Archives par catégorie: Business

Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000 – Here’s Why

Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000 – Here’s Why

The Bitcoin price performance over the past week failed to bring glory to the crypto market, as the leading cryptocurrency struggled once again. This trend was mirrored across almost all large-cap assets, many of which experienced significant losses. Unfortunately, recent price action data suggests that the Bitcoin price is not safe yet, as there is […]

Tron’s USDT Triumphs: Daily Volume Climbs Above $53 Billion, Dwarfing Visa

Tron’s USDT Triumphs: Daily Volume Climbs Above $53 Billion, Dwarfing Visa

USDT, Tether’s digital token pegged to traditional currencies, is leading a quiet revolution in the world of finance. In a landmark development, USDT has surpassed Visa’s average daily transaction volume on the Tron blockchain, underscoring its position as the undisputed leader in the stablecoin space. This surge signifies a growing confidence in stablecoins and their […]

Solana Records New Monthly User High Amidst Persistent Price Drop

Solana Records New Monthly User High Amidst Persistent Price Drop

Solana (SOL) has had a turbulent time lately evident with a consistent decline in its market price. According to data from CoinMarketCap, the “Ethereum Killer” is down by 6.36% on its weekly chart, emerging as the biggest loser among the top 10 tokens.  Interestingly, this price dip depicts the larger negative performance of SOL in […]

Shiba Inu Whale Withdraws 2.2 Billion SHIB From Robinhood, Should You Follow The Whales?

Shiba Inu Whale Withdraws 2.2 Billion SHIB From Robinhood, Should You Follow The Whales?

Shiba Inu whales are on the move again, sparking speculations on what they expect from the meme coin. One whale, in particular, has caught the attention of the SHIB community following a massive withdrawal from the popular crypto and stock trading exchange Robinhood. Whale Pulls Out Almost $40 Million From Robinhood The Shiba Inu whale […]

Is Bitcoin’s Rally Over? New Insights from CryptoQuant Predict a Market Downturn

Is Bitcoin’s Rally Over? New Insights from CryptoQuant Predict a Market Downturn

According to the latest insight from a CryptoQuant analyst, Bitcoin might be poised for a notable price correction. This possibility of a price correction is based on major Bitcoin metrics such as the Adjusted Spent Output Profit Ratio (ASOPR), signaling a notable implication for Bitcoin’s trajectory. Understanding ASOPR’s Role In Predicting BTC Corrections The ASOPR, […]

Bitcoin Slips Under $64,000: Here’s Where The Next Support Is

Bitcoin Slips Under $64,000: Here’s Where The Next Support Is

Bitcoin has continued its recent bearish trajectory during the past day as the asset’s price has now slipped under $64,000. Here’s what the next support looks like for BTC. Bitcoin Has Strong On-Chain Support Between $61,900 & $63,800 According to data from the market intelligence platform IntoTheBlock, BTC is floating just above a critical on-chain […]

Bitcoin Spot ETFs Effect: Bernstein Analysts Revise BTC Target To $200,000, Here’s When

Bitcoin Spot ETFs Effect: Bernstein Analysts Revise BTC Target To $200,000, Here’s When

Analysts at global asset management firm Bernstein have revised their former Bitcoin target to $200,000, foreseeing the influx of Spot Bitcoin ETFs inflows catalyzing this massive price surge.  Bernstein Analysts Raise Bitcoin Target To $200,000 In a note to clients, Bernstein analysts, Gautam Chhugani and Mahika Sapra predicted that Bitcoin could reach $200,000 by the […]

WIF Plunges 11% As Whale Deposits Millions To Binance, Who’s Behind It?

WIF Plunges 11% As Whale Deposits Millions To Binance, Who’s Behind It?

Memecoins are in red this week as most sectors of the crypto market struggle. Dogwifhat (WIF) has not been the exception.  The memecoin sensation of Q1 saw a significant price drop following the movements of a whale. Recently, an address transferred millions of WIF to a crypto exchange, which ignited speculation about who was behind […]

Survival of the Fittest: Here’s How Bitcoin’s Next Rally Hangs on Miner Capitulation

Survival of the Fittest: Here’s How Bitcoin’s Next Rally Hangs on Miner Capitulation

Amidst a backdrop of declining Bitcoin prices and economic uncertainty, renowned crypto analyst Willy Woo has offered a forecast that suggests a complex road ahead for BTC, with potential gains on the horizon after some ‘inevitable’ turbulence. Bitcoin Rally Hangs On Miner Capitulation, How? Bitcoin’s current market behavior is largely influenced by its miners, whose […]

XRP Exhibiting Unusual On-Chain Behavior, How Will This Affect Price?

XRP Exhibiting Unusual On-Chain Behavior, How Will This Affect Price?

