As an analyst in the crypto space, I often find myself reflecting on the tremendous shifts we’ve seen in this market. What began as a small, almost fringe movement has grown into a sprawling ecosystem that spans across finance, technology, art, and culture. But perhaps the most interesting development in recent years has been the […]
Is Superverse Still a Good Opportunity for Investors? Analysing the Crypto Gaming Space
As an analyst, I’ve spent a considerable amount of time watching the evolution of crypto gaming unfold. The sector has come a long way since the early days of play-to-earn games that were often more focused on tokenomics than actual gameplay. Today, projects like Superverse aim to redefine the landscape by uniting fragmented gaming ecosystems [&hel
The Meme Coin Frenzy: Is It Still a Good Investment Opportunity?
As an analyst, I’ve witnessed countless cycles of market hype, from the meteoric rise of Bitcoin to the frenzied buying of NFTs. But one phenomenon that never fails to grab attention is the meme coin craze. Lately, we’ve seen meme coins resurface with a vengeance, capturing the interest of traders and drawing fresh eyes into […]
Cryptocurrency Market Cap Drops to $2.27 Trillion
Data shows that the total cryptocurrency market capitalization has dropped to $2.27 trillion, currently standing at $2,271,617,983,941, reflecting a 2.9% decline over the past 24 hours. Bitcoin’s dominance is 54.3%, while Ethereum accounts for 12.9%.
11 Crypto Platforms Under Review as Hong Kong Faces Criticism on Strict Regulations
The Hong Kong Securities and Futures Commission (SFC) plans to approve more cryptocurrency exchanges by the end of the year, according to CEO Julia Leung. Speaking to local outlet HK01 on October 6, Leung noted that 11 platforms seeking licenses have undergone on-site reviews. She expects further progress in their applications before 2024 ends. Thi
Hang Seng Index (HSI) Drops Nearly 10% Today
As shown on the Hang Seng Index chart (Hong Kong 50 on FXOpen), prices have fallen by almost 10% since trading began today, and the session is not over yet. According to Reuters, bearish sentiment was driven by uncertain statements from Chinese officials regarding economic stimulus measures. This has raised doubts in the stock market […]
Bitcoin Surges as HBO Documentary Over Satoshi Nakamoto Heats Up
Bitcoin’s price surged through $62,000 on October 4. Excitement over the upcoming HBO documentary Money Electric: The Bitcoin Mystery drove the rise. Set to air on October 8, the film promises to expose the identity of Satoshi Nakamoto, a mystery […] The post Bitcoin Surges as HBO Documentary Over Satoshi Nakamoto Heats Up appeared first […]
Infinex Raises $65.3 Million Through NFT Sales, Partners with Wormhole for Cross-Chain Capabilities
DeFi platform Infinex has announced a partnership with Wormhole to offer cross-chain functionality. The platform successfully raised $65.3 million through the sale of “Patron NFTs,” with a total of 41,252 NFTs sold. Buyers included retail investors, Solana Ventures, Breyer Capital, and notable individual investors such as Solana founder Anatoly Yak
XBR/USD Analysis: Brent Crude Price Fails to Hold Above $80
As shown on the XBR/USD chart, Brent crude oil prices surged by over 8.5% last week — marking the largest increase in 2024, driven by escalating tensions in the Middle East. Although oil prices continued to climb earlier this week, a pullback occurred on Tuesday, causing Brent crude to drop below the $80 level. It […]
Analysis: Bitcoin and Asian Stock Market Funds May Be Flowing into Chinese Equities
On October 7, reports indicate that despite the 3-5% cost of converting stablecoins like USDT into stocks, the potential for a 50-70% rise in Chinese equities makes this strategy appealing. According to observers, while Chinese stocks have surged by 20% since late September due to government stimulus policies, Bitcoin has remained relatively stable