Archives par catégorie: Business

Why ApeCoin Traders Should Expect The Next Coming Days To Be Tough For APE

Why ApeCoin Traders Should Expect The Next Coming Days To Be Tough For APE

Since its release on May 22 this year, ApeCoin has experienced lots of challenges. To date, its prices have steadily decreased. The difficulties started in the middle of the May–June crypto market meltdown.  Although ApeCoin was designed to aid the APE project on its Web3 journey, the token’s price has recently broken to a bearish […]

Ripple (XRP) Struggles As Bearish Divergence Emerges, Eyes $0.42 Support

Ripple (XRP) Struggles As Bearish Divergence Emerges, Eyes $0.42 Support

XRP price slows down after several days as price remains bullish despite showing weakness. XRP trades above 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs with the emergence of bearish divergence.  The price of XRP continues to hold strong and could retest $0.42 support.  The price of Ripple (XRP) continues […]

Stellar Soars 6% In Last 30 Days – Can XLM Keep On Shining This Week?

Stellar Soars 6% In Last 30 Days – Can XLM Keep On Shining This Week?

Since the beginning of this month, Stellar (XLM) has increased by 6%, continuing its remarkable monthly performance. Coingecko reports a 4-day performance for XLM of 5.3%, while charts show an impressive 31.50% rise over the previous 30 days. This price change is even more unexpected when considered in light of this. Santiment recently took to […]

Bitcoin Holders Bracing For A Crypto Winter Bottom Should Check These Data

Bitcoin Holders Bracing For A Crypto Winter Bottom Should Check These Data

Bitcoin bulls continue to feel the pinch as the currency has dropped 8.17 percent in value over the past seven days. BTC investors are looking forward to a market bottom, and Glassnode claims that the market has bottomed out. Nonetheless, whales and major institutions are currently in the accumulation phase, so it doesn’t matter if […]

Huobi Token Spikes Nearly 30% In Last 24 Hours As HT Seen Rising On Revival Plans

Huobi Token Spikes Nearly 30% In Last 24 Hours As HT Seen Rising On Revival Plans

Huobi has had its ups and downs, just like every other entity in the crypto space. Not surprising. Before the Chinese 2021 ban on cryptocurrency transactions, the COO of the company, Robin Zhu, came under investigation in China for unspecified reasons. The exchange announced it had lost 920 BTC and 8,100 LTC in a Weibo […]

Ethereum Price Consolidates Below $1,300: What Could Trigger A Sharp Decline?

Ethereum Price Consolidates Below $1,300: What Could Trigger A Sharp Decline?

Ethereum tested the key $1,265 support zone against the US Dollar. ETH might correct higher, but upsides could face hurdles near $1,300 and $1,310. Ethereum remains in a bearish zone below the $1,350 and $1,320 support levels. The price is now trading below $1,300 and the 100 hourly simple moving average. There was a break […]

Bitcoin Price Recovery Won’t Be Easy, Why Bears Target Additional Weakness

Bitcoin Price Recovery Won’t Be Easy, Why Bears Target Additional Weakness

Bitcoin price is struggling below the $19,200 support against the US Dollar. BTC remains at a risk of more losses below the $18,500 support in the near term. Bitcoin is showing bearish signs below the $19,200 and $19,500 levels. The price is trading below above $19,500 and the 100 hourly simple moving average. There is […]

Bitcoin Plays Ping Pong As Price Continues In A Range, Where Is Price Headed?

Bitcoin Plays Ping Pong As Price Continues In A Range, Where Is Price Headed?

BTC prices continue to trend downwards as prices remain bearish, with price trading on critical support.  BTC trades below 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs.  The price of BTC needs to break and hold above the key resistance of $20,500 to initiate recovery signs for the price.  The […]

XRP Holds Gains When Almost The Whole Market Turns Into Red

XRP Holds Gains When Almost The Whole Market Turns Into Red

The broader crypto market remains in a bad state regardless of the few positive movements of some tokens. Even popular tokens like Bitcoin and Ethereum do not give investors any hope. This is evident from their current prices of $19,005 and $1,282, respectively, according to data from CoinMarketCap. Multiple factors are backing up the present […]

Bitcoin Mining Difficulty Adjustment May Force Miners To Dump Their BTC

Bitcoin Mining Difficulty Adjustment May Force Miners To Dump Their BTC

Last week, the bitcoin hashrate touched a new all-time high after tremendous growth. While this was a welcome development, it had significant implications for the next mining difficulty adjustment which took place on Monday. As expected, the difficulty adjustment had jumped by double-digits, beating even the highest of forecasts. Difficulty Adjusts By 13.5% Over the […]

Ethereum Gains So Much Demand To Buy At $500, Will This Be Possible?

Ethereum Gains So Much Demand To Buy At $500, Will This Be Possible?

ETH prices continue to trend downwards as prices remain bearish, with price trading on critical support.  ETH trades below 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs as many traders and investors wish for $500.  The price of ETH needs to break and hold above the key resistance of $1,400 […]

The End of Bitcoin Woes? BTCUSD Analysis October 11, 2022

The End of Bitcoin Woes? BTCUSD Analysis October 11, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine a possible bottoming scenario in Bitcoin price based on a potential expanded flat correction and an ending diagonal. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 11, 2022 Bears and bulls are battling it out once again, each side trying […]

Bitcoin Supply In Profit Continues Decline, But Still Not At Historical Bottom Zone

Bitcoin Supply In Profit Continues Decline, But Still Not At Historical Bottom Zone

Data shows the Bitcoin supply in profit has continued its decline, but the metric has still not reached levels as low as the previous bear market bottoms. Around 50% Of The Bitcoin Supply Is In Profit At The Moment According to the latest weekly report from Glassnode, the current profitability levels in the BTC market […]

ApeCoin Crashes 7% Following SEC Probe Against Yuga Labs

ApeCoin Crashes 7% Following SEC Probe Against Yuga Labs

ApeCoin (APE) is trending to the downside as the U.S. Securities and Exchange Commission (SEC) announces an investigation against its parent company, Yuga Labs. The creators of popular non-fungible token (NFT) collections, including Bored Ape Yacht Club (BAYC), the regulator will look into a potential violation of their securities laws.  According to a report from […]

Here’s Why SUSHI Is Down More Than 10% In The Last 24 Hours

Here’s Why SUSHI Is Down More Than 10% In The Last 24 Hours

Over the last day, the price of SUSHI, the native cryptocurrency of the SushiSwap ecosystem, has been on the decline. However, this was not just a normal market decline and was tied to rumors that have been circulating in connection to its new ‘Head Chef’ Jared Grey’s conduct in the past and inappropriate sexual conduct […]

Solana Forms A Bilateral Signal For Traders, Will Price Hold Above $30?

Solana Forms A Bilateral Signal For Traders, Will Price Hold Above $30?

SOL price continues to trend downwards as price remains bearish with price trading on key support.  SOL trades below 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs.  The price of SOL needs to break and hold above the key resistance of $45 to resume bullish price movement.  The price of […]