Archives par catégorie: Business

Bitcoin Soars to $21,500 On “Hated Rally,” Is There Fuel To Keep Rising?

Bitcoin Soars to $21,500 On “Hated Rally,” Is There Fuel To Keep Rising?

The Bitcoin rally continues as the cryptocurrency smashes all resistance levels and seems ready to reclaim more ground. The number one crypto by market capitalization has seen a double-digit gain over the previous week leading the top performers in the sector. As of this writing, Bitcoin traded at $21,400 with sideways movement in the last […]

Ethereum-Based Frax Finance (FXS) Is Up 64%, Is There Still Opportunity?

Ethereum-Based Frax Finance (FXS) Is Up 64%, Is There Still Opportunity?

In the last seven days, the Ethereum-based project Frax Finance is the second biggest winner within the top 100 cryptocurrencies by market cap. With a price increase of 64%, the FXS token is only behind Decentraland (MANA), which has surged 76% within the same period. With the massive pump, Frax Share Token (FXS) has moved […]

Rocket Pool (RPL) Surged 55% after Listing on Binance

Rocket Pool (RPL) Surged 55% after Listing on Binance

Trackers on January 18 show that the native token of Rocket Pool, RPL, rallied 55% and is among one of the top performers in the top 100 coins by market capitalization. Rocket Pool is Rallying after Binance Listing The surge coincides with RPL’s listing on Binance, the world’s largest cryptocurrency exchange by trading volume. The […]

Altcoin Indexes Outperform Bitcoin, Small Caps Lead Market

Altcoin Indexes Outperform Bitcoin, Small Caps Lead Market

Data shows all the altcoin indexes have outperformed Bitcoin during the past month, with the small caps becoming the market leaders. The Past 30 Days Were Green For Both Bitcoin And Altcoins According to the latest weekly report from Arcane Research, all indexes record positive returns in the 27-31% range during the past month. The […]

Ethereum Layer-2 Platform, ZKSync, Releases New SDK in Swift

Ethereum Layer-2 Platform, ZKSync, Releases New SDK in Swift

ZKSync, an Ethereum layer-2 platform designed to scale transaction throughput using zero-knowledge (ZK) proofs and Rollups, has released a new software development kit (SDK) in Swift. ZKSync Releases SDK in Swift In a tweet on January 17, ZKSync said the goal is to make their features more accessible to developers and dApps. With a Swift SDK, […]

What Does Market Capitalization Mean in Crypto

What Does Market Capitalization Mean in Crypto

In the cryptocurrency market, prices alone can be a misleading indicator for evaluating a project’s true potential and value. Cryptocurrency prices may rise and fall dramatically based on factors such as changes in circulating supply, public enthusiasm, etc. This is why investors use market capitalization as a crucial measure for evaluating and ranking assets and […]

Hedera Soars 23% As HBAR Blooms All-Green On The Charts All Week

Hedera Soars 23% As HBAR Blooms All-Green On The Charts All Week

Hedera is a strong competitor in the DeFi space as it boasts some of the best metrics in the industry. According to recent analysis, the ecosystem hit 5,500 transactions per second. TPS is used to compare DeFi projects from each other. So far, Hedera beats Ethereum in terms of average transactions per second. The realm […]

Bitcoin Rally Pushes Crypto Mining Stocks Up – What’s Ahead?

Bitcoin Rally Pushes Crypto Mining Stocks Up – What’s Ahead?

After a year-long winter accompanied by massive losses in the mining sector, the recent Bitcoin recovery is a relief to miners. Moreover, the Bitcoin price rally has rubbed off on crypto mining stocks as they witness the highest performance in the past year. In the 2022 bear market, public crypto miners recorded up to $4 […]

XRP Bulls Aim For $1 As Crypto Advances With 12% Weekly Pump

XRP Bulls Aim For $1 As Crypto Advances With 12% Weekly Pump

XRP is currently at $0.3899 which is the result of recent positive external developments. According to CoinGecko, the native token of Ripple moved upwards by 12% in the weekly and the bi-weekly time frame.  Positive news brewed up in the US Securities and Exchanges Commission (SEC) vs. Ripple lawsuit that started back in December 2020. […]

Ethereum Nears $1,600 Level – Is The $2K Mark Hittable This Week?

