Archives par catégorie: Business

Bitcoin’s Worst Performance Period Ever: Is the Bottom In Sight?

Bitcoin’s Worst Performance Period Ever: Is the Bottom In Sight?

The ongoing bear market in Bitcoin is the longest in the network’s history, Glassnode data shows. According to trackers, the winter started on November 10, 2021, after prices peaked at over $69,000. As of July 18, 2023, BTC is trading at around the $30,000 level, down by almost 55% from its all-time high. However, despite the […]

Chainlink Price Pattern Formation: What It Means For Its Price Action

Chainlink Price Pattern Formation: What It Means For Its Price Action

In recent trading sessions, Chainlink (LINK) has exhibited a bullish trend. It experienced a significant rebound from its $5 support level and has since continued on an upward trajectory. Over the past week, LINK has surged more than 12%, although its daily chart indicates a slowdown in gains. The coin formed a bullish reversal pattern, […]

Ripple Dives Deeper Into Metaverse With $54 Million Investment In Futureverse

Ripple Dives Deeper Into Metaverse With $54 Million Investment In Futureverse

Futureverse, a metaverse infrastructure and content company, has received a $54 million investment round from Ripple and other investors to create an open, scalable, and interoperable infrastructure within the metaverse industry.  The company plans to roll up 11 metaverse infrastructure and content companies into a collaborative ecosystem, providing essential components for constructing any metaverse application. […]

Thodex CEO Sentenced To Prison For Tax Evasion

Thodex CEO Sentenced To Prison For Tax Evasion

Farouk Fatih Özer, the former CEO of the now-defunct crypto exchange Thodex, has been sentenced to seven months in jail. The executive was convicted for failing to submit the required documents to Turkey’s tax board. Thodex, which was once a prominent crypto exchange in Turkey, experienced an abrupt closure, leading its CEO, Farouk Fatih Özer, […]

ARK Invest CEO Says Firm Is Still Bullish On Coinbase Despite Selling COIN Stocks

ARK Invest CEO Says Firm Is Still Bullish On Coinbase Despite Selling COIN Stocks

Cathie Wood, the CEO of ARK Investment Management, has reaffirmed her bullish stance on Coinbase, one of the leading cryptocurrency exchanges, despite ARK’s recent sale of COIN stocks. Wood’s optimism comes in the wake of Ripple’s partial victory over the Securities and Exchange Commission (SEC) on July 13. This ruling, while not entirely in favor […]

Litecoin Whales Deposit Big To Exchanges, Bearish Sign?

Litecoin Whales Deposit Big To Exchanges, Bearish Sign?

Data shows that Litecoin whales have deposited a large amount of the asset to exchanges during the past day, a sign that may be bearish for LTC. Litecoin Whales Have Made Significant Exchange Inflows In 24 Hours According to data from the cryptocurrency transaction tracker service Whale Alert, several large transfers have taken place on […]

XRP Overtakes Bitcoin In Highest Weekly Trading Volume Following Legal Triumph

XRP Overtakes Bitcoin In Highest Weekly Trading Volume Following Legal Triumph

XRP, the native token of the Ripple network, has reportedly surpassed Bitcoin in trading volume on the weekly average. The digital asset, following a significant legal win last week, now claims 21% of all cryptocurrency trade volume over the last week. This achievement is just one of many in Ripple’s recent journey in the spotlight. […]

Bitcoin’s Realized Cap Nears $400 Billion Despite Price Struggle At $30,000

Bitcoin’s Realized Cap Nears $400 Billion Despite Price Struggle At $30,000

Despite Bitcoin’s current struggle to surpass the $30,000 mark, data analytics firm Glassnode earlier today reported that the asset’s realized capitalization has since been on an upward trajectory, nearing the $400 billion mark. Bitcoin Realized Cap Nears $400 Billion According to Data analytics firm Glassnode, Bitcoin’s Realized Cap is now inching closer to $400 billion, showing […]

Chainlink CCIP Goes Live On Mainnet, LINK Jumps By Nearly 10%

Chainlink CCIP Goes Live On Mainnet, LINK Jumps By Nearly 10%

The Cross-Chain Interoperability Protocol (CCIP), designed for building cross-chain applications and services, has now launched for early access users on the Avalanche, Ethereum, Optimism, and Polygon blockchains. On July 20, the Chainlink protocol will become available to developers across the four blockchains’ testnets and also Arbitrum’s Goerli. As a result of this, the price of […]

This Under-The-Radar Coin Just Beat The Top 100 Cryptocurrencies With 120% Explosion

This Under-The-Radar Coin Just Beat The Top 100 Cryptocurrencies With 120% Explosion

Cryptocurrencies and the gaming industry have a new contender in Rollbit, and it has been making headlines over the past few days thanks to a slew of improvements to its blockchain technology. In a recent development, Rollbit disclosed its most current changes to the platform’s blockchain technology, propelling it to the forefront of the market. […]

XRP Holdings On Bitrue Exchange Surges By 300%

XRP Holdings On Bitrue Exchange Surges By 300%

Over the last week, the XRP token has dominated the headlines following Ripple’s partial court victory over the United States Securities and Exchange Commission (SEC).  On July 13, Judge Analisa Torres of the US District Court of the Southern District of New York ruled that XRP doesn’t qualify as a security leading to a massive […]

Elon Musk Fires Another Tweet – But Did It Lift Dogecoin Price?

Elon Musk Fires Another Tweet – But Did It Lift Dogecoin Price?

Elon Musk has consistently proven to be a pivotal figure in cryptocurrencies, particularly Dogecoin (DOGE), his crypto of choice. His influence on DOGE has been nothing short of remarkable, with any mention or action from him causing significant fluctuations in its price. In the digital currency landscape, where DOGE has struggled to keep pace with […]

Ethereum Price Indicators Suggest A Strong Case For More Downsides

Ethereum Price Indicators Suggest A Strong Case For More Downsides

Ethereum price corrected further lower below the $1,900 level against the US Dollar. ETH is showing bearish signs and might decline further toward $1,825. Ethereum extended its decline and tested the $1,875 level. The price is trading below $1,930 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance […]

LINK Price Prediction: Chainlink Rallies Over 7% As The Bulls Aim $8.8

LINK Price Prediction: Chainlink Rallies Over 7% As The Bulls Aim $8.8

Chainlink’s LINK price is gaining pace above $7.00. The price could rise further if it clears the $7.35 and $7.50 resistance levels. Chainlink token price is showing positive signs and rising from $6.50 against the US dollar. The price is trading above the $7.00 level and the 100 simple moving average (4 hours). There is […]

Bitcoin Price Needs To Clear $30,500 For Hopes of a Fresh Rally

Bitcoin Price Needs To Clear $30,500 For Hopes of a Fresh Rally

Bitcoin price is again moving lower toward the $29,200 level. BTC must surpass $30,500 to attempt a fresh increase in the near term. Bitcoin is showing bearish signs and trading well below the $30,500 zone. The price is trading below $30,300 and the 100 hourly Simple moving average. There is a key bearish trend line […]

Ethereum Four Straight Days Down: Bullish or Bearish?

Ethereum Four Straight Days Down: Bullish or Bearish?

While most crypto market watchers remain focused on Bitcoin’s ongoing struggle with $31,000, Ethereum recently closed above the psychologically important $2000 level for the first time in weeks. Now poised to close lower for four straight days, let’s take an evidence-based approach and determine whether four consecutive days lower for Ether is historically bullish or […]