Archives par catégorie: Business

Bitcoin Analysis: Why 2024 Will Be The Highest Returning Year This Cycle

Bitcoin Analysis: Why 2024 Will Be The Highest Returning Year This Cycle

In a recent comprehensive report by Capriole Investments, Charles Edwards presents a compelling case for why 2024 will be a pivotal year for Bitcoin, potentially offering the highest returns in its current four-year cycle. The report delves into multiple facets of Bitcoin’s future, including its role as an inflation hedge, the upcoming Halving event, and […]

BNB Road To Recovery: Can It Thrive Amid Declining Network Engagement?

BNB Road To Recovery: Can It Thrive Amid Declining Network Engagement?

Binance Coin (BNB) finds itself in a precarious position, with its price rebound heavily contingent on a resurgence in network activity for BNB Chain. The decline in network activity has played a pivotal role in hindering price momentum for BNB, leaving investors and enthusiasts eager for a turnaround. BNB’s recent price action has been characterized […]

Tron Price Prediction: TRX Regains Strength As The Bulls Aim $0.10

Tron Price Prediction: TRX Regains Strength As The Bulls Aim $0.10

Tron price is gaining pace above $0.0780 against the US Dollar. TRX is outperforming Bitcoin and could rally further above the $0.0800 resistance. Tron is moving higher above the $0.0750 pivot level against the US dollar. The price is trading above $0.078 and the 100 simple moving average (4 hours). There was a break above […]

Ethereum Price is Showing Early Signs of Fresh Rally But $1,670 is the Key

Ethereum Price is Showing Early Signs of Fresh Rally But $1,670 is the Key

Ethereum price is eyeing an upside break above $1,650 against the US Dollar. ETH could gain bullish momentum if it clears $1,650 and $1,670 in the near term. Ethereum is slowly moving higher above the $1,620 support zone. The price is trading above $1,640 and the 100-hourly Simple Moving Average. There is a key bullish […]

Bitcoin Price Attempts Recovery But Here’s Why Its Path Is Fill With Challenges

Bitcoin Price Attempts Recovery But Here’s Why Its Path Is Fill With Challenges

Bitcoin price is slowly moving higher above $26,000. BTC is showing signs of recovery but is still struggling to clear the $26,500 resistance zone. Bitcoin is up 2% and trading above the $26,000 resistance zone. The price is trading well above $26,000 and the 100 hourly Simple moving average. There was a break above a […]

Bitcoin Drop Before Halving Expected, Will It Get Worse In September?

Bitcoin Drop Before Halving Expected, Will It Get Worse In September?

Benjamin Cowen, an analyst and founder of Into The Cryptoverse, thinks Bitcoin will likely maintain a downside trajectory in September ahead of next year’s halving. Pointing to the coin’s performance and comparing it to how Bitcoin has faired over the years, the analyst predicts doom for the world’s most valuable cryptocurrency. Bitcoin is trading at […]

JPMorgan Adjusts Bitcoin’s Production Cost: What This Means For BTC And Its Miners?

JPMorgan Adjusts Bitcoin’s Production Cost: What This Means For BTC And Its Miners?

Recent adjustments by JPMorgan in its estimation of Bitcoin’s production costs have garnered attention. Previously standing at $21,000, JPMorgan’s revised Bitcoin production cost has now been pegged at $18,000. This move is closely tied to the Cambridge Bitcoin Electricity Consumption Index’s (CBECI) decision to update its methodology, highlighting the interconnectedness of financial analyses and industry […]

Binance To Refund Users $1 Million In USDT Following CyberConnect Incident

Binance To Refund Users $1 Million In USDT Following CyberConnect Incident

Binance, one of the leading cryptocurrency exchanges, has recently decided to refund users $1 million USDT (Tether) following an incident related to the CyberConnect (CYBER) token.  The refund aims to compensate users affected by a price discrepancy on listed CYBER tokens due to liquidity constraints on the Korean cryptocurrency exchange Upbit. Binance Addresses CyberConnect Woes As […]

Cardano Announces Warp Transactions, ADA Remains Stuck In Ranging Market

Cardano Announces Warp Transactions, ADA Remains Stuck In Ranging Market

Strica, a company working on solutions and use cases for the Cardano blockchain, unveiled a new feature for the smart contract platform via their wallet, Warp Transactions.  According to an official press release, described as a “game changer for token transfers,” Warp Transactions were created to ease the burden of transaction fees paid when sending […]

Polygon Foundation Refutes Claims Of Dumping MATIC On Binance – Here’s What Happened

Polygon Foundation Refutes Claims Of Dumping MATIC On Binance – Here’s What Happened

Blockchain analytics site Lookonchain flagged recent transactions of two on-chain addresses allegedly owned by the Polygon Foundation. The platform reported that one of these wallet addresses had transferred large amounts of MATIC – the Polygon network’s native token – to Binance in the past two days. According to Lookonchain, the two addresses, tagged as  “Polygon […]

