Archives par catégorie: Business

History Repeating? Dogecoin Monthly Chart Signals Massive Rally

History Repeating? Dogecoin Monthly Chart Signals Massive Rally

Dogecoin, the popular meme coin, is making waves once again. A recent tweet by renowned analyst Ali Martinez has made waves in the crypto community, hinting at the potential for a significant rally for DOGE. In a Twitter post that quickly gained traction, Martinez highlighted an intriguing pattern on the monthly chart of Dogecoin. According […]

Ethereum Price Hints At Potential Short-term Downtrend, Sell Rallies?

Ethereum Price Hints At Potential Short-term Downtrend, Sell Rallies?

Ethereum price is struggling to clear the $1,900 resistance against the US Dollar. ETH could gain bearish momentum if there is a close below $1,850. Ethereum is showing bearish signs below the $1,920 level. The price is trading below $1,900 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]

Bitcoin Cash Price Could Restart Rally To $300 If It Breaks This Resistance

Bitcoin Cash Price Could Restart Rally To $300 If It Breaks This Resistance

Bitcoin Cash price started a downside correction and tested $230 against the US Dollar. BCH might aim a fresh rally toward the $280 and $300 levels. Bitcoin cash price is consolidating above the $230 level against the US Dollar. The price is trading below $255 and the 100 simple moving average (4 hours). There was […]

MATIC Bullish Momentum Shows Signs Of Weakening: Key Levels To Monitor

MATIC Bullish Momentum Shows Signs Of Weakening: Key Levels To Monitor

MATIC, following a notable price pullback that briefly dipped to $0.53, has encountered a slowdown in its bullish momentum. Over the past 24 hours, the altcoin witnessed a decrease of around 1.5% in its value, with weekly losses amounting to 4.8%. Currently, MATIC is hovering around a critical support level. This indicates that bears might […]

Bitcoin Price Plunges After Rejection, Here’s Why Bears Aim Fresh Lows

Bitcoin Price Plunges After Rejection, Here’s Why Bears Aim Fresh Lows

Bitcoin price is moving lower from the $30,350 level. BTC is showing bearish signs and might decline further toward the $29,650 and $29,500 support levels. Bitcoin is moving lower below the $30,000 pivot level. The price is trading below $30,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming […]

Bitcoin (BTC) Address Dormant For More Than 11 Years Moves $31 Million In BTC

Bitcoin (BTC) Address Dormant For More Than 11 Years Moves $31 Million In BTC

After over 11 years of inactivity, a dormant Bitcoin address containing $31 million in BTC suddenly came to life recently. On July 22, 2023, the address transferred its entire balance to a new address. Early BTC Address Comes Back To Life Bitcoin has been around since 2009, so there are dormant addresses that have been […]

SEC Potential Appeal To Yield Little Effect On XRP, Crypto Lawyer Says

SEC Potential Appeal To Yield Little Effect On XRP, Crypto Lawyer Says

Prominent Pro-XRP lawyer John E. Deaton has downplayed the potential effects of an appeal by the United States Securities And Exchange Commission (SEC) in its ongoing case against Ripple on the sale of the XRP token as an unregistered security.  SEC Nudges At Possible Appeal Against Ripple Ruling On July 13, U.S. Judge Analisa Torres […]

XRP Sluggish: Unraveling The Factors Behind Its Gradual Weakening

XRP Sluggish: Unraveling The Factors Behind Its Gradual Weakening

The XRP community is struggling with a significant rise in profit-booking actions due to repeated attempts at smashing through the unbreakable $0.85 resistance barrier, resulting in a severe loss of traction for the Ripple altcoin price. The market is now anxiously awaiting the answer to the crucial question: Will the bullish forces muster enough strength […]

Bitcoin Will Reach $175,000 If Prices Break Above This Rising Channel, Trader Claims

Bitcoin Will Reach $175,000 If Prices Break Above This Rising Channel, Trader Claims

Bitcoin’s six-year range inside a rising channel has drawn the attention of a curious but optimistic analyst. Previewing the price chart shows that the coin has been in range over the years, capturing all of its volatility. Despite occasional dumps and pumps, the structure is yet to be broken.  By the time the screenshot was shared on […]

