Archives par catégorie: Business

XRP Price Goes Upward With Increasing Whale Activity

XRP Price Goes Upward With Increasing Whale Activity

The crypto market is still facing a declining effect from the raging crypto winter, but  XRP is faring on the daily chart. Since last year, several crypto assets have been struggling to stay afloat as the prices of tokens fluctuate. Unfortunately, the overall outcome has not impressed many crypto participants and investors. But the new […]

Chainlink Bullish Divergence: What To Expect In 2023

Chainlink Bullish Divergence: What To Expect In 2023

The Chainlink price has had a somewhat mediocre performance over the past few months. Once a cryptocurrency that was within the top 10 by market capitalization, LINK has currently slipped to 22nd place. However, within the next few months, Chainlink could be poised to outperform other cryptocurrencies. In addition to the fundamentals, LINK’s weekly chart […]

Cardano Leads Development With Unique Sidechains And Toolkits

Cardano Leads Development With Unique Sidechains And Toolkits

This month, the Cardano ecosystem team is getting ready to release a software toolkit that will let developers build their own sidechains. On January 12, Input Output Global (IOG), a blockchain engineering firm created by Charles Hoskinson and formerly known as Input Output Hong Kong (IOHK), made the announcement. The official technical documentation for the […]

Bitcoin Short Squeeze: $93 Million Shorts Liquidated In One Hour

Bitcoin Short Squeeze: $93 Million Shorts Liquidated In One Hour

Data shows a large amount of shorts have been liquidated in the Bitcoin futures market in the past day as BTC pushes above $19,000. $93 Million Bitcoin Shorts Were Wiped Out In Only 1 Hour As per data from the on-chain analytics firm Glassnode, short liquidations have spiked in the past day. A “liquidation” takes […]

Bitcoin Mining Stocks In Solid Gains As Crypto Market Rallies

Bitcoin Mining Stocks In Solid Gains As Crypto Market Rallies

Following the ongoing rally in the crypto market, the stocks of the top five leading Bitcoin mining companies have surged in value, amassing solid gains. Major crypto stocks are also rising and have recorded massive gains in recent weeks.  Though investors are still skeptical if this is genuinely the real bull run they have been […]

Near Protocol (NEAR) Surges Over 22% In One Week, Will It Surpass $2?

Near Protocol (NEAR) Surges Over 22% In One Week, Will It Surpass $2?

NEAR is soaring on the price chart, with a 3.10% increase in the last 24 hours. Even with the bearish nature of the crypto market in 2022, the NEAR protocol started the year strong. The adverse events of 2022 pushed cryptocurrencies under the scrutiny of regulators. However, the market is slowly picking up pace this […]

Stellar (XLM) Poised To Rally? Ukrainian Bank Reveals Successful E-Money Pilot

Stellar (XLM) Poised To Rally? Ukrainian Bank Reveals Successful E-Money Pilot

The Stellar (XLM) price remains in a long-term downtrend. After seeing an all-time high of nearly $0.81 on May 10, 2021, XLM’s price has fallen massively. Currently, XLM is 90.6% down from its ATH. Since October 2021, Stellar has also been in a descending trend channel. At press time, XLM was trading at $0.0822. Thus, […]

BONK Tumbles 66% – Can The ‘Dogecoin Killer’ Live Up To Its Name?

BONK Tumbles 66% – Can The ‘Dogecoin Killer’ Live Up To Its Name?

The previous 24 hours have been impressive for the cryptocurrency market, which is seeing a broad-based rebound on numerous fronts. Despite this development, as evidenced by a combined crypto market valuation increase of 3.4% to $880 billion as of Thursday, Solana’s newly minted canine-centered memecoin BONK has experienced a huge price decline relative to its competitors. As […]

Liquidations Cross $200 Million Following Bitcoin’s Rise Above $19,000

Liquidations Cross $200 Million Following Bitcoin’s Rise Above $19,000

The last 24 hours have been filled with twists and turn for the crypto market but one thing that is important is that bitcoin crossed $19,000. This would be the first time that the digital asset would be reaching this price since the FTX collapse triggered another market downturn. However, as always, such sudden movements […]

Ethereum Spurts 13% In The Past Week, Investors Hopeful Of Market Bottom

Ethereum Spurts 13% In The Past Week, Investors Hopeful Of Market Bottom

At its current price of $1,408, investors and traders are hopeful that the market bottom is finally here for Ethereum. Analysts are observing that Ethereum is at its key resistance level, poised for a breakout as the Consumer Price Index (CPI) data was released Thursday. This rally by Ether – which is up 13% in […]

Chainlink Bullish Signal: LINK Address Activity Returns To 2021 Levels

Chainlink Bullish Signal: LINK Address Activity Returns To 2021 Levels

Data shows Chainlink address activity has returned to 2021 levels recently, a sign that could turn out to be bullish for the asset’s value. Chainlink Daily Active Addresses At High Levels Recently According to data from the on-chain analytics firm Santiment, this increase in LINK activity first started around two months ago. The relevant indicator […]

Ripple CTO Advises Selling Flare (FLR) Tokens, Raises Serious Allegations

Ripple CTO Advises Selling Flare (FLR) Tokens, Raises Serious Allegations

Ripple CTO David Schwartz voiced harsh criticism against the Flare Network in a series of tweets today. After more than two years following the snapshot for XRP holders, the project finally conducted its airdrop for the FLR token on Monday, January 9. As NewsBTC reported, the FLR token already experienced a massive dump of more than […]

TRON Snags No. 2 Spot In TVL As Revenue Spikes Despite Bear Market Pressure

TRON Snags No. 2 Spot In TVL As Revenue Spikes Despite Bear Market Pressure

According to a tweet by TRON (TRX) on January 10, the network has displayed an impressive performance as it is currently ranked second in terms of total value locked (TVL) in the entire crypto space. TRON’s TVL has reached $9.2 billion by end of 2022, TRON DAO disclosed. TRON chief executive to extend help to […]

Ethereum Price Consolidates Near $1,400 As The Bulls Aim $1,500

Ethereum Price Consolidates Near $1,400 As The Bulls Aim $1,500

Ethereum climbed higher above the $1,400 resistance zone against the US Dollar. ETH is consolidating gains and might rise further towards the $1,500 level. Ethereum started a fresh increase above the $1,350 and $1,400 resistance levels. The price is now trading above $1,400 and the 100 hourly simple moving average. There is a major bullish […]

Bitcoin Price Spikes To $19K, Why BTC Could Correct Lower In Short Term

Bitcoin Price Spikes To $19K, Why BTC Could Correct Lower In Short Term

Bitcoin price climbed further higher above $18,500. BTC tested the $19,000 resistance zone and is currently consolidating gains. Bitcoin climbed further higher above the $18,000 and $18,500 resistance levels. The price is trading above $18,200 and the 100 hourly simple moving average. There is a connecting bullish trend line forming with support near $18,600 on […]

“Parabolic” Signal That Triggered Past Bitcoin Bull Runs Reappears

“Parabolic” Signal That Triggered Past Bitcoin Bull Runs Reappears

Bitcoin price made a 5% move today, poking above $19,000 momentarily. It is currently the largest daily climb of 2023 and since the FTX collapse.  More significantly, the sharp rally tagged a level that triggered a possible trend change according to the weekly Parabolic SAR. In the past, the technical indicator has lived up to […]

Dogecoin Price Prints Bullish Pattern, Why Close Above $0.08 Is Critical

Dogecoin Price Prints Bullish Pattern, Why Close Above $0.08 Is Critical

Dogecoin formed a base near $0.066 and started a fresh increase against the US Dollar. DOGE could rise further if there is a close above the $0.080 resistance. DOGE gained pace and traded above the $0.075 resistance against the US dollar. The price is trading above the $0.0750 zone and the 100 simple moving average […]