In summary, most major cryptocurrencies are showing bearish signs as they continue to trade below their respective moving averages. Bitcoin is currently facing resistance at $50,000 and could see further selling if it breaks below $49,500. Ethereum has been trading range-bound between $3,200 and $3,600 for the past few days, but a break below $3,200 … Read more
DOGE recorded double-digit losses amidst the broader market bloodbath. Whales were seen accumulating DOGE at a discount. As a seasoned crypto investor with a few battle scars from the market’s volatility, I’ve seen my fair share of ups and downs in DOGE‘s price action. The recent market-wide selloff was no exception for the memecoin, with … Read more
ADA’s price may breach support and chase new lows. ARB may witness further decline as the demand for the altcoin continues to drop. As a seasoned crypto investor with a keen eye for market trends and on-chain data, I’ve closely monitored the performance of Cardano (ADA) and Arbitrum (ARB). Based on recent developments and technical … Read more
Runes on Bitcoin’s blockchain can save traders from massive losses in the coming months. Staking on the Ethereum blockchain is on the rise, raising concerns about its future as “money.” As a researcher with a background in cryptocurrencies and blockchain technology, I have closely followed the market trends and developments throughout April 2024. Based on … Read more
As a researcher with extensive experience in cryptocurrency markets, I believe that Bitcoin’s current correction is in line with previous bull market corrections but could potentially deepen and push the price down to the $50,000 mark in the near term. The depth of this correction is already greater than any previous retracement during this cycle, … Read more
CZ is ready to do his time and move on to the next phase of life. Market watchers view Binance founder’s sentence as a “great deal.” As a researcher with a background in finance and experience following the crypto market closely, I believe that Changpeng Zhao’s (CZ) four-month sentence is indeed a great deal under … Read more