Archives par catégorie: Business

Curve Impressively Adds 22% As Founder Sells CRV To Repay Aave Loan

Curve Impressively Adds 22% As Founder Sells CRV To Repay Aave Loan

CRV, the governance token of Curve, a decentralized exchange for stablecoins and a key player in the decentralized finance (DeFi) landscape, has impressively recovered, adding 22% after sinking to its August 2023 lows this week. When writing on August 3, CRV is trading at $0.59, rising double digits after dropping to $0.48 on August 1 […]

Curve Finance Fights Back With Warning And Unrefusable Offer To Hacker

Curve Finance Fights Back With Warning And Unrefusable Offer To Hacker

Curve Finance (CRV) has issued a statement on Etherscan, addressing the hackers responsible for the recent exploit that resulted in the loss of over $60 million from the protocol.  In the statement, Curve, Metronome & Alchemix have invited the hackers to discuss a potential bounty, offering a 10% reward for any stolen funds, which they […]

Ethereum Price Could Break Above $2,000 If This Happens

Ethereum Price Could Break Above $2,000 If This Happens

Ethereum price is currently still below $2,000 but this could quickly change if some things were to come to pass. Some of the most notable things that have been going on for the cryptocurrency include the multiple exchange-traded funds (ETFs) filings that have been made to the United States Securities and Exchange Commission (SEC). When […]

Solana Price Could Surge To $30 Upon Overcoming This Resistance

Solana Price Could Surge To $30 Upon Overcoming This Resistance

The Solana price experienced notable gains in mid-June, but a recent correction phase has pulled it down to $22, which has found strong support. The technical outlook currently leans towards the bears, suggesting a potential slight dip before a possible turnaround. The altcoin attempted to rise from the support level in the past week, but […]

CRV Price Recovers From 6-Month Lows, What’s Driving The Price?

CRV Price Recovers From 6-Month Lows, What’s Driving The Price?

Curve Finance’s native token CRV has recovered from a 6-month low, and many believe that the news of Huobi co-founder Jun Du buying CRV tokens has contributed to it.  Jun Du bought 10 million tokens valued at $4 million from Micheal Egorov, founder of Curve. Egorov had offered his tokens for sale to bolster his […]

Shiba Inu’s DeFi Aspirations May Rattle DOGE’s Market As SHIB Turns To Digital IDs

Shiba Inu’s DeFi Aspirations May Rattle DOGE’s Market As SHIB Turns To Digital IDs

Initially tagged as a meme coin, Shiba Inu has been reinventing itself, aiming to break away from its meme coin status and step into the league of serious Decentralized Finance (DeFi) contenders, according to a new report. A key step towards this transformation involves an innovation that is about to reshape the Shiba Inu ecosystem: […]

Binance CEO Shares Details Of $20 Million Scam Attempt

Binance CEO Shares Details Of $20 Million Scam Attempt

Binance CEO, Changpeng ‘CZ’ Zhao has recently provided details on a failed $20 million scam attempt in a bid to keep the crypto community on alert for future occurrences. Crypto Scammers Are “So Good Now,” Binance CEO Says In a tweet on August 2, Changpeng Zhao described a recent scam attempt as “clever,” stating that it […]

Breaking: Elon Musk’s X To Launch Trading App, Dogecoin To Play A Part?

Breaking: Elon Musk’s X To Launch Trading App, Dogecoin To Play A Part?

According to a recent report by Semafor, the company formerly known as Twitter (X) is making waves yet again, as it seeks to transform itself into a financial data giant by building a trading hub within its app. Will Dogecoin take the center of the stage? Elon Musk’s X Set To Disrupt Traditional Trading Platforms? […]

Quant Explains How These Indicators Affect Ethereum Price

Quant Explains How These Indicators Affect Ethereum Price

A quant has explained how the indicators like taker buy/sell ratio and Coinbase premium index can influence the price of Ethereum. Ethereum’s Relationship With Taker Buy/Sell Ratio & Coinbase Premium Index In a new CryptoQuant quicktake post, an analyst has discussed some metrics that could hold relevance for the ETH price. The first indicator of […]

Shiba Inu Notches New Adoption Record In Anticipation Of Shibarium Launch

Shiba Inu Notches New Adoption Record In Anticipation Of Shibarium Launch

Shiba Inu (SHIB) has been garnering attention in recent weeks, with its price showing a good recovery after reaching a yearly low in June. This coincides with the excitement around the upcoming launch of Shibarium, a layer-2 blockchain network for the second-largest meme token. It appears that the forthcoming Shibarium launch has propelled SHIB to […]

Ukraine Government Reveals Crypto Firms Have Cost The Country $81 Million In Lost Taxes

