Negative sentiment in the market caused the increase in outflows from BTC and ETH. Projected distribution by a defunct exchanges puts the cryptos at risk of another decline As a researcher with experience in the cryptocurrency market, I’m concerned about the recent trend of outflows from Bitcoin and Ethereum. The negative sentiment in the market … Read more
In summary, Bitcoin ETFs are exchange-traded funds that provide investors with exposure to Bitcoin through passive investments. They are traded on regulated stock exchanges and offer several advantages such as accessibility, no need for storage, and potential risk diversification. However, they also come with some disadvantages like higher fees, lack of ownership, and potential tracking … Read more
Analyst warns that ETH could dump to $2.4K after ETF launch Another market observer blamed macro conditions, BTC and SOL, for ETH’s negative sentiment. As a seasoned crypto investor with a few years under my belt, I’ve learned that the market is always unpredictable, and analysts’ opinions can vary greatly. In this case, the warnings … Read more
SHIB risks dropping to $0.000014 as a lot of addresses keep selling some of their holdings. Activity on Shiba Inu dropped even as the network became overvalued. As an experienced analyst, I’ve closely monitored the Shiba Inu (SHIB) market and based on the latest on-chain data, I have concerns about its near-term price performance. The … Read more
Strike CEO projected that BTC could hit $1M amidst a possible bonds market bailout. However, BTC suffered short-term ell pressure from Germany as Mt Gox plans to dump $9B. As an analyst with a background in financial markets and a keen interest in digital currencies, I find the current state of Bitcoin intriguing. The contrast … Read more
TON has declined in the last 24 hours. Metrics showed that more sellers were active compared to buyers. As a researcher with extensive experience in cryptocurrency markets, I find the recent trends in Toncoin (TON) intriguing. The 24-hour trading data shows that Toncoin experienced a substantial spike in volume, with a significant increase of over … Read more