Ethereum struggles around $3K as short positions surge: What now?

ETH traded at $3k at press time. The cumulative short liquidation of Ethereum rose to over $800 million. As a researcher with experience in cryptocurrency markets, I’ve been closely monitoring Ethereum’s [ETH] price movements and liquidation trends. Based on the data available at press time, it appears that Ethereum traders are increasingly betting on a … Read more

Chainalysis sets up regional HQ in Dubai amid local crypto boom

As a seasoned crypto investor with a keen interest in the latest industry developments, I’m thrilled to see Chainalysis establish its regional headquarters in Dubai. Having followed their work closely for years, I’ve witnessed their commitment to driving innovation and regulatory compliance in the crypto space. Chainalysis, a leading firm specializing in blockchain data analysis, … Read more

Trader loses 7-figure sum due to 0L Network hard fork

As an experienced financial analyst, I find the situation surrounding the 0L Network hard fork and the alleged loss of over a million dollars by trader NN quite concerning. The lack of transparency and communication from the team behind 0L Network regarding the bug and its subsequent handling is troubling. Approximately $1 million or more … Read more

dogwifhat unable to cross $3.6: Will WIF’s price crash to $2.4?

dogwifhat climbed past $3.6 but was immediately rejected. The bearish sentiment could force further losses. As a researcher with experience in analyzing cryptocurrency markets, I’ve noticed that meme coin WIF had a promising start to the week but faced significant rejection at the $3.6 level. The bearish sentiment, fueled by Bitcoin’s [BTC] struggle at the … Read more

Mastercard joins forces with US banking titans for tokenized settlement trials

As a seasoned crypto investor with a background in finance and technology, I’m thrilled to see Mastercard and major banking institutions in the US collaborating on testing distributed ledger technology for banking settlements. The potential application of shared ledger technology like Regulated Settlement Network (RSN) could significantly enhance the efficiency of cross-border settlements and reduce … Read more