Archives par catégorie: Business

The Solana price has secured 45% appreciation over the last week. The coin made this significant recovery after its yearly low of $8 in December. Over the last 24 hours, the coin fell by 1.6%, which depicted that SOL was consolidating after a period of an explosive rally. As Bitcoin continued to recover, major altcoins […]

The few months toward the end of 2022 brought devastating events in the crypto industry. With the collapse of the FTX crypto exchange, chaos erupted in the crypto markets. Prices of almost all the crypto assets took a hit. Also, the negative contagion effect sprung up within the crypto space as the number of investors […]

The crypto market is still highly unpredictable and volatile in January 2023. The market generally recorded a 0.3% decrease in the last 24 hours. But as most of the assets falter, some tokens record exponential gains. LDO, the governance token of the Lido DAO network, has increased in value in the past week. The token […]

The Polkadot price posted significant gains over the last week after Bitcoin showed recovery on its chart. Other altcoins have also moved in the same direction. At the moment, however, DOT has been trying to breach the immediate resistance of $5. In the past 24 hours, DOT noted a fall of 2%, but that could […]

The Ethereum price has been trending to the upside over the past week as the general sentiment in the market improves. The second crypto by market capitalization could extend its gains if macroeconomic conditions continue to support the rally.  As of this writing, the Ethereum price trades at $1,333 with sideways movement in the last […]

Over the last week, liquid staking cryptocurrencies have been seeing a significant upside. All of these tokens have successfully moved into the green territory, recording double-digit gains for their holders. Although these digital assets seem to be following the general crypto market uptrend, there is another factor pushing up their prices. Why Are Liquid Staking […]

Thomas Lee, managing partner and head of research at Fundstrat Global Advisors, outlined in a recent CNBC interview why the VIX – a real-time volatility index from the Chicago Board Options Exchange (CBOE) – will become an important indicator for equity markets and possibly Bitcoin in the coming months. VIX was created to quantify market […]

Data shows the Bitcoin exchange inflows and outflows have both shrunk recently as market activity has remained low. Bitcoin Exchange Inflows & Outflows Continue To Decline As per the latest weekly report from Glassnode, the BTC inflow volumes are now only around $350-$400 million per day. The “exchange inflow” is an indicator that measures the […]

Data shows a Shiba Inu whale has withdrawn $34.7 million in SHIB from Binance, a sign that could be bullish for the price of the meme coin. Shiba Inu Whale Transfers Out 4,000,000,000,000 SHIB From Binance As per data from the crypto transaction tracker service Whale Alert, a massive Shiba Inu transfer has taken place […]

Though Cardano (ADA) has been gaining traction for a while, the recent accumulated momentum has garnered active buys as data shows the rising accumulation of ADA. ADA’s movement to the upside since last December totaled 30%, as new whales have been reported to be holding at least 1 million ADA tokens in these past few […]

Even though Bitcoin (BTC) and the broader crypto market are experiencing an upswing in the first days of the new year, on-chain data shows that the market remains in a deep slumber. As Glassnode explains in its latest report, the BTC price has shown historically low volatility over the past weeks. And according to the […]

Chiliz (CHZ) started off 2023 by putting together a 20% increase in its value during the first five days of the year. This strengthened the hopes of the holders of the crypto that it might have a strong bullish rally this year as opposed to the consistent downtrend it had experienced over the last two […]

Solana (SOL) has been included in the top cryptocurrencies to watch out for this week of finance and crypto-focused site Investopedia. This no longer comes as a surprise considering that at one point during the last seven days, the digital asset, which was pulled all the way down to $9 towards the end of December, […]

A stablecoin is a cryptocurrency that is pegged to a certain fiat currency. It provides stability for investors of crypto, making transactions easier. USDD, a stablecoin created by the founder of the Tron Blockchain, Justin Sun, has been losing its peg to the U.S. dollar. According to Coingecko, USDD is currently trading at $0.9805. Although […]

Ethereum extended its increase above the $1,300 resistance zone against the US Dollar. ETH tested the $1,350 zone and is currently correcting lower. Ethereum remained in a positive zone and climbed above the $1,300 and $1,320 resistance levels. The price is now trading above $1,300 and the 100 hourly simple moving average. There is a […]

BNB price (Binance coin) found support near $240 against the US Dollar. BNB rallied above $260 and might aim more upsides towards the $300 level. Binance coin price started a recovery wave from the $240 support against the US Dollar. The price is now trading above $265 and the 100 simple moving average (4-hours). There […]

Bitcoin price extended its rise and traded towards $17,400. BTC is correcting gains, but it remains well supported near the $17,000 zone. Bitcoin extended its increase above the $17,000 and $17,200 resistance levels. The price is trading above $17,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with […]

Ethereum, just like bitcoin, saw a relief rally that pushed its price to a new three-week high. The digital asset is now trading above $1,300 for the first time since mid-December 2021, and so far, has been able to hold its gains in the market. However, not everyone is betting on the continued growth of […]

GALA, the native token of the non-fungible token (NFT) gaming project, has recently seen significant bullish price action. The token moved independently during these periods, with larger cryptocurrencies barely catching up on this massive rally. As of this writing, GALA’s price trades at $0.04 with a 16% profit in the last 24 hours. Since late […]

A quant has explained using past trends of the Bitcoin adjusted Spent Output Profit Ratio (aSOPR) whether the current cycle has yet met all the bottom conditions. Bitcoin aSOPR EMAs Are Approaching Golden Cross As an analyst in a CryptoQuant post explained, the aSOPR EMAs are looking to form a golden cross soon. The “Spent […]