LocalMonero Stops XMR Signups and Trading on May 7

As a long-term crypto investor with a particular interest in privacy coins, I can’t help but feel disheartened by the sudden closure of LocalMonero. I’ve relied on this platform for my Monero trading needs due to its emphasis on anonymity and no-KYC policies. The news came as a surprise, leaving me scrambling to withdraw my … Read more

FTX has billions more than needed to repay bankruptcy victims

As a long-term crypto investor with a deep understanding of the market, I’ve seen my fair share of ups and downs. The recent news about FTX, the bankrupt cryptocurrency exchange, has left me both surprised and cautiously optimistic. As a researcher studying the latest developments in the financial world, I’ve come across an intriguing turn … Read more

FTX FTT Soars 37% Amid Repayment to Creditors Proposal

As a researcher with extensive experience in the cryptocurrency market, I find the sudden surge of FTX token (FTT) within a day to be an intriguing development. The 37% increase in price and the 157.39% spike in trading volume are impressive figures that cannot be overlooked. The value of FTX’s token (FTT) unexpectedly spiked by … Read more

Hong Kong Spot ETFs Ease US Outflow in Digital Assets

As an experienced financial analyst, I believe that the recent outflows from digital asset investments, totaling $251 million last week, is a clear indication of shifting investor sentiment in the cryptocurrency market. The average Bitcoin purchase price during this period was $62,200, which could have led to sell orders and subsequent capital outflows. Last week, … Read more

Ethernity Chain Launch Drives 23% Surge in ERN Token Prices

As an experienced analyst, I’m excited about Ethernity’s introduction of their new Layer 2 network, Ethernity Chain. The integration of AI-secured technology on Ethereum has sparked a substantial surge in ERN token prices, which I believe is a positive sign for the project and the broader Web3 ecosystem. Ethernity, a renowned NFT marketplace, recently launched … Read more