Archives par catégorie: Business

XRP bulls appear to be facing one last test of conviction before the market’s next explosive phase, according to CryptoInsightUK’s video analysis released on 16 June. The British analyst argues that the token is sculpting an inverse head-and-shoulders formation whose right shoulder “still needs to form around the high-$1.80s” before any sustained rally can commence. […]

Bitcoin’s recent price activity has been characterized by sharp swings as global uncertainties persist, particularly following the escalation of tensions between Israel and Iran. After plunging by nearly 5% amid the rising geopolitical strain, Bitcoin managed to recover, bouncing back above $105,000 and currently trading around $106,800. The past 24 hours have been highlighted by […]

Here’s a list of the people who think a Solana ETF is incoming: everyone. And here’s a list of the people who think a $SOL ETF could send Solana – and Solaxy, a much-needed Solana Layer 2 – sky-high: also everyone. That’s right, Solana is gaining serious momentum. Cantor Fitzgerald’s analysts report that Solana-focused firms […]

According to Digital Ascension Group’s Managing Director Jake Claver, XRP could reach a price level that brings a dramatic shift in how value moves on its network. He argues that higher token prices make the system more efficient. Claver even lays out a bold target of $10,000 per XRP, and he says that can happen […]

Dogecoin’s Market-Value-to-Realised-Value (MVRV) Z-Score is printing just 0.28 – a level normally associated with capitulation, not euphoria. Yet the price of the ninth-largest cryptocurrency keeps carving a succession of higher highs and higher lows on the weekly chart, trading near $0.17 with a market capitalisation of roughly $26 billion in Monday’s late-New-York session. The juxtaposition […]

As Bitcoin (BTC) and the broader cryptocurrency market show tentative signs of recovery following the most recent correction, a crypto analyst has made a bold statement suggesting that the market may have already reached its peak.  BladeDeFi, in a recent post on X (formerly Twitter), warned followers that a significant downturn could be on the […]

Ethereum is already seeing a slowdown for the month of June, suggesting that it is sticking to established historical trends for the month. With half of the month already gone, the altcoin is likely to finish out the month in the same trend, and the previous cycle data warns of further price crashes. But how […]

On-chain data shows the exchange inflows related to the stablecoins USDT and USDC have seen a sharp plunge. Here’s what this could mean for Bitcoin and other cryptocurrencies. Stablecoin Exchange Inflows Have Dropped Below Yearly Average In a new post on X, CryptoQuant author Axel Adler Jr has discussed about the latest trend in the […]

Ethereum (ETH) is attempting to retest the local range highs following last week’s market shakeout. However, some analysts believe that the cryptocurrency will continue its sideways move for the coming weeks before its next big move. Ethereum Eyes Range High Resistance Last week, Ethereum attempted to reclaim the $2,800 barrier, hitting a three-month high of […]

The crypto market has been experiencing a rebound during today’s session with Ethereum showing strong momentum. The second largest crypto by market cap has been trending sideways displaying an increasing selling pressure on higher timeframes, but today ETH holders seem hopeful of further gains. At the time of writing, Ethereum is trading at around $2,600 […]

Cardano price started a fresh decline below the $0.680 zone. ADA is now consolidating and might struggle to stay above the $0.620 support. ADA price started a fresh decline below $0.70 and $0.680. The price is trading below $0.680 and the 100-hourly simple moving average. There is a key bullish trend line forming with support […]

Crypto asset investment products experienced another challenging week as capital outflows continued for a second consecutive period. According to the latest report from CoinShares, a total of $584 million exited crypto-focused investment vehicles, pushing the two-week cumulative outflows to $1.2 billion. This movement coincides with investor uncertainty surrounding the likelihood of interest rate cuts by […]

XRP price started a fresh increase above the $2.20 zone. The price is now correcting gains and might find bids near the $2.2150 zone. XRP price started a decent upward move above the $2.20 zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is a key bullish trend line […]

Ethereum (ETH) grabbed fresh attention on June 16 as futures open interest climbed to a yearly high of $36.56 billion. Prices bounced back above $2,600 and hovered near a key resistance level that has held for months. Traders piled into new positions, setting the stage for a big move in either direction. Futures Open Interest Hits Yearly […]

Ethereum price attempted a fresh increase above $2,600. ETH is now trimming gains and might struggle to stay above the $2,500 support. Ethereum started a fresh decline below the $2,600 level. The price is trading below $2,575 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,525 on […]

Bitwise Asset Management’s European research arm argues that the sharp sell-off that followed last week’s military escalation between Iran and Israel is likely to give way to a powerful relief rally in Bitcoin, echoing the cryptocurrency’s behaviour after earlier geopolitical shocks. In its 16 June weekly newsletter Bitwise Europe points to a “Chart of the […]

Bitcoin price started a fresh increase and tested the $108,800 zone. BTC is struggling to rise further and is correcting gains below $108,000. Bitcoin started a fresh increase above the $107,000 zone. The price is trading above $106,800 and the 100 hourly Simple moving average. There was a break below a bullish trend line with […]

An analyst has explained how Dogecoin might have to hold strong above this level, if the memecoin has to avoid a 30% price drop. Dogecoin Is Currently Trading Inside A Symmetrical Triangle In a new post on X, analyst Ali Martinez has shared a chart that shows where Dogecoin currently stands from a technical analysis […]

As Bitcoin (BTC) reels amidst escalating geopolitical tensions between Israel and Iran – dropping from $110,530 on June 9 to just above $106,900 today – concerns are mounting that BTC’s upward momentum may have stalled. However, on-chain data suggests that both Bitcoin whales and retail investors still anticipate further upside for the leading cryptocurrency. Bitcoin […]

A recent analysis by a crypto market expert has reignited interest in XRP’s potential utility, especially in the context of Ripple capturing a portion of SWIFT’s global transaction volume. According to the expert, if Ripple secures just 14% of SWIFT’s market share, the implications for XRP’s supply and potential could be significant. XRP’s Potential If […]