Archives par catégorie: Business

PEPE Price Drops More Than 60% From ATH – What Lies Ahead?

PEPE Price Drops More Than 60% From ATH – What Lies Ahead?

The price of PEPE coin has experienced a significant decline, plummeting over 60% since reaching its peak on May 5. This substantial downturn has dealt a heavy blow to optimistic investors who were aiming to capitalize on their impressive triple-digit profits from June.  The latest insights from on-chain data suggest massive whale movement. In light […]

Shiba Inu Whale Holding 10% Of Total SHIB Supply Shocks The Market

Shiba Inu Whale Holding 10% Of Total SHIB Supply Shocks The Market

In a jaw-dropping discovery that has sent shockwaves through the Shiba Inu community, a dormant whale has emerged from hibernation. This anonymous early investor, who holds a staggering 10.15% of the total SHIB supply, has recently made significant moves, causing speculation within the community. The whale, identified by his address “0x140”, has been dormant for […]

Galaxy Digital Founder Anticipates BTC Price Surge Due To This Reason

Galaxy Digital Founder Anticipates BTC Price Surge Due To This Reason

Mike Novogratz, founder of Galaxy Digital Holdings Ltd., recently gave his views about Bitcoin’s future and the anticipated approval of Bitcoin exchange-traded funds (ETFs) in the US, providing a glimpse into what might be in store for the world of crypto. Novogratz’s insights, shared during an interview on Bloomberg TV, come at a crucial time […]

Shiba Inu Market Cap Climbs By $500 Million – Is A Price Rally On The Horizon?

Shiba Inu Market Cap Climbs By $500 Million – Is A Price Rally On The Horizon?

Shiba Inu (SHIB) has made significant strides in the digital asset market, currently holding a market capitalization of over $4.4 billion. This remarkable achievement has propelled SHIB to claim the 18th position among the largest cryptocurrencies. Over the course of the past month, SHIB has witnessed a substantial increase in market capitalization. From June 13 […]

Ethereum Price Topside Bias Vulnerable If ETH Drops Below $1,825

Ethereum Price Topside Bias Vulnerable If ETH Drops Below $1,825

Ethereum price failed again to clear the $1,900 resistance against the US Dollar. ETH is declining and might revisit the $1,825 support zone. Ethereum topped near the $1,900 resistance and declined. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support […]

Bitcoin Price Fails To Follow Gold After US CPI, More Losses Ahead?

Bitcoin Price Fails To Follow Gold After US CPI, More Losses Ahead?

Bitcoin price failed to gain bullish momentum after the US CPI release. BTC is trading below $30,500 and there is a risk of a drop toward $29,850. Bitcoin failed to clear the $30,850 resistance and reacted to the downside. The price is trading below $30,500 and the 100 hourly Simple moving average. There was a […]

Litecoin Becomes 10th-Largest Cryptocurrency, But Is There Still Room To Run?

Litecoin Becomes 10th-Largest Cryptocurrency, But Is There Still Room To Run?

Litecoin has seen one of the most impressive runs of any cryptocurrency over the last couple of weeks and this run has propelled the altcoin’s standing in the industry. After rallying more than 30% over a period of three weeks, the digital asset is now the 10th-largest cryptocurrency in the space. LTC’s Market Cap Crosses […]

Chainlink Price Stalls At Key Support Level, Have The Bears Taken Over?

Chainlink Price Stalls At Key Support Level, Have The Bears Taken Over?

Over the past week, the Chainlink price has been hovering around its local support level, as altcoins have displayed similar indecisiveness in response to broader market sentiment. However, in the last 24 hours, Bitcoin and LINK experienced slight gains on their charts. LINK saw a 1.5% increase, and its weekly chart indicated consolidation. The altcoin’s […]

Fund Manager Vanguard Increases Stake In Bitcoin Mining Stocks To $600 Million

Fund Manager Vanguard Increases Stake In Bitcoin Mining Stocks To $600 Million

Bitcoin mining is a topic that keeps popping up recently on the news concerning the crypto industry. And Vanguard, one of the world’s largest investment firms, has joined in on the action, as it has increased its stake in Bitcoin mining stocks to over half a billion dollars. Vanguard Buys More Bitcoin Mining Stocks When […]

Tether CTO Paulo Adoino Explains 1 Billion USDT Issuance

Tether CTO Paulo Adoino Explains 1 Billion USDT Issuance

Tether, one of the largest stablecoin issuers, has recently made a significant move in the cryptocurrency market. With the release of an additional 1 billion USDT on the Ethereum and TRON networks, Tether aims to solidify its market dominance and enhance its interoperability. Whale Alert, an on-chain analytics account known for monitoring significant cryptocurrency transactions, […]

