Introduction DeFi staking is evolving with the emergence of liquid restaking tokens (LRTs) and layer two solutions like Blast. This article explores the background, implications, and trends in this space. Liquid Restaking Tokens (LRTs) LRTs have revolutionized Ethereum staking by unlocking the liquidity of staked assets. This innovation enables stakers to earn rewards without locking…
A prominent crypto strategist, Ali Martinez, is forecasting substantial upward movement for two artificial intelligence (AI)-related altcoins: Filecoin (FIL) and Worldcoin (WLD). Filecoin (FIL) Martinez believes that FIL, the native token of the decentralized storage network Filecoin, is poised for a significant breakout. He points to the project’s decentralized network, which offers a cost-effective alternative…
Brad Garlinghouse, CEO of Ripple, a payments platform, predicts a new wave of crypto investment products. He says it would make sense to create exchange-traded funds (ETFs) centered around XRP and other digital assets. Diversification and Risk Garlinghouse compares the early days of the stock market to the current state of crypto, emphasizing the need…
Realized Cap and Hash Rate Offer Insights According to Ki Young Ju, co-founder and CEO of analytics platform CryptoQuant, there’s still a long way to go before Bitcoin reaches its cyclical top. Young Ju pointed out that 63% of Bitcoin’s realized cap hasn’t moved in more than six months. This metric aims to provide a…
Bitcoin’s value has been on a wild ride lately, hitting a high of $53,000 before taking a nosedive. But one crypto expert says the cryptocurrency still has room to grow. Bitcoin’s Strength Despite the recent drop, Bitcoin is still trading above $50,000, which analyst Michael van de Poppe sees as a sign of strength. He…
Bitcoin’s rocky start to the week, losing its footing above $52,000, has raised concerns. However, indicators suggest a possible continuation of the upward trend. Fisher Transform Analysis Crypto analyst Tony The Bull identified a significant trend in Bitcoin’s chart that could trigger a continuation of the rally above $52,000. The 1-week Fisher Transform shows similarities…
Bitcoin’s Pre-Halving Retracement Crypto analysts believe that Bitcoin’s recent price action suggests an imminent altcoin season. During this period, other crypto tokens typically outperform Bitcoin. Correction on the Horizon Analysts have observed that Bitcoin’s funding rate is “mildly high,” indicating a potential correction. This creates an opportunity for altcoins to make significant gains. Ethereum Leading…
Bitcoin has been on a bullish run, reaching $50,000 for the first time in two years. However, some crypto analysts believe that a correction may be on the horizon. Potential Pullback Cryptocurrency expert Crypto Jelle recently shared his analysis with his followers on social media. He believes that Bitcoin could undergo a retest anytime soon….
Lejilex and CFAT Challenge SEC’s Oversight A Texas-based crypto company, Lejilex, and the Crypto Freedom Alliance of Texas (CFAT), have filed a lawsuit against the US Securities and Exchange Commission (SEC). They allege that the SEC is overreaching its regulatory authority and seeking clarity on how digital assets should be classified. Lejilex, which operates the…
Surging User Activity MetaMask, a popular crypto wallet, has seen a significant surge in monthly active users (MAUs), reaching over 30 million in just five months. This represents a remarkable increase from the 19 million users recorded in September 2023. This uptick could be a positive indicator of growing activity in non-custodial activities, such as…
