ETH ETF approval odds jumped from 25% to 75% after the recent SEC update. The market rallied, but 100% ETF approval is not guaranteed unless S-1s are approved, too. As a researcher with experience in the crypto market, I believe that the recent update from the US Securities and Exchange Commission (SEC) on Ethereum [ETH] … Read more
Bitcoin’s short-term holders now hold their coins at a profit. BTC’s future open interest has risen to a two-month high. As an experienced analyst, I believe that Bitcoin’s (BTC) recent price rally is supported by the fact that short-term holders are now holding their coins at a profit. The Spent Output Profit Ratio (SOPR) for … Read more
CREAM’s trading volume surged by 378.65% in 24 hours and drove the price near $75. Almost all the holders of the crypto are whales but Cream Finance’s TVL has been underwhelming. As an analyst with experience in the cryptocurrency market, I’ve been closely monitoring the recent developments surrounding Cream Finance (CREAM) and its price surge. … Read more
Even as LTC makes no appearance in a lot of portfolios, data shows that it is more stable than BTC and ETH. Both the RSI and MACD are showing clear bull signals. As a long-term crypto investor with a keen interest in altcoins, I’ve been closely watching Litecoin (LTC) for quite some time now. Despite … Read more
ETH now trades at a two-month high. The number of short positions liquidated on 20th May represented the coin’s single-day highest since the beginning of the year. As a researcher with extensive experience in the crypto market, I’m thrilled to see Ethereum [ETH] reaching new heights and recording impressive gains in the past 24 hours. … Read more
On-chain metrics were used to analyze the state of three AI coins. RNDR had a slightly more bullish price action in the past month. As a seasoned crypto investor with a keen interest in the AI sector, I’ve been closely monitoring the on-chain metrics of three promising AI coins: Render (RNDR), The Graph (GRT), and … Read more