Archives par catégorie: Business

Since the Bitcoin price reached a new yearly high of $31,840 last week, only to invalidate the bullish breakout within a few hours and fall towards $30,000, there has been a strange tranquility in the market. Already since June 23, BTC has been in the trading range between $29,800 and $31,300, with every breakout attempt […]

XRP is now witnessing a surge in network activity as prominent holders of the cryptocurrency make their moves.  The latest findings from Lookonchain, a renowned data analytics firm, shed light on the purchase and sale patterns of XRP whales on the Binance Smart Chain (BSC), signaling a potential rise in selling activity within the market. […]

A record 592,000 Bitcoin, or roughly $17.8 billion, was accumulated when the coin was trading at $30,200, recent Glassnode data indicates. At this accumulation rate, suggesting possible demand, more entities bought more coins at the second fastest pace in the network’s history. This record was only broken when 637,000 BTC were bought at an average […]

Shiba Inu (SHIB) has faced a significant challenge in the form of the December 2022 low. This crucial level has proved a formidable barrier for SHIB bulls, thwarting their attempts to increase prices.  Despite recent upside movements, the resistance at this level has proven to be persistent, creating a precarious situation for the cryptocurrency.  As […]

In the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), the recent order granting in part and denying in part the motion for Summary Judgment by Judge Torres has left many XRP investors eagerly awaiting the next steps. To shed some light on the situation, prominent attorney Jeremy Hogan has […]

The value and popularity of TerraUSD Classic, or USTC, the algorithmic stablecoin of the Terra Classic (LUNC) ecosystem, have skyrocketed recently. Today, the stablecoin makes a surprise rally, sparking a great deal of interest among investors and cryptocurrency aficionados. The sharp growth in USTC could be an indication of a sharp rise in demand and […]

Uniswap’s UNI started a decent increase above $5.35 against the US Dollar. The price is likely to continue higher above $6.00 and $6.20 in the near term. UNI started a fresh increase after forming a base above the $4.75 level against the US dollar. The price is trading above $5.65 and the 100 simple moving […]

Bitcoin price failed to surpass $31,800 and corrected most of its gains. BTC is now attempting a fresh increase from the $29,950 support zone. Bitcoin is consolidating losses above the $30,000 support zone. The price is trading below $30,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with […]

Ethereum price failed to stay above $2,000 and corrected lower against the US Dollar. ETH could start a fresh rally if there is a move above $1,950. Ethereum started a downside correction and tested the $1,900 level. The price is trading below $1,950 and the 100-hourly Simple Moving Average. There is a key bearish trend […]

EigenLayer is an innovative Ethereum based protocol enabling Ethereum validators and stakers to restake their staked ETH on emerging networks to provide security and earn rewards. Users staking ETH natively or with a liquid staking token (LST) can opt-in to EigenLayer smart contracts to restake their ETH or LST. In so doing, they extend cryptoeconomic […]

XRP, the cryptocurrency that powers the XRP Ledger launched by U.S. fintech company Ripple, soars 75% after a U.S. judge ruled on Thursday that Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges. As XRP appears to be poised for a significant resurgence, some experts suggest that […]

SNX, the native token of the Synthetix Network, has been on the rise, gaining more than 35% in the past week. The cryptocurrency continues to exhibit strong bullish momentum, having registered a positive market performance over the past few weeks. SNX’s recent price surge has been linked to the positive sentiment surrounding the Synthetix network. […]

Cardano (ADA) is a decentralized Proof-of-Stake blockchain aiming to become the « Internet of Blockchains » by facilitating seamless interoperability between different blockchain networks. Referred to as an « Ethereum killer, » Cardano (ADA) was launched as a more sustainable and scalable blockchain than Bitcoin and Ethereum. ADA is the token that powers the Cardano network and has become […]

In today’s news, the prominent stablecoin TrueUSD – with the ticker TUSD – is now undergoing a management change.  According to a thread this morning by the project’s official Twitter handle, Archblock Inc., the current TUSD operator, has begun the transfer of total control of Token to its Asian-based owners, Techteryx Ltd.  Techteryx Finally Assumes […]

The news of Ripple’s recent partial victory against the SEC after a legal battle spanning almost three years sent a ripple of joy around the entire crypto industry. However, according to a legal expert on Twitter, Lawyer Bryan Jacoutot, the victory might be short-lived as SEC has enough grounds to appeal the decision and drag […]

Cathie Wood’s investment firm, Ark Invest, has made significant moves in its holdings of Coinbase shares, selling over $50 million worth of shares as the cryptocurrency exchange’s stock continues to surge.  This marked the second time in a week that Ark Invest reduced its stake in Coinbase, reflecting its active management approach amid a backdrop […]

Polygon (MATIC) has demonstrated a significant price surge in the past week, rising by 27.39%. This bullish momentum has been further reinforced by a 9.38% increase in the last 24 hours. However, in the most recent hour, the price experienced a slight decline of 1.04%. Currently trading at $0.84 per MATIC, the cryptocurrency remains 71.11% […]

Avalanche (AVAX), the native token of the Avalanche blockchain, has witnessed a notable price surge of 27.39% over the past seven days, capturing the attention of traders and investors. Currently facing strong resistance at the EMA50 daily level, AVAX is showing promising signs of potential bullish momentum. As buyers accumulate AVAX anticipating a breakout, optimism […]

Is Dogecoin (DOGE losing its charm? Despite the impressive price rally in May, recent trends suggest a decline in engagement and investor interest. As the crypto market continues to evolve, concerns are mounting about the broader implications of Dogecoin’s waning appeal.  Dogecoin’s engagement metrics have faltered, leaving some experts wondering if the crypto’s allure is […]

BNB Chain, the blockchain platform powering the Binance ecosystem, has recently emerged as a formidable force in the crypto world, surpassing its competitors in terms of daily active users. This surge in user engagement has coincided with a surge in the value of the BNB token, which has experienced a steady increase of over 5% […]