Miner profit/loss sustainability sank to lows not seen since June 2021. Due to the dip in profitability, selling pressure from miners dipped further. As a researcher, I’ve been closely monitoring the Bitcoin mining industry, and the recent developments have been particularly challenging for miners. The profitability dips we’ve seen since the halving earlier this month … Read more
As an analyst with a background in the crypto industry and a keen interest in decentralized finance (DeFi), I believe that Karak’s recent growth and EigenLayer’s airdrop controversy could significantly impact the market share of Ethereum staking protocols. The burgeoning staking protocol on Ethereum, Karak, experienced a significant increase in its total value locked (TVL), … Read more
As an analyst with a background in crypto and blockchain technology, I find the recent developments at Safe intriguing but concerning. The unlocking of token transferability, which was a highly anticipated event, led to a significant price drop of 42% for the Safe token. This is a stark reminder that the relationship between token prices … Read more
As an analyst with a background in blockchain technology and cybersecurity, I find the recent incident of a hacker exploiting the smart contracts of defunct DeFi lending protocol Yield Protocol deeply concerning. Having closely followed the events surrounding Yield Protocol’s shutdown in December 2023 and its recovery from a previous attack on Euler Finance, I … Read more
As an experienced technology analyst, I believe that Apple’s recent hiring spree and acquisitions of AI experts from Google, along with the establishment of a secretive laboratory in Zurich, are clear indicators of Apple’s renewed focus on artificial intelligence and machine learning. This comes at a time when Apple has been lagging behind its Big … Read more
As a seasoned crypto investor with a keen interest in global market trends, I find the recent launch of Bitcoin and Ethereum ETFs in Hong Kong intriguing but underwhelming compared to their counterparts in the United States. It’s been challenging to keep up with the Bitcoin (BTC) exchange-traded fund (ETF) scene in the US, as … Read more