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Cryptos are rallying again following SEC discussions with BlackRock and Grayscale. Another financial asset that performed well last week was gold. While the DXY fell, both BTC and gold became beneficiaries. BTC will usher in its halving in 2024, and changes in supply may make BTC more and more like precious metals. When a gold investor discovers that gold is near...

Sypool

Cryptos are rallying again following SEC discussions with BlackRock and Grayscale. Another financial asset that performed well last week was gold. While the DXY fell, both BTC and gold became beneficiaries. BTC will usher in its halving in 2024, and changes in supply may make BTC more and more like precious metals. When a gold investor discovers that gold is near...

Sypool

Terra-FOMO has swept the crypto-market. Last week, Mint Cash, developed by a former Terraform Labs developer, released that may issue airdrop based on the hold or burn of specific tokens held in the original Terra ecosystem. Make Terra-related tokens, such as USTC, LUNC, etc. pump. Although Terraform Labs later stated that it would not participate in Mint Cash in...

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The U.S. Securities and Exchange Commission (SEC) published two memorandums on its official website, officially confirming discussions with BlackRock and Grayscale on matters related to the listing of Bitcoin ETFs. It is reported that a memo shows that the SEC has discussed with Grayscale on November 20, on the proposed rule changes for the listing and trading of...

Sypool

The U.S. Securities and Exchange Commission (SEC) published two memorandums on its official website, officially confirming discussions with BlackRock and Grayscale on matters related to the listing of Bitcoin ETFs. It is reported that a memo shows that the SEC has discussed with Grayscale on November 20, on the proposed rule changes for the listing and trading of...

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Today our analysis target is VET. We have analyzed VET a few weeks ago. Now that its price is back near the highs again, let's see what will happen. VET is the token of project vechain, a smart contract platform focused on providing supply chain management solutions for enterprises and integrating with Internet of Things (IoT) devices to facilitate the process....

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Binance and its CEO CZ pleaded guilty to criminal charges of money laundering and violating U.S. sanctions, including allowing transactions with Hamas and other terrorist groups. Binance agreed to plead guilty to criminal charges and pay a fine of more than $4.3 billion. Zhao agreed to resign and pay a $50 million fine. But nothing such as insider trading emerged...

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Binance and its CEO CZ pleaded guilty to criminal charges of money laundering and violating U.S. sanctions, including allowing transactions with Hamas and other terrorist groups. Binance agreed to plead guilty to criminal charges and pay a fine of more than $4.3 billion. Zhao agreed to resign and pay a $50 million fine. But nothing such as insider trading emerged...

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We briefly analyzed SOL a few weeks ago and we gave it a bullish rating when the price was around 30. Now, SOL has almost doubled, and the volatility has increased significantly. So let's do a review of SOL and see how it goes. Although FTX continues to transfer SOL to the exchange and sell off during the past period, SOL has pumped and become one of the tokens...

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BTC suddenly pumped during the pullback yesterday, with the price approaching 38000 again. While there is no update on the BTC ETF, our research department noticed an increase in the total number of stablecoins in the market yesterday. FOMO interrupts the pullback. Previously we wrote a brief analysis of SOL and gave a bullish conclusion. SOL was at 30 at that...

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The U.S. Department of Labor released CPI data for October yesterday. Both broad CPI and core CPI were smaller than the previous values and expected values. When the data was released, many tokens pumped, but quickly returned to a downward trend. This shows that fluctuation of the crypto is still dominated by ETF news. Of course, if more funds enter crypto market...

Sypool

The U.S. Department of Labor released CPI data for October yesterday. Both broad CPI and core CPI were smaller than the previous values and expected values. When the data was released, many tokens pumped, but quickly returned to a downward trend. This shows that fluctuation of the crypto is still dominated by ETF news. Of course, if more funds enter crypto market...

Sypool

Another ETH analysis from the same week. We were bullish on ETH in our weekly recap, and based on the bullish performance of ETH, we gave a Long conclusion. Two days later, ETH had a pump and reached around 2100, which was the level during the Shapella period. On a news level, some one discovered that BlackRock had registered the iShares Ethereum Trust in...

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BTC rose above 36000 and many Altcoins started pumping again. We analyzed MKR in the early stages of this rally. But MKR bulls appear to be fading as other Altcoin gains. Today we take a look at what happened to MKR from the project level and indicator level. For the project MakerDAO, in 2020, it has started the business of RWA(real world assets). And when U.S....

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There were few updates after BlackRock’s iShares Bitcoin Trust was listed on the DTCC. Therefore, BTC continues to maintain fluctuation, and It's moving much like it did in late June. Also boosted by the news about ETF, BTC remained within a narrow range. On the macro level, the latest employment data in the United States was released last week, with the...

Sypool

There were few updates after BlackRock’s iShares Bitcoin Trust was listed on the DTCC. Therefore, BTC continues to maintain fluctuation, and It's moving much like it did in late June. Also boosted by the news about ETF, BTC remained within a narrow range. On the macro level, the latest employment data in the United States was released last week, with the...

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When BTC does not give back its gains quickly after rising, Altcoins will experience a pump. Yesterday BTC exceeded 35000, and many DEX tokens experienced pumps. Among these, UNI gained 15% yesterday. As a DEX emission token, it has been under huge selling pressure for a lot of time. DEX users have obtained a large number of tokens through staking or providing...

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After the pump, though BTC did not continue to hit 35000, it remained fluctuating around 34000. If you are an experienced cryptoer, you must know that many altcoins will experience violent pumps at this time. It also should be noted that our research department noticed through on-chain data that there was a lot of profit-taking events in BTC last week. This does...