As a researcher with a background in Web3 and metaverse technologies, I’m excited about Somnia’s recent announcement of their Metaverse Browser. The metaverse has been making headlines recently, but onboarding new users has remained a challenge for developers. Somnia’s solution to bring the metaverse straight into web browsers is a game-changer. As a metaverse analyst, … Read more
Bitcoin’s Accumulation Trend Score was at 0.021. This showed that large entities were distributing their holdings or not accumulating more coins. As a researcher with extensive experience in analyzing Bitcoin’s on-chain data, I believe that the current trend in Bitcoin’s Accumulation Trend Score is concerning. The score being at 0.021 indicates that large entities are … Read more
As an experienced analyst in the crypto space, I see Bitget’s move to create its own on-chain ecosystem as a strategic response to the growing trend of exchanges expanding beyond traditional trading services. With over 20 million users, particularly in the Asia-Pacific region, Bitget is positioning itself to become a one-stop-shop for all crypto needs, … Read more
As a crypto investor with some experience in the industry, I believe Circle’s decision to relocate its legal base from Ireland to the U.S. is a calculated move aimed at maintaining investor confidence and solidifying its position in the stablecoin market. Although the shift may result in higher tax rates and increased regulatory scrutiny from … Read more
The increase in development activity had little to no effect on XRP’s price. A good buying opportunity might have presented itself, on-chain data revealed. As an experienced analyst, I have closely monitored the XRP market and its related metrics for quite some time. Based on my observation of the recent development activity and other relevant … Read more
As a researcher with a background in blockchain technology and digital finance, I’ve come across many stories of individuals who have fallen victim to various risks associated with cryptocurrencies, including gambling addiction. Hoak’s confession of stealing and gambling away nearly $300,000 worth of user funds is particularly disheartening. Hoak, a pseudonymous developer behind the Cypher … Read more