Archives par catégorie: Business

MATIC Gains 10% In One Day, Is A Price Rally Coming?

MATIC Gains 10% In One Day, Is A Price Rally Coming?

MATIC, the native token of the Polygon network, has witnessed a significant price gain in the last day, drawing much attention from investors. According to data by CoinMarketCap, MATIC gained by 10.44% over the last 24 hours, representing a better market performance than most top assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), etc. MATIC’s […]

Crypto Update: Top 3 Altcoins To Watch This Week

Crypto Update: Top 3 Altcoins To Watch This Week

While the Bitcoin price is currently stuck in a sideways trend, a few altcoins on the crypto market are currently showing a strong momentum. These three altcoins are currently attracting the attention of investors and traders alike: Shiba Inu (SHIB), Solana (SOL), and Polygon (MATIC). Let’s dive into the technical chart analysis of these altcoins […]

Ex Paxful CEO Warns Users to ‘Stop Trading’, Are Their Funds At Risk?

Ex Paxful CEO Warns Users to ‘Stop Trading’, Are Their Funds At Risk?

Paxful, founded in 2015, has established itself as one of the world’s prominent peer-to-peer Bitcoin marketplaces, with a strong mission to enable financial access for individuals globally. Boasting an extensive user base of 9 million and offering over 350 payment options, the platform has garnered substantial popularity. However, on July 7, Ray Youssef, the former […]

Standard Chartered Raises Bitcoin Forecast To $120,000, Citing Miners’ Reduced Selling

Standard Chartered Raises Bitcoin Forecast To $120,000, Citing Miners’ Reduced Selling

Standard Chartered, one of the world’s leading banks, has raised its long-term Bitcoin price forecast, predicting that the value of the flagship cryptocurrency could reach $120,000 by the end of 2024. This upward revision comes as the bank acknowledges the potential for miners to hold a larger share of the newly minted Bitcoin supply. With […]

Dogecoin (DOGE) Price Downtrend Set To Persist – What To Expect

Dogecoin (DOGE) Price Downtrend Set To Persist – What To Expect

Dogecoin (DOGE) experienced a substantial surge on the price chart towards the end of June. However, despite this notable increase, it failed to ward off the sellers who swiftly entered the market.  Can Dogecoin regain its momentum and rise again, or will it succumb to the mounting pressure from the bearish sentiment? Bitcoin (BTC) also […]

Microstrategy Stock Surges 7% As Berenberg Highlights Bitcoin Halving’s Impact

Microstrategy Stock Surges 7% As Berenberg Highlights Bitcoin Halving’s Impact

Hamburg-based Berenberg Capital Markets recently highlighted the upcoming Bitcoin halving event as a potential trigger for the bullish case of Microstrategy, a United States-based software firm, in a recent research note. The research note emphasized that Microstrategy, with a bullish price target of $430, primarily derives its value from its substantial holdings of over 150,000 […]

Bitcoin At Mid-Cycle Point: Historical Pattern Repeating Itself?

Bitcoin At Mid-Cycle Point: Historical Pattern Repeating Itself?

Bitcoin has reached a critical juncture in its current market cycle, according to a recent analysis conducted by on-chain analytics firm Glassnode. The data reveals striking similarities to historical patterns, raising questions about the potential emergence of a familiar phenomenon: the re-accumulation period. A Resilient Market: Bitcoin Holds Firm At Mid-Cycle The Glassnode analysis reveals […]

PEPE Potential Rebound: Key Details You Shouldn’t Miss

PEPE Potential Rebound: Key Details You Shouldn’t Miss

PEPE recently reached a new peak, driven by the significant hype surrounding Bitcoin Exchange-Traded Funds (ETFs). However, as the initial excitement surrounding ETFs subsided, Bitcoin (BTC) experienced a period of fluctuation.  Notably, during this time, PEPE has been gradually making lower highs. Amidst these fluctuations, it becomes essential to examine the underlying factors that have […]

Ethereum Price Reaches Key Turning Point, $1,900 Is The Key

Ethereum Price Reaches Key Turning Point, $1,900 Is The Key

Ethereum price is attempting a fresh increase from $1,825 against the US Dollar. ETH could rally if there is a clear move above the $1,900 resistance. Ethereum is currently attempting a recovery wave above the $1,855 zone. The price is trading above $1,865 and the 100-hourly Simple Moving Average. There is a major bearish trend […]

BNB Price at Make-or-Break Levels As The Bulls Aim Big Above This Resistance

BNB Price at Make-or-Break Levels As The Bulls Aim Big Above This Resistance

BNB price (Binance coin) is rising above $245 against the US Dollar. The price could start a strong increase if it clears the $250 and $255 resistance levels. Binance coin price is attempting a fresh increase from the $232 zone against the US Dollar. The price is now trading above $240 and the 100 simple […]

Tron Co-Founder Unstakes $56 Million From Ethereum Via Lido, Will ETH Prices Fall?

