As an analyst with a background in financial markets and experience in following regulatory developments, I find the investment by Peter Thiel’s Founders Fund in Polymarket, a crypto-based prediction market platform for political events, intriguing. The successful $70 million fundraising effort, spearheaded by Founders Fund in the latest Series B round, marks the firm’s first … Read more
As a seasoned crypto investor, I’ve seen my fair share of market volatility, and the recent price action in Bitcoin (BTC) has been no exception. The flash crash to around $61,000 during May 14 was a stark reminder that even the most anticipated economic data releases can have an impact on our beloved digital asset. … Read more
As an analyst with a background in blockchain technology and regulatory compliance, I believe that zero-knowledge proofs (ZK-proofs) could serve as a valuable solution for both developers and regulators in the privacy-preserving cryptocurrency space. The recent crackdown on privacy-focused protocols like cryptocurrency mixers highlights the urgent need for a privacy-preserving yet legally compliant approach. As … Read more
Bitcoin’s Funding Rates on DyDx and Deribit have turned positive. The coin’s “flat” Open Interest signals that market participants are unsure of its short-term price direction. As an analyst with a background in financial markets and experience in crypto analysis, I believe that Bitcoin’s (BTC) recent surge in positive Funding Rates on exchanges like DyDx … Read more
As a seasoned crypto investor with years of experience under my belt, I’ve seen the trend of pre-launch token trading gain significant traction among investors. However, I must admit that this phenomenon comes with its own set of challenges and risks. Trading cryptocurrency tokens prior to their official launch has become increasingly popular amongst investors. … Read more
As a seasoned crypto investor with a strong background in the decentralized finance (DeFi) space, I’m closely monitoring the new regulations set by the European Union (EU) that could significantly impact DeFi protocols. The EU’s Markets in Crypto-Assets Regulation (MiCA), which will be fully enforced by the end of 2024, requires DeFi protocols to adhere … Read more