Archives par catégorie: Business

XRP: 600 Million Token Influx As Whales Make Their Presence Felt

XRP: 600 Million Token Influx As Whales Make Their Presence Felt

The cryptocurrency market continues to grapple with volatility, and XRP has been no exception. After a promising start to the year, the price of XRP has mirrored the broader market slump triggered by Bitcoin’s correction. However, amidst the bearish sentiment, a different story is unfolding underwater – one involving deep-pocketed investors, or “whales,” accumulating the […]

XRP Price Reclaims $0.50 and Indicators Suggest Fresh Surge To $0.70

XRP Price Reclaims $0.50 and Indicators Suggest Fresh Surge To $0.70

XRP price is recovering higher above the $0.500 resistance. The price is signaling a positive bias and might rally above the $0.580 and $0.600 levels. XRP is attempting a recovery wave above the $0.50 zone. The price is now trading above $0.5150 and the 100 simple moving average (4 hours). There was a break above […]

Ethereum Price Holds Support – Why ETH Could Soon Rally 5%

Ethereum Price Holds Support – Why ETH Could Soon Rally 5%

Ethereum price is holding gains above the $3,120 resistance zone. ETH could soon rally if it clears the $3,280 resistance zone. Ethereum extended its increase above the $3,220 resistance zone. The price is trading above $3,165 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,170 on […]

Bitcoin Price Eyes Next Breakout As The Bulls Aim For $70K

Bitcoin Price Eyes Next Breakout As The Bulls Aim For $70K

Bitcoin price climbed above the $66,000 resistance zone and started consolidation. BTC is now eyeing the next move above the $67,200 resistance zone. Bitcoin is eyeing a decent increase above the $67,200 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming […]

Is A $72K Bitcoin Surge On The Horizon? Glassnode’s Latest Analysis Points To An Answer

Is A $72K Bitcoin Surge On The Horizon? Glassnode’s Latest Analysis Points To An Answer

Recent insights from Glassnode’s cofounders, shared under their X (formerly Twitter) account ‘Negentrophic’ have sparked interest in Bitcoin market dynamics, leading to a promising stabilization and possible price surge. Market Sentiments And EMA Trends With Bitcoin’s value recently wavering below the $70,000 mark, a detailed analysis from the cofounders suggests that a strong support level […]

Hedge Funds Fall For The Memecoin Frenzy: “Mind-Boggling” Returns Tempt Financial Giants

Hedge Funds Fall For The Memecoin Frenzy: “Mind-Boggling” Returns Tempt Financial Giants

In a recent Bloomberg report, it has come to light that the hedge fund industry is increasingly drawn to the allure of the memecoin sector, given the recent price increases and substantial profits that surpass those of Bitcoin (BTC) or the largest altcoins in the market. Memecoin Mania One example of the appeal of memecoins […]

Samson Mow On Bitcoin Halving: Brace For Supply Shock, Omega Candle In Sight

Samson Mow On Bitcoin Halving: Brace For Supply Shock, Omega Candle In Sight

Samson Mow, the chief executive at Jan3, recently spoke to Forbes about the latest Bitcoin halving and its potential to catalyze what he refers to as the “Omega candles” – significant price movements that could elevate Bitcoin to the $1 million mark. According to Mow, halvings ensure a controlled distribution of Bitcoin, maintaining scarcity and […]

Analyst Says XRP Price Will Reach $100, But This Needs To Happen First

Analyst Says XRP Price Will Reach $100, But This Needs To Happen First

Crypto analyst JackTheRippler has raised the possibility of the XRP price rising to $100 soon enough. As part of his prediction, he mentioned what needs to happen for the crypto token to attain such ambitious heights.  How XRP Price Could Rise To $100 JackTheRippler suggested in an X(formerly Twitter) post that the XRP price hitting […]

This Metric Printed In 2017 Before Bitcoin Exploded: Is A Mega Run Incoming?

This Metric Printed In 2017 Before Bitcoin Exploded: Is A Mega Run Incoming?

