Archives par catégorie: Business

Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon

Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon

Ethereum has been closing red week after red week for the past 11 weeks. It is the longest red streak that has been recorded in the history of the cryptocurrency, hence, it carried significant implications for the digital asset. Through the decline, it has been one of the worst-hit coins, performing poorly compared to the […]

CME Net Short Exposure Reaches ATH: Why Institutions Are Bearish on Ethereum

CME Net Short Exposure Reaches ATH: Why Institutions Are Bearish on Ethereum

Ethereum has seen some selling pressure today and has rolled back on a portion of its gains. The cryptocurrency was bouncing back from below the $1,000 levels but has found hurdles on lower timeframes. Related Reading | Outflows Rock Bitcoin As Institutional Investors Pull The Plug, More Downside Coming? At the time of writing, ETH’s price […]

Bitcoin “Reserve Risk” Metric Approaches All-Time Lows

Bitcoin “Reserve Risk” Metric Approaches All-Time Lows

Data shows the Bitcoin “reserve risk” indicator has recently plunged down and is now reaching all-time lows only seen back in 2015 bear and the March 2020 COVID crash. Bitcoin Reserve Risk Suggests HODLing Relative To Price Is Strong According to the latest weekly report from Glassnode, BTC investors have been holding strong onto their […]

Fetch.ai Announces DabbaFlow, A File Sharing and Data Management Platform

Fetch.ai Announces DabbaFlow, A File Sharing and Data Management Platform

Fetch.ai, the development team building an open-source, machine learning-powered network for smart infrastructure and customizable dApps, has launched DabbaFlow. In a press release, Fetch.ai said the ready-made and end-to-end encrypted file-sharing system is the first of its kind and would empower businesses and entities to take control of their data privately and securely. Notably, DabbaFlow […]

Why Crypto Is “Likely To Dump” As It Lags The S&P 500, Expert Says

Why Crypto Is “Likely To Dump” As It Lags The S&P 500, Expert Says

Bitcoin remains stuck at its current levels. The number one cryptocurrency has been unable to push upwards and could be in danger of revisiting its yearly lows. Related Reading | Outflows Rock Bitcoin As Institutional Investors Pull The Plug, More Downside Coming?  At the time of writing, Bitcoin trades at $20,700 with sideways movement in the […]

Outflows Rock Bitcoin As Institutional Investors Pull The Plug, More Downside Coming?

Outflows Rock Bitcoin As Institutional Investors Pull The Plug, More Downside Coming?

Outflows have been the order of the day since the price of cryptocurrencies such as Bitcoin had begun to crash. The same sentiment had spread through individual as well as institutional investors, leading to massive sell-offs in the space. Despite the price of bitcoin recovering in recent times, it seems that the sellers are not […]

Glassnode Deems 2022 Bear Market As The Most Atrocious For BTC And All Cryptocoins

Glassnode Deems 2022 Bear Market As The Most Atrocious For BTC And All Cryptocoins

According to the details, this year’s bearish market trend is the worst in history for BTC and other coins. It records many BTC traders engaging in panic sell-offs even with losses to ensure they are not drowned. Volatility is one attribute that marks digital currencies. Unfortunately, it’s a trend that could cause most inexperienced investors […]

Coinbase Commerce Updates: Faster Payments, No Fees, More Currency Options

Coinbase Commerce Updates: Faster Payments, No Fees, More Currency Options

Tl;dr: We’re announcing two big updates to our Commerce platform: instant, free payments from Coinbase users to Commerce merchants, and seven new cryptocurrencies that can be used for payments through Commerce. One of Coinbase’s goals is to become a platform that brings together consumers and businesses in the cryptoeconomy. By making cryptocurrency transactions easier and […]

