Archives par catégorie: Business

Fantom (FTM) has been underperforming in the past few months, shedding virtually all the profits gained at the beginning of the year. However, the bulls seem to be back in control, as the cryptocurrency price indicates increased buying pressure. Related Reading: Bitcoin Price Breaks Above $30,000: Is The Bull Run Back On? Fantom Price Jumps […]

Core Scientific, a prominent Bitcoin mining company, has recently made headlines as it filed for Chapter 11 bankruptcy protection. The move comes as the crypto industry grapples with the enduring effects of the ongoing crypto winter, impacting various firms in the sector.  Core Scientific’s decision to seek bankruptcy protection is part of its strategy to […]

Bitcoin (BTC), the largest cryptocurrency in the market, has demonstrated a strong shift in investor sentiment. Over the past 24 hours, BTC has surged by an impressive 9%, currently trading at $29,300.  However, Bitcoin still faces significant hurdles, with a resistance line placed at $29,500, as well as a key psychological level at $30,000 that […]

Bitcoin is finally showing some green over the past week as the cryptocurrency rose from the mid-area of its current levels. The number one crypto by market cap seems poised to extend its rally, can it finally break from its current range? As of this writing, Bitcoin (BTC) trades at $29,000 with an 8% profit […]

At present, the price of Solana (SOL) is showing signs of recovery from a corrective phase. However, to sustain the momentum, it is crucial for SOL to surpass a significant resistance level. In the past 24 hours, SOL has experienced a 4% increase in value. Over the course of the past week, the altcoin has […]

On-chain data shows that derivative exchanges have observed elevated activity as Bitcoin has rallied towards the $29,000 level. Bitcoin Spot Vs Derivative Trading Volume Ratio Has Been Quite Low Recently As pointed out by an analyst in a CryptoQuant post, the latest price increase is mainly driven by the derivatives. The indicator of interest here […]

The crypto market is currently on a rebound, with several assets recording little gains in the last few hours. Conflux (CFX), one of the trendiest assets of 2023, has gained by 20.17% in the last 24 hours, emerging as the second biggest daily gainer, according to CoinMarketCap data. Prior to its price boost yesterday, Conflux […]

The crypto market entered an upward trajectory in the past 24 hours, with most coins, including Bitcoin Cash (BCH), making notable price moves. Speculations and anticipation around BlackRock’s spot BTC application, and the recent WisdomTree and Invesco filing, could be driving the surge. Also, the just-launched Wall Street-backed crypto exchange EDX must have contributed, to […]

Several United States asset managers have sought the US Securities and Exchange Commission’s (SEC) blessing to start a spot Bitcoin exchange-traded fund (ETF). However, companies like WisdomTree, Grayscale, and One River Asset Management only received the SEC’s rejection. However, the SEC’s denial didn’t deter WisdomTree as a June 21 Bloomberg report revealed that the asset […]

Bitcoin price is back above $30,000 for the second time in 2023, with bulls hoping it not only holds this time, but leads to renewed confidence in the crypto market. Is this a sign the bear market is over and the bull run is back on? Or is this just a bear market rally that […]

The price of MATIC has experienced an increase in recent trading sessions, surpassing its important support level. In the past 24 hours, the MATIC price has risen by approximately 6%. However, when considering the weekly chart, the altcoin has not shown significant value growth. The technical outlook for MATIC remains bearish, indicating negative sentiment. Both […]

Data shows the Bitcoin investor sentiment has turned to greed for the first time since May as the asset’s price has shot up towards the $29,000 level. Bitcoin Fear & Greed Index Is Pointing At “Greed” Now The “Fear & Greed Index” is an indicator that tells us about the general sentiment among the investors […]

The crypto market has been thrown into a euphoric state over the last 24 hours as the price of Bitcoin has surged once more. In its latest run, the digital asset was able to retest the $29,000 resistance before being rejected but continues to hold up nicely above $28,000. This time around, dominance from US […]

The dynamics of the crypto market never cease to enthrall, with bullish rallies and bearish downturns coloring the landscape. Yet, deciphering the key factors to ignite the next Bitcoin (BTC) bull run is no easy task. However, Nansen, a leading cryptocurrency analytics firm, recently voiced its perspective on this subject. In a report published on […]

Bitcoin investors are currently experiencing a déjà vu. As has happened several times in the past, the recent Tether FUD has once again marked the local bottom for the BTC price. At the same time, euphoria and greed have returned to the market. And there are several good reasons for this. BlackRock has applied for […]

Shiba Inu (SHIB) has recently experienced a significant breakthrough in its price movement. With a 10% rally, SHIB managed to surpass a crucial resistance point that had been hindering its upward momentum. This achievement has sparked excitement among SHIB investors and the wider cryptocurrency community. After a period of consolidation, Shiba Inu broke through the […]

On June 16, TUSD supply surged by 52%! The difficulties the dollar-pegged token economy was facing were recently brought to light when significant redemptions caused its market valuation to drop to a 20-month low. Binance’s dominance in TUSD holdings: Top 10 wallets control 83.31% of the circulating supply. Multiple wallets under Binance’s control: Wallets holding […]

ApeCoin (APE) has experienced a notable slump throughout the second quarter of this year. As the digital currency landscape continues to evolve, investors and enthusiasts have been closely monitoring the token’s performance, eagerly awaiting signs of a potential turnaround.  With concerns mounting, many are left wondering: is there a silver lining ahead for ApeCoin, or […]

The Bitcoin price has been experiencing a sharp rally since last Thursday, when BlackRock filed its application for a Bitcoin spot ETF. Since hitting its local low of $24,819 right along the Tether FUD, the BTC price has risen by over 16% since the BlackRock news broke. Bitcoin Hits $138,070 On Binance US However, this […]

Root Network is poised to address the interoperability issue between the XRP Ledger and the Ethereum Virtual Machine (EVM), simultaneously providing incentives in the form of XRP rewards to validators and stakers. Root Network introduces XRP rewards for validators and stakers. Root Network enables users to pay gas fees in XRP, promoting a seamless token […]