Archives par catégorie: Business

Social Media Screams “Sell” As Bitcoin Crashes To $54,000: Buy Signal?

Social Media Screams “Sell” As Bitcoin Crashes To $54,000: Buy Signal?

Data shows users on social media platforms have been calling to sell Bitcoin after its latest crash, a signal that contrarian traders may be waiting for. Bitcoin Sentiment On Social Media Has Turned Quite Bearish According to data from the analytics firm Santiment, social media is showing historic levels of FUD amid the market drawdown. […]

Shiba Inu Sees Sharp 100% Decline In Whale Activity, Is This Good Or Bad For Price?

Shiba Inu Sees Sharp 100% Decline In Whale Activity, Is This Good Or Bad For Price?

On-chain data shows that Shiba Inu (SHIB) has witnessed a massive decline in whale activity. This is significant for the meme coin’s ecosystem, considering the impact these investors usually have on Shiba Inu’s price.  Shiba Inu’s Whale Activity Declines By Over 100% Data from the market intelligence platform IntoTheBlock shows that Shiba Inu’s whale activity […]

XRP Holds Bullish 2014-2017 Pattern Unless This Happens: Analyst

XRP Holds Bullish 2014-2017 Pattern Unless This Happens: Analyst

In a tumultuous day for cryptocurrencies, the price of XRP plummeted to a low of $0.38249 on Bitstamp, reflecting a broader downtrend affecting the altcoin market. With a notable 12.4% decrease in the last 24 hours, XRP is facing crucial support. Despite this substantial decline, Dark Defender (@DefendDark), a noted crypto analyst on X, continues […]

Is This Bad For Solana? $180 Million Transfer Raises Eyebrows

Is This Bad For Solana? $180 Million Transfer Raises Eyebrows

With almost $180 million in SOL tokens moved to cryptocurrency exchange Coinbase, Solana, the fast-moving blockchain network, has become entangled in whale activity. Investors feel chilly from this large fund movement, which begs the question of where the price of the currency will go in the future. Whales Making Waves The transfers, identified by blockchain […]

This Dormant Bitcoin Wallet Holding $6.8 Million BTC Just Reactivated, Are They Selling?

This Dormant Bitcoin Wallet Holding $6.8 Million BTC Just Reactivated, Are They Selling?

Bitcoin has recently been plagued with massive selling pressure, with different entities looking to offload their holdings. This time, on-chain data shows a dormant Bitcoin wallet that transferred over $6.8 million in Bitcoin, suggesting that this whale may also be looking to sell their tokens.  Dormant Bitcoin Wallet Transfers Funds For First Time In 12 […]

Dogecoin Decimated: $5 Million Liquidation Sparks 14% Price Plunge

Dogecoin Decimated: $5 Million Liquidation Sparks 14% Price Plunge

Dogecoin (DOGE) is getting battered by the recent crypto market downturn. The meme-based cryptocurrency took a significant hit this Thursday, dropping 14% in value in the last 24 hours. Long Positions Liquidated According to Coinglass, a crypto derivatives data platform, DOGE saw a whopping $4.8 million in long positions liquidated. This signifies that investors who […]

BNB Drops Below $500, Extended Bearish Trend On The Horizon?

BNB Drops Below $500, Extended Bearish Trend On The Horizon?

BNB has recently fallen below the critical $500 support mark, signaling the continuation of a bearish trend. This decline reflects increased selling pressure and growing bearish sentiment within the cryptocurrency market.  As BNB slips under this significant threshold, analysts and traders are closely watching for further downward movement, potentially targeting lower support levels. The breach […]

Polkadot Under Fire: 20% Price Drop Follows $87 Million Spending Outrage

Polkadot Under Fire: 20% Price Drop Follows $87 Million Spending Outrage

The winds of change are swirling around Polkadot (DOT). After a month-long slump that mirrored a broader cryptocurrency market downturn, DOT finds itself at a critical juncture. Technical indicators hint at a bullish reversal, with some analysts predicting a significant price surge for the interoperable blockchain darling. However, a recent spending spree by the Polkadot […]

