Archives par catégorie: Business

XRP achieves yet another milestone with its recent approval of derivative contracts particularly designed for institutional investors on the San Francisco-based cryptocurrency exchange Coinbase. XRP Milestone Could Spark A Bullish Run Due to XRP’s recent milestone, Wall Street expert Linda Jones believes that the token is very bullish following the increase in interest from institutional […]

Solana (SOL) has witnessed an impressive resurgence, climbing to $25.46, marking a remarkable 10% rally in the past 24 hours. This surge is part of a broader trend, with SOL’s price experiencing a seven-day surge of 19.4%, further solidifying its position as one of the prominent players in the crypto sphere. Solana’s remarkable journey to […]

In the next three days, our team at Bitcoinist will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 to focus on the Metaverse, one of the hottest trends in crypto. During the event, the head of product for MultiversX’s native […]

Shiba Inu (SHIB) has been displaying a bearish structure accompanied by a noticeable capital outflow, leading to a plunge in its value. Despite the prevailing technical indicators, there is a lingering possibility of a short-term range formation.  At present, the critical resistance on the charts is identified at $0.000007. Notably, this level experienced a brief […]

Crypto financial services platform Matrixport has predicted that an approval of a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC) could push the price of Bitcoin between $42,000 and $56,000 per unit. BTC, the world’s largest cryptocurrency, has experienced notable increases in value throughout the current week, with the aim of surpassing […]

Crypto analyst Jaydee recently took to X (formerly Twitter), sharing another intriguing chart of XRP. The analyst presented the 2-month XRP dominance chart spanning from 2014 till today, shedding light on the cryptocurrency’s historical and potential future price actions. This examination brings to focus a falling trend line and a horizontal resistance line, which showcases […]

The XRP price saw an impressive run over the last day after news broke that the US Securities and Exchange Commission (SEC) was dropping its lawsuit against Ripple’s executives. This surge carried on into Friday as the altcoin’s price was able to clear the $0.53. Naturally, there has been a pullback from this price level, […]

Over the course of the past four days, Bitcoin SV (BSV) has witnessed a substantial surge in its price, marking an impressive milestone by reaching its highest point in the last 100 days. Remarkably, within this surge, BSV managed to breach the long-standing $40 horizontal resistance level, which had persisted since the month of July. […]

In a recent development, leading investment bank Morgan Stanley has weighed in on when the lingering Bitcoin bear market is likely to end. Interestingly, they share some similar views with analysts who have made predictions in the past.  Bitcoin Halving A Major Factor In an article released by the investment bank, Morgan Stanley highlighted Bitcoin’s […]

In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, one of the hottest trends in crypto. On day two of the event, the MultiversX team, spearheaded […]

The Bitcoin price has surged to a 2-month high of $29,450 today, reflecting a 3.3% increase within the last 24 hours. While several factors could have contributed to this rally, four principal drivers appear to dominate discussions. #1 Expectations Of A Spot Bitcoin ETF Approval There’s palpable excitement within the community as rumors intensify about […]

Ethereum price managed to stay above the $1,520 support against the US dollar. ETH is rising and might rally if it clears the $1,605 resistance. Ethereum averted more losses below the $1,520 support zone. The price is trading above $1,560 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend […]

XRP price is gaining pace above the $0.50 resistance against the US Dollar. The SEC’s case against Ripple’s executives was dropped, sparking bullish moves. The price started a strong increase above the $0.50 resistance. The price is now trading above $0.505 and the 100 simple moving average (4 hours). There was a break above a […]

Bitcoin price is attempting a fresh increase above $28,500. BTC is eyeing another upside break toward the $30,000 resistance in the near term. Bitcoin found support near $28,150 and started a fresh increase. The price is trading above $28,500 and the 100 hourly Simple moving average. There is a key rising channel forming with resistance […]

The total amount of Ethereum (ETH) staked on Lido Finance, one of the many liquidity staking protocols available, has risen steadily over the past few years. Surprisingly, revenue accrued by the platform (compared to staking rewards distributed) remains comparatively low.  Lido Finance Revenue Isn’t Growing As Fast As Expected Looking at Token Terminal data shared on October […]

As Bitcoin teases the psychological barrier of $30,000, enthusiasts and analysts appear to be closely watching every price movement. The general sentiment so far seems to be not a question of ‘if’ but ‘when’ BTC will make its way past this significant mark. Glassnode founder, aptly named “Negentropic”, recently shed some light on Bitcoin’s current […]

ARK Invest CEO Cathie Wood is no stranger to Bitcoin predictions given that the asset manager has previously said that BTC will go to $500,000 and even reach $1 million. As always, Wood remains steadfast in her Bitcoin predictions, coming out once more with an even more daring figure for the pioneer cryptocurrency. Cathie Wood […]

According to a recent report by the online database platform Messari, the Hedera (HBAR) Network, an open-source, public blockchain governed by the Hedera Governing Council, has showcased significant growth in the face of a challenging crypto market during Q3 2023.  Hedera Network Hits New Record With 99 Million Daily Transactions Per the report, Hedera Network’s […]

USDT, also known as Tether, has become an integral part of cryptocurrency markets since its launch in 2014. Pegged 1:1 to the US dollar, it is the most widely used stablecoin with a market capitalization of over $83 billion as of October 2023. But it is also controversial, with opaque reserves and questions around its […]

Crypto analyst Egrag Crypto has been continuously bullish on the future of the XRP price and the latest prediction proves this. This time around, the crypto analyst is using a rare Bent Fork Pattern to back up his prediction that the XRP price is headed for double-digits. The Rare Bent Fork Pattern Egrag first mentioned […]