Archives par catégorie: Business

Celsius Network’s Shift Towards Bitcoin Mining Plan

Celsius Network’s Shift Towards Bitcoin Mining Plan

Bankrupt crypto lender Celsius Network has revealed that the company planning on switching to a Bitcoin mining-only company, following its bankruptcy court’s confirmation of the plan. Celsius Transition To Mining NewCo Celsius Network‘s transition into a mining company coincides with its bankruptcy proceedings. Over the past year, the digital assets company has experienced financial challenges, […]

Crypto Market Reacts: Binance CEO Changpeng Zhao Steps Down

Crypto Market Reacts: Binance CEO Changpeng Zhao Steps Down

In a shocking turn of events, Binance CEO Changpeng Zhao has agreed to step down from the crypto exchange and has plead guilty to “violating US anti-money laundering requirements.” The news is currently being priced into the crypto market, leading to extreme volatility in Bitcoin and altcoins, plus a lot of chatter on social media. […]

Analyst Sets $30,000 Floor For Bitcoin, But Can We Forget 2021’s Misfire?

Analyst Sets $30,000 Floor For Bitcoin, But Can We Forget 2021’s Misfire?

The price of Bitcoin presses on towards the upside and, once again, touched a critical resistance close to $38,000. The cryptocurrency could trend sideways at its current levels in the short term, leading analysts to find the support level that could withstand a spike in selling pressure. As of this writing, Bitcoin trades at $37,160 […]

Global Banks Are Betting Big On XRP, Report Shows

Global Banks Are Betting Big On XRP, Report Shows

Global banks have begun actively integrating crypto assets into their financial operations, and XRP has been one of their top preferences. This news signifies a shift in the skepticism surrounding cryptocurrencies, revealing how some of the world’s leading banks seek to leverage XRP’s fundamental strengths as a cross-border payments system.  BCBS Highlights XRP Dominance In […]

Shiba Inu Sees A Whopping 48,000% Increase In The SHIB Burn Rate, What’s Next?

Shiba Inu Sees A Whopping 48,000% Increase In The SHIB Burn Rate, What’s Next?

The Shiba Inu community has again ramped up its SHIB burning efforts, causing a massive burn rate spike. Despite SHIB’s tumbling price in the past seven days, Shiba Inu’s burn rate has recorded a nearly 48,000% increase. The SHIB community is determined to cut down the Shiba Inu circulating supply, a feat that many believe […]

XRP Price: Cup And Handle Pattern Hints At Short-Term 208% Surge

XRP Price: Cup And Handle Pattern Hints At Short-Term 208% Surge

In a new technical analysis, crypto analyst Dark Defender has identified a bullish ‘Cup and Handle’ pattern on the XRP daily chart, signaling the potential for substantial gains. The pattern, which is characterized by a ‘cup’ resembling a rounding bottom and a ‘handle’ indicating a slight downward drift, suggests a continuation of an upward trend. […]

Solana Captures Institutional Investors’ Attention, Inflows Rise To $135 Million

Solana Captures Institutional Investors’ Attention, Inflows Rise To $135 Million

Solana has held its stance among altcoins, registering inflows more than any other cryptocurrency besides Bitcoin last week.  Institutional investment products have witnessed consecutive eight weeks of inflows, with some cryptocurrencies receiving a greater amount of inflows than others. According to the new CoinShares report on digital asset funds, the majority of this money went […]

Bitcoin About To Smash The $38,000 Barrier – Decoding the Next Moves

Bitcoin About To Smash The $38,000 Barrier – Decoding the Next Moves

Bitcoin (BTC) price reclaimed $37,000 on Monday as the crypto market started the week strongly and with investors regaining confidence in the market. On-chain analysis identifies the key reasons that could propel BTC prices higher this week. Bitcoin was up 1.77% and was halfway to the vaunted $38,000 level at the time of writing, with […]

