As an experienced analyst, I’ve seen my fair share of meme coins coming and going in the cryptocurrency market. The current surge in the price of dogwifhat (WIF) is indeed impressive, but it also comes with a degree of caution as the market sentiment remains bullish. The five-month-old meme coin based on dogs, called Dogwifhat … Read more
As an experienced crypto analyst, I’ve closely monitored the Bitcoin mining scene for quite some time now. Based on the latest reports from Hashrate Index, it seems that public Bitcoin miners are indeed ramping up their ASIC orders, leading to a significant increase in the network’s hashrate. According to Hashrate Index, a leading crypto mining … Read more
As a seasoned crypto investor, I’ve seen my fair share of market fluctuations and product launches in the Bitcoin space. The recent news of Bitcoin ETFs recording net inflows for 11 consecutive days, with BlackRock’s iShares Bitcoin Trust (IBIT) leading the charge, is a positive development that could potentially strengthen the Bitcoin market. Spot Bitcoin … Read more
As a seasoned crypto investor with a strong background in financial regulation and compliance, I wholeheartedly welcome the SFC’s decision to enforce stricter regulations on Virtual Asset Trading Platforms (VATPs) operating in Hong Kong. This regulatory change is long overdue, and it brings much-needed transparency and accountability to the crypto industry. Starting mid-year, virtual asset … Read more
As a researcher with a background in finance and experience following the crypto market closely, I’m excited to witness BlackRock’s IBIT surpass Grayscale’s GBTC as the largest spot bitcoin ETF in the U.S. This development is significant, especially considering the rapid inflows into IBIT and outflows from GBTC in recent days. BlackRock’s IBIT has surpassed … Read more