Archives par catégorie: Business

Did Top Three Bitcoin Addresses Just Call Another Local Bottom?

Did Top Three Bitcoin Addresses Just Call Another Local Bottom?

The buying pattern of bitcoin whales has long been an indicator for coming market movement. While it may not happen everything, the fact remains that these top addresses control enough of the supply between them to have significant impacts on the price. This is evident in past movements coinciding with major price shifts and once […]

Bitcoin On The Way To $38,000 Amid Global Uncertainty

Bitcoin On The Way To $38,000 Amid Global Uncertainty

With the cryptocurrency space being such an angsty place, it’s no surprise that patience is rare. Only two weeks ago, Bitcoin rose 15%+ to near $42,000 only for traders, and retail investors alike become frustrated at how rangebound this world’s most significant digital currency has been in recent days with not much movement up or […]

Bitcoin Data Shows Profit Taking From Long-Term Holders Behind Decline To $40k

Bitcoin Data Shows Profit Taking From Long-Term Holders Behind Decline To $40k

As the Bitcoin price declines to $40k, on-chain data shows long-term holders have harvested some profits recently. Bitcoin Long-Term Holder SOPR Shows Some Spikes Recently As pointed out by an analyst in a CrypoQuant post, some BTC long-term holders seem to have participated in profit taking over the past day. The relevant indicator here is […]

Comparing Apple’s Growth With Bitcoin, Why This Expert Sets $700K As Long-Term Goal

Comparing Apple’s Growth With Bitcoin, Why This Expert Sets $700K As Long-Term Goal

Bitcoin could be back on a downtrend as the bulls struggle to protect the $40,000 mark. The first crypto by market cap was rejected at around $44,500 and has been unable to reclaim previous highs as the bears threaten with pushing it back to the lows around $30,000. Related Reading | Monero (XMR) Price Slides […]

Crypto Bulls Struggles To Defend Bitcoin’s $40,000 Level

Crypto Bulls Struggles To Defend Bitcoin’s $40,000 Level

As the Ukraine crisis worsens, Bitcoin and other cryptocurrencies are trading lower. The crypto market went down after the news broke that Russia had expelled USA Deputy Chief of Diplomatic Mission Bart Gorman following an escalation with Ukraine President Petro Poroshenko over fears for his safety.” On February 17th after President Biden reiterated that an […]

Bullish: Signals Suggest That Ethereum Might Make A Break Above $3,085

Bullish: Signals Suggest That Ethereum Might Make A Break Above $3,085

Ethereum has been on another decline along with the market. After struggling to cross $3,100, the digital asset had taken another beating down that saw it crash below $3,000 once again. However, this does not signal more downtrends. In fact, indicators point to the coming upside from Ethereum despite the recent trend, one that would […]

Floki Inu Bark Attracts BSC And Ethereum Whales – Can It Go Near $0.001?

Floki Inu Bark Attracts BSC And Ethereum Whales – Can It Go Near $0.001?

Dog-themed meme currency Floki Inu, named after Elon Musk’s Shiba Inu dog, is attracting Ethereum and Binance Smart Chain whales after receiving speculative market interest on Friday. On social media, Shiba and Floki followers engage in a heated debate over an ad for their respective dog-themed cryptocurrency. This may have been good news to FLOKI as […]

Pantera Predicts Correlation Between Bitcoin And Traditional Markets Might Break This Spring

Pantera Predicts Correlation Between Bitcoin And Traditional Markets Might Break This Spring

In a recent call with investors, executives from the crypto hedge fund Pantera Capital said they believe DeFi assets such as Ethereum could soon break out of their current correlation to traditional macro markets. The market has seen increasing similarities between these two spaces recently. But there’s no guarantee it will continue or even last […]

Monero (XMR) Price Slides As Canada Includes Crypto In Emergencies Act

Monero (XMR) Price Slides As Canada Includes Crypto In Emergencies Act

Monero (XMR) is trading at $172.80, down 4.61% with a low of $171.473 and a high of $183.58 in the last 24 hours. The crypto has a market capitalization of $3,126,923,853, and a price nearing the $170 resistance threshold. According to Coindesk’s price research, bearish swings are back, and price increases have been slower than […]

DEX Unlimited: How Ray.sX Builds an Open Apps Marketplace for the World of Decentralized Finance

DEX Unlimited: How Ray.sX Builds an Open Apps Marketplace for the World of Decentralized Finance

