Archives par catégorie: Business

Bitcoin Weekly Momentum Crosses Bearish For First Time In 2023

Bitcoin Weekly Momentum Crosses Bearish For First Time In 2023

In a significant development this week, Bitcoin price has crossed bearish on the weekly LMACD (Logarithmic Moving Average Convergence Divergence), marking the first time this has occurred in 2023. Does this mean further decline for BTCUSD, or do bulls still have a chance to save the recent uptrend? Bitcoin Momentum Takes A Turn For The […]

US SEC Sues Binance, Fails To Mention Ripple (XRP) As Security

US SEC Sues Binance, Fails To Mention Ripple (XRP) As Security

In a shock move that has forced the cryptocurrency markets lower, the United States Securities and Exchange Commission (SEC) on June 5 sued Binance, the world’s largest cryptocurrency exchange, accusing them of 13 charges, one of which is allegedly enabling the trading of unregistered securities. Top of the list, the regulator said, was that Binance allegedly […]

Crypto Clash: Bitcoin Bulls And Bears Wrestle For Control At Key Support Level

Crypto Clash: Bitcoin Bulls And Bears Wrestle For Control At Key Support Level

Bitcoin (BTC) and other cryptocurrencies have taken a hit in the wake of recent news regarding Binance, the world’s largest cryptocurrency exchange by trading volume. The market has reacted with concern to the disclosure of a complaint against the exchange, which has sparked a wider downtrend throughout the cryptocurrency industry. As of this writing, Bitcoin […]

Bitcoin Ordinals Releases Upgrade to Address ‘Cursed Inscriptions’ Problem

Bitcoin Ordinals Releases Upgrade to Address ‘Cursed Inscriptions’ Problem

The Bitcoin Ordinals protocol developers have introduced a new upgrade to rectify over 71,000 invalid inscriptions previously untradeable. These inscriptions often result from incorrect usage and were rendered useless and untradeable until now. However, with this recent development, developers have taken the first step toward addressing this long-standing problem. Developers Unleased the New Ordinals Protocol […]

Bitcoin Current Position Is Sensitive, Glassnode Explains Why

Bitcoin Current Position Is Sensitive, Glassnode Explains Why

Data from Glassnode shows that the current Bitcoin price is where the cost basis of a large number of coins lies. Here’s what this means. 780,000 BTC Was Acquired Near The Current Spot Prices According to data from the on-chain analytics firm Glassnode, 4.6% of the entire circulating Bitcoin supply has its acquisition price near […]

Cardano Founder Urges ADA Investors to Beware of New Scams

Cardano Founder Urges ADA Investors to Beware of New Scams

The founder of the Cardano blockchain, Charles Hoskinson, took to Twitter to inform investors of a new scam scheme that has suddenly emerged focusing solely on ADA holders. According to Hoskinson, the scammers impersonate him to send messages to members of the ADA community. In the post, the Cardano founder reiterated that he would “never […]

Ethereum Top 10 Whales Now Hold 31.8M ETH, A New All-Time High

Ethereum Top 10 Whales Now Hold 31.8M ETH, A New All-Time High

On-chain data shows the ten largest whales on the Ethereum network are now holding 31.8 million ETH, a new all-time high. Ethereum Holdings Of Top 10 Whales Have Now Surpassed August 2015 ATH According to data from the on-chain analytics firm Santiment, the largest ETH whales have grown their supplies recently. The largest whales here […]

Cardano (ADA) A Security? Price Collapses On SEC v. Binance Lawsuit

Cardano (ADA) A Security? Price Collapses On SEC v. Binance Lawsuit

Cardano (ADA) and the crypto market just took a punch from the U.S. Securities and Exchange Commission (SEC). The regulator filed a lawsuit against Binance and its CEO, Changpeng Zhao, contributing to the decline in prices across the nascent market. Cardano (ADA) trades at $0.35 as of this writing, recording a 6% loss in the […]

Ethereum Price at Clear Risk of Further Losses After Multiple Rejections

Ethereum Price at Clear Risk of Further Losses After Multiple Rejections

Ethereum price started a fresh decline from the $1,920 resistance against the US Dollar. ETH is moving lower and might dive below the $1,850 support. Ethereum is struggling to gain bullish momentum above the $1,920 resistance. The price is trading below $1,900 and the 100-hourly Simple Moving Average. There was a break below a key […]

Shiba Inu (SHIB) Poised For Significant Breakout: Here’s What To Watch Out For

Shiba Inu (SHIB) Poised For Significant Breakout: Here’s What To Watch Out For

Shiba Inu (SHIB) has faced challenges in maintaining the level of liquidity it once enjoyed. In recent weeks, the coin has exhibited minimal volatility, leaving many investors wondering about its future direction.  However, despite the apparent inactivity, various indicators hint at the possibility of a substantial price movement in the near future. As the path […]

