As an analyst with a background in economics and experience in the blockchain industry, I strongly believe that the decentralized nature of blockchains is their most significant value proposition. Therefore, any scaling solution must prioritize maintaining the core principles of decentralization and resilience while addressing the need for increased throughput. As a researcher in the … Read more
As a researcher with a background in securities law, I find the ongoing legal battle between Terraform Labs and the SEC intriguing. In this case, Terraform’s lawyers have filed a compelling motion in opposition to the SEC’s request for $5.3 billion in disgorgement and civil penalties. As an analyst, I would rephrase it as: “I, … Read more
BONK has strong capital inflows and bullish momentum at press time. The resistance zone overhead forced buyers to retreat. As a crypto investor with some experience under my belt, I’ve seen my fair share of market volatility and price action. And right now, BONK is presenting an intriguing situation. As a researcher studying the crypto … Read more
As a researcher with a background in financial markets, I find the recent trend of outflows from cryptocurrency investment products quite intriguing. The $435 million weekly withdrawal from Bitcoin and Ether investment products is noteworthy, especially given that Bitcoin price has been rangebound for weeks. According to recent data from CoinShares, there was a significant … Read more
Lido’s price rise leads to an increase in the market cap of liquid staking assets. At the time of this writing, LDO was trading at approximately $2.13 As an experienced financial analyst, I have closely monitored the recent developments within the Ethereum [ETH] and liquid staking market, specifically focusing on Lido Dao [LDO]. Based on … Read more
In summary, most cryptocurrencies are experiencing bearish sentiment as they continue to trade below their respective moving averages and important support levels. Bitcoin is trying to hold onto its key support at $59,600 while Ethereum, Binance Coin, Solana, XRP, Toncoin, Dogecoin, and Cardano are all trading in bearish territory with key supports at $3,000 for … Read more