German Parliament Member Urges Government To Cease Selling Bitcoin

German Parliament Member Urges Government To Cease Selling Bitcoin

Joana Cotar, an independent member of the Bundestag, one of Germany’s legislative chambers, has called on the government to stop the ongoing Bitcoin (BTC) sell-off, which has had a notable impact on the BTC market, resulting in a 10% drop in the cryptocurrency’s price over the past two weeks.  Bitcoin As Valuable Asset Class For […]

Bitcoin Nears Bottom? QCP Analysts Spot Signs of Capitulation as Prices Tumble Below $59K

Bitcoin Nears Bottom? QCP Analysts Spot Signs of Capitulation as Prices Tumble Below $59K

Recent trading patterns have led QCP Capital, a prominent trading firm, to highlight potential signs of a market bottom in the crypto market. Bitcoin, the leading digital currency, recently dipped below $58,000, causing analysts to focus on the behavior of miners and their possible capitulation. Such capitulation could indicate a market bottom, similar to past […]

BNB Price Plummets Below $500: Bears Eye $420 With 20% Decline

BNB Price Plummets Below $500: Bears Eye $420 With 20% Decline

BNB price started a major decline and dived below the $500 support. The price is now gaining bearish momentum and might even test $420. BNB price started a major decline below the $550 support zone. The price is now trading below $500 and the 100-hourly simple moving average. There is a connecting bearish trend line […]

Analyst Predicts Ethereum Nosedive, Cautions Investors To Prepare For $2,700 Target

Analyst Predicts Ethereum Nosedive, Cautions Investors To Prepare For $2,700 Target

Amid the ongoing bloodbath in the cryptocurrency market, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has not been spared. Over the past week, ETH has experienced a significant 9% price decline, bringing it down to the $3,130 level.  As market participants closely monitor the situation, the focus now lies on crucial levels that must […]

XRP Price Crashes 15%, Slips Under $0.40: Difficult Recovery Ahead

XRP Price Crashes 15%, Slips Under $0.40: Difficult Recovery Ahead

XRP price tumbled and dived below the $0.400 support zone. The price is consolidating losses and might struggle to recover above the $0.4150 resistance. XRP price gained bearish momentum below the $0.4240 support zone. The price is now trading below $0.4250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

Bitcoin Plunging: Is This The Best Time To Buy BTC?

Bitcoin Plunging: Is This The Best Time To Buy BTC?

Bitcoin is fast selling off. At spot rates, the world’s most valuable coin dropped by over 5% on the last day of trading and continues to spiral lower, easily breaking $60,000. The psychological round number has been level to watch out for over the previous few days, especially following gains over the weekend. Bitcoin Is […]

Bitcoin Price Turns Red: Risk of More Losses as $55K Test Looms

Bitcoin Price Turns Red: Risk of More Losses as $55K Test Looms

Bitcoin price failed to start a recovery wave above the $61,500 resistance zone. BTC started another decline and might dive toward $55,000. Bitcoin started a fresh decline and traded below the $58,500 zone. The price is trading below $60,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with […]

Bitcoin Traders Sink Into ‘Fear’ As Price Crashes Below $58,000

Bitcoin Traders Sink Into ‘Fear’ As Price Crashes Below $58,000

Data shows that Bitcoin traders’ sentiment has declined into ‘fear’ after the price crash the cryptocurrency has seen during the past 24 hours. Bitcoin Fear & Greed Index Is Now Suggesting A Fearful Market The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment currently held by […]

Ethereum Dives Below $3K: What’s Next For The Crypto?

Ethereum Dives Below $3K: What’s Next For The Crypto?

Ethereum price remained in a bearish zone below $3,250 zone. ETH dived below the $3,000 support and even tested the $2,850 zone. Ethereum started a fresh decline below the $3,120 and $3,000 levels. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance […]

Cardano (ADA) Founder Claps Back At ‘Dead Coin’ Comments, Issues Reminder To The Community

Cardano (ADA) Founder Claps Back At ‘Dead Coin’ Comments, Issues Reminder To The Community

Cardano Founder Charles Hoskinson responded to Ben Armstrong’s comments about ADA status as a ‘dead coin’. Hoskinson’s reply sparked a conversation about the state of the crypto industry and what’s valued in projects. Cardano And Polkadot Labeled ‘Dead Coins’ On Wednesday, crypto influencer Ben Armstrong, known as BitBoy Crypto, shared his thoughts on Cardano (ADA) […]