social indicators were not favorable to the buyers. As a seasoned crypto investor with a keen eye for market trends and technical analysis, I believe that BONK has slim chances of a short-term bounce. The technical and social indicators were not favorable to the … Read more
It seems that two security vulnerabilities were discovered by a team called Zellic in various forks of the Gains Network protocol. The first vulnerability allowed an attacker to bypass a check that prevented opening trades at extremely high prices, potentially leading to significant profits for the attacker. This vulnerability was found in a specific fork … Read more
As a seasoned financial analyst with extensive experience in cryptocurrency markets, I have closely monitored Bitcoin’s (BTC) price action and derivatives markets. Based on my analysis of the upcoming May 10 $1.35 billion BTC options expiry, I don’t believe that bears have set a trap or anticipated Bitcoin’s recent downtrend. As a researcher studying Bitcoin’s … Read more
As a researcher with experience in securities regulation, I find Troy Paredes’ remarks at the TokenizeThis 2024 conference thought-provoking. His concerns about the SEC’s expansive view of what constitutes a security under the Howey test resonate with me. During his tenure as a commissioner at the U.S. Securities and Exchange Commission (SEC) from 2008 to … Read more
As an analyst with extensive experience in the crypto industry, I find Digital Currency Group’s (DCG) Q1 2024 financial results impressive. The surge in revenue, driven by the recovery of crypto markets, is a positive sign for the sector as a whole. Grayscale’s resilience despite significant outflows from its Bitcoin fund is noteworthy, especially given … Read more