Archives par catégorie: Business

Surging Demand For Bitcoin Ordinals Propels Q2 Trading Volume To $210M

Surging Demand For Bitcoin Ordinals Propels Q2 Trading Volume To $210M

Bitcoin Ordinals’ unique non-fungible token (NFT) inscriptions on the Bitcoin blockchain have recently registered over $210 million in trading volume in the first half of 2023 alone. This new wave of innovation, coupled with the volume recorded so far, demonstrates the potential that lies within the intersection of blockchain technology and digital artistry. Bitcoin Ordinals’ […]

Bitcoin Short-Term Holders Continue Exchange Inflows, But Price Holds On

Bitcoin Short-Term Holders Continue Exchange Inflows, But Price Holds On

On-chain data shows that Bitcoin short-term holders have continued to make exchange inflows, but the asset’s price has held on so far. Bitcoin Short-Term Holders Make High Deposits For 20 Straight Days According to data from the on-chain analytics firm Glassnode, the short-term holders have sent 617,000 BTC to exchanges during the past 20 days. […]

Ethereum Address Creation Spikes, Adoption On The Rise?

Ethereum Address Creation Spikes, Adoption On The Rise?

On-chain data shows that the Ethereum network has been observing high address creation recently, a sign that adoption could be going up. Ethereum Network Growth Has Registered High Values Recently According to data from the on-chain analytics firm Santiment, ETH’s network growth has now hit its highest level in around four months. The “network growth” […]

When Will Bitcoin Rocket To The Moon? Price Analysis

When Will Bitcoin Rocket To The Moon? Price Analysis

In the Bitcoin space, one question echoes persistently through the minds of enthusiasts and investors alike: When will Bitcoin rocket to the moon? While no one knows the answer, there are on-chain metrics and historical patterns that can be followed to track down the answer. Bitcoin Price Analysis: When Will BTC Break Out? Over the […]

Compound (COMP) Token Rallies Over 100% After CEO Quits – Details

Compound (COMP) Token Rallies Over 100% After CEO Quits – Details

Robert Leshner, the well-known creator of the DeFi lending platform Compound Finance, has resigned from his position as the CEO of the DeFi lending protocol. Leshner recently announced his plan to launch Superstate Trust, a new business venture. The creation of a short-term government bond fund is the goal of this endeavor. Notably, Superstate Trust […]

BarnBridge DAO Freezes Operations Amid SEC Probe, Can They Weather The Storm?

BarnBridge DAO Freezes Operations Amid SEC Probe, Can They Weather The Storm?

On July 6, Douglas Park, a lawyer representing the BarnBridge decentralized autonomous organization, shared important news with the members via the platform’s Discord channel. Park disclosed that the Securities and Exchange Commission (SEC) had initiated an investigation into BarnBridge DAO and individuals associated with it. In an effort to mitigate potential legal liabilities, Park advised […]

Countdown To Litecoin Halving: Is LTC Meeting Expectations?

Countdown To Litecoin Halving: Is LTC Meeting Expectations?

Litecoin (LTC) is generating significant buzz and excitement as its much-anticipated halving event approaches. With the halving just around the corner, whales—large investors—have started to make their moves, injecting a sense of urgency and driving increased interest in this crypto asset.  As the countdown to the halving nears its final stages, whales have begun to […]

Ethereum: Is Lido (LDO) Doomed To Repeat Three Arrows Capital’s Fate?

Ethereum: Is Lido (LDO) Doomed To Repeat Three Arrows Capital’s Fate?

Market research firm Kaiko has published a study on the flagship protocol of Ethereum, Lido Finance (LDO). The study is a must-read for every ETH and LDO investor! Cautionary tales serve as a valuable reminder of the risks and pitfalls that can await even the most promising projects. Remarkably, Lido Finance has embarked on a […]

Solana Shining Moment: What To Expect After SOL Crossed $20

Solana Shining Moment: What To Expect After SOL Crossed $20

Solana (SOL) recently experienced a significant milestone by crossing the $20 price mark. This achievement has sparked considerable enthusiasm among investors and crypto enthusiasts alike, as Solana’s bullish momentum continues to gain traction. With its growing popularity and impressive performance, what can investors expect from Solana after this milestone?  Let’s delve into the factors behind […]

SOL Price Prediction: Solana Smashes Key Resistance, $22 Could Be Next

SOL Price Prediction: Solana Smashes Key Resistance, $22 Could Be Next

Solana is rising above the $20 resistance against the US Dollar. SOL price might continue to rise steadily toward the $22 zone in the near term. SOL price is showing positive signs above the $19.50 level against the US Dollar. The price is now trading above $20 and the 100 simple moving average (4 hours). […]

