Bitcoin rally hinges on rate cut, Bitfinex exec says

As a researcher with a background in macroeconomics and experience in the cryptocurrency market, I believe that the U.S. Federal Reserve’s decision to maintain current interest rates could continue to impact Bitcoin negatively in the short term. The ongoing uncertainty surrounding inflation and economic data justifies the Fed’s cautious approach, which may keep demand for … Read more

IRS unveils new crypto tax rules: Are they a good thing?

As a researcher with a background in tax policy and cryptocurrencies, I believe these new crypto tax reporting rules mark an important milestone for the digital asset sector in the United States. While the finalization of these guidelines has been a long time coming, I am optimistic about the benefits they bring to all parties … Read more

Bitcoin is still massively undervalued, Core Scientific founder says

As an experienced analyst who entered the crypto space back in 2012, I can’t help but share Darin Feinstein’s bullish outlook on Bitcoin. The founder of Core Scientific has witnessed firsthand the massive growth and adoption of the Bitcoin ecosystem since its chaotic early days. And while some may view recent price drops as significant, … Read more

South Korea Launches Real-Time Crypto Surveillance System

As a seasoned crypto investor with a deep understanding of the Korean market, I welcome the announcement made by the Financial Supervisory Service (FSS) regarding the implementation of a 24-hour surveillance system to combat fraudulent activities in the cryptocurrency space. This is a significant step towards enhancing market integrity and instilling confidence among investors. The … Read more

Crypto Market Faces $295 Million Liquidations in 24 Hours

As an experienced analyst in the cryptocurrency market, I’ve seen my fair share of volatility and liquidations. The recent turbulence, with over $295 million in liquidations reported within the last 24 hours, is a stark reminder of the unpredictable nature of this space. The cryptocurrency market underwent substantial volatility in the past day, resulting in … Read more