Archives par catégorie: Business

Shiba Inu Enters Accumulation Zone Amid 493% In Shibarium Transaction Fees

Shiba Inu Enters Accumulation Zone Amid 493% In Shibarium Transaction Fees

The current Shiba Inu price action might be leaving some investors wanting, particularly as the crypto has now extended its 30-day losses by over 30%. However, recent on-chain data and technical analysis indicate that the patience is about to pay off. To be more specific, the current price downturn has seen Shiba Inu entering the […]

True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares

True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares

Recent data from CoinShares points to a significant shift in investor sentiment regarding Bitcoin, marked by a substantial $544.1 million net outflow from US spot Bitcoin ETFs in the last week. According to James Butterfill, a leading analyst at CoinShares, this significant amount of outflow highlights a “true correction is underway” as this trend extends […]

Bitcoin Whales Switching To Risk-Off Mode After $61,000 Crash

Bitcoin Whales Switching To Risk-Off Mode After $61,000 Crash

On-chain data shows the Bitcoin whales have been dialing back risk on derivatives exchanges following the latest downturn in the cryptocurrency. Bitcoin Inter-Exchange Flow Pulse Has Just Turned Red As explained by CryptoQuant founder and CEO Ki Young Ju in a new post on X, the Bitcoin Inter-Exchange Flow Pulse is now giving a red […]

Solana Developer Shares “Big News” That Could Send The SOL Price Flying

Solana Developer Shares “Big News” That Could Send The SOL Price Flying

Mert Mumtaz, CEO of Solana’s development platform Helius Labs, recently shared “big news” that presents a bullish outlook for the Solana ecosystem. This development could also positively impact Solana’s price, which has recently been on a downtrend.  A New Dawn For Solana Mumtaz mentioned in an X (formerly Twitter) post that “ZK compression” is being […]

Ethereum Set For $5,000? ETH Open Interest Expanding On CME Ahead Of Spot ETFs Trading

Ethereum Set For $5,000? ETH Open Interest Expanding On CME Ahead Of Spot ETFs Trading

Ethereum is tracking lower when writing, sinking roughly 18% from March 2024 highs. Even though bears appear to be in control at spot rates, keeping the second most valuable coin below $3,700, confidence is high among analysts. ETH Futures Open Interest Rising On CME Taking to X, one of them noted that there are solid […]

Bitcoin Crash To $61,000 Drives 24-Hour Crypto Liquidations Toward $300 Million

Bitcoin Crash To $61,000 Drives 24-Hour Crypto Liquidations Toward $300 Million

Early on Monday morning, the Bitcoin price crashed another 5% to drop to the $61,000 level. This drop, which was very sudden, has taken investors by surprise, triggering a massive wave of liquidations. As the volume continues to rise, the crypto liquidation figures have barreled toward $300 million in just 24 hours alone. 91,000 Crypto […]

Solana Slides 13% – Can It Recover Despite Analyst’s $1,000 Prediction?

Solana Slides 13% – Can It Recover Despite Analyst’s $1,000 Prediction?

Solana (SOL) has been caught in the crypto current, tossed back and forth by recent market volatility. After an impressive rally earlier in 2024, SOL has dipped by 13% over the past week, leaving investors wondering what lies ahead. Technical analyst, Patel, believes he may have charted a course for the high-speed blockchain’s future, and […]

Bitcoin Bears Target $60,000 Level As Price Continue To Decline

Bitcoin Bears Target $60,000 Level As Price Continue To Decline

Bitcoin is currently experiencing a notable decline, with its price steadily approaching the crucial $60,000 mark. The market sentiment has turned increasingly bearish, driven by a combination of macroeconomic factors and a recent surge in selling pressure.  This shift has seen Bitcoin struggling to maintain higher levels, triggering anxiety among investors and traders. As the […]

Will Ethereum Skyrocket? Crypto Analyst Predicts $6,000 By September

Will Ethereum Skyrocket? Crypto Analyst Predicts $6,000 By September

Popular crypto analyst degentrading (@degentradingLSD) has made a bold prediction that Ethereum will reach $6,000 by September 2024. This prediction comes in response to an analysis by Mechanism Capital founder Andrew Kang, who expects Ethereum to underperform despite the imminent launch of US spot Ethereum ETFs. Andrew Kang’s analysis projects a continued downtrend for ETHBTC, […]

Toncoin On Fire: Crypto Explodes To All-Time High – Can It Hit $10?

