Archives par catégorie: Business

BREAKING: Balancer V2 Pools Under Threat, LP Users In Race Against Time To Withdraw Funds

BREAKING: Balancer V2 Pools Under Threat, LP Users In Race Against Time To Withdraw Funds

Balancer, a decentralized finance (DeFi) protocol operating on the Ethereum blockchain, has recently disclosed a critical vulnerability impacting several of their V2 Pools.  While emergency measures have been implemented successfully to safeguard a significant portion of Total Value Locked (TVL), a portion of funds remains at risk.  As a precautionary measure, Balancer Labs advises users to […]

Shiba Inu Community Leaves Shibarium Launch Troubles Behind As Wallet Count Crossed 10 Million

Shiba Inu Community Leaves Shibarium Launch Troubles Behind As Wallet Count Crossed 10 Million

Shibarium, the scaling solution from the Shiba Inu team, has achieved new milestones after experiencing a significant wave of adoption and user engagement following its launch.  SHIB Community Euphoria Sparks Shibarium Meteoric Rise According to a report on August 21, the Shiba Inu ecosystem recorded an astonishing number of new wallets, with over 10 million […]

3rd Biggest Bitcoin Stash Now Belongs To Unknown Wallet, Amassed In Over 3 Months

3rd Biggest Bitcoin Stash Now Belongs To Unknown Wallet, Amassed In Over 3 Months

An unknown Bitcoin wallet has emerged as the global third-largest BTC holder. The wallet used three months to accumulate BTC to climb to its present position in the ranking of holders. Following the recent revelation, some speculations and theories have been trending about the owner of the mysterious wallet. BitInfoCharts Shares Data About Mysterious Wallet The […]

Bitcoin Dip Worth Buying? What Market Sentiment Suggests

Bitcoin Dip Worth Buying? What Market Sentiment Suggests

The current sentiment among Bitcoin investors may hold the key to understanding whether the current drop is a buying opportunity or not. “Buy The Dip” Optimism Is Fading In The Bitcoin Market In a new insight post, the on-chain analytics firm Santiment has looked into how the trader sentiment has shifted in the BTC sector […]

Altcoin Season In Limbo As Bitcoin Dominance Bounces Off Key Support

Altcoin Season In Limbo As Bitcoin Dominance Bounces Off Key Support

Market observers are closely eyeing the tussle between Bitcoin and its altcoin counterparts. Bitcoin’s dominance, a critical indicator of its market influence relative to the entire crypto market, has reached a pivotal crossroads. This juncture holds the potential to determine whether this year’s trend of Bitcoin outperforming altcoins will persist or if the heralded “altcoin […]

XRP About-Face Sparks Another Descent – What Lies Ahead?

XRP About-Face Sparks Another Descent – What Lies Ahead?

XRP, the cryptocurrency known for its ties to Ripple, has recently faced a bout of volatility in the market. The coin’s value, currently hovering around $0.517 according to CoinGecko, experienced a 1.0% decline in the past 24 hours alone. Over the span of a week, XRP witnessed a significant 17.4% slump, reflecting the ongoing volatility […]

Polygon (MATIC) At June Lows Again – Prospects For Bullish Recovery?

Polygon (MATIC) At June Lows Again – Prospects For Bullish Recovery?

Polygon (MATIC) has entered a phase of consolidation, hovering just above the crucial $0.50 mark. The coin’s recent retracement to June lows has garnered significant attention from bullish investors, even as the broader crypto market remains hounded by uncertainties and price plunges. With the cryptocurrency market experiencing a notable downturn over the past week, Polygon’s […]

Bitcoin On-Chain Data Suggests Price Is Top Heavy, What It Means

Bitcoin On-Chain Data Suggests Price Is Top Heavy, What It Means

After the Bitcoin price crash last week, on-chain data reveals a picture that points to a “top-heavy” price. Glassnode’s latest insights shed light on the current market dynamics, where a significant chunk of the BTC spot supply finds itself with a cost basis either near or surpassing the prevailing price. “Here we see that 12.8% […]

XRP Price Shows Confluence Of Bearish Factors and Could Decline Again

XRP Price Shows Confluence Of Bearish Factors and Could Decline Again

Ripple’s token price is showing bearish signs below $0.580 against the US Dollar. XRP price could start another decline if it trades below $0.480. Ripple’s token price is struggling to recover above $0.550 and $0.580 against the US dollar. The price is now trading below $0.56 and the 100 simple moving average (4 hours). There […]

Ethereum Price Key Indicators Suggest Rising Selling Interest Below $1,700

Ethereum Price Key Indicators Suggest Rising Selling Interest Below $1,700

Ethereum price is struggling to recover above the $1,700 resistance against the US Dollar. ETH could start a fresh decline if it stays below $1,700 and $1,720. Ethereum is struggling to recover above the $1,700 and $1,720 levels. The price is trading below $1,700 and the 100-hourly Simple Moving Average. There is a key bearish […]

