Archives par catégorie: Business

Solana: This Minor Hiccup Didn’t Discourage Investors From Acquiring SOL – Until Today

Solana: This Minor Hiccup Didn’t Discourage Investors From Acquiring SOL – Until Today

On the day following the implementation by the US Federal Reserve of the 50-basis point hike, Solana (SOL) saw accumulation rather than a sell-off, despite the altcoin’s 4% decline. Prices for Bitcoin and Ethereum and other cryptocurrencies fell on December 14 as reports surfaced that the central bank raised its interest rates. The situation is […]

Bitcoin Miner Capitulation Is An Exaggerated Fear, Analyst Claims

Bitcoin Miner Capitulation Is An Exaggerated Fear, Analyst Claims

Jaran Mellerud of Hashrate Index recently released a ‘comprehensive analysis’ on the thesis that a Bitcoin miner capitulation could put massive selling pressure on the market, causing a crash.  The topic has been a recurring part of the discussion in recent weeks as to whether the BTC bear market could be prolonged by the tight […]

Ethereum Price Just Signaled “Sell” And It’s Vulnerable to More Downsides

Ethereum Price Just Signaled “Sell” And It’s Vulnerable to More Downsides

Ethereum started a fresh decline from the $1,350 resistance against the US Dollar. ETH traded below $1,300 and is showing bearish signs. Ethereum started another decline and traded below the $1,300 support. The price is now trading below $1,290 and the 100 hourly simple moving average. There was a break below a major bullish trend […]

Bitcoin Price Prediction: Why BTC Could Still Tumble Below $16K

Bitcoin Price Prediction: Why BTC Could Still Tumble Below $16K

Bitcoin price failed to clear $18,000 and corrected lower. BTC is signaling bearish signs and might even start a fresh decline in the coming sessions. Bitcoin started a downward move and traded below the $17,600 support. The price is trading below $17,500 and the 100 hourly simple moving average. There was a break below a […]

This Asset Management Firm Raises Over $70 Million Amid Crypto Winter

This Asset Management Firm Raises Over $70 Million Amid Crypto Winter

Cryptocurrency exchange-traded products are gaining traction due to their benefits to investors. These products expose investors to the crypto market without owning the underlying asset. Investing in ETFs allows users to enjoy institutional custody and transparent and simplified trading through brokerage accounts. Crypto assets are highly volatile, with complex trading rudiments. Therefore most investors find […]

Whale Accumulation Paints Bullish Picture For XRP

Whale Accumulation Paints Bullish Picture For XRP

XRP whales have taken advantage of the price decline recorded in the crypto market to fill up their bags. These large investors have been rapidly buying up the tokens and increasing the percentage of supply they hold. In the last month, the holdings of these large whales have seen a significant uptick, sending their cumulative […]

What Is COCOS? And How It Ended Up Replacing XRP In The Crypto Top 10?

What Is COCOS? And How It Ended Up Replacing XRP In The Crypto Top 10?

An unknown cryptocurrency called Cocos-BCX (COCOS) surprised market participants by sneaking into the crypto top 10 by market cap. Out of the bloom, the token records over $25 billion in market capitalization, according to data from CoinMarketCap.  The platform experienced a bug that allowed COCOS to rise in the industry’s top ranking. As of this […]

Fed Interest Rate Hike Triggers Pullback, Is Bitcoin Headed For A Weak Finish?

Fed Interest Rate Hike Triggers Pullback, Is Bitcoin Headed For A Weak Finish?

