Archives par catégorie: Business

How Did Shiba Inu Price React To 3 Trillion SHIB Investor Accumulation?

How Did Shiba Inu Price React To 3 Trillion SHIB Investor Accumulation?

Shiba Inu (SHIB) has emerged as a force to be reckoned with in the digital asset landscape despite the lack of significant bullish momentum in the past few weeks. However, recent events have catapulted this canine-inspired cryptocurrency into the spotlight, as an astonishing 3 trillion SHIB tokens were accumulated by investors.  Cryptocurrencies are renowned for […]

Ethereum (ETH) Records Highest CEX Inflows In 2 Months

Ethereum (ETH) Records Highest CEX Inflows In 2 Months

Over the past week, Ethereum (ETH) registered the highest inflows into centralized exchanges (CEX) in the past two months. These significant asset movements have suggested a potential price dip for ETH. CoinGecko data shows that the second-largest cryptocurrency has been experiencing a slight price decline, losing 2.5% of its value in the past week. As […]

Dogecoin Becomes 8th-Largest Cryptocurrency After Adding $1 Billion To Market Cap

Dogecoin Becomes 8th-Largest Cryptocurrency After Adding $1 Billion To Market Cap

Dogecoin continues to cement itself as the largest meme coin by market cap, displaying signs of renewed enthusiasm every so often. This week, the meme-inspired cryptocurrency added over $1 billion to its market cap, making it the 8th-largest crypto. This was a result of Dogecoin’s surge of over 10%, boosting its market cap to more […]

South Park’s Kenny Powers Up: Meme Coin Raises Over $400,000 In Market Cap On Presale

South Park’s Kenny Powers Up: Meme Coin Raises Over $400,000 In Market Cap On Presale

South Park’s Kenny McCormick may be perpetually doomed, but his latest venture in the world of cryptocurrency is anything but. Burn Kenny, the new hilariously irreverent meme coin has raised over $400,000 in market cap on its presale, leaving fans excited for what’s to come.  Inspired by the beloved South Park character, Burn Kenny is […]

Bitfinex Hackers Surrender: Couple Agrees to Forfeit 120,000 Bitcoin in Plea Deal

Bitfinex Hackers Surrender: Couple Agrees to Forfeit 120,000 Bitcoin in Plea Deal

An American couple accused of laundering billions of dollars worth of Bitcoin stolen from the 2016 hacking of virtual currency exchange Bitfinex has entered into a plea agreement, according to court records reported by Reuters.  Heather Morgan, who used the hip-hop alias “Razzlekhan” to push her music online, and her husband Ilya Lichtenstein were arrested […]

Ethereum Daily Users Plunge Amid Declining Network Revenue

Ethereum Daily Users Plunge Amid Declining Network Revenue

The second quarter of 2023 brought significant challenges for the Ethereum network as its revenue experienced a sharp decline. Ethereum network revenue plummeted from $1.27 billion to $847 million during Q2, representing a staggering 33.3% drop.  The network revenue for Ethereum encompasses all transaction fees paid by users to Ether validators, as well as the […]

Coinbase Exchange Tells Borrowers That They Have Four Months To Pay Back

Coinbase Exchange Tells Borrowers That They Have Four Months To Pay Back

Coinbase, America’s largest crypto exchange, is winding down its Borrow program and has given borrowers four months to repay their loans.  Coinbase To Shut Down Borrow Program The Coinbase Borrow program allowed eligible Coinbase customers in certain US states to borrow up to $1 million worth of US dollars by putting up bitcoin or other […]

New Crypto Bill Demands SEC And CFTC To Draft Rules For Trading Platforms

New Crypto Bill Demands SEC And CFTC To Draft Rules For Trading Platforms

Senior House Republicans have officially introduced a bill that seeks to change how crypto markets function in the United States. Republican members of the Agriculture and Financial Services Committees of the United States House have introduced this bill to create a regulatory framework for digital assets. Submitted on July 20, the Financial Innovation and Technology […]

Riding The Ripple Effect: What’s Next For Stellar Lumens (XLM)?

Riding The Ripple Effect: What’s Next For Stellar Lumens (XLM)?

