Sui Name Service (SuiNS) enables blockchain users to register human-readable web3 names, ensuring secure, seamless transactions and a user-friendly on-chain identity.

Some people have no trouble remembering new cell phone numbers, and there are even a select few among us who wouldn't find it hard to memorize a 16-digit bank card number. However, very few people would choose to tackle the job of reliably recalling an alphanumeric blockchain address. Network addresses on 

 (ETH) are 42 characters long, while on the 

 (SUI) blockchain they span 66. These complex and length addresses are virtually impossible for most users to remember, and are among the least user-friendly features of 

 networks. Not only are long blockchain addresses distinctly user-unfriendly, but they also lead to many instances of wrongly executed transactions due to incorrectly input characters. 

Sui Name Service (NS), a solution on the Sui blockchain, has been specifically designed to tackle this problem. The service allows users to create human-readable and easy-to-remember web3 names linked to their underlying blockchain addresses. Using SuiNS, you can transact within web3 using your preferred username and, optionally, an avatar, rather than a long, complex blockchain address.

 (NS), or simply SuiNS, is a decentralized naming service that allows you to create and use a human-readable, user-friendly web3 handle to interact with the blockchain environment, instead of using a typical long and complicated network address. 

At the underlying level, your SuiNS name is linked to your blockchain address, but all the interaction and operations on the chain happen via your registered name.

SuiNS was first conceptualized and launched in 2022, inspired by the popular 

 (ENS). In many ways, SuiNS and ENS are similar, the obvious difference being that each one applies to its own respective blockchain environment. In May 2023, SuiNS was introduced on the Sui blockchain's newly launched mainnet. The service was developed and is supported by Mysten Labs, the development studio behind the Sui blockchain project. Since the beginning of the Sui blockchain's conceptualization, SuiNS has been among the core projects of the entire Sui ecosystem. As of late November 2024, SuiNS has managed to achieve the remarkable milestone of having registered nearly 330,000 names.

Using SuiNS, you can register your preferred username (as long as it's not been taken) for one year by paying a registration fee, currently charged in SUI coins. The name can be renewed at expiration for up to five years. All interactions with the blockchain environment through your wallet use your preferred username, rather than your blockchain address.

SuiNS names can be between 3 and 63 characters. Users can check the availability of their preferred handle and register it using the 

, where a lookup textbox is prominently displayed. Shorter names cost more than longer handles. As of the time of this writing (Nov 21, 2024), a three-character-long name costs 500 SUI ($1,785) and a four-character name will cost 100 SUI ($357), while names with five or more characters are priced at 20 SUI ($71.40).

A SuiNS name can only be registered for one year, but it can be renewed for up to four years (excluding the initial registration year). There's a 30-day grace period after the expiration of your SuiNS name, during which you may still renew it. If you don't renew during the grace period, your registered name will be up for grabs by anyone on the market. Optionally, you can buy an NFT avatar linked to your SuiNS name.

 (DApp) ecosystem on the Sui blockchain. Developers can use off-chain remote procedure calls (RPCs) to integrate the Sui service into their application environments. They can also take advantage of the native, on-chain SuiNS SDK to interact with the service.

Thanks to SuiNS, you can enjoy short, comprehensible names for your own address, as well as the addresses of the parties with whom you transact (if they also sign up for the service). No more forgettable string combinations that are hard to read and virtually impossible to remember!

However, a SuiNS name isn't just a tool of convenience. It also represents your decentralized identity on-chain. The identity is fully owned by you, the user, rather than by a centralized entity.

SuiNS minimizes the likelihood of lost assets due to sending funds to the wrong address: short, easy-to-remember names are way less prone to incorrectly executed transactions than standard blockchain addresses.

Security is also among the benefits of SuiNS. The service runs on the Sui chain, which prides itself on developing and enforcing high-grade security standards. Among these are 

, a framework that maintains a list of malicious websites and on-chain assets, thus protecting the Sui ecosystem from 

 launched by these known nefarious entities.

The SuiNS service launched its native token, NS, on Nov 14, 2024. Initially, NS is envisioned to support 

 processes on the platform, and will also be used for purchasing and trading SuiNS names. Currently, names are traded using SUI, the blockchain's native cryptocurrency. It's likely that NS will replace SUI in this capacity in the near future. The project team has also hinted that there could be additional uses for the NS token beyond governance and payment for SuiNS names. More announcements on this issue are likely to follow.

