Archives par catégorie: Business

Chainlink Sees 296% Jump In Large Transactions As Active Addresses Rise 14.7%, What’s Going On?

Chainlink Sees 296% Jump In Large Transactions As Active Addresses Rise 14.7%, What’s Going On?

Chainlink whales are once again on the move in what seems to be a general reawakening. Large transactions on the blockchain network have ballooned recently, alongside a drastic increase in active addresses, hinting at a notable development. Therefore, in this report, we take a look at the significant increase in whale transactions and active addresses, […]

Ethereum Gains On Bitcoin Following Fed Rate Cut: Altseason Soon?

Ethereum Gains On Bitcoin Following Fed Rate Cut: Altseason Soon?

Ethereum (ETH) price has outshined Bitcoin (BTC) over the last week since the US Federal Reserve (Fed) slashed interest rate by 50 basis points (bps) on September 18, 2024. Ethereum Gains On Bitcoin, Prelude To Altseason? Ethereum has had an impressive last few days as far as its price action is concerned. ETH has surged […]

Cardano (ADA) Reclaims Top 10 Crypto Spot, Analysts Set New Targets

Cardano (ADA) Reclaims Top 10 Crypto Spot, Analysts Set New Targets

Cardano (ADA) has seen a remarkable performance over the week, surging over 10% and reentering the top ten cryptocurrencies by market capitalization list. Its recent price action has fueled a bullish sentiment among investors and market watchers, who believe the token might be near a rally toward $1. Cardano Breaks Out To Reclaim Top 10 […]

Bitcoin Could Top At $400,000 Based On This Model, Analyst Says

Bitcoin Could Top At $400,000 Based On This Model, Analyst Says

An analyst has explained how the next Bitcoin top could be situated around $400,000, if this model for the asset’s price continues to hold. Bitcoin Long-Term Power Law Could Reveal Possible Location Of Next Top In a new post on X, analyst Ali Martinez has talked about what the Long-Term Power Law could say about […]

Bitcoin Held For Years Are Now On The Move, Is This A Signal For Caution?

Bitcoin Held For Years Are Now On The Move, Is This A Signal For Caution?

Recently, a significant movement of older Bitcoin holdings has been observed on the network, sparking discussions about potential selling pressure in the market. This activity, as shown in data by the on-chain analytics platform CryptoQuant, has led to analysts advising “extreme caution” in the face of this development. Old Bitcoin On The Move: A Signal for Caution? […]

XRP Price Remains in Range: Can It Escape the Consolidation?

XRP Price Remains in Range: Can It Escape the Consolidation?

XRP price is still consolidating above the $0.5785 support. The price must clear the $0.5950 and $0.6050 resistance levels to gain bullish momentum. XRP price is still trading below the $0.600 resistance zone. The price is now trading above $0.590 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend […]

Bitcoin’s Puell Multiple Dips Into Bullish Territory: Is A Breakout Coming?

Bitcoin’s Puell Multiple Dips Into Bullish Territory: Is A Breakout Coming?

The Bitcoin Puell Multiple, a key on-chain metric used to assess the profitability of Bitcoin miners, is currently signaling a potential bullish reversal for the leading cryptocurrency. According to a CryptoQuant analyst under the pseudonym Darkfost, this metric has recently dipped into the “green zone,” a signal historically associated with upward price movements for Bitcoin. […]

Cardano (ADA) Jumps 10%: Is a $0.50 Retest on the Horizon?

Cardano (ADA) Jumps 10%: Is a $0.50 Retest on the Horizon?

Cardano price started a decent increase above the $0.3620 resistance. ADA is now showing positive signs and might rise further toward $0.420. ADA price started a recovery wave from the $0.3420 level. The price is trading above $0.380 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at […]

BNY Mellon Moves Forward With Bitcoin Custody Services Following SEC Exemption

BNY Mellon Moves Forward With Bitcoin Custody Services Following SEC Exemption

Bank of New York Mellon (BNY Mellon) is making significant strides toward launching custody services for Bitcoin (BTC) and Ethereum (ETH), following its recent exemption from the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121.  As previously reported by Bitcoinist on Friday, BNY Mellon is the first bank to receive this exemption, allowing […]

Ethereum Price Poised for a Comeback: Can It Break $2,700?

Ethereum Price Poised for a Comeback: Can It Break $2,700?

Ethereum price is holding gains above the $2,650 resistance. ETH is now consolidating gains and might aim for more gains above $2,700. Ethereum is aiming for more upsides above the $2,700 resistance. The price is trading above $2,620 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $2,620 […]

Ethereum ETFs See Largest Outflows Since July: Is Waning Institutional Demand Hurting ETH?

Ethereum ETFs See Largest Outflows Since July: Is Waning Institutional Demand Hurting ETH?

