Crypto market analysis and predictive insights
The crypto market is entering its most bullish phase, and meme coins are making their long-awaited comeback. Dogecoin (DOGE) is leading the way with massive gains, while Popcat (POPCAT) and newcomer Cutoshi are also seeing significant action. Dogecoin’s price has surged 138% over the last 14 days, breaking through several resistance levels and settling around…
The recent surge in trading volumes of Dogecoin (DOGE) and XRP on South Korean crypto exchanges has caught the attention of the market. According to CoinGecko data, XRP and DOGE have cumulatively accounted for as much as 30% of trading volumes on Upbit, the country’s biggest exchange, and nearly 20% on Bithumb in the past…
Argo Blockchain, a prominent player in the crypto mining space, has reported a disappointing Q3 revenue, plummeting 28% year-over-year. The firm’s quarterly revenue of $7.5 million, down from $10.4 million a year earlier, has sent shockwaves through the market, causing its shares to plunge nearly 19% on over-the-counter trades. This decline in revenue can be…
Cardano's impressive rally has been making waves in the cryptocurrency market, defying the market-wide turbulence with a price hike. As of early Wednesday, ADA reached an 18-month high of $0.80, with its daily trading volume increasing by 24% to $2.27 billion. But what's behind this surge? The answer lies in the impressive rise in Cardano's…
Haru Invest, a crypto yield platform, has been declared bankrupt by the Seoul Rehabilitation Court amidst allegations of a massive $1 billion investor fraud. The company, which operated under Haru Management Limited, was accused of running a "rug pull" scheme that left creditors reeling. In this analysis, we will delve into the details of the…
The crypto space is abuzz with the news that Michael Saylor, executive chairman of MicroStrategy, will be presenting the case for investing in Bitcoin to Microsoft’s board. This development has the potential to be a game-changer for the market, as Microsoft is one of the biggest tech companies in the world with a massive allocation…
The concept of Decentralized Autonomous Organizations (DAOs) has been gaining traction in recent years, with many proponents touting it as the future of governance. However, a recent incident involving the lending protocol Compound has highlighted the vulnerabilities of DAO governance. In this article, we will explore the issue of DAO governance and what lessons can…
According to a recent article on Coindesk, pro crypto traders are leveraging IBIT options to bet on BlackRock’s Bitcoin ETF doubling to $100. The article states that the $100 IBIT call option saw a significant volume on day one, signaling expectations that prices could double to $100 in the coming months. The bullish sentiment is…
QCP Capital, a Singapore-based trading firm, expects a new wave of institutional investors to enter the crypto market with the debut of BlackRock’s Bitcoin ETF options on Nasdaq. According to QCP Capital, the introduction of IBIT options could drive an influx of high-net-worth investors, potentially leading to further compression of implied volatility. The analysts at…
Russia’s Deputy Prime Minister, Alexander Novak, has announced a ban on cryptocurrency mining in Russia-occupied Ukraine territories to conserve electricity. This move aims to ensure a smooth operation in the event of power shortages ahead of the heating season. The ban will also apply to certain areas in Russia, including Siberia and the North Caucasus….