Archives par catégorie: Business

Uniswap (UNI) Price Rockets 22% – Is There More Fuel In The Tank?

Uniswap (UNI) Price Rockets 22% – Is There More Fuel In The Tank?

Uniswap (UNI) has emerged as a formidable force within the cryptocurrency space, showcasing an impressive growth of 22% in recent weeks. As one of the leading decentralized exchanges (DEX) built on the Ethereum blockchain, Uniswap has gained widespread recognition for its innovative approach to facilitating peer-to-peer token swaps.  With its unique automated market maker (AMM) […]

ADA Price (Cardano) Could See “Liftoff” if It’s Able to Hold One Crucial Level

ADA Price (Cardano) Could See “Liftoff” if It’s Able to Hold One Crucial Level

Cardano’s price is attempting a recovery wave above $0.775. ADA could gain bullish momentum if it settles above the $0.3050 resistance zone. ADA price is slowly moving higher from the $0.250 zone against the US dollar. The price is trading above $0.275 and the 100 simple moving average (4 hours). There is a key bullish […]

Ethereum Price Stuck In Range As Risk of Downside Correction Escalates

Ethereum Price Stuck In Range As Risk of Downside Correction Escalates

Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. ETH could correct lower if it breaks the $1,865 support zone. Ethereum is currently correcting lower from the $1,920 resistance. The price is trading above $1,865 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance […]

Bitcoin Price Signals Downside Correction Before Fresh Increase

Bitcoin Price Signals Downside Correction Before Fresh Increase

Bitcoin price is correcting gains from the $31,400 zone. BTC could revisit the $29,200 support or even $28,500 before it starts a fresh increase. Bitcoin is currently correcting gains from the $31,400 zone. The price is trading below $30,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with […]

PEPE Rising: 63% Weekly Gain Showcases Unstoppable Momentum

PEPE Rising: 63% Weekly Gain Showcases Unstoppable Momentum

The cryptocurrency market has shown no signs of slowing down, with several coins experiencing an extended bull run in recent days. However, amidst this overall market trend, there are still standout performers, and Pepe (PEPE) is one such cryptocurrency that continues to impress. Related Reading: Momentum: Why The Bitcoin Train Is Ready To Leave The […]

Optimism (OP) Price Crafts A Bullish Cup, But Can It Sustain The Momentum?

Optimism (OP) Price Crafts A Bullish Cup, But Can It Sustain The Momentum?

Optimism, a layer-2 solution on the Ethereum blockchain, has gained traction with a TVL exceeding $1.22 billion. The OP price is currently forming a bullish cup pattern, indicating a potential recovery. Trading activity in the optimism crypto market has surged, suggesting an attempt by the OP price to rebound. Optimism: A Quick Look As a […]

Momentum: Why The Bitcoin Train Is Ready To Leave The Station

Momentum: Why The Bitcoin Train Is Ready To Leave The Station

The latest Bitcoin price action has pushed momentum into the positive on just about every timeframe that matters: From today the daily through the monthly. If these signals confirm with a June monthly close, the train might have officially left the station when it comes to the next crypto bull run. BTCUSD Momentum Builds Across […]

Stacks (STX) Rallies By 29% In The Past 7 Days – Here’s Why

Stacks (STX) Rallies By 29% In The Past 7 Days – Here’s Why

The cryptocurrency Stacks (STX) has recently experienced a remarkable turnaround, with its price bouncing back after reaching a multi-month low of $0.4412. Investors have seized the opportunity to “buy the dip,” resulting in a continuous upward trend for STX over the past few days. As a result, STX is now trading at $0.7916, marking a […]

BUSD Market Cap Plunge Of 80% In 2023 Raises Concerns Of Impending Collapse

BUSD Market Cap Plunge Of 80% In 2023 Raises Concerns Of Impending Collapse

The fate of Binance USD (BUSD), the stablecoin introduced by Binance, hangs in the balance as its market capitalization has experienced a significant decline of over 80% in 2023. From November 2022 to June of the current year, BUSD’s market capitalization has plummeted from USD23 billion to USD4 billion. Notably, the capitalization suffered an 18% […]

Litecoin (LTC) Bulls Charge Past $91 Following 20% Rally

Litecoin (LTC) Bulls Charge Past $91 Following 20% Rally

Litecoin (LTC) has recently witnessed an impressive three-day bullish streak, sparking excitement among investors as its price surged past the $91 level. The cryptocurrency’s remarkable performance during this period has been celebrated by bullish traders who see it as a significant victory.  With this surge, Litecoin has caught the attention of market participants, generating renewed […]

