Overheated Market? 95% of Bitcoin Wallets Are Now in a State of Profit

As a seasoned crypto investor with a decade of experience under my belt, the recent surge of Bitcoin to over $68,000 has me both exhilarated and cautiously optimistic. The data shared by IntoTheBlock suggests that we’re witnessing an unprecedented level of profit among Bitcoin addresses, which historically has signaled strong bullish momentum. However, I remember … Read more

The Fed Is ‘Attempting Something Unprecedented’ as It Navigates Massive Inflation Drop

As an analyst with over two decades of experience in global financial markets, I find myself both intrigued and cautiously optimistic about the current state of the U.S. economy. The drop in inflation to 2.4% is indeed unprecedented since the 1980s, and it’s a testament to the Federal Reserve’s monetary policy decisions, albeit aggressive ones. … Read more

ARK Invest Says stETH Is Becoming a Key Reference for Crypto, Like the Fed Funds Rate

As a seasoned crypto investor with a knack for spotting trends and understanding the underlying fundamentals, I find Lorenzo Valente’s research on Ether (ETH) particularly insightful. Having navigated through various market cycles, I can attest to the importance of yield-bearing assets in a digital economy, and ETH certainly stands out among its peers. On the … Read more

Kraken Launches Wrapped Bitcoin Token kBTC on Ethereum and OP Mainnet

As a seasoned analyst with years of experience in the cryptocurrency market, I find Kraken’s introduction of kBTC to be an exciting development. Having closely observed the industry’s evolution, it’s clear that interoperability and utility are key to Bitcoin’s future success. On October 17, Kraken launched Kraken Wrapped Bitcoin (kBTC), a fresh ERC-20 token designed … Read more

Key Technical Indicator Signals Potential Surge for Meme-Inspired Token Up 70% in October

As a seasoned crypto investor with a knack for sniffing out promising opportunities, I find myself intrigued by the latest developments surrounding Dogwifhat ($WIF). Having navigated through the tumultuous crypto market for years, I’ve learned to pay close attention to technical indicators that can provide valuable insights into potential trends. The TD Sequential indicator, developed … Read more