Archives par catégorie: Business

Ethereum Spurts 13% In The Past Week, Investors Hopeful Of Market Bottom

Ethereum Spurts 13% In The Past Week, Investors Hopeful Of Market Bottom

At its current price of $1,408, investors and traders are hopeful that the market bottom is finally here for Ethereum. Analysts are observing that Ethereum is at its key resistance level, poised for a breakout as the Consumer Price Index (CPI) data was released Thursday. This rally by Ether – which is up 13% in […]

Chainlink Bullish Signal: LINK Address Activity Returns To 2021 Levels

Chainlink Bullish Signal: LINK Address Activity Returns To 2021 Levels

Data shows Chainlink address activity has returned to 2021 levels recently, a sign that could turn out to be bullish for the asset’s value. Chainlink Daily Active Addresses At High Levels Recently According to data from the on-chain analytics firm Santiment, this increase in LINK activity first started around two months ago. The relevant indicator […]

Ripple CTO Advises Selling Flare (FLR) Tokens, Raises Serious Allegations

Ripple CTO Advises Selling Flare (FLR) Tokens, Raises Serious Allegations

Ripple CTO David Schwartz voiced harsh criticism against the Flare Network in a series of tweets today. After more than two years following the snapshot for XRP holders, the project finally conducted its airdrop for the FLR token on Monday, January 9. As NewsBTC reported, the FLR token already experienced a massive dump of more than […]

TRON Snags No. 2 Spot In TVL As Revenue Spikes Despite Bear Market Pressure

TRON Snags No. 2 Spot In TVL As Revenue Spikes Despite Bear Market Pressure

According to a tweet by TRON (TRX) on January 10, the network has displayed an impressive performance as it is currently ranked second in terms of total value locked (TVL) in the entire crypto space. TRON’s TVL has reached $9.2 billion by end of 2022, TRON DAO disclosed. TRON chief executive to extend help to […]

Ethereum Price Consolidates Near $1,400 As The Bulls Aim $1,500

Ethereum Price Consolidates Near $1,400 As The Bulls Aim $1,500

Ethereum climbed higher above the $1,400 resistance zone against the US Dollar. ETH is consolidating gains and might rise further towards the $1,500 level. Ethereum started a fresh increase above the $1,350 and $1,400 resistance levels. The price is now trading above $1,400 and the 100 hourly simple moving average. There is a major bullish […]

Bitcoin Price Spikes To $19K, Why BTC Could Correct Lower In Short Term

Bitcoin Price Spikes To $19K, Why BTC Could Correct Lower In Short Term

Bitcoin price climbed further higher above $18,500. BTC tested the $19,000 resistance zone and is currently consolidating gains. Bitcoin climbed further higher above the $18,000 and $18,500 resistance levels. The price is trading above $18,200 and the 100 hourly simple moving average. There is a connecting bullish trend line forming with support near $18,600 on […]

“Parabolic” Signal That Triggered Past Bitcoin Bull Runs Reappears

“Parabolic” Signal That Triggered Past Bitcoin Bull Runs Reappears

Bitcoin price made a 5% move today, poking above $19,000 momentarily. It is currently the largest daily climb of 2023 and since the FTX collapse.  More significantly, the sharp rally tagged a level that triggered a possible trend change according to the weekly Parabolic SAR. In the past, the technical indicator has lived up to […]

Dogecoin Price Prints Bullish Pattern, Why Close Above $0.08 Is Critical

Dogecoin Price Prints Bullish Pattern, Why Close Above $0.08 Is Critical

Dogecoin formed a base near $0.066 and started a fresh increase against the US Dollar. DOGE could rise further if there is a close above the $0.080 resistance. DOGE gained pace and traded above the $0.075 resistance against the US dollar. The price is trading above the $0.0750 zone and the 100 simple moving average […]

Ethereum Price Climbs 5% To Take Out Hurdles, Is Bottom Really In?

Ethereum Price Climbs 5% To Take Out Hurdles, Is Bottom Really In?

Ethereum climbed higher above the $1,350 resistance zone against the US Dollar. ETH tested the $1,420 zone and is currently consolidating gains. Ethereum started a steady increase above the $1,320 and $1,350 resistance levels. The price is now trading above $1,350 and the 100 hourly simple moving average. There is a connecting bullish trend line […]

Bitcoin Price Surges Past $18K and Now The Bulls Could Aim $19K

Bitcoin Price Surges Past $18K and Now The Bulls Could Aim $19K

Bitcoin price extended its increase and surged above $18,000. BTC is gaining pace and might rise towards the $19,000 resistance zone. Bitcoin extended its rise above the $17,500 and $18,000 resistance levels. The price is trading above $18,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support […]

Avalanche Partners With Amazon, What’s Next For The Price?

Avalanche Partners With Amazon, What’s Next For The Price?

Avalanche and its dApp ecosystem shall now be supported by Amazon Web Services (AWS), which also comprises one-click node deployment through the AWS marketplace. With this partnership with AWS, Ava Labs can help customers deploy custom offerings linked to over 100,000 partners spread across 150 countries. Technically, the Avalanche node operators can operate in AWS […]

Vital Levels To Keep Eye On As Cardano Price Begins To Retreat

Vital Levels To Keep Eye On As Cardano Price Begins To Retreat

The Cardano price has rallied significantly over the past week and secured more than a 24% gain. Over the last 24 hours, the coin slipped 2%, indicating that it could not sustain its weekly gains. Following a significant price increase, the technical outlook indicates that the altcoin’s price will trend lower. This correction might continue […]

Solana Price Surge Attracts Investors, What’s Driving It?

Solana Price Surge Attracts Investors, What’s Driving It?

Solana’s price has achieved an unexpected week-long rally, causing it to significantly outperform almost all other cryptocurrencies. As the price of the centralized smart contract token stabilizes, investors are showing interest in how high it can go. In the first week of 2023, the price of Solana (SOL) soared in value, going from $9.7 to […]

Altcoin Volume Dominance At Highest Since Jan 2021, Trouble For Bitcoin?

Altcoin Volume Dominance At Highest Since Jan 2021, Trouble For Bitcoin?

On-chain data shows that altcoin volume dominance is now at the highest level since January 2021, while Bitcoin’s is at its lowest. Altcoin Dominance By Volume Recently Touched A High Of 64% As pointed out by an analyst in a CryptoQuant post, Bitcoin’s dominance is just at 16% now. The “dominance by volume” is an […]

Bitcoin Reaches One-Month High As Mini Bull Run Continues

Bitcoin Reaches One-Month High As Mini Bull Run Continues

The crypto market has evolved from the unending devastating bear market to a more green and overwhelming market. Cryptocurrencies are moving from the initial stagnant, and lower lows state to a rallying to the top.  Among the number of cryptocurrencies moving upward and making significant higher highs is Bitcoin, the largest crypto by market cap. […]