Archives par catégorie: Business

Why USDT Is Plunging While Other Stablecoins Are Not

Why USDT Is Plunging While Other Stablecoins Are Not

Stablecoin adoption has grown immensely, observed especially following the collapse of Terra. USDC and USDT have seen sizeable growth, but USDT has a lot of keeping up to do with its value plunging as of press time. USDT trades at $0.09999 as of this writing Stablecoin waning in terms of social mentions and engagements Tether […]

Ethereum Price Downtrend Intact for this Reason, Market Muted

Ethereum Price Downtrend Intact for this Reason, Market Muted

Ethereum is still consolidating below the $1,230 resistance against the US Dollar. ETH could react to the downside if it stays below $1,230 for a long time. Ethereum is attempting an upside break above the $1,230 resistance zone. The price is now trading above $1,200 and the 100 hourly simple moving average. There was a […]

XRP Price Prediction: Recovery Could Derail If This Support Gives Way

XRP Price Prediction: Recovery Could Derail If This Support Gives Way

Ripple is attempting an upside break above the $0.365 resistance zone against the US Dollar. XRP price could fail to gain pace if it stays below the $0.3720 resistance. Ripple is currently recovering above the $0.355 resistance zone against the US dollar. The price is now trading near $0.360 and the 100 simple moving average […]

Bitcoin Price Keeps Fighting Near $17K, What Could Spark Upside Break

Bitcoin Price Keeps Fighting Near $17K, What Could Spark Upside Break

Bitcoin price is still attempting an upside break above $17,000. BTC could gain bullish momentum if there is a daily close above the $17,000 and $17,200 resistance levels. Bitcoin is again attempting an upside break above the $17,000 and $17,200 levels. The price is trading above $16,750 and the 100 hourly simple moving average. There […]

Bitcoin Selling Pressure Becoming Exhausted? This Metric May Hint So

Bitcoin Selling Pressure Becoming Exhausted? This Metric May Hint So

The on-chain data for the stablecoin redemptions during the recent price plunge could suggest there aren’t many Bitcoin holders selling anymore. Stablecoin Redeem Count Has Remained Low Recently As pointed out by an analyst in a CryptoQuant post, large stablecoin redemptions have usually accompanied major declines in the Bitcoin price during this bear market. A […]

Litecoin (LTC) Tops List Of Christmas Gainers, Is $100 Still Possible?

Litecoin (LTC) Tops List Of Christmas Gainers, Is $100 Still Possible?

Litecoin (LTC) emerged as the top gainer over Christmas Day with an impressive performance. This put it ahead of market leaders such as bitcoin and ethereum in terms of performance, solidifying its position as the market leader through the first half of the holidays. Litecoin Tops List Of Gainers Over the last 24 hours, Litecoin […]

Bitcoin Bullish Signal? Small Investors Show Rapid Accumulation

Bitcoin Bullish Signal? Small Investors Show Rapid Accumulation

On-chain data shows small Bitcoin holders have accumulated recently while whale holdings have decreased, a sign that may be bullish in the long term. Bitcoin Investors With 0-1,000 Coins Have Increased Their Holdings Recently As a Twitter user has pointed out using data from Santiment, holders with wallet amounts in the 0-1,000 coins range have […]

Optimism Sees Spike In USDC And USDT Transactions Eclipsing $1 Billion

Optimism Sees Spike In USDC And USDT Transactions Eclipsing $1 Billion

Optimism blockchain network has recently noticed an enormous uptick in both USDC and USDT transactions which have eclipsed $1 billion. What seems to have caught people’s attention is the fact that the Optimism chain seems to be unrivaled and unmoved by the chaos happening in the crypto space. This is now tagged as an unusual […]

Top 5 Cryptocurrencies To Keep An Eye On This Week – Post-Christmas Gainers

Top 5 Cryptocurrencies To Keep An Eye On This Week – Post-Christmas Gainers

It has been a roller coaster ride for crypto investors this 2022. This month, total crypto market capitalization fell from around $2.2 trillion at the start of the year to approximately $850 billion. Several high-profile bankruptcies this year exacerbated the precipitous decline in valuation. The market for cryptocurrencies is still consolidating, with the majority of assets […]

Litecoin Price Prediction: This Resistance Could Trigger New Rally

Litecoin Price Prediction: This Resistance Could Trigger New Rally

Litecoin price remained well bid above the $60 support zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $70 level. Litecoin started a fresh decline below $80 support against the US Dollar. The price is now trading below $70 and the 100 simple moving average (4-hours). There is […]

Ethereum Price Relatively Muted, Bulls Still Aim Key Upside Break

Ethereum Price Relatively Muted, Bulls Still Aim Key Upside Break

Ethereum is consolidating below the $1,230 resistance against the US Dollar. ETH could start a steady increase if it clears the $1,230 and $1,250 resistance levels. Ethereum is slowly moving higher from the $1,190 support zone. The price is now trading above $1,210 and the 100 hourly simple moving average. There was a break above […]

Bitcoin Price Close Above $17.5K Could Spark Larger Degree Recovery

Bitcoin Price Close Above $17.5K Could Spark Larger Degree Recovery

Bitcoin price is attempting an upside break above $17,000. BTC could start a steady recovery if it clears the $17,000 and $17,200 resistance levels. Bitcoin is attempting an upside break above the $17,000 and $17,200 levels. The price is trading above $16,800 and the 100 hourly simple moving average. There was a break above a […]

A Crypto Holiday Special: Past, Present, And Future With Ex BNY Mellon David Shwed

A Crypto Holiday Special: Past, Present, And Future With Ex BNY Mellon David Shwed

2022 is coming to an end, and our staff at NewsBTC decided to launch this Crypto Holiday Special to provide some perspective on the crypto industry. We will talk with multiple guests to understand this year’s highs and lows for crypto. In the spirit of Charles Dicken’s classic, “A Christmas Carol,” we’ll look into crypto […]

SOL Recovery In 2023 – Will The Solana Mobile Updates Help?

SOL Recovery In 2023 – Will The Solana Mobile Updates Help?

Solana is having a hard time springing back to life. Apparently, the FTX crash has negatively impacted SOL and its bearishness doesn’t seem to improve the crypto’s price. Here’s a quick look on how the crypto has been performing: FTX crash drags price down SOL price nosedives by 2.13% $200 million in crypto wiped out […]

A Crypto Holiday Special: Past, Present, And Future With Blofin

A Crypto Holiday Special: Past, Present, And Future With Blofin

2022 is coming to an end, and our staff at NewsBTC decided to launch this Crypto Holiday Special to provide some perspective on the crypto industry. We will be talking with multiple guesses to understand this year’s highs and lows for crypto. In the spirit of Charles Dicken’s classic, “A Christmas Carol,” we’ll look into […]

Litecoin Price Could Present Shorting Opportunities At These Levels

Litecoin Price Could Present Shorting Opportunities At These Levels

The Litecoin price has continued to face rejection after it failed to topple over the $80 price level. In the last 24 hours, it barely registered any price movement. It just depreciated by 0.8%. It was an indication of sideways trading for the altcoin. The past week for LTC has been choppy owing to constant […]

MATIC Rising: Why Investors Are Upbeat On This Crypto For 2023

MATIC Rising: Why Investors Are Upbeat On This Crypto For 2023

The year 2023 looks promising for MATIC. At least, with the way Polygon’s development team are performing, the crypto looks poised for a better year ahead. Polygon, a Layer 2 scaling solution, has recently rolled out zkEVM public testnet (second version) in preparation for the launch of the blockchain’s mainnet. In addition, the ecosystem has […]