Archives par catégorie: Business

Glassnode: Bitcoin $110,000 Target Holds, Breaking These Key Levels Crucial To Avoid Crash

Glassnode: Bitcoin $110,000 Target Holds, Breaking These Key Levels Crucial To Avoid Crash

Bitcoin (BTC) experienced a significant drop, reaching as low as $56,700 on Thursday. This price level has not been seen since May 1st, as Bitcoin faces several challenges, including US political uncertainties and the ongoing sell-off of BTC seized by the German government. These factors have contributed to a nearly 20% price correction for Bitcoin, […]

Bitcoin Completes 9th Test Of $60,000, Where Does Price Go From Here?

Bitcoin Completes 9th Test Of $60,000, Where Does Price Go From Here?

Bitcoin (BTC) has completed its ninth test of the $60,000 support level, hinting at a potential shift in the cryptocurrency’s trajectory. According to a crypto analyst, Bitcoin faces significant moves ahead and determining the direction of this momentum is crucial.   BTC Retests $60,000 Support For The 9th Time In an X (formerly Twitter) post published […]

Is Cardano the Next Big Winner? Analysts Predict Massive Surge as Bitcoin Wobbles

Is Cardano the Next Big Winner? Analysts Predict Massive Surge as Bitcoin Wobbles

Amidst recent fluctuations, analysts have focused on Cardano (ADA) due to its potential for a significant rally. Similarly, Bitcoin (BTC), the market leader, has shown patterns that traders must understand as they navigate the current market conditions. Is Cardano (ADA) On The Brink of a Parabolic Rise? Cardano, often lauded for its technological foundation, has […]

Why Did Bitcoin Plunge Under $58,000? On-Chain Data Says This

Why Did Bitcoin Plunge Under $58,000? On-Chain Data Says This

Bitcoin has observed a crash below the $58,000 level today. Here’s what could be a potential cause for it, according to on-chain data. Bitcoin Long-Term Holders Have Just Taken Large Profits As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin long-term holders harvested a large amount of profits during the latest […]

Worldcoin Sentiment Improves, But March Highs Remain A Distant Dream

Worldcoin Sentiment Improves, But March Highs Remain A Distant Dream

Worldcoin (WLD) has been on a rollercoaster ride the past few months. After hitting an all-time high of nearly $12 in March, the coin embarked on a downward spiral, plummeting over 60% in the last three months. This dramatic drop has made investors jittery, with whispers of regulatory woes and profit-taking swirling around the beleaguered […]

Bitcoin Closes CME Gap, Expert Predicts What Happens Next

Bitcoin Closes CME Gap, Expert Predicts What Happens Next

Crypto expert Michael van de Poppe has highlighted an important indicator which suggests that Bitcoin could make a crucial bounce from its current price level. This follows the flagship crypto’s recent decline below $60,000.  BTC’s CME Gap Has Closed Van de Poppe revealed in an X (formerly Twitter) post that Bitcoin’s CME gap has closed […]

Bitcoin Alert: Mt. Gox Starts Repayments With Small Exchange Transfer

Bitcoin Alert: Mt. Gox Starts Repayments With Small Exchange Transfer

According to data from Arkham Intel, Mt. Gox has initiated the process of repaying creditors by transferring a nominal amount of Bitcoin to one of the designated exchanges. This development follows months of speculation and planning concerning the disbursement of approximately $8.2 billion in Bitcoin owed to creditors of the defunct exchange. Are Mt. Gox […]

Solana Meme Coins Outperform Ethereum 800% YTD – Top Winners Revealed

Solana Meme Coins Outperform Ethereum 800% YTD – Top Winners Revealed

In the first quarter of the year, Solana-based meme coins have emerged as the frontrunners, surpassing Ethereum’s meme coin ecosystem and artificial intelligence (AI) tokens, according to a recent report by market data platform CoinMarketCap.  This shift in popularity signifies a change in dynamics within the cryptocurrency market, with meme coins gaining traction and challenging […]

Crypto Market In Panic As Bitcoin Crash To $57,000 Sends 105,000 Traders To The Slaughter

Crypto Market In Panic As Bitcoin Crash To $57,000 Sends 105,000 Traders To The Slaughter

The crypto market is in a state of panic with a market-wide crash that has shaken Bitcoin and altcoins. With the Bitcoin price continuing to fall from support after support, tens of thousands of traders have lost their positions, leading to hundreds of millions of dollars in losses in just the last day alone. Crypto […]

Bitcoin To Bounce Back? Analyst Predicts $90,000 After $58K Drop

Bitcoin To Bounce Back? Analyst Predicts $90,000 After $58K Drop

The recent dip in Bitcoin (BTC) might be a temporary hiccup, according to Lark Davis, a popular crypto analyst. Davis is calling for a significant upswing in Bitcoin’s value in the coming weeks, with a target of $90,000 by year’s end. This optimistic outlook comes amidst a wave of optimism surrounding institutional investment and the […]

