Archives par catégorie: Business

Ethereum (ETH) Price Prediction: Buy Signal With 78% Accuracy Flashes

Ethereum (ETH) Price Prediction: Buy Signal With 78% Accuracy Flashes

After Ethereum (ETH) once again failed to break the $2,000 level in the 1-day chart, the price has been on a downward slide in recent days. However, this could now change, as a historically accurate trend indicator shows. Crypto traders and analysts constantly seek reliable indicators to navigate the turbulent market. One such indicator gaining […]

Shiba Inu: Will This Bullish Formation Lead To A 25% Upsurge?

Shiba Inu: Will This Bullish Formation Lead To A 25% Upsurge?

Shiba Inu (SHIB) has recently caught the attention of traders and investors as it forms an ascending triangle pattern on the price chart. This technical pattern is characterized by higher lows, converging with a horizontal resistance level.  The current price of SHIB stands at $0.00000789, experiencing a meager 1% in increase in the last 24 […]

Tron Price Prediction: TRX Trades Near Key Juncture, Can It Rally Again?

Tron Price Prediction: TRX Trades Near Key Juncture, Can It Rally Again?

Tron price is consolidating near the $0.080 support against the US Dollar. TRX could outperform Bitcoin if the bulls stay active above $0.080. Tron is holding major support near $0.080 against the US dollar. The price is trading above $0.0805 and the 100 simple moving average (4 hours). There is a crucial bullish trend line […]

Ethereum Price Poised for Further Declines Unless this Level Gives Way

Ethereum Price Poised for Further Declines Unless this Level Gives Way

Ethereum price is recovering from the $1,830 zone against the US Dollar. ETH could extend its decline if it stays below the $1,880 resistance. Ethereum is slowly moving higher from the $1,830 zone. The price is trading below $1,870 and the 100-hourly Simple Moving Average. There is a short-term bullish rising channel forming with support […]

Bitcoin Price Could Recover But Upsides Might Be Attractive To Bears

Bitcoin Price Could Recover But Upsides Might Be Attractive To Bears

Bitcoin price is attempting a recovery wave above the $29,200 level. BTC must clear the $29,600 resistance to start a decent recovery wave. Bitcoin is consolidating above the $29,000 support zone. The price is trading below $29,600 and the 100 hourly Simple moving average. There is a short-term rising channel forming with support near $29,120 […]

Binance Pool’s Litecoin Hash Rate Falls 50%: What’s Next?

Binance Pool’s Litecoin Hash Rate Falls 50%: What’s Next?

As of July 25, on-chain data indicates that the hash rate dedicated to the Litecoin network for mining from Binance Pool, a platform focused on improving miners’ income, is down by over 50% in the past seven months. In crypto mining, hash rate is the cumulative computing power funneled to a proof-of-work network like Bitcoin, Litecoin, or […]

Tezos (XTZ) Loses Steam In Q2, Market Cap Drops 30% Following SEC Crackdown

Tezos (XTZ) Loses Steam In Q2, Market Cap Drops 30% Following SEC Crackdown

According to a recent report by crypto research firm Messari, Tezos has been progressing in its roadmap development, with several new features and upgrades being introduced to the network.  The platform’s core developers have announced a strategic shift to hybrid optimistic/zk rollups, with multiple teams committed to building rollups that will enable the platform to […]

Crypto Analyst Says It’s Time To Buy Dogecoin, Here’s Why

Crypto Analyst Says It’s Time To Buy Dogecoin, Here’s Why

Dogecoin remains one of the popular coins despite the crypto bear market and its resilience has seen it garner a significant following. And now, after a long and stretched-out downtrend, a crypto analyst has sounded the buy alarm for the meme coin, giving reasons for this. Time To Buy Dogecoin? According to a crypto analyst […]

Ducati Partners With Ripple, Prepares To Launch NFT Collection On XRP Ledger

Ducati Partners With Ripple, Prepares To Launch NFT Collection On XRP Ledger

Following a long-term interest in Web3, Ducati partnered with payment company Ripple and is set to launch its first non-fungible token (NFT) collection on the XRP Ledger this week. This step is the motorcycle company’s first venture into the Web3 space and blockchain technology. Ducati Delves Into Web3; Prepares To Launch First NFT Collection Ducati, […]

Fundstrat Predicts Bitcoin Will Reach $180,000 In 2024, But What’s The Catalyst?

Fundstrat Predicts Bitcoin Will Reach $180,000 In 2024, But What’s The Catalyst?

Bitcoin has been on the lips of many crypto investors and news outlets for the past few months as major investment companies like BlackRock look to bring on Spot Bitcoin ETFs. The world’s largest digital currency has also seen an increase in price in the past few months as a result of this, ranging around […]

Bitcoin Coinbase Premium Turns Red, US Institutions Disinterested?