Tron Co-Founder Unstakes $56 Million From Ethereum Via Lido, Will ETH Prices Fall?

Justin Sun, the co-founder of Tron, withdrew 30,000 ETH, worth roughly $56 million, via two addresses via Lido, a liquidity staking service provider, on July 10, Lookonchain reveals. Following his move, his Ethereum stake via Lido is down to 263,294 ETH, or $491.6 million at spot rates. Justin Sun Unstakes From Ethereum Lookonchain, a blockchain […]

Bitcoin Price Holds Ground But Momentum Keeps Fading Below $31K

Bitcoin Price Holds Ground But Momentum Keeps Fading Below $31K

Bitcoin price is holding the key $30,000 support zone. BTC must settle above $31,000 and $31,400 to start a fresh increase in the near term. Bitcoin is showing a few positive signs above the $30,000 support zone. The price is trading above $30,200 and the 100 hourly Simple moving average. There is a short-term bullish […]

Bitcoin Hash Rate Retakes All-Time High As Miners Continue To Expand Capacity

Bitcoin Hash Rate Retakes All-Time High As Miners Continue To Expand Capacity

The difficulty of mining Bitcoin has been steadily climbing for some time now, as more and more miners compete with one another to be the one to mine the next block on the Bitcoin blockchain successfully. With the weather now clearing up in Texas, the world’s Bitcoin mining stronghold, miners are coming back online to […]

Bitcoin Google Search Interest Stands At Critical Level, What This Forecast For BTC

Bitcoin Google Search Interest Stands At Critical Level, What This Forecast For BTC

The price of Bitcoin is stuck at its current levels as bulls and bears fight for control. The number one cryptocurrency by market cap experienced some gains in the past weeks, but volatility across the board declined, leading to the current dynamic. As of this writing, Bitcoin trades at $30,500 with sideways movement in the […]

Bitcoin Inscriptions Cool Off, Transactions Heat Up: What’s Next For The Market?

Bitcoin Inscriptions Cool Off, Transactions Heat Up: What’s Next For The Market?

Bitcoin (BTC) has been consolidating below the mid-point of the 2021-22 cycle at $30,000, with some on-chain activity metrics cooling off while others, such as money transfer volumes, are picking up. This suggests positive momentum and growing adoption for the asset, according to a recent report from Glassnode. Bitcoin Metrics Suggest A Wild Ride Ahead […]

Bulls Remain Resilient Despite Litecoin’s Fall Below $100, Key Levels To Watch

Bulls Remain Resilient Despite Litecoin’s Fall Below $100, Key Levels To Watch

Despite facing a challenging period in recent months, the price of Litecoin has demonstrated a significant upward trajectory. In June, LTC experienced a decline to $71; however, the bulls subsequently took charge and initiated a recovery. Nevertheless, over the past week, LTC’s progress slowed, with the coin retracing below the $100 mark and experiencing a […]

More People Talking About XRP, Will Bulls Break Above $0.60?

More People Talking About XRP, Will Bulls Break Above $0.60?

On-chain data compiled by Santiment, an analytics platform, shows that more people are discussing XRP, the native token of the XRP Ledger (XRPL), per statistics captured on July 10. In their assessment, the spike in social chatter, translating to higher social dominance, will most likely draw demand for the crypto asset that has recently been under […]

PancakeSwap And Google Cloud Join Forces: Altcoin Price Rises

PancakeSwap And Google Cloud Join Forces: Altcoin Price Rises

PancakeSwap (CAKE), a decentralized trading platform, has partnered with Google Cloud to ensure the availability and reliability of its infrastructure.  As the demand for decentralized finance (DeFi) grows, PancakeSwap aims to offer users a user-friendly platform to trade their assets without intermediaries.  PancakeSwap And Google Cloud Collaboration Moreover, PancakeSwap leverages Google Kubernetes Engine to scale […]

Analyst: Expect Altcoin Season After Bitcoin Halves In 2024

Analyst: Expect Altcoin Season After Bitcoin Halves In 2024

A crypto analyst on Twitter expects altcoin prices to be muted in the second half of 2023. Data indicate that the fate of altcoins and the possibility of an “alt season” is highly dependent on the performance of Bitcoin. Being the foremost cryptocurrency and market leader, according to CoinMarketCap data, Bitcoin’s impact on altcoins cannot be […]