Archives par catégorie: Business

Bitcoin aSOPR Fails Retest Of Historical Bull-Bear Junction

Bitcoin aSOPR Fails Retest Of Historical Bull-Bear Junction

On-chain data shows the Bitcoin aSOPR indicator has found resistance at the historical junction between bull and bear markets. Bitcoin aSOPR Fails Retest Of The “Value=1” Line As pointed out by an analyst in a CryptoQuant post, the BTC aSOPR has been rejected from the breakeven mark recently. The “Spent Output Profit Ratio” (or SOPR […]

Ethereum Merge Scheduled For September 15/16, ETH’s Price Skyrockets

Ethereum Merge Scheduled For September 15/16, ETH’s Price Skyrockets

Ethereum is moving higher over today’s trading session and seems to be targeting previous levels about the $2,000 mark. The cryptocurrency soars as “The Merge” becomes imminent and backs the bullish sentiment across the market. At the time of writing, ETH’s price trades at $1,900 with a 3% profit in the last 24 hours and […]

Polygon Maintains Solid Footing As MATIC Balloons By 300% Since June

Polygon Maintains Solid Footing As MATIC Balloons By 300% Since June

Polygon (MATIC) price prediction relies heavily on the CPI numbers for July. Polygon price soared by 125% since July 1; Analysts spotted a rally of 68% catapulting to an 85% boost in terms of profit. MATIC price has overlapped targets found in the $1.25 mark; retracement is still a possibility at $0.64. A break below […]

Is The Bitcoin Surge Due To An External Reason? What The Data Suggests

Is The Bitcoin Surge Due To An External Reason? What The Data Suggests

The world’s first and largest cryptocurrency is making gallant steps towards the greens in a recent outturn of events. Bitcoin is experiencing a sharp rise in price within its market. Recent trading activities got BTC’s price to hit the $24,000 mark. This creates a positive record for the top cryptocurrency across the industry. Though Bitcoin […]

AVAX Holds Steady And Sets Sights On $50 Barrier Breach

AVAX Holds Steady And Sets Sights On $50 Barrier Breach

Avalanche (AVAX) price may be a point of interest for many analysts especially since the gaming token is exhibiting formidable strength amid a bear market. AVAX price reveals a consistent ramping activity combined with a rise in price. Avalanche RSI reveals a breach on the overbought zone. High probability of breach can occur at the […]

Component NFTs Are The Next Big Thing, And Cradles Will Lead The Way

Component NFTs Are The Next Big Thing, And Cradles Will Lead The Way

Non-fungible tokens or NFTs have never been more popular, thanks largely to the interest and exposure of the last couple of years, particularly in the art and collectible scene. It has also enjoyed great success in the same period within the blockchain gaming sector. While the technology itself has been around since at least 2016, […]

Glassnode Report Shows Bitcoin And Ethereum Derivatives Gain Massive Traction

Glassnode Report Shows Bitcoin And Ethereum Derivatives Gain Massive Traction

The 2022 crypto winter seems to be one of the most severe bearish trends in cryptocurrency history. This saw the entire crypto market cut down by over 50% in value since the beginning of the year. Also, the situation in the crypto market got worse with the collapse of the Terra-LUNA ecosystem. However, the crypto […]

Cardano Tests $0.51 Support – Can ADA Reach Safe Zone And Hit $0.67?

Cardano Tests $0.51 Support – Can ADA Reach Safe Zone And Hit $0.67?

Cardano spikes by 5% as seen on the daily price chart Bulls likely to touch bullish triangle from $0.67 to $0.69 ADA at risk of retreating to $0.50 Cardano (ADA) price is looking straightforward bullish today bouncing back from yesterday’s dip. However, the price isn’t completely out of risk. ADA plunged to roughly $0.5067 yesterday […]

Latest Report Shows Ethereum Whales Buy 312 Billion SHIB During Crypto Winter

Latest Report Shows Ethereum Whales Buy 312 Billion SHIB During Crypto Winter

The broader crypto market had shown positive progress in price within the last week, including meme coins like Dogecoin and SHIB. However, its performance over the past 24 hours speaks otherwise. The market recorded a 3.30% downward price trend within 24 hours. While several other tokens are displaying negative moves due to the sudden change, […]

How to Add Polygon to MetaMask [The Ultimate Guide 2022]

How to Add Polygon to MetaMask [The Ultimate Guide 2022]

MetaMask is a free web and mobile crypto wallet with over ten million active monthly users. MetaMask was launched in 2016 to provide support for the Ethereum network, allowing users to store and swap cryptocurrencies, host a rich suite of decentralized applications like yield farming protocols and NFT marketplaces, token swap applications, and play blockchain-based […]

How to Buy Universe.xyz [The Ultimate Guide 2022]

How to Buy Universe.xyz [The Ultimate Guide 2022]

Universe.xyz was created by artists for artists, aiming to empower artists to mint a single NFT or an entire Collection and monetize those Collections. Read on to learn all the relevant information about the Universe.xyz to help you make an informed investment decision. Scroll down for our step-by-step guide on where and how to buy […]

TA: Bitcoin Price Surges 6%, Why Recent Breakout Looks Real

TA: Bitcoin Price Surges 6%, Why Recent Breakout Looks Real

Bitcoin price found support above $22,500 and surged over 6% against the US Dollar. BTC broke many hurdles and might rise further towards the $25,000 resistance. Bitcoin started a fresh increase after it found strong bids above $22,500. The price is now trading above the $23,500 level and the 100 hourly simple moving average. There […]

Ethereum L2 TVL Enjoys 284% Growth In The Past Month Ahead Of Goerli Merge

Ethereum L2 TVL Enjoys 284% Growth In The Past Month Ahead Of Goerli Merge

Total value locked (TVL) on Optimism, a layer-2 scaling solution for the Ethereum blockchain, has increased 284% in the last month, according to data from DefiLlama. Users lending and borrowing assets on Aave through Optimism’s layer-2 chain make up the vast majority of TVL. Ethereum Optimism TVL Surges In anticipation of The Merge update, which […]

Bitcoin Surge Towards $24k As CPI Report Show Inflation Cooling

Bitcoin Surge Towards $24k As CPI Report Show Inflation Cooling

Bitcoin surged after July’s CPI data showed that inflation has started to decline after several months of record-breaking rates. Similar to earlier instances, the price of bitcoin climbed close to $24,000. CPI Report Boost Bitcoin Price According to the Consumer Price Index report (CPI) that the U.S. Bureau of Labor and Statistics released on Wednesday, […]