Ethereum (ETH) exchange-traded funds (ETFs) posted the largest outflows since July 2024, with $79.2 million leaving the market on Monday, according to data from SoSoValue. Ethereum ETFs Continue To Underperform Despite the highly-anticipated and strong start for Ethereum ETFs in July 2024, the latest crypto-based ETFs have, thus far, failed to sustain institutional interest. The […]

Bitcoin Prediction: Crypto Pundit Reveals Why $100,000 Is The Nominal Price Level For 2025

Bitcoin Prediction: Crypto Pundit Reveals Why $100,000 Is The Nominal Price Level For 2025

Optimism about the Bitcoin future outlook remains strong, with a crypto analyst forecasting a massive $100,000 price increase for the pioneer cryptocurrency. With expectations of an even greater price surge, the analyst believes that a $100,000 ATH for Bitcoin in 2025 is a nominal price target. Why Bitcoin Will Rise To $100,000 In 2025 Luke […]

Bitcoin Price Targets Higher Levels: Can the Momentum Hold?

Bitcoin Price Targets Higher Levels: Can the Momentum Hold?

Bitcoin price is again rising above the $63,800 resistance. BTC could gain pace if it clears the $64,750 resistance zone and then $65,000. Bitcoin is aiming for more gains above the $64,800 zone. The price is trading above $63,650 and the 100 hourly Simple moving average. There was a break above a short-term contracting triangle […]

Bitcoin MVRV Ratio Is At A Critical Retest: Can Bulls Triumph?

Bitcoin MVRV Ratio Is At A Critical Retest: Can Bulls Triumph?

On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Ratio of the short-term holders is currently making a retest that could prove significant for BTC’s price. Bitcoin STH MVRV Ratio Is Retesting Its 155-Day MA Right Now As explained by on-chain analyst Checkmate in a new post on X, the short-term holder MVRV […]

Meme Coin Trader Turns $800 Into Over $1.3 Million After Aping on MooDeng

Meme Coin Trader Turns $800 Into Over $1.3 Million After Aping on MooDeng

Some top coins of Solana, Bitcoin, and even Ethereum are edging higher. However, while holders are barely up double digits over the past week, a meme coin trader on Solana is swimming in profits at spot rates. MooDeng Trader Turns $800 To $1.3 Million According to Arkham, a blockchain intelligence platform, the trader, who got […]

Shiba Inu Symmetrical Triangle Pattern Reappears, Why A 200% Rally Is Possible

Shiba Inu Symmetrical Triangle Pattern Reappears, Why A 200% Rally Is Possible

Shiba Inu (SHIB) may be on its way to reclaim former price highs, as a crypto analyst identified as the ‘Charting Guy’ has confirmed the reappearance of a unique symmetrical triangle pattern on the SHIB price chart. A breakout from this symmetrical triangle could see Shiba Inu potentially rallying above 200% from its current price.  […]

Popcat Climbs By 35% – $1 Target Within Reach

Popcat Climbs By 35% – $1 Target Within Reach

Popcat (POPCAT) is spearheading the movement to bring attention to Solana’s memecoins. Many of these projects are proving the critics wrong, despite others doubting their “shelf life.” In the wake of Bonk’s ascent and its intention to introduce a Bonk ETP, Popcat has gained attention due to its most recent performance. Notably, CoinCodex has taken […]

SUI Price Sits 40% Below All-Time High As TVL Approaches $1 Billion

SUI Price Sits 40% Below All-Time High As TVL Approaches $1 Billion

SUI has recently emerged as one of the top-performing altcoins, posting an impressive 120% surge since early September.  This rapid price increase has captured the attention of both investors and analysts, as data from DefiLlama reveals that SUI’s Total Value Locked (TVL) is approaching the $1 billion mark. The rising TVL has fueled speculation that […]

XRP Remains Bullish: Crypto Experts Unveil Predictions For The Price

XRP Remains Bullish: Crypto Experts Unveil Predictions For The Price

Crypto experts have unveiled their bullish XRP price predictions despite the crypto’s stagnant price action. One factor that could contribute to this projected rally is the SEC Ripple appeal deadline which is fast approaching. If there is no appeal, it will ultimately end the long-running lawsuit which has bordered on XRP.  Crypto Experts Reveal Their […]

Massive XRP Rally Incoming? Analyst Predicts 220% Price Jump – Details

Massive XRP Rally Incoming? Analyst Predicts 220% Price Jump – Details

Veteran bitcoin trader Bitlord recently made a strong call implying XRP is about to experience a big price surge. He claims the coin is “ripe” for a parabolic action that might make investors quite profitable. XRP might see a significant price ascent, even if it lags behind other leading cryptocurrencies in recent increases. With a […]