As an experienced analyst in the blockchain industry, I strongly condemn the actions of Jameson Lopp, who deliberately “griefed” Bitcoin’s testnet by generating a massive amount of blocks within a week. This reckless behavior disrupted the testing process for many open-source Bitcoin application developers, causing significant inconvenience and wasting their valuable time. A number of … Read more
As an analyst with experience in the financial industry, I believe that the exchange-traded fund issuers in Hong Kong are taking a calculated risk by not being overly concerned about the crypto crackdown in the United States and its potential impact on Ether (ETH) being classified as a security. While it is true that the … Read more
As a researcher with experience in the crypto space, I understand the excitement and anticipation that comes with potential airdrops from major protocols like Eigenlayer. However, I also recognize that such events can lead to disappointment and frustration for some users. As an analyst, I’ve noticed some strong reactions from users who felt excluded from … Read more
XRP saw a shift in the weighted sentiment that could help the bulls gain traction The asset was undervalued but organic demand and user activity were also in decline As a researcher with extensive experience in the cryptocurrency market, I have closely monitored XRP‘s recent price action and on-chain metrics. The shift in weighted sentiment … Read more
As a researcher with a background in finance and accounting, I find MicroStrategy’s Q1 2024 financial results intriguing, given the company’s significant investment in Bitcoin (BTC). The net loss of $53.1 million and digital asset impairment loss of $191.6 million can be attributed to the marked-to-market decline in the value of Bitcoin during the quarter. … Read more
DOGE sank by more than 5% in the last 24 hours. Metrics and market indicators continued to remain bearish. As a seasoned crypto investor, I’ve seen my fair share of market ups and downs, including the recent bearish trend that caused Dogecoin (DOGE) and other cryptos to decline significantly in value. The past week was … Read more