Archives par catégorie: Business

Bitcoin, the flagship cryptocurrency has remained below $40,000 over the past few days. The broader market correction has pushed altcoins to trade below their key support levels. Ethereum was priced below $3000 as the coin was rejected from the aforementioned price level. Bitcoin’s tough resistance stands at $40,000 as traders continue to exit the market […]

The Ethereum Merge is the most critical aspect of the ETH 2.0 upgrade, since it will convert from a proof-of-work to a proof-of-stake system. The move from proof-of-work to proof-of-stake consensus is the focus of the upgrade. The improvement, as previously reported, has been postponed until the end of 2022, with no specific deadline in […]

BlueWhale0073, an Ethereum investor, continues to invest in Shiba Inu, purchasing 219 billion meme tokens. The whale also made a purchase of 50 billion SHIB on 20th April. His most recent acquisition of the canine cryptocurrency is almost 5x bigger than the one made last week. WhaleStats has confirmed that an impressive amount of SHIB […]

Data from Glassnode reveals a crossover in the Bitcoin NVT price model has recently taken place, something that has historically been bullish for the crypto’s price. Bitcoin NVT Price 28-Day Curve Has Crossed Above The 90-Day As per the latest weekly report from Glassnode, the BTC NVT price model has observed a bullish formation recently. […]

Per a survey published by Bitstamp, the crypto space is on track to become a mainstream industry. The platform conducted a survey with over 28,000 participants, 5,400 senior institutional decision-makers, and 23 retail investors, across 23 global markets to try and take a pulse on the sector. Related Reading | Dogecoin (DOGE) Jumps 30% After Elon […]

Bitcoin has gradually been finding its way into every part of society and its use as an investment vehicle has been the biggest part of it. There has been some pushback when it comes to using the cryptocurrencies in investment vehicles dominated by traditional finance but even this is starting to wane. Evidence of this […]

By Joe Lallouz, Head of Coinbase Cloud Coinbase Cloud is pleased to announce support of liquid staking through a collaboration with the Acala Foundation, starting with KSM liquid staking on Karura. Liquid staking lets token holders stake their tokens while still putting them to work in DeFi — without being subject to unbonding periods. This offers token holders more […]

Cryptocurrency may be a hard-to-grasp concept for many, but as e-commerce develops, crypto may become the mainstream option for consumers. This makes an opportunity for businesses to come up with sustainable, user-friendly models to make widespread adoption easier. Over the last 3 years, the term “cryptocurrency” has lodged itself firmly in the minds of people, […]

With a bearish market, the canine-themed meme coin Dogecoin suffered a major decline in trading volume. Investor interest also dramatically waned starting December 2021. Further, there was a huge 66% slump in trading volume from January to March of 2021. Things got even worse in February when Russia invaded Ukraine.   Suggested Reading | Dogecoin (DOGE) […]

Trace Network has announced the launch of BUDDY, the first product from the project that enables the creation of real-looking avatars. The product is now live on Trace Network Labs and you can mint BUDDY on https://app.trace.network. The decentralized protocol set out to do something that has never been done before and that is to […]

It was a rough start to the week for legacy NFT project Bored Ape Yacht Club, as the project’s Instagram account was hacked – resulting in over $10M worth of NFTs exploited. Meanwhile, the NFL is celebrating the draft with a new collection. The Nightly Mint Latest Mint: NFL Draft NFTs This week is host […]

Dogecoin (DOGE) soared nearly 30% Tuesday after Elon Musk agreed to acquire Twitter Inc for $44 billion, multiple news outlets reported. The cryptocurrency featuring a Shiba Inu meme, which has long been a favorite of the centibillionaire, was up 22.14 percent to $0.162 as of 01:10 a.m. IST Tuesday, according to CoinMarketCap statistics. Twitter’s stock […]

Ethereum started a strong recovery from $2,800 against the US Dollar. ETH is back above $3,000 and eyes a major increase above the $3,035 resistance. Ethereum started a major recovery wave above $2,900 and $2,950. The price is now trading above $2,950 and the 100 hourly simple moving average. There was a break above a […]

Bitcoin extended decline and tested the $38,200 zone against the US Dollar. BTC started a major recovery wave and climbed above the $40,000 resistance. Bitcoin extended decline, but it remained stable above the $38,000 level. The price is now back above below $40,000 and the 100 hourly simple moving average. There was a break above […]

The crypto market has not been in the best of places recently and Cardano (ADA) has been feeling the heat especially hot lately. The digital asset which remains one of the popular and largest by market cap has had a hard run of it lately, pushing it further into the bear territory. As ADA continues […]

Via an official post, Cardano developer Input Output Global (IOG) confirmed the approval and implementation of a proposal to increase the network’s block size. Currently standing at 80 kilobytes (KB), the mainnet will see a 10% increase to 88 KB. Related Reading | Cardano (ADA) Is One Of The Worst Performing Crypto In Terms Of Profit […]

With the crypto market on a bearish trend, Dogecoin lost its spot as one of the top coins slipping to 14th rank on CoinMarketCap. However, it quickly rose back into 10th place after the news break today that Elon Musk is buying Twitter. DOGE was out of the top 10 cryptos for a long but […]

Charts show the Bitcoin price seems to be falling below the 600-day moving average, a sign that could be bearish for the crypto. Bitcoin Begins To Lose 600-Day MA Support Line As Price Crashes Below $39k Again As pointed out by an analyst in a CryptoQuant post, the price of the crypto is crossing below […]

Bitcoin had a bearish weekly close, as the price dipped further below $40,000. The benchmark crypto has experienced low volatility in the past week, but the market could see more action as the monthly close approaches. Related Reading | Bitcoin Struggles To Breach $40,000 Level, Down 4% In Last 24 Hours At the time of writing, […]

Crypto liquidations have been ramping up coming out of the weekend. The market had recorded a number of dips that saw more than $80 billion shaved off the crypto market. This had meant that bitcoin had declined to the $38,000 territory and had taken the rest of the market with it. However, contrary to expectations […]