In a post on X, one analyst has picked out a key on-chain metric that could signal the beginning of a strong leg up, similar to the explosive gains 2017. Currently, Bitcoin prices remain steady and edging higher. However, the coin failed to register sharp upswings, as most traders had predicted before the Halving event on […]

Is The Bitcoin Top Already Here? This Historical Pattern Says So

Is The Bitcoin Top Already Here? This Historical Pattern Says So

A historical pattern currently forming in a Bitcoin on-chain indicator could suggest that a top may be near for the asset, if not already in. Bitcoin SOPR Ratio Is Forming A Historical Top Pattern Right Now In a CryptoQuant Quicktake post, an analyst has discussed about a pattern regarding the SOPR Ratio. The “Spent Output […]

XRP Wallets Holding At Least 1 Million Coins Nears All-Time High As Sentiment Improves

XRP Wallets Holding At Least 1 Million Coins Nears All-Time High As Sentiment Improves

With the crypto market on the rise once again, XRP has seen positive headwinds and this has triggered an improvement in sentiment among investors. This positive recovery has seen more crypto investors move to acquire the altcoin, pushing a very important holder cohort toward new all-time high levels. Wallets Holding More Than 1 Million XRP […]

The Cardano $1 Dream: Is A Price Explosion Coming Or Just Deja Vu?

The Cardano $1 Dream: Is A Price Explosion Coming Or Just Deja Vu?

Cardano (ADA), the tenth largest cryptocurrency by market capitalization, has been a rollercoaster ride for investors in recent months. After a steep price decline in March, ADA has seen a minor uptick, leaving analysts divided on its future trajectory. Could a repeat of a historical price pattern propel ADA to new heights in 2024, or […]

Bitcoin Market Dynamics Still Positive Post-Halving – Bitfinex Analysis

Bitcoin Market Dynamics Still Positive Post-Halving – Bitfinex Analysis

In the midst of the dramatic changes that have occurred in the cryptocurrency space after the Bitcoin halving event, Bitfinex provides a perceptive analysis that reassures investors that the market dynamics of BTC have remained positive in the post-halving period. Bitfinex examines the on-chain data and finds encouraging signs for Bitcoin in spite of the […]

Ethereum Resurgence: TRON Founder Justin Sun Goes On 127,388 ETH Buying Spree

Ethereum Resurgence: TRON Founder Justin Sun Goes On 127,388 ETH Buying Spree

The second-largest crypto token by market cap, Ethereum (ETH), looks set to make a massive market recovery following recent buys suspected to be made by Tron’s founder, Justin Sun. Sun’s accumulation spree again highlights crypto whales’ recent bullishness on Ethereum despite fluctuating prices.  Sun Allegedly Buys $405 Million Worth Of ETH In an X (formerly […]

Ethereum On-Chain Health Holds Strong Amidst Open Interest Plunge – Impact On Price

Ethereum On-Chain Health Holds Strong Amidst Open Interest Plunge – Impact On Price

Ethereum (ETH) stands as a bellwether for the industry’s ebbs and flows. As of press time, Ethereum was trading at $3,174, its price trying to reach the crucial $3,000 mark. However, beneath the surface of these seemingly stable waters lies a complex interplay of market forces and investor sentiment. Ether’s Challenging Trajectory Since last week, […]

Akash Network (AKT) Leads Crypto Top 100 With 46% Rise Today: Here’s Why

Akash Network (AKT) Leads Crypto Top 100 With 46% Rise Today: Here’s Why

Amidst a rather quiet altcoin market, Akash Network (AKT) has emerged as today’s standout performer among the top 100 cryptocurrencies by market capitalization, recording a significant 46% increase in price over the past 24 hours. This surge has propelled AKT to the forefront, well ahead of its peers such as Core (CORE) and Arweave (AR), […]

Ripple Vs. SEC Update: Is The Lawsuit Finally Coming To An End With A Settlement?

Ripple Vs. SEC Update: Is The Lawsuit Finally Coming To An End With A Settlement?

The legal battle between Ripple and the Securities and Exchange Commission (SEC) is getting heated and, following recent developments, looks far from over. This is due to the disagreement between both parties on the appropriate remedy for Ripple’s violation of securities laws.  Ripple Proposes $10 Million Fine Instead In opposition to the SEC’s motion for […]

Solana Meme Coin Massacre: 12 Projects Gone In 30 Days, $27 Million Vanished

Solana Meme Coin Massacre: 12 Projects Gone In 30 Days, $27 Million Vanished

The Wild West of cryptocurrency just got a little wilder. Solana, the blockchain known for its lightning-fast transactions, recently became a breeding ground for a peculiar phenomenon: the meme coin frenzy. While these dog-themed, cat-inspired, or just plain nonsensical tokens promised moon landings, many investors landed face-first in a crater of lost cash. Solana Stampede: […]