Archives par catégorie: Business

Bitcoin Falls Below $40,000 Trimming The Gains From US Crypto Order

Bitcoin Falls Below $40,000 Trimming The Gains From US Crypto Order

On Thursday, the cryptocurrency market experienced another roller-coaster day, with some coins declining. One such example is Bitcoin which fell 5.9% to $39,432 when writing these words. The bitcoin market is still bearish, with prices dipping below $40,000 today. This comes after a slew of positive news about US President Joe Biden’s executive order that […]

A Race For The Truth: Fantom Vs. Rekt, What Went Down

A Race For The Truth: Fantom Vs. Rekt, What Went Down

A recently taken down investigation by Rekt News about the Fantom Foundation dug into several moves that could point to a lack of transparency from the DeFi platform. The article had called it “an elaborate scheme,” but apparently failed to approach the subject with enough accuracy. 1-2 hours after publishing the piece, Rekt deleted it […]

Bitcoin Jumps To $40k As Putin Sees “Positive Movement” In Negotiations

Bitcoin Jumps To $40k As Putin Sees “Positive Movement” In Negotiations

Bitcoin has reclaimed the $40,000 mark in the last hour, following indications of progress in discussions between and Ukraine amid the ongoing conflict. Russian President Vladimir Putin stated that “positive movement” was being made in the negotiations on a “daily basis.” Russia is facing penalties from Western countries, among others, as world leaders criticize the […]

Gloomy Crypto Future? Book Author Warns We’re In The Biggest Bubble In History

Gloomy Crypto Future? Book Author Warns We’re In The Biggest Bubble In History

Famous “Rich Dad, Poor Dad” author Robert Kiyosaki has predicted a bleak future for the economy and the crypto market. He says we live in the largest bubble in human history — with stocks, real estate, commodities, and oil all experiencing bubbles. Kiyosaki added that hyperinflation and despair are on the table as well. Crypto […]

Massive Amount Of ‘Sleeping’ Bitcoin Moved After More Than 11 Years In Hibernation

Massive Amount Of ‘Sleeping’ Bitcoin Moved After More Than 11 Years In Hibernation

A large sum of money from a “Sleeping” Bitcoin was transferred after being dormant for more than a decade. Since the crisis between Russia and Ukraine and heightened pessimism about the future of the global economy, cryptocurrency values have been volatile. On Thursday, bitcoin’s price surged to a high of $42,592, after a two-day low […]

TA: Ethereum Restarts Decline, Can Bulls Save The Day

TA: Ethereum Restarts Decline, Can Bulls Save The Day

Ethereum extended decline below the $2,600 support zone against the US Dollar. ETH price could even retest $2,445, where the bulls might appear. Ethereum remained in a bearish zone below the $2,650 support. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a key bearish trend line forming […]

TA: Bitcoin Key Indicators Suggest Strengthening Case For More Downsides

TA: Bitcoin Key Indicators Suggest Strengthening Case For More Downsides

Bitcoin gained bearish momentum below $40,000 against the US Dollar. BTC is at risk of more downsides towards the $37,200 and $36,600 levels. Bitcoin started another decline below the $40,000 and $39,000 levels. The price is trading below $39,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with […]

Michael Saylor Praises Bitcoin’s Scarcity, Says Gold Is A Commodity

Michael Saylor Praises Bitcoin’s Scarcity, Says Gold Is A Commodity

CEO of MicroStrategy Michael Saylor remains one of the most vocal supporters of bitcoin. Countless times in the past, Saylor has always lauded the benefits of the digital asset, which he says is the best investment. His convictions are shared by his firm which remains the publicly traded company with the largest bitcoin holdings in […]

Why Whales Push Shiba Inu Transactions To Record Highs, While Nearly 2M Hold SHIB

Why Whales Push Shiba Inu Transactions To Record Highs, While Nearly 2M Hold SHIB

After a 10,000% profit over the past year, Shiba Inu (SHIB) trends to the downside with the rest of the crypto market. The meme coin had a surge driven by retail investors looking to ride the rally but has been unable to recover after a long period of persistent selling pressure. Related Reading | Can […]

USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?

USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?

On-chain data shows the USDC exchange inflow has spiked up. Historically, stablecoins have provided dry powder for kicking off new Bitcoin rallies. USDC Exchange Inflow Sharply Rose To High Values Recently As explained by an analyst in a CryptoQuant post, almost one billion USDC has flowed into exchanges recently. Past pattern suggests this may lead […]

Bitcoin’s Biden Spike Gone, Price Reverses Following 8% Gain

Bitcoin’s Biden Spike Gone, Price Reverses Following 8% Gain

Bitcoin (BTC) has retraced significantly today, a day after recording an 8% gain in response to President Biden’s executive order. Bitcoin, like the rest of the crypto market, is under pressure, falling more than 5% and falling below $40,000 levels. Bitcoin is currently trading at $39,324 with a market worth of $745 billion as of […]

Ethereum Crosses $5 Billion In ETH Burned As Momentum Picks Up

Ethereum Crosses $5 Billion In ETH Burned As Momentum Picks Up

Ethereum implemented the EIP-1559 in 2021 and since then, ETH has been burned every day. This upgrade has pushed the network towards becoming deflationary, taking more than 30% that would have gone straight into circulation and burning it. Now, only seven months after the upgrade was implemented, the network has reached another milestone of ETH […]

How Secretum Plans To Take Over NFT Gaming

How Secretum Plans To Take Over NFT Gaming

NFTs have become the newest, hottest, and most powerful trend of the gaming world since the long-gone era of Pong and Galaxy Game. Gamers worldwide, for the first time, can now make real money with play-to-earn (P2E) gaming, and in-game assets (characters, land, tools, and more) have been turned into tradable tokens with actual monetary […]

How to Buy XRP | Where, How and Why

How to Buy XRP | Where, How and Why

Ripple (XRP) is a  digital payment system and currency exchange network that can process transactions worldwide. It’s a global payments network, with major banks and financial services as its customers. The idea behind Ripple is to serve as a payment settlement asset exchange and remittance system, similar to the SWIFT system for international money and […]

South Korea Has A New President – And He Likes Crypto

South Korea Has A New President – And He Likes Crypto

Yoon Suk-Yeol, a conservative presidential contender, has officially been elected as the new president of South Korea. According to news reports, Yoon of the People Power Party defeated his politically progressive opponent, Lee Jae-Myung, by less than 1%. In South Korea, cryptocurrency dominated the election discourse, with both candidates launching NFTs connected to their campaigns. […]

Bitcoin On Course To Hit $100K Nine Months From Now, Bitbull CEO Predicts

Bitcoin On Course To Hit $100K Nine Months From Now, Bitbull CEO Predicts

Even in times of war, the intrigue and enigma that have always surrounded Bitcoin – the world’s most sought-after digital asset – still hog the headlines. In cases like these, Russia’s protracted invasion of Ukraine has put the entire cryptocurrency market to the test multiple times over. Despite a decline in the price of Bitcoin […]