Archives par catégorie: Business

Ethereum Price Scores Bullish Moves, Can ETH Sustain This Recovery?

Ethereum Price Scores Bullish Moves, Can ETH Sustain This Recovery?

Ethereum found support near $1,070 and recovered above $1,150 against the US Dollar. ETH could rise further, but upsides might face hurdles near $1,200 and $1,230. Ethereum started an upside correction from the $1,070 and $1,080 support levels. The price is now trading above $1,120 and the 100 hourly simple moving average. There was a […]

Bitcoin Price Recovery Remains Capped, Why 100 SMA Is The Key

Bitcoin Price Recovery Remains Capped, Why 100 SMA Is The Key

Bitcoin price started an upside correction from $15,500. BTC is now facing a strong resistance near the $16,300 zone and the 100 hourly SMA. Bitcoin found support near $15,500 and started an upside correction. The price is trading below $16,300 and the 100 hourly simple moving average. There is a crucial bearish trend line forming […]

Bitcoin At $1M By 2030: Why Cathie Wood Remains Confident In Bold Bet

Bitcoin At $1M By 2030: Why Cathie Wood Remains Confident In Bold Bet

Following news that Ark Invest has made investments into Grayscale’s heavily discounted Bitcoin fund, CEO Cathie Wood is doubling down on a bold bet that the top cryptocurrency will reach $1M per coin by 2030. Is such a lofty price prediction realistic, considering the recent collapse of the crypto market? And can Wood’s call be […]

Quant (QNT) Struggles Above Key Support Of $100; Here Are Levels To Watch

Quant (QNT) Struggles Above Key Support Of $100; Here Are Levels To Watch

 QNT’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $100.   QNT’s price continues to look weak as bearish market sentiments increase, with things looking uncertain for most traders and investors.  QNT’s price looks weak and continues to trade below the daily 50 […]

Polygon Poised For A Major Advance Next Year If MATIC Stays On This Course

Polygon Poised For A Major Advance Next Year If MATIC Stays On This Course

Even as the FTX-induced downward market continues, Polygon (MATIC) is closely following in the footsteps of its older relative ETH. Despite the bears’ dominance this year, many in the cryptocurrency industry see 2023 as the final chapter following a period of uncertainty. A quick rundown of MATIC: – MATIC down at $0.843512 – TradingShot analysts […]

Binance Coin Loses $270 Support As Bears Eye $200; Will Bears Push Harder?

Binance Coin Loses $270 Support As Bears Eye $200; Will Bears Push Harder?

 BNB’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $260.   BNB’s price continues to look weak as bearish market sentiments increase, with things looking uncertain for most traders and investors.  BNB’s price looks weak and continues to trade below the daily 50 […]

Ethereum Bullish Signal: Whales Add $1B More To Their Holdings

Ethereum Bullish Signal: Whales Add $1B More To Their Holdings

On-chain data shows Ethereum whales have added $1 billion more to their holdings recently, something that could be bullish for the crypto’s price. Ethereum Whales Now Hold 947,940 ETH More In Their Wallets As per data from the analytics firm Santiment, this jump in the whale holdings is the 5th largest in this year so […]

Bitcoin “Diamond Hands” Have Dumped 84.5k BTC Since FTX Collapse

Bitcoin “Diamond Hands” Have Dumped 84.5k BTC Since FTX Collapse

Data shows the so-called Bitcoin “diamond hands” have shed 84.5k BTC from their holdings since the collapse of crypto exchange FTX. Bitcoin Long-Term Holder Supply Has Sharply Declined Recently According to the latest weekly report from Glassnode, the long-term holder supply has observed one of its most significant declines this year in recent days. The […]

What Exchange Absorbed FTX’s Trading Volume? Report Answers

What Exchange Absorbed FTX’s Trading Volume? Report Answers

In the wake of the FTX collapse, formerly the second-largest exchange in the world, its competitors are taking over its trading volume and market share. The nascent sector is still suffering the consequences of recent events; many crypto companies filed for bankruptcy or are in the process of raising emergency liquidity.  The FTX’s fallout is […]

