Archives par catégorie: Business

This Bitcoin Metric Is At A Crucial Junction, Will Bulls Find Victory?

This Bitcoin Metric Is At A Crucial Junction, Will Bulls Find Victory?

On-chain data shows a Bitcoin indicator is currently retesting a crucial level that could decide the direction the market takes from here. Bitcoin Short-Term Holder SOPR Has Plunged To A Value Of 1 As pointed out by an analyst in a CryptoQuant post, the short-term holders are currently selling at their break-even mark. The relevant […]

Bitcoin Bullish Structure Holds Firm: $31,000 Breakthrough Imminent?

Bitcoin Bullish Structure Holds Firm: $31,000 Breakthrough Imminent?

In the world of cryptocurrency, the market can be a confusing and volatile place. This is especially true for Bitcoin (BTC), which has seen its fair share of ups and downs in recent days. Jackis, a well-known analyst in the crypto community, has recently commented on the current state of the market, and his words […]

Lido DAO (LDO) Surges Nearly 20% In The Past 7 Days, Here’s Why

Lido DAO (LDO) Surges Nearly 20% In The Past 7 Days, Here’s Why

In the fast-paced world of cryptocurrencies, Lido DAO (LDO) has made significant waves in the past week, experiencing an impressive surge of nearly 20%. Though the surge comes at a time the global crypto market is not deep in a downtrend, Lido’s current rally can be attributed to two notable factors. Over the past seven […]

DeFi’s Rising Star: Why Rook DAO Is The Best-Performing Token Of 2023

DeFi’s Rising Star: Why Rook DAO Is The Best-Performing Token Of 2023

Rook DAO, a decentralized autonomous organization (DAO) operating in the decentralized finance (DeFi) space, made headlines recently as it executed a “rage quit” that resulted in a significant price surge for its native token, ROOK. The move saw the token’s value skyrocket by a staggering 475%, making it one of the best-performing DeFi tokens this […]

Top-Rated Bitcoin Slot Sites in 2023: A Comprehensive Guide

Top-Rated Bitcoin Slot Sites in 2023: A Comprehensive Guide

With the rise of crypto at online casinos, Bitcoin slots are becoming a go-to choice for players worldwide. In this comprehensive guide, we’ll explore the top-rated Bitcoin slot sites you need to sign-up for in 2023, as well as the best slot machines accepting Bitcoin. BC.GAME – Outstanding Casino Metaspins – Best Crypto Casino Betplay […]

Ledger Under Fire After Questions Arise Over Security Measures

Ledger Under Fire After Questions Arise Over Security Measures

Crypto’s flagship cold storage tool, Ledger, is taking heat from the crypto community this week following a Reddit post from a Ledger co-founder that suggested that external companies could have exposure to user seed phrases on an opt-in basis. The situation is far from ‘cut and dry’ and has led to substantial dialogue throughout crypto […]

Historical Crossover Suggests Ethereum (ETH) Top Is In

Historical Crossover Suggests Ethereum (ETH) Top Is In

On-chain data shows the Ethereum taker buy/sell ratio has formed a crossover recently that has historically signaled tops in the asset’s price. Ethereum Taker Buy/Sell Ratio 280-Day and 476-Day MAs Have Crossed Recently As pointed out by an analyst in a CryptoQuant post, the last time this crossover formed was back in May 2021, when […]

Why Litecoin Is The Most Undervalued Asset in Crypto

Why Litecoin Is The Most Undervalued Asset in Crypto

Litecoin momentum is potentially changing, network usage is skyrocketing, and the cryptocurrency’s halving is ahead. Yet the asset remains drastically undervalued relative to Bitcoin, Ethereum, and other factors. Here is a closer look at why Litecoin could be the most undervalued asset in crypto. LTC Vs BTC Vs ETH Compared Litecoin was once a top […]