Bitcoin had been riding the euphoric high from the CPI data released on Tuesday which showed that inflation was finally slowing down in the United States. The digital asset had been able to clear $18,000 for the first time since the FTX collapse as a result of this. However, the FOMC announcement that would follow […]

Binance Coin Facing Massive Sell Pressure? Mithril Team Wants 200,000 BNB Back

Binance Coin Facing Massive Sell Pressure? Mithril Team Wants 200,000 BNB Back

In an announcement today, Binance declared that based on recent reviews, it has decided to delist the Mithril (MITH), Tribe (TRIBE), Augur (REP) and Bitcoin Standard Hashrate Token (BTCST) tokens on December 22, 09:00 (UTC) and cease trading on all trading pairs. As stated in a blog post about the matter, Binance periodically reviews the […]

Why This Bitcoin Bearish Divergence Could Spell Doom For BTC Rally

Why This Bitcoin Bearish Divergence Could Spell Doom For BTC Rally

A quant has explained how this bearish divergence in Bitcoin on-chain data can lead to a short-term correction in the price. Bitcoin Short-Term Holder SOPR Has Been Slowing Down Despite Price Going Up As explained by an analyst in a CryptoQuant post, a gap has been forming in the purchasing power of short-term holders and […]

Bitcoin Price Poised To Continue Its Rally As Whales Turn Bullish After 14 Months

Bitcoin Price Poised To Continue Its Rally As Whales Turn Bullish After 14 Months

The bitcoin price has seen a minor rally ahead of yesterday’s FOMC meeting and has held relatively strong despite the hawkish outlook from the US central bank.  A look at the daily chart of BTC shows that the price managed to hold above $18,600. After an exuberant euphoria following the release of CPI data, bitcoin seems […]

VanEck’s Bitcoin Prediction Stands At $10K-$12K By Q1 2023

VanEck’s Bitcoin Prediction Stands At $10K-$12K By Q1 2023

VanEck is one of a handful of companies that continues to fight for the approval of a Bitcoin Spot ETF. The U.S. investment management firm received a resounding rejection from the U.S. Securities and Exchange Commission in November 2021 after a three-year battle. Just six months later, on June 24 of this year, VanEck reapplied […]

Ethereum Active Addresses At Highest Since May 2021, Good News For ETH?

Ethereum Active Addresses At Highest Since May 2021, Good News For ETH?

On-chain data shows the Ethereum daily active addresses metric is now at the highest level since May 2021, a sign that could be positive for the latest rally above $1,300. 637,000 Unique Ethereum Addresses Have Been Showing Daily Activity Recently According to data from on-chain analytics firm Santiment, ETH is currently observing its highest point of […]

Bitcoin Price Crystal Ball – What Happens To BTC After Christmas 2022?

Bitcoin Price Crystal Ball – What Happens To BTC After Christmas 2022?

Bitcoin and the broader crypto market rapidly reversed course in response to the U.S. Federal Reserve’s announcement of a 50-basis-point increase in interest rates, erasing any gains made before the disclosure. The Federal Reserve has been steadily raising interest rates in an effort to ease the economy and rein in inflation, which has driven prices […]

Toncoin (TON) Shoots Up 50% In 7 Days – This Telegram Feature Cranks Up Demand

Toncoin (TON) Shoots Up 50% In 7 Days – This Telegram Feature Cranks Up Demand

Toncoin (TON) is currently outperforming all other cryptocurrencies in the top 100 by market capitalization on a weekly basis. With a price increase of around 50% within the last seven days, the token is the undisputed leader, followed by Stacks (+16%) and Bitcoin SV (+14%). Over the last 24 hours, Toncoin is writing a whopping […]

Tron Price Prediction: Why TRX Could Outperform BTC and ETH

Tron Price Prediction: Why TRX Could Outperform BTC and ETH

Tron price is up over 5% and showing positive signs above $0.055 against the US Dollar. TRX could outperform bitcoin and rise further towards $0.060. Tron price is trading in a positive zone well above the $0.0520 pivot level against the US dollar. The price is showing positive signs above $0.055 and the 100 simple […]

Ethereum Price Resilience Gives us Pause, but Not out of Woods Yet

Ethereum Price Resilience Gives us Pause, but Not out of Woods Yet

Ethereum jumped and tested the $1,350 resistance against the US Dollar. ETH corrected lower, but the bulls are active near the $1,280 support. Ethereum was able to clear the $1,300 and $1,320 resistance levels. The price is now trading near $1,290 and the 100 hourly simple moving average. There is a key bullish trend line […]