Ukraine Government Reveals Crypto Firms Have Cost The Country $81 Million In Lost Taxes

According to data released by the Ukrainian government, cryptocurrency firms offering services in Ukraine have failed to contribute over $81 million in taxes to the country’s budget in the past decade. This comes after the country passed a crypto bill into law in 2022 that amends its tax code to allow the country to generate […]

Why The Uniswap (UNI) Token Is Almost Worthless: Researcher

Why The Uniswap (UNI) Token Is Almost Worthless: Researcher

In an analysis, Anders Helseth, Vice President at K33 Research, has mounted a strong case against the viability of the Uniswap (UNI) token. His analysis pivots on the intriguing dynamics of the decentralized finance (DeFi) market, fundamentally challenging the current valuation and future potential of UNI. Helseth begins his argument with a seemingly straightforward question: […]

All Hype? BALD Meme Coin’s Volume Shaved By 96%

All Hype? BALD Meme Coin’s Volume Shaved By 96%

A sequence of unfortunate developments has struck BALD meme coin enthusiasts, as the once-shining (no pun intended) digital asset has experienced a jaw-dropping 96% decline in trading volume.  The root cause of this worrying situation stems from the withdrawal of more than 6,000 Ether in liquidity from the meme coin’s smart contracts, an action that […]

Bitstamp Teases Major XRP Announcement, But The Market Hesitates

Bitstamp Teases Major XRP Announcement, But The Market Hesitates

In a cryptic move that has the XRP army speculating, Europe’s leading cryptocurrency exchange, Bitstamp, has teased a significant announcement related to the token. The Luxembourg-based exchange made this known via a tweet that simply read, “tomorrow,” accompanied by the XRP-themed hashtags #XRP, #XRPL and #XRPLedger and a suggestive video. The video, a brief animation […]

Can Dogecoin Reach $0.85? Bullish Setup Hints At Potential For Advance

Can Dogecoin Reach $0.85? Bullish Setup Hints At Potential For Advance

Dogecoin (DOGE) has recently captured attention due to its price’s downward trajectory. While the current decline in DOGE’s price might raise concerns, astute traders are discerning a potential opportunity amidst the turmoil.  As reported by CoinGecko, the DOGE price stands at $0.074288, reflecting a 3.6% drop in the past 24 hours and a 5.2% decline over […]

MicroStrategy’s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy

MicroStrategy’s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy

MicroStrategy co-founder and former CEO Michael Saylor has stated that potential Spot Bitcoin ETF approvals will not influence the company’s “Bitcoin Strategy.” MicroStrategy Has A Unique Bitcoin Offering During a discussion with Bloomberg on August 2, Saylor stated that even if the SEC approves the spot Bitcoin ETF applications, it would not affect his company’s […]

Here’s Where The Price Of LUNC Will Land This August, According To This Algorithm

Here’s Where The Price Of LUNC Will Land This August, According  To This Algorithm

LUNC’s community has worked continually towards reviving the ecosystem’s native LUNC token. However, recent data from this artificial intelligence (AI) algorithm suggests these efforts might not be enough. LUNC’s Price Prediction PricePredictions, a state-of-the-art crypto analysis and forecasting platform, has projected Terra Classic (LUNC) to trade at around $0.000076 by the end of this month. […]

DOJ Action Against Binance: A Hidden Blessing For Bitcoin And Crypto Markets?

DOJ Action Against Binance: A Hidden Blessing For Bitcoin And Crypto Markets?

The looming prospect of a U.S. Department of Justice (DOJ) action against Binance, the largest crypto exchange, may hold a silver lining for Bitcoin and the broader markets. Even if this sounds crazy at first, there are good arguments for it. Rumors have been swirling for weeks about a potential DOJ action against Binance, a […]

Kaspa (KAS) Takes Off With 23% Burst – What’s Fueling The Thrust?

Kaspa (KAS) Takes Off With 23% Burst – What’s Fueling The Thrust?

Kaspa continues to captivate the blockchain sphere with its interesting nature as a Directed Acyclic Graph (DAG)-based proof-of-work (PoW) platform. Emerging onto the scene precisely when the blockchain realm was searching for an Ethereum (ETH) alternative, Kaspa’s protocol arrived as a timely solution. This came after Ethereum’s transition from proof-of-work to a proof-of-stake (PoS) framework […]

Bitcoin Price Stuck In Range But Here’s Why Bulls Are Safe?

Bitcoin Price Stuck In Range But Here’s Why Bulls Are Safe?

Bitcoin price is moving lower below $29,500. BTC could start a fresh increase if there is a close above the $30,000 resistance zone. Bitcoin is slowly moving lower below the $29,500 pivot level. The price is trading below $29,300 and the 100 hourly Simple moving average. There is a key bullish trend line forming with […]