Large holders have accumulated millions of DOGE. DOGE saw an over 1% price increase. Based on my analysis as an experienced financial analyst, the recent accumulation trend among large Dogecoin holders and the corresponding increase in price could be a promising sign. However, it is essential to remain cautious, as DOGE‘s price trend remains bearish, … Read more
As a seasoned crypto investor with several years of experience under my belt, I find the recent emergence of a “bullish hammer” candle on Bitcoin’s weekly price chart intriguing. The bullish hammer is a bullish reversal pattern that occurs when there is a small body above a thin long line, referred to as a “wick.” … Read more
As a researcher with a background in financial markets and stablecoins, I find Deutsche Bank’s report on the potential failure of most dollar-pegged stablecoins, including Tether (USDT), to be intriguing but also somewhat misleading. The report relies heavily on historical data of fixed currencies and draws parallels between them and stablecoins, which I believe is … Read more
As a researcher with experience in the Bitcoin mining industry, I find Marathon Digital’s Q1 2024 results intriguing. The company’s revenues increased by 223% year-on-year, but it missed analyst estimates due to unexpected equipment failures and weather-related curtailments. As a researcher studying the financial performance of Bitcoin (BTC) mining companies, I came across Marathon Digital’s … Read more
Solana did not see heightened buying pressure during its month-long range consolidation. The rejection at $160 underlined how crucial that resistance level has been in recent weeks. As a seasoned crypto investor with a few battle scars from past market swings, I’ve learned to read between the lines of price charts and on-chain data. Solana … Read more
After a rise in April, Polkadot’s network activity started to decline in May. Most market indicators looked bearish on DOT. As a seasoned crypto investor, I’ve seen my fair share of market ups and downs. April was a rollercoaster ride for Polkadot [DOT], with its price taking a significant hit, causing concern among investors. The … Read more