Archives par catégorie: Business

Fed’s Moves To Fight Inflation Unfavorable For BTC Traders In Short-Term

Fed’s Moves To Fight Inflation Unfavorable For BTC Traders In Short-Term

The raging inflation and the Federal Reserve’s approach to fighting it have seemingly affected the crypto market negatively. The first sell-off trend started when the Feds announced an interest rate hike in July 2022. Even though the Terra Luna crash worsened the situation, the market was already on the brink of collapse. Many people panicked […]

Investor Indifference Follows Bitcoin’s Break Above $20,000

Investor Indifference Follows Bitcoin’s Break Above $20,000

Bitcoin has been seeing a lackluster performance in the last couple of weeks, and crypto investors have responded in kind to this. After a couple of weeks of tethering above $20,000, the digital asset’s price had finally fallen below this important technical point, triggering outflows in the market. For the past week, institutional investors have […]

Decentralization, privacy, and a credibly neutral Ethereum

Decentralization, privacy, and a credibly neutral Ethereum

Tl;dr: The following post recaps this episode of Coinbase’s Around The Block podcast in which Viktor Bunin hosts Coinbase CEO Brian Armstrong and Ethereum co-founder Vitalik Buterin discuss decentralization, privacy, and a credibly neutral Ethereum. By Viktor Bunin, Senior Protocol Specialist at Coinbase Cloud After 7 years of research and development, the Merge is just around […]

How A Solana-Based DEX Bricked Itself, Locking $500K+ In Funds

How A Solana-Based DEX Bricked Itself, Locking $500K+ In Funds

It’s not easy being a dev. In recent days, a young Solana-based DEX, OptiFi, faced an unexpected downfall after a simple coding error. The platform released an announcement that their mainnet program is now unrecoverable yesterday. The move has resulted in an unexpected shutdown for the DEX. Let’s review what we know from the announcement […]

Ethereum Bulls And Bears At Crossed Road – Is $1,000 The Next Target?

Ethereum Bulls And Bears At Crossed Road – Is $1,000 The Next Target?

Ethereum  price got rejected from $2,000 despite showing strong bullish signs against Tether (USDT) ahead of “The Merge.” The price of Ethereum has struggled to regain its bullish momentum as this has created a mixed feeling between Ethereum bulls and bears. (Data from Binance) Price Analysis Of ETH On The Four-Hourly (4H) Chart Four Hourly […]

Data Shows: Traders Unconvinced Of Crypto Bounces, Will Shorts See Pain?

Data Shows: Traders Unconvinced Of Crypto Bounces, Will Shorts See Pain?

After briefly re-testing higher levels, Bitcoin and the crypto market retraced and gave back the gains obtained over yesterday’s trading session. The general sentiment in the market has been negative, with a large majority of participants expecting further losses. At the time of writing, the price of Bitcoin trades at $19,600 with 3% and 8% […]

Bitcoin aSOPR Rebounds From “1” As Weakness Remains In Market

Bitcoin aSOPR Rebounds From “1” As Weakness Remains In Market

Data shows the Bitcoin aSOPR has recently been rejected from the neutral level as weakness continues to clutch the market. Bitcoin aSOPR Rebounds From The “1” Mark As Investors Sell The Rally As per the latest weekly report from Glassnode, the “get my money back” effect strikes the crypto once again as weakness continues in […]

Luxury Life For Crypto – Puerto Rico Opens the Door to Bitcoin Real Estate Buying

Luxury Life For Crypto – Puerto Rico Opens the Door to Bitcoin Real Estate Buying

An avid Bitcoin enthusiast and property entrepreneur is selling his beautiful luxury 2-story property in the “Hidden Valley” of Guaynabo, Puerto Rico. The property is situated amidst a picturesque landscape with the convenience of the center of San Juan metro within several minutes drive. This eye-catching property is located in an idyllic valley, home to […]

Why Is Shiba Inu’s $BONE On The Rise And Is It Time To Get In?

Why Is Shiba Inu’s $BONE On The Rise And Is It Time To Get In?

Meme coin Shiba Inu has been able to properly leverage its popularity and build out another token, BONE, that is catching the eye of investors. $BONE is the native token of the Shiba Inu decentralized exchange, ShibSwap. Now, like any decentralized exchange, putting the native token to work by using it for swaps gives it […]

WATCH: Bitcoin Versus DXY And The Dangerous TD9 Setup | Daily TA August 30, 2022

WATCH: Bitcoin Versus DXY And The Dangerous TD9 Setup | Daily TA August 30, 2022

In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at the Bitcoin price monthly chart and the DXY Dollar Currency Index ahead of the monthly close. Take a look at the video below. VIDEO: Bitcoin Price Analysis (BTCUSD): August 30, 2022 We are coming down to the wire here in the month […]

Raydium Springs Up From Underwater, Could This Be A Ray Of Hope?

