As an experienced cryptocurrency analyst, I find the recent surge in Shiba Inu (SHIB) token burning particularly intriguing. The 2814% increase in burn rate, which led to the incineration of over 7 million SHIB tokens, is noteworthy given the current bearish market trend and declining price. This reduction in overall supply has the potential to … Read more
As a seasoned cybersecurity analyst with extensive experience in the cryptocurrency industry, I find the recent news of the Lykke crypto exchange suffering a significant loss due to a cyberattack deeply concerning. The reported theft of over $22 million worth of crypto assets is a stark reminder of the increasing risks and vulnerabilities in this … Read more
As a seasoned crypto investor with a few years under my belt, I’ve seen my fair share of market fluctuations. The recent four-week streak of net inflows into U.S. spot Bitcoin ETFs was an exciting development that fueled optimism in the community. However, the sudden reversal of fortunes with $64.9 million in net outflows on … Read more
As a crypto investor with experience in following Japanese markets, I’m thrilled to see Metaplanet’s recent Bitcoin purchases and the positive response from the market. The company’s strategic move to increase its BTC holdings has not only boosted its stock price but also positioned it among the top corporate Bitcoin holders. Metaplanet, a Japanese corporation … Read more
As a seasoned crypto investor with years of experience in this volatile market, I’ve seen my fair share of ups and downs. But the recent plunge of Bitcoin below $70,000 has left me feeling uneasy. The rapid decline and subsequent liquidations have sent shockwaves through the market, causing a wave of sell-offs and panic. In … Read more