FTX Contagion Creates Fear Among Whales And Old Hands, On-Chain-Data Reveals

FTX Contagion Creates Fear Among Whales And Old Hands, On-Chain-Data Reveals

While the contagion effects of FTX’s collapse still cannot be fully assessed, Bitcoin whales and OGs seem to be playing it safe. Most notably, the insolvency fate of Genesis Trading, DCG and Grayscale is hovering over the Bitcoin market like a sword of Damocles. This uncertainty is especially evident in the cohort of Bitcoin whales […]

Litecoin (LTC) Defends $60 As Altcoins Suffer; Here Are Levels To Watch

Litecoin (LTC) Defends $60 As Altcoins Suffer; Here Are Levels To Watch

 LTC’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $60.   LTC’s price continues to look strong despite bearish market sentiments, as things look uncertain for most traders and investors.  LTC’s price looks strong and continues to hold above the daily 50 Exponential […]

Latest Findings Show Bitcoin Holders Under Fire As The Price Continues To Sink

Latest Findings Show Bitcoin Holders Under Fire As The Price Continues To Sink

The situation in the Bitcoin and crypto market has continued to follow a downward trend. Prices of most crypto assets are maintaining a southward movement over the past weeks. The collapse of FTX is still spinning the wheels negatively as the contagion spreads. Glassnode, a blockchain analytics company, reports more doubts about the crypto market. […]

World Cup 2022: Chiliz Slides 15% As Sports Spectacle Unfurls – Can CHZ Make A Goal?

World Cup 2022: Chiliz Slides 15% As Sports Spectacle Unfurls – Can CHZ Make A Goal?

The World Cup just kicked off and the native token of the sports-themed cryptocurrency ecosystem, Chiliz, has dropped 15% in value over the past 24 hours. This is not the kind of news traders and investors want to read about. The long-awaited World Cup clearly had no compensating effect on the prevailing economic conditions. Here’s […]

How to Talk About Cryptocurrency at Thanksgiving Dinner Table

How to Talk About Cryptocurrency at Thanksgiving Dinner Table

When you think of the Thanksgiving holiday, you might envision a tasty bottle of wine, a mouthwatering herb-roasted turkey, and a stunningly styled tablescape with warm shades of red, orange, and yellow foliage to set the festive mood. And it’s a universally acknowledged truth that conversation is best had over the holiday table. Moreover, while […]

Ethereum (ETH) Bulls And Bears Tussle At $1,000; Will Bears Come Top?

Ethereum (ETH) Bulls And Bears Tussle At $1,000; Will Bears Come Top?

 ETH’s price lost its demand zone of $1,200 as the price struggled to hold above $1,000.   ETH’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors.  ETH’s price looks weak as the price struggles to hold above $1,000, with the possibility of reclaiming the daily […]

These Bitcoin Metrics Signal A Capitulation Event Is Near

These Bitcoin Metrics Signal A Capitulation Event Is Near

Several metrics currently suggest that the Bitcoin price is finally finding its bottom after another capitulation event, possibly triggered by the Genesis/ DCG/ Grayscale saga. This final miner capitulation may be imminent as miners are selling their BTC at the fastest rate since early 2016. In light of the new bear market low, some Bitcoin […]

XRP Price Holds Ground While BTC and ETH Slide, Here’s Breakout Zone

XRP Price Holds Ground While BTC and ETH Slide, Here’s Breakout Zone

Ripple failed to clear $0.40 and corrected lower against the US Dollar. XRP price could start a decent increase if it stays above the $0.345 support zone. Ripple started a fresh decline from the $0.40 resistance zone against the US dollar. The price is now trading below $0.380 and the 100 simple moving average (4-hours). […]