Archives par catégorie: Business

Bitcoin Market Update: Up Or Down, What’s Next As Fed Rate Hike Looms?

Bitcoin Market Update: Up Or Down, What’s Next As Fed Rate Hike Looms?

Bitcoin bears have gained control over the last few weeks, at least in the short term, and the battle seems to be on. After Bitcoin failed again at the $30,000 level on Sunday as part of a “weekend pump,” the bears are pushing towards $27,000. As of press time, Bitcoin was hovering around $28,000, having […]

XRP Price Prediction: Ripple Bears Target Fresh Lows As Sentiment Dips

XRP Price Prediction: Ripple Bears Target Fresh Lows As Sentiment Dips

Ripple is struggling to recover above the $0.48 resistance against the US Dollar. XRP price could extend losses if there is a close below the $0.44 support. Ripple started a fresh decline from the $0.500 zone against the US dollar. The price is now trading below $0.488 and the 100 simple moving average (4 hours). […]

LUNC Proposal 11487 Gets Over 49% Of Voter Nod – What’s The Impact On Price?

LUNC Proposal 11487 Gets Over 49% Of Voter Nod – What’s The Impact On Price?

Terra Classic has made a significant move in the world of cryptocurrency with the passing of the LUNC Proposal 11487, and it’s leaving many wondering: what does this mean for the future of LUNC prices?  The proposal’s successful passage signifies a positive step towards achieving Terra Classic’s vision of a more decentralized and sustainable blockchain […]

Ethereum Price is Plunging, But It’s Too Early to Say Uptrend Is Over

Ethereum Price is Plunging, But It’s Too Early to Say Uptrend Is Over

Ethereum price extended its decline below the $1,850 level against the US Dollar. ETH could continue to move down if it stays below the $1,880 resistance. Ethereum remained in a bearish zone and traded below $1,850. The price is trading below $1,850 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]

Bitcoin Price Continues Slide As Crypto Market Sentiment Takes Hit

Bitcoin Price Continues Slide As Crypto Market Sentiment Takes Hit

Bitcoin price extended its decline below the $28,000 support. BTC tested $27,650 and is currently attempting a minor upside correction. Bitcoin is showing bearish signs below the $28,500 resistance zone. The price is trading below $28,200 and the 100 hourly Simple moving average. There is a major bearish trend line forming with resistance near $28,000 […]

Bitcoin Is Crashing, But Why Are Transactions At New All-Time Highs

Bitcoin Is Crashing, But Why Are Transactions At New All-Time Highs

In a day when Bitcoin prices are crashing, posting worrying drops from April 2023 peaks, the underlying network is processing record transactions. Bitcoin Prices Dropping, But Why? Dune Analytics data on May 1 shows that the platform is processing record transactions which, if going by historical performance, would typically point to demand. In a normal […]

Sad Frogs: Why The Parabolic Pepe Coin Could Flatten By 80%

Sad Frogs: Why The Parabolic Pepe Coin Could Flatten By 80%

Pepe coin, the meme cryptocurrency based on the popular internet meme, has become the newest sensation across crypto. Although it has made early buyers extremely happy – and extremely wealthy – it could soon leave many holders feeling flattened due to a possible 80% correction. Let’s take a closer look. Feels Good, Man… For Now […]

PEPE Goes To The Moon: Meme Coin Listed On OKX, Binance Listing In the Works?

PEPE Goes To The Moon: Meme Coin Listed On OKX, Binance Listing In the Works?

PEPE, the popular meme coin, has recently been listed on OKX, a major cryptocurrency exchange. This move has generated excitement among investors who believe that the coin has the potential to become a major player in the crypto market and the meme coin sector.  PEPE Coin Leaps Into The Big Leagues The recent listing on […]

Bitcoin Faces Potential Price Drop To $25,000, On-Chain Data Signals Bearish Trend

Bitcoin Faces Potential Price Drop To $25,000, On-Chain Data Signals Bearish Trend

Bitcoin (BTC) has been experiencing a volatile price action since late April, with significant fluctuations in its value. At the time of writing, the cryptocurrency has experienced a 3% decline in the last 24 hours and is currently trading at $28,400. However, it has now settled within an accumulation range of $27,800 to $30,000. Bitcoin […]

