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
Cardano flipped the HTF structure bearishly. The CMF indicator showed that buyers might be able to force a recovery. As an analyst with extensive experience in cryptocurrency market analysis, I believe that Cardano (ADA) is currently trading within a bearish market structure. The repeated closes below the range low at $0.447 are a clear sign … Read more
As a researcher with a background in securities law and experience following cases involving cryptocurrencies, I find Terraform Labs’ (TFL) argument against the Securities and Exchange Commission’s (SEC) proposed remedies intriguing. Based on the information provided in this article, it appears that TFL is challenging the SEC’s request for $5.3 billion in disgorgement, interest, and … Read more