Raydium Springs Up From Underwater, Could This Be A Ray Of Hope?

The price of Raydium (RAY) drops to $0.7 against Tether (USDT) from its all-time high of $15 as it eyes to bounce from its low. Despite the relief bounce across most crypto assets, the price of Raydium (RAY) has continued to remain dormant at its all-time low. (Data from Binance) Raydium (RAY) Price Analysis On The Weekly […]

Myria to Offer Myriad L2 Solutions in The Blockchain Gaming Space

Myria to Offer Myriad L2 Solutions in The Blockchain Gaming Space

Web3-gaming platform Myria has announced the launch of its Layer-2 scaling solution on the Ethereum network. Myria’s Layer-2 solution uses StarkWare’s Zero-Knowledge Rollups (or ZK-Rollups, for short), which bundles many transactions into one before executing on the Ethereum blockchain. As a result, Myria claims it can offer 9,000 transactions per second, which is significantly more […]

How L2 Networks Are Changing The World of NFTs

How L2 Networks Are Changing The World of NFTs

The past few years have seen NFTs explode onto the blockchain scene, progressing from a relatively unknown technology to one that’s been papered across the front pages of seemingly every crypto publication. Alongside the increase in both understanding and trading in NFTs, the global market has continued to rise, predicted to reach an incredible $122.43 […]

Ethereum Trading Volume At Its Most Sluggish, ETH Price Struggles Below $1,600

Ethereum Trading Volume At Its Most Sluggish, ETH Price Struggles Below $1,600

Ethereum is feeling the pressure this early, with trading volume at the receiving end and impacting the price of ETH. A major event in the crypto industry, The Merge is eagerly anticipated by many. By combining with the Beacon Chain, Ethereum will implement a system based on proof-of-stake. This system will significantly reduce Ether’s energy […]

Litecoin (LTC) Performs Better Than Bitcoin In Last 24 Hours – Upward Motion In The Coming Days?

Litecoin (LTC) Performs Better Than Bitcoin In Last 24 Hours – Upward Motion In The Coming Days?

Litecoin (LTC) has been having a rough time pumping its value since 2022’s big market meltdown. The majority of cryptocurrencies likewise was experiencing the same misery. Since last month, however, the (bear) market has shown indications of resurgence (well, depending on which cryptocurrency article you are reading), allowing LTC to reach $63 by the middle […]

TA: Ethereum Just Reversed and $1,600 is Imminent, Here’s Why

TA: Ethereum Just Reversed and $1,600 is Imminent, Here’s Why

Ethereum started a strong recovery from the $1,425 zone against the US Dollar. ETH is back above $1,500 and might rise further towards the $1,600 resistance. Ethereum remained well supported above the $1,425 zone. The price is now trading above $1,500 and the 100 hourly simple moving average. There was a break above a key […]

TA: Bitcoin Price Reclaims $20K, Why 100 SMA Is The Key To More Upsides

TA: Bitcoin Price Reclaims $20K, Why 100 SMA Is The Key To More Upsides

Bitcoin started a recovery wave above the $20,000 resistance against the US Dollar. BTC is now facing a strong resistance near the 100 hourly SMA. Bitcoin started a minor upside correction and climbed above the $20,000 resistance. The price is now trading below the $20,500 level and the 100 hourly simple moving average. There was […]

New Report Says Bitcoin Daily Trading Volumes Are Fake, So What’s The Real Number?

New Report Says Bitcoin Daily Trading Volumes Are Fake, So What’s The Real Number?

Bitcoin trading volumes have always surpassed expectations in the past. Last week, celebrations filled the community as the digital asset had reportedly seen more than $1 trillion transacted on the network so far. However, a new report claims that the trading volumes reported by exchanges may be inflated. The main number, they predict, to be […]

Blue Chip NFTs 101 – With Mint Impending, Is y00ts A Blue Chip Lock?

Blue Chip NFTs 101 – With Mint Impending, Is y00ts A Blue Chip Lock?

Our Blue Chip NFTs 101 series is now approaching six months in the making, and we’ve taken healthy deep dives into some of the biggest NFT projects in the market; while everyone has heard of Bored Apes and CryptoPunks, we’ve taken the time to provide hefty due diligence around other major blue chip projects like […]