Archives par catégorie: Business

TA: Bitcoin Lacks Momentum Above $38.5K, But Dips Likely To Be Limited

TA: Bitcoin Lacks Momentum Above $38.5K, But Dips Likely To Be Limited

Bitcoin extended increase above the $38,800 resistance zone against the US Dollar. BTC is now struggling near $39,200 and might correct a few points. Bitcoin started a fresh increase and was able to clear the $38,500 resistance zone. The price is now trading above $38,000 and the 100 hourly simple moving average. There is a […]

Bitcoin Market Dominance Hit Highest Since November 2021, No Alt Season in Sight

Bitcoin Market Dominance Hit Highest Since November 2021, No Alt Season in Sight

After reaching its biggest market capitalization dominance since November 2021 last week, Bitcoin is regaining market share from altcoins. The pioneer momentarily accounted for almost 42% of the global crypto market cap in late January, according to CoinMarketCap data. Bitcoin Dominate Alt coins Since its inception, Bitcoin has been the most popular cryptocurrency. Its domination […]

Solana’s Outlook Bullish Post Phantom’s Fundraising Round

Solana’s Outlook Bullish Post Phantom’s Fundraising Round

Solana was on rebound as the coin was seen trading above the $100 mark. At the time of writing, Solana was exchanging hands at $107.82. This token’s recovery came right after Phantom, Solana’s native wallet concluded a successful fundraising round. In recent times, as the cryptocurrency market experienced a major-sell off, Solana too hovered in […]

Bloody Altcoin January Shows Why Bitcoin Remains The Crypto Safe Haven

Bloody Altcoin January Shows Why Bitcoin Remains The Crypto Safe Haven

Bitcoin has outperformed all crypto Market Cap-Weighted Indexes in January as traders turn to less risky assets amidst fear over the Federal Reserve tightening, thus the king of digital assets claims its position as crypto’s safe heaven. Related Reading | Bitcoin Begins To Form A Bottom? Why $40K Is The Next Target  Bitcoin As a Crypto […]

Bitcoin Price Rises As El Salvador Rejects IMF Call To Ditch BTC

Bitcoin Price Rises As El Salvador Rejects IMF Call To Ditch BTC

Bitcoin started rising with the news El Salvador rejected the IMF request to drain BTC as a currency. In response, Bitcoin grew to a 14-day high price level, adding more than a quarter trillion US dollars into the crypto market. Price tendency follows the pathetic month for cryptocurrency since March 2020. At that time, Bitcoin […]

Bitcoin Volatility Drops To 15 Month Low; What This Could Mean

Bitcoin Volatility Drops To 15 Month Low; What This Could Mean

Is this the calm before the storm? Bitcoin volatility is seldom this steady. After a tumultuous downturn that had the whole market upside down, bitcoin’s fiat price is relatively flat. Everyone can breathe and rest, for a while at least. What does this mean and how long will it last, though? That’s what we’re here […]

Bitcoin Inflows Suggest Institutional Investors Are Moving Back Into The Market

Bitcoin Inflows Suggest Institutional Investors Are Moving Back Into The Market

Bitcoin and the crypto market at large had suffered outflows that coincided with the massive sell-offs that rocked the market. This contributed to the downtrend that saw bitcoin touch towards six-month lows while investors who had gotten into the market later suffered massive losses. This outflow trend is beginning to reverse so as bitcoin and […]

Unlucky Number 7: Ethereum Makes Seventh Milestone 50% Drawdown

Unlucky Number 7: Ethereum Makes Seventh Milestone 50% Drawdown

Ethereum rides ahead on the crypto market’s most recent trend to the upside. As of press time, ETH, BTC, and larger cryptocurrencies show signs of recovery with potential for continuation in the short term, if they manage to break above their resistance levels. Related Reading | Ethereum Price Surges 30% Over Last Week Lows, Addresses […]

