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Author: Andrew Chen

I'm a crypto enthusiast with a background in finance. I'm fascinated by the potential of crypto to disrupt traditional financial systems. I'm always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
Stablecoin Surge Signals Bullish Trend! Market Cap Hits $165B as Bitcoin Demand Weakens – CryptoQuant
BitcoinINSIGHTSMarket AnalysisNews

Stablecoin Surge Signals Bullish Trend! Market Cap Hits $165B as Bitcoin Demand Weakens – CryptoQuant

Andrew ChenAugust 23, 2024August 23, 2024

On-chain analytics firm CryptoQuant has revealed that apparent demand for Bitcoin (BTC) has significantly slowed since early April, even dipping…

Solana Slump: Network Activity Hits 2024 Low, Fees and Revenue Plunge
Market AnalysisNewsSolana (SOL) News

Solana Slump: Network Activity Hits 2024 Low, Fees and Revenue Plunge

Andrew ChenAugust 23, 2024August 23, 2024

The Solana (SOL) network has experienced a significant decline in usage throughout August, raising concerns about its long-term prospects. As…

SEC’s New Database Threatens Crypto Privacy: Blockchain Data at Risk of Government Surveillance
BlockchainMarket AnalysisNews

SEC’s New Database Threatens Crypto Privacy: Blockchain Data at Risk of Government Surveillance

Andrew ChenAugust 23, 2024August 23, 2024

The Blockchain Association and the DeFi Education Fund have raised concerns about the privacy implications of the U.S. Securities and…

Bitcoin And Ethereum Options Expiring – $1.5 Billion In Play As Market Anticipates Jackson Hole Impact
BitcoinNews

Bitcoin And Ethereum Options Expiring – $1.5 Billion In Play As Market Anticipates Jackson Hole Impact

Andrew ChenAugust 23, 2024August 23, 2024

As $1.5 billion worth of Bitcoin (BTC) and Ethereum (ETH) options near their expiry date, the cryptocurrency market remains relatively…

Chainlink (LINK) Surges 40% In Two Weeks – Is The Rally Hitting An Overbought Zone?
News

Chainlink (LINK) Surges 40% In Two Weeks – Is The Rally Hitting An Overbought Zone?

Andrew ChenAugust 23, 2024August 23, 2024

Chainlink (LINK) has been on a remarkable recovery path, aiming to reclaim its losses from late July. This resurgence has…

Dogecoin (DOGE) Hits Resistance At $0.10 – Will Falling Trading Volume Derail The Breakout?
News

Dogecoin (DOGE) Hits Resistance At $0.10 – Will Falling Trading Volume Derail The Breakout?

Andrew ChenAugust 23, 2024August 23, 2024

Dogecoin (DOGE), the leading meme coin, has been navigating a horizontal channel since August 8, with its price oscillating between…

Shiba Inu (SHIB) Rallies 10% as Whales Accumulate, But Faces Resistance at $0.000014 – Is a Breakout Coming?
Market AnalysisMemecoinsNews

Shiba Inu (SHIB) Rallies 10% as Whales Accumulate, But Faces Resistance at $0.000014 – Is a Breakout Coming?

Andrew ChenAugust 23, 2024August 23, 2024

Shiba Inu (SHIB), the popular memecoin, has experienced a notable recovery rally this week, driven in part by increased whale…

Why Binance Is Outspending Ripple – $200M Investment In Crypto Compliance
News

Why Binance Is Outspending Ripple – $200M Investment In Crypto Compliance

Andrew ChenAugust 23, 2024August 23, 2024

Binance, the world’s largest cryptocurrency exchange, is making headlines with its bold decision to spend over $200 million on regulatory…

Bitcoin Breaks $61K Ahead of Fed’s Jackson Hole Symposium: Market Braces for Potential Policy Shift Impact on Cryptos
BitcoinMarket AnalysisNews

Bitcoin Breaks $61K Ahead of Fed’s Jackson Hole Symposium: Market Braces for Potential Policy Shift Impact on Cryptos

Andrew ChenAugust 23, 2024August 23, 2024

Bitcoin (BTC) climbed above $61,000 on Friday as investors eagerly awaited the Federal Reserve’s annual Jackson Hole symposium. The event,…

Bitcoin Staking Frenzy Drives Transaction Fees Up 120x – Babylon Platform’s Record-Breaking Launch
BitcoinNews

Bitcoin Staking Frenzy Drives Transaction Fees Up 120x – Babylon Platform’s Record-Breaking Launch

Andrew ChenAugust 23, 2024August 23, 2024

The Bitcoin community was abuzz on Thursday as the Babylon platform’s highly anticipated Bitcoin staking event drove transaction fees to…

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SHIB’s extended downturn mirrors past phases that preceded strong rallies. Analysts see signs of a…

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$436M Bitcoin Bet: Offshore Firm Quietly Becomes Top BlackRock ETF Holder

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Offshore entity disclosed a $436M stake in BlackRock’s Bitcoin ETF. Analysts say ETFs remain a…

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