During the initial phase of the token's existence, governance will be its most prominent function. Holders of NS will be able to vote on important issues concerning the protocol's rules and future direction. One NS equals one vote, with more NS tokens giving you a greater say in the overall decision-making process. You can also increase your voting power by locking your NS tokens for from one to 12 months. For every additional month locked, you obtain 10% voting power. To encourage voting, 5% of the NS token's supply has been allocated for governance rewards. NS is a 

 token, with a total and maximum supply set at 500 million. The token's supply distribution shares are per the chart below.

NS is available on Bybit's Spot market as a swap pair with USDT (

). You can also take advantage of Bybit's campaign dedicated to the token to grab a share of the 

. Three campaign events for eligible users run through Nov 27, 2024, 8AM UTC:

Thanks to Sui Name Service, interacting on-chain has become easier and more user-friendly. However, easy-to-remember names aren't the only benefit: advantages also include lower likelihood of lost funds, better security and a completely decentralized, user-owned identity on-chain. So far, around 330,000 names have been registered, and with the impressive suite of benefits, expect this number to grow as we move with SuiNS into 2025.

Intermediate

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Sui Name Service (NS): Your On-Chain Identity Made Simple

The cryptocurrency market is witnessing an influx of speculative trading, particularly with meme coins like DOGE, PEPE and BONK experiencing extraordinary gains. 

November 2024 has marked a significant milestone for Bitcoin, with its price soaring to $94,105. This unprecedented growth has been driven by global events and heightened social media discussions, with predictions of six-figure valuations. Historically, peaks in social media chatter often precede market corrections, signaling traders to exercise caution. Currently, while whale accumulation remains strong — with wallets holding over 10 Bitcoin adding 53,006 more BTC in just one month — retail traders remain surprisingly cautious. This wary sentiment contrasts sharply with the bullish behavior usually seen during price surges, suggesting a potential correction.

The cryptocurrency market is witnessing an influx of speculative trading, particularly with meme coins like DOGE, PEPE and BONK experiencing extraordinary gains. Despite their volatility, these tokens reflect a broader appetite for high-risk investments. Notably, whale investors holding 1M–100M DOGE are accumulating, while smaller holders are selling, creating conditions for potential breakouts. However, if new capital stops flowing, these speculative assets could face significant downturns. Additionally, while discussions around Bitcoin reaching $100K are increasing, they haven’t reached the levels seen earlier this year, indicating that fear of missing out (FOMO) may not yet be fully realized.

Institutional Interest and Ethereum's Resurgence

Demand for Bitcoin ETFs has surged, with daily trading volumes hitting a record $8.21 billion, signaling increased institutional interest. This activity often coincides with market peaks, but could also indicate new investments flowing into the crypto space. Meanwhile, Ethereum has also gained momentum, breaking above $3,100 for the first time in over 14 weeks. Additionally, whale accumulation is on the rise, suggesting that as Bitcoin leads the market, profits may soon be redirected into Ethereum. In contrast, Solana's price movements remain highly sentiment-driven, with funding rates indicating potential entry points for investors. Overall, altcoins are experiencing growth, particularly following the U.S. elections, which have reignited optimism in the crypto market.

Advanced

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Bitcoin's Resurgence: Analyzing Market Dynamics and Speculative Trends in November 2024

Crypto market makers play a crucial role in providing liquidity by consistently placing buy and sell orders. Learn more about how they work here.

The cryptocurrency market is notorious for its high volatility and sometimes low liquidity, making it a challenging environment for traders and investors. Executing trades can be difficult, often resulting in significant price 

Market making is a strategic approach that provides the necessary liquidity to stabilize markets, ensuring smoother trades and reducing volatility. By creating buy and sell orders around the current market price, market makers help maintain a healthy trading ecosystem. This article examines the fundamentals of market making, its benefits for traders and exchanges and the way it enhances the overall efficiency of the cryptocurrency market.

A crypto market maker is an entity or individual who primarily provides liquidity in cryptocurrency markets by continuously placing buy and sell orders for digital assets. This activity ensures efficient trading and helps maintain stable prices.

Crypto market makers play a key role in keeping markets liquid by continuously placing buy and sell orders on exchanges. Here's a closer look at how they operate.

Key Characteristics of a Crypto Market Maker

Crypto market makers provide liquidity and stabilize prices in the cryptocurrency market. The following are the key traits that enable them to operate effectively.

Market makers continually place buy and sell orders, ensuring the availability of transactions for traders. This constant availability reduces wait times for trades and minimizes the price impact of large orders, making the market more efficient and accessible for everyone.

One of the fundamental roles of market makers is that of managing the bid-ask spread. By consistently quoting competitive prices, they narrow this spread, thereby enhancing trading efficiency and reducing costs for other market participants. This spread is also their primary source of profit.

Market makers leverage advanced algorithms and HFT strategies to analyze market conditions and optimize their order placements. This technology allows them to react swiftly to price changes and maintain a balanced inventory of assets, which helps to manage risk and maximize profitability.

Due to the inherent volatility of cryptocurrency markets, effective risk management is vital for market makers. They employ various techniques, such as hedging and real-time market analysis, to minimize exposure to sudden price swings. This ensures their operations remain stable even in the face of market fluctuations.

By providing continuous liquidity and facilitating smooth trading operations, market makers enhance overall market efficiency. Their presence attracts more traders, which increases transaction volumes, boosts exchange activity and contributes to a healthier trading environment.

Given the quickly evolving nature of the cryptocurrency landscape, market makers must be adaptable, continually refining their strategies in response to new technologies, regulatory changes and shifts in market dynamics. This ensures they remain competitive and relevant.

Crypto market makers play a critical role in the cryptocurrency ecosystem by providing liquidity and stabilizing prices. Despite the integral role they play, however, their operations come with both advantages and disadvantages. 

Additional Importance of a Crypto Market Maker

Crypto market makers play a vital role in maintaining the efficiency and stability of the cryptocurrency market. Their presence on crypto exchanges ensures trading environments operate smoothly. 

Newer and smaller cryptocurrencies often struggle with liquidity. Market makers provide a market for these assets, promoting their growth and creating a more diverse and dynamic crypto ecosystem.

Through continual quoting of prices, market makers aid in fair price discovery, ensuring that cryptocurrency prices reflect actual market demand rather than extreme fluctuations. This promotes a more trustworthy and transparent trading environment that allows traders to make data-backed decisions. 

Crypto market makers are essential players in the cryptocurrency ecosystem, providing liquidity, stabilizing prices and ensuring smooth trade execution. Their use of advanced algorithms and real-time order placements encourages a more efficient, accessible and fair market. However, risks such as market manipulation, potential capital loss and lack of regulation can be problematic. Overall, the role of market makers in supporting emerging assets and maintaining market stability makes them indispensable for a healthy and growing crypto environment.

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Crypto Market Maker: Boosting Trades With Strategic Liquidity

SEC Chair Gary Gensler announced he will resign on January 20, 2025, coinciding with President-elect Donald Trump's inauguration.

The S&P 500 rose 0.53% as investors shifted toward cyclical stocks expected to benefit from a strengthening economy, while technology shares lagged. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 4.79%, with Bitcoin and Ether rising by  4.19% and 8.75%, respectively in the past 24 hours.

Today's top performer is XRP, which surged 24.3% following the partnership between Ripple and MCSocialVenture to boost financial resilience and access in emerging markets.

Ripple (XRP), launched in August 2012, is a blockchain technology company focused on improving international payments with its cryptocurrency, XRP. 

, focused on investing in emerging market entrepreneurs. The initiative will pilot financial resilience and humanitarian solutions built on the XRPL, aiming to advance equitable access to finance.

Check Out the Latest Prices, Charts, and Data of 

 he will resign on January 20, 2025, coinciding with President-elect Donald Trump's inauguration. Gensler, whose term runs until 2026, faced pressure from the crypto lobby due to the SEC’s strict regulatory actions against the industry, including high-profile cases against Coinbase and Binance. Gensler’s departure is seen as a victory for crypto advocates, who hope the next SEC chair will be more crypto-friendly. Trump has hinted at firing Gensler on his first day in office and is expected to appoint a chair with expertise in crypto, such as Mark Uyeda, Hester Peirce, or Chris Giancarlo.

Yesterday, BTC Spot ETF data revealed a net inflow of $396.7 million, driven by $404.5 million from non-GBTC sources, partially offset by a $7.8 million outflow from GBTC..

 for those who participated. To claim, visit 

 using code B0FKOP. Additionally, Morph Zoo Season 2 has launched on mainnet, allowing users to earn points by bridging ETH or executing transactions on Morph. The Bitget Wallet offers a 1.2x multiplier on points to maximize rewards.

Beginner

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SEC Chair Gary Gensler to Resign on Inauguration Day, Marking a Win for Crypto Lobby

Investing

Crypto Investment Guide

Crypto

Crypto fundamental analysis is the first step to formulating a successful trading plan by assessing the asset's intrinsic value. Here's what you must know.

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Investing in cryptocurrencies requires careful research and evaluation of all available metrics. Most projects provide ample information about the purpose of the cryptocurrency, 

, the team behind the project, and its development to date. Using a combination of quantitative and qualitative factors, you can derive a view of cryptos using fundamental analysis. 

A myth among new entrants is that cryptocurrencies cannot be valuated based on fundamental analysis due to high market volatility. However, even though the asset may be subject to the whims of global traders, one can still form an educated opinion on its value.

Understanding fundamental analysis helps you evaluate whether a crypto is worth buying or selling. In this article, we’ll show you how to analyze cryptocurrency using fundamental analysis, including the key factors to consider, and look at how cryptocurrency analysis is different from traditional asset analysis. 

: While a cryptocurrency is a digital token issued by a blockchain project, for this article’s purposes, the terms cryptocurrency, project and token are used interchangeably.

 determines the intrinsic value of an asset, or in other words an objective measure of its worth. Evaluating underlying information about a cryptocurrency project provides guidance on whether it’s undervalued or overvalued as an asset. A cryptocurrency that’s undervalued may present a buying opportunity, whereas one that’s overvalued may indicate it’s time to take profits.

Crypto markets are notoriously volatile. Even established currencies like 

 are subject to sudden fluctuation. Investing in newer cryptocurrencies comes with significant risk unless you understand what you’re investing in. 

Performing fundamental analysis enables non-technical investors and seasoned traders alike to trade market movements with confidence. Armed with fundamental analysis, traders can create informed strategies with better odds of profitability.

Fundamental analysis is distinct from technical analysis, which is typically used by traders and investors who have an interest in forecasting a cryptocurrency’s market direction through the use of 

How Is Crypto Fundamental Analysis Different?

, which is often considered the bible for securities valuation. To this day, investors analyze financial assets using the metrics explained in this classic book. For example, when evaluating stocks quantitatively, you can use earnings per share (EPS) or the price-to-earnings ratio (PE ratio) to determine the intrinsic value of a share.

So far, cryptocurrency isn’t subject to international regulation when it comes to reporting requirements, unlike publicly listed companies that often have to issue quarterly reports using recognized accounting standards. Traditional business metrics, such as liquidity ratios that look at the solvency of conventional companies, are thus irrelevant in the cryptocurrency market. As a result, crypto markets can’t be assessed using the same traditional fundamental analysis indicators used for traditional businesses.

Within crypto markets, all transactions can be publicly “audited” on a blockchain, and the founding team must keep the community informed of their road map. Conceptually, though, investors still need to develop insights into each underlying project. Hence, a different framework has to be set up, with metrics utterly distinct from those used for analyzing traditional markets.

Factors to Consider When Analyzing Crypto Fundamentally

The main goal of cryptocurrency fundamental analysis is to reduce investor risk and evaluate the profit potential of the asset. 

Fundamental analysis can be applied in three broad categories.

 is a valuable resource, providing users with on-chain metrics, or data provided by the blockchain. However, pulling information manually from raw blockchain data can drain time and resources. Fortunately, a range of 

 (APIs) provide tools to empower investment decisions. Leading crypto exchanges have developed reporting tools that provide an abundance of actionable information, such as the number of active users, total transactions and transaction value.

The most fundamental metrics to a cryptocurrency’s fundamental analysis are 

, number of active addresses and transaction count, as well as transaction values and fees. 

Let’s take a closer look at how this data grants trading insights.

Blockchain’s architecture plays a significant role in securing a network, and diving into its data proves to be valuable for cryptocurrency fundamental analysis.

Bitcoin is an example of a cryptocurrency that runs on a 

 (PoW) consensus. PoW blockchains require crypto miners to solve computational puzzles that verify each transaction while preventing 

 control of the blockchain. Should there be a 51% attack, the controlling entity (the network attacker) would have the power to alter or halt other transactions that don’t belong to them, or to 

Hash rate is viewed by many crypto investors as an indicator of the health of the cryptocurrency in question. The higher the hash rate, the more miners are incentivized to mine for profits and the greater the security of the network. Calculating a personal hash rate can also help miners determine their own profitability. 

However, when hash rate begins to decline, miners might begin to find a cryptocurrency unprofitable, leading to “miner capitulation,” which often takes place when markets spiral lower, creating pressure for miners to sell off their hardware. Lower hash rates indicate a loss of interest on the part of investors. 

A cryptocurrency’s current price, transaction volume and fees paid are examples of variables that might affect a mining operation's overall expenses. Direct 

, like electricity and computing power, must also be taken into account.

While hash rate is a valid indicator of the health of PoW blockchains, for 

 (PoS) blockchains (such as Ethereum) the amount of crypto staked is the metric to look at.

 for block validations. Hence, a higher number of staked tokens translates to greater blockchain security.

Another approach is to total the number of unique addresses within predefined periods, and then evaluate the results. 

This metric gives investors a good overview as to whether a cryptocurrency is being consistently used.

A network's activity can be measured by its transaction count. Investors may observe how activity changes over time by plotting the number of transactions for predetermined intervals (or by using 

Please note that this metric needs to be used with caution. We cannot rule out that only one party is transferring money between their own wallets to artificially inflate the on-chain activity, as we’re unable to ascertain the identity of certain active addresses.

Transaction value is a metric that tells investors how much value has been transacted over a certain period of time. For example, if there were five Bitcoin transactions of $250 each, all on the same day, the daily transaction value would be $1,250.

A consistently high transaction value indicates that the cryptocurrency is in steady circulation, while comparisons reveal data concerning potential future market movements.

Within a particular vertical, for example 

, we might see transaction value reducing for one cryptocurrency, but increasing for another. This is a sign that the market is shifting its attention elsewhere, and could signal a potential increase in the cryptocurrency’s price given the demand and activity on it.

Fees reflect the demand on a given blockchain, or how many transactions are paying to be added to the blockchain as quickly as possible. Paid fees can be thought of as bids at an auction: users have to compete with each other to have their transactions executed and included on the blockchain. Those who pay higher fees have their transactions confirmed sooner. Hence, higher fees typically indicate a greater demand from users for their transactions to be included on the blockchain.

Ethereum’s gas is an example of fees paid, but every crypto has its own transaction fees. 

Fees can also give an idea of how secure a cryptocurrency network is. PoW blockchains typically provide a block reward to miners, who help process transactions and maintain the security of a chain. These block rewards are usually made up of the transaction fees. With cryptocurrencies that have a decreasing emission schedule, such as Bitcoin, block rewards are reduced periodically, in an event known as 

When block rewards are reduced, it makes sense to increase transaction fees in order to help miners maintain their profitability. Should the rate of increase in transaction fees not catch up with the reduction in rewards, miners may begin to operate at a loss and choose to drop off the network. This could reduce the security of the cryptocurrency network.

Financial metrics of a cryptocurrency gives a good overview of how well the cryptocurrency might be performing as compared to the past, and also gives insights as to its potential future growth.

Market capitalization is the representation of a network’s value. It can be calculated by multiplying the current price by the supply of the cryptocurrency in circulation. However, 

 can offer misleading valuations if you fail to factor in other metrics, such as liquidity. 

In general, market cap can be used to approximate the growth potential of a cryptocurrency. Some investors believe that cryptocurrencies with lower market cap have greater opportunity for growth compared to those with higher market cap, while others deduce that larger market cap translates to a stronger network effect and infrastructure, which will attract the market’s demand.

Even though forgotten currency, lost wallets and irretrievable keys mean that we’ll never really know precisely how many coins of a given crypto are in circulation, market capitalization offers an approximation for a coin’s network value.

Liquidity is a measure of how easy it is to buy and sell a cryptocurrency. If a cryptocurrency can be bought or sold quickly without drastically altering its market value, its liquidity is considered strong. A liquid cryptocurrency has many buyers and sellers’ orders waiting to be filled. This, in turn, narrows the 

, which is a good measure of liquidity. 

With illiquid markets, the problem faced by investors is an inability to sell the cryptocurrency at a “fair” price. This is because there are hardly any buyers willing to make the trade, which will result in two choices for the investors: they can either lower the price at which they’ll sell the cryptocurrency, or wait for its liquidity to increase. However, note that 

 the cryptocurrency might reduce return on investment over the long term if the price doesn’t increase.

Trading volume is a useful indicator of a cryptocurrency’s ability to sustain momentum. It shows how many units of the cryptocurrency have changed hands over a specific period. If an upward trend in value is backed by a high trading volume, it’s likely that the crypto’s price will continue to increase. Conversely, price fluctuations without significant trading volume may just be blips on the radar. 

 of a cryptocurrency refers to the total number of units in active supply that are publicly accessible. Different from the total supply or the maximum potential supply, the circulating supply isn’t static and can change over time, since cryptocurrencies can be 

The emission schedule is something investors can look at in order to make informed decisions. Some cryptocurrencies are deflationary, with supplies that decrease over time. This is attractive to some investors, as they believe that the reduced supply coupled with increased demand from the market will lead to a price increase. 

On the other hand, cryptocurrencies that may be highly inflationary, leading to a high circulating supply, might make investors wary because the excessive supply could lead to a decrease in price.

Project metrics are used to take a qualitative approach to evaluating the performance of a cryptocurrency. They focus on internal and external factors, such as the purpose of the cryptocurrency and how the project operates.

Project websites typically include a list of their team members, whose collective experience can shed light on whether the group possesses the necessary expertise to see the project through to completion. 

Some of the things that investors may seek from a project’s team include the following:

Background checks can be conducted through networking platforms, such as LinkedIn.

Should a team insist on remaining anonymous, investors have to exercise discretion as to whether they’re deemed sufficiently trustworthy. It’s extremely difficult to track an anonymous team in terms of their developments and background.

The white paper is a technical document that outlines the purpose and operation of a project. It’s the most important of the project’s documents, and should ideally contain the following information:

Examine the white paper with a good dose of skepticism, and look out for third-party reviews about the project that can be shared through platforms such as Discord or Twitter.

Identifying a project’s competitors within its vertical is critical to evaluating the project’s potential. A project may initially seem to be appealing, but this might not be the case when its’ compared to projects of competitors who might have a better team, differentiating product features or higher level of community engagement.

Most cryptocurrency projects have a road map for the future, with a timeline for test nets, releases and newly planned features. The road map should offer a clear outline of future developments. Investors can use it to measure the achievement of milestones, and to determine whether the team is performing according to their plans.

 is the economics of token supply and demand, which drive the value and price of a cryptocurrency. The higher the demand relative to supply, the higher the price. By looking at the token distribution, investors may be able to identify any potential risks. For instance, if only a few people own the vast majority of the supply, they could eventually manipulate the market by dumping all their holdings, causing the crypto’s price to crash.

Tokenomics also includes the incentive structure used to motivate behavior on a network. For example, one prominent tokenomic model that’s been gaining attention is the vote escrow model, in which rewards are used to incentivize crypto users who lock up their cryptocurrency for a period of time. This translates to reduced circulating supply, which plays a part in increasing prices.

The vesting period of a cryptocurrency’s supply must be taken into account. A short vesting period for early investors could result in a situation where they dump a large number of tokens onto the market for profit, leading to the cryptocurrency’s price declining over time.

The utility of a token is something that investors should pay attention to. Some projects create tokens which don’t have much utility. In such cases, the market demand for the token will be low, given that it doesn’t serve a practical purpose. Without market demand for the token, its price is less likely to appreciate.

The team’s development activity can shed light as to whether they’re actively working on the project and are hitting their milestones. Check to see how many contributors there are, and how much activity there is on the project's public GitHub, if it has one. A cryptocurrency whose repository hasn't been updated in two years, or one that gives inconsistent updates, may not be as appealing as one whose development has been consistent.

Quantitative analysis is also a great method for analyzing a cryptocurrency. However, it’s not as helpful in determining its risks, or for aspects that aren’t measurable by a number

Other factors that can come into play in terms of fundamental analysis include government policies, social politics and user behavior.

There have been stricter regulations around cryptocurrencies over the past year amid some of the biggest black swan events, such as the 

 (TORN). This has caused the prices of XRP and TORN to vary significantly based on the ongoing regulatory changes.

As the U.S. government has taken a more active role in clamping down on certain cryptocurrency verticals, an investor will have to evaluate whether the cryptocurrency they wish to invest in might be affected by any negative regulations.

The Covid-19 pandemic gave investors a taste of a truly global crisis and its impact on financial markets. As the pandemic unfolded, all assets, including cryptocurrencies, sold off. 

. Investors took a risk-averse attitude and fled from speculative assets.

In response to this crisis, governments around the world passed trillions of dollars in stimulus packages. As central banks flooded the system with 

, investors turned to cryptocurrencies as a store of value and an inflation hedge. 

Investor behavior is one of the most difficult factors to evaluate. However, recent times have seen users investing based on key opinion leaders (KOLs), typically individuals with a large following on social media platforms including Twitter, Instagram and TikTok. 

How to Analyze a Cryptocurrency Using Fundamental Analysis

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