Data shows XRP is currently exhibiting an interesting on-chain behavior amidst a broader market uncertainty. This unusual behavior was highlighted by CryptoQuant, a crypto on-chain analytics company. The peculiar behavior is noteworthy because it is associated with a growing open interest in XRP in comparison to other cryptocurrencies, suggesting XRP is primed for a major […]

Uniswap A Retailer’s Hub? Average Trade Sizes Fall From $30,000 to $1,000 In 2 Years

Uniswap A Retailer’s Hub? Average Trade Sizes Fall From $30,000 to $1,000 In 2 Years

Crypto and some key sub-sectors, like decentralized finance (DeFi) or non-fungible token (NFT) trading or minting, remain dynamic. While activity is highly influenced by price, other changes are settled not by how prices gyrate but by time. Uniswap Users Are Increasingly Posting Small Trade Sizes Events in Uniswap, a leading decentralized exchange (DEX) on Ethereum, […]

Bitcoin Drops Below $64,000, But Arthur Hayes Advocates ‘Buy The Dip’

Bitcoin Drops Below $64,000, But Arthur Hayes Advocates ‘Buy The Dip’

Bitcoin is experiencing a significant decline today, dipping below the $64,000 mark to a low of $63,564. This drop represents a 2.5% decrease in the last 24 hours and an overall 12% decline over the past two weeks. Amidst this downward trend, Arthur Hayes, the co-founder of BitMEX, is not only maintaining his bullish stance […]

Here’s Why The Worldcoin (WLD) Price Surged Over 15% In One Day To Reach $3

Here’s Why The Worldcoin (WLD) Price Surged Over 15% In One Day To Reach $3

Worldcoin (WLD) is currently enjoying an upward trend, with the crypto token surging by over 15% in a single day to reach $3. This development is thanks to the recent strides that the Worldcoin team has made to achieve the goals of the crypto project.  Expansion Of Worldcoin’s World ID Provides Bullish Momentum The Worldcoin […]

XRP Faces Extended Bearish Pressure At $0.4937 Amid Market Weakness

XRP Faces Extended Bearish Pressure At $0.4937 Amid Market Weakness

XRP, one of the leading cryptocurrencies, is currently grappling with extended bearish pressure amid prevailing market weakness. The digital asset has been facing significant downward momentum, influenced by a confluence of factors including macroeconomic uncertainties, regulatory challenges, and broader market sentiment.  Thus far, XRP’s price has struggled to maintain key support levels, exacerbating concerns among […]

Follow The Whales? Arthur Hayes Buys Pendle, Token Soars 25%

Follow The Whales? Arthur Hayes Buys Pendle, Token Soars 25%

Pendle (PENDLE), a cryptocurrency powering a decentralized finance (DeFi) protocol, has experienced a price surge in recent days. This rally comes amidst positive developments within the Pendle ecosystem and a high-profile investment from industry veteran Arthur Hayes. However, concerns regarding token distribution threaten to cast a shadow over Pendle’s long-term prospects. Hayes Fuels The Fire: […]

3 Reasons To Invest In Ethereum, 1 To Stay Bitcoin-Only: Bitwise CIO

3 Reasons To Invest In Ethereum, 1 To Stay Bitcoin-Only: Bitwise CIO

In a recent commentary shared on X, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, which ranks as the world’s largest provider of cryptocurrency index funds, detailed why investors should consider diversifying their cryptocurrency portfolio by adding Ethereum (ETH), alongside maintaining a position in Bitcoin (BTC). Hougan offered three compelling reasons for investors to […]

AI Crypto Fetch.ai (FET) Makes ‘Big Bounce’ – Volume Spikes Over 200% Ahead Of Merger

AI Crypto Fetch.ai (FET) Makes ‘Big Bounce’ – Volume Spikes Over 200% Ahead Of Merger

Fetch.ai (FET), a leading artificial intelligence (AI) crypto, rocketed to the top of the gainers chart on Thursday. The 28% surge comes just days before FET’s scheduled merger with other AI tokens into the much-anticipated Artificial Superintelligence Alliance (ASI). Related Reading: Bitcoin Whales On The Move – Is A $100,000 Price Tag Coming? Bullish Brew: […]

Bitcoin Whales On The Move – Is A $100,000 Price Tag Coming?

Bitcoin Whales On The Move – Is A $100,000 Price Tag Coming?

Bitcoin keeps catching the attention of investors and analysts with its price changes and big moves. Recently trading at $65,715, Bitcoin’s small increase of nearly a percent in the last 24 hours has sparked some cautious optimism among crypto fans around the world. This newfound confidence is boosted by big whale activity and positive long-term […]

Dogecoin Bears Return: Indicators Point To More Losses In DOGE

Dogecoin Bears Return: Indicators Point To More Losses In DOGE

Dogecoin started another decline from the $0.1285 resistance zone against the US Dollar. DOGE is consolidating and might resume its decline below $0.1220. DOGE price is moving lower below the $0.1250 support zone. The price is trading below the $0.1250 level and the 100-hourly simple moving average. There is a key rising channel or a […]

US Court Filings Expose Montenegro’s Prime Minister’s Stake In Failed Terraform Labs

US Court Filings Expose Montenegro’s Prime Minister’s Stake In Failed Terraform Labs

A recent Bloomberg report has revealed that Montenegro’s Prime Minister, Milojko Spajic, personally invested in Terraform Labs years before the company’s collapse. The discovery has raised concerns regarding the founder’s choice to flee prosecution by seeking refuge in the same nation.  The founder of Terraform Labs, Do Kwon, was detained in Montenegro in March 2023 […]