As a researcher with a background in blockchain technology and digital currencies, I find the recent surge in Bitcoin transactions, particularly those involving Bitcoin Runes, an intriguing development. The data from various sources, such as Blockchain.com, Glassnode, Dune Analytics, and CryptoMoon, reveal an interesting correlation between the introduction of Bitcoin Runes and the spike in … Read more
Analyst claims ETH will eclipse BTC in crypto summer. The US liquidity injection could boost the market in the second half 2024. As an experienced financial analyst, I believe that Ethereum [ETH] has a strong chance of surpassing Bitcoin [BTC] in terms of market dominance during the upcoming crypto summer season. This projection is based … Read more
As a researcher with a background in finance and experience following the Chinese market, I believe that the launch of crypto exchange-traded funds (ETFs) in Hong Kong marks an important milestone for Chinese investors seeking alternative investment opportunities. The ban on crypto trading in mainland China has left many RMB holders looking for ways to … Read more
As a researcher with a background in social media and user experience design, I find the potential removal of likes and reposts from the timeline on X an intriguing development. Ellis Driscoll’s comments provide some insight into this change but leave many questions unanswered. A software engineer at social media platform X has hinted that … Read more
Bitcoin dominance and a technical indicator suggested it might be time for swing traders to look at altcoins. Relative strength against BTC is an important factor alongside long-term support zones to gauge underperforming altcoins. As a researcher with a background in cryptocurrencies, I have observed the recent trends in Bitcoin (BTC) dominance and the altcoin … Read more
As a seasoned crypto investor with years of experience under my belt, I can’t help but feel frustrated and disappointed upon learning about the latest Solana-based memecoin scam, BONKKILLER. The audacity of this honeypot scam artist to claim a market cap of $328 trillion, which is over three times the entire global domestic gross product, … Read more