Archives par catégorie: Business

Ethereum Struggles To Trade Above $1,650 Again, Is $1,750 Possible For Bulls?

Ethereum Struggles To Trade Above $1,650 Again, Is $1,750 Possible For Bulls?

 ETH’s price needs to stay above $1,500 for the price to have a chance to rally high to a region of $1,700.  ETH’s price continues to trend, creating a more bullish bias as the price aim for $1,700, where the price could face resistance.  ETH’s price remains strong, holding key support on the daily timeframes […]

Users Flee FTX? Exchange Sees 47% Drop In On-Chain Balance

Users Flee FTX? Exchange Sees 47% Drop In On-Chain Balance

The crypto industry is witnessing a new war between exchange giants FTX, led by Sam Bankman-Fried, and Binance-led Changpeng “CZ” Zhao. Over the past week, rumors emerged about the former exchange becoming insolvent and holding an illiquid balance sheet.  The Binance CEO seems to be fulling speculations. During the weekend, CZ expressed concerns about “recent […]

Solana Plunges 12% – Is FTX Selling Its SOL To Defend FTT?

Solana Plunges 12% – Is FTX Selling Its SOL To Defend FTT?

Amidst the turmoil surrounding crypto exchange FTX, there is currently one big loser, Solana (SOL). While the FTT token is at the center of discussions for many market observers after Binance CEO Changpeng Zhao announced to sell all FTT tokens, SOL is seeing a massive -12% drop in price over the last 24 hours. Even […]

Tron Transaction Volume Balloons To 5.3 Million In Q3, But There’s Still Doubts Ahead

Tron Transaction Volume Balloons To 5.3 Million In Q3, But There’s Still Doubts Ahead

Once a week, the official Tron Twitter account would tweet out an update for the world to see. The events of the past week, the post claims, have provided Tron with new possibilities. Also during the quarter, Messari published their own report on Tron’s performance. As more data on the token’s side are investigated, the […]

These Events Will Be Key For Bitcoin And Crypto This Week

These Events Will Be Key For Bitcoin And Crypto This Week

The Bitcoin and crypto market is kicking off what could be an extremely important week. While the market is currently overwhelmed by the news surrounding the battle between Binance CEO Changpeng Zhao (“CZ”) and FTX CEO Sam Bankman-Fried (“SBF”), the midterm elections and the release of the CPI data in the US are two major […]

Bitcoin (BTC) Looks Strong Above $20,500; Here Is The Key Level To Watch

Bitcoin (BTC) Looks Strong Above $20,500; Here Is The Key Level To Watch

 BTC’s price needs to stay above $20,500 for the price to have a chance to rally high to a region of $22,500.  BTC’s price continues to trend, creating a more bullish bias as the price aim for $22,500, where the price could face resistance.  BTC’s price remains strong, holding key support on the daily timeframes […]

What Is Aave: Deep Dive Into the Open Source Liquidity Protocol

What Is Aave: Deep Dive Into the Open Source Liquidity Protocol

Can you think of a couple of ways you could utilize your crypto assets? Lending and borrowing are most likely nowhere near your top mentions, right? Yet, crypto loans are an ever-growing sensation in the nascent crypto industry.  The entire process takes place seamlessly, as it uses smart contracts to match lenders with borrowers. For […]

Ethereum Price Plunges to $1,550: Can Bulls Save the Day?

Ethereum Price Plunges to $1,550: Can Bulls Save the Day?

