Archives par catégorie: Business

Ethereum Loses Grip On $1,800: Will The Bulls Barge In To Save The Day?

Ethereum Loses Grip On $1,800: Will The Bulls Barge In To Save The Day?

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has been experiencing a period of volatility in recent days. After hitting the $2,000 mark last month, the price of Ethereum has dropped sharply, falling below the $1,800 level on multiple occasions.  This has left investors wondering whether the bulls will step in to save the […]

Ethereum Bears Hesitate But Further Downsides Seem Likely

Ethereum Bears Hesitate But Further Downsides Seem Likely

Ethereum price is moving lower below the $1,800 support against the US Dollar. ETH could accelerate lower toward the $1,650 support in the near term. Ethereum is currently moving lower from the $1,850 resistance zone. The price is trading below $1,820 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming […]

SHIB Holders, Get Ready: Latest Shiba Inu Update Could Be A Game Changer

SHIB Holders, Get Ready: Latest Shiba Inu Update Could Be A Game Changer

Shiba Inu (SHIB) experienced a decline in social dominance over the past week, indicating a decrease in popularity for the meme coin. Despite being oversold based on its Relative Strength Index (RSI), other indicators were bearish, suggesting a potential further decline in price.  However, SHIB has a history of responding rapidly to updates within its […]

Bitcoin Price Technical Breakdown Could Take BTC Toward $25K

Bitcoin Price Technical Breakdown Could Take BTC Toward $25K

Bitcoin price is moving lower below the $28,000 level. BTC is at risk of a downside break toward the $25,000 support in the near term. Bitcoin struggled to recover above the $27,500 and $27,800 resistance levels. The price is trading below $27,500 and the 100 hourly Simple moving average. There are two bearish trend lines […]

Justin Sun Will Now Publicly Trade Meme Coins Like PEPE, Best Time To Copy Trade Him?

Justin Sun Will Now Publicly Trade Meme Coins Like PEPE, Best Time To Copy Trade Him?

Justin Sun, the vocal crypto supporter and co-founder of Tron and chief executive officer (CEO) of BitTorrent, says he will begin actively trading meme coins like PEPE.  Justin Sun Eying Meme Coins In a tweet on May 11, Sun, known for being a crypto whale, actively holding and transferring colossal sums of coins in the […]

Crypto Nightmare: OFAC To Allegedly Place Milady Wallet Owners On Blacklist

Crypto Nightmare: OFAC To Allegedly Place Milady Wallet Owners On Blacklist

The frenzy around meme-based cryptocurrencies continues, with a new player stealing the headlines from PEPE coin. Milady is the latest entrant in this space, and its self-organized meme coin, LADYS, is based on an anime avatar non-fungible token (NFT) collection. In just 24 hours, the value of Milady’s LADYS coin surged by an astonishing 5,250% […]

Cardano May Sink To This Level As Bears Keep Gaining Leverage

Cardano May Sink To This Level As Bears Keep Gaining Leverage

Over the past few days, the price of Cardano has been in a downward trend. This has led to the strengthening of bearish sentiment. In the last 24 hours, ADA experienced a dip of approximately 4.2%. Over the past week, the altcoin depreciated by close to 10%. These price fluctuations have raised concerns about investors’ […]

Winner Takes All: Bitcoin And DXY Compete For Global Financial Dominance

Winner Takes All: Bitcoin And DXY Compete For Global Financial Dominance

Bitcoin (BTC) and the U.S. Dollar Index (DXY) have been battling for supremacy in the financial world, with both assets vying for dominance in a zero-sum game. The recent volatility seen in the markets is a testament to the intensity of this battle. It is becoming increasingly clear that the outcome of this showdown will […]

Bitcoin Bearish Chart Pattern Looms, Legendary Trader Sounds Warning

Bitcoin Bearish Chart Pattern Looms, Legendary Trader Sounds Warning

Bitcoin, the largest cryptocurrency by market capitalization, has shown significant weakness in today’s trading session after failing to continue on its instant price rally following yesterday’s release of the April CPI report at 4.9%. So far, the trading week has been negative for the alpha cryptocurrency as it is seen to decline further on its […]

BONE Token Dominates India Exchange Poll, Outshining Rivals Like PEPE And FLOKI

BONE Token Dominates India Exchange Poll, Outshining Rivals Like PEPE And FLOKI

The Shiba Inu’s governance token, Bone ShibaSwap (BONE), will grab a new and prominent listing in India. BONE overtook PEPE and FLOKI, rising to the top in an exchange poll for the next crypto listing. Unocoin Poll Sees BONE At The Top A crypto exchange firm in India, Unocoin, recently conducted a poll on Twitter. The […]

Uniswap (UNI) Surges After A Bumpy Ride, Is Bearish Run Over?

Uniswap (UNI) Surges After A Bumpy Ride, Is Bearish Run Over?

Uniswap (UNI) has been experiencing downward movement due to general market sentiment. The downtrend started on April 19, dropping from $6 to $5. However, the price rises gradually, indicating that the bulls are building momentum. This slight increase has left traders wondering if the bearish trend is over and whether things might start getting better for […]

IRS Asserts First Dibs On FTX Bankruptcy Payout To Recover $44 Billion In Taxes

IRS Asserts First Dibs On FTX Bankruptcy Payout To Recover $44 Billion In Taxes

The US Internal Revenue Service (IRS) has filed tax claims in the FTX bankruptcy as the defunct exchange’s creditors seek fund reimbursement. This recent report shows the IRS filed dues of $44 billion in taxes associated with FTX and its subsidiaries. The disclosure revealed the agency filed the tax bill under administrative claims, prioritizing them over […]

Bitcoin Rebounds From $27,100 After Spike In Bearish Sentiment

Bitcoin Rebounds From $27,100 After Spike In Bearish Sentiment

Data shows the Bitcoin sentiment had turned quite bearish just before the asset’s price had rebounded up from the $27,100 level. Bitcoin Recovers Shortly After FUD Takes Over Market According to data from the on-chain analytics firm Santiment, investors showed high levels of fear around the time of the local bottom during the past day. […]

XRP Holds Above Key Support As Ripple CEO Predicts Delay Of Verdict

XRP Holds Above Key Support As Ripple CEO Predicts Delay Of Verdict

XRP price has shown a strong reaction after the (fake) news of the alleged sale of 9,800 BTC by the US government and the subsequent sell-off across the crypto market, staying above the key support. However, XRP investors have yet another damper to digest today. Ripple CEO Brad Garlinghouse said during the Dubai Fintech Summit […]

SPONGE Lists On 2 Major Exchanges: Will It Beat Pepe’s Solid Price Performance?

SPONGE Lists On 2 Major Exchanges: Will It Beat Pepe’s Solid Price Performance?

SPONGE, the latest addition to the world of meme coins, has been making waves since its launch. With recent listings on popular cryptocurrency exchanges like Poloniex and MEXC, the Spongebob coin has attracted the attention of traders and investors alike.  But the question on everyone’s mind is: will it surpass the impressive price performance of […]