Make Or Break: Bitcoin Fate Hangs On The Edge Of The 200-Week EMA

Make Or Break: Bitcoin Fate Hangs On The Edge Of The 200-Week EMA

Bitcoin (BTC) has officially dipped below the $26,000 level and is currently trading at $25,800, which coincides with its 200-week Exponential Moving Average (EMA). This EMA has served as a crucial support level, as it played a role in Bitcoin’s rebound on June 15, leading to its yearly high of $31,800. Bitcoin Consolidation Conundrum The […]

Bitcoin Could Decline Further Before A Rebound, Here’s Why

Bitcoin Could Decline Further Before A Rebound, Here’s Why

The pattern of an on-chain metric may suggest that Bitcoin could see more downside ahead before a rebound is found. Bitcoin STH SOPR Hasn’t Hit The Bottom Zone Yet An analyst in a CryptoQuant Quicktake post explained that the BTC short-term holders are selling at a loss. The relevant indicator here is the “Spent Output […]

Korean Finance Giant Partners With Polygon Labs, Can It Push MATIC Above $1?

Korean Finance Giant Partners With Polygon Labs, Can It Push MATIC Above $1?

A major Korean finance powerhouse, Mirae Asset Securities, has joined hands with a popular blockchain network, Polygon. This partnership has ignited curiosity about how it might impact the price of Polygon’s native cryptocurrency, MATIC.  Top Financial Organizations Join Forces With Polygon To Create Tokenized Securities Network In the early hours of today, September 7, 2023, South […]

XRP Bulls On The Horizon: Could A Breakout Push Prices Above $0.6?

XRP Bulls On The Horizon: Could A Breakout Push Prices Above $0.6?

XRP has been navigating turbulent waters in recent months. After reaching a high of $0.936, the coin took a nosedive to hit the $0.5 mark, leaving investors in a state of uncertainty.  With a current price of $0.502574 according to CoinGecko, XRP is experiencing a minor 0.3% decline in the last 24 hours, contributing to […]

Chainlink Price Prediction For September: Buy LINK Now?

Chainlink Price Prediction For September: Buy LINK Now?

Chainlink (LINK) has been a standout in the crypto market recently, registering an 11% increase over the past six days, even as the broader crypto market sentiment remains subdued. Will Uptober Start Early For Chainlink? A significant factor that might be driving this price action is the behavior of LINK’s major holders. On-Chain analysis firm, […]

Pepe Coin Fall From Grace: What’s Turning The Whales Away?

Pepe Coin Fall From Grace: What’s Turning The Whales Away?

Popular meme coin PEPE has recently come under the spotlight due to significant whale activity that has left many investors concerned about its future. Large holders of PEPE tokens have been selling their holdings at a loss, leading to increased market uncertainty.  A recent report notes the meme coin’s price movements are strongly influenced by […]

Is Bitcoin A Buy Or Sell? Ark Invest Shares Market Analysis

Is Bitcoin A Buy Or Sell? Ark Invest Shares Market Analysis

In its new monthly report titled “The Bitcoin Monthly: Bitcoin Battles Resistance Around Its On-Chain Mean”, Ark Invest has provided an exhaustive analysis of the current market landscape. The report categorizes its findings into bullish, neutral, and bearish perspectives, providing a holistic view of Bitcoin’s current and potential future stance. Bullish Arguments For Bitcoin Grayscale […]

Ethereum Price Could See Lift-off Unless This Support Gives Way

Ethereum Price Could See Lift-off Unless This Support Gives Way

Ethereum price is eyeing an upside break above $1,650 against the US Dollar. ETH must stay above $1,600 to start a fresh increase in the near term. Ethereum is slowly moving higher from the $1,620 support zone. The price is trading above $1,632 and the 100-hourly Simple Moving Average. There is a connecting bullish trend […]

XRP Price Prediction – Breaking This Confluence Resistance Could Spark Recovery

XRP Price Prediction – Breaking This Confluence Resistance Could Spark Recovery

Ripple’s token price is holding the $0.485 support against the US Dollar. XRP price could start a recovery wave if it clears $0.510 and $0.525. Ripple’s token price is struggling to recover above $0.510 and $0.525 against the US dollar. The price is now trading below $0.520 and the 100 simple moving average (4 hours). […]

Bitcoin Bulls Continues To Struggle, Here’s Why Upsides Could Be Limited

Bitcoin Bulls Continues To Struggle, Here’s Why Upsides Could Be Limited

Bitcoin price is still consolidating above $25,500. BTC might attempt an upside correction, but upsides might be limited above the $26,200 resistance. Bitcoin is still trading in a range above the $25,500 support zone. The price is trading below $26,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming […]