Archives par catégorie: Business

Dogecoin Major Metrics Fire Bullish Signals, Can Price Cross $0.5

Dogecoin Major Metrics Fire Bullish Signals, Can Price Cross $0.5

Dogecoin has shown a remarkable recovery over the past five days after a significant downturn triggered by a broader market sell-off. During the first five days of August, the cryptocurrency experienced a sharp decline, plummeting by 38%, dropping from $0.1348 to a low of $0.0831. However, DOGE has demonstrated resilience in the face of these […]

Cronos Surprises With 12% Uptick – Can Investors Sustain The Rally?

Cronos Surprises With 12% Uptick – Can Investors Sustain The Rally?

Cronos is currently riding the bullish wave, seeing significant gains despite the momentum of the general market slowing down. According to Coingecko, the token is up more than 12% since last week, going against the grain of the general market momentum.  This week, Cronos has spurred investor interest as it creates momentum for its upcoming […]

Solana: Consolidation Phase Starts As Token Movement Plateaus

Solana: Consolidation Phase Starts As Token Movement Plateaus

After the market’s astonishing recovery, Solana (SOL) has entered another consolidation phase leading to lower volatility which gives the bulls much-needed rest after capturing huge gains. According to Coingecko, the token is down a measly 2% in the past 24 hours but is still in the green at the 30-day timeframe at over 9% gains. […]

Cardano Eyes $0.3389: Can Bulls Sustain ADA Above This Critical Level?

Cardano Eyes $0.3389: Can Bulls Sustain ADA Above This Critical Level?

Cardano (ADA) is approaching a critical juncture as it eyes a retest of the key $0.3389 support level. In recent trading sessions, ADA‘s price has previously risen above this level and is currently dropping for a second retest thereby raising concerns among investors and traders.   A successful defense of the $0.3389 support could signal a […]

Bitcoin Set For Critical Price Resistance Encounter – Analyst

Bitcoin Set For Critical Price Resistance Encounter – Analyst

The price of Bitcoin has continued to maintain an impressive recovery trajectory following an earlier dip in the week, which saw the asset trade below the $50,000 price mark. The crypto market leader was greatly affected by a widespread decline in the global financial markets, losing over 16% of its market value, due to fears […]

Ethereum Open Interest Drops 40% In August – What’s Happening?

Ethereum Open Interest Drops 40% In August – What’s Happening?

Several large-cap assets, including Bitcoin and Ethereum, struggled to make a mark in the past week, as the general market suffered a steep downturn in prices. According to various analyses, the market was negatively impacted by some recent macro developments in different countries. This significant decline has had a widespread effect on the market sentiment, […]

Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide

Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide

Although Bitcoin has seen a noticeable rebound following its negative price performance on the red Monday witnessed this week, the asset now appears to be at a critical juncture, according to prominent crypto analyst Benjamin Cowen. Cowen disclosed in a series of posts on X that Bitcoin faces what traders call a “death cross”—a technical chart […]

Crypto Scam? PolitiFi Token RTR Plummets 95% After Trump Family Denies Link

Crypto Scam? PolitiFi Token RTR Plummets 95% After Trump Family Denies Link

This week, a new PolitFi token made the headlines amid the crypto market recovery. Restore The Republic (RTR) caught the attention of investors after rumors of being linked to the Trump family surged. The Trump-themed token saw a massive surge after its launch. However, its price quickly plunged after the former US president’s camp denied […]

Grayscale Forecasts Bitcoin To Retest All-Time Highs By 2024 End If US Avoids Recession

Grayscale Forecasts Bitcoin To Retest All-Time Highs By 2024 End If US Avoids Recession

The Bitcoin market experienced a major downturn earlier this week attributed to concerns regarding the US economic outlook and increased volatility in the broader financial markets. Notably, Ethereum’s performance lagged, potentially influenced by heightened futures market activity and selling pressure from select large holders. Despite these challenges, asset manager and exchange-traded fund (ETF) issuer Grayscale […]

Bitcoin Makes Sharp Recovery, But Watch Out For Resistance At $64,000

Bitcoin Makes Sharp Recovery, But Watch Out For Resistance At $64,000

On-chain data shows that the Bitcoin short-term holder whales have a cost base above $64,000, which could be a potential resistance point for BTC. Bitcoin Is Not Far From Realized Price Of Short-Term Holder Whales After Rally As pointed out by an analyst in a CryptoQuant Quicktake post, the BTC price had slipped below the […]

Analyst Says Dogecoin Price Will Surge 2,500% To $2.55, Here’s When

Analyst Says Dogecoin Price Will Surge 2,500% To $2.55, Here’s When

Following its price surge in 2021, Dogecoin has become one of the most sought-after cryptocurrencies, with many expecting a repeat of this performance. Since then, the Dogecoin price has failed to surge, leaving investors wanting more. However, this period of poor performance may be drawing to a close as a crypto analyst expects a significant […]

Fantom Q2 Performance: Financial Metrics React To Sonic Blockchain Anticipation

Fantom Q2 Performance: Financial Metrics React To Sonic Blockchain Anticipation

The Fantom blockchain saw mixed performance in the second quarter (Q2) of the year, with key financial metrics cooling amid the broader cryptocurrency market downturn and the Fantom Foundation’s announcement to rebrand as Sonic Labs, according to a new report from data intelligence firm Messari. FTM Market Cap, Revenue, And Token Economics  After outperforming in […]

NBTC: THORChain Protocol Revenue Rises 100%, Why Is RUNE Struggling?

NBTC: THORChain Protocol Revenue Rises 100%, Why Is RUNE Struggling?

RUNE, the native token of the cross-chain decentralized exchange, THORChain, is under pressure. From the daily chart, the token is down nearly 60% from May highs and remains flat even as the broader crypto market recovers. Even as RUNE flatlines, there is confidence that prices may rally in the coming days primarily because of fundamental […]

Ethereum Vs. Solana: Legendary Trader Peter Brandt Reveals The ‘Clear Winner’

Ethereum Vs. Solana: Legendary Trader Peter Brandt Reveals The ‘Clear Winner’

A crypto analyst has reignited the debate between Ethereum (ETH) and Solana (SOL), evaluating which cryptocurrency was more superior. Considering recent market trends and performances of both altcoins, the analyst has finally identified a clear winner in the competition.  Solana Wins Battle Against Ethereum In a recent X (formerly Twitter) post, legendary crypto trader and […]

OKX Takes Action: Accounts Involving Tornado Cash To Be Banned

OKX Takes Action: Accounts Involving Tornado Cash To Be Banned

The cryptocurrency exchange OKX has announced a firm policy banning accounts linked to the questionable mixing service Tornado Cash in an attempt to prevent illicit activity and promote compliance with international laws. According to OKX CEO Star Xu, any account found to be exploited by Tornado Cash or other authorized firms like Garantex would be […]

Dogecoin Price Could Soar 900%: Analyst Predicts What Needs To Happen

Dogecoin Price Could Soar 900%: Analyst Predicts What Needs To Happen

Since reaching its yearly high of $0.2288 on March 28, the Dogecoin price has plummeted by over 54%. From its all-time high in May 2021, the DOGE price has declined by more than 85%. Despite this downturn, crypto analyst Cryptorphic (@Cryptorphic1) suggests that a bullish reversal may be on the horizon. Cryptorphic has conducted an […]

XRP or MPEPE: Which Crypto Will Bring More Life-Changing Profits

XRP or MPEPE: Which Crypto Will Bring More Life-Changing Profits

The cryptocurrency landscape is abuzz with excitement as investors weigh their options between Ripple (XRP) and the rapidly emerging Mpeppe (MPEPE) token. With both cryptos showing potential for substantial gains, the question on everyone’s mind is: which one will deliver life-changing profits? Ripple (XRP): A Legal Victory Sparks a Rally Ripple (XRP) has been a […]

XRP Has Surpassed Bitcoin, Ethereum, And Solana Combined In This Metric

XRP Has Surpassed Bitcoin, Ethereum, And Solana Combined In This Metric

The long-standing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has finally made significant progress in court, and the case may be nearing its end, with a surge for XRP. As expected, this development revitalized interest in XRP, Ripple’s native cryptocurrency, which in turn led to a noticeable surge in XRP’s […]