Archives par catégorie: Business

Polygon (MATIC) enthusiasts remain undeterred as they continue to push the price of the digital asset higher despite a prevailing bearish market structure, While the higher timeframe structure paints a bearish picture, buyers have been steadily driving prices upwards.  At the time of writing, MATIC is priced at $0.541671 on CoinGecko, marking a 2% gain […]

Dogecoin enthusiasts are buzzing with anticipation following recent developments at X, the platform previously known as Twitter. As part of its ambitious expansion to enhance its “Everything app”, X is introducing a range of payment integrations, and with Elon Musk at the helm, many speculate that Dogecoin could be among the supported cryptocurrencies. Linda Yaccarino, […]

Polkadot’s DOT is recovering higher from the $3.92 support against the US Dollar. The price could gain pace if it clears the $4.20 and $4.35 resistance levels. DOT is slowly moving higher above the $4.05 resistance zone against the US Dollar. The price is trading just above the $4.15 zone and the 100 simple moving […]

CoinEx, a cryptocurrency exchange, has announced plans to resume its deposit and withdrawal services. The crypto platform was forced to shut down operations after roughly $70 million worth of cryptocurrencies were drained from its hot wallets a week ago. On Saturday, September 16, the CoinEx team offered an update on their investigation, which showed that […]

Ethereum price corrected lower from the $1,670 resistance against the US Dollar. ETH could take a major hit if it breaks the $1,600 support. Ethereum started a bearish wave from the $1,660 resistance. The price is trading below $1,640 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance […]

Bitcoin (BTC) held by leading crypto exchanges like Coinbase, Binance, and Kraken are near a six-year low, CryptoQuant data on September 20 reveals. The contraction was recorded when the broader market steadied after posting sharp losses in the better part of August and the first half of September. As of September 20, BTC prices are […]

Polygon (MATIC) zkEVM, a zero-knowledge scaling solution designed to be compatible with the Ethereum Virtual Machine (EVM), has achieved a significant milestone by completing its first upgrade.  The upgrade, known as the Dragonfruit Upgrade, marks a significant step forward for Polygon zkEVM since its launch in mainnet beta in March 2023. Polygon zkEVM Implements Key […]

Bitcoin price is struggling to clear the $27,500 resistance. BTC is slowly moving lower and might revisit the $26,200 support zone in the coming sessions. Bitcoin is still struggling to clear the $27,500 resistance. The price is trading above $26,800 and the 100 hourly Simple moving average. There is a key bullish trend line forming […]

On-chain data reveals that whales and new wallets are scooping more Maker (MKR), which seems to be propping the token, fanning demand. As of September, MKR is one of the top-performing tokens, adding roughly 120% in three months from June 2023 lows. When writing, MKR is changing hands above $1,300 and inching closer to July 2023 highs. […]

Ethereum (ETH), a significant player in the crypto space, has recently come under scrutiny due to some concerning on-chain activities. Notably, the number of addresses holding significant amounts of Ethereum has declined, and some long-term holders appear to be liquidating their positions, potentially posing threats to Ethereum’s value. Whale Watch: A Steep Decline In Ethereum […]

Shiba Inu could be gearing up for a rally after a metric has flashed bullish. This metric has to do with the recently launched Shibarium network whose usage is continuing to rise rapidly. This time around, the Ethereum Layer 2 blockchain has seen a significant surge in the number of new verified contracts. Verified Contracts […]

Huobi Global, a prominent cryptocurrency exchange, is at risk as investments in the staked USDT (stUSDT) project soar to $1.8 billion. The project, spearheaded by crypto entrepreneur Justin Sun, promises 5% returns tied to low-risk securities like government bonds.  However, according to a Bloomberg report, Huobi’s heavy involvement in the project raises concerns about the […]

Ethereum’s price may have been dealt a massive blow as a research report on the Ethereum valuation has revealed that the cryptocurrency giant has been trading below its fair price. Ethereum Trading Value Slips A new on-chain research report has delved deep into the fair value of the Ethereum cryptocurrency since its inception, segregating the […]

In a highly anticipated announcement for the overall cryptocurrency market and Bitcoin (BTC), the Federal Reserve (Fed) opted to maintain interest rates at their current level, ranging between 5.25% and 5.5%.  The decision aligns with market expectations and signals a continuation of the Fed’s existing policy stance. While the interest rate decision had no immediate […]

Here’s what the Bitcoin network fundamentals have to say regarding whether the cryptocurrency could see a bull run soon or not. Monthly Average Bitcoin New Addresses Have Shot Up Recently In a new post on X, analyst Ali discussed the possibility of a bull run starting soon for the cryptocurrency. According to the analyst, “a […]

Chainlink (LINK) has caught the attention of crypto analyst Rekt Capital, who has offered an optimistic outlook for LINK. In a new price prediction, he suggested that the decentralized oracle network is on the verge of a significant recovery. Rekt Capital, a prominent figure in the crypto community, took to the social media platform X […]

On the back of its partial victory against the US Securities and Exchange Commission (SEC), Grayscale has applied to the Commission for another Ethereum Futures Exchange-Traded Fund (ETF). Why Another ETH Futures ETF? According to a report by the Wall Street Journal (WSJ), Grayscale Investments filed this application on September 20. This development may come […]

TON has gained 1% today, September 20. It trades at $2.47 with a 30% seven-day price increase. Also, TON’s price gains confirm the entrance of buyers and an accumulation phase, which will likely continue to push the rally. TON’s price gains in the past week are likely a result of its integration with Telegram. This […]

Bitcoin might not be able to observe any extended runs of bullish momentum until this on-chain indicator reverses its trend. Stablecoin Whale Supply Has Dropped To Lowest In Six Months During the past few days, Bitcoin has registered some rise and has managed to breach the $27,000 level. The asset has, however, been unable to […]

Bitcoin price is back above $27,000 per coin after holding firm at $25,000 for a second time. If price fails to move below support and makes another run for resistance, bulls might finally buck the downtrend with a powerful, measured move to $42,000. Recapping 2023 Using Classical Technical Analysis Methods 2023 thus far has been […]