Bitcoin Coinbase Premium Turns Red, US Institutions Disinterested?

Data shows the Bitcoin Coinbase Premium Gap has turned negative recently, a sign that large US-based investors may be selling currently. Bitcoin Coinbase Premium Gap Has Remained Near Neutral For A While Now As pointed out by an analyst in a CryptoQuant post, the interest from US investors in the asset has declined during the […]

UK Regulator To Enquire About Worldcoin, As WLD Declines By 17% One Day Post-Launch

UK Regulator To Enquire About Worldcoin, As WLD Declines By 17% One Day Post-Launch

UK data regulator, the Information Commissioner Office (ICO), has laid out intentions to probe the newly launched crypto project Worldcoin.  According to a report by Reuters on July 25, the ICO has taken notice of WorldCoin’s launch in the UK and will now proceed to “making further inquiries.” Launched on Monday, Worldcoin is an Ethereum-based […]

Worldcoin Founder’s Refusal To Answer Token Distribution Question Sparks Controversy

Worldcoin Founder’s Refusal To Answer Token Distribution Question Sparks Controversy

Worldcoin co-founder Alex Blania’s recent refusal to disclose the token’s distribution model has raised some eyebrows, including that of John Deaton, who has expressed his dismay at his action. Something Fishy With Worldcoin? A video surfaced on Twitter in which Alex Blania, during a recent Bankless interview alongside fellow co-founder Sam Altman, refused to respond […]

Here’s How Crypto Offers A Lifeline For This Bahamian Payment Company

Here’s How Crypto Offers A Lifeline For This Bahamian Payment Company

The Latin American region faces high costs and challenges of traditional settlements, as people sending money to their close ones have to deal with high rates of transfer, and a portion of the population still remains unbanked. However, in a recent development, the Bahamas payment company, Island Pay, is now incorporating cryptocurrency for remittance transactions […]

Ripple’s XRP Sales Jump Significantly In 2023, But Is This Bearish For The Altcoin?

Ripple’s XRP Sales Jump Significantly In 2023, But Is This Bearish For The Altcoin?

Ripple’s sales in 2023 have caused mixed feelings for members of the Ripple community, with many considering it bullish for the network while others see it as detrimental to XRP’s price action.  What Has Happened With Ripple’s Sales? Compared to 2022, Ripple sold 37% more XRP per month in 2023, and a recent tweet by […]

Will Bitcoin Rebound? This Metric May Be The One To Watch

Will Bitcoin Rebound? This Metric May Be The One To Watch

The on-chain analytics firm Santiment suggests that this indicator may be the one to watch to get hints about when Bitcoin might rebound. Large Stablecoin Holders Have Seen Stagnant Supply Recently According to Santiment, the movements of the dolphins and sharks of the top stablecoins like Tether (USDT) and USD Coin (USDC) may be relevant […]

Countdown To FOMC: What Bitcoin And Crypto Traders Must Brace For

Countdown To FOMC: What Bitcoin And Crypto Traders Must Brace For

As the eagerly anticipated Federal Open Market Committee (FOMC) meeting approaches, the financial world is abuzz with speculation about the potential implications for Bitcoin and crypto. Tomorrow, on Wednesday, July 26th, at 2 pm EST, the FOMC will announce its interest rate decision. As usual, Federal Reserve (Fed) chair Jerome Powell will face the media […]

Cardano TVL – A Crucial Factor For ADA Price Revival?

Cardano TVL – A Crucial Factor For ADA Price Revival?

Cardano has leaped considerably in the realm of DeFi activities, particularly in terms of Total Value Locked (TVL), despite the somewhat lackluster performance of ADA itself.  TVL refers to the total value of assets locked within various decentralized finance protocols and applications on the Cardano blockchain. An increasing TVL can have several positive implications for […]

Bitcoin Retreat Below $30,000: A Threat To Crypto’s 2023 Dominance Over Stocks?

Bitcoin Retreat Below $30,000: A Threat To Crypto’s 2023 Dominance Over Stocks?

As the year 2023 continues to unfold, Bitcoin’s retreat below the pivotal $30,000 mark raises questions about the overall strength and stability of the cryptocurrency market. Once, the crypto market held a significant lead over traditional stocks, according to Bloomberg. However, this advantage seems to be dwindling as Bitcoin – a leading market indicator – […]

Bitcoin Witnesses Historic Whale Exodus: What You Need To Know

Bitcoin Witnesses Historic Whale Exodus: What You Need To Know

Bitcoin whales are witnessing a historic exodus. @CryptoVizArt, a senior researcher at Glassnode has shed light on the significant shifts within the whale cohort in a new analysis. Bitcoin Whales’ Impact: Unveiling The Numbers In a remarkable revelation, the research highlights the substantial impact of whales on recent market activity. According to the data, “34% […]