The comeback of the Stellar Lumens (XLM) price keeps going on. In the last 24 hours, XLM has risen by another 15%, bringing the Ripple competitor’s price in line with XRP. Indeed, both tokens have risen by close to 65% (at this stage) since the summary judgment in Ripple’s legal battle with the U.S. Securities […]

Chainlink Holds Strong With 19% Rally – More Gains In The Pipeline?

Chainlink Holds Strong With 19% Rally – More Gains In The Pipeline?

Chainlink (CHAIN) has recently experienced a surge in its short-term price action, delivering considerable gains to its holders. The excitement surrounding this upward momentum has been palpable, but astute observers have noticed some intriguing indications that suggest this hike might not necessarily signify the peak for LINK.  Such a notion is not mere speculation; instead, […]

Maker (MKR) Records Higher Gains As Market Turns Red, What’s Behind It?

Maker (MKR) Records Higher Gains As Market Turns Red, What’s Behind It?

The crypto market swiftly turned bearish from yesterday’s scarcely bullish outlook, and top coins have receded farther from their new-found support. But interestingly, MarkerDao’s MKR appears unperturbed by the market’s gloomy sentiment as MKR soared higher with massive gains, adding over 17% to its value on the day.  MKR Price Outlook Over the last day, the […]

Is The Chainlink Top In? This Metric May Suggest So

Is The Chainlink Top In? This Metric May Suggest So

On-chain data shows that Chainlink’s social dominance has observed a large spike after its sharp price surge, a possible sign that the top may be here. Chainlink Social Dominance Rises To 3rd Largest In Cryptocurrency Sector According to data from the on-chain analytics firm Santiment, LINK is the third most trending asset in the market […]

Solana Boosts Performance With 100% Uptime Record In Q2 2023

Solana Boosts Performance With 100% Uptime Record In Q2 2023

Solana, a key player in the Layer-1 blockchain network domain, has shown a substantial improvement in the network’s uptime and reliability this year, with just one recorded outage so far since the year 2023 began. According to a performance report released by the Solana Foundation on July 20, the network’s stability and performance saw a […]

Dogecoin Sees Positive Price Movement, Bulls Set Crosshair At $0.075

Dogecoin Sees Positive Price Movement, Bulls Set Crosshair At $0.075

Dogecoin (DOGE) is fixated on a crucial juncture in its price trajectory. Having recently faltered at the previous range-high, the cryptocurrency community eagerly awaits to see whether history will repeat itself.  DOGE bulls, ever resilient, have their sights firmly set on re-targeting $0.075 – a level that could signify a significant breakthrough if achieved. As […]

Market Alert: Bitcoin Hash Ribbons Capitulation Triggers Cautionary Outlook

Market Alert: Bitcoin Hash Ribbons Capitulation Triggers Cautionary Outlook

Charles Edwards, the mastermind behind the Bitcoin Hash Ribbons signal and founder of Capriole Investments, has sounded the alarm. The renowned analyst warns that the Hash Ribbons capitulation signal just flashed, a phenomenon that has historically accompanied moments of distress for BTC miners. As outlined by Edwards, Bitcoin’s hash rate had experienced an astonishing and […]

Dogecoin Price Prediction: DOGE Seems Primed For Rally To $0.08

Dogecoin Price Prediction: DOGE Seems Primed For Rally To $0.08

Dogecoin is gaining bullish momentum above the $0.070 resistance against the US Dollar. DOGE could extend its rally toward the $0.080 resistance zone. DOGE is currently showing positive signs above $0.068 resistance against the US dollar. The price is trading well above the $0.070 zone and the 100 simple moving average (4 hours). There is […]

Bitcoin Price Relatively Muted; Resistance Estimated Near $30,400

Bitcoin Price Relatively Muted; Resistance Estimated Near $30,400

Bitcoin price is still consolidating above $29,500. BTC must settle above the $30,400 resistance zone to start a steady increase in the near term. Bitcoin is struggling to clear the $30,000 resistance level. The price is trading below $30,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend […]

Ethereum Price Prediction – Key Risks Warn Against Chasing ETH Higher

Ethereum Price Prediction – Key Risks Warn Against Chasing ETH Higher

Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. ETH could gain bearish momentum if there is a close below $1,875. Ethereum is trading in a range above the $1,875 level. The price is trading below $1,910 and the 100-hourly Simple Moving Average. There is a key rising channel forming with […]