Ethereum Name Service (ENS). The token managed to regain bullish momentum, meaning that the $30 mark might be breached this month. The reason for the interest in this cryptocurrency was news that the developers proposed a network upgrade and together with it ENSv2, the purpose of which is to decrease gas fees and enhance scalability. […]...
Read More
On June 9, Saudi Arabia did not renew its petrodollar agreement with the United States that had been in force since 1974. The decision will allow Riyadh to sell oil and other goods in multiple currencies, including the yuan and the euro, rather than just dollars. In addition, the possibility of using digital assets such […]...
Read More
ORDI (ORDI). The rally in this token reflects the fact that Ordi launched a token sale, during which customers can sell their BTC or ETH. This made market participants more optimistic. Some experts believe that ORDI has the potential to skyrocket to the $100 mark over the next few sessions. MANTRA (OM). It was reported […]...
Read More
Ethereum co-founder Vitalik Buterin criticized celebrity-endorsed meme coins, calling them insider enrichment. Do meme coins like these have a chance for success? What is the basis for pouring funds into such products? Can meme coins really disrupt the big players who offer technology solutions on the blockchain? In our view, Buterin’s criticism of celebrity-issued meme […]...
Read More
Bybit has apparently started providing services in mainland China, which is on the platform’s list of excluded jurisdictions. What are the consequences of such a move for the platform? Can other platforms show loyalty to Chinese investors? Bybit’s decision to launch registration and provide access to its offshore crypto exchange to users from mainland China […]...
Read More
The market remains bullish as it anticipates a wave of US demand amid the final approval of spot Ethereum ETFs. A positive indicator is implied volatility in the options market. On June 3, Ethereum outperformed bitcoin by 15% in terms of this metric. What does this mean? And what does it mean for the market? […]...
Read More
$730 mln worth of cryptocurrency tokens will be unlocked in June, including dYdX, Arbitrum, ApeCoin and others. What will the unlock do for the market? And why is it happening? The unlocking of $730 mln worth of cryptocurrency tokens in June 2024 will clearly exert an impact on the market. The main effect will be […]...
Read More
Cryptocurrency investment products from May 25 to May 31 saw a net inflow of $185 mln, compared to nearly $2 bln in May. What do such volumes mean if the whole month is used as the basis of comparison? Is there a chance that the figure will be as good in June? This data from […]...
Read More
Binance will delist Waves, OmiseGO, NEM and Wrapped NXM. These coins have reacted by falling. Why is delisting necessary and has this process been subject to market manipulation? Delisting is carried out regularly and has entirely justified reasons. The main factors that are taken into account when deciding whether to delist a coin are the […]...
Read More
Notcoin (NOT). The surge in volumes highlights heavy buying, which bodes well for the price action going forward. The upturn also indicates that there may be more long-term interest in the token than just a temporary blip. That said, a mild pullback or profit-taking could be in the cards. Note that the coin is close […]...
Read More