Archives par catégorie: Business

Litecoin (LTC) Price Weakens Below $100 As Bears Extend Their Grip

Litecoin (LTC) Price Weakens Below $100 As Bears Extend Their Grip

Litecoin (LTC) has recently faced a significant decline in its price, with bears gaining momentum as it slumps below the crucial $100 mark. LTC, often referred to as the “silver to Bitcoin’s gold,” has been a favorite among investors seeking an alternative to the pioneer cryptocurrency. The bearish momentum behind Litecoin’s decline raises questions about […]

Ethereum Price Prints Bearish Technical Pattern, Why It Could Revisit $1,800

Ethereum Price Prints Bearish Technical Pattern, Why It Could Revisit $1,800

Ethereum price extended its decline below $1,880 against the US Dollar. ETH is showing bearish signs and might decline further toward $1,800. Ethereum is currently attempting a recovery wave from the $1,825 zone. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance […]

ADA Price Consolidates Below $0.30 – What Could Trigger A Sharp Decline?

ADA Price Consolidates Below $0.30 – What Could Trigger A Sharp Decline?

Cardano’s price is struggling below the $0.30 zone. ADA could start a sharp decline if it breaks the $0.2765 support zone in the near term. ADA price is moving lower below the $0.292 support against the US dollar. The price is trading below $0.290 and the 100 simple moving average (4 hours). There is a […]

Bitcoin Price Could Nosedive If It Continues To Struggle Below $31K

Bitcoin Price Could Nosedive If It Continues To Struggle Below $31K

Bitcoin price is moving lower below the $30,500 pivot level. BTC could decline heavily if there is a close below the $29,800 support zone in the near term. Bitcoin is moving lower below the $30,500 support zone. The price is trading below $30,500 and the 100 hourly Simple moving average. There was a break below […]

Coinbase Shake-Up: Top Execs Sell Off COIN Shares – How Will It Affect The Stock Price?

Coinbase Shake-Up: Top Execs Sell Off COIN Shares – How Will It Affect The Stock Price?

Reputable cryptocurrency company Coinbase, headquartered in the United States, has recently experienced significant stock sales by its top executives. This development occurs against the backdrop of the company’s ongoing struggles, such as regulatory scrutiny and a stagnant trading volume on the cryptocurrency market, which have hampered its growth prospects. Detailed information concerning the stock sales […]

Solana (SOL) Tallies 10% Gains On Weekly Chart – Will It Cross $25?

Solana (SOL) Tallies 10% Gains On Weekly Chart – Will It Cross $25?

Solana (SOL) has witnessed a remarkable recovery in the past week, showcasing a string of steady gains. Presently, SOL has increased by 10% and is actively traded at $21.80, reflecting a slight uptick in the crypto’s price. While it’s important to note that SOL remains significantly distant from its all-time high of $260, the recent […]

Stellar (XLM) Sheds 13% As Bearish Sentiment Takes Over

Stellar (XLM) Sheds 13% As Bearish Sentiment Takes Over

In the past week, Stellar (XLM) experienced a decline in price, moving from $0.1 to $0.096. This represents a decrease of -13.42% in value. Furthermore, in the past 24 hours, XLM recorded a minor drop of -0.61%. These price movements indicate a slight bearish sentiment prevailing in the crypto market, with XLM being influenced by […]

PEPE Bulls Losing Steam? Fatigue Appears To Undermine Price Rally

PEPE Bulls Losing Steam? Fatigue Appears To Undermine Price Rally

PEPE, once riding the waves of a bullish surge, finds itself in a precarious position as the price correction of Bitcoin (BTC)] reverberates across the market. Over the past 24 hours, the signs of exhaustion have become increasingly apparent, casting a shadow of doubt on PEPE’s recent gains.  The critical resistance hurdle at $0.00000172 looms […]

XRP Next Step: Here’s Why An Upward Move Could Be Likely

XRP Next Step: Here’s Why An Upward Move Could Be Likely

XRP’s price performance has been underwhelming recently, with a notable decline from its previous highs. Regulatory uncertainties surrounding Ripple Labs, the company behind XRP, have played a significant role in dampening investor sentiment.  The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) regarding the classification of XRP as a security […]

Circle Intervenes, Freezes $63 Million From Multichain Hack

Circle Intervenes, Freezes $63 Million From Multichain Hack

Circle, the official issuer of USDC, the second largest stablecoin by circulating supply, has frozen $63 million from the Multichain hack. Compiled Etherscan data on July 7 shows that the stablecoin issuer froze $27.65 million, $30.1 million, and $5.5 million in three transactions, hampering the hacker’s cash-out efforts. Multichain Hacked, Circle Intervenes Multichain, a cross-chain […]

