Archives par catégorie: Business

Ethereum Price Recovery Could Soon Fade If It Fails To Clear $1,900

Ethereum Price Recovery Could Soon Fade If It Fails To Clear $1,900

Ethereum price is recovering above the $1,850 zone against the US Dollar. ETH could restart its decline if there is no move above the $1,900 resistance. Ethereum is slowly moving higher above the $1,850 zone. The price is trading above $1,870 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming […]

Bitcoin Price Struggles Post Expected Fed Result, More Losses Ahead?

Bitcoin Price Struggles Post Expected Fed Result, More Losses Ahead?

Bitcoin price is struggling to recover above the $29,000 resistance level. BTC must settle above $29,000 and then $29,600 to move into a positive zone. Bitcoin is attempting a recovery wave above the $28,850 level. The price is trading below $29,200 and the 100 hourly Simple moving average. There is a key bullish trend line […]

FOMC Delivers Expected 0.25% Rate Hike, Bitcoin Holds Steady Above $29,000

FOMC Delivers Expected 0.25% Rate Hike, Bitcoin Holds Steady Above $29,000

The Federal Reserve’s (Fed) decision to raise the Federal Funds Rate (FFR) by 25 basis points to 5.50%, the highest level since February 2021, had little impact on the cryptocurrency market and Bitcoin (BTC), with the event described as “very vanilla” by the Journalist Ted Talks Macro.  The FOMC indicated that achieving its 2% inflation […]

Bitcoin Pre-Halving Patterns Suggest Bull Market Is Not Starting In 2023

Bitcoin Pre-Halving Patterns Suggest Bull Market Is Not Starting In 2023

The Bitcoin halving is arguably the most important event for the blockchain due to its function. As such, it has played a significant role in when the crypto bull market starts and how long it lasts in most cases. Although there have been slight deviations in how it triggers each bull market, pre-halving data over […]

Avalanche Foundation Commits $50 Million To Tokenized Asset Purchases

Avalanche Foundation Commits $50 Million To Tokenized Asset Purchases

The Avalanche (AVAX) Foundation has launched a $50 million initiative, called Avalanche Vista, to pioneer the future of asset tokenization.  According to the announcement, the foundation will allocate the funds to purchase tokenized assets, often referred to as “real world assets” or “off-chain assets,” minted on the Avalanche blockchain.  KKR Fund Tokenization On AVAX The […]

BREAKING: FTX Founder SBF On The Brink Of Jail: Judge Set To Rule On Bail

BREAKING: FTX Founder SBF On The Brink Of Jail: Judge Set To Rule On Bail

According to a recent report by Reuters, Sam Bankman-Fried, former CEO and founder of the bankrupt cryptocurrency exchange FTX, has had his bail conditions tightened by a US judge following allegations of witness tampering.  While the judge declined to jail Bankman-Fried immediately, he imposed a “gag order” requested by prosecutors and gave both sides until […]

This AMD Ryzen Bug Can Compromise Your Crypto Wallet Keys

This AMD Ryzen Bug Can Compromise Your Crypto Wallet Keys

A new bug called “Zenbleed” affecting specific AMD CPUs has been found that can potentially leak info, such as keys attached to crypto wallets. AMD Zenbleed May Be Exploited To Leak Crypto Wallet Keys As reported by the computer-focused news website Tom’s Hardware, a new vulnerability related to AMD CPUs has been discovered that can […]

Bitcoin: What On-Chain Data Says About The Latest Dip Below $30,000

Bitcoin: What On-Chain Data Says About The Latest Dip Below $30,000

The Bitcoin price has been underwhelming in the past few days, reflecting the current state of the cryptocurrency market. On Monday, July 24, investors watched the price of the premier cryptocurrency retreat beneath the $30,000 mark again.  Let’s look at what the on-chain metrics say about this latest fall below the critical price level.  69% […]

