Archives par catégorie: Business

TA: Bitcoin Price Could Rally Again If It Stays Above This Key Support

TA: Bitcoin Price Could Rally Again If It Stays Above This Key Support

Bitcoin started a downside correction from the $24,000 resistance against the US Dollar. BTC is finding bids near $22,500 and might start a fresh increase. Bitcoin started a downside correction and traded below the $23,000 level. The price is now trading above the $22,000 level and testing the 100 hourly simple moving average. There was […]

Dogecoin Retraced On Its Chart, Is There Chance Of An Uptrend?

Dogecoin Retraced On Its Chart, Is There Chance Of An Uptrend?

Dogecoin slightly receded on its chart after displaying bullish momentum. Today most of the market movers were seen in the red. Currently, DOGE has found support near the $0.06 region, a while back the meme-coin had traded a little above the $0.07 price mark. The technical analysis of the coin still points towards a chance […]

Coinbase does not list securities. End of story.

Coinbase does not list securities. End of story.

By Paul Grewal, Chief Legal Officer T;Dr: Coinbase does not list securities on its platform. Period. We have said it before, but given today’s events, it bears repeating. Earlier today, following a Department of Justice (DOJ) investigation into a former Coinbase employee’s misuse of confidential Coinbase information related to listing decisions, the Securities and Exchange Commission […]

Ethereum Prints Modest Losses, Consolidation Before Next Big Breakout?

Ethereum Prints Modest Losses, Consolidation Before Next Big Breakout?

The future of the second-largest cryptocurrency is hampered by the US dollar index’s recovery. On Thursday, the price of Ethereum (ETH) showed just slight decreases. Ethereum Consolidates On July 21, price movement in the cryptocurrency market as a whole was mostly muted as traders took a day to digest recent gains and book profits after […]

Funding Rates Return To Neutral Following Bitcoin Relief Rally

Funding Rates Return To Neutral Following Bitcoin Relief Rally

Bitcoin funding rates had seen a very negative month between mid-June and mid-July. The funding rates, which had previously remained muted, quickly declined below neutral and proceeded to spend the next one month on this level. However, there is a significant change as last week saw funding rates return to neutral. Funding Rate Recovers On […]

Bitcoin Miner Revenues Continue To Plunge, But Will The Rally Change This?

Bitcoin Miner Revenues Continue To Plunge, But Will The Rally Change This?

Bitcoin miner revenues have been plummeting ever since the price of BTC peaked back in November. This has put miners in a tight spot, causing a good number of them to sell their BTC holdings in order to keep financing their operations. The same was the case for last week, where miner revenues were once […]

The Crypto Securities Market is Waiting to be Unlocked. But First We Need Workable Rules.

The Crypto Securities Market is Waiting to be Unlocked. But First We Need Workable Rules.

TL;DR: Coinbase filed a petition asking the SEC to begin rulemaking on digital asset securities.The existing rules for securities just do not work for digital assets.Our petition calls on the SEC to develop a workable regulatory framework for digital asset securities guided by formal procedures and a public notice-and-comment process, rather than through arbitrary enforcement or […]

Rumors Of MicroStrategy Selling Bitcoin Grow With Tesla’s Disclosure

Rumors Of MicroStrategy Selling Bitcoin Grow With Tesla’s Disclosure

Bitcoin and the crypto market have been losing momentum in the last 24 hours after experiencing a relief rally. Yesterday, the Elon Musk-led car manufacturer Tesla announced that it sold 75% of its BTC holdings to convert them into fiat currency. Related Reading | Cardano (ADA), After 35% Spike, Locks On Next Target: $0.55 This has […]

EHOLD Group Acquires Argentinian Crypto Exchange C-Patex

EHOLD Group Acquires Argentinian Crypto Exchange C-Patex

Latin America is currently dominating the world regarding integrating cryptocurrency into daily life. In 2021, the value of the South American crypto market exploded from $68 million to an incredible $650 million, a ten-fold increase. Such significant growth has attracted the attention of major global blockchain companies to the region. Known for its successful cases […]

Polkadot (DOT) Gathers Steam, Sets Sight On $8.07 Resistance Level

Polkadot (DOT) Gathers Steam, Sets Sight On $8.07 Resistance Level

Polkadot (DOT) has seen a fairly consistent momentum as it currently trades at $7.92 and eyeing the next key resistance at $8.07. The DOT/USD pair predictably scores a strong upside or further gains that can go as high as $8.50. The DOT/USD pair has gained roughly 1.38% overnight which has increased the coin price to […]

How Blockchain MMORPG Cradles and its Time-Lapsing Virtual World Plans to Shake-Up Online Gaming

How Blockchain MMORPG Cradles and its Time-Lapsing Virtual World Plans to Shake-Up Online Gaming

Blockchain-based technologies, as expressed by cryptocurrencies and other forms of digital assets like non-fungible tokens (NFTs), are beginning to make their presence felt in many different industries. While appearing little different on the surface from other types of digital money, the excitement crypto and NFTs have generated centres around their enabling features in digital transactions, […]

Lateral Movement Of Uniswap, When Is There A Chance Of Correction?

Lateral Movement Of Uniswap, When Is There A Chance Of Correction?

Uniswap has displayed tight trading conditions for over the last 24 hours. The coin has been consolidating and it recorded minor losses over the last day. Although Uniswap performed well over the past week securing more than 30% gain, recently, the bulls seem to be resting. Recently UNI broke past the $6.00 mark and it […]

TA: Ethereum Dips From Highs, Why ETH Could Correct To $1,375

TA: Ethereum Dips From Highs, Why ETH Could Correct To $1,375

Ethereum started a downside correction from $1,630 against the US Dollar. ETH could extend losses if there is a clear move below the $1,480 support. Ethereum started a downside correction from the $1,630 resistance zone. The price is now trading below $1,500 and near the 100 hourly simple moving average. There is a key bullish […]

TA: Bitcoin Price Breaks $24K, Why BTC Could Rise Further To $25K

TA: Bitcoin Price Breaks $24K, Why BTC Could Rise Further To $25K

Bitcoin gained pace and cleared the $24,000 resistance against the US Dollar. BTC could rise further towards $25,000 if it stays above the $23,000 support. Bitcoin remained in a positive zone and climbed above the $24,000 resistance zone. The price is now trading above the $23,000 level and testing the 100 hourly simple moving average. […]

Ethereum Cruised Past $1500, Is There A Possibility To Retrace To $1200?

Ethereum Cruised Past $1500, Is There A Possibility To Retrace To $1200?

Ethereum has rallied considerably over the last week securing close to 53% appreciation. At the moment ETH has managed to break past an important resistance mark of $1500 and flipped it into a support level. The coin maintained a rally after it crossed the $1000 mark, chance of correction still remains on the horizon. Bullish […]