Ethereum started a downside correction from the $1,675 high against the US Dollar. ETH must stay above the $1,550 support to start a fresh increase. Ethereum climbed higher above $1,650 before it started a downside correction. The price is now trading below $1,600 and the 100 hourly simple moving average. There is a key bearish […]

Bitcoin Price Starts Constructive Correction, Why BTC Could Drop Further

Bitcoin Price Starts Constructive Correction, Why BTC Could Drop Further

Bitcoin price traded to a new monthly high at $21,469 before it started a downside correction. BTC could drop towards $20,600 before it starts a fresh increase. Bitcoin gained pace above the $21,000 resistance zone before it faced sellers. The price is trading above $20,500 and the 100 hourly simple moving average. There is a […]

CZ Binance Hints At Rising Taxation Being Detrimental To Indian Crypto Industry

CZ Binance Hints At Rising Taxation Being Detrimental To Indian Crypto Industry

The Indian government has maintained a bullish stance on its income tax on crypto assets. The government demonstrated this with the proposal of a Cryptocurrency and Regulation of the Official Digital Currency Bill in 2021. However, cryptocurrencies and NFTs are currently not regulated in India. The RBI even tried to ban crypto in 2018. Although […]

Dogecoin Climbs 6% In Last 24 Hours – Can DOGE Maintain Its All-Green Aura?

Dogecoin Climbs 6% In Last 24 Hours – Can DOGE Maintain Its All-Green Aura?

Dogecoin, earlier today, once again initiated a rally that enabled it to go up by 6% in just 24 hours, peaking at $0.127. But as hours went by, DOGE lost some of its momentum as it is now trading at $0.122 according to tracking from Coingecko. Here’s a quick look at the meme coin’s performance: […]

Axie Infinity Can Recoup Its 6-Month Loss And Rise 25%, But It Must First Do This

Axie Infinity Can Recoup Its 6-Month Loss And Rise 25%, But It Must First Do This

Axie Infinity (AXS) finally managed to break away from its downward momentum that’s been going on for the last six months. According to latest data from Coingecko, the crypto asset peaked at $11.29 today before entering a minor price correction that made it decline by more than 7% over a 24-hour period. AXS is in […]

Bitcoin (BTC) Shows Strength As Price Breaks $21,300; Here Are Levels To Watch

Bitcoin (BTC) Shows Strength As Price Breaks $21,300; Here Are Levels To Watch

 BTC’s price needs to rally high as the price continues to stall in its price movement despite the market looking green across boards.   BTC’s price continues to trend, creating a more bullish bias as the price aim for $22,500, where the price could face resistance.  BTC’s price remains indecisive on the daily timeframes as the […]

Coinbase Revenue Dips By Nearly 50% Amid Crypto Winter

Coinbase Revenue Dips By Nearly 50% Amid Crypto Winter

The crypto market continues to express more decline in the value of most assets, especially Coinbase. Also, the intense bearish trend is creating tighter conditions for almost all firms. The overall effect results in adverse reports on the performance of the companies. Recently, Coinbase, the most prominent American crypto exchange, released its report for the […]

Axie Infinity (AXS) Rallies By 23%; Are The Bulls Taking Over From Here?

Axie Infinity (AXS) Rallies By 23%; Are The Bulls Taking Over From Here?

 AXS’s price needs to rally high as the price continues to stall in its price movement despite the market looking green across boards.   AXS’s price continues to trend below key support as the price tries to build more strength to overcome this area of resistance that has held the price from rallying.  AXS’s price remains […]

Apecoin (APE) Price Ranges As Altcoins Rally; Are Bulls In Control?

Apecoin (APE) Price Ranges As Altcoins Rally; Are Bulls In Control?

 APE’s price fails to rally high as the price continues to stall in its price movement despite the market looking green across boards.   APE’s price continues to trend below key support as the price tries to build more strength to overcome this area of resistance that has held the price from rallying.  APE’s price remains […]

Dogecoin (DOGE) Price Seen Sliding 15% In Coming Days – Here’s Why

Dogecoin (DOGE) Price Seen Sliding 15% In Coming Days – Here’s Why

Dogecoin is currently changing hands at a price that is significantly lower than its six-month high of $0.1572, providing an opportunity for investors to take advantage of a huge discount for accumulation. Dogecoin went down by 11% following news of Twitter’s plans to halt crypto integration projects DOGE managed to bounce back over the last […]