Archives par catégorie: Business

Polkadot (DOT) Inks 10% Rally In Last 7 Days, Makes Case As ‘Non-Security’ Asset

Polkadot (DOT) Inks 10% Rally In Last 7 Days, Makes Case As ‘Non-Security’ Asset

Polkadot (DOT) is riding a solid bullish momentum that enabled it to stay in the green for the past 24 hours and maintain significant gains in the last seven days. According to tracking from Coingecko, at the time of writing, DOT is changing hands at $4.69, tallying a weekly hike of 10%. Moreover, the 13th […]

MATIC Advances 6.5% In Last 7 Days – Can It Sustain Gains For Another Week?

MATIC Advances 6.5% In Last 7 Days – Can It Sustain Gains For Another Week?

The year 2022 saw the value of Polygon’s native token MATIC drop by 64%. But the network started this year on a positive note, with the price shooting up 8% according to the charts. However, can MATIC maintain this momentum?  On-Chain Developments To Play A Big Role For MATIC The Layer 2 ecosystem has been […]

AVAX Value Drops By 2% Following Grayscale Removal of Avalanche From Large Cap Fund

AVAX Value Drops By 2% Following Grayscale Removal of Avalanche From Large Cap Fund

In its latest quarterly update, Grayscale announced the rebalancing of funds for the fourth quarter of 2022. As part of the rebalancing, Grayscale sold off a certain amount of its Digital Large Cap Fund and dumped its held tokens, including Avalanche Network token AVAX.   AVAX has slipped by 2% following the sell-off in the past […]

Cardano Whales Start 2023 With Accumulation Trend That Could Be Bullish For ADA

Cardano Whales Start 2023 With Accumulation Trend That Could Be Bullish For ADA

Cardano (ADA) has seen some pretty tragic price action in the last couple of months, which has dragged its price down toward two-year lows. It still continues to maintain this downtrend and is barely moving, just like the rest of the crypto market, but some developments among large ADA investors could see some bullish momentum […]

Cardano (ADA) Leads Gains Among Top Coins, Is It Set To $0.50?

Cardano (ADA) Leads Gains Among Top Coins, Is It Set To $0.50?

Cardano (ADA) is currently trading at $0.2752, with an increase of over 65% in its trading volume at $304.79 million. Its price change in 24 hours is +$0.006083 representing a 2.17% increase. Also, the 24-hour low of ADA is $0.2681, while its high is $0.27562. The market capitalization has risen by 2.25% to $9.51 billion. […]

XRP Whales Move Assets As Price Dips, What’s Next?

XRP Whales Move Assets As Price Dips, What’s Next?

The crypto market is still recording the swings of the prevailing crypto winter, especially XRP. Most of the assets have not been impressive in their price movements. According to data from CoinMarketCap, the crypto market has pushed the cumulative market cap to around $812.00 billion. This indicated a drop of 0.88% over the past 24 […]

Bitcoin Exchange Depositing Transactions At 4-Year Low, Bottom Signal?

Bitcoin Exchange Depositing Transactions At 4-Year Low, Bottom Signal?

On-chain data shows the Bitcoin exchange depositing transactions are now at a 4-year low, indicating that the bottom may be here. Bitcoin 30-Day MA Exchange Depositing Transactions Have Declined As pointed out by an analyst in a CryptoQuant post, the metric’s current levels are the same as in Q1 2019. The “exchange depositing transactions” is […]

Bitcoin Price Bearish Below $16,900 But Indicators Point Otherwise

Bitcoin Price Bearish Below $16,900 But Indicators Point Otherwise

The Bitcoin price has struggled below $17,000 for multiple weeks now, and it recently dipped below the $16,900 mark. This downward move on the Bitcoin chart could be attributed to the recent Federal Open Market Committee (FOMC) minutes. The minutes of the meetings revealed that the Federal Reserve System would stick with higher interest rates […]

What To Expect As Bitcoin Pictures Bullish Divergence On Chart?

What To Expect As Bitcoin Pictures Bullish Divergence On Chart?

The Bitcoin price has been making a slight recovery on its chart. Although the coin has been consolidating over the past few weeks, BTC has been attempting to make an upward movement. Over the last 24 hours, the coin has registered a 0.6% appreciation. Looking at the weekly progress, BTC has been stuck between two […]

Why Bitcoin Will Come Out Ahead In A Recession, Top Analyst Claims

Why Bitcoin Will Come Out Ahead In A Recession, Top Analyst Claims

Bitcoin keeps moving with no clear direction in the first week of 2023. Following a rejection from a critical resistance zone, the cryptocurrency returned to its range and could be gearing up for a re-test of support.  In the meantime, altcoins are blooming, with many recording profits on high timeframes. As of this writing, Bitcoin […]

XRP Price Primed For Future Rally Following Ripple’s MENA Expansion

XRP Price Primed For Future Rally Following Ripple’s MENA Expansion

The XRP price has rather underperformed within the last two years. While XRP has fallen 90.04% from the all-time high of $3.40 on January 6, 2018, Bitcoin (-75.76%) and Ethereum (-74.52%) show considerably smaller losses. One of the main reasons for this is probably the lawsuit filed against Ripple by the U.S. Securities and Exchange […]

Mt. Gox Payout Deadline Postponed Again, Next Bitcoin Price Dump In 2023?

Mt. Gox Payout Deadline Postponed Again, Next Bitcoin Price Dump In 2023?

One concern for Bitcoin investors has taken a back seat in recent weeks and months amid macroeconomic headwinds and crypto-intrinsic contagion effects: the release of recovered BTC from Mt Gox. Originally, users of what was once the largest Bitcoin exchange were supposed to file their claims by January 10, 2023. Shortly after that, payouts were […]

USDD Stablecoin Faces Possible Collapse Amid Huobi Insolvency Rumors

USDD Stablecoin Faces Possible Collapse Amid Huobi Insolvency Rumors

The bear market deepens as negative news and FUD keep popping up. The latest on the list of fear-causing information is Justin Sun’s USDD stablecoin and popular crypto exchange Huobi.  Mike Alfred, an investor serving as a board member of BTC miner Iris Energy and digital asset investment platform Eaglebrook Advisors, earlier today voiced out […]

Ethereum Gains 4.5% in Weekly Timescale As Shanghai Upgrade Nears

Ethereum Gains 4.5% in Weekly Timescale As Shanghai Upgrade Nears

Ethereum, the king altcoin, has been generating a lot of buzz lately. According to CoinGecko, the coin appreciated by 4.5% in the weekly timescale. This is because of the upcoming “Shanghai” upgrade which is expected to improve the overall usability of Ether’s Layer 1 chain.  The term “Layer 1” describes the fundamental components of a […]

Binance Acquisition Moves See BNB Riding A Wave of Enthusiasm

Binance Acquisition Moves See BNB Riding A Wave of Enthusiasm

Crypto exchange Binance and its CEO Changpeng Zhao are making headlines once again as news of the company’s acquisition moves hit the industry. According to recent news, Binance acquired a 41% stake on Korean crypto exchange Gopax. The deal was originally scheduled to be revealed last year, and it involved Binance buying the stock holding […]

Cardano: Growing Whales’ Appetite Gives ADA Price More Flavor

Cardano: Growing Whales’ Appetite Gives ADA Price More Flavor

Following the overall decline in the crypto market, Cardano recorded a two-year low. The coin fell to $0.24 through a four-week bearish impact. ADA lost over 25% of its value through its fall in December 2022. Volatility remains one of the notable attributes of the crypto industry. Sometimes, the price action of crypto assets is […]