Silk Road’s Ghosts Haunt Bitcoin Market As US Government Moves 9,800 BTC

Silk Road’s Ghosts Haunt Bitcoin Market As US Government Moves 9,800 BTC

A significant development has emerged in the ongoing saga surrounding the defunct criminal online marketplace Silk Road. On-chain data suggest that a massive amount of funds tied to the marketplace is on the move, with more than 9,000 Bitcoin (BTC) recently transferred from two Silk Road-related addresses. The addresses in question are suspected to have been […]

Bitcoin Stuck In Tight Range: Will BTC Decompress With A Big Move?

Bitcoin Stuck In Tight Range: Will BTC Decompress With A Big Move?

Data shows Bitcoin has been stuck in a historically tight 14-day range recently, something that has decompressed into big moves in the past. Bitcoin 14-Day Range Has Been Extremely Narrow Recently According to data from the analytics firm Glassnode, the 14-day range has only been narrower than now during less than 2% of the cryptocurrency’s […]

FTT Up By 21% Despite FTX Claims Portal Troubles

FTT Up By 21% Despite FTX Claims Portal Troubles

FTT, the native token of the controversial FTX ecosystem, has been pumping lately. This recent price upswing was triggered by the launch of a customer claims portal, an online platform for customers to access their account information and submit electronic proof of claims in FTX’s restructuring proceedings.  Although the portal became unavailable barely an hour […]

Conflux (CFX) Climbs By 11% As Bank of China Begins Sim Card Payment With Digital Yuan

Conflux (CFX) Climbs By 11% As Bank of China Begins Sim Card Payment With Digital Yuan

Conflux (CFX) has recently recorded a significant price rise following a few days of bearish movements. According to data from CoinMarketCap, CFX has gained by 11.39% in the last 24 hours, emerging as the day’s top gainer. So what’s driving this price gain? Bank of China Announces SIM Card NFC Payments, Sparks Excitement In The […]

Celsius Takes Legal Action Against StakeHound For Withholding $150 Million

Celsius Takes Legal Action Against StakeHound For Withholding $150 Million

Bankrupt cryptocurrency lender, Celsius Network, has filed a lawsuit against Liquid Staking Platform StakeHound. The crypto lender claims that Stakehound allegedly owes $150 million worth of tokens, including ether (ETH), Polygon’s MATIC, Polkadot’s DOT, and other cryptocurrencies, that belong to Celsius. The complaint was filed as part of Celsius Network’s ongoing bankruptcy proceedings. And according […]

Polygon Volume Registers Sharp Increase, What Does It Mean?

Polygon Volume Registers Sharp Increase, What Does It Mean?

On-chain data shows the Polygon trading volume has seen a significant increase compared to the other altcoins. Here’s what this means for MATIC. Polygon Trading Volume Has Observed A Sharp Jump Recently According to data from the on-chain analytics firm Santiment, altcoins have observed an increase in trading volume during the last few days. The […]

Kava Brushes Off Market Downtrend, Gains 11% On Weekly Chart

Kava Brushes Off Market Downtrend, Gains 11% On Weekly Chart

KAVA is one of the Layer-1 blockchains in the crypto industry with links to two top blockchains, Ethereum and Cosmos. The network combines the Cosmos blockchain, and the EVM technology boosting its speed, security, and maximum scalability. It also utilizes the developer support of the Ethereum network.  As such, Kava supports cross-chain interoperability, allowing users […]

CPI Data For June Is A Bullish Surprise For Bitcoin And Crypto

CPI Data For June Is A Bullish Surprise For Bitcoin And Crypto

The Consumer Price Index (CPI) data for June, released by the Bureau of Labor Statistics today, has sent ripples of optimism throughout the Bitcoin and crypto market. The latest figures reveal a surprising cooling in inflation, which has ignited hopes of a positive outlook. According to the data, the headline CPI year-over-year (YoY) inflation fell […]

Aptos (APT) Succumbs To Bearish Pressure, Loses 10% In A Single Week

Aptos (APT) Succumbs To Bearish Pressure, Loses 10% In A Single Week

APT, the native cryptocurrency of the Aptos blockchain, continues to exhibit an underwhelming market performance in 2023. Following a somewhat positive run at the beginning of July, it seems the bears are back in control, with APT’s value dipping by nearly 10% in the last seven days. This has pretty much been the case for […]