Small-Time Ethereum Holders Hit New High As Sentiment Turn Positive

Small-Time Ethereum Holders Hit New High As Sentiment Turn Positive

The number of Ethereum small-time holders is on the rise. With each passing month, as more investors move into the market, ethereum has snatched some of the largest market shares. This is evidenced in the growth rate of the network, as well as the amount of ETH being held by investors on their balances. This […]

Goldman Sachs: Mainstream Adoption Won’t Boost Bitcoin Price

Goldman Sachs: Mainstream Adoption Won’t Boost Bitcoin Price

Goldman Sachs’s words have been interpreted as a sign that the cryptocurrency craze may be coming to an end. The analysts at this global banking powerhouse say they don’t see mainstream adoption boosting the crypto industry soon. Unfortunately, that means bad news for those who bought bitcoin or other crypto assets on hope chests full-force […]

Bitcoin Supply On Exchanges Hits New Multi-Year Low Of 13.27%

Bitcoin Supply On Exchanges Hits New Multi-Year Low Of 13.27%

On-chain data shows that the Bitcoin supply on exchanges has continued to go down despite the crash, and has now hit a multi-year low of 13.27%. Percentage of Bitcoin Supply On Exchanges Sinks To Multi-Year Low As per the latest weekly report from Glassnode, the percentage of the BTC supply on exchanges has now declined […]

Ethereum Price Surges 30% Over Last Week Lows, Addresses Holding Over 0.1 ETH Reach New ATH

Ethereum Price Surges 30% Over Last Week Lows, Addresses Holding Over 0.1 ETH Reach New ATH

Ethereum price has rallied to $2,800, which is the next significant important resistance level. Ethereum’s price has risen by 30 percent from hitting a low of $2,160 barely a week ago. Ethereum Price Targets $3k In the last five days, ETH has closed in the green, reaching the important resistance level of $2,805. (20-day moving […]

StarSharks Raises The Bar For GameFi Following $SSS Staking Launch

StarSharks Raises The Bar For GameFi Following $SSS Staking Launch

The StarSharks metaverse is taking the gaming and NFT industry by storm. It is a growing ecosystem that will span multiple games. Moreover, the recently launched $SSS staking solution and referral rewards provide more value to long-term token holders. The StarSharks Ecosystem Explained Gamification plays a crucial role in making NFTs and decentralized finance more […]

COTI Expands Staking Opportunities With Launch Of Its COTI Treasury

COTI Expands Staking Opportunities With Launch Of Its COTI Treasury

The COTI Treasury is finally up and running, giving community members with an appetite for greater risk more options to capitalize on their ecosystem investments. Described as an “algorithmic and decentralized $COTI pool”, the COTI Treasury will grow over time as it collects fees on all COTI ecosystem transactions, and users will have the opportunity […]

The Crypto Price Crash Is Not All That Bad, Here’s Why You Shouldn’t Mind The Bears

The Crypto Price Crash Is Not All That Bad, Here’s Why You Shouldn’t Mind The Bears

Cryptocurrency prices are plummeting. According to one estimate, crypto assets have lost around $1.35 trillion ($1.9 trillion) in value since November, with some crypto price crashing by as much as 80%. Many investors are in a tight spot. The good news is that world economy isn’t poorer. As a result, there won’t be much of […]

TA: Ethereum Rallies 10%: Why More Gains Seem Possible

TA: Ethereum Rallies 10%: Why More Gains Seem Possible

Ethereum started a steady increase above the $2,650 resistance against the US Dollar. ETH price could rise further if there is a clear move above the $2,800 level. Ethereum gained pace above the $2,600 and $2,650 resistance levels. The price is still trading above $2,650 and the 100 hourly simple moving average. There is a […]

TA: Bitcoin Near Crucial Juncture: Why BTC Could Surge Further

TA: Bitcoin Near Crucial Juncture: Why BTC Could Surge Further

Bitcoin is attempting an upside break above the $38,800 resistance zone against the US Dollar. BTC could rally further unless it fails to stay above $37,400. Bitcoin started a fresh increase and was able to clear the $38,000 resistance zone. The price is now trading above $37,500 and the 100 hourly simple moving average. There […]