As an analyst with a background in technology and finance, I believe that NFTs have shown great promise but have faced significant challenges during the crypto market downturn. Instead of dismissing failed projects as scams, it’s essential to understand what features were necessary for success. In 2019, nonfungible tokens (NFTs) gained significant popularity, only to … Read more
As a seasoned crypto investor, I’ve seen my fair share of market volatility and macro events affecting the price action of Bitcoin (BTC). Today’s news that BTC held near two-month lows at the May 1 Wall Street open has me on edge. The uncertainty surrounding the next US interest rates announcement from the Federal Reserve … Read more
Ethereum has dropped below the $3,000 price range. ETH supply in profit dropped by around five million. As a seasoned crypto investor, I’ve seen my fair share of market fluctuations, and the Ethereum [ETH] decline below $3,000 is a reminder that this asset class is inherently volatile. The sudden drop in price on the 30th … Read more
As a seasoned crypto investor with a deep understanding of the Bitcoin ecosystem, I’ve witnessed firsthand how the recent surge in popularity of the Runes protocol has highlighted the need for scalable solutions on the Bitcoin network. The astronomical transaction fees and network congestion caused by millions of Runes transactions have underscored the importance of … Read more
Vitalik Buterin proposes “multi-sig” to solve seed phrase issues with hardware wallets. Shamir is another alternative to storing seed phrases, but Buterin downplayed it. As a seasoned crypto investor, I’ve seen my fair share of risks and losses in this volatile market. The recent FTX implosion is a stark reminder of the importance of self-custody … Read more
Ethereum flipped its 1-day market structure bearishly. The former range highs were the next support region of interest. As a researcher with extensive experience in analyzing cryptocurrency markets, I have closely monitored Ethereum’s [ETH] recent price action. Based on my observations and technical analysis, it appears that Ethereum has flipped its 1-day market structure bearishly. … Read more