LUNA2 Recovers 70% In Nine Days From Historic Lows

LUNA2 Recovers 70% In Nine Days From Historic Lows

The company behind TerraUSD and Luna, which sparked a crypto market collapse last month, launched a new coin. However, it is now developing actively. For example, nine days after falling to an all-time low of $1.62, the price of Terra’s freshly minted new token (LUNA2) increased significantly. Regarding recovery from the previous low, LUNA2’s pricing […]

What Is Play-and-Earn by BeaRex and Why It Is Revolutionary for GameFi

What Is Play-and-Earn by BeaRex and Why It Is Revolutionary for GameFi

BeaRex has kicked off a new era for GameFi fans: the Play-and-Earn era (P&E). This approach takes into account the interests of all participants in the blockchain gaming ecosystem: those who want to play for money, as well as those who just play for fun. After all, the cheerful 2D runner was primarily created so […]

More security, transparency, and scalability: What blockchain needs for mass adoption

More security, transparency, and scalability: What blockchain needs for mass adoption

In February 2022, the Ukrainian government ran a crypto donation campaign to support victims of the Russian invasion. When the nation tried to reward those who had contributed to the fundraiser by sending crypto wallet holders complimentary NFTs, a slew of scammers took advantage of the government’s generosity, causing the operation to cease. Rug pull […]

TA: Bitcoin Dips Further, Why BTC Could Revisit $20K

TA: Bitcoin Dips Further, Why BTC Could Revisit $20K

Bitcoin is moving lower below the $21,000 zone against the US Dollar. BTC could gain bearish momentum below the $20,650 support zone. Bitcoin struggled to rise above $21,200 and declined towards $20,650. The price is now below the $21,000 level and the 100 hourly simple moving average. There is a key bearish trend line forming […]

Ethereum Fees Touch Monthly Lows As Transaction Volumes Plummet

Ethereum Fees Touch Monthly Lows As Transaction Volumes Plummet

Ethereum fees had touched new highs thanks to the popularity of the decentralized finance (DeFi) space. As network activity had grown, so had the transaction volumes. The effects continue to linger even into the bear market, although fluctuations between low and high are now more common in the space. Presently, transaction volumes have fallen sharply […]

“Buy The Dip” Sentiment Fails To Save Crypto Market, New Data Reveals Why

“Buy The Dip” Sentiment Fails To Save Crypto Market, New Data Reveals Why

Since crypto prices have fallen to their lowest point, now is the ideal time to “Buy-the-Dip.” But during these brief price declines, traders appear to be shorting cryptocurrency more than they are buying it. “Buy-the-Dip” Sentiments Does Not Stop Crypto Shorting More short sales or shorting occur in altcoins than in bitcoin. In the past […]

Bitcoin Monthly Tags Lower Bollinger Band, Tool’s Creator Hints At Bottom

Bitcoin Monthly Tags Lower Bollinger Band, Tool’s Creator Hints At Bottom

Bitcoin price action on monthly timeframes has made a historic move to the touch the lower Bollinger Band – a popular technical indicator and volatility measuring tool. Although he warns there isn’t yet a sign that a bottom is in, the tool’s creator says where price action tapped is a “logical” level for such a […]

First In History: Bitcoin Mayer Multiple Records Lower Value Than Last Cycle’s Low

First In History: Bitcoin Mayer Multiple Records Lower Value Than Last Cycle’s Low

The Bitcoin Mayer Multiple has recently sunk to a lower value than the bottom of the previous cycle. This is the first time in the history of the metric that such a trend has formed. Current Bitcoin Cycle’s Mayer Multiple Low Is Deeper Than Last Cycle’s As per data released from the analytics firm Glassnode, […]

Crypto Liquidations Settle As Bitcoin Recovers Above $21,000

Crypto Liquidations Settle As Bitcoin Recovers Above $21,000

Crypto liquidations had ramped up following the market crash. Even with the recovery had come more liquidations as short calls had also taken a hit. However, with the recovery moving over the last week, the market has begun to regain some semblance of balance and so the liquidations have begun to settle. Crypto Market Liquidations […]