SEC’s enforcement chief David Hirsch’s resignation attracted divergent reactions A market commentator viewed the departure as a signal to change the SEC’s power in the sector. As an experienced financial analyst, I believe Hirsch’s departure from the SEC may indeed mark a turning point in the regulatory landscape for crypto assets. The reactions in the … Read more
Congressman Mike Collins’ purchase boosts Velodrome, merging politics with crypto market dynamics. VELO’s surge amid volatility highlights altcoin appeal and shifting investment perceptions. As an experienced analyst, I find the recent development surrounding Congressman Mike Collins’ purchase of Velodrome (VELO) and its subsequent price surge to be a fascinating intersection of politics and crypto market … Read more
TRX sees increased social media activity and trading volume but fails to surge. The double-bottom pattern shows that there is still some underlying strength among bulls. As a researcher with a background in analyzing cryptocurrency markets, I’ve seen my fair share of volatile price movements and conflicting market signals. The current state of Tron (TRX) … Read more
In the Decentralized Finance (DeFi) sector, Synthetix stands out as a pioneering platform for secure, on-chain derivatives trading. Synthetix allows users to trade derivatives for crypto assets representing real-world holdings like gold and USD, expanding financial instrument exposure within the DeFi ecosystem. The platform also fosters collaboration and incentivizes users by enabling them to stake … Read more
AVAX has broken down a critical resistance level. Metrics suggest a bearish trend continuation Based on my analysis as an experienced financial analyst, I believe that Avalanche (AVAX) is currently experiencing a bearish trend with the recent breakdown below the critical support level at $30. This price action indicates a potential continuation of the downtrend … Read more
The latest transaction suggested that XRP’s upswing may stop. However, technical analysis showed that direction is not yet clear. As a crypto investor with some experience under my belt, I’ve learned to take both short-term price movements and long-term trends into account before making any decisions. Recently, the latest transaction of 30 million XRP tokens … Read more