Archives par catégorie: Business

Dogecoin Whale Takes $52.3 Million In DOGE Off Binance, Sign Of Buying?

Dogecoin Whale Takes $52.3 Million In DOGE Off Binance, Sign Of Buying?

On-chain data shows a Dogecoin whale made a large withdrawal from Binance today, which may be bullish for the memecoin’s price. A Large Amount Of Dogecoin Has Left The Binance Platform In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, a large transfer has been spotted on the Dogecoin […]

FOMO Gives Way To Fear: Bitcoin-Ethereum Ratio Signals Shift In Crypto Sentiment

FOMO Gives Way To Fear: Bitcoin-Ethereum Ratio Signals Shift In Crypto Sentiment

The recent ratio between Bitcoin (BTC) and Ethereum (ETH) prices suggests a potential decline in risk appetite within the crypto market. The ratio has reached its highest level since April 2021, indicating a stronger demand for Bitcoin than its smaller rival, Ethereum. This development has led crypto asset trading firm QCP Capital to speculate that […]

Bitcoin’s Recovery Rally: Breaking Through This Level Is Key To Bullish Momentum – Analyst

Bitcoin’s Recovery Rally: Breaking Through This Level Is Key To Bullish Momentum – Analyst

Over the past week, Bitcoin (BTC) has struggled to move significantly to the upside as the leading cryptocurrency has entered a consolidation phase below the $69,000 mark. This subdued volatility departs from Bitcoin’s usual fluctuations, raising speculation about a potential stagnation phase in its market trajectory. Anticipation Builds For Bitcoin’s Next Rally The cryptocurrency community […]

FTX Estate Offloads $1.9 Billion Worth Of Locked Solana (SOL) Tokens In Sale

FTX Estate Offloads $1.9 Billion Worth Of Locked Solana (SOL) Tokens In Sale

In a significant development, FTX bankruptcy trustees have reportedly sold about two-thirds of a $2.6 billion stash of Solana (SOL) at a “deeply discounted price.”  Industry figures such as Galaxy Trading and Pantera Capital were among the investors involved in the deal, according to people familiar with the matter, as reported by Bloomberg. SOL Tokens’ […]

Dogecoin Finds A Bottom: How The 7-Year Cycle Can Send Price To $40

Dogecoin Finds A Bottom: How The 7-Year Cycle Can Send Price To $40

Dogecoin has had a rather interesting week, first rallying to cross $0.2, before correcting back downward and eventually losing support at $0.8. Nevertheless, there is still a lot of steam left in the cryptocurrency it seems, as crypto analysts have identified both a bottom and a 7-year cycle that could send its price as high […]

History Favors Bitcoin Bulls Despite Crypto Hedge Funds Increasing Shorts

History Favors Bitcoin Bulls Despite Crypto Hedge Funds Increasing Shorts

Bitcoin may be dripping lower at spot rates. Still, one analyst is unfazed, expecting the coin to reverse recent losses and snap up firmly before peaking in December 2024. At spot rates, BTC is down roughly 11% from 2024 peaks and struggling to generate sufficient buying pressure, looking at the formation in the daily chart. […]

XRP To $20 And Ethereum To $20,000: Crypto Analyst Reveals When This Will Happen

XRP To $20 And Ethereum To $20,000: Crypto Analyst Reveals When This Will Happen

Crypto analyst CrediBULL Crypto has laid out a bullish narrative for Ethereum (ETH) and XRP. He claimed that both tokens could rise to as high as $20,000 and $20, respectively. Additionally, he stipulated when this parabolic price surge is likely to happen.  Ethereum Could Hit A Market Top Near $20,000 CrediBULL Crypto mentioned in an […]

Solana Primed For Takeoff? Expert Analysis Points To Buying Opportunity

Solana Primed For Takeoff? Expert Analysis Points To Buying Opportunity

Solana (SOL), a prominent player in blockchain technology, finds itself at a crossroads. While crypto analyst Altcoin Sherpa remains bullish on its long-term potential, recent price drops and a surge in failed transactions raise concerns. Is Solana Poised For A Major Rally? Sherpa, known for simplifying complex investment strategies, suggests a buying range of $168-208 […]

Crypto Analyst Predicts ADA Price Crash To $0.34, Why Is Cardano Founder Bullish?

Crypto Analyst Predicts ADA Price Crash To $0.34, Why Is Cardano Founder Bullish?

