Archives par catégorie: Business

Dogecoin Tanks After Gaining Momentum, Will It Mark New Gains?

Dogecoin Tanks After Gaining Momentum, Will It Mark New Gains?

The CEO of Tesla Inc., Elon Musk, is a strong proponent of Dogecoin, the leading meme coin. The influence of Musk has created a substantial impact on both DOGE and its community. In the crypto space, the majority of the trending and significant assets strive with the support of some strong proponents. If a proponent […]

Shiba Inu: How This Newly Found Support Will Boost SHIB Price This Week

Shiba Inu: How This Newly Found Support Will Boost SHIB Price This Week

Shiba Inu, a meme crypto like the Dogecoin, was the fastest growing digital coin of 2021. The rate at which the asset grew was mind blowing, especially after it recorded a 46,000,000% price increase. Shiba Inu’s trading price is now its resistance marker SHIB token now priced at $0.00001118 The meme crypto is forecasted to […]

Ethereum OI Hits $7.7 Billion, Why A Rally Might Be In The Works

Ethereum OI Hits $7.7 Billion, Why A Rally Might Be In The Works

Ethereum open interest (OI) had seen a meteoric rise in the weeks leading up to the Ethereum Merge. Even after the Merge, the open interest has not declined, given all of the new interest from institutional investors following the network’s move to a proof of work mechanism. This time around, the Ethereum open interest has […]

Bitcoin Leverage Ratio Hits New ATH, Market In For A Rough Ride?

Bitcoin Leverage Ratio Hits New ATH, Market In For A Rough Ride?

On-chain data shows the Bitcoin leverage ratio has surged up to a new all-time high, suggesting the market could be heading towards high volatility. Bitcoin All Exchanges Estimated Leverage Ratio Sets New ATH As pointed out by a CryptoQuant post, the funding rate has remained neutral while the leverage has increased in the market. The […]

Ethereum Drops To $1,300 Amid Bear Assault, What’s Next For ETH Price?

Ethereum Drops To $1,300 Amid Bear Assault, What’s Next For ETH Price?

Ethereum has been following the general trend in the crypto market, giving back its profit obtained over the past week. The cryptocurrency was moving in tandem with Bitcoin and large cryptocurrencies, but now ETH’s price is reacting to new economic data published in the United States. At the time of writing, Ethereum trades at $1,300 […]

Binance Hacker Put Millions Of New BNB In Circulation, What Does This Mean For Price?

Binance Hacker Put Millions Of New BNB In Circulation, What Does This Mean For Price?

In the early hours of Friday, news broke that a hacker had been able to successfully exploit the BNB Chain. However, unlike decentralized finance (DeFi) hacks that have become prominent in the crypto market, the hacker did not steal user funds. They had actually brought new BNB coins into circulation, in what would be one […]

Bitcoin Crashes To $19,600 And Takes Long Liquidity, BTC Ready For A Bounce?

Bitcoin Crashes To $19,600 And Takes Long Liquidity, BTC Ready For A Bounce?

Bitcoin is retracing after a rejection north of critical resistance at around $20,000 and might be gearing up for a fresh leg down into its final support level. The crypto was seeing some profits earlier this week, but any bullish momentum has been wiped out by macroeconomic forces. At the time of writing, Bitcoin (BTC) […]

Shiba Predator Cracks Double-digit Gains, How Far Can Price Go?

Shiba Predator Cracks Double-digit Gains, How Far Can Price Go?

QOM price continues with strong momentum after a breakout with double-digit gains for holders.  QOM trades just above key resistance as price ranges above 8 and 20-day EMA. The price of QOM struggles to flip key resistance into support.  Shiba Predator (QOM), a recently loved memecoin on the Ethereum (ETH) network, is tipped to outperform […]

Everything We Know About Binance Chain Being Suspended and What to Expect

Everything We Know About Binance Chain Being Suspended and What to Expect

What does Binance Chain being temporarily suspended mean for you and what comes next? Read on to find out. Transactions on the BNB chain, also known as Binance Smart Chain (BSC), have been temporarily suspended today. This was after researchers and network participants noticed unusual activity coming from a whale wallet holding more than $500M […]

This Little Known DeFi Token Is Attracting Investors – Find Out Here

This Little Known DeFi Token Is Attracting Investors – Find Out Here

This DeFi token, which only ranks 138th among cryptocurrencies according to total market capitalization, is starting to make some real loud noise in the crypto space this ‘Uptober.’ Even though the market continues to struggle to recover from its dismal September performance, SUSHI – the native token of SushiSwap – is making impressive leaps over […]

Bitcoin Struggles To Retain The $20,000 Mark While ENS Protocol Gains

Bitcoin Struggles To Retain The $20,000 Mark While ENS Protocol Gains

In the past two days, Bitcoin triumphantly hit the critical level of $20K. This sudden push from the primary crypto asset was after hovering between $18K and $24K regions for some months. But following the effects of some macroeconomic factors, the price of BTC was rounding the $19K region. This year has been the toughest […]

Bitcoin Cash Price: Investors Must Avoid These Levels To Prevent Losses

Bitcoin Cash Price: Investors Must Avoid These Levels To Prevent Losses

Investors, who are keeping a close eye on Bitcoin Cash and want to avoid losses, should steer clear of these crucial price points. As of this writing, Bitcoin is still showing a little bit of bullishness, despite losing a few digits from its price. BTC retreated below the $20K mark, and now trades at $19,998, […]

Hedera: Investors Should Check Out These Data Before Buying HBAR

Hedera: Investors Should Check Out These Data Before Buying HBAR

Hedera shows lots of potential, despite some major hiccups lately. Investors will be better equipped if they examine some key data before acquiring HBAR. Here’s a quick look at some important numbers: HBAR currently trades at $0.05798 Trading volume currently at $36.2 million Hedera circulating supply at 22.97% Hedera is a new and revolutionary open-sourced […]

BNB Chain Halts Operations Following Massive Exploit

BNB Chain Halts Operations Following Massive Exploit

Binance’s signature Binance Smart Chain is the latest to suffer from an exploit, and the chain is “temporarily paused,” according to the official BNB Chain Twitter account and Binance’s CZ. Early hours following the hack look to show 2M BNB, or over $500M at time of publishing, through the Binance Bridge. Furthermore, many have criticized […]

Cardano TVL Plummets To 8 Month Low, No Vasil Hardfork Positive Effect

Cardano TVL Plummets To 8 Month Low, No Vasil Hardfork Positive Effect

Cardano has suffered a significant drop in its total staked volume since its March 2022 peak. The proof-of-stake blockchain has lost over 76% of its total value locked in the past eight months. The decline is alarming, given the decentralized crypto project’s recent Vasil hardfork.  The Cardano community welcomed the Vasil upgrade with high expectations. […]

Wash Trading Dominates Bitcoin Volume, What Does This Mean For Price?

Wash Trading Dominates Bitcoin Volume, What Does This Mean For Price?

The daily bitcoin trading volumes come out into billions of dollars every day, with hundreds of thousands of daily transactions being carried out. It is one of the reasons why bitcoin draws the most investors, given such high trading volume and good depth across all exchanges. However, some on-chain analyzers have been diving into the […]