Archives par catégorie: Business

Bitcoin Whales Continue To Shed Holdings, Prices Not Attractive Enough?

Bitcoin Whales Continue To Shed Holdings, Prices Not Attractive Enough?

On-chain data shows Bitcoin whales have continued to shave off their holdings in recent weeks, suggesting that the current lows may not be attractive enough to them. Bitcoin Whales Continue To Sell Despite The Recent Deep Lows As pointed out by an analyst in a CryptoQuant post, the number of investors with balances in the […]

Yearn Finance: What The Final Quarter Of 2022 Has In Store For YFI Price

Yearn Finance: What The Final Quarter Of 2022 Has In Store For YFI Price

Yearn Finance (YFI) has performed relatively well over the last 30 days, painting its charts in green despite the lingering uncertainty in the crypto market. According to information from Coingecko, at press time, the ERC20 governance token built on the Ethereum blockchain is changing hands at $7,087, going up by 5.7% during the past week […]

Ethereum: On-Chain And Social Metrics Reveal Bulls Vs. Bears Battle – Who’s Winning?

Ethereum: On-Chain And Social Metrics Reveal Bulls Vs. Bears Battle – Who’s Winning?

Ethereum (ETH) has failed to rise above key resistance at $1,300 despite rising around 4% over the past 24 hours. At press time, the second largest cryptocurrency by market cap was trading at $1,289. As the trading volume shows, the bulls and bears have woken up again. In the last 24 hours, the trading volume […]

Upcoming FOMC Meeting Is The Most Important Ever For Bitcoin – Watch Out For The Dot Plot

Upcoming FOMC Meeting Is The Most Important Ever For Bitcoin – Watch Out For The Dot Plot

With the Bitcoin price posting a small gain of over 1.5% over the last seven days, the market is in for a blockbuster next week. The release of the Consumer Price Index (CPI) on December 13, Tuesday at 08:30 AM ET, will once again be “the most important CPI ever”. Just one day later, on […]

Latest Ethereum Short Price Rally – Courtesy Of Whale Activities?

Latest Ethereum Short Price Rally – Courtesy Of Whale Activities?

Ethereum has been showing bullish momentum in the last seven days. ETH has gained momentum in the past 24 hours, while other coins are still declining. This rally supports some theories that the asset will rise above the resistance level in the coming days. Weeks after a massive fallout, the second largest cryptocurrency is heading […]

How Litecoin (LTC) Outperforms Other Top Cryptocurrencies In This Department

How Litecoin (LTC) Outperforms Other Top Cryptocurrencies In This Department

Litecoin (LTC) seemingly hit a speed bump that caused its bullish run to slow down a bit after it rallied all the way up to the $83 zone on December 5. The following day, the cryptocurrency closed the trading session with a trading price below the $80 marker before reclaiming said territory on December 7. […]

Ethereum Addresses Holding 32 ETH Or More On The Rise, This On-Chain Data Shows

Ethereum Addresses Holding 32 ETH Or More On The Rise, This On-Chain Data Shows

As the bear market continues, Ethereum – the second-biggest cryptocurrency – continues to struggle. If you look at the data from CoinGecko, the most notable positive change is 4.1% on the bi-weekly timescale. The red flashing of the longer time scales, however, indicates that ETH has been declining in value since the FTX collapse, and […]

Uniswap Universal Router and Permit2 Smart Contracts Shaking the Market

Uniswap Universal Router and Permit2 Smart Contracts Shaking the Market

As a web3 enthusiast, you’ve undoubtedly had your fair share of trouble navigating the space at least once.  Whether it’s the sheer number of platforms that offer different NFT prices, or the lackluster user experience, issues in this evergrowing field are numerous. Well, the situation might just take a turn for the better with Uniswap’s […]

How to Stake Algorand (ALGO)

How to Stake Algorand (ALGO)

Algorand is an open-source, decentralized blockchain network with a native cryptocurrency, ALGO, designed to achieve scalability, security, and decentralization in one blockchain network. It leverages a two-tiered structure and a unique variation of the Proof-of-Stake (PPoS) consensus mechanism to provide immediate transaction finality, i.e., processing over 1,000 transactions per second (TPS) and achieving transaction finality […]