Polygon Labs CEO Steps Down, Chief Legal Officer Takes The Helm

Polygon Labs CEO Steps Down, Chief Legal Officer Takes The Helm

Polygon Labs, the company behind the Polygon blockchain, has announced management changes as it undergoes a rebrand to the next chapter of its corporate development, known as “Polygon 2.0.”  The company has promoted its chief legal officer, Marc Boiron, to the position of CEO, while President Ryan Wyatt will step down at the end of […]

Analysts Puts Bitcoin At $125,000 By 2024, How Is This Possible?

Analysts Puts Bitcoin At $125,000 By 2024, How Is This Possible?

Matrixport, a crypto financial services platform, has always been bullish on Bitcoin, especially in 2023. So its latest prediction for the digital asset comes as no surprise to investors. This time around, Matrixport analysts have predicted that the price of BTC will push forward to as high as $125,000 by the end of 2024. A […]

Ripple Head Of Policy Calls For UK To Join Global Trend Of CBDC Adoption

Ripple Head Of Policy Calls For UK To Join Global Trend Of CBDC Adoption

In an interview with the Digital Pound Foundation, Ripple Head of Policy Susan Friedman shared her positive outlook on London’s potential as a crypto hub, highlighting its dedication to developing ecosystems for crypto assets and Central Bank Digital Currencies (CBDCs).  Ripple Advocates For Encouraging CBDC Ecosystem Development Friedman noted that Ripple’s goal is to advocate […]

Hackers Have Stolen $30 Billion In Crypto Since 2012, SlowMist Report Finds

Hackers Have Stolen $30 Billion In Crypto Since 2012, SlowMist Report Finds

Due to the anonymity cryptocurrencies provide, the crypto industry is known to be targeted by hackers and other malicious players. This has left many wondering just how much digital currency has been pilfered from right under the nose of the industry over the years.  Now, the latest report by blockchain security firm SlowMist seems to […]

Arbitrum DAO Locks $770 Million In ARB Tokens Into Vesting Contract: Implications For ARB

Arbitrum DAO Locks $770 Million In ARB Tokens Into Vesting Contract: Implications For ARB

Arbitrum DAO recently took a step toward addressing an obstacle. The DAO has committed to locking 700 million ARB tokens, valued at an estimated $770 million, into a vesting contract to foster transparent governance and accountability, per a community proposal.  The approval for this commitment came from an improvement proposal introduced during a contentious period […]

Cardano Foundation Collaborates With Epoch Sports And Merchandise For Lacrosse Championship 2023

Cardano Foundation Collaborates With Epoch Sports And Merchandise For Lacrosse Championship 2023

The Cardano Foundation has recently announced a technical partnership with Epoch Sports and Merchandise. Epoch Sports is a prominent US-based sports brand, and Merchandise, a comprehensive full-stack apparel ecosystem. This alliance aims to introduce a limited edition jersey that will be authenticated using blockchain technology. During the 2023 World Lacrosse Men’s Championship, 6000 Limited Edition […]

Surging Demand For Bitcoin Ordinals Propels Q2 Trading Volume To $210M

Surging Demand For Bitcoin Ordinals Propels Q2 Trading Volume To $210M

Bitcoin Ordinals’ unique non-fungible token (NFT) inscriptions on the Bitcoin blockchain have recently registered over $210 million in trading volume in the first half of 2023 alone. This new wave of innovation, coupled with the volume recorded so far, demonstrates the potential that lies within the intersection of blockchain technology and digital artistry. Bitcoin Ordinals’ […]

Bitcoin Short-Term Holders Continue Exchange Inflows, But Price Holds On

Bitcoin Short-Term Holders Continue Exchange Inflows, But Price Holds On

On-chain data shows that Bitcoin short-term holders have continued to make exchange inflows, but the asset’s price has held on so far. Bitcoin Short-Term Holders Make High Deposits For 20 Straight Days According to data from the on-chain analytics firm Glassnode, the short-term holders have sent 617,000 BTC to exchanges during the past 20 days. […]

Ethereum Address Creation Spikes, Adoption On The Rise?

Ethereum Address Creation Spikes, Adoption On The Rise?

On-chain data shows that the Ethereum network has been observing high address creation recently, a sign that adoption could be going up. Ethereum Network Growth Has Registered High Values Recently According to data from the on-chain analytics firm Santiment, ETH’s network growth has now hit its highest level in around four months. The “network growth” […]