Archives par catégorie: Business

Solana Price Faces Uphill Task: Tough Road Ahead For SOL Bulls

Solana Price Faces Uphill Task: Tough Road Ahead For SOL Bulls

Solana tested the $138 zone before it started a recovery wave. SOL price must clear the $150 and $155 resistance levels to start a steady increase. SOL price is eyeing an upside break above the $150 resistance against the US Dollar. The price is now trading above $145 and the 100-hourly simple moving average. There […]

Polkadot (DOT) Struggles Near $6.30 – Is Now The Time To Accumulate?

Polkadot (DOT) Struggles Near $6.30 – Is Now The Time To Accumulate?

Technical indicators are casting a shadow over Polkadot, the blockchain interoperability stalwart. The token has dipped below the Ichimoku Cloud, signaling a clear downtrend. Adding to the bearish outlook, both the conversion line and the baseline of the Ichimoku indicator loom above the current price, intensifying the negative sentiment. Polkadot (DOT) is entangled in a […]

Ethereum On The Rise and Outperforms Bitcoin: Signals Indicate Fresh Increase

Ethereum On The Rise and Outperforms Bitcoin: Signals Indicate Fresh Increase

Ethereum price started a fresh increase from the $3,365 zone. ETH outperformed Bitcoin and might aim for a move toward the $3,800 resistance zone. Ethereum started a recovery after the bulls appeared near the $3,365 zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There was a break above a key […]

Bitcoin Price Decline Continues: Lower Targets in Sight

Bitcoin Price Decline Continues: Lower Targets in Sight

Bitcoin price started another decline from the $66,850 resistance zone. BTC is again moving lower and might even decline below the $65,500 support zone. Bitcoin failed to climb above $67,000 and started another decline. The price is trading below $66,800 and the 100 hourly Simple moving average. There was a break below a connecting bullish […]

Breakout Alert! Chainlink (LINK) On Verge Of Major Surge, Analyst Says

Breakout Alert! Chainlink (LINK) On Verge Of Major Surge, Analyst Says

After a period of consolidation, Chainlink (LINK), the oracle network powering decentralized applications (dApps), is exhibiting signs of a potential breakout. This bullish sentiment comes amidst a broader recovery in the cryptocurrency market, with Bitcoin regaining its footing above the crucial $65,000 support level. Technical Indicators Look Verdant Renowned crypto analyst Jonathan Carter is among […]

Ethereum: 200,000 ETH Options Expiry Spurs Demand – How Far Can Price Go?

Ethereum: 200,000 ETH Options Expiry Spurs Demand – How Far Can Price Go?

Investors are bullish on Ethereum as the industry awaits the launch of Spot Ethereum ETFs. This sentiment is relayed through the recent expiration of Ethereum options contracts and the put-call ratio. According to data, over 200,000 ETH options recently expired, and the crypto community eagerly awaits the direction of the Ethereum price. Notably, the majority […]

Analyst Calls Buy Signal As Solana Hits Key Support At $141

Analyst Calls Buy Signal As Solana Hits Key Support At $141

According to data from CoinMarketCap, Solana (SOL) has been slightly positive in the last day, notching a market gain of 1.37%. This price increase, while little, is highly encouraging for investors considering Solana’s bearish form in the past week where it lost 8.11% of its market value. Interestingly, crypto analyst Ali Martinez postulates that SOL […]

Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus

Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus

Bernstein analysts Gautam Chhugani and Mahika Sapra recently revised their price targets for Bitcoin in their latest market report, which also initiated coverage on MicroStrategy. These analysts also outlined factors that they believe could contribute to BTC’s exponential price surge.  Bitcoin To Hit $200,000 And Then $1 Million Chhugani and Sapra predicted in the report […]

Solana Whale Shakes Market With $372 Million Transfer, Where Are The Coins Headed?

Solana Whale Shakes Market With $372 Million Transfer, Where Are The Coins Headed?

