Archives par catégorie: Business

Bitcoin ‘Shrimp’ Catch Soars To All-Time High Of 1.31 Million Coins – Details

Bitcoin ‘Shrimp’ Catch Soars To All-Time High Of 1.31 Million Coins – Details

Bitcoin (BTC) shrimp investors, affectionately dubbed the “underdogs” of the cryptocurrency world, are making waves in the market as they steadily accumulate the digital asset at an unprecedented rate.  These smaller investors, often overlooked in favor of institutional giants, have recently reached a significant milestone, with the total supply of Bitcoin held by them surging […]

Web3 Reinvented: Polygon Labs, Sequence Join Forces To Transform Infrastructure

Web3 Reinvented: Polygon Labs, Sequence Join Forces To Transform Infrastructure

The Web3 industry offers a diverse range of services, creating a dynamic landscape for individuals. A notable development in this space is the recent partnership announcement by Horizon, the creators of Sequence, aimed at redefining Web3 infrastructure. This collaboration has had a significant impact, particularly on Polygon’s governance token MATIC, which experienced a notable increase […]

SEC Junks Grayscale’s Filecoin Trust Application Over ‘Security’ Label

SEC Junks Grayscale’s Filecoin Trust Application Over ‘Security’ Label

Filecoin, a decentralized storage platform based on blockchain technology, has recently found itself entangled in a regulatory debate as the United States Securities and Exchange Commission (SEC) raises concerns over its classification as a security.  Grayscale Investments, a prominent digital asset management firm, has been instructed by the SEC to withdraw its application for a […]

Ethereum Price Faces Confluence Of Bearish Factors and At Risk of Another Decline

Ethereum Price Faces Confluence Of Bearish Factors and At Risk of Another Decline

Ethereum price is struggling below the $1,840 resistance against the US Dollar. ETH could decline heavily if there is a clear move below the $1,780 support. Ethereum is currently facing many hurdles near the $1,840 resistance zone. The price is trading below $1,820 and the 100-hourly Simple Moving Average. There is a major bearish trend […]

Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $27,500

Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $27,500

Bitcoin price is struggling below $27,500. BTC is now at risk of a downside break unless there is a close above the $27,500 resistance. Bitcoin started another decline and traded below the $26,800 level. The price is trading below $27,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming […]

MATIC Surges Past Key Resistance Level: Can This Breakout Sustain?

MATIC Surges Past Key Resistance Level: Can This Breakout Sustain?

The MATIC price recently broke above a key resistance level, indicating a positive development. However, its price appreciation over the past week has been modest, with only a 2% increase. MATIC has remained close to a critical support line on its daily chart despite the breakout. The technical outlook suggests that recovery might take some […]

Whale Alert: 1,750 Bitcoin (BTC) Moved To Exchange, Massive Plunge Incoming?

Whale Alert: 1,750 Bitcoin (BTC) Moved To Exchange, Massive Plunge Incoming?

An intriguing development has caught the crypto community’s attention as a Bitcoin whale deposited a substantial amount of BTC on the world’s largest crypto exchange, Binance. This significant move has sparked speculation about potential selling pressure and the subsequent impact on Bitcoin’s price. Notably, the massive deposit was recorded when Bitcoin showed signs of a rebound following […]

CeFi Users Want To Explore DeFi: Uniswap Survey Uncovers New Wave Of Adoption

CeFi Users Want To Explore DeFi: Uniswap Survey Uncovers New Wave Of Adoption

Uniswap Labs, a leading decentralized finance (DeFi) platform, has recently conducted a survey to understand the motivations and barriers of US-based retail users towards DeFi. The survey received 1,860 responses, including non-crypto, centralized finance (CeFi), and DeFi users. The survey revealed that despite the bear market backdrop, nearly half of CeFi users expressed an interest […]

Bitcoin Binary CDD Stays Low, Here’s What This Means

Bitcoin Binary CDD Stays Low, Here’s What This Means

On-chain data shows the Bitcoin Binary Coin Days Destroyed (CDD) has stayed low recently. Here’s what this says about the current market. Bitcoin Binary CDD Has Remained At Very Low Levels Recently According to data from the on-chain analytics firm Glassnode, this indicator attained high values during the 2021 bull run. To understand the CDD […]

Internet Computer (ICP) Dips, Will Bearish Momentum Persist?

Internet Computer (ICP) Dips, Will Bearish Momentum Persist?

The price of Internet Computer (ICP) experienced a downward movement dropping by 41.98% to a low of $5.05 on April 26, 2023. This was after a significant surge from April 10 to April 19, when it started the downtrend.  This price decline affected the market sentiment of Investors and traders. Since the beginning of this […]

Ripple CTO Addresses Controversy Surrounding BitBoy’s BEN Token Sell-Off

Ripple CTO Addresses Controversy Surrounding BitBoy’s BEN Token Sell-Off

The crypto space is bubbling with many comments and reactions about the sale of BEN tokens by the famous crypto influencer Ben Armstrong, also known as BitBoy. One of the notable reactions came from the Ripple Labs CTO, David Schwartz, who disclosed that his lack of trust in the YouTuber goes far back in the […]

Toncoin (TON) Price Plummets As Bears Overpower Bulls In Market Downturn

Toncoin (TON) Price Plummets As Bears Overpower Bulls In Market Downturn

Toncoin is trading in the red today, losing some of its price gains in the past week. Its 24-hour trading volume is down over 3% at press time, indirectly contributing to today’s price slump.  TON traded at the $2 price level since January 1, 2023, slowly accumulating its gains. However, the bears forced a price […]

Ethereum Whale Resurfaces After 2-Year Hiatus, Stakes $7.4 Million In ETH

Ethereum Whale Resurfaces After 2-Year Hiatus, Stakes $7.4 Million In ETH

Ethereum (ETH) recently witnessed a remarkable event that sent ripples of excitement through the crypto community. An Ethereum whale emerged from a prolonged slumber, making a substantial return to the scene after remaining inactive for more than two years.  A “whale” is a term used to describe individuals or entities holding significant amounts of cryptocurrency.  The […]

Crypto Regulation In South Korea Under Scrutiny Following Gruesome Murder Case

Crypto Regulation In South Korea Under Scrutiny Following Gruesome Murder Case

Crypto regulation is gaining momentum in South Korea as lawmakers seek to impose stricter rules on digital assets in response to a shocking murder case linked to cryptocurrency.  In a tragic incident reported by Bloomberg, a Korean woman was kidnapped and subsequently killed in what appears to be a dispute arising from losses related to […]

Bitcoin Bullish Signal: Whales Accumulate 84,897 BTC

Bitcoin Bullish Signal: Whales Accumulate 84,897 BTC

On-chain data shows the Bitcoin whales have accumulated 84,897 BTC during the last five weeks, something that could be bullish for the price. Bitcoin Whales Have Been Growing Their Holdings Recently According to data from the on-chain analytics firm Santiment, when whales last accumulated like this, the price jumped about 34%. The relevant indicator here […]

Is Bitcoin Ready For A Breakout? Glassnode Co-Founder Weighs In

Is Bitcoin Ready For A Breakout? Glassnode Co-Founder Weighs In

Bitcoin, the world’s largest cryptocurrency by market capitalization, has been in a consolidation phase for the past few weeks. While this may seem like a period of relative stability, on-chain intelligence platform Glassnode co-founder Yann Allemann suggests that it could indicate an impending price movement.  In the past, similar consolidation periods have often been followed […]