Kaiko Research: Monthly Market Report May 2021

Solana meme coins are whipping up a frenzy in the crypto market. The latest sensation is SMOG, which went on to climb around 1400% on its release and continues to top the charts. Meme Kombat ($MK) is another viral meme coin that has caught the attention of the market. Although $MK has yet to be

Ethereum co-founder Vitalik Buterin recently weighed in on crypto regulation, noting that he is somewhat happy that watchdogs continue to reject crypto exchange-traded funds (ETFs) applications.  In a lengthy controversial Twitter thread on October 30, Buterin stressed that the crypto industry is still in its early stages of attracting institutional adoption due to the need…

After a few days of recovering some of the recent losses, bitcoin has reversed its trajectory and has dropped to around $20,000. Most of the altcoins are in the red as well today, aside from Shiba Inu and LEO, both of which have charted impressive gains. Bitcoin Down to $20K Following last week’s massacre that…

Cannabis stocks turned bullish across the U.S. and Canadian stock exchanges after New Jersey’s Democratic Governor Phil Murphy announced on Tuesday that legislators in the Garden State have reached a deal on the legalization of Marijuana. The talks and negotiations have been going on for months and finally there is a possibility that on March…

[PRESS RELEASE – Please Read Disclaimer] It’s safe to say that the cryptocurrency industry, with all its different niches, has far surpassed Satoshi Nakamoto’s grand idea from over a decade ago. The past few years have been exceptionally turbulent with the emergence of decentralized finance, non-fungible tokens, play-to-earn games, and the recent trend – the…

Bitcoin has done very little over the weekend, hugging the $26,500 price level with minimal volumes and volatility. Market analyst and chart guru “PlanB” has been tweaking his pricing models since the infamous stock-to-flow model has been potentially invalidated by this extended bear market. With the new market phase naming, BTC is still in the

The price of Bitcoin (BTC) fell back below $60K on Friday following reports of explosions occurring close to the airport in Isfahan, a city in Iran. The report comes from the semi-official FARS news agency in Iran, citing local sources. Multiple flights began diverting their routes around Western Iranian airspace early Friday morning. The state-run

MicroStrategy has proposed a new Bitcoin-based strategy for combatting online spam – though Bitcoiners are skeptical as to whether it’s a good idea. During the annual MicroStrategy World conference on Wednesday, the company’s executive chairman Michael Saylor unveiled “MicroStrategy Orange” – an open-source decentralized identity solution built on Bitcoin. What is MicroStrategy Orange? MicroStrategy described

Deaton is a Massachusetts attorney who made a big name for himself in crypto markets after founding CryptoLaw. It’s a crypto news website with an extensive library of official documents related to cryptocurrency cases in US courts. The crypto activist recently warned that meme coins like the new TRUMP tokens that have been going around