From Polygon NFT Wins To MATIC Gains: Understanding The Connection

From Polygon NFT Wins To MATIC Gains: Understanding The Connection

Polygon has recently witnessed a remarkable surge in its non-fungible tokens (NFTs) sales volume and the influx of sellers participating in this burgeoning market. This growth in the NFT sector has sparked considerable interest and speculation among investors, prompting many to ponder the potential impact it may have on the price of MATIC, the native […]

Maker (MKR) Surges 26% In A Week As Token Buyback Program Goes Live

Maker (MKR) Surges 26% In A Week As Token Buyback Program Goes Live

In the past week, Maker (MKR) token has captured significant attention in the crypto market, surging an impressive 26%. This remarkable price action coincides with the introduction of a groundbreaking token buyback program by the leading decentralized finance (DeFi) lending platform, MakerDAO. As the DeFi ecosystem continues to expand, Maker (MKR) stands out as one […]

How Did Shiba Inu Price React To 3 Trillion SHIB Investor Accumulation?

How Did Shiba Inu Price React To 3 Trillion SHIB Investor Accumulation?

Shiba Inu (SHIB) has emerged as a force to be reckoned with in the digital asset landscape despite the lack of significant bullish momentum in the past few weeks. However, recent events have catapulted this canine-inspired cryptocurrency into the spotlight, as an astonishing 3 trillion SHIB tokens were accumulated by investors.  Cryptocurrencies are renowned for […]

Ethereum (ETH) Records Highest CEX Inflows In 2 Months

Ethereum (ETH) Records Highest CEX Inflows In 2 Months

Over the past week, Ethereum (ETH) registered the highest inflows into centralized exchanges (CEX) in the past two months. These significant asset movements have suggested a potential price dip for ETH. CoinGecko data shows that the second-largest cryptocurrency has been experiencing a slight price decline, losing 2.5% of its value in the past week. As […]

Dogecoin Becomes 8th-Largest Cryptocurrency After Adding $1 Billion To Market Cap

Dogecoin Becomes 8th-Largest Cryptocurrency After Adding $1 Billion To Market Cap

Dogecoin continues to cement itself as the largest meme coin by market cap, displaying signs of renewed enthusiasm every so often. This week, the meme-inspired cryptocurrency added over $1 billion to its market cap, making it the 8th-largest crypto. This was a result of Dogecoin’s surge of over 10%, boosting its market cap to more […]

South Park’s Kenny Powers Up: Meme Coin Raises Over $400,000 In Market Cap On Presale

South Park’s Kenny Powers Up: Meme Coin Raises Over $400,000 In Market Cap On Presale

South Park’s Kenny McCormick may be perpetually doomed, but his latest venture in the world of cryptocurrency is anything but. Burn Kenny, the new hilariously irreverent meme coin has raised over $400,000 in market cap on its presale, leaving fans excited for what’s to come.  Inspired by the beloved South Park character, Burn Kenny is […]

Bitfinex Hackers Surrender: Couple Agrees to Forfeit 120,000 Bitcoin in Plea Deal

Bitfinex Hackers Surrender: Couple Agrees to Forfeit 120,000 Bitcoin in Plea Deal

An American couple accused of laundering billions of dollars worth of Bitcoin stolen from the 2016 hacking of virtual currency exchange Bitfinex has entered into a plea agreement, according to court records reported by Reuters.  Heather Morgan, who used the hip-hop alias “Razzlekhan” to push her music online, and her husband Ilya Lichtenstein were arrested […]

Ethereum Daily Users Plunge Amid Declining Network Revenue

Ethereum Daily Users Plunge Amid Declining Network Revenue

The second quarter of 2023 brought significant challenges for the Ethereum network as its revenue experienced a sharp decline. Ethereum network revenue plummeted from $1.27 billion to $847 million during Q2, representing a staggering 33.3% drop.  The network revenue for Ethereum encompasses all transaction fees paid by users to Ether validators, as well as the […]

Coinbase Exchange Tells Borrowers That They Have Four Months To Pay Back

Coinbase Exchange Tells Borrowers That They Have Four Months To Pay Back

Coinbase, America’s largest crypto exchange, is winding down its Borrow program and has given borrowers four months to repay their loans.  Coinbase To Shut Down Borrow Program The Coinbase Borrow program allowed eligible Coinbase customers in certain US states to borrow up to $1 million worth of US dollars by putting up bitcoin or other […]