Archives par catégorie: Business

Analyst Says XRP Will Reach $100, Here’s Why

Analyst Says XRP Will Reach $100, Here’s Why

XRP, one of the prominent cryptocurrencies in the market, has witnessed a remarkable surge in its daily burn rate, sparking speculation about its potential to go on a bull rally. Crypto analyst and influencer 24HRSCRYPTO is one of those who have put forward an extremely optimistic outlook for the XRP cryptocurrency. The analyst says that […]

Bitcoin Humpback Wallets Reach ATH, Is BlackRock Behind The Surge?

Bitcoin Humpback Wallets Reach ATH, Is BlackRock Behind The Surge?

A recent development has caught the attention of on-chain analysts and Bitcoin enthusiasts alike. On-chain expert Axel Adler Jr, citing data from CryptoQuant, has revealed that wallets belonging to the ‘Humpback’ cohort, have reached a new all-time high (ATH). This surge has raised speculation about the involvement of institutional giants such as BlackRock or Fidelity. […]

Mercuryo’s Big Time Summit in Cyprus: Revolutionizing the FinTech Industry

Mercuryo’s Big Time Summit in Cyprus: Revolutionizing the FinTech Industry

The global payments infrastructure platform Mercuryo has announced the launch of Big Time Summit – a FinTech event to be held for the first time in Limassol, Cyprus, on July 7, 2023.  The event will be held with the support of Invest Cyprus, Mercuryo’s trusted partner. Their team is ready to support businesses during the […]

Lido (LDO) Sustains Weekly Run With 16% Gain – What Fuels It?

Lido (LDO) Sustains Weekly Run With 16% Gain – What Fuels It?

Lido (LDO), a prominent player in the decentralized finance (DeFi) space, has emerged as a frontrunner in the rapidly expanding Liquidity Staking Derivatives (LSD) sector.  Amidst the turbulence caused by the highly controversial lawsuit filed by the US Securities and Exchange Commission (SEC) in June, the decentralized finance (DeFi) sector has found itself in a […]

Stablecoins Volume Down Despite Crypto Market Recovery, Ratings Agency Finds

Stablecoins Volume Down Despite Crypto Market Recovery, Ratings Agency Finds

Stablecoins, the digital assets designed to maintain a stable value, have long been viewed as a potential bridge between the cryptocurrency world and the traditional financial industry. However, recent developments have cast a shadow of uncertainty over their perceived stability.  As global policymakers continue to grapple with concerns about the crypto sector’s impact on the […]

What’s Next For Bitcoin Price? Bulls Aren’t Running Out Of Steam Yet

What’s Next For Bitcoin Price? Bulls Aren’t Running Out Of Steam Yet

After Bitcoin reached a new yearly high at $31,413, the buy side has so far failed to initiate a trend-following move north. Although the bulls fended off a sell-off last Friday in the wake of the SEC’s perceived concerns over a Bitcoin spot ETF approval, the momentum seems to be increasingly flattening, or isn’t it? […]

Dwindling Optimism (OP) Value May Be A Result Of This Factor

Dwindling Optimism (OP) Value May Be A Result Of This Factor

Optimism (OP), a prominent Layer 2 network, is experiencing a noticeable decline in network activity as the hype surrounding meme coins takes a dip. Once bustling with vibrant transactions and a fervent community, Optimism now faces a subdued atmosphere as users shift their attention away from these speculative assets.  The decrease in meme coin fervor […]

XRP Price Could Regain Strength Above This Key Resistance

XRP Price Could Regain Strength Above This Key Resistance

Ripple’s token price is moving higher from $0.4560 against the US Dollar. XRP price might gain bullish momentum if it clears the $0.4960 resistance zone. Ripple’s token price is moving higher toward the $0.4960 resistance against the US dollar. The price is now trading above $0.48 and the 100 simple moving average (4 hours). There […]

Ethereum Price Lacks Momentum Above $1,950 But Dips Could Be Limited

Ethereum Price Lacks Momentum Above $1,950 But Dips Could Be Limited

Ethereum price failed to test $2,000 and corrected lower against the US Dollar. ETH is testing the $1,930 support and might start a fresh increase. Ethereum is correcting gains from the $1,975 zone. The price is trading above $1,930 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance near […]

Bitcoin Price Could See Fresh “Liftoff” if It’s Able to Hold One Key Level

Bitcoin Price Could See Fresh “Liftoff” if It’s Able to Hold One Key Level

Bitcoin price corrected gains and retested the $30,650 support. BTC could start a fresh increase if it stays above the $30,000 support zone. Bitcoin is holding gains above the $30,650 support zone. The price is trading above $30,700 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support […]

Bitcoin Ordinals: This New BRC Standard Could Reduce Inscription Fees By 90%

Bitcoin Ordinals: This New BRC Standard Could Reduce Inscription Fees By 90%

Luminex, a Bitcoin Ordinals launchpad, has proposed a new standard called BRC-69, which will allegedly optimize the costs of inscribing on this network. This proposal comes barely a month after Bitcoin Ordinals’ developers introduced recursive inscriptions to address the block size limit of 4 MB. Unlike normal Ordinals inscriptions, recursive inscriptions can reference each others’ […]

Trader Bets Against Ethereum, Losses A Big Chunk Of The $2 Million Margin On GMX

Trader Bets Against Ethereum, Losses A Big Chunk Of The $2 Million Margin On GMX

A trader’s big bet against Ethereum caused him to lose a big chunk of his $2 million margin. Considering the firm and steady increment of ETH prices over the last few weeks, more could be at stake.  In a series of screenshots shared on July 3 on Reddit, one trader on GMX has been aggressively […]

SSV Network Unveils Plan For Decentralized ETH Staking Infrastructure

SSV Network Unveils Plan For Decentralized ETH Staking Infrastructure

The ssv.network has finally announced the launch of its mainnet, bringing a decentralized Ethereum (ETH) staking infrastructure to the Ethereum network. The launch follows more than two years of testing and refining, and the network is poised to revolutionize the staking industry. SSV Network’s Decentralized Infrastructure The ssv.network’s mainnet rollout plan includes four phases, each […]

The Psychology of ‘Aping In’: Decoding Crypto Investment Behavior

The Psychology of ‘Aping In’: Decoding Crypto Investment Behavior

Cryptocurrency investing is a thrilling rollercoaster ride, full of potential riches and pitfalls that can leave investors both exhilarated and disoriented.  In this high-stakes arena, the phrase « aping in » describes the impulsive behavior of investors diving headfirst into the latest crypto craze disregarding the risks involved.  This phenomenon highlights the critical role psychology plays in […]

Litecoin Primed For 13% Rally Soon Upon Breaking Past This Level

Litecoin Primed For 13% Rally Soon Upon Breaking Past This Level

Litecoin has demonstrated a consistently positive trend in recent weeks, reflecting a strong market sentiment. As the broader market has gained strength in recent trading sessions, Litecoin has managed to sustain its gains. The price of Bitcoin has surpassed $31,000 at present, resulting in an upward movement for other altcoins as well. While Litecoin has […]