Singaporean Judge Declares Crypto Is Personal Property In ByBit Case

Singaporean Judge Declares Crypto Is Personal Property In ByBit Case

In a recent development, a judge of the Singapore High Court has declared that cryptocurrencies are personal properties. The court likened crypto to fiat money, and since fiat passes as personal property, crypto should pass as one, too, the court reasoned.  Genesis Of The Case Judge Philip Jeyaretnam made this declaration in a case that […]

Maker (MKR) Shows Positive Moves As Top Coins Land In The Red

Maker (MKR) Shows Positive Moves As Top Coins Land In The Red

MakerDAO’s (MKR) posted positive moves today even as the broader market saw a slight correction. While top coins painted charts red with bearish moves, MKR added over 3% in the last 24 hours, bringing its price to $1,139.92 at 9:25 am EST. This bullish momentum coming amid a bear market trend suggests that special factors […]

Bitcoin Exchange Supply Only Slips Further Despite Price Decline

Bitcoin Exchange Supply Only Slips Further Despite Price Decline

On-chain data shows that the Bitcoin exchange supply has only continued to slip further recently despite the price drop to the $29,200 that BTC has observed. Bitcoin Exchange Supply Has Declined To Just 1.17 Million BTC Now According to data from the on-chain analytics firm Santiment, the latest decline in the price doesn’t look to […]

LayerZero Crosses This Significant Milestone, But Is An Airdrop Coming?

LayerZero Crosses This Significant Milestone, But Is An Airdrop Coming?

Cross-Chain communication protocol platform LayerZero has crossed 50 million cross-chain messages, as revealed by the platform on Tuesday, July 25. This significant milestone proves the massive trading activity and cross-chain token swaps that happen across several chains daily. LayerZero’s Impressive Growth The ‘50-million cross-chain messages’ is undoubtedly a testament to how much LayerZero has achieved […]

Binance Rolls Out Zero-Fee Stablecoin But Hits Pause Soon After: Here’s Why

Binance Rolls Out Zero-Fee Stablecoin But Hits Pause Soon After: Here’s Why

First Digital USD (FDUSD), a newly introduced stablecoin scheduled to make its debut on Binance on Wednesday has now faced a halt due to technical difficulties. A Bumpy Start To The FDUSD Journey The expected listing of FDUSD on Binance was initially set for July 26, 2023. To incentivize traders, Binance planned to offer zero […]

Stellar (XLM) Latest Development & Price Prediction 2023-2030 

Stellar (XLM) Latest Development & Price Prediction 2023-2030 

Stellar (XLM) has witnessed a remarkable surge in value over the course of the past week. On July 13, following the news of Ripple Labs’ (XRP) legal victory against the Securities and Exchange Commission (SEC), XLM’s price experienced a meteoric rise from $0.096 to $0.153, resulting in an impressive 60% boost within a mere 24 […]

Litecoin Bulls Barrel Back Toward $92 Level – Will They Succeed?

Litecoin Bulls Barrel Back Toward $92 Level – Will They Succeed?

The Litecoin (LTC) price decrease was a healthy retracement as it pulled back toward the $92 mark. Such retracements are standard after prolonged upward trends and are often seen as an opportunity for the market to find stability before continuing its upward trajectory.  However, in the case of Litecoin, the bears have become increasingly dominant, […]

Dogecoin Price Analysis: What’s Next For DOGE?

Dogecoin Price Analysis: What’s Next For DOGE?

Dogecoin (DOGE) is once again at the center of excitement in the crypto space. Over the days, the meme-inspired cryptocurrency experienced a remarkable surge, gaining 25% in just two weeks. As traders and investors closely watch DOGE’s price movements, a combination of technical indicators and on-chain data offer intriguing insights into what may lie ahead […]

Binance Coin (BNB) Price Poised For A Major Breakout – Which Way Will It Go?

Binance Coin (BNB) Price Poised For A Major Breakout – Which Way Will It Go?

Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests that bearish forces may be gaining dominance in the near-term market outlook. Currently, BNB is shaping an intriguing chart pattern known as the inverted flag. Amidst the recent market turbulence, BNB’s price […]