Archives par catégorie: Business

2023 has seen the rise of AI, with programs such as Bard and ChatGPT offering answers to any and all queries, ranging from what the weather is to writing college essays. We all know AI is based on machine learning, but how much can we trust the advice it gives? We wanted to find out […]

The second quarter of 2023 brought significant challenges for the Ethereum network as its revenue experienced a sharp decline. Ethereum network revenue plummeted from $1.27 billion to $847 million during Q2, representing a staggering 33.3% drop.  The network revenue for Ethereum encompasses all transaction fees paid by users to Ether validators, as well as the […]

Coinbase, America’s largest crypto exchange, is winding down its Borrow program and has given borrowers four months to repay their loans.  Coinbase To Shut Down Borrow Program The Coinbase Borrow program allowed eligible Coinbase customers in certain US states to borrow up to $1 million worth of US dollars by putting up bitcoin or other […]

Senior House Republicans have officially introduced a bill that seeks to change how crypto markets function in the United States. Republican members of the Agriculture and Financial Services Committees of the United States House have introduced this bill to create a regulatory framework for digital assets. Submitted on July 20, the Financial Innovation and Technology […]

The comeback of the Stellar Lumens (XLM) price keeps going on. In the last 24 hours, XLM has risen by another 15%, bringing the Ripple competitor’s price in line with XRP. Indeed, both tokens have risen by close to 65% (at this stage) since the summary judgment in Ripple’s legal battle with the U.S. Securities […]

Chainlink (CHAIN) has recently experienced a surge in its short-term price action, delivering considerable gains to its holders. The excitement surrounding this upward momentum has been palpable, but astute observers have noticed some intriguing indications that suggest this hike might not necessarily signify the peak for LINK.  Such a notion is not mere speculation; instead, […]

The crypto market swiftly turned bearish from yesterday’s scarcely bullish outlook, and top coins have receded farther from their new-found support. But interestingly, MarkerDao’s MKR appears unperturbed by the market’s gloomy sentiment as MKR soared higher with massive gains, adding over 17% to its value on the day.  MKR Price Outlook Over the last day, the […]

On-chain data shows that Chainlink’s social dominance has observed a large spike after its sharp price surge, a possible sign that the top may be here. Chainlink Social Dominance Rises To 3rd Largest In Cryptocurrency Sector According to data from the on-chain analytics firm Santiment, LINK is the third most trending asset in the market […]

Solana, a key player in the Layer-1 blockchain network domain, has shown a substantial improvement in the network’s uptime and reliability this year, with just one recorded outage so far since the year 2023 began. According to a performance report released by the Solana Foundation on July 20, the network’s stability and performance saw a […]

Dogecoin (DOGE) is fixated on a crucial juncture in its price trajectory. Having recently faltered at the previous range-high, the cryptocurrency community eagerly awaits to see whether history will repeat itself.  DOGE bulls, ever resilient, have their sights firmly set on re-targeting $0.075 – a level that could signify a significant breakthrough if achieved. As […]

Charles Edwards, the mastermind behind the Bitcoin Hash Ribbons signal and founder of Capriole Investments, has sounded the alarm. The renowned analyst warns that the Hash Ribbons capitulation signal just flashed, a phenomenon that has historically accompanied moments of distress for BTC miners. As outlined by Edwards, Bitcoin’s hash rate had experienced an astonishing and […]

Dogecoin is gaining bullish momentum above the $0.070 resistance against the US Dollar. DOGE could extend its rally toward the $0.080 resistance zone. DOGE is currently showing positive signs above $0.068 resistance against the US dollar. The price is trading well above the $0.070 zone and the 100 simple moving average (4 hours). There is […]

Bitcoin price is still consolidating above $29,500. BTC must settle above the $30,400 resistance zone to start a steady increase in the near term. Bitcoin is struggling to clear the $30,000 resistance level. The price is trading below $30,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend […]

Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. ETH could gain bearish momentum if there is a close below $1,875. Ethereum is trading in a range above the $1,875 level. The price is trading below $1,910 and the 100-hourly Simple Moving Average. There is a key rising channel forming with […]

On-chain data on July 19 shows that as much as 2 million XRP, the native currency of the XRP Ledger, were changing hands every minute on top cryptocurrency exchanges, including KuCoin and Poloniex. In a screen grab shared on Twitter, on-chain data reveals that more XRP was being traded in bulk, driving trading volumes higher across the […]

Through the bear market, Arbitrum (ARB) has been one of the tokens that have managed to hold on to a significant amount of its all-time high value. Along these same lines, the digital asset is one of the few tokens currently flashing a green bullish flag, and accumulation has ramped up as a result of […]

Crypto analyst Adam Cochran recently caused a stir in the cryptocurrency community when he called attention to a series of TrueUSD (TUSD) transactions made by Tron founder Justin Sun.  Cochran highlighted a series of transactions made by Sun’s address on the Tron blockchain, including minting $62 million worth of TUSD, withdrawing $50 million in USDT […]

The United States Securities and Exchange Commission (SEC) has allegedly held up assistance needed in a congressional bill to regulate the crypto markets. This has been considered a potential hurdle if the bill is to pass in Congress. Through multiple sources, the Block found that the SEC has yet to provide sufficient technical assistance for […]

Digital asset management platform Blofin has released a report that explores the changing narrative of the cryptocurrency market, focusing on the diverging correlation between Bitcoin (BTC) and Ethereum (ETH).  The report suggests that BTC is becoming an increasingly prominent macro underlying asset, approaching the status of traditional assets such as foreign exchange and precious metals, […]

Terraform Labs has announced the appointment of Chris Amani as the interim Chief Executive Officer (CEO), replacing co-founder Do Kwon.  Terraform Labs Elevates Former COO Chris Amani as Director and Interim CEO Chris Amani, an experienced leader with over two decades of experience in the technology industry, has been selected as the interim CEO for […]