Shiba Inu Event Raises The Bar With A 26,000% Surge In 24-Hour Burn Rate

Shiba Inu Event Raises The Bar With A 26,000% Surge In 24-Hour Burn Rate

Shiba Inu ‘burns’ dominate headlines in 2023 as more whale addresses participate in the event. Notably, the Shiba Inu community burnt a massive 3.03 billion SHIB tokens in 24 hours. Blaze token currently leads as the top burner on the network. This record burn occurred in two separate transactions. The burning mechanism aims to remove excess tokens […]

Breaking Above This Level Might Trigger A Bullish Momentum For Ethereum Price

Breaking Above This Level Might Trigger A Bullish Momentum For Ethereum Price

Ethereum managed to surpass the $1,800 price level initially, but it has been experiencing a period of consolidation recently. In the past 24 hours, there has not been much progress in the price movement. Similarly, the weekly chart shows that Ethereum has not made significant price advancements during this timeframe. The technical outlook for ETH […]

Japan Loses 30% Of Total Crypto Hacks In North Korea, Elliptic Reports

Japan Loses 30% Of Total Crypto Hacks In North Korea, Elliptic Reports

Japan has emerged with the highest losses worldwide from North Korean cyberattacks targeting crypto exchanges, as recent reports indicate that Japan’s financial institutions and individuals incurred approximately 30% of the total losses attributed to North Korean crypto hacking. The Japanese government has been particularly vocal about the need for enhanced cybersecurity measures to combat these […]

Power Play: Top 5 Cryptos Set To Ignite The Week With Decent Gains

Power Play: Top 5 Cryptos Set To Ignite The Week With Decent Gains

After a disastrous week, the digital currency market , including the top 5 cryptos, is ready for a recovery. According to CoinGecko, the crypto market’s total market cap increased by nearly 2% in the past 24 hours. Although the broader financial market is still closely monitoring the US debt ceiling crisis, Bitcoin and Ethereum’s recent […]

Ripple CTO Reveals Facts About Present XRP Burn Debate

Ripple CTO Reveals Facts About Present XRP Burn Debate

The Chief Technology Officer (CTO) of Ripple, David Schwartz, has provided valuable information about the ongoing debate surrounding the burning of XRP tokens. The debate about burning XRP tokens has been hot within the XRP community, and Schwartz’s insights shed light on the XRPL’s governance structure and the decentralized nature of the network. The discussion […]

The Aura Around PEPE Isn’t Good For The Market, Especially Bitcoin – Here’s Why

The Aura Around PEPE Isn’t Good For The Market, Especially Bitcoin – Here’s Why

Pepecoin (PEPE) has been exhibiting a surprising level of calm in its price movement lately. However, contrary to what many may assume, this could be a red flag for Bitcoin (BTC) and the entire cryptocurrency market. According to a Bloomberg report, when an asset experiences an extended period of calm, it can be a sign […]

BNY Mellon Embraces Long-Term Digital Asset Initiatives Across All Lines of Business

BNY Mellon Embraces Long-Term Digital Asset Initiatives Across All Lines of Business

In a dynamic move towards digital transformation, BNY Mellon, one of the oldest banks in the United States, is pushing forward with its initiatives focused on distributed ledger technology, tokenization, and digital cash. Roman Regelman, the CEO of securities services and digital, revealed in a recent interview that the bank has been prioritizing digital assets […]

Is This Latest Ledger Firmware Update A Disaster In The Making?

Is This Latest Ledger Firmware Update A Disaster In The Making?

Ledger, the hardware wallet provider, recently upgraded its firmware to version 2.2.1. They introduced an additional safety net called the “Ledger Recover” that the crypto community is vehemently rejecting. While upgrades are critical considering the fast-paced nature of cryptocurrencies, Ledger is now being criticized after offering an option for users to store their seed phrases online. […]

Optimism Layer-2 Is Upgrading: Is This What Bulls Want?

Optimism Layer-2 Is Upgrading: Is This What Bulls Want?

Optimism, one of the most popular Ethereum layer-2 platforms, will release the Bedrock upgrade on June 6, 2023. Optimism Upgrading Via Bedrock In Early June The layer-2 provider on Ethereum says the release is “highly anticipated” by the community and will introduce some changes that make the protocol even more scalable, reducing transaction fees. As it is, […]