Could Ethereum (ETH) head back down to $3,000?

As a researcher with experience in analyzing cryptocurrency markets, I believe that the imminent launch of Spot Ethereum ETFs could lead to a bullish short-term price movement for $ETH. However, it’s also possible that we might see a brief dip back down to around $3,000 before the price rises again. As the anticipated launch of … Read more

Bitcoin breakout coming – is it up or down?

As an analyst with a background in economics and experience in the cryptocurrency market, I believe that the current downturn in Bitcoin’s price could continue to be bearish in the short term, but there are underlying factors that make it a valuable and resilient asset in the long run. Bitcoin has experienced a 4% decrease … Read more

Binance CEO says customers have ‘very little’ assets in bankrupt FlowBank

As a seasoned crypto investor with experience in navigating the volatile market, I’m closely monitoring the situation between Binance and FlowBank’s bankruptcy. While it’s disheartening to see yet another financial institution face insolvency, I find Richard Teng’s reassurance that “very little” assets were held at FlowBank on Binance’s behalf comforting. Richard Teng, the head of … Read more

UNI price climbs 9% as Uniswap explores new layer-2 integration

As an experienced analyst, I believe that UNI’s recent price surge can be attributed to a combination of factors. The enigmatic X post from Uniswap Labs hinting at the addition of a new Layer-2 blockchain to Uniswap has undoubtedly fueled speculation and excitement within the crypto community. While the specific L2 protocol has not been … Read more

Bitcoin lags behind stocks and bonds in Q2 2024

As a seasoned crypto investor with a few years of experience under my belt, I’ve seen my fair share of market ups and downs. And let me tell you, the second quarter of 2024 has been a tough one for Bitcoin. In the second quarter of 2024, Bitcoin underperformed both stocks and bonds based on … Read more