The DeFi market capitalization in 2021 reached $170 billion. At the same time, the opportunities of many decentralized platforms are still limited. Currently, DEXs have only a basic set of services for users, such as growing liquidity or lending. However, the potential of the DeFi market is much greater than what is presented now, and […]

The FBI Will Launch A Ransomware-Focused Unit To Monitor Cryptocurrencies

The FBI Will Launch A Ransomware-Focused Unit To Monitor Cryptocurrencies

Both the FBI and the U.S. Justice Department are making moves in the crypto space. Recent high-profile victories offered the necessary incentive for both organizations to take action. Reuters reports that the Justice Department hired “a seasoned computer crimes prosecutor” as their new crypto zar. For their part, the “FBI is launching a unit for […]

Ariva Wonderland Offers Unique Experiences In The Metaverses

Ariva Wonderland Offers Unique Experiences In The Metaverses

Ariva Wonderland is the metaverse project from Ariva.Digital, a blockchain-based tourism payments product. With its latest product, the project once again launches its users into a new world filled with possibilities. The Ariva Wonderland presents a new experience, while also allowing users to earn by owning assets. Like its parent product, Ariva Wonderland focuses heavily […]

TA: Ethereum Drops To Key Support, Why ETH Remains At Risk

TA: Ethereum Drops To Key Support, Why ETH Remains At Risk

Ethereum extended decline below the $3,000 support against the US Dollar. ETH price tested the $2,850 support, below which it could nosedive. Ethereum started a sharp decline below the $3,000 support level. The price is now trading below $2,950 and the 100 hourly simple moving average. There was a break below a key bullish trend […]

TA: Bitcoin Dives To $40K, What Could Trigger More Downsides

TA: Bitcoin Dives To $40K, What Could Trigger More Downsides

Bitcoin started a fresh decline below the $43,000 support against the US Dollar. BTC declined sharply to $40,000 and might continue to move down. Bitcoin started a fresh decline below the $43,000 and $42,500 support levels. The price is trading below $42,000 and the 100 hourly simple moving average. There was a break below a […]

Bitcoin Dominance Drops To 42% As Price Declines Below $43,000

Bitcoin Dominance Drops To 42% As Price Declines Below $43,000

Bitcoin has continued its descent towards $40,000 proving that the reversal was only temporary. While there is not enough to rule out another recovery, the current trend does point to more downside before the digital asset can find its footing and recover above $44K. This hard-fought resistance point that the cryptocurrency had managed to beat […]

Ethereum Bearish Signal: Netflows Turn Sharply Positive

Ethereum Bearish Signal: Netflows Turn Sharply Positive

On-chain data shows the Ethereum netflows are sharply turning positive, a sign that could prove to be bearish for the crypto. Ethereum Exchange Reserve Rises As Netflows Become Positive As pointed out by an analyst in a CryptoQuant post, exchanges have observed net ETH inflows recently, swelling up their reserves. The “all exchanges netflow” is […]

Polkadot Electricity Consumption Is Less Than Solana, Bitcoin, And Ethereum

Polkadot Electricity Consumption Is Less Than Solana, Bitcoin, And Ethereum

Electricity consumption has been one of the major concerns with the advent of cryptocurrencies especially Polkadot. Though with models running with the Proof-of-Stake (PoS) consensus mechanism, this electricity use seems to be minimal since their process for transaction validations is staking. But the story is not the same for those running with Proof-of-Work (PoW) such […]

Market Update: Bitcoin Immersed To $43,000: Ether Struggled To Maintain $3,000

Market Update: Bitcoin Immersed To $43,000: Ether Struggled To Maintain $3,000

The price of Bitcoin fell below $44,000, and many altcoins followed suit. Ethereum struggled to maintain its value around the $3,000 mark while other cryptocurrencies dropped even further, including Cardano, Solana, BNB, and many more.  Bitcoin is trading below the 50-day moving average for the first time in five weeks, after briefly reaching a high […]

Cardano (ADA) Still In A Slump This Week – Can It Hit $1.45?

Cardano (ADA) Still In A Slump This Week – Can It Hit $1.45?

Cardano (ADA) is presently trading at USD1.077, according to market indicators Thursday, which shows the crypto may be nearing the conclusion of its slump. The seventh-largest cryptocurrency by market cap is experiencing a bearish algorithm throughout February, leading up to its current market price. As of Thursday’s trading, the psychological level of support at $1.00 […]