Archives par catégorie: Business

Curve DAO Scores $5 Million Boost From Binance, Eyes BNB Chain Expansion

Curve DAO Scores $5 Million Boost From Binance, Eyes BNB Chain Expansion

In a strategic move to bolster the decentralized finance (DeFi) sector, Binance Labs, the venture capital and incubation arm of Binance, has committed a substantial $5 million investment in Curve DAO Token (CRV).  The Ethereum-based CRV token is the backbone of the Curve ecosystem, which has established itself as the largest stable swap and second-largest […]

Dogecoin Rally Ahead? This Positive Correlation Data Points To A Potential 20% Jump For DOGE

Dogecoin Rally Ahead? This Positive Correlation Data Points To A Potential 20% Jump For DOGE

Dogecoin has been one of the cryptocurrencies to watch in the past few weeks. However, the token’s price appears to be slowing down after recording significant bullish momentum. Interestingly, there might be renewed optimism around the DOGE price, as a crypto analyst has offered insight on what to expect from the meme coin in the […]

Bitcoin Bears Ran Out Of Coins? What This Analyst Forecast For BTC At Around $30,000

Bitcoin Bears Ran Out Of Coins? What This Analyst Forecast For BTC At Around $30,000

Despite today’s macroeconomic developments, the price of Bitcoin continues to move sideways and seems likely to stay on this path. The number one crypto by market cap has seen its volatility drop to fresh lows as its price is trapped at current levels. At the time of writing, Bitcoin trades at $26,600 with sideways movement […]

Terra Classic (LUNC) Chances Of Revival Grow Slimmer, Here’s Why

Terra Classic (LUNC) Chances Of Revival Grow Slimmer, Here’s Why

Terra Classic (LUNC) has suffered persistent declines since the network’s collapse back in 2022. These declines have ranged from its price through to the network’s Total Value Locked (TVL). And even while development abounds among its community members to try to restore it to its past glory, the numbers point to a low possibility of […]

Bitcoin Futures Fakeout: The Price Divergence That Predicts A Phony

Bitcoin Futures Fakeout: The Price Divergence That Predicts A Phony

This week, Bitcoin traders braced for a breakout as an important technical buy signal triggered and BTCUSD shot up over $30,000 temporarily. They came up short-handed, however, as the market took an immediate turn back down. Interestingly, the fakeout could have possibly been predicted by a divergence between two BTCUSD price charts. Why Price Patterns […]

Here’s Why This Analyst Foresees Hedera (HBAR) Breaking Into The Crypto Top 10

Here’s Why This Analyst Foresees Hedera (HBAR) Breaking Into The Crypto Top 10

Hedera popularly known as HBAR, has lately been drawing attention in the world of cryptocurrencies. An influencer from the crypto-sphere recently asserted that this digital currency is poised to cement its position among the top 10 in the industry. HBAR’s Position In The Upcoming Bull Market Classy Crypto, a crypto-focused YouTube channel, hosted a discussion […]

New Milestone For Ethereum Could Spell Good News For ETH Price

New Milestone For Ethereum Could Spell Good News For ETH Price

The number of Ethereum non-zero addresses, meaning addresses that hold at least some amount of Ether, just reached an all-time high. According to data from Glassnode, this metric which counts only externally owned addresses just reached an all-time high of 104,127,318. But what does this mean for the price of Ethereum? Ethereum Non-Zero Addresses Reach […]

Shanghai Upgrade Drives 25% Boost In ETH Staking Activity

Shanghai Upgrade Drives 25% Boost In ETH Staking Activity

The Shanghai upgrade was one of the most anticipated blockchain events of 2023, expected to introduce a higher level of speed and scalability to the Ethereum network. However, the most important feature of the Shanghai upgrade was allowing validators and stakers to finally withdraw their staked ETH from the Ethereum Beacon Chain. To explain, the […]

The Spoils Of Victory: XRP Daily Transactions Surpass Ethereum

The Spoils Of Victory: XRP Daily Transactions Surpass Ethereum

On the back of Ripple’s partial win over the United States Securities and Exchange Commission (SEC), activity on the blockchain has ramped up quickly. This increase has now seen XRP beat out market leader Ethereum when it comes to the number of daily transactions carried out on the blockchain.  Ripple Leading The Pack While the […]

Rising Star Hedera (HBAR) And Its 11% Climb – A Closer Look

Rising Star Hedera (HBAR) And Its 11% Climb – A Closer Look

Hedera (HBAR), currently ranked as the 31st cryptocurrency asset in terms of market capitalization, has recently witnessed a remarkable surge in its price, captivating the attention of investors and enthusiasts alike.  A surge in an asset’s social engagement often serves as a precursor to a rally in its price. In the case of HBAR, this […]

Aptos (APT) Volume Remains Extremely High, More Gains Ahead?

Aptos (APT) Volume Remains Extremely High, More Gains Ahead?

On-chain data shows the Aptos (APT) trading volume has continued to be extremely high after the rally, a possible sign that more gains may be coming. Aptos Social Dominance Calms Down, But Trading Volume Remains Elevated Yesterday, news came out that tech giant Microsoft has partnered up with Aptos Labs to work on blockchain-based AI […]

PEPE Coin Makes Minor Gains With 3.5% Spike – Sign Of Recovery?

PEPE Coin Makes Minor Gains With 3.5% Spike – Sign Of Recovery?

PEPE has emerged as a symbol of resilience in the face of uncertainty in the broader meme coin market. A timely intervention by a deep-pocketed investor, an anonymous whale, has breathed new life into the frog-themed token, giving it a shot in the arm.  In the unpredictable flow of the crypto space, the influence of […]

Whale Purchases $10 Million stETH In The past Day, Here Are Possible Reasons Why

Whale Purchases $10 Million stETH In The past Day, Here Are Possible Reasons Why

The crypto verse has recently witnessed a massive splash as an unidentified entity dove deep into the Ethereum ecosystem. A recent report from Lookonchain reveals that in a span of 24 hours, the whale has purchased $10 million worth of Lido Staked Ethereum (stETH). The Big Purchase And Past Activities Lookonchain, an on-chain analytics firm, […]

US Congresswoman Raises Concerns About Paypal Stablecoin In The Absence Of Regulation

US Congresswoman Raises Concerns About Paypal Stablecoin In The Absence Of Regulation

Earlier this week, popular American payment giant Paypal unveiled the launch of its USD-pegged PYUSD stablecoins to investors. In response, Democrat congresswoman Maxine Waters has raised palpable concerns that may or may not threaten the stablecoin’s operations. Waters Raises Regulatory Concerns Reacting to the news of Paypal’s PYUSD stablecoin launch, congresswoman Maxine Waters noted that […]

OKB Token 15% Surge Paves The Way For Record-Breaking Highs

OKB Token 15% Surge Paves The Way For Record-Breaking Highs

OKB, the native cryptocurrency of the OKX exchange, has made a solid comeback after a lackluster performance in the latter half of July. As August dawned, the token’s price roared back to life, sparking optimism among investors and enthusiasts.  The rally began during the first week of August, when OKX exchange’s investment arm announced a […]

Solana Beats Out Ethereum To Emerge As Best Performer In Terms Of TVL

Solana Beats Out Ethereum To Emerge As Best Performer In Terms Of TVL

Ethereum is currently dominating the DeFi and smart contract niches when it comes to the Total Value Locked (TVL). However, while Ethereum is still the king, other chains like Solana, Avalanche, and Polkadot compete to prove themselves worthy contenders to the throne.  Solana, in particular, has seen some massive growth recently in terms of its […]

All Smoke And Mirrors? Why The Aptos-Microsoft Deal Is A Reason To Short APT

All Smoke And Mirrors? Why The Aptos-Microsoft Deal Is A Reason To Short APT

Aptos (APT) has scored a major deal with tech giant Microsoft yesterday. However, the announcement of a “partnership” between Aptos Labs and tech giant Microsoft has raised eyebrows and ignited debates across the crypto community if this is just smoke and mirrors. With the APT token witnessing a surge of nearly 20% following the news, […]

Shiba Inu Investors Jubilate As Meme Coin Jumps 18% Ahead Of Shibarium Debut

Shiba Inu Investors Jubilate As Meme Coin Jumps 18% Ahead Of Shibarium Debut

Amidst a more extensive revival in the cryptocurrency market, the value of Shiba Inu has witnessed a significant upward trend today, giving investors of the meme coin a reason to be happy. The surge in its value can be attributed not only to the prevailing favorable feeling in the cryptocurrency industry, but also to a […]