As an experienced financial analyst, I have closely monitored the Bitcoin mining industry and its revenue trends. The recent Bitcoin halving event, which took place on May 11, led to a significant reduction in mining rewards from 6.25 BTC per block to 3.125 BTC. While some initial hype around the event temporarily sustained miners’ daily … Read more
The Elliot Wave showed that ADA had slipped below the crucial support. Signals from the liquidation levels and OI predicted a decrease to $0.42. As a researcher with experience in analyzing cryptocurrencies, I believe that based on the information provided by More Crypto Online and my own analysis, there is a strong possibility that Cardano’s … Read more
As a crypto investor and tech enthusiast with a keen interest in decentralized social media platforms, I’ve been closely following the developments surrounding Jack Dorsey’s exit from Bluesky’s board. Dorsey, a co-founder of Twitter and an early backer of Bluesky, announced his departure hours before confirming he was no longer on the project’s board in … Read more
As a researcher with a background in fintech and digital currencies, I find the exclusion of crypto assets from South Korea’s updated donation legislation disappointing. The country is known for its tech-savvy population and high adoption rates of digital currencies such as Bitcoin (BTC). Allowing charities to accept donations in cryptocurrencies would not only modernize … Read more
Traders reduced their amount of leverage as BTC prices stabilized. Holders remained unprofitable despite the price appreciation. As a seasoned crypto investor with a few bear market experiences under my belt, I find the recent stability in Bitcoin’s price and the signs of decreased leverage in the derivatives market encouraging. The significant reset in Funding … Read more
As a crypto investor with a few years of experience under my belt, I’m keeping a close eye on the developing story between stablecoins and payment giants like Visa. The recent research from Sacra suggesting that stablecoins could surpass Visa in total payment volume this quarter is intriguing, but I remain skeptical based on the … Read more