Solana (SOL) whales are at it again, as they are seen to have moved a significant amount of their Solana holdings in the last 24 hours. This comes amidst the bearish sentiment in the crypto market, which has also caused Solana’s price to decline.  Solana Whales Move Over $500 Million Worth Of SOL In Several […]

Analyst Pinpoints Critical Support Zone For Bitcoin

Analyst Pinpoints Critical Support Zone For Bitcoin

According to data from CoinMarketCap, Bitcoin has had an unimpressive week with its market price falling by 4.65% over the last seven days. However, prominent crypto analyst Ali Martinez has released a price alert indicating that the market leader could be set for more losses if it fails to secure a certain support zone. Bitcoin […]

Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?

Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?

Discussions around when the Spot Ethereum ETFs will likely begin trading have continued to heat up. This time, Bloomberg analyst Eric Balchunas and fellow Bloomberg analyst James Seyffart have shared an update on when they expect these funds to begin trading.  Spot Ethereum ETFs To Begin Trading By July 2 Balchunas stated in an X […]

XRP Whale Goes On Shopping Spree: 27 Million Coins Snapped Up As Price Dips

XRP Whale Goes On Shopping Spree: 27 Million Coins Snapped Up As Price Dips

A recent buying spree by a deep-pocketed XRP investor has sent ripples (pun intended) through the cryptocurrency community. This whale, with a seemingly bottomless appetite for XRP, has scooped up nearly 27 million coins, sparking speculation of a potential price surge. However, the broader market sentiment remains murky, leaving investors to navigate a sea of […]

Polkadot (DOT) In Freefall: Will It Recover Or Hit Rock Bottom?

Polkadot (DOT) In Freefall: Will It Recover Or Hit Rock Bottom?

Polkadot (DOT), a prominent player in the blockchain ecosystem, is currently experiencing a dramatic decline, prompting a bearish alert. The cryptocurrency is in freefall, with its price plummeting towards new lows. A combination of market-wide volatility, negative investor sentiment, and regulatory pressures fuels this sharp downturn. As DOT’s value continues to erode, investors are advised […]

Introducing CoinStats’ Upgraded Profit & Loss Calculation

Introducing CoinStats’ Upgraded Profit & Loss Calculation

If you want to make better crypto decisions, you need proper portfolio tracking, and that must include accurate profit and loss analysis. Everyone will agree on this. At CoinStats, we’re committed to our mission of providing top-tier crypto portfolio management to our users. Earlier in May, we rolled out Portfolio Analytics 2.0, and now we’re […]

Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold

Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold

Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. Expectedly, this bearish pressure has had a notable impact on the price of the premier cryptocurrency. According to data from CoinGecko, the value of Bitcoin has declined by nearly 5% in the past seven days. On […]

WIF Price Crashes 15% – Will The Freefall Continue?

WIF Price Crashes 15% – Will The Freefall Continue?

Dogwifhat (WIF), the once-booming memecoin featuring a Shiba Inu sporting a stylish knitted beanie, finds itself in hot dog water. After a meteoric rise earlier this year, WIF has been on a downward spiral, trapped within a descending channel since late May. Analysts are carefully keeping tabs as the canine crypto approaches a critical support […]

Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath

Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath

The cryptocurrency market has been experiencing a significant downturn, with Bitcoin leading the way by retracing to the $65,000 mark after failing to retest its all-time high of $73,700 reached in March.  Market expert Michael van de Poppe has shed light on the reasons behind this ongoing bloodbath, highlighting several key factors that have contributed […]

Quiet Summer Ahead For Bitcoin, But Ethereum Holds Potential for Surprise — QCP Capital

Quiet Summer Ahead For Bitcoin, But Ethereum Holds Potential for Surprise — QCP Capital

According to the latest report by QCP Capital, options data reveals a plunge in trading volatility, particularly for Bitcoin, meaning cryptocurrency traders could be in for a tamer summer. The research firm, which is well known for spotting new market trends, points out that the data patterns in the charts suggest that we are likely […]

Crypto Analyst Lists The Cardano Developments That Will Drive ADA Price To $3 In 2024

Crypto Analyst Lists The Cardano Developments That Will Drive ADA Price To $3 In 2024

Crypto analyst Sebastian has outlined why he believes Cardano (ADA) could rise to as high as $3 this year. The developments the analyst highlighted undoubtedly paint a bullish picture for the crypto token. However, it remains to be seen how Cardano will react, given that it is currently one of the worst-performing crypto assets this […]