Bitcoin Price Topside Bias Vulnerable If It Continues To Struggle Below $28K

Bitcoin Price Topside Bias Vulnerable If It Continues To Struggle Below $28K

Bitcoin price is struggling to clear the $27,500 resistance zone. BTC is sliding and there could be a sharp decline toward $25,550 in the coming sessions. Bitcoin is still struggling to stay above the $27,000 support zone. The price is trading below $27,200 and the 100 hourly Simple moving average. There was a break below […]

Tron (TRX) Sees 10% Price Surge Following Bittorrent Bridge Launch

Tron (TRX) Sees 10% Price Surge Following Bittorrent Bridge Launch

Tron (TRX), the native cryptocurrency of the Tron blockchain, witnessed a substantial increase over the weekend. The token spiked by 10% yesterday, buoyed by recent developments within its ecosystem.  However, at the time of writing, it has experienced a slight correction, but all signs show that this could be a bullish signal.  Tron Spike Due […]

Bedrock Upgrade: How Optimism Game-Changer Could Impact OP Price

Bedrock Upgrade: How Optimism Game-Changer Could Impact OP Price

Optimism is gearing up for its eventual mainnet upgrade next week. This upgrade will offer lower protocol and security fees for users on the platform. This led to the ecosystem’s governance token, OP, enjoying an increase in price, albeit a modest 3.7% in the past 24 hours. This price movement only came after last month’s […]

Quant Hype Spikes As Price Surges 15% – Is This A Top Signal?

Quant Hype Spikes As Price Surges 15% – Is This A Top Signal?

Quant (QNT), an Ethereum-based token, has experienced a 15.15% increase in its price over the past seven days. QNT plays a vital role in Quant Network’s Overledger, a suite of enterprise software solutions designed to connect public blockchains and private networks seamlessly. By enabling the creation of multi-chain decentralized applications (mDapps), Quant Network empowers developers […]

XRP Climbs 12% As Crypto Celebrates 11-Year Milestone

XRP Climbs 12% As Crypto Celebrates 11-Year Milestone

XRP is now marking its 11th year since its inception. Over the past decade, XRP has established itself as a prominent player in the blockchain industry, captivating the attention of investors and enthusiasts alike.  With its all-time performance reaching remarkable heights, the crypto continues to demonstrate its resilience and enduring value in the ever-evolving landscape […]

Injective Protocol (INJ) Tallies 23% Price Surge In Past 7 Days – Here’s Why

Injective Protocol (INJ) Tallies 23% Price Surge In Past 7 Days – Here’s Why

Injective Protocol, a prominent blockchain platform catering to decentralized applications (dApps), has recently gained significant attention due to the notable surge in the price of its native token, injective (INJ). Over the past week, the INJ token has experienced a remarkable growth rate of 23%.  This surge reflects the growing market interest in the platform […]

Whale’s ARB Accumulation Rekindles Momentum For DeFi Token – Here’s Why

Whale’s ARB Accumulation Rekindles Momentum For DeFi Token – Here’s Why

Arbitrum (ARB), a prominent governance token in the decentralized finance (DeFi) ecosystem, recently witnessed a decent surge in price following renewed buying activity from a well-known DeFi whale address.  Large-scale investors often influence market sentiment and can significantly impact the price of a given asset. However, as the rally unfolds, questions arise about the sustainability […]

Floki Inu Gains Momentum As Chinese E-Commerce Giant Recognizes Its Utility

Floki Inu Gains Momentum As Chinese E-Commerce Giant Recognizes Its Utility

Floki Inu (FLOKI) is taking a giant leap forward in the world of meme assets. In an exciting development, the team behind this dog-themed cryptocurrency has unveiled a groundbreaking announcement: users can now utilize Floki to make purchases on AliExpress, a global e-commerce giant.  This unprecedented integration with one of the world’s largest online retailers […]

Celsius Sets New Standard: $1 Billion In ETH Staked As Deposits Show No Sign Of Slowing

Celsius Sets New Standard: $1 Billion In ETH Staked As Deposits Show No Sign Of Slowing

Celsius, a popular lending platform, has made significant moves in staking Ethereum (ETH) as they stake almost $1 billion worth of the cryptocurrency. According to the Blockchain intelligence company Arkham Intel, In the past 24 hours alone, Celsius has staked over $600 million worth of ETH, with no signs of slowing down. This represents a […]