As an experienced analyst, I see Aave Labs’ proposal for upgrading and evolving its decentralized finance (DeFi) lending protocol Aave as a significant step forward in the rapidly evolving world of DeFi. The proposed features, such as major upgrades to the Aave Network, cross-chain liquidity layer, non-EVM layer-1 deployments, and a new visual identity, align … Read more
As a seasoned crypto investor with a keen eye on market trends, I find the recent record net outflows from U.S. spot Bitcoin ETFs alarming but not entirely unexpected. The fact that BlackRock’s iShares Bitcoin Trust (IBIT) experienced its first-ever outflow day is concerning, with $36.6 million leaving the fund on May 1 alone. Record … Read more
As an experienced on-chain analyst, I’ve closely monitored Bitcoin’s price movements and trends for quite some time. The recent dip below the average purchase price paid by short-term holders has understandably sparked anxiety among this group of investors, as they now face unrealized losses. According to on-chain analysis, the current Bitcoin (BTC) market price is … Read more
Despite recent price troubles, the BTC market remained euphoric. Readings from the coin’s MVRV ratio and Realized Loss metrics suggested that a local bottom may soon be discovered. As an experienced analyst, I believe that the recent correction in Bitcoin’s price has caused some uncertainty among investors, but the market’s euphoric phase may not yet … Read more
As a seasoned crypto investor with a keen interest in decentralized technologies and their potential real-world applications, I find MicroStrategy’s latest announcement of MicroStrategy Orange particularly intriguing. MicroStrategy, being the largest corporate holder of Bitcoin, has always been at the forefront of exploring ways to leverage the power of this digital asset beyond just financial … Read more
As a researcher with a background in financial compliance and investigative journalism, I find the ongoing probe into Jack Dorsey’s fintech company Block, Inc. by US federal prosecutors particularly concerning. The allegations of widespread compliance violations at Square and Cash App, as reported by NBC News, are serious and could have significant implications for the … Read more