Archives par catégorie: Business

Ethereum Price Will Rally If This Happens; What Could That Possibly Be?

Ethereum Price Will Rally If This Happens; What Could That Possibly Be?

ETH’s price shows the first sign of bounce after forming a bullish pattern as the price gets rejected into a descending range channel.  ETH bounced off its downtrend movement as the price builds more momentum in a descending triangle with a breakout on either side open.  The price of ETH continues in its range movement […]

Bitcoin Volatility Shrinks To All-Time Lows – What To Expect

Bitcoin Volatility Shrinks To All-Time Lows – What To Expect

The Bitcoin price is currently so stable that some experts are already jokingly comparing it to a stablecoin. However, from a historical perspective, this low volatility level carries a lot of risk. As Glassnode reports, BTC is trading in an incredibly small range of $869, separating the weekly low and high by just 4.6%. Glassnode […]

Tron Hits Record 117 Million Users, But TRX Price Increase Is Mediocre

Tron Hits Record 117 Million Users, But TRX Price Increase Is Mediocre

Tron (TRX) managed to pull a Bitcoin-like feat almost two weeks ago when it became a legal tender for the Commonwealth of Dominica. The 16th largest cryptocurrency in terms of market capitalization successfully replicated Bitcoin’s feat when it became a legally accepted tender within the territories of El Salvador. TRX price slightly corrects after surging […]

Shiba Inu Burn Rate Spikes By 1,860% – Why Investors Should Take Note Of This

Shiba Inu Burn Rate Spikes By 1,860% – Why Investors Should Take Note Of This

Shiba Inu, a cryptocurrency that is a spin-off of dog-themed crypto Dogecoin, is counting on massive token burning rates to stop its decline. Over the last 24 hours, over 45 million SHIB Tokens were burned During the same time frame, Shiba Inu failed to increase its trading price Analysts think the asset might “die” by […]

Litecoin Registers Over $1 Million In Whale Transactions For 2022 – Good News For LTC?

Litecoin Registers Over $1 Million In Whale Transactions For 2022 – Good News For LTC?

Litecoin, for most part of the current year, has been silent and is only mentioned when its price goes down relative to the overall sentiment of the whole crypto market. Litecoin manages to increase its value by 1.3% over the last week LTC is seen trading at $54.89 over the next five days A sharp […]

Uniswap Shows Bullish Pattern As Price Fails To Break $6.8; Are Bears In Control?

Uniswap Shows Bullish Pattern As Price Fails To Break $6.8; Are Bears In Control?

UNI’s price shows the first sign of bounce after forming a bullish pattern as the price gets rejected into a range channel.  UNI bounced off its downtrend movement as the price broke its resistance of $6.8 but failed to hold this region.  The price of UNI continues in its range movement as the price gets […]

Bitcoin Price Just Saw Technical Correction And Fresh Increase Seems Likely

Bitcoin Price Just Saw Technical Correction And Fresh Increase Seems Likely

Bitcoin price corrected lower from $19,650 against the US Dollar. BTC is holding the $19,200 support and might soon start a fresh increase. Bitcoin started a downside correction after it failed to clear the $19,650 zone. The price is trading above $19,200 and the 100 hourly simple moving average. There is a connecting bearish trend […]

Polygon (MATIC) Among Gainers When Top Coins Bleed

Polygon (MATIC) Among Gainers When Top Coins Bleed

MATIC enjoyed significant gains on the trading day despite other coins going red. The Ethereum layer-2 token gained bullish momentum on the day, keeping over 6% gains in the last 24 hours. The token has also held its end against Bitcoin and Ethereum, leading significant gains over the two biggest coins. Polygon hasn’t been its […]

Toncoin (TON) Gains Over 14% In Value During The Turbulent Week For Other Cryptos

Toncoin (TON) Gains Over 14% In Value During The Turbulent Week For Other Cryptos

Toncoin is outperforming major coins despite a turbulent week for the crypto market. The coin experienced a surge of over 14% within the week, leaving traders with huge profits. Toncoin is currently trading at $1.44 per coin, a 4.68% gain in the last 24 hours. Toncoin’s gains also extend to BTC and ETH as it […]

