Investors’ sentiment around SOL turned bearish in the last 24 hours. A few metrics suggested that SOL’s price might increase in the coming days. Based on my analysis as an experienced financial analyst, Solana’s [SOL] recent price drop has raised concerns among investors about a potential further decline. However, there are some indicators that suggest … Read more
The world of finance has undergone a transformation with the emergence of cryptocurrencies, providing decentralized and secure options to their central counterparts, traditional fiat currencies. Among these digital currencies, Dash has gained considerable interest due to its unique attributes and expanding use. Dash stands out as a pioneer in this field, delivering unmatched speed, security, … Read more
As a seasoned crypto investor with a keen interest in the regulatory landscape, I find the recent developments regarding Consensys’ lawsuit against the SEC and the subsequent revelations about the SEC’s stance on Ether (ETH) to be of great significance. The ongoing legal battle between ConsenSys and the SEC has brought new light to the … Read more
Ethereum fees dropped to its lowest point since October. There has also been an overall decline in fees on L2s. As a researcher with extensive experience in the crypto space, I find it intriguing to observe the recent decline in Ethereum [ETH] transaction fees and the overall reduction in fees on Layer 2 solutions (L2s). … Read more
The proposed Lummis-Gillibrand stablecoin bill in the United States, if passed, could help maintain the dominance of the US dollar in the stablecoin market and bring more competition to Europe’s MiCA regulatory regime. However, the legislation still faces challenges such as maintaining a bipartisan and bicameral interest, overcoming potential White House opposition, and being attached … Read more
As a researcher with a background in blockchain technology and stablecoins, I find the recent development between Circle’s USD Coin (USDC) and Tether’s (USDT) in terms of stablecoin transactions to be quite intriguing. USDC surpassed USDT in monthly transactions for the first time, according to Visa’s on-chain analytics data. This is a significant shift, given … Read more