As an experienced analyst, I have closely monitored the recent price action of Bitcoin (BTC). Although the correction on May 14 marked a second failed attempt within a week to surpass $63,500 and resulted in a 3.3% drop, bulls remain optimistic based on derivatives metrics. The $60,500 support level held strong, but a higher high … Read more
As a researcher with a background in finance and experience following the cryptocurrency industry, I am thrilled to see Galaxy Digital’s impressive first-quarter results for 2024. The company’s net income of $422 million represents a substantial increase of 40% compared to the previous quarter. This growth was driven by record earnings in mining and management … Read more
The number of ADA whales that hold between 100 million and 1 billion coins has increased in the last month. However, ADA’s price remains plagued by bearish sentiments. As an experienced analyst, I’ve closely monitored Cardano (ADA) and its whale activity with great interest. The surge in the number of large ADA investors holding between … Read more
As a researcher with experience in the financial industry, I find the recent disclosures by the State of Wisconsin Investment Board (SWIB) about their investments in Bitcoin exchange-traded funds (ETFs) offered by Grayscale and BlackRock to be an intriguing development. The fact that a large institutional investor like SWIB has taken a position in these … Read more
As a crypto investor with a background in fintech and a strong interest in decentralized finance (DeFi), I’m excited about this collaboration between Israeli fintech Kima and Mastercard’s FinSec Innovation Lab. The prospect of creating a ‘DeFi credit card’ is intriguing, as it could potentially make DeFi more accessible to a wider audience by bridging … Read more
As a crypto investor with experience in law, I find the new seizure regime for cryptocurrencies in the United Kingdom to be a significant step backwards for individual civil liberties. The ability of authorities to seize crypto assets without an arrest or charge is a contentious issue that has long been debated in the UK. … Read more