SHIB risks dropping to $0.000014 as a lot of addresses keep selling some of their holdings. Activity on Shiba Inu dropped even as the network became overvalued. As an experienced analyst, I’ve closely monitored the Shiba Inu (SHIB) market and based on the latest on-chain data, I have concerns about its near-term price performance. The … Read more
Strike CEO projected that BTC could hit $1M amidst a possible bonds market bailout. However, BTC suffered short-term ell pressure from Germany as Mt Gox plans to dump $9B. As an analyst with a background in financial markets and a keen interest in digital currencies, I find the current state of Bitcoin intriguing. The contrast … Read more
TON has declined in the last 24 hours. Metrics showed that more sellers were active compared to buyers. As a researcher with extensive experience in cryptocurrency markets, I find the recent trends in Toncoin (TON) intriguing. The 24-hour trading data shows that Toncoin experienced a substantial spike in volume, with a significant increase of over … Read more
LDO and MKR show relatively positive price movement despite the market drawdown over the last two weeks. New addresses exhibited interest in MKR, however, LDO failed to garner the same attention. As a seasoned crypto investor with a keen interest in the DeFi sector, I’ve been closely monitoring the price movements of LDO and MKR … Read more
News of repayments in Bitcoin and Bitcoin Cash is likely to put additional downward pressure on the two assets. The metrics and futures data showed that the next week is likely to see more losses. As an experienced analyst, I believe that the news of Bitcoin and Bitcoin Cash repayments from the now-defunct Mt. Gox … Read more
XRP was down by more than 4% in the last seven days. Most market indicators remained bearish on the token. As a researcher with experience in cryptocurrency markets, I have observed XRP‘s recent performance with great interest. The token has been underperforming in the last seven days, with its value dropping by more than 4%. … Read more