Archives par catégorie: Business

Based on several factors, the latest Bitcoin news points to a potential bullish continuation in the long term. However, the short term remains uncertain; the cryptocurrency continues to trade in a tight range, although BTC has shown a spike in volatility. As of this writing, the Bitcoin price trades at $25,500 with a 2% loss […]

The civil trial of the US Securities and Exchange Commission’s (SEC) case against Ripple and its top executives, Brad Garlinghouse and Chris Larsen, is set to commence on April 23, 2024. However, the Founder of Dizer Capital, Yasin Mobarak, believes that the SEC will withdraw its charges against Garlinghouse and Larsen before then. Why The […]

Chainlink (LINK) is trading at $7.60, still unable to escape the range between $5 and $8 it has spent over a year in. Its recent attempt at a rally, however, has triggered an important “parabolic”signal following a length, 28-month long downtrend. Chainlink Taps Parabolic SAR After 28-Month Downtrend Chainlink earned itself a reputation as a […]

On-chain data shows that mid to large Bitcoin holders have purchased almost $2 billion in the asset during the past six weeks. Bitcoin Holders With 1 To 10,000 BTC Have Neared All-Time High Holdings According to data from the on-chain analytics firm Santiment, the mid to large-sized BTC addresses have added 71,555 BTC to their […]

A Shiba Inu whale recently transferred a whopping $33 million in SHIB tokens off a crypto exchange into an unknown wallet. According to on-chain data from Whale Alerts, over 4.58 trillion Shiba Inu tokens worth $33.13 million have made their way into a private wallet from the crypto exchange Bitvavo.  Details Of The Whale Transfer […]

A new XRP price prediction from notable crypto analyst, EGRAG CRYPTO, has investors buzzing. Based on a multi-timeframe analysis, Egrag believes XRP is showing considerable strength, hinting at a potential surge to $1.4. The analyst elucidated his predictions in a tweet, stating, “XRP Color Code To $1.4 – UPDATE: Trying to showcase the sheer strength […]

Dogecoin (DOGE) finds itself at a critical juncture. The $0.06 support level, a longstanding stronghold for buyers since early June, now faces increasing selling pressure that could potentially send DOGE sinking below this key level.  Support and resistance zones, like the $0.06 mark, are pivotal in assessing the direction of price movements in the crypto […]

Ripple’s Chief Technology Officer (CTO), David Schwartz, has always been quick to come to the defense of the crypto firm and its technology. This time, he has defended Ripple developers implementing a newly proposed ‘Clawback’ feature on the XRP Ledger (XRPL).  Why The Clawback Feature Is Necessary In a tweet shared on his X (formerly […]

Large-scale transactions of Shiba Inu tokens have once again captured the attention of the cryptocurrency community. In a recent announcement by the crypto tracker Whale Alert, a substantial amount of SHIB was observed being transferred from the Amsterdam-based cryptocurrency exchange Bitvavo to an undisclosed blockchain address.  The staggering figure of 4,584,530,677,374 SHIB raises intriguing questions […]

As the global financial landscape witnesses a seismic shift, reminiscent of the 2008 financial crisis and the dot-com bubble burst, alarm bells are ringing in the bond market, alerting the Bitcoin and crypto market as well. Is A Crash Like 2008 Looming? Renowned Chartered Financial Analyst (CFA), Genevieve Roch-Decter, highlighted the striking parallels in a […]

Cardano (ADA) has been on a rollercoaster ride in the cryptocurrency market, with its recent price recovery rally encountering some significant challenges.  As of the latest data from CoinGecko, ADA is trading at $0.261, showing a modest 1.7% gain in the past 24 hours, but boasting a seven-day rally of 4.9%. However, beneath the surface, […]

BNB price (Binance coin) is still struggling to clear the $220 resistance against the US Dollar. The price could decline heavily below the $210 and $202 support levels. Binance coin price is slowly moving lower from the $220 resistance against the US Dollar. The price is now trading below $215 and the 100 simple moving […]

Ethereum price is slowly moving lower toward the $1,585 support against the US dollar. ETH must clear the $1,650 resistance to start a recovery wave. Ethereum is struggling to stay above the $1,600 support zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming […]

Bitcoin price is struggling to rise above the $27,800 resistance zone. BTC could extend its decline if there is a clear move below the $27,200 support zone. Bitcoin is struggling to start a fresh increase above the $27,800 resistance zone. The price is trading below $27,700 and the 100 hourly Simple moving average. There was […]

On X, one trader going by the handle “CryptoJelleNL” is convinced that accumulating Bitcoin below $30,000 can be rewarding. The trader expects prices to not only expand towards all-time highs printed in 2021 at around $69,000 but break above $100,000 in the coming sessions.  Although the analyst didn’t give timelines, the “game plan remains the same,” acknowledging […]

Binance, the world’s largest cryptocurrency exchange, is currently grappling with challenges that have raised concerns about its credibility and market performance.  Recent reports by Forbes shed light on Binance’s initial coin offering (ICO) and the subsequent distribution of its native cryptocurrency, Binance Coin (BNB).  Behind The Curtain The investigation reveals allegations of undisclosed token retention, […]

A crypto wallet associated with Justin Sun, the co-founder of Tron, a smart contract platform, has moved 20,000 Ethereum (ETH) worth roughly $32.4 million from Lido Finance, a liquidity staking platform. Funds were transferred to Binance, the world’s largest crypto exchange, trading volume and client count. The transaction, executed in a single batch, was captured by […]

A crypto YouTuber has revealed his Bitcoin exit plans to the public, stating that he would only withdraw from the cryptocurrency once BTC reaches a staggering $142,000.  It is important to note that Bitcoin is presently trading below the $30,000 mark. Hence the popular YouTuber may have to wait a few years before leaving the […]

The Sui (SUI) Foundation has announced its latest initiative to strengthen its decentralized finance (DeFi) ecosystem, reclaiming 117 million SUI tokens worth $51.3 million from external market makers.  The tokens will be redirected into various channels to support the growth of the Sui Network. This Layer 1 blockchain has gained recognition for its scalability since its mainnet […]

On-chain data shows the Ethereum MVRV ratio is currently testing a level that has historically served as the boundary between bear and bull markets. Ethereum MVRV Ratio Is Retesting Its 180-Day SMA Right Now The “Market Value to Realized Value (MVRV) ratio” is an indicator that measures the ratio between the Ethereum market cap and […]