Kaiko Research: Monthly Market Report May 2021

On the 17th of November, an unknown individual who may have been working as part of a team targeted the dYdX exchange and its YFI token. Allegedly, the same actor had previously tried a similar strategy on the exchange’s SUSHI market merely 2 weeks prior. Good Trades Or Malicious Intent? These trades, which the platform’s

Despite exceeding $50,000 for the first time in ten days, bitcoin has failed to remain above that level. Some alternative coins continue to outperform their leader, including SOL, which went to yet another all-time high. Ethereum is also slightly in the green as it closes the gap to $4,000. SOL’s Latest Record and ETH Eyeing…

Binance US has entered into an agreement with Voyager Digital to acquire its assets. The bid from the cryptocurrency exchange also means that there’s a path for Voyager customer funds to be unlocked “as soon as possible.” CryptoPotato reported earlier in November that CZ had confirmed that Binance US will be bidding for the assets…

The meme coin market is once again buzzing with excitement, as some of the top tokens have seen two-digit increases over the past week. Floki, a well-known P2E meme coin, continues its upward trajectory, driven by a series of positive developments. Another P2E Doge meme coin, PlayDoge, has made a remarkable debut, raising more than

On March 2, US President Donald Trump announced a US crypto reserve that he claimed would “elevate this critical industry after years of corrupt attacks by the Biden administration.” He added that it would “obviously” contain Bitcoin and Ethereum but also mentioned XRP, SOL, and ADA, sending those tokens skyrocketing in the hours that followed.

Following an extended period of sideways consolidation, the price underwent an unforeseen impulsive cascade, breaching the lower boundary of the range. Consequently, the market appears to have transitioned into a phase of successive bearish movements, signaling prevailing negative sentiment. XRP Analysis By Shayan Ripple Price Analysis: The Daily Chart Examining the daily chart reveals that

Altcoin analyst Altcoin Gordon told over 400,000 X followers Friday that his year-end target for Ethereum is $11,250. That would be a 3.4X increase compared to current prices. Bitcoin has received plenty of attention from the media since October between the SEC approval of Bitcoin ETFs in January and the upcoming fourth Bitcoin halving in April.

Over the weekend, BitMart suffered a large-scale security breach. It can be counted as one of the most devastating attacks to date wherein the hackers managed to siphon off $196 million worth of cryptocurrencies after compromising a private key that opened two hot wallets. But the communities of Seychelles-based Huobi and Shiba Inu (SHIB) have…