Archives par catégorie: Business

Ethereum Funding Rates Hit The Low Amid The Shift From PoW

Ethereum Funding Rates Hit The Low Amid The Shift From PoW

The Ethereum upgrade has shifted the network from Proof-of-Work (PoW) to Proof-of-Stake (PoS). The Ethereum mainnet and the Beacon Chain will finally merge as a single blockchain through the transition. According to the estimations of EtherNodes, the Ethereum transition will occur if there are no underlying technical challenges. Before now, the team of developers confirmed […]

TA: Ethereum Key Indicators Suggest A Strengthening Case For More Losses

TA: Ethereum Key Indicators Suggest A Strengthening Case For More Losses

Ethereum declined sharply from the $1,655 resistance zone against the US Dollar. ETH is struggling and remains at a risk of more losses below the $1,450 level. Ethereum started a fresh decline after it failed to clear the $1,650 resistance zone. The price is now trading below $1,550 and the 100 hourly simple moving average. […]

TA: Bitcoin Price Turns Red as Bears Take Over Crypto Market

TA: Bitcoin Price Turns Red as Bears Take Over Crypto Market

Bitcoin is showing bearish signs below the $20,000 support zone against the US Dollar. BTC could accelerate further lower below the $19,500 support zone. Bitcoin started a fresh decline and traded below the $20,000 support. The price is now trading below $20,200 and the 100 hourly simple moving average. There is a major bearish trend […]

Crypto Plummets As CPI Worsens, Any Chance For Reversal?

Crypto Plummets As CPI Worsens, Any Chance For Reversal?

Crypto prices have maintained a strong correlation with most macroeconomic factors. It’s no longer debatable that inflation affects the trend in the crypto market. Most past digital asset declines took root from the swing in the general global economy. The intensity of the crypto winter through the year’s first half had accumulated strength from potential […]

Ethereum Merge Fails To Move ETH Price, $2,000 Remains Elusive

Ethereum Merge Fails To Move ETH Price, $2,000 Remains Elusive

The price of Ethereum continues to struggle below $1,600 despite the Merge being successful. As pointed out previously, the Ethereum Merge had looked to be a “buy the rumor, sell the news” event, which seems to be playing out, but the lack of highly fluctuating prices suggests that even the expected sell-offs seemed not to […]

Bitcoin Could Plummet 30% Before Upward Trends Starts, Analyst

Bitcoin Could Plummet 30% Before Upward Trends Starts, Analyst

The crypto market has recorded massive losses since May 2022. After the Federal Reserve announced and kicked off interest rate hikes, prices tanked due to selling pressure. Many crypto investors and operators of diverse solutions have faced different crises from market moves.  But it seems the end is not near yet. Even as the Merge […]

STEPN (GMT) Struggles To Hit $1, Is The Price Running Out Of Steam?

STEPN (GMT) Struggles To Hit $1, Is The Price Running Out Of Steam?

STEPN (GMT) has struggled to show its move in recent months after ranking as the top gainer for several weeks against tether (USDT). The price of STEPN has struggled to rally to $1 despite the market seeing relief bounces across the market, with many altcoins producing double-digit gains, with the price of STEPN (GMT) showing […]

Golem (GLM) Leads Gain, Adding Over 20% In The Last 24 Hours

Golem (GLM) Leads Gain, Adding Over 20% In The Last 24 Hours

Many cryptocurrencies recorded price fall in the past 24 hours. For instance, Bitcoin prices have fallen by 1.65% in the past 24 hours. Even though the 7-day gain shows a 3.23%, the current level is not encouraging.  Ethereum hasn’t fared well, either. Its 1-hour trend shows a 0.99% loss, while the 24 hours level indicates […]

WATCH: Ethereum Merge Sell The News Event | ETHUSD September 15, 2022

WATCH: Ethereum Merge Sell The News Event | ETHUSD September 15, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine the price action in Ethereum following the Merge upgrade in both the ETHUSD and ETHBTC trading pairs. Take a look at the video below: VIDEO: Ethereum Price Analysis (ETHUSD): September 15, 2022 Overnight last night, the Ethereum Merge upgrade occurred. As many expected, it turned […]

Crypto Mining Profitability | How to Make Money with Mining in 2022

Crypto Mining Profitability | How to Make Money with Mining in 2022

It seems that crypto mining profitability has decreased with the price of Bitcoin tanking in 2022. As a result, many mining companies have temporarily closed their mining operations until the endeavor becomes profitable for them again. Combining the falling Bitcoin price with the Ethereum network upgrade to Proof-of-Stake (PoS) means that cryptocurrency mining profitability is […]

AVAX Price Rebound Fails To Breach $22 Resistance Due To High CPI Data

AVAX Price Rebound Fails To Breach $22 Resistance Due To High CPI Data

AVAX had time to recoup from June to July and then in August, the token slipped and formed a bullish cup and handle pattern. AVAX intraday trading volume indicates a 38.7% plunge Avalanche sellers successfully reclaimes the 20-day EMA slope Trading volume skyrockets to 487 million Now, the pattern which can be spotted at the […]

Displaced ETH Miners Seek Refuge In Ethereum Classic, Ravencoin

Displaced ETH Miners Seek Refuge In Ethereum Classic, Ravencoin

The Ethereum Merge was an incredibly anticipated upgrade, with good reason. It not only drastically increased the number of transactions that the network could handle, but it also greatly diminished the energy consumption of the network. However, Ethereum miners have found themselves as collateral damage in the upgrade as there is no longer a need […]

Will Tron Tie-Up With Liquidity Provider Wintermute Boost TRX Price?

Will Tron Tie-Up With Liquidity Provider Wintermute Boost TRX Price?

Tron (TRX) has recently disclosed a collaboration with Wintermute to boost Tron’s DeFi ecosystem and more so, to enhance network accessibility and liquidity. TRX price up by 0.43% Tron spikes in terms of popularity and value amounting to $1.2 billion Network integration with Wintermute to improve liquidity, accessibility Not that Tron needs it desperately as […]

Ethereum Completes “The Merge”, But Why ETH Failed To React

Ethereum Completes “The Merge”, But Why ETH Failed To React

Ethereum has completed one of its most significant milestone with the successful completion of “The Merge”, the migration to a Proof-of-Stake (PoS) consensus. Market participants were expecting an aggressive price action during this event, but the results might be disappointing. And we finalized! Happy merge all. This is a big moment for the Ethereum ecosystem. […]

Binance Coin Struggles Below $290 Resistance, Where Would Price Go?

Binance Coin Struggles Below $290 Resistance, Where Would Price Go?

Binance Coin (BNB) struggles to hold support after flipping it into resistance against tether (USDT) as a bullish structure hits a rock. Despite showing a great bullish structure in recent weeks, the price of Binance Coin (BNB) has had a really quiet time as the market continues in a mist of mixed feelings regarding where […]

Crypto Exchange, Zonda, Expands To Denmark In A Bid To Boost Its User Base Across Europe

Crypto Exchange, Zonda, Expands To Denmark In A Bid To Boost Its User Base Across Europe

The largest crypto exchange in Eastern Europe, Zonda, announces its expansion to Denmark, enabling users to trade, buy and hold over 60+ crypto assets on the exchanges. One of the largest trading cryptocurrency platforms in Eastern and Central Europe, Zonda announced its expansion to Denmark, as it continues its vision of conquering the continent. The […]