Analysis

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The recent report from the Polkadot Treasury for the first half of 2024 has highlighted concerns over an impending funding crisis. The report reveals that the Treasury’s assets, spread across multiple chains, have become increasingly challenging to manage effectively. DeFi Ignas, a decentralized finance researcher, analyzed the report and pointed out the Treasury’s limited runway
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Aayush Jindal, a prominent figure in the financial markets, has amassed over 15 years of experience in Forex and cryptocurrency trading. His proficiency in technical analysis has garnered him a reputation as a trusted advisor and senior market expert, guiding investors worldwide through the complexities of modern finance. From a young age, Aayush demonstrated a
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Cardano (ADA) is currently facing a decline in its price, as it nears the crucial support level of $0.3389. The overall cryptocurrency market has been experiencing bearish pressure, impacting ADA as well. This downward trend is influenced by various factors including macroeconomic conditions, market sentiment, and technical indicators signaling weakness in the market. It is
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The XRP price is currently forming a triangle structure on its chart, indicating a possible impending rally. This formation has been historically significant, as it led to a major rally seven years ago. The triangle formation is marked by bullish indicators such as the price closing below its 1W MA50 and 1W MA200. While this