Bitcoin Price Signals Bearish Continuation But Bears Losing Strength

Bitcoin Price Signals Bearish Continuation But Bears Losing Strength

Bitcoin price is struggling to recover above the $26,500 level. BTC could gain bearish momentum if there is a move below the $25,600 support. Bitcoin is struggling to recover above the $26,500 resistance zone. The price is trading below $26,400 and the 100 hourly Simple moving average. There was a break below a connecting bullish […]

RUNE Beyond Swaps: THORChain Introduces New Lending Protocol

RUNE Beyond Swaps: THORChain Introduces New Lending Protocol

In a recent development, THORChain (RUNE), the liquidity network, has unveiled its lending feature, enabling users to leverage their native Layer-1 (L1) assets, such as Bitcoin (BTC) and Ethereum (ETH), to secure loans denominated in TOR, a USD equivalent stablecoin.  According to the announcement, this move opens up new avenues for financial participation, allowing users […]

AVAX Price Bucks Under The Pressure Of Upcoming $102 Million Token Unlock

AVAX Price Bucks Under The Pressure Of Upcoming $102 Million Token Unlock

While most altcoins are looking toward a recovery from the recent market crash, the AVAX price seems to be gearing up for the opposite. The reason behind this is the massive token unlock that is set to occur this week, which will undoubtedly place more sell pressure on the already struggling price of the digital […]

Glassnode Co-Founder’s Prediction: DXY Set To Peak, Fueling Potential Bitcoin Rally To $37,000

Glassnode Co-Founder’s Prediction: DXY Set To Peak, Fueling Potential Bitcoin Rally To $37,000

The largest cryptocurrency by market cap, Bitcoin (BTC), dropped after a prolonged period of consolidation around the $29,000 mark. The failure to sustain this level has resulted in a decline to $26,000. Interestingly, Bitcoin’s recent reversal has coincided with speculations of an imminent bull run, with many believing that the cryptocurrency winter is over and […]

Bitcoin Reaches Most “Oversold” Record Since 2020: What This Means

Bitcoin Reaches Most “Oversold” Record Since 2020: What This Means

Bitcoin price just experienced one of its fastest and sharpest corrections in over a year, dropping 10% in a matter of minutes. The mass liquidations and panic from the selloff caused BTCUSD daily charts to reach the most oversold level since the COVID crash in early 2020. BTC Panic-Selling Reaches Extremes Not Seen Since COVID […]

Whale Purchases $38 Million Worth Of SHIB, A Rebound On The Horizon?

Whale Purchases $38 Million Worth Of SHIB, A Rebound On The Horizon?

Shiba Inu (SHIB) token has witnessed high-value transactions again, leading to intrigue among its community. As significant amounts of SHIB change hands, many wonder if these moves signal a forthcoming positive shift in its market position or a rebound, as the asset is currently in a downtrend. Whale Alert, a renowned blockchain tracking platform, disclosed […]

Bitcoin Price Follows This 1930’s Chart, Why BTC Could Keep On Falling

Bitcoin Price Follows This 1930’s Chart, Why BTC Could Keep On Falling

Volatility is back for the Bitcoin price and the crypto market, but it currently favors the bears as value tumbles in the past few days. The nascent sector was moving sideways, but a liquidation cascade forced prices into critical support levels, but the worse might yet come if BTC fulfills a prophecy. As of this […]

Will Bitcoin Retest $20,500 Again? This Pattern May Suggest So

Will Bitcoin Retest $20,500 Again? This Pattern May Suggest So

Bitcoin is forming a pattern that has historically led to the asset retesting a specific line. At present, this level would be found at $20,500. Bitcoin Has Dropped Below The 200-Day SMA With The Recent Crash A few days back, Bitcoin observed a sharp crash that took the cryptocurrency’s price toward the $26,000 mark. As […]

Gemini Hits Back At SEC Lawsuit With Dismissal Filing

Gemini Hits Back At SEC Lawsuit With Dismissal Filing

Gemini, an American cryptocurrency exchange, has taken a stand against the United States Securities and Exchange Commission (SEC), deeming the lawsuit brought forth by the regulator as “absurd.” Gemini Pushes Back Against SEC Lawsuit In the ongoing legal battle between Gemini Exchange and the US SEC, co-founders Cameron Winklevoss and Tyler Winklevoss have contested the […]

Dogecoin Proof Of Stake Discussion Heats Up As Lead Dev Chimes In

Dogecoin Proof Of Stake Discussion Heats Up As Lead Dev Chimes In

Dogecoin Lead Developer, Mishaboar has expressed his doubts about a possible move to a Proof of Stake (PoS) blockchain consensus. The developer has stated that the transition to a POS mechanism is not a “sensible approach” and has highlighted several issues that could develop from the change. Mishaboar Objects To PoS Transition Mishaboar took to […]