Archives par catégorie: Business

Bitcoin ETP Outflows Spell Bearish Sentiment Among Institutional Investors

Bitcoin ETP Outflows Spell Bearish Sentiment Among Institutional Investors

Bitcoin ETPs have become more popular than ever since the SEC approved multiple bitcoin ETPs in the fourth quarter of 2021. They had subsequently had a good run with hundreds of millions of dollars flowing into these ETPs. They provided a way for institutional investors and others who didn’t want any direct exposure to the […]

Bitcoin Long Squeeze Incoming? Funding Rates Surge Up

Bitcoin Long Squeeze Incoming? Funding Rates Surge Up

On-chain data shows the Bitcoin funding rates have observed a rise again, suggesting that another long squeeze may be in store for the crypto. Bitcoin Funding Rates Show Relatively High Positive Value As explained by an analyst in a CryptoQaunt post, the current positive funding rates may mean the price could observe a decline soon. […]

Cardano Prepares For Major Update, Will It Be Enough To Push Bears Back?

Cardano Prepares For Major Update, Will It Be Enough To Push Bears Back?

The Cardano network is preparing for its upcoming Hard Fork Combinator (HFC) event “Vasil”. The cryptocurrency has been undergoing several updates and optimizations but continues to follow the general market sentiment. Related Reading | ADA On Discount? Cardano Whales Go On $200M Shopping Spree In fact, Cardano (ADA) price has been trending downside since the end […]

PrimeXBT vs. Gate.io vs. eToro: The Best Opportunities For Traders And Passive Investors

PrimeXBT vs. Gate.io vs. eToro: The Best Opportunities For Traders And Passive Investors

As the crypto market grows and enjoys broader participation from the global investment community, the products and services offered must be increasingly competitive, easy to use, and more robust by the day. Not only must there be many options for active traders and investors, but today there also must be plenty to satisfy the appetite […]

One Coin, Two Trades: Why Bitcoin Futures And Spot Signals Don’t Match Up

One Coin, Two Trades: Why Bitcoin Futures And Spot Signals Don’t Match Up

Bitcoin price bounced to the tune of 5% following yesterday’s Federal Reserve meeting. However, the move has almost fully retraced. What’s interesting about the situation, is that traders at one particular platform could have seen this coming a lot more clearly, while others might have suffered a fake out. Here is a closer look at […]

Snoop Dogg, Clay Nation & Cardano Come Together On The Blockchain

Snoop Dogg, Clay Nation & Cardano Come Together On The Blockchain

Legendary rapper and new owner of Death Row Records Snoop Dogg launched an NFT collaboration with an exclusive metaverse project on the Cardano blockchain early this week in hopes to start his first formal metaverse play with a bang. Related Reading | Institutional Investors Exit Market As Crypto Declines, New Report Reveals Snoop Dogg & […]

Crypto Spotlight: ViaBTC’s Strategic Partner SAI.TECH Goes Public on Nasdaq

Crypto Spotlight: ViaBTC’s Strategic Partner SAI.TECH Goes Public on Nasdaq

ViaBTC’s strategic partner SAI.TECH Global Corporation (“SAI.TECH” or “SAI”),  a clean-energy-driven Bitcoin mining operator with leading energy-saving solutions to the computing, power, and heating industry, officially listed on Nasdaq on May 2, 2022 (EST). The Class A ordinary shares and warrants of SAI commenced trading on the Nasdaq Stock Market on May 2, 2022, under […]

TA: Ethereum Regains Strength But $3K Is Still A Major Hurdle

TA: Ethereum Regains Strength But $3K Is Still A Major Hurdle

Ethereum started a decent increase above the $2,920 resistance against the US Dollar. ETH must clear $2,980 and $3,000 to continue higher in the near term. Ethereum started a steady recovery wave above the $2,900 resistance. The price is now trading above $2,900 and the 100 hourly simple moving average. There is a major bullish […]

The Nightly Mint: Daily NFT Recap

The Nightly Mint: Daily NFT Recap

The NFT ecosystem had a quieter day on Wednesday, but there is always action to cover. Shanghai residents are minting NFTs to shed light on current conditions, and there’s drama in a non-Ethereum blockchain NFT marketplace that is causing rifts. Let’s dive into these latest stories from Wednesday’s activity. The Nightly Mint Latest Mint: Shanghai […]

Institutional Investors Exit Market As Crypto Declines, New Report Reveals

Institutional Investors Exit Market As Crypto Declines, New Report Reveals

Following the failure of the crypto market to return to its former glory, institutional investors are fleeing in droves. The market has seen a large outflow of institutional cash in recent weeks, according to multiple sources. Coinshares made the figure surrounding the conversation available a few days ago in a recent update. Investors Leave Market […]

TA: Bitcoin Price Breakout Suggests A Short-term Trend Change

TA: Bitcoin Price Breakout Suggests A Short-term Trend Change

Bitcoin gained pace above the $39,000 resistance against the US Dollar. BTC even tested $40,000 and might continue to rise in the near term. Bitcoin started a decent increase above the $38,800 and $39,000 resistance levels. The price is now trading above $39,000 and the 100 hourly simple moving average. There was a break above […]

Amidst A New Development Algorand Could Be Eyeing $1

Amidst A New Development Algorand Could Be Eyeing $1

Algorand is currently bullish on its chart at the time of writing. Fifa’s governing body announced Algorand to be the official blockchain partner of the World Cup competition. It is set to happen in November. Ever since that announcement, the coin displayed positive price action. After the coin fell through its long-standing support line of […]

Bitcoin Could See 10% Jump, As Volatility Drops To 18-Month Low

Bitcoin Could See 10% Jump, As Volatility Drops To 18-Month Low

After its third-largest weekly fall in over a year, the Bitcoin (BTC) price has finally began to rise. BTC’s price has effectively rebounded from the important support level of $37,500, despite an impending Federal Reserve rate hike. Bitcoin Poised For 10% Jump Various analysts, like The Wolf of All Streets, Michael van de Poppe, and […]

Bitcoin Institutional Outflows Near One-Year Highs, More Downside Coming?

Bitcoin Institutional Outflows Near One-Year Highs, More Downside Coming?

With the price of bitcoin still trading below $40,000, institutional inflows into the digital asset have slowed significantly. This has now flowed into other digital assets in the space. But what is most significant is the outflow rate which has neared one-year lows. Bitcoin Outflows Grows For the past couple of weeks, the rate at […]