Chinese authorities arrest six suspects in $300m crypto fraud case

As a researcher with a background in finance and experience following the cryptocurrency market, I am deeply concerned by the increasing number of illicit cryptocurrency transactions being reported globally, including the latest incident in China involving suspects who allegedly exchanged Chinese yuan and South Korean won through an underground bank. The scale of this operation, … Read more

Chinese Workers Cashing Out CBDC for Real Money: Report

As a researcher with experience in the Chinese financial market, I have closely followed China’s digital currency project, also known as e-CNY or digital yuan. Based on my analysis of recent reports and interviews with individuals like Sammy Lin and Andrew Wang, it appears that there are initial challenges in getting the population to adopt … Read more

Why is crypto down today? A stablecoin shift appears on the horizon

As a researcher with extensive experience in the cryptocurrency market, I’ve witnessed numerous corrections and shifts in investor sentiment. The recent correction, as evidenced by a 4% decrease in the total crypto market cap and an increase in daily trading volume, is a clear sign that some investors are seeking safety in stablecoins. Some investors … Read more

Polkadot Price Analysis: DOT Continues Downward Trajectory

As an experienced analyst, I have closely monitored Polkadot (DOT) over the past few days, and the recent price decline has been a cause of concern. Polkadot slipped below the crucial $7 mark on Friday and continued its downward trajectory, with sellers pushing the price towards the support at $6.40. The price of Polkadot (DOT) … Read more