Bitcoin (BTC) Continues Downtrend Despite Daily Transactions Nearing All-Time High

Bitcoin (BTC) Continues Downtrend Despite Daily Transactions Nearing All-Time High

While Bitcoin (BTC) has continued a downtrend, the asset has recently recorded a high volume in daily transactions nearing its all-time high. According to a report by on-chain analytics provider Glassnode, “Bitcoin daily transaction counts are approaching All-time-highs, seeing an explosive uptick in 2023.’ Regardless of this news, Bitcoin has continued to move downward after […]

Shiba Inu Community Destroys 3.26 Billion SHIB in April Amid Price Decline

Shiba Inu Community Destroys 3.26 Billion SHIB in April Amid Price Decline

Shibburn reports that over 3.26 billion Shiba Inu tokens were burned in April 2023 across 125 transactions. These figures are lower than the total SHIB burns in March 2023, which was 6.78 billion SHIB tokens burned through 540 transactions. The SHIB burn process involves sending Shiba Inu (SHIB) tokens to an address known as a […]

AVAX Smart Contracts Hit 6-Month High – What This Means For Its Price

AVAX Smart Contracts Hit 6-Month High – What This Means For Its Price

AVAX has been expanding its reach in various areas over the past few months, but one aspect that has seen tremendous growth is its smart contract deployment.  With this significant milestone, many investors and traders alike are speculating whether this development could be the catalyst that propels the Avalanche Network native token’s price to new […]

Solana (SOL) Retests Multi-Month Trend Line, Bulls Prevailing Again?

Solana (SOL) Retests Multi-Month Trend Line, Bulls Prevailing Again?

Sunday night’s crypto market-wide correction has once again sent the Solana price down to a level that is crucial for price action in the coming weeks. SOL has been forming an ascending trend line on the 1-day chart since late December last year, which could lead the price back into bullish territory, as NewsBTC reported. […]

Internet Computer (ICP) Social Dominance Hits 23-Month High, Top In?

Internet Computer (ICP) Social Dominance Hits 23-Month High, Top In?

Data shows the Internet Computer (ICP) social dominance has hit a 23-month high, a sign that a local top may be here for the cryptocurrency. Internet Computer Investors Are Showing Signs Of Euphoria According to data from the on-chain analytics firm Santiment, a large number of investors are talking about ICP following its recent bullish […]

Here’s What PEPE And SHIB Have In Common, But Can It Catch Up To Shiba Inu?

Here’s What PEPE And SHIB Have In Common, But Can It Catch Up To Shiba Inu?

The meme coin PEPE is currently experiencing a spectacular rise that hardly any other altcoin, apart from Shiba Inu, has experienced. Within just two weeks, the meme coin, which is based on a cartoon character created by Matt Furie back in 2005, has (almost) broken into the top 100 cryptocurrencies by market cap. At press […]

SOL Price Prediction: Solana Drops But It’s Too Early to Say Bulls Have Given Up

SOL Price Prediction: Solana Drops But It’s Too Early to Say Bulls Have Given Up

Solana started a downside correction from $24 against the US Dollar. SOL price might start a fresh increase if it stays above the $21.50 support. SOL price is correcting lower from the $24 resistance against the US Dollar. The price is now trading below $23.50 and the 100 simple moving average (4 hours). There was […]

Ethereum Price Indicators Show Vulnerability to Bigger Correction

Ethereum Price Indicators Show Vulnerability to Bigger Correction

Ethereum price started a fresh decline from the $1,940 resistance against the US Dollar. ETH retested $1,825 and is showing a few bearish signs. Ethereum struggled to settle above the $1,925 and $1,940 resistance levels. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There was a break below a key bullish […]

Bitcoin Price Rejects $30K But This Variable Can Trigger A Fresh Increase

Bitcoin Price Rejects $30K But This Variable Can Trigger A Fresh Increase

Bitcoin price attempted an upside break above the $30,000 resistance. BTC failed and corrected lower toward the $28,400 support zone. Bitcoin is struggling to gain pace above the $29,400 and $29,500 resistance levels. The price is trading below $29,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with […]