Toncoin On Fire: Crypto Explodes To All-Time High – Can It Hit $10?

Telegram-backed Toncoin (TON) has been the talk of the crypto town lately, its price soaring to a record-breaking $8.15 before settling around $7.60. This dramatic rise, coupled with technical indicators flashing both caution and bullish signals, has investors on the edge of their seats, wondering: is this a short-lived party or the beginning of a […]

Solana (SOL) Dives Nearly 10%: Market Reactions and Future Outlook

Solana (SOL) Dives Nearly 10%: Market Reactions and Future Outlook

Solana failed to climb above the $135 resistance. SOL price started another decline, dropping nearly 10%, and now the bears aim for more downsides. SOL price remained in a bearish zone below the $142 resistance against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a […]

Ethereum Price Trims Gains as Bitcoin Slump Drags Crypto Market

Ethereum Price Trims Gains as Bitcoin Slump Drags Crypto Market

Ethereum price struggled to climb above the $3,550 resistance and trimmed gains. ETH gained bearish momentum alongside Bitcoin and tested the $3,385 zone. Ethereum is trimming gains from the $3,550 resistance zone. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near […]

XRP Bears In Control: Understanding the Sustained Bearish Sentiment

XRP Bears In Control: Understanding the Sustained Bearish Sentiment

XRP price struggled to recover above the $0.4880 resistance zone. The price is moving lower and the bears might aim for a move toward $0.4550. XRP price faced another rejection near the $0.4880 resistance zone. The price is now trading below $0.4850 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line […]

Bitcoin Price Takes a Plunge: Analyzing the Sudden Drop

Bitcoin Price Takes a Plunge: Analyzing the Sudden Drop

Bitcoin price started another decline after it struggled near $64,550. BTC declined below the $63,500 support and might continue to move down. Bitcoin started a fresh decline from the $64,550 resistance level. The price is trading below $63,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance […]

Forget The Dip! XRP Primed For Epic Rally To $36, Expert Claims

Forget The Dip! XRP Primed For Epic Rally To $36, Expert Claims

The price of XRP, the native token of RippleNet, has been caught in the crosshairs of a bearish crypto market. Currently trading below the crucial $0.50 mark, XRP seems to be following the broader market trend. However, a recent analysis by market analyst Tylie Eric throws a glimmer of hope for XRP holders, predicting a […]

XRP 6-Year Trendline Draws To A Close, Analyst Predicts 1,400% Rally To $7.5

XRP 6-Year Trendline Draws To A Close, Analyst Predicts 1,400% Rally To $7.5

As the major pieces begin to fall into place, XRP may now be in a position where things are going well for its future price trajectory. While XRP enthusiasts are still reeling in amazement over Ripple’s recent win in court, a crypto analyst has dropped a bullish XRP price prediction that investors can look forward […]

19 Million Chainlink Tokens Transferred To Exchanges – More Downside For LINK Price?

19 Million Chainlink Tokens Transferred To Exchanges – More Downside For LINK Price?

The cryptocurrency market witnessed severe bearish pressure over the past week, and the price of Chainlink (LINK) wasn’t an exception. The altcoin has continued to struggle with its torrid form, losing nearly 10% of its value in the last seven days. Interestingly, the bears seem to still be in control at the moment, with the […]

Don’t Miss The Floki FOMO: Social Media Sends Meme Coin On 300% Rip

Don’t Miss The Floki FOMO: Social Media Sends Meme Coin On 300% Rip

Floki, the self-proclaimed Dogecoin rival with a Shiba Inu mascot, is shaking off recent market jitters with a surge in social media buzz and exciting ecosystem developments. While the broader cryptocurrency market remains volatile, Floki appears to be carving its own path, fueled by a passionate online community and strategic expansion plans. Floki TA Shows […]

Ethereum (ETH) Records Surge In Active Addresses – Incoming Price Rebound?

Ethereum (ETH) Records Surge In Active Addresses – Incoming Price Rebound?

Ethereum (ETH) is currently down by 0.75% as its price continues a range-bound movement seen all week. However, in its monthly timeframe, the most prominent altcoin displays a concerning performance with a reported loss of 6.40% according to data from CoinMarketCap.  However, popular crypto analyst Ali Martinez has picked up a notable development on the […]