Archives par catégorie: Business

There has been significant sideways fluctuation in the price of bitcoin recently, and it is currently trading in the $16,541 area. However, Bitcoin Cash, a spinoff of BTC, has seen its value drop after passing through the $105 threshold. BCH may need BTC for a rally, as there is a strong market correlation between the two. […]

The FTX Contagion effects do not even stop at the largest institutional Bitcoin product on the market, the Grayscale Bitcoin Trust (GBTC). As a result of the bankruptcy of Sam Bankman-Fried’s crypto exchange, the discount to the NAV of Grayscale’s GBTC fund has fallen to around -40%. As recently as the end of 2020, GBTC […]

Telegram’s own blockchain, TON, continues to enjoy impressive gains despite current market volatility. The open-source protocol has been one of the few ecosystems to stay afloat following the FTX saga. Specifically, TON posted a 3.28% gain intraday with a week-on-week rise of over 13%.  TON also gained ground against the top two cryptocurrencies, Bitcoin and […]

 LTC’s price shows bullish signs as price holds above its range channel showing signs to rally high as FTX fiascos continue.   LTC’s price trades above $60 with the market’s current state, as things look uncertain for most traders and investors.  LTC’s price bounces from a low of $50 on the daily timeframe as the price […]

Ethereum is consolidating losses above the $1,200 support against the US Dollar. ETH could start a steady increase if there is a clear move above the $1,300 resistance. Ethereum is facing resistance near the $1,240 and $1,250 levels. The price is now trading below $1,240 and the 100 hourly simple moving average. There is a […]

What’s Moneyland? That’s what the first half of this “The Missing Cryptoqueen” episode is about. The second part is about Frankfurt, the city where Jamie and Georgia think that Dr. Ruja might be hiding. In any case, Moneyland is that mythical place where the money that millionaires and corporate entities want to disappear goes. The […]

Quant (QNT) may not be like the Bitcoin and some of its fellow altcoins like Ethereum, Dogecoin and even Shiba Inu in terms of social dominance but it is silently making its move to be included among the list of must-have crypto assets right now. The cryptocurrency, ranking 32nd in terms of market capitalization, seems […]

Bitcoin price is slowly moving higher above the $16,750 resistance zone. BTC could gain bullish momentum if it settles above the $17,000 resistance zone. Bitcoin is slowly gaining pace from the $16,350 and $16,000 support levels. The price is trading above $16,500 and the 100 hourly simple moving average. There was a break above a […]

Since the bitcoin price decline began, El Salvador and its president Nayib Bukele have basically been put under a microscope. The country’s bitcoin plan had seen it buy more than 2,300 BTC but the bear market had wiped a significant portion of the value from their holdings. Nevertheless, Bukele has not backed down on his […]

The price action displayed by top altcoins in recent times has yet to be encouraging with the market’s erratic price movement after a cascading effect suffered by FTX led to many altcoins, including the price of Ethereum (ETH), battling for survival. The Domino effect of the FTX saga and other huge investors has left the […]

Binance and other top crypto exchanges halted stablecoin deposits from the Solana (SOL) blockchain. The companies released an official statement claiming that the measure will be temporary, but it could have harmful implications for the SOL ecosystem.  Solana (SOL) trades at $13.5, with a 5% loss in the last 24 hours and a 3% loss […]

The Bitcoin and crypto market is still wallowing in turmoil from the collapse of the FTX exchange. Many crypto assets have followed a correlation with the decline of FTX Token, FTT. As a result, the past few days brought an intense bearish pull on the prices of virtual assets. With the recent events’ outplay, the […]

On-chain data shows the Bitcoin reserve on Binance has been sharply going up in the last couple of days, something that could be a sign of dumping. Bitcoin Reserve On The Crypto Exchange Binance Has Observed Sharp Growth In Recent Days As pointed out by an analyst in a CryptoQuant post, the funding rates have […]

 ETH’s price reclaims its demand zone of $1,200 as price bounces to a region of $1,250 despite market turmoil.   ETH’s price continues to show strength after a bearish downtrend with the market’s current state, as things look uncertain for most traders and investors.  ETH’s price bounces from a low of $1,100 on the daily timeframes […]

Solana (SOL) was one of the hardest hit blockchains by the FTX collapse. Even now, more than a week after the initial bankruptcy, SOL continues to buckle under the weight of uncertainty left among its users and investors given Sam Bankman-Fried’s (SBF) heavy involvement in the Solana blockchain. Will SOL continue to suffer or is […]

Popular fan token CHZ has printed substantial gains in the last week as football fans prepare for 2022’s world cup event. As of writing, the token is trading at a 2.20% gain on the day. Plus, its week-on-week chart looks green. Specifically, the 34th largest token by market cap still keeps over 9% gains from […]

Eight, a cryptocurrency consultancy founded by Michaël van de Poppe in 2018, has uncovered the best altcoins that can benefit from FTX’s demise. According to analysts, recent events are promoting a narrative that is strongly associated with decentralization. Following the FTX news, leading hardware wallet manufacturer Trezor and Ledger reported skyrocketing and record-breaking sales. This […]

What happened here was not a mistake; it is not that they were hacked. They took several decisions to put at risk customer assets. The crypto industry saw dark days over the past week. FTX, the former second-largest exchange in the world, crumbled. The fallout continues to ripple across the industry, with FTX-backed companies filing […]

Bitcoin price is struggling to clear the $17,000 resistance zone. BTC must stay above $16,000 to avoid more losses in the near term. Bitcoin is still consolidating above the $16,350 and $16,000 support levels. The price is trading just above $16,500 and the 100 hourly simple moving average. There is a major bearish trend line […]

The Bitcoin and crypto market has been volatile for most of 2022. Judging from the prolonged bear market, most experts were optimistic that it was close to an exit point. However, recent trends in the crypto world and macro-financial activities have prolonged the downtrend. The feds’ rate hike continues to affect crypto assets adversely. XRP’s […]