Archives par catégorie: Business

Bitcoin Open Interest Tops 19-Month High: Historical Data Shows What To Expect

Bitcoin Open Interest Tops 19-Month High: Historical Data Shows What To Expect

The Bitcoin open interest can often be an indication of where the BTC price might be headed next depending on whether or not the metric is rising or falling. This time around, the Bitcoin open interest has risen drastically, hitting 19-month highs in the process. Using historical data, it is possible to extrapolate what this […]

Howling At The Moon: 23,000% Dogecoin Signal Reawakens

Howling At The Moon: 23,000% Dogecoin Signal Reawakens

Dogecoin holders are howling for the popular meme cryptocurrency to reach “the moon” and they just might get it. That’s because a parabolic technical signal is back that last appeared prior to a stunning 23,000% rally. Keep reading to learn more about the signal and what this could mean for DOGE. Dogecoin Tags Parabolic SAR: […]

Dogecoin Begins Climb: Key Price Targets Set Following Breakout From $0.08

Dogecoin Begins Climb: Key Price Targets Set Following Breakout From $0.08

The king of the memecoins, Dogecoin (DOGE), has been following the general sentiment in the crypto market as it breaks out from a critical level. The token experienced selling pressure on low timeframes but seems poised for further profits. As of this writing, Dogecoin (DOGE) trades at $0.078 with a 1% loss in the last […]

Polygon Network Metrics Explode: Is It Time For MATIC Price To Reach $2?

Polygon Network Metrics Explode: Is It Time For MATIC Price To Reach $2?

It’s been a relatively quiet period of price action for Polygon (MATIC) in the past few weeks. On this day last month, MATIC was trading around its October bottom of $0.5154 before the inflows into the crypto market.  Although the cryptocurrency has performed reasonably well and has increased by 82% since then, its rise has […]

Shiba Inu Price Prediction: Analyst Forecast 2X By Mid-December

Shiba Inu Price Prediction: Analyst Forecast 2X By Mid-December

Popular cryptocurrency market analyst Captain Faibik has recently shed more light on his predictions toward the price of Shiba Inu (SHIB) and revealed where the cryptocurrency ought to be by mid-December.  Crypto Analyst Optimism On Shiba Inu The crypto analyst took to his official X (formerly Twitter) handle to share his projections on the price […]

Bitcoin Bulls Are Back! Latest Signal Confirms Bullish Trend is Brewing

Bitcoin Bulls Are Back! Latest Signal Confirms Bullish Trend is Brewing

Those burned by the last big Bitcoin bull run are rightfully skeptical that another one is here so soon. However, a trend strength indicator is now confirming the existence of a new bullish trend emerging. Are bulls finally back in control over crypto? Sidelined investors and traders will want to pay attention. How Technicals Could […]

Altcoin Delight: Solana Balloons To 50%, Nearly Triples In A Month – Here’s Why

Altcoin Delight: Solana Balloons To 50%, Nearly Triples In A Month – Here’s Why

SOL, the native token of Solana, has demonstrated exceptional performance once again, surpassing all other prominent cryptocurrencies in the market. The proof-of-stake blockchain platform had a notable increase of nearly 18% in value on the day after remarks made by Cathie Wood, the CEO of Ark Invest, who highlighted the robustness of the Solana network. Solana […]

Crypto Market Cap To $25 Trillion: Cathie Wood Reveals The 2 Coins To Buy

Crypto Market Cap To $25 Trillion: Cathie Wood Reveals The 2 Coins To Buy

Cathie Wood, CEO of Ark Invest, has reiterated her bullishness on the crypto industry. In a recent interview with CNBC’s “Squawk Box,” Cathie Wood argued that the crypto industry is poised to reach a $25 trillion valuation, given a regulatory breakthrough in the US. Out of the multitude of digital assets on the market right […]

Bitcoin NVT Remains Bullish, All-Clear Signal For Rally?

Bitcoin NVT Remains Bullish, All-Clear Signal For Rally?

On-chain data shows the Bitcoin Network Value to Transactions (NVT) ratio is above the bear zone, implying the recent price growth might have been healthy. Bitcoin NVT Ratio Has Remained Outside Red Since October According to data from the on-chain analytics firm Santiment, the NVT ratio has seen a significant improvement recently. The relevant indicator […]

Cardano Price Poised To Rally 650% By July 2024: Crypto Analyst

Cardano Price Poised To Rally 650% By July 2024: Crypto Analyst

According to crypto analyst Ali Martinez, Cardano (ADA) is exhibiting a price consolidation pattern that is highly bullish. Drawing parallels to the consolidation phase of 2018-2020, Martinez points out that ADA’s current trend is a mirror image, albeit without the disastrous COVID-19 crash. “Cardano’s current consolidation trend eerily mirrors the 2018-2020 phase without the COVID-19 […]

Bitcoin Price Is Up Despite SEC Delay, Is The Spot ETF Decision Priced In Already?

