LocalMonero exchange shuts down as crypto privacy services dwindle

As a long-time crypto investor and privacy advocate, I find the closure of LocalMonero, a peer-to-peer Monero (XMR) trading platform, deeply disappointing. The platform’s sudden announcement on May 7 that all new signups and advertisement postings for Monero trades are disabled, followed by the impending shutdown on Nov. 7, adds to the recent wave of … Read more

2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullish

As a researcher with a background in cryptocurrency markets, I find the recent developments in Bitcoin’s funding rate and annualized basis rate intriguing. Based on my analysis of the available data and insights from industry experts, it seems that these indicators could suggest an upcoming bullish trend for Bitcoin. A cryptocurrency expert suggests that two … Read more

DeFi tokens UNI, MKR lose lucky break: What’s going on?

The tokens’ volume dropped by 71.30% after reaching a high level in March. Sentiment has begun to improve, but participants hesitated adding liquidity to the protocols. As an experienced analyst, I have closely observed the recent decline in transaction volume and sentiment for Uniswap [UNI] and Maker [MKR]. Two months ago, these DeFi tokens showed … Read more

SEC’s Gary Gensler is getting irked being asked about crypto

As a researcher with a background in finance and securities law, I have followed the regulatory landscape surrounding cryptocurrencies closely. The recent comments from Gary Gensler, the head of the United States Securities and Exchange Commission (SEC), regarding his frustration with the media’s focus on crypto and its perceived outsized presence in scams and frauds, … Read more

‘What has Bitcoin ever done for mankind?’ – BTC’s lull irks investors

Bitcoin’s price dynamics and historical patterns evoke hope and fear among investors. Despite criticisms, BTC’s resilience and support from key figures affirm its investment potential. As a researcher with a background in cryptocurrencies, I’ve witnessed firsthand the intrigue and apprehension surrounding Bitcoin’s price movements. The recent shifts between $63K and $64K have instilled both hope … Read more