ARK Invest’s Cathie Wood Puts Bitcoin At $1 Million In 8 Years, Here’s Why

ARK Invest’s Cathie Wood Puts Bitcoin At $1 Million In 8 Years, Here’s Why

ARK Invest CEO Cathie Wood has been a long-time supporter of Bitcoin. The CEO had taken the bold step and become one of the first managers of a public fund to actually support the digital asset openly. ARK Invest had gone on to make some investments related to the cryptocurrency such as buying shares of […]

Twitter Working On Its Own Crypto Wallet Prototype

Twitter Working On Its Own Crypto Wallet Prototype

Software engineer Jane Manchun Wong, famous for her reports on to-be-launch tech features, claimed that Twitter would implement its own crypto wallet. Currently, the project is under development, and the team behind the feature is still working on a prototype.  According to Manchun Wong, the crypto wallet will enable users to deposit and withdraw their […]

Altcoin Exchange Dominance Rises To 50%, What Does It Mean For Bitcoin?

Altcoin Exchange Dominance Rises To 50%, What Does It Mean For Bitcoin?

Data shows the altcoin dominance by volume on exchanges has now risen to 50%, here’s what happened to Bitcoin the last two times the crypto market saw such a shift. Altcoins Are Now Contributing To 50% Of The Volumes On Exchanges As pointed out by an analyst in a CryptoQuant post, altcoins have started to […]

Can Bitcoin Bring An End To Crypto Winter? | BTCUSD Analysis October 24, 2022

Can Bitcoin Bring An End To Crypto Winter? | BTCUSD Analysis October 24, 2022

In this episode of NewsBTC’s daily technical analysis videos, we use the Fisher Transform and other tools to see how close Bitcoin is to putting an end to crypto winter. Take a look at the video below: VIDEO: Bitcoin Price (BTCUSD): October 24, 2022 Crypto Winter Bitcoin continues to be boring, but the theme of […]

Best Bitcoin And Ethereum Trading Strategy In 2022? This Report Answers

Best Bitcoin And Ethereum Trading Strategy In 2022? This Report Answers

Bitcoin and Ethereum remain stuck in a range with no clear direction during today’s trading session. The crypto market’s uncertainty has been smashing on long and short positions, but one sector is blooming under current conditions.  At the time of writing, Bitcoin trades at $19,360 with sideways movement across the board. Ethereum is displaying similar […]

$185 Million Worth Of AXS Tokens Set To Be Unlocked, Time To Get Out Of Axie Infinity?

$185 Million Worth Of AXS Tokens Set To Be Unlocked, Time To Get Out Of Axie Infinity?

Axie Infinity (AXS) is the leading play-to-earn ecosystem in the crypto space and has continued to maintain this title since its release. Its native cryptocurrency, AXS, has seen its price take a hit in the market since the bear market began alongside other digital assets in the space. However, it seems that the decline in […]

Solana Struggles Below Key Resistance, Can Price Flip $30 Into Support?

Solana Struggles Below Key Resistance, Can Price Flip $30 Into Support?

SOL’s price struggle to reclaim a key support area of $30 after losing this region.  SOL breaks below a descending triangle as the price looks weak despite Bitcoin (BTC) dragging market prices upwards.  The price of SOL respects the resistance line as the price trades below 50 and 200 Exponential Moving Averages (EMA). The price […]

Enjin (ENJ) Among Top 10 Crypto Choice Of ETH Whales In Last 24 Hours

Enjin (ENJ) Among Top 10 Crypto Choice Of ETH Whales In Last 24 Hours

Cryptocurrency whales are now investing heavily on Enjin Coin. Cryptocurrency whale tracker WhaleStats reports a total of 28,551,132 ENJ coins are in the whales’ possession. Given that one token is now trading at a market price of $0.4141, this amounts to $11.8 million. In tandem with the whale frenzy on ENJ coin, the Enjin development […]