Bitcoin Price Is Up Despite SEC Delay, Is The Spot ETF Decision Priced In Already?

On Wednesday, the Bitcoin price rallied toward $38,000 amid expectations of the United States Securities and Exchange Commission (SEC) finally approving the first Spot BTC ETF. The regulator would end up exercising its right to delay its decision further, something that has usually been bearish for the price. However, the Bitcoin price continued to show […]

Litecoin Sustains 4-Month Run With 37% Gain, Beating Most Of Its Peers – Details

Litecoin Sustains 4-Month Run With 37% Gain, Beating Most Of Its Peers – Details

With its latest break above the $74 barrier, Litecoin (LTC) is showing encouraging signs of a breakout into the bull market. Increased transaction activity from miners and major investors in cryptocurrency is fueling expectations of an upward trend and suggests that a huge price spike is imminent. At the time of writing, the price range […]

Bitcoin Price Soars To $38,000: 5 Major Reasons

Bitcoin Price Soars To $38,000: 5 Major Reasons

The Bitcoin price has risen as high as $38,012 (on Binance), recording a marginally higher high. Here are the main reasons for the latest surge in BTC price. #1 Euphoria Over Potential ETF Approvals The crypto market has been electrified by the possibility of the US Securities and Exchange Commission (SEC) approving several spot Bitcoin […]

As Bitcoin Nears $38,000, This Analyst Says ‘The Good Times Are Here’

As Bitcoin Nears $38,000, This Analyst Says ‘The Good Times Are Here’

Bitcoin proponents have reason to be merry as the alpha coin has gracefully ascended to a promising valuation of nearly $38,000 as of late Wednesday, reclaiming its throne with the highest value seen in the last 12 months. Bitcoin bounced back strongly from its battering the day before, reaching within striking distance of a new […]

Ethereum Price Bullish Momentum Reignites – Can Bulls Pust ETH To $2,200?

Ethereum Price Bullish Momentum Reignites – Can Bulls Pust ETH To $2,200?

Ethereum price remained strong and started a fresh increase above $2,000. ETH could continue to rise if it clears the $2,075 resistance zone. Ethereum is again moving higher above the $2,000 support zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support […]

Bitcoin Defies Global Market Trends: Negative Correlation Hits Pre-Pandemic Levels

Bitcoin Defies Global Market Trends: Negative Correlation Hits Pre-Pandemic Levels

So far, Bitcoin has demonstrated a unique trajectory over the past weeks, distinct from broader financial movements. While global markets have been riding buoyancy, with investors embracing a more risk-on attitude following softer US inflation data, Bitcoin has charted its own path. Bloomberg reported since the release of the US data on Tuesday, an index […]

Is Fetch.ai (FET) On The Cusp Of Another Mega Bull Run To 2021 Highs?

Is Fetch.ai (FET) On The Cusp Of Another Mega Bull Run To 2021 Highs?

A crypto trader took to X on November 15, predicting that FET, the native currency of Fetch.ai, an AI-centric platform, could be aligning itself for a “green path,” resuming the uptrend of the past few weeks.  The analyst, @rektcapital, believes the recent price action on the weekly chart points to strength. Moreover, the possibility of FET bulls […]

Ethereum Breakout: Analyst Explains Why The King Of The Altcoins Is Destined For $10,000

Ethereum Breakout: Analyst Explains Why The King Of The Altcoins Is Destined For $10,000

Crypto analyst Tony The Bull, founder of CoinChartist, has revealed why Ethereum is destined to cross $10,000. According to the crypto analyst, the king of the altcoins has its top just right after $10,000 using the Fibonacci extension. How Ethereum Gets To $10,000 In the latest issue of the CoinChartist newsletter, crypto analyst Tony The […]

Bitcoin Price Rallies 5% and Seems Primed To Clear the $38K Hurdle

Bitcoin Price Rallies 5% and Seems Primed To Clear the $38K Hurdle

Bitcoin price restarted its increase from the $34,650 support. BTC is up over 5% and now attempting a move above the $38,000 resistance zone. Bitcoin started a fresh rally from the $34,650 support zone. The price is trading above $36,500 and the 100 hourly Simple moving average. There was a break above a major bearish […]