Archives par catégorie: Business

Futureverse, a metaverse infrastructure and content company, has received a $54 million investment round from Ripple and other investors to create an open, scalable, and interoperable infrastructure within the metaverse industry.  The company plans to roll up 11 metaverse infrastructure and content companies into a collaborative ecosystem, providing essential components for constructing any metaverse application. […]

Farouk Fatih Özer, the former CEO of the now-defunct crypto exchange Thodex, has been sentenced to seven months in jail. The executive was convicted for failing to submit the required documents to Turkey’s tax board. Thodex, which was once a prominent crypto exchange in Turkey, experienced an abrupt closure, leading its CEO, Farouk Fatih Özer, […]

Cathie Wood, the CEO of ARK Investment Management, has reaffirmed her bullish stance on Coinbase, one of the leading cryptocurrency exchanges, despite ARK’s recent sale of COIN stocks. Wood’s optimism comes in the wake of Ripple’s partial victory over the Securities and Exchange Commission (SEC) on July 13. This ruling, while not entirely in favor […]

Data shows that Litecoin whales have deposited a large amount of the asset to exchanges during the past day, a sign that may be bearish for LTC. Litecoin Whales Have Made Significant Exchange Inflows In 24 Hours According to data from the cryptocurrency transaction tracker service Whale Alert, several large transfers have taken place on […]

XRP, the native token of the Ripple network, has reportedly surpassed Bitcoin in trading volume on the weekly average. The digital asset, following a significant legal win last week, now claims 21% of all cryptocurrency trade volume over the last week. This achievement is just one of many in Ripple’s recent journey in the spotlight. […]

Despite Bitcoin’s current struggle to surpass the $30,000 mark, data analytics firm Glassnode earlier today reported that the asset’s realized capitalization has since been on an upward trajectory, nearing the $400 billion mark. Bitcoin Realized Cap Nears $400 Billion According to Data analytics firm Glassnode, Bitcoin’s Realized Cap is now inching closer to $400 billion, showing […]

After the launch of the mainnet on May 3, the SUI token fell into a deep downtrend, which has caused the price to drop by more than 87%. Low user numbers and poor on-chain data have severely clouded the outlook. However, a few days ago, there was a surprise that gave a big boost to […]

The Cross-Chain Interoperability Protocol (CCIP), designed for building cross-chain applications and services, has now launched for early access users on the Avalanche, Ethereum, Optimism, and Polygon blockchains. On July 20, the Chainlink protocol will become available to developers across the four blockchains’ testnets and also Arbitrum’s Goerli. As a result of this, the price of […]

Cryptocurrencies and the gaming industry have a new contender in Rollbit, and it has been making headlines over the past few days thanks to a slew of improvements to its blockchain technology. In a recent development, Rollbit disclosed its most current changes to the platform’s blockchain technology, propelling it to the forefront of the market. […]

Over the last week, the XRP token has dominated the headlines following Ripple’s partial court victory over the United States Securities and Exchange Commission (SEC).  On July 13, Judge Analisa Torres of the US District Court of the Southern District of New York ruled that XRP doesn’t qualify as a security leading to a massive […]

The Bitcoin price has fallen to the lower end of its almost one-month trading range between $29,800 and $31,300. Already yesterday, BTC briefly fell to as low as $29,704, only to recover to $30,306 within a few hours. At press time, BTC was again moving towards the $30,000 mark, and another fall and liquidity grab […]

Elon Musk has consistently proven to be a pivotal figure in cryptocurrencies, particularly Dogecoin (DOGE), his crypto of choice. His influence on DOGE has been nothing short of remarkable, with any mention or action from him causing significant fluctuations in its price. In the digital currency landscape, where DOGE has struggled to keep pace with […]

Ethereum price corrected further lower below the $1,900 level against the US Dollar. ETH is showing bearish signs and might decline further toward $1,825. Ethereum extended its decline and tested the $1,875 level. The price is trading below $1,930 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance […]

Chainlink’s LINK price is gaining pace above $7.00. The price could rise further if it clears the $7.35 and $7.50 resistance levels. Chainlink token price is showing positive signs and rising from $6.50 against the US dollar. The price is trading above the $7.00 level and the 100 simple moving average (4 hours). There is […]

Bitcoin price is again moving lower toward the $29,200 level. BTC must surpass $30,500 to attempt a fresh increase in the near term. Bitcoin is showing bearish signs and trading well below the $30,500 zone. The price is trading below $30,300 and the 100 hourly Simple moving average. There is a key bearish trend line […]

While most crypto market watchers remain focused on Bitcoin’s ongoing struggle with $31,000, Ethereum recently closed above the psychologically important $2000 level for the first time in weeks. Now poised to close lower for four straight days, let’s take an evidence-based approach and determine whether four consecutive days lower for Ether is historically bullish or […]

As one of the biggest stablecoins, USDC is one of the major players in the crypto industry. However, the stablecoins have seen better days, as the stablecoin has seen its market cap drop drastically over the past few months. The second-largest stablecoin has seen its market cap drop by over $1.4 billion in just the […]

Crypto exchange Binance has been the subject of intense regulatory scrutiny over the last few months and BNB has suffered as a result. Even now, as it seems the crypto exchange is beginning to find its footing once more amid regulatory wolves circling, its native token is still under immense selling pressure. This is evidenced […]

Bitcoin price is pulling back after a strong finish in the crypto market last week. However, this past Sunday night’s weekend close was also the close of the 4-week BTCUSD chart, which has potentially confirmed a high timeframe continuation pattern. If the continuation pattern is indeed valid, it could point to 3-6 months of an […]

Uniswap, the leading decentralized exchange (DEX), has announced the launch of UniswapX, a permissionless and open-source protocol for trading across automated market makers (AMMs) and other liquidity sources.  According to the announcement, UniswapX aims to improve self-custody swapping and grow on-chain trading by offering better prices through the aggregation of liquidity sources, gas-free swapping, protection […]