Ethereum Faces Sharp Decline As ETH Targets $3,051 Support Level

Ethereum Faces Sharp Decline As ETH Targets $3,051 Support Level

Ethereum (ETH) is experiencing a significant downturn, with its price rapidly approaching the crucial support level of $3,051. This sharp decline highlights increased selling pressure and growing bearish sentiment in the market.  As Ethereum nears this critical threshold, traders are closely monitoring its behavior for signs of either a stabilization or a further drop. The […]

Bitcoin Examined: These Critical Points Are ‘Very Bad’ For BTC, Analyst Says

Bitcoin Examined: These Critical Points Are ‘Very Bad’ For BTC, Analyst Says

Popular crypto analyst Crypto Rover is navigating the choppy waters of the Bitcoin market, offering a measured analysis tinged with cautious optimism. In a recent YouTube video, Rover dissected the recent price action, highlighting both bearish indicators and potential bullish triggers that could send Bitcoin soaring. Bitcoin Tests Crucial Support, Buy Orders Set The immediate […]

Bitcoin Price Could Massively Crash Like In May 2021, Warns Fund Manager

Bitcoin Price Could Massively Crash Like In May 2021, Warns Fund Manager

Bitcoin’s price has fallen below the critical support level of $60,000, reaching a low of $57,914. Since Tuesday, Bitcoin has experienced a further 7% decline, reinforcing the ongoing downward trend. Currently, market sentiment is shifting markedly towards the bearish side. Is A May 2021-Style Bitcoin Crash Looming? Andrew Kang, co-founder of Mechanism Capital, has raised […]

Gala Games Announces Partnership With Animoca Brands, GALA Token Plunges 6.7%

Gala Games Announces Partnership With Animoca Brands, GALA Token Plunges 6.7%

Web3 and blockchain gaming firm Gala Games partnered with Animoca Brands to boost its native token. The companies joined forces to develop the altcoin and enhance users’ experience. Nonetheless, GALA has faced a 6.7% price decline following the news. Gala Games To Boost User Experience On Wednesday, Gala Games announced its partnership with Hong Kong-based […]

Crypto Carnage: Nearly $200 Million Liquidated as Bitcoin Slips Below $61,000

Crypto Carnage: Nearly $200 Million Liquidated as Bitcoin Slips Below $61,000

In a turbulent 24-hour trading session, the cryptocurrency market saw nearly $200 million wiped out in liquidations as Bitcoin price dropped below $61,000. This sharp decline triggered a wave of liquidations, affecting many investors and traders. Market Meltdown And Crypto Liquidation The total market valuation has plunged by approximately 2.7% to around $2.34 trillion, underscoring […]

Bitcoin Price Crash Is Buy Opportunity As Wallets Holding 10+ BTC Reaches New ATH

Bitcoin Price Crash Is Buy Opportunity As Wallets Holding 10+ BTC Reaches New ATH

Bitcoin continues to be incredibly bearish amid negative market headwinds but that has not stopped investors from taking their positions during this time. These large investors who are holding more than $600,000 worth of Bitcoin have been accumulating BTC at an accelerated rate over the last six months. Bitcoin Holders Increase Wallet Holdings On-chain data […]

Ethereum Set to Eclipse Bitcoin: ETFs Could Catapult ETH to New Heights — K33 Research

Ethereum Set to Eclipse Bitcoin: ETFs Could Catapult ETH to New Heights — K33 Research

As the global financial markets prepare to launch U.S.-based spot Ethereum exchange-traded funds (ETFs), Ethereum is positioned to potentially outperform Bitcoin, according to a new analysis by K33 Research. This comes amid concerns that Bitcoin might face downward pressure due to upcoming repayments to creditors of the defunct Mt. Gox exchange. ETF Launch to Begin […]

XRP Price Ready for Bullish Spike: Fading Bearish Momentum and Solid Support

XRP Price Ready for Bullish Spike: Fading Bearish Momentum and Solid Support

XRP price extended losses and tested the $0.4440 support zone. The price is correcting losses sharply and might soon retest the $0.4720 resistance. XRP price is correcting losses from the $0.4440 support zone. The price is now trading below $0.4650 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend […]

Bitcoin Price Takes a 5% Hit: Can Bulls Save The Week?

Bitcoin Price Takes a 5% Hit: Can Bulls Save The Week?

Bitcoin price failed to start a fresh increase above the $62,850 resistance zone. BTC started another decline and tumbled 5% to test $58,000. Bitcoin started a fresh decline and traded below the $60,000 zone. The price is trading below $61,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming […]