Archives par catégorie: Business

Solana Recovery: Bulls Have To Keep Shielding Against Price Dip To Key Level

Solana Recovery: Bulls Have To Keep Shielding Against Price Dip To Key Level

The Solana price exhibited a bullish trend during the recent trading session, pushing it beyond the $24 mark. It surpassed a key resistance hindering its progress for over a week. Within the last 24 hours, SOL saw a rise of around 6%, with a similar price increase visible on the weekly chart. From a technical […]

Toncoin (TON) Surges As Crypto Market Rebounds, Can Bulls Send The Price To $2?

Toncoin (TON) Surges As Crypto Market Rebounds, Can Bulls Send The Price To $2?

The TON price currently hovers at $1.28, representing a 4.54% price increase in the last 24 hours. Its price gain in the last 7 days stands at 7.58%. Toncoin is likely benefiting from the positive outlook of the global crypto market, standing at $1.18 trillion, representing a 1.42% gain in the last 24 hours. But […]

Cardano False Breakdown: Could It Set The Stage For A 26% Climb?

Cardano False Breakdown: Could It Set The Stage For A 26% Climb?

The recent drop in the price of Cardano (ADA) has raised concerns among investors as it breached the combined support of $0.3 and a crucial support trendline. However, a closer analysis of the daily chart reveals a twist that might offer a glimmer of hope for the cryptocurrency’s recovery. Technical analysis of Cardano’s price movement […]

MakerDAO Debates New EDSR Optimization Plan As MKR Bears Retain Market Control

MakerDAO Debates New EDSR Optimization Plan As MKR Bears Retain Market Control

MakerDAO has been in the headlines recently following a boost in the maximum Dai Savings Rate (DSR) from 3.19% to 8% on Sunday, August 6. This temporary increment termed the Enhanced Dai Savings Rate (EDSR), was designed to encourage more Dai (Maker’s stablecoin) holders to deposit their tokens on the Maker protocol and earn interest. […]

Cardano-Native MuesliSwap To Refund Users After “Slippage” Misunderstanding

Cardano-Native MuesliSwap To Refund Users After “Slippage” Misunderstanding

MuesliSwap, a decentralized exchange (DEX) on the Cardano network, has announced its decision to reimburse its users that have been affected by high slippage over the past year. This is in response to the recent questions faced by the protocol on its slippage feature. Slippage refers to the price difference between when a transaction order […]

Billionaire Investor Wishes He Bought Bitcoin Early On, Here’s Why

Billionaire Investor Wishes He Bought Bitcoin Early On, Here’s Why

As Bitcoin continues to enjoy more mass adoption, many have regretted their decision not to get in earlier on the flagship cryptocurrency. Co-founder of private investment firm The Carlyle Group David Rubenstein joins this long list of individuals as he wishes he had bought BTC early on.  Bitcoin Is Here To Stay Speaking on Bloomberg […]

Cardano (ADA) Next In Line For A Rally Following Shark And Whale Buying Spree

Cardano (ADA) Next In Line For A Rally Following Shark And Whale Buying Spree

Cardano (ADA) has not exactly been the best performer in the last month. Instead, the altcoin’s price has continued to stall even during periods of market recovery. However, this trend could change pretty soon given the current accumulation trend among sharks and whales, something that could take a significant chunk of available supply off the […]

Elon Musk’s Lawyer Files Second Motion To Dismiss Dogecoin Class Action Lawsuit

Elon Musk’s Lawyer Files Second Motion To Dismiss Dogecoin Class Action Lawsuit

In a continued legal battle over a class action lawsuit alleging Dogecoin insider trading, attorney Alex Shapiro, representing Tesla CEO Elon Musk, has once again requested the dismissal of the case. This motion marks the second attempt by Musk’s legal team to put an end to the ongoing litigation, and as the legal battle escalates, […]

Aptos Labs’ Collaboration With Microsoft Sends APT Soaring By 17%

Aptos Labs’ Collaboration With Microsoft Sends APT Soaring By 17%

Aptos Labs and Microsoft have announced a strategic partnership to showcase the convergence of artificial intelligence (A.I.) and blockchain technologies.  Aptos Labs, a leading blockchain developer, and Microsoft, a key backer of A.I. advancements through OpenAI, are joining forces to create the innovative Aptos Assistant, a ChatGPT-powered chatbot designed to provide users and developers with […]

Bitcoin Open Interest Hits Peak Since FTX Crash: What It Means

Bitcoin Open Interest Hits Peak Since FTX Crash: What It Means

In a market that has been relatively quiet for weeks, Bitcoin (BTC) has suddenly sprung to life, with its Futures Open Interest (OI) reaching levels not seen since the FTX crash. Open Interest, a metric that measures the total number of outstanding futures that have not been settled, provides a glimpse into the trading activity […]

