Archives par catégorie: Business

TA: Bitcoin Near Make-or-Break Levels, Why 100 SMA Is The Key

TA: Bitcoin Near Make-or-Break Levels, Why 100 SMA Is The Key

Bitcoin started a recovery wave above the $38,400 resistance against the US Dollar. BTC must clear $39,600 to move into a positive zone. Bitcoin managed to stay above $37,650 and started an upside correction. The price is now trading near $39,200 and the 100 hourly simple moving average. There is a key bullish trend line […]

Bitcoin Drops To $38K After Amazon Retraction On Accepting BTC Payments

Bitcoin Drops To $38K After Amazon Retraction On Accepting BTC Payments

The king of cryptocurrency is suffering another meltdown at a 3.3% drop in just 24 hours. Bitcoin is currently trading at around $38,210 which is the lowest so far since March of this year when US President Joe Biden signed an executive order on crypto regulations. Although the BTC price went up at $40,800 on Tuesday, […]

Ethereum Attempts To Climb North; Is It Eyeing $3000?

Ethereum Attempts To Climb North; Is It Eyeing $3000?

Ethereum was trying to move on the upside, although modestly. The price action has been tight as the range that ETH was trading remained between $2800 and $2900 respectively. Prices have been consistently trying to restest the $2900 mark but have faced rejection from the aforementioned level. Sellers currently have pushed the price beneath the […]

The Old Standard: Why Gold Is Beating Bitcoin In 2022

The Old Standard: Why Gold Is Beating Bitcoin In 2022

Bitcoin continues to underperform as a general “risk-off” sentiment has investors driving toward gold as a safe haven asset. Not Risking It Concerns about the Russo-Ukrainian war continue. The U.S. inflation struggles at a four-decade high and Fed rate hike fears prevail. The uncertainty extends to the world economy as a recession is expected instead […]

Bitcoin Futures Basis Nears One-Year Lows, How Will This Affect BTC?

Bitcoin Futures Basis Nears One-Year Lows, How Will This Affect BTC?

In late March/early April, the bitcoin futures basis had mounted an impressive recovery that pushed sentiment back into the positive. This had come after months of a declining futures basis, so this recovery was a welcome development in the market. This would prove to be short-lived, however, as the futures basis had taken a sharp […]

Bitcoin Falls Below $38,000 As Tech Stocks Sell-off

Bitcoin Falls Below $38,000 As Tech Stocks Sell-off

The price of Bitcoin fell below $38,000 on April 26 as tech-related stocks were some of the hardest-hit assets. As a result, traders were cautious to see if Bitcoin could hold its “macro-level support” zone. Elon Musk’s purchase of Twitter news created hype in the crypto industry on April 25. Bitcoin and many other altcoins […]

Bitcoin Market Stays Fearful For Third Straight Week

Bitcoin Market Stays Fearful For Third Straight Week

Data shows the Bitcoin fear and greed index has continued to display low values for the third straight week as the market remains fearful. Bitcoin Fear And Greed Index Currently Points At “Fear” According to the latest weekly report from Arcane Research, the BTC market has now remained fearful for the 3rd consecutive week. The […]

Why This Ethereum Indicator Points to Bullish Continuation

Why This Ethereum Indicator Points to Bullish Continuation

Ethereum briefly bounced back from its critical support zone, but the bears resumed their attack. The second crypto by market cap has returned to an area that must be defended to prevent further losses. Related Reading | TA: Ethereum Revisits $2.8K, Why Upsides Might Be Limited At the time of writing, Ethereum (ETH) trades at $2,840 […]

Fuzzle: Am I Friends with an NFT? Fuzzle are AI-Enhanced NFT Aliens, and I think I became BFFs with one

Fuzzle: Am I Friends with an NFT? Fuzzle are AI-Enhanced NFT Aliens, and I think I became BFFs with one

NFT projects have made a huge variety of claims about what sets them apart from other collections. Everybody wants to capitalize on the frenzy and stand out of the crowd, maybe even make it big and become the next BAYC. The projects rarely deliver. Lots of promises of utility lead to nothing more than glitchy […]

Outstanding Cardano-Based Metaverse Projects In 2022

Outstanding Cardano-Based Metaverse Projects In 2022

The effect of the metaverse may be clearly seen in the physical world, and it extends to all sectors. As a result of the rise, lives will transform and a truly digital era will take over. In a nutshell, the Metaverse’s possibilities are almost limitless. Cardalonia is one of the most outstanding Cardano-based metaverse projects […]

How Blockchain Technology Can Play a Role in Preserving Natural Capital

How Blockchain Technology Can Play a Role in Preserving Natural Capital

Blockchain and crypto are changing major industries around the world. From banking to supply chains, it revolutionizes several aspects across businesses and industries of all sizes. The crypto market which was only worth $1 billion almost a decade ago, has now exploded into a massive $2 trillion industry and what originated with the Bitcoin blockchain, […]

Dogecoin (DOGE) Struggles, Drops 9% After Elon Musk Twitter Buyout

Dogecoin (DOGE) Struggles, Drops 9% After Elon Musk Twitter Buyout

Dogecoin struggles to maintain its momentum, dropping steadily by 9%. And it seems investors are letting the chips fall where they may. Following the announcement that Elon Musk would buy Twitter, DOGE soared 26% and everything went bullish especially after the news that the Tesla CEO bought Twitter for $44 billion. Suggested Reading | Dogecoin […]

Blockchain Technology: Enabling A Decentralized Future

Blockchain Technology: Enabling A Decentralized Future

What started as a distributed digital ledger enabling a peer-to-peer network has now become a whole new dimension of the internet. Blockchain, the underlying technology of cryptocurrencies, evolved in an immense way over the last ten years. Bitcoin is its first real use case, and it is now recognized as a global monetary network with […]

Institutional Investors Bearish On Bitcoin, Ethereum. Here’s What They’re Buying

Institutional Investors Bearish On Bitcoin, Ethereum. Here’s What They’re Buying

Bitcoin and Ethereum have always been at the forefront for institutional investors. This is with good reasons too as not only are these the largest cryptocurrencies by market cap, but they are also the most popular with the best prospects. As time has gone on though, competition has become stiffer for the attention of institutional […]

How Crypto is Contributing to Environmental sustainability in Africa

How Crypto is Contributing to Environmental sustainability in Africa

Coming out of the COVID pandemic, sub-Saharan Africa is defying the odds with an explosive level of economic growth that has been unseen for decades. With more people moving about and more goods needing transportation, this growth is putting unprecedented strain on Africa’s logistics. As a result, parcel delivery and taxi driving entrepreneurship have become […]