Ethereum Nears $1,600 Level – Is The $2K Mark Hittable This Week?

The improving sentiment in the crypto market certainly made recovering lost ground from the bear market easier. Ethereum, the top altcoin, has been breaking barriers since the start of the year. According to CoinGecko, the coin is trading at $1,588 and has gained 20% in the past week, with the biggest gains being recorded at […]

Ethereum Price Remains Supported For A Fresh Increase Above $1,600

Ethereum Price Remains Supported For A Fresh Increase Above $1,600

Ethereum is consolidating gains above $1,500 against the US Dollar. ETH could start another increase and clear the $1,600 resistance zone in the near term. Ethereum is showing positive signs above the $1,500 and $1,520 resistance levels. The price is now trading above $1,550 and the 100 hourly simple moving average. There is a connecting […]

Bitcoin Price Faces Key Challenge and At Risk of Downside Correction

Bitcoin Price Faces Key Challenge and At Risk of Downside Correction

Bitcoin price is facing a major hurdle near the $21,500 zone. BTC could correct lower if there is a clear move below the $20,500 support zone. Bitcoin seems to be facing a major challenge near the $21,450 and $21,500 levels. The price is trading above $20,600 and the 100 hourly simple moving average. There was […]

What’s Next For Shiba Inu As Price Remains Stuck Below $0.000011?

What’s Next For Shiba Inu As Price Remains Stuck Below $0.000011?

Shiba Inu has substantially recovered over the last week; it surged over 20% in the same timeframe. Over the last 24 hours, SHIB has appreciated by 2.9%, but despite the rise in value, the coin has remained stuck below the $0.000011 mark. The coin broke above its stern resistance mark of $0.000010, which had not […]

Bitcoin aSOPR Again Retests Bull-Bear Junction Level, Will Resistance Break This Time?

Bitcoin aSOPR Again Retests Bull-Bear Junction Level, Will Resistance Break This Time?

Data shows the Bitcoin Adjusted Spent Output Profit Ratio (aSOPR) is retesting the historical bull-bear junction. Will a break be found this time? Bitcoin aSOPR Is Currently Doing Another Rest Of 1.0 Level As per the latest weekly report from Glassnode, a successful retest here could suggest a meaningful regime shift in the BTC market. […]

Whales Move Billions Of XRP Following Price Spike

Whales Move Billions Of XRP Following Price Spike

The broader cryptocurrency market has seen improvement in investor sentiment in the last weeks, and so has XRP. Even the global crypto market cap is up by 0.11%, reflecting the rate at which most tokens are rallying over the past few days. A recent WhaleAlert report reveals massive XRP whale transfers happening amid the token’s […]

Myth Buster: Ethereum Shanghai Hard Fork Won’t Create Major Selling Pressure

Myth Buster: Ethereum Shanghai Hard Fork Won’t Create Major Selling Pressure

With the “Merge”, the Ethereum blockchain successfully mastered the biggest upgrade in its history on September 15 last year. Even before the switch to Proof of Stake (PoS), investors were able to stake ETH to receive rewards. However, the prerequisite was that a minimum of 32 ETH had to be staked and could not be […]

Algorand TVL Hits $177 Million As Altcoin Rally Continues – Can ALGO Sustain This Push?

Algorand TVL Hits $177 Million As Altcoin Rally Continues – Can ALGO Sustain This Push?

Algorand is one of the fastest growing crypto in terms of gains. According to CoinGecko, the token has appreciated by 30% in the last two weeks. With the broader crypto market rallying as Bitcoin breaks its crucial $21,000 resistance, ALGO is set to gain more in the next few days.  The Total Value Locked department […]