Spot Bitcoin ETF Is ‘A Buy The News’ Event: Pantera Capital CEO

Spot Bitcoin ETF Is ‘A Buy The News’ Event: Pantera Capital CEO

The potential approval of a spot Bitcoin ETF in the United States has stirred considerable attention in recent weeks. Dan Morehead, CEO and founder of Pantera Capital, has now shared valuable insights on this matter in his latest “Blockchain Letter”, emphasizing the unique circumstances surrounding this event. Morehead challenges the traditional Wall Street mantra, “Buy […]

Bitcoin Fees Soar Above Ethereum’s As Investors Flock To Ordinals-Backed Assets

Bitcoin Fees Soar Above Ethereum’s As Investors Flock To Ordinals-Backed Assets

CryptoFees data shows that Bitcoin daily fees averaged $10.65 million from November 16 to November 18, surpassing Ethereum’s average fee of nearly $7 million for the same period. Until 2024, the US Securities and Exchange Commission (SEC) is deferring decisions on several Bitcoin ETF applications, despite the market’s increasing optimism about the approval of a […]

Ethereum Price Clears Hurdle – A Strengthening Case For More Upsides

Ethereum Price Clears Hurdle – A Strengthening Case For More Upsides

Ethereum price started a fresh increase above the $1,950 resistance. ETH is consolidating and might aim for a move above the $2,070 resistance. Ethereum remained stable and started a fresh increase above the $1,950 level. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There was a break above a major bearish […]

Bitcoin Price Uptrend To Continue? These Factors Could Spark Fresh Surge

Bitcoin Price Uptrend To Continue? These Factors Could Spark Fresh Surge

Bitcoin price is showing positive signs above the $37,000 resistance zone. BTC seems to be eyeing an upside break above the $38,000 resistance zone. Bitcoin started a fresh increase and climbed above the $37,000 zone. The price is trading above $37,000 and the 100 hourly Simple moving average. There is a major bullish trend line […]

Clear Skies: Why Bitcoin Overhead Resistance Is Weak

Clear Skies: Why Bitcoin Overhead Resistance Is Weak

Bitcoin price is only at $37,500 — a far cry from former all-time highs around $68,000. However, one visual technical analysis tool could show that overhead resistance is weak, and that the top cryptocurrency could rip right through what’s left. Could BTCUSD be back at all-time highs faster than most are ready for? Bitcoin Price […]

SOL Price Forecast Takes Bearish Turn, Prepare For Potential Plummet To $30 Or Lower

SOL Price Forecast Takes Bearish Turn, Prepare For Potential Plummet To $30 Or Lower

Solana (SOL) has emerged as a prominent player in the dynamic world of cryptocurrency, showcasing a remarkable uptrend and delivering substantial gains. Despite a modest 3.6% correction in SOL price over the past 24 hours, the native token of the blockchain platform has recorded a significant increase of 43% over the past fourteen-day period. However, […]

3 Altcoins Set To Skyrocket In Next Crypto Bull Run, According To Analyst

3 Altcoins Set To Skyrocket In Next Crypto Bull Run, According To Analyst

Several altcoins have garnered attention for their potential in the next bull run. Nick, a prominent crypto analyst and host of the Cheeky Crypto YouTube channel, has pinpointed three specific altcoins that he believes are poised for significant growth in the forthcoming market surge. Based on current market trends and developments, Nick’s analysis highlights these […]

Crypto Market Expert Identifies The Trigger For 600% Bitcoin Price Surge

Crypto Market Expert Identifies The Trigger For 600% Bitcoin Price Surge

In a recent analysis, a crypto market expert has discovered key elements that could trigger a massive surge in the Bitcoin price.  Crypto Expert Reveals Bitcoin Price Surge Catalyst Head of Research at CoinShares, James Butterfill has published an in-depth analysis of a revelation that could catalyze a significant increase in Bitcoin’s price. Butterfill’s research […]