Gods Unchained launches on Epic Games Store, GODS Spikes 50%

Gods Unchained launches on Epic Games Store, GODS Spikes 50%

Gods Unchained, a blockchain card trading game developed by Immutable Studio, has launched on Epic Games Store (EGS). Following this launch, GODS, the native token of the Gods Unchained ecosystem, has rallied 50% from June 2023 lows, expanding in line with the broader cryptocurrency markets spearheaded by Bitcoin, which is currently trading above $31,000. Gods […]

Mask Foundation Moves 2.5 Million Tokens To Exchanges, Huge Dip Incoming?

Mask Foundation Moves 2.5 Million Tokens To Exchanges, Huge Dip Incoming?

In the volatile and unpredictable world of cryptocurrencies, major transactions often signal impending market movements. Recently, Lookonchain, an on-chain analytics firm, reported a substantial transfer of MASK tokens, initiated by the Mask Network Foundation. According to their findings, the foundation moved nearly 3 million MASK tokens out of its wallets, an event that could potentially […]

Bitcoin Just Gained Over 18% In Seven Days: What’s Happened When This Has Occurred In The Past?

Bitcoin Just Gained Over 18% In Seven Days: What’s Happened When This Has Occurred In The Past?

By the completion of its daily candle on Wednesday, Bitcoin had gained over 18% in just seven consecutive sessions, abruptly ending the steady drift lower which had dominated its price action since Bitcoin put in its mid-April high above 30,000. How unusual is this magnitude gain in only a week’s time, and what’s happened in […]

Crypto Analyst Predicts: Bitcoin (BTC) To Reach $69,000 And Above In 2023

Crypto Analyst Predicts: Bitcoin (BTC) To Reach $69,000 And Above In 2023

As the world of crypto continues to evolve, traders and analysts are closely monitoring the Bitcoin (BTC) charts for clues about future price movements. Among them, the popular analyst known as Credible Crypto has shared his insights, predicting a new all-time high for Bitcoin by 2023. The prognosis relies on the assumption of a continuing […]

Bitcoin Future Hangs In The Balance: What To Expect In The Coming Weeks

Bitcoin Future Hangs In The Balance: What To Expect In The Coming Weeks

Bitcoin, the leading cryptocurrency by market capitalization, seems to have entered a phase of consolidation above the $30,000 mark following a notable surge of over 10% on Tuesday.  While the price movement has generated a lot of interest among investors, it remains uncertain whether Bitcoin will maintain its upward momentum or experience a pullback in […]

LEO Token Shows Positive Moves As Major Coins Suffer Volatility

LEO Token Shows Positive Moves As Major Coins Suffer Volatility

Bitfinex’s utility token, LEO, stands out from the crowd with positive moves amid the market-wide downturn that suppressed most coins. It saw an 8.69% price increase on the day and added 11.42% over the past seven days, which placed it among the top-gaining coins on the last day. LEO token’s move today follows a consistent price […]

Bitcoin SOPR Bounces Into Profit Zone, What Does This Mean?

Bitcoin SOPR Bounces Into Profit Zone, What Does This Mean?

On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) has bounced back into the profit zone with the latest rally above $30,000. Bitcoin SOPR Has Successfully Retested 1.0 Support Line According to data from the on-chain analytics firm Glassnode, investors are now selling their coins at a profit. The “SOPR” is an indicator that […]

MATIC Price Recovery Hits Roadblock, When Will Bulls Break Through?

MATIC Price Recovery Hits Roadblock, When Will Bulls Break Through?

The MATIC price recovery has faced a hurdle in recent trading sessions, despite its impressive rebound after surpassing the $0.50 level. Although the altcoin experienced a notable 18% appreciation on the weekly chart, it lost 3% of its market value within the past 24 hours. The overall sentiment remains bearish as demand and accumulation for […]

Ethereum Bullsh Signal: Supply On Exchanges Continues To Hit New All-Time Lows

Ethereum Bullsh Signal: Supply On Exchanges Continues To Hit New All-Time Lows

On-chain data shows the Ethereum supply on exchanges has continued to drop lower recently, a sign that could be bullish for the asset. Ethereum Supply On Exchanges Has Gone Down Recently According to data from the on-chain analytics firm Santiment, supply has continued to leave exchanges recently. The relevant indicator here is the “supply on […]