Archives par catégorie: Business

TA: Bitcoin Price Gains Momentum, Why The Bulls Could Aim $25K

TA: Bitcoin Price Gains Momentum, Why The Bulls Could Aim $25K

Bitcoin started a fresh increase above the $23,000 resistance zone against the US Dollar. BTC might continue to rise towards the $25,000 resistance zone. Bitcoin started a fresh increase and climbed above the $23,000 resistance. The price is now trading above the $23,000 level and the 100 hourly simple moving average. There is a short-term […]

Elevated Bitcoin Open Interest Levels Puts Market In Vulnerable Position

Elevated Bitcoin Open Interest Levels Puts Market In Vulnerable Position

Bitcoin has recovered above $23,000 multiple times now, but the digital asset remains in a perilous position. This is because the recovery alone has not been able to assure that the bull trend would endure. Rather, it has been falling the brief buying and selling pressures that have been plaguing investors in recent times. The […]

Top Analyst Predicts 60x Profits For Polygon, Cosmos, And Avalanche

Top Analyst Predicts 60x Profits For Polygon, Cosmos, And Avalanche

The crypto market is trending to the upside and recovering some of its last week’s gains with Polygon (MATIC), and other altcoins following the general trend. Digital assets seem to be positively reacting to the earnings reports from legacy companies. Related Reading | Why The IMF Thinks The Crypto Market Could See “Further Selloffs” At the […]

Why The IMF Thinks The Crypto Market Could See “Further Selloffs”

Why The IMF Thinks The Crypto Market Could See “Further Selloffs”

The crypto market is trading in the green with Bitcoin and Ethereum pushing beyond critical resistance levels. The first and second cryptocurrencies by market capitalization record a 10% and 15% profit in the last day and seem poised for more profits during today’s trading session. Related Reading | Bitcoin Makes Surprise Climb As Fed Discloses 0.75 […]

Bitcoin Makes Surprise Climb As Fed Discloses 0.75 Point Rate Bump

Bitcoin Makes Surprise Climb As Fed Discloses 0.75 Point Rate Bump

Bitcoin and the rest of the crypto market have been in a festive mood in response to the U.S. Federal Reserve’s interest rate hike, sending  both Bitcoin and Ethereum climbing in prices. The Fed’s announcement has sent Bitcoin’s price up by 5%. As of this writing, Bitcoin is trading at $22,837, up 7 percent in […]

Why “The Merge” Is Not Priced In, Says Ethereum Inventor Vitalik Buterin

Why “The Merge” Is Not Priced In, Says Ethereum Inventor Vitalik Buterin

Ethereum and the crypto market slightly recovered some gains after the Federal Reserve (Fed) announced a 75-basis point (bps) interest rate hike. There was no surprise from the financial institutions, and the second crypto by market cap might be able to extend the bullish trend without external distractions. Related Reading | TA: Bitcoin Price Restarts Increase […]

GNOX Set To Overtake APE, MATIC As Token’s Price Continues Ascent

GNOX Set To Overtake APE, MATIC As Token’s Price Continues Ascent

GNOX, and the crypto markets, are slowly recuperating from months of recession. And it’s not just the crypto winter that’s to blame, a whole rigmarole of other factors comes into play. Traders and investors are now looking for the most lucrative and promising cryptocurrencies and projects like the blue-chip GNOX. With its impressive business model, […]

Chainlink Pictured Chance Of A Further Pullback To This Level

Chainlink Pictured Chance Of A Further Pullback To This Level

Chainlink was bearish on its chart at the time of writing. Over the last week, the coin witnessed significant decline on its chart. Despite the 2% overnight appreciation the technical outlook of Chainlink remained negative. Fall in the market movers prices has pushed many altcoins to travel south on their charts. Prior to this, LINK […]

TA: Bitcoin Price Restarts Increase After Fed Rate Hike But Resistance Intact

TA: Bitcoin Price Restarts Increase After Fed Rate Hike But Resistance Intact

Bitcoin started a fresh increase above the $22,000 resistance zone against the US Dollar. BTC must clear $23,000 and $23,700 to continue higher. Bitcoin started a fresh increase after the fed hiked interest rates by 75bps. The price is now trading above the $22,500 level and the 100 hourly simple moving average. There was a […]

Ethereum Breaches $1,600, How Soon Will Touch $1,100?

Ethereum Breaches $1,600, How Soon Will Touch $1,100?

Ethereum has fallen below its $1,600 support level and has displayed bearish sentiment on the chart. Broader market weakness has also contributed to Ethereum’s current price action. Bitcoin had fallen to the $20,000 price mark and altcoins depicted similar price movements. Ethereum over the last 24 hours depicted some minor appreciation on the chart. The […]

Why Cardano (ADA) May Breakout In A Bull Run To $1

Why Cardano (ADA) May Breakout In A Bull Run To $1

Cardano (ADA) is one of the few digital assets that has managed to hold its own through the downtrend. The digital asset has garnered a healthy following of supporters and continues to grow in conditions where others are struggling. However, Cardano’s price is down significantly from its all-time high that it attained last year. Its […]

Ethereum Retests $1,500 Region, Shadow Fork Deployed Ahead Of Merge

Ethereum Retests $1,500 Region, Shadow Fork Deployed Ahead Of Merge

Over the past 24 hours, the market has seen gains. Ethereum, increased by 8.13% while the market king, Bitcoin, has increased by 3.25%. The performance of the remaining top cryptocurrencies has been comparable to that of the two majors. With a price range of $1,362.95 to $1,602.61, ETH/USD has experienced significant volatility over the past […]

Bitcoin Buyers Reluctant To Step In, Fear And Greed Index Suggests

Bitcoin Buyers Reluctant To Step In, Fear And Greed Index Suggests

Data shows the Bitcoin investor sentiment has recently improved, but buyers are still reluctant as fear continues in the market. Bitcoin Fear And Greed Index Points To A Fearful Sentiment As per the latest weekly report from Arcane Research, the BTC market sentiment hit a high of 34 last week, but now it has once […]

Why Ethereum Classic (ETC) Leads Crypto Market In Latest Week With 16% Surge

Why Ethereum Classic (ETC) Leads Crypto Market In Latest Week With 16% Surge

As the crypto market trended to the downside, Ethereum Classic (ETC) took advantage. The original Ethereum blockchain records double-digit profits across multiple timeframes and seems on track for future appreciation. Related Reading | Cardano Moves In The Red With The Market, Can The Price Of ADA Stay Above $0.46? At the time of writing, Ethereum Classic […]

Cardano Moves In The Red With The Market, Can The Price Of ADA Stay Above $0.46?

Cardano Moves In The Red With The Market, Can The Price Of ADA Stay Above $0.46?

Cardano trends to the downside with the crypto market recording small profits on lower timeframes. The cryptocurrency continues to move in tandem with Bitcoin and Ethereum and seems poised for some volatility over today’s trading session. Related Reading | Dogecoin Seen Doubling In Price, Despite Shedding 10% In Last 7 Days At the time of writing, […]