Litecoin’s price dropped by 18% in the last 30 days. A few metrics hinted at a trend reversal. As a seasoned crypto investor, I’ve seen my fair share of market volatility and price swings. Litecoin [LTC], one of my favorite altcoins, took a hit last month as its price dropped by 18% in just 30 … Read more
Metrics suggested that Ethereum was undervalued. Market indicators gave ambiguous signals regarding an upcoming bull rally. As an experienced analyst, I’ve closely watched Ethereum’s price action and studied its metrics carefully. The metrics suggested that Ethereum was undervalued based on its Network To Value (NVT) ratio, which had taken a downtick after a sharp increase. … Read more
As an experienced analyst, I believe that Bitcoin Runes and BRC-20 tokens represent an important step forward in the evolution of decentralized finance (DeFi) on the Bitcoin network. However, I also think that they may only be a temporary solution, as the decentralized nature of Bitcoin makes it challenging to establish a clear standard. As … Read more
As a researcher with a background in technology and privacy, I’ve been closely following the rise of cryptocurrencies over the past few years. And I must admit, the security applications of this digital currency have truly piqued my interest. As a cryptocurrency investor, I can tell you that the value of this digital asset class … Read more
As a researcher with experience in the crypto and blockchain space, I find Hermetica’s announcement of the first-ever Bitcoin-backed synthetic United States dollar with yield-generating capabilities to be an intriguing development in the world of decentralized finance (DeFi) on Bitcoin. The potential for Bitcoiners to hold and earn yields on their U.S. dollars without relying … Read more
As a researcher with extensive experience in the crypto market, I’m bullish on Cardano (ADA) following its notable rise to $0.476 this week. The upward trend in ADA is in line with broader positive sentiment towards cryptocurrencies, as Bitcoin (BTC) and Ether (ETH) also experienced gains of approximately 2.5% and 2.70%, respectively. At the beginning … Read more