Archives par catégorie: Business

This Machine Learning Tool Was Asked To Predict XRP Price, Here’s What It Said

This Machine Learning Tool Was Asked To Predict XRP Price, Here’s What It Said

XRP has been one of the trending tokens following the summary judgment which ruled that the token was not a security, giving its parent company, Ripple, a ‘partial victory’ over the United States Securities and Exchange Commission (SEC). That event saw XRP’s price soar to about $0.93.  However, XRP’s price seems to have cooled off, […]

AI Tokens Record Lowest Weekly Volume Since January – A Sign Of Waning Interest?

AI Tokens Record Lowest Weekly Volume Since January – A Sign Of Waning Interest?

AI (artificial intelligence) tokens were one of the most promising assets in the cryptocurrency market at the beginning of 2023. One of the major drivers of this was the launch of ChatGPT – an AI-based chatbot – in late 2022, which propelled some AI-related cryptocurrencies to substantial gains. However, the interest in this set of […]

Tether (USDT) Market Cap Reaches New Peak, Edges Toward $84 Billion Mark

Tether (USDT) Market Cap Reaches New Peak, Edges Toward $84 Billion Mark

Tether USDT has seen its market cap value reach new highs in the month of July. According to a report by on-chain analytics company Into The Block, the world’s largest stablecoin is steadily approaching the key $84 billion mark. Based on data from DeFiLlama, USDT’s market cap is up by over $480 million since the […]

CryptoPunks Toughness Tested As NFT Succumbs To 60% Drop In 1 Week

CryptoPunks Toughness Tested As NFT Succumbs To 60% Drop In 1 Week

Non-fungible tokens continue to play a significant role in developing the Web3 ecosystem, despite the enthusiasm around them having subsided since its peak in 2021. Unquestionably, these distinctive digital assets have been a significant force behind the NFT transformations that have taken place. Despite the wide variety of NFT collections and their accomplishments, it is […]

Traders’ Interest In XRP Remains Solid Despite Price Retreat, Data Shows

Traders’ Interest In XRP Remains Solid Despite Price Retreat, Data Shows

The enduring allure of XRP, despite market volatility, may be evidence of its continued relevance, as it has continued to attract the interest of traders and investors equally. Even as the dust settles after Ripple’s recent victory jubilation, the cryptocurrency market remains keen on XRP. Kaiko, a provider of market data on digital assets, reports […]

Casper (CSPR) Spikes 15% Following Key Partnership – What’s Next?

Casper (CSPR) Spikes 15% Following Key Partnership – What’s Next?

Casper (CSPR) has been making significant strides in the cryptocurrency market, attracting attention with its aim to accelerate enterprise and developer adoption of blockchain technology. As a live proof-of-stake blockchain built off the Casper CBC specification, Casper offers unique features and growth potential, drawing interest from investors and enthusiasts alike. In the past week, there […]

Cup And Handle Pattern Emerges In XRP Chart: What Does It Mean?

Cup And Handle Pattern Emerges In XRP Chart: What Does It Mean?

Despite a favorable ruling as a non-security token, XRP had experienced a correction for over a week and a half, losing bullish momentum after reaching a yearly high of $0.94. It is trading above the $0.70 mark, with the $0.66 level acting as a support. Over the past 24 hours, XRP has exhibited sideways trading […]

Cardano (ADA) Price Remains Muted Despite Significant Milestones, Why?

Cardano (ADA) Price Remains Muted Despite Significant Milestones, Why?

Cardano (ADA) has been at the forefront of network development over the last few months. This continued commitment to further development on the blockchain has led to the network hitting multiple new milestones. However, the price of ADA has remained stagnant, so what’s going on? Latest Achievements For Cardano The year 2023 has been a […]

Why Worldcoin (WLD) And PEPE Dominate The Crypto Market Trends This Week

Why Worldcoin (WLD) And PEPE Dominate The Crypto Market Trends This Week

Worldcoin and its native token WLD have been taking the attention of crypto investors, according to recent data from Coingecko. The project recently announced its worldwide launch inviting users to “visit the orb” and receive rewards by onboarding the platform. WLD has doubled its value from its launch on July 24th, when the cryptocurrency was […]

