Tron saw a strong rebound as it broke above a crucial resistance level. However, the altcoin struggled to back its recent rally with high volumes. As an experienced analyst, I have closely monitored Tron’s (TRX) recent price action and observed its strong rebound above a crucial resistance level. However, I must note that the altcoin … Read more
Bitfarms mined 189 BTC in June. The mining firm now holds over 900 BTCs. As an experienced financial analyst, I’ve closely monitored the developments in the cryptocurrency mining sector, and the latest news from Bitfarms has piqued my interest. The company reported a significant increase in Bitcoin production for June, mining 189 BTC compared to … Read more
BEAM saw a 10.83% price rise and a 217.05% increase in trading volume. High concentration by large holders at 85% could impact BEAM’s market stability, reflecting significant control by a few entities. As a seasoned crypto investor, I’ve seen my fair share of price swings and market volatility. The recent surge in BEAM’s price and … Read more
Ethereum’s netflow from exchanges increased by over 6%. ETH has remained below its resistance level. As an experienced financial analyst, I’ve closely monitored Ethereum’s [ETH] recent trends and observed a significant increase in net outflows from exchanges, which accounted for over 6% month-over-month. This trend is noteworthy, as it indicates that investors are shifting their … Read more
WIF has led the memecoin chart in gains in the last seven days. In the last 24 hours, it was facing selling pressure. As a researcher with a background in cryptocurrency and memecoins, I’ve been closely monitoring the market trends over the past few weeks. The recent surge in popularity of animal-themed memecoins, particularly dog … Read more
Mt. Gox, the infamous bankrupt crypto exchange, is returning $9 billion worth of Bitcoin to creditors. Interest in Bitcoin ETFs also surged significantly over the last few days. As a seasoned crypto investor, I’ve seen my fair share of ups and downs in this volatile market. The news about Mt. Gox returning $9 billion worth … Read more