Cardano (ADA) is again in the spotlight as crypto analysts continue to deliberate on its future trajectory. This time, crypto analyst Alan Santana has laid out a bearish narrative for the crypto token, which could cause its price to drop drastically.  How ADA Could Crash To $0.34 In his analysis, Santana stated that ADA’s breakout […]

Bitcoin Resurgence: Analyst Foresees $69,000 Target In Near Term

Bitcoin Resurgence: Analyst Foresees $69,000 Target In Near Term

Crypto Jelle, a cryptocurrency analyst and aficionado, has expressed optimism toward the price action of Bitcoin, highlighting the potential for the digital asset to revisit the $69,000 threshold in the short term. Bitcoin Poised For Short-Term Gains Due to waning interest in the cryptocurrency market, the price of Bitcoin fell by 5.60% to $66,650. However, […]

Cardano Price Tumbles As Grayscale Sells All ADA From Large Cap Fund

Cardano Price Tumbles As Grayscale Sells All ADA From Large Cap Fund

The Cardano (ADA) price is experiencing a notable decrease, dropping by 12% since the start of the week, with a 2.6% dip recorded today alone. Despite this, with a market capitalization of $20.27 billion, ADA maintains its position as the 9th largest cryptocurrency. This recent downturn comes amidst a broader crypto market experiencing mostly sideways […]

Bitcoin Short-Term Holders Go On 1.2 Million BTC Buying Spree, Is Retail Finally Here?

Bitcoin Short-Term Holders Go On 1.2 Million BTC Buying Spree, Is Retail Finally Here?

Short-term Bitcoin holders have been going on a buying spree lately, accumulating over 1.2 million BTC since December 2023, according to Glassnode. Bitcoin has received major interest from investors since the beginning of the year, and rightly so, considering the amount of attention brought by the launch of Spot Bitcoin ETFs in the US. While […]

Dogecoin Deflates: What’s Behind The 20% Price Drop Amidst Memecoin Mania?

Dogecoin Deflates: What’s Behind The 20% Price Drop Amidst Memecoin Mania?

Dogecoin (DOGE), the Shiba Inu-themed memecoin, finds itself in a curious situation. While the number of holders and overall interest in DOGE surges, its price has experienced a significant drop in the past week. This inconsistency reflects the broader volatility of the memecoin market, currently experiencing an influx of novice traders. IntoTheBlock, a blockchain analytics […]

Bitcoin Crash Warning: CryptoQuant CEO Sees LUNA-Like Risks Ahead

Bitcoin Crash Warning: CryptoQuant CEO Sees LUNA-Like Risks Ahead

Ethena Labs has revealed its latest strategic move: the inclusion of Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe. This decision, aimed at significantly scaling the product’s supply from its current $2 billion, capitalizes on the burgeoning BTC derivative markets for enhanced scalability and liquidity in delta hedging practices. Ethena Labs’ ambitious goal […]

ADA Price Prediction – Here’s Why Cardano Could Dump To $0.50

ADA Price Prediction – Here’s Why Cardano Could Dump To $0.50

Cardano (ADA) is moving lower below the $0.620 resistance zone. ADA could gain bearish momentum and decline toward the $0.50 support. ADA price is slowly moving lower from the $0.670 zone. The price is trading below $0.620 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance […]

Ethereum Price Faces Crucial Test: Will $3,250 Withstand the Pressure?

Ethereum Price Faces Crucial Test: Will $3,250 Withstand the Pressure?

Ethereum price is struggling to recover above the $3,440 resistance zone. ETH is moving lower and might decline further if it clears the $3,250 support. Ethereum is struggling to climb above the $3,370 and $3,440 levels. The price is trading below $3,380 and the 100-hourly Simple Moving Average. There was a break below a major […]

Bitcoin Price Reclaims 100 SMA But Bulls Still Face Uphill Task

Bitcoin Price Reclaims 100 SMA But Bulls Still Face Uphill Task

Bitcoin price is attempting a recovery wave above the $66,500 resistance. BTC must clear the $70,000 resistance to continue higher in the near term. Bitcoin is facing many hurdles near the $69,500 and $70,000 levels. The price is trading above $67,000 and the 100 hourly Simple moving average. There was a break above a key […]

Cat-Themed Memecoins Growing Popularity: Traders Earn Millions With MEW and MOEW

Cat-Themed Memecoins Growing Popularity: Traders Earn Millions With MEW and MOEW

The memecoin market has been dominated by dog-themed tokens for the past few years. Despite not being as popular and well-known as their canine crypto counterparts, cat-themed tokens are starting to appear at the forefront of the meme-inspired market. Cats In A Dogs Crypto Market Memecoins can become a market sensation overnight, and their communities […]

This Bitcoin Indicator May Have Signaled Latest Market Downturn In Advance

This Bitcoin Indicator May Have Signaled Latest Market Downturn In Advance

The Bitcoin Network Value to Transactions (NVT) Golden Cross indicator attained overheated values coinciding with the recent local top in the price. Bitcoin NVT Golden Cross Surged To 3.17 During Recent Peak An analyst in a CryptoQuant Quicktake post explained that the NVT Golden Cross may have served as an indicator of the recent top […]