As an experienced analyst, I’ve seen my fair share of market downturns in the crypto space. The recent plunge in Bitcoin and the subsequent dumping of altcoins must have left many investors with a bitter taste in their mouths. Those who held onto their altcoin positions are likely sitting on significant losses, and the temptation … Read more
As a researcher with a background in cryptocurrency and blockchain technology, I find Andreessen Horowitz’s (a16z) latest investment in Optimism intriguing. The $90 million commitment to the Ethereum layer 2 solution is a strong endorsement of its potential and highlights the growing importance of layer 2 solutions for the future of the Ethereum ecosystem. According … Read more
As a researcher with a background in finance and experience in the cryptocurrency market, I find Tether Holding’s Q1 2024 report to be an impressive display of financial strength and stability. The record-breaking net profit of $4.52 billion and net equity of $11.37 billion are clear indicators of Tether’s dominance in the stablecoin market. As … Read more
As a seasoned crypto investor with a keen interest in the decentralized finance (DeFi) sector, I find the recent surge in the total value locked (TVL) of real-world asset (RWA) protocols quite intriguing. According to Messari’s report, the RWA market has grown by nearly 60% between February and April, reaching close to $8 billion. This … Read more
As a researcher with a background in finance and experience following the cryptocurrency market closely, I share Geoffrey Kendrick’s concerns about the recent drop in Bitcoin’s price below $60,000. The lack of demand for new Bitcoin and Ether ETFs in Hong Kong is a worrying sign, and the average purchase price of these ETFs being … Read more