XRP Ledger’s L2 Smart Contract Development Reaches Key Stage

XRP Ledger’s L2 Smart Contract Development Reaches Key Stage

Evernode, the XRP Ledger (XRPL) Layer 2 platform, has shared a series of updates on its journey toward launch, offering insights into its progress and the challenges it has faced. XRP Ledger Layer 2 Platform Audit Scheduled For Mid-August Evernode is a Layer 2 platform that seeks to bring smart contracts to the XRP Ledger […]

Stanford MBA Explains Why Next Bitcoin Cycle Could Be “Bigger”

Stanford MBA Explains Why Next Bitcoin Cycle Could Be “Bigger”

A Stanford MBA has explained why the current Bitcoin cycle was different from the others, and why the next one could end up being bigger. This Bitcoin Cycle Faced Obstacles That May Not Be There Next Time A “cycle” for Bitcoin refers to the period between two consecutive halvings. The halvings, events where the rewards […]

Bitcoin Whales Make Alarming Deposits To Exchanges Amid Falling Prices

Bitcoin Whales Make Alarming Deposits To Exchanges Amid Falling Prices

It would appear that Bitcoin whales are shifting their BTC into exchanges at an alarming rate, which is a warning that they may be getting ready to liquidate their holdings. Recent on-chain data shows that Bitcoin whale exchange deposits reached $275 million in a single day as the cryptocurrency continues to struggle to cross over […]

Data Shows: Bitcoin Traders Going Long, Blast Above $30,000 Looming?

Data Shows: Bitcoin Traders Going Long, Blast Above $30,000 Looming?

Bitcoin continues to trade sideways during today’s trading session, holding the line draw for the past few weeks. Recent data shows that the cryptocurrency has been recording “crab-like” price action in the short term, but operators favor the long side of their trades. As of this writing, Bitcoin trades at $29,700 with a 0.7% loss […]

Ripple Attorney Withdraws From SEC Lawsuit, Will It Affect XRP?

Ripple Attorney Withdraws From SEC Lawsuit, Will It Affect XRP?

A recent development in the ongoing showdown between the United States Securities and Exchange Commission (SEC) has seen the withdrawal of another Ripple attorney from the lawsuit, recent court filings reveal. This comes after a motion was filed earlier in the month for Anna R. Gressel to withdraw as attorney of defendant Ripple Labs. This […]

VC Firm Sequoia Capital Slashes Crypto Fund By 65% Amid Bear Market

VC Firm Sequoia Capital Slashes Crypto Fund By 65% Amid Bear Market

Just over a year after launching its crypto fund, venture capital firm Sequoia is now rolling back its investments and taking more of a more careful approach. The firm was making some serious waves when it launched its crypto fund last year in February, signaling that crypto was ready for mainstream VC backing. But now […]

Why This Billionaire Continues To Advocate For Bitcoin Amid Surging US Debt?

Why This Billionaire Continues To Advocate For Bitcoin Amid Surging US Debt?

Bitcoin (BTC) has continued to occupy center stage, drawing varied reactions from different financial pundits. One of these voices is billionaire investor Mike Novogratz, who has yet again reiterated his support for the top cryptocurrency despite the unsettling dynamics in the United States economy. The Growing Concern: Skyrocketing Interest Payments The US is currently experiencing […]

Bitcoin Set To Accelerate As A Store Of Value In Wake Of Bank Collapses, Cathie Wood

Bitcoin Set To Accelerate As A Store Of Value In Wake Of Bank Collapses, Cathie Wood

ARK Invest CEO and crypto proponent Cathie Wood says that Bitcoin is set to grow massively as a store of value following the recent bank collapses. She believes that Bitcoin’s stability and a huge rally in the wake of US regional banks collapsing is a major testament to the fact that Bitcoin is the future […]

DeFi Protocol Sparks Speculation Of $16 Million Rug Pull After Severing Lines of Communication

DeFi Protocol Sparks Speculation Of $16 Million Rug Pull After Severing Lines of Communication

DeFi protocol, Hector Network, has closed its official Discord server, leaving many investors in the dark. The move comes amidst growing suspicions of a $16 million rug pull engineered through a so-called hard rug, a process where funds are quickly moved, leaving investors with shitcoins. This comes after a controversial rage-quit vote organized by the […]