Archives par catégorie: Business

XRP Traders Show Capitulation, Why This Could Be Bullish

XRP Traders Show Capitulation, Why This Could Be Bullish

On-chain data shows that XRP traders have been selling at a loss recently, unlike investors of the other top assets. Here’s why this can be bullish for the coin. XRP Loss Transactions Have Outweighed Profit Ones Recently According to data from the on-chain analytics firm Santiment, XRP has differed from the rest of the top […]

ETHBTC Just Hit A 300-Day Low. What To Expect Next

ETHBTC Just Hit A 300-Day Low. What To Expect Next

While crypto traders have been emboldened by Bitcoin’s impressive rally, especially in light of the SEC’s recent lawsuits against major crypto exchanges Binance and Coinbase, one key trading pair has nevertheless suffered as a result. Ethereum/Bitcoin (ETHBTC), the widely watched trading pair which combines the crypto market’s number two coin with its number one coin […]

How High Can Bitcoin Price Rise Due To Spot ETFs? Running The Numbers

How High Can Bitcoin Price Rise Due To Spot ETFs? Running The Numbers

The recent Bitcoin rally has led to speculation that the price could rise further with the introduction of spot ETFs. The arrival of ETFs, especially from reputable companies such as BlackRock and Fidelity, could boost institutional investor confidence and lead to a surge in the Bitcoin price. The one million dollar question, however, is: how […]

Injective (INJ) Continues To Build Momentum, Jumps Nearly 27% In A Single Week

Injective (INJ) Continues To Build Momentum, Jumps Nearly 27% In A Single Week

Injective (INJ) has been positive in 2023, racking up a nearly 500% price increase since the turn of the year. This significant rise ranks the cryptocurrency as one of the year’s best-performing assets. Over the past week, the INJ token has been on an upward trend, adding more than 26% to its value. Injective Price […]

Tezos Releases Nairobi, XTZ Bulls Unmoved As Bears Dominate

Tezos Releases Nairobi, XTZ Bulls Unmoved As Bears Dominate

Tezos, the self-amending proof-of-stake blockchain, and an Ethereum competitor, recently implemented its latest upgrade via Nairobi. In a release, the 14th network improvement went live at block #3,760,129, tagging along platform enhancement and the simultaneous unveiling of the Tezos Ecosystem DAO.  Even so, while the upgrade is bullish for network users, there was no significant […]

Ethereum Price Lacks Momentum Above $1,900 But Dips Likely To Be Limited

Ethereum Price Lacks Momentum Above $1,900 But Dips Likely To Be Limited

Ethereum price is struggling to settle above the $1,920 resistance against the US Dollar. ETH is still at risk of a drop toward the $1,790 support. Ethereum is still facing a major hurdle near the $1,920 resistance. The price is trading near $1,870 and the 100-hourly Simple Moving Average. There was a break below a […]

Optimism Bedrock Upgrade Sends Network Transactions Soaring By 67%

Optimism Bedrock Upgrade Sends Network Transactions Soaring By 67%

Optimism (OP) is a layer 2 scaling solution that operates on top of the Ethereum mainnet, providing faster and cheaper transactions for Ethereum users. It was launched in 2020 and has quickly become one of the most popular scaling solutions for the Ethereum network. On June 6, Optimism released its much-anticipated Bedrock upgrade, which promised […]

Crypto Investment Inflows Reach One-Year High, Reveals CoinShares

Crypto Investment Inflows Reach One-Year High, Reveals CoinShares

Crypto investment products are once again proving their market allure, with inflows hitting their highest level since July 2022. European asset management firm, CoinShares, noted an influx of $199 million just last week, signaling revived interest from investors in the crypto space. The surge is seen as a correction, compensating for almost half of the […]

ETHBarcelona IRL: A Look Behind One Of The Ethereum Community Most Anticipated Events

ETHBarcelona IRL: A Look Behind One Of The Ethereum Community Most Anticipated Events

“Crypto is Culture” is one of the main themes behind the ETHBarcelona Conference. The community-led event is gearing up for its second edition at one of the most important civic centers in the world, with a promise of highlighting Ethereum and crypto beyond its market value. Education, social impact, art, price, and Zero-Knowledge (ZK) technology […]

Chainlink Bulls Must Defend Support Zone To Prepare For Another Rally

Chainlink Bulls Must Defend Support Zone To Prepare For Another Rally

Chainlink (LINK) has experienced a surge in bullish sentiment as it rebounded from the $5 support level. In the past week, LINK has surpassed several support levels, resulting in a gain of over  20%. Although there haven’t been significant changes on the daily chart, the technical outlook for the altcoin has turned notably bullish. Both […]

AAVE Up By 28% In 7 Days As DeFi Tokens Make A Comeback

AAVE Up By 28% In 7 Days As DeFi Tokens Make A Comeback

AAVE, one of the most prominent DeFi tokens, is currently experiencing a market pump, gaining  28.33% in the last 7 days, according to CoinMarketCap data. Over the past week, most of the crypto market has seen a boost in prices following the Bitcoin-fueled recovery, which also saw the premier cryptocurrency trade above $31,000 for the […]

Kaspa (KAS) Takes Altcoin Market By Storm With 60% Growth

Kaspa (KAS) Takes Altcoin Market By Storm With 60% Growth

Kaspa (KAS) has been making waves in the altcoin market lately, with its impressive surge of over 60% in the past 14 days, according to CoinGecko data.  The cryptocurrency is based on the GHOSTDAG protocol, which is a generalization of the Bitcoin Consensus. This protocol offers several advantages over traditional blockchain consensus mechanisms, including higher […]

Cardano (ADA) Soars 10% In The Last Week, More Rallies Ahead?

Cardano (ADA) Soars 10% In The Last Week, More Rallies Ahead?

Cardano’s (ADA) price has scored over 10% on the weekly chart as the broader market sees a correction. Most coins registered unexpected price surges amid the resurgent crypto market last week. However, ADA, the native token of the Cardano blockchain, stood out among the digital tokens with a notable price surge over five consecutive days of […]

Ripple Emails Reveal: XRP Buybacks Were On The Table To Prop Up Price

Ripple Emails Reveal: XRP Buybacks Were On The Table To Prop Up Price

The recently published Hinman documents in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) have caused quite a stir and strengthened the XRP army’s belief that the fintech will prevail against the regulator. What has attracted little attention, however, are the documents and emails that Ripple has had to […]

Bybit Expands Global Presence With Cyprus Crypto License

Bybit Expands Global Presence With Cyprus Crypto License

Bybit, the third biggest crypto exchange in the world, is expanding its global presence. Today, the exchange announced that it has been granted a license to operate a cryptocurrency exchange in Cyprus and provide custody services for digital assets.  Expanding The Crypto Exchange’s Global Footprint Bybit obtaining a license to operate in Cyprus is a […]

Binance Rescinds Decision To Remove Privacy Coins From European Market

Binance Rescinds Decision To Remove Privacy Coins From European Market

Binance has made a decision to reverse its initial plan of delisting certain privacy coins in Europe. This change in course comes after the exchange revised its operations to align with the local regulatory requirements. According to the developers of Verge (XVG) and Secret (SCRT) cryptocurrencies, a significant outcome was achieved. Seven privacy-focused tokens were […]