Bitcoin Longs Could Precipitate Plunge To $28,000, This Chart Urges Caution

Bitcoin Longs Could Precipitate Plunge To $28,000, This Chart Urges Caution

After a week of moving sideways, the Bitcoin price is finally experiencing some action; bulls are pushing for the most immediate critical resistance. The increasing uncertainty in the macroeconomic landscape supports the spike in price action, but optimist operators might have been too fast at jumping to their positions. As of this writing, Bitcoin trades […]

A Long Con: CoinsPaid Says Systems Were Under Attack For Six Months

A Long Con: CoinsPaid Says Systems Were Under Attack For Six Months

In a new report, Estonia’s preeminent crypto payment and personal wallet provider, CoinsPaid, has revealed the intricate workings of a hacking incident that led to a colossal loss of $37 million. This audacious breach was reportedly the culmination of a six-month saga marked by calculated maneuvers and sophisticated tactics, orchestrated by none other than the […]

BlackRock Insiders Give A Timeline For When The First Spot Bitcoin ETF Will Be Approved

BlackRock Insiders Give A Timeline For When The First Spot Bitcoin ETF Will Be Approved

BlackRock and multiple other fund managers filed for Spot Bitcoin ETFs back in June. Since then, speculations have abounded regarding if the United States Securities and Exchange Commission (SEC) will approve the first Spot Bitcoin ETF given its track record. But according to insiders, the first approval may not be far off. Approval Coming Soon […]

Bitcoin Retraces Back From $30,000 As Profit Taking Spikes

Bitcoin Retraces Back From $30,000 As Profit Taking Spikes

Bitcoin had surged above $30,000 earlier during the past day but has since observed a retrace as profit-taking from traders has spiked. Bitcoin Profit-Taking Volume Is Currently More Than Twice The Loss-Taking One Bitcoin showed some promising signs of breaking away from its stagnation earlier during the past 24-hour period, as the cryptocurrency’s price managed […]

Bitcoin Price Losses Steam Above $30K But The Bulls Are Not Done Yet

Bitcoin Price Losses Steam Above $30K But The Bulls Are Not Done Yet

Bitcoin price climbed above the $29,500 resistance. BTC spiked above $30,000 and is currently consolidating gains above a connecting trend line. Bitcoin is showing positive signs above the $29,500 pivot level. The price is trading above $29,550 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near […]

XRP Price: Breaking This Key Resistance Could Propel Crypto To $21 By 2025 – Analyst

XRP Price: Breaking This Key Resistance Could Propel Crypto To $21 By 2025 – Analyst

XRP is capturing the attention of traders and investors as it approaches a critical juncture on the price charts. Crypto analyst CoinsKid has highlighted the potential for a significant price surge if XRP manages to overcome a crucial technical barrier.  The concept at play here is the so-called Fibonacci retracement level, a powerful tool used […]

Rock And Roll: Rollbit Coin Dominates Top 100 Crypto Ranking With 130% Gain

Rock And Roll: Rollbit Coin Dominates Top 100 Crypto Ranking With 130% Gain

Rollbit (RLB) deviated from the prevailing norms typically observed in cryptocurrency initiatives, deliberately and noticeably distinguishing itself. Instead of following the conventional practice of allocating a substantial amount of their coin supply for internal use, Rollbit opted for a different approach. This strategy exemplifies the crypto platform’s dedication to transparency and a distinct ideology pertaining […]

Ethereum: Historical Playbook Points To $3,800 In Coming Months

Ethereum: Historical Playbook Points To $3,800 In Coming Months

Renowned analyst Josh Olszewicz has shared some compelling insights on Ethereum’s price trajectory. Drawing parallels from historical patterns, Olszewicz’s analysis suggests that Ethereum might be gearing up for a significant rally in the coming months. Historical Pattern: Ethereum Forms Ascending Triangle Olszewicz starts by highlighting Ethereum’s current price pattern, jokingly stating, “Ethereum: ascending triangle 450 […]

Trader Who Placed $10 Million Bet Against LUNA Loading Up Reddit’s Moons

Trader Who Placed $10 Million Bet Against LUNA Loading Up Reddit’s Moons

In a new development, a trader who placed a substantial $10 million bet against LUNA in May 2022 before the then native currency and UST—the algorithmic stablecoin, collapsed is now setting his sight on Reddit Moons. Going by the moniker “GCR,” on-chain data on August 8 showed the trader moved 450,000 MOON from MEXC Exchange […]