Archives par catégorie: Business

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 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 […]

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 […]

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 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 […]

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 […]

The Polygon (MATIC) price momentum registered a positive shift over the last 24 hours. The altcoin gained close to 3%. Meanwhile, on the weekly chart, MATIC is yet to recover from its losses. The technical outlook depicted positive price action; however, the coin is still not out of the woods. MATIC has to break past […]

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 […]

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 […]

The XRP price is currently bucking the general market trend and is recording a small gain of around 2% over the last 24 hours. What is noticeable are massive movements by whales over the past few hours. The cryptocurrency market is on shaky ground given the macroeconomic headwinds and the still not fully digested shock […]

The year 2022 has been a very rough one for Bitcoin and the general crypto market. In the initial 11 months of the year, BTC declined by about 65%. Then, when it appeared that BTC gained stability at the $20K price mark, the FTX contagion broke out. The adverse event has brought the leading coin, […]

While the Ethereum network and its users continue to suffer from the high fees of the layer-1 blockchain, various layer-2 (L2) solutions are stepping into the spotlight to solve the problem. As analyst Miles Deutscher explained, citing data from Dune Analytics, layer-2 scaling solutions saw monumental growth in 2022. “I expect this trend to continue […]

In the previous month, Solana (SOL) has failed to make progress as the token fell victim to the market contagion brought about by the collapse of crypto exchange FTX. As of this writing, all time horizon indicators for Solana’s native token SOL are red. Since succumbing to market contagion, Solana has continued to bleed Using […]

There is a group called the Terra Rebels whose goal is to restore the natural environment of Terra Classic. On Twitter, a member by the name of Architect123 recently updated the community on the most recent developments in the ecosystem. Let’s take a quick glance at some recent developments: Recent statistics suggest that an increase […]

Ethereum extended its decline below the $1,240 support against the US Dollar. ETH remains at a risk of more losses below the $1,220 support in the near term. Ethereum remained in a bearish zone and traded below the $1,240 support. The price is now trading below $1,250 and the 100 hourly simple moving average. There […]

Cardano’s price started a fresh decline after it failed to surpass $0.33. ADA remains at a risk of more losses below $0.30 and $0.28 in the near term. ADA price is showing a lot of bearish signs below the $0.320 support against the US dollar. The price is trading below $0.320 and the 100 simple […]

Bitcoin price extended its decline below the $17,000 level. BTC could avoid a major drop if it closes above the $17,000 resistance zone. Bitcoin remained in a bearish zone and traded below the $17,000 support. The price is trading below $17,000 and the 100 hourly simple moving average. There is a key bearish trend line […]

On-chain data shows Bitcoin holders have done some rapid fresh accumulation recently, something that may lead to bottom formation for the cycle. Bitcoin 1w-1m Realized Cap UTXO Age Bands Have Sharply Gone Up As pointed out by an analyst in a CryptoQuant post, the percentage of the BTC realized cap that was last moved between […]

The Chainlink price has not reflected positive changes despite a major development in the altcoin’s ecosystem. Over the last 24 hours, LINK has declined by over 4%. Even in the weekly window, the altcoin lost over 6% of its value. LINK had charted considerable gains in the month of November. The bulls, however, could not […]

The Cardano price has declined steeply over the past trading sessions. The altcoin currently trades within a descending triangle pattern. This means that the coin could be headed for further decline unless it manages to break past a few vital price ceilings. Over the last 24 hours, ADA declined by 1.3%. In a weekly timeframe, […]