Ethereum Price Is Plunging, But It’s Too Early to Say Bulls Have Given Up

Ethereum Price Is Plunging, But It’s Too Early to Say Bulls Have Given Up

Ethereum price extended its decline below $1,900 against the US Dollar. ETH is testing the $1,825 support and is currently attempting a fresh increase. Ethereum is down over 2% and there was a move below $1,900. The price is trading below $1,890 and the 100-hourly Simple Moving Average. There was a break below a connecting […]

Bitcoin Price Takes Hit – What Could Spark Larger Degree Correction

Bitcoin Price Takes Hit – What Could Spark Larger Degree Correction

Bitcoin price extended its decline and spiked below $30,000. BTC is showing a few bearish signs and might extend its decline toward the $28,400 support zone. Bitcoin is moving lower below the $30,500 support zone. The price is trading below $30,300 and the 100 hourly Simple moving average. There was a break below a key […]

Ripple vs SEC: No Money For Years, XRP Holders Lose If SEC Wins, Says John Deaton

Ripple vs SEC: No Money For Years, XRP Holders Lose If SEC Wins, Says John Deaton

John Deaton, a pro-XRP lawyer, recently made some statements regarding the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Deaton believes that if Ripple loses to the SEC, no money may be collected for years, and only if Ripple loses on appeal.  However, he also believes that if the Supreme […]

BlackRock CEO Larry Fink Says Bitcoin Is Digital Gold, So What’s The Digital Silver?

BlackRock CEO Larry Fink Says Bitcoin Is Digital Gold, So What’s The Digital Silver?

On Wednesday, an interview with BlackRock CEO Larry Fink went viral in which the CEO called Bitcoin an international asset. Not only that, Fink also pointed toward digital assets such as Bitcoin as being a way to digitize gold on the blockchain. This statement from the CEO has since been interpreted in various ways to […]

Chainlink (LINK) Signal Returns That Prompted 14,000% Surge

Chainlink (LINK) Signal Returns That Prompted 14,000% Surge

Chainlink (LINK) was among a subset of cryptocurrencies that made a lower low on daily timeframes recently. A lower low is indicative of a continued downtrend and weakness at support. However, on higher timeframes, technical tell a very different story — one of possible strength building. In fact, a signal has appeared that the last […]

Bitcoin Volumes Cross $4.2 Trillion in H1 2023, What Does The Second Half Of The Year Hold?

Bitcoin Volumes Cross $4.2 Trillion in H1 2023, What Does The Second Half Of The Year Hold?

Institutional interest in cryptocurrencies such as Bitcoin has been increasing in the past few months, with mainstream interest in the cryptocurrency industry. As a result, the largest crypto, Bitcoin, exploded in the first half of 2023, as its trading volume on various exchanges crossed $4.2 trillion.  Bitcoin Sees Highest Trading Volume In March According to […]

UAE Share In Global Mining Activity Grows, Accounts For 3.7% Of Mined Bitcoin

UAE Share In Global Mining Activity Grows, Accounts For 3.7% Of Mined Bitcoin

According to the latest report by Hashrate Index, a website for Bitcoin mining data and metrics, the UAE is now becoming a growing destination for Bitcoin miners, especially in the Middle East.  Bitcoin Miners Look For Greener Pastures Bitcoin miners have faced issues in popular Bitcoin mining countries like China and Kazakhstan in recent years. […]

Ethereum Whale Transfers Over 25,000 ETH To Exchange: Massive Dip On The Horizon?

Ethereum Whale Transfers Over 25,000 ETH To Exchange: Massive Dip On The Horizon?

Ethereum’s price seems to have been following Bitcoin’s, but recent large transactions suggest it may soon move independently. Whale Alert reported a sum of 25,264 ETH, roughly valued at around $48 million, was moved from an unidentified wallet to the leading cryptocurrency exchange, Coinbase. 25,264 #ETH (48,302,924 USD) transferred from unknown wallet to #Coinbasehttps://t.co/ViF7z23ixe — […]

Glassnode Co-Founder Predicts Bull Run For Bitcoin Amidst Sideways Trading

Glassnode Co-Founder Predicts Bull Run For Bitcoin Amidst Sideways Trading

Bitcoin (BTC) has been trading within a narrow range for the past 12 days. Nonetheless, the fact that bulls have held the crucial $30,000 support level is seen as a short-term win for them. Even though BTC has been experiencing sideways trading, there is a growing sense of optimism that it has the potential to […]