As an experienced financial analyst, I find this situation intriguing but also full of uncertainties and potential risks. The idea of purchasing a digital NFT mugshot of former President Trump and attending a dinner at his Mar-a-Lago residence is an innovative marketing strategy that has garnered significant attention within the crypto community. However, it’s important … Read more
Short positions increase following Grayscale’s decision to pull its Ethereum futures ETF application. Market sentiment grows bearish with potential further declines. As a researcher with extensive experience in the cryptocurrency market, I cannot help but feel a sense of unease regarding Ethereum’s current state. The recent decision by Grayscale to withdraw its Ethereum futures ETF … Read more
As a researcher with a background in finance and experience following the cryptocurrency industry, I’m excited to see Japanese crypto exchange Coincheck and Thunder Bridge Capital taking significant strides toward their merger transaction and Nasdaq listing. The filing of the registration statement on Form F-4 with the U.S. Securities and Exchange Commission (SEC) is an … Read more
ADA’s price has fallen by 25% in the last 30 days. Readings from key on-chain metrics suggest that now might be a good time to buy the altcoin. As a researcher with experience in on-chain analysis, I believe that the recent price drop of ADA by 25% in the last 30 days presents an opportunity … Read more
FTX plans to pay over 100% of claims to some creditors. FTX expects collection of $14.5 — $16.3 billion for distribution. As a researcher with a background in finance and experience in studying insolvency proceedings, I am impressed by FTX’s plan to pay over 100% of claims to some creditors. This is an unprecedented move … Read more
As a researcher with a background in finance and blockchain technology, I find JPMorgan’s CEO Umar Farooq’s comments during the BIS Innovation Summit insightful and reflective of the current state of public blockchains. Based on my understanding of the technology and the financial industry, I agree with his assessment that public blockchains are not yet … Read more