Ethereum Price Bulls Hold Strong, Indicators Suggest Fresh Rally To $1,400

Ethereum Price Bulls Hold Strong, Indicators Suggest Fresh Rally To $1,400

Ethereum bulls defended the $1,220 support zone against the US Dollar. ETH is rising and might aim a strong bullish wave above the $1,300 resistance zone. Ethereum remained well bid and strong above the $1,220 zone. The price is now trading above $1,250 and the 100 hourly simple moving average. There was a break above […]

Polkadot Bears Might Drag Its Price Down Despite Bullish Signals

Polkadot Bears Might Drag Its Price Down Despite Bullish Signals

The Polkadot price has attempted to break past its immediate resistance several times during the first week of December. Despite that, the bulls could not build on their strength. This suggests that the coin’s buying power remained low at higher price levels for the altcoin. The technical outlook for the coin depicted a fall in […]

Bitcoin Price Regains Strength, Why BTC Could Surpass $18K This Time

Bitcoin Price Regains Strength, Why BTC Could Surpass $18K This Time

Bitcoin price remained strong above the $16,700 level. BTC formed a base and started a fresh increase above the $17,000 resistance zone. Bitcoin found support near $16,700 and started a decent increase. The price is trading above $17,000 and the 100 hourly simple moving average. There was a break above a major bearish trend line […]

Crypto Crisis Pushes BTC Mining Difficulty To Bottom Spot, Any Possibility Of Reversal?

Crypto Crisis Pushes BTC Mining Difficulty To Bottom Spot, Any Possibility Of Reversal?

The low profitability of BTC mining is still puzzling for many crypto fanatics and investors. There’s no surprise here, given the ever-increasing energy costs. Moreover, the bear market is also significantly impacting Bitcoin’s mining difficulty. As for now, making reasonable profits from mining Bitcoin is not probable. This fact, however, doesn’t imply that BTC mining […]

Ethereum Bullish Signal: Whales And Sharks Continue To Add To Their Holdings

Ethereum Bullish Signal: Whales And Sharks Continue To Add To Their Holdings

Data shows the Ethereum whales and sharks have continued to fill up their bags recently, a sign that may prove to be bullish for the price of the crypto. Ethereum Whales And Sharks Bought 561k ETH In A Single Day As per data from analytics firm Santiment, ETH whale and shark addresses are accumulating back […]

Bitcoin Consolidation At $17K Could Be A Calm Before The Storm

Bitcoin Consolidation At $17K Could Be A Calm Before The Storm

Bitcoin and crypto market twist has brought unexpected changes to almost all assets. Prices have been declining with little or no hope for a reversal. The FTX exchange fiasco intensified the performance as several losses have been recorded in the entire crypto space. Following the events, the price of Bitcoin dipped below its critical resistance […]

Is Bitcoin Bottom In? This On-Chain Condition Hasn’t Been Met Yet

Is Bitcoin Bottom In? This On-Chain Condition Hasn’t Been Met Yet

A Bitcoin on-chain metric still hasn’t formed the same condition as in the previous bottom, suggesting that the current low may not be in yet. Stablecoin Exchange Inflows (Top 10) Hasn’t Shown Any Spikes Recently As pointed out by an analyst in a CryptoQuant post, the top 10 stablecoin exchange inflows saw a rise during […]

Bitcoin Whales Dump 20,000 BTC On The Market, Sell Side Strengthens

Bitcoin Whales Dump 20,000 BTC On The Market, Sell Side Strengthens

The Bitcoin price action remains stalled as the cryptocurrency moves in a tight range; uncertainty is king in the current environment. Market participants are more optimistic after BTC climbed 12% from the yearly lows, but the possibility of a sustainable rally is declining.  The sideways price action is affecting the sentiment in the market. As […]

Bitcoin Price Prediction: What Elliott Wave Theory Suggests Is Next For BTC

Bitcoin Price Prediction: What Elliott Wave Theory Suggests Is Next For BTC

Any Bitcoin price prediction is just a guess without a basis to make the forecast. The stock-to-flow model that was once the most cited reason for expectations of higher prices has failed, leaving technical analysis, on-chain signals, and statistics as the best chance of finding future price targets. Elliott Wave Theory is a technical analysis […]