ShibaSwap’s 24-hour trading volume more than doubled. Ecosystem tokens like SHIB and BONE saw impressive spikes in the last 24 hours. As an experienced analyst, I’m excited about the recent developments in the Shiba Inu ecosystem. The integration of ShibaSwap onto the layer-2 blockchain Shibarium is a significant milestone that could propel the DEX to … Read more
ETH briefly broke support and traded at a low of $2852 on the 1st of May. Its Futures Open Interest declined considerably since the 10th of April. As an experienced financial analyst, I believe that Ethereum’s [ETH] recent price action is a clear sign of bearish sentiment in the market. The fact that ETH briefly … Read more
Bitcoin has dropped below the $60,000 price range. More long positions have been liquidated in the last 48 hours. As a crypto investor with some experience under my belt, I’ve seen my fair share of market volatility. And the recent downturn in Bitcoin’s [BTC] price has left me feeling uneasy, to say the least. With … Read more
As a seasoned crypto investor with a keen interest in the latest developments within the industry, I find Jack Dorsey’s announcement that Block, Inc. will invest 10% of its gross profit from Bitcoin products into buying more Bitcoin an encouraging sign. Dorsey’s belief in the potential of Bitcoin as an open protocol for money aligns … Read more
MakerDAO’s market cap and revenue grew significantly over the past year. Price of MKR surged, despite declining network growth. As an analyst with a background in crypto markets and DeFi, I’ve been closely following the developments at MakerDAO (MKR) over the past year. And based on my analysis of the available data, I believe that … Read more
As a researcher with a background in finance and experience in following the crypto market, I find Coinbase’s Q1 2024 earnings report to be incredibly impressive. The exchange’s strong rebound is a testament to the resilience of the crypto industry and the impact of Bitcoin ETFs on market performance. In the initial three months of … Read more