sigmanomics

The Impact of Bitcoin’s Selling Pressure Subsiding Analyzing the Current Market Trends Bitcoin’s (BTC) selling pressure seems to be easing up, as traders are reporting a 12% decrease in unrealized loss margins. This observation comes from CryptoQuant’s head of research, Julio Moreno. Moreno suggests that this decline in selling pressure

Texas’ Bitcoin Reserve Proposal Passes Committee Unanimous Approval Sets Stage for Senate Vote Recently, the Business and Commerce Committee in Texas unanimously passed a groundbreaking proposal to establish a Bitcoin reserve for the state. This move has sparked significant interest and debate within the cryptocurrency community and beyond. The Bitcoin

Understanding the Current State of HBAR (Hedera) in the Crypto Market The Downtrend of HBAR HBAR (Hedera) has been facing a tough time in the crypto market, with a persistent downtrend for the last six weeks. This has left investors worried as there are no clear signs of recovery on

Welcome to my blog post! BDACS and Ripple Form Strategic Alliance On February 26, 2025, BDACS, South Korea’s first regulated custodian for institutional digital assets, announced a groundbreaking strategic alliance with blockchain firm Ripple. This partnership is set to revolutionize the safeguarded custody offerings for XRP, RLUSD, and other related

The Shift from Meme Currencies to Stronger Fundamentals in Investing The Rise and Fall of Meme Currencies Many investors have recently started to shift their attention away from meme currencies like PEPE, which have been experiencing significant market fluctuations. While these meme currencies have gained a devoted following and attracted

Cryptocurrency Market Update Bitcoin and Ethereum Continue to Consolidate Bitcoin, Ethereum, and other top cryptocurrencies are holding onto their recent losses, as the market remains in a state of consolidation. After a period of rapid gains, many investors are now taking profits and waiting to see where the market will

A Closely Followed Crypto Analyst Predicts Bitcoin May Plummet to $70,000 The Warning Bitcoin (BTC) investors have been on edge recently as a closely followed crypto analyst has issued a stark warning. The analyst, known for their accurate predictions in the past, believes that Bitcoin may soon plummet into the

Dogecoin’s open interest plummeting raises concerns for investors Introduction Dogecoin, the cryptocurrency that started as a joke based on a meme but has gained popularity over the years, is currently facing a significant drop in open interest. As of January, the open interest in Dogecoin had reached over $3 billion.

Welcome to our Blog! ADA Token Facing Bearish Outlook Today, on February 27, 2025, ADA, the native token of the Cardano blockchain, is facing a bearish outlook. This is largely due to recent whale activity in the market and the bearish price action that has been forming on the daily

The Decline of Shiba Inu: What’s Next for the Cryptocurrency? The Rise and Fall of SHIB Once a leading performer in the cryptocurrency market, Shiba Inu (SHIB) is currently facing challenges as it struggles to regain ground following a 31% decline in just 30 days. This popular token, known for

Deutsche Telekom Strengthens Presence in Crypto Space Through Partnership with Injective The Telecom Giant’s Foray into Blockchain Technology Deutsche Telekom, a telecommunications giant valued at more than $180 billion, has made a strategic move to strengthen its presence in the crypto and blockchain space by partnering with Injective. This partnership,

Silicon Valley Representative Sam Liccardo proposes legislation banning government officials from launching cryptocurrencies The Situation In a surprising turn of events, Silicon Valley Representative Sam Liccardo has put forth new legislation aimed at preventing government officials from launching their own cryptocurrencies. This proposal comes in the wake of President Trump

Bitcoin Decline Sparks Debate Among Traders The Recent Market Turmoil Bitcoin’s (CRYPTO: BTC) decline over the past week has sparked a heated discussion among traders about whether the bull market has come to an end. Crypto chart analyst Ali Martinez stated that the crypto king has entered oversold conditions first

Solana’s Recent Bearish Performance The Decline in the Broader Crypto Market Solana, a popular cryptocurrency, has recently been caught in a period of continued bearish performance. This is largely due to the notable decline in the broader crypto market, with its price plummeting by nearly 23% in the past week.

Crypto Market Uncertainty Persists The cryptocurrency market has been experiencing a period of uncertainty, with Bitcoin recently witnessing its biggest three-day slide since FTX’s collapse. This downward trend has left many investors and analysts concerned about the future direction of the market, with some pointing to further downside momentum. Bitcoin’s

XRP Price Analysis and Market Update Current XRP Market Stats XRP is currently trading at $2.20 with a market capitalization of $127 billion. The 24-hour global trade volume stands at $5.43 billion, while the intraday price range is between $2.16 and $2.27. This indicates consolidation near key support levels as