Archives par catégorie: Business

Over the last day, the price of the Polygon native token, MATIC, has been on the rise, pushed upward by a single upgrade proposal. With the proposal gaining traction, will the price continue to rise, and is it too late to buy MATIC? New Proposal To Change MATIC To POL In an interesting turn of […]

Circle, the company behind the USDC stablecoin, has recently laid off a portion of its workforce amid a turbulent year for the digital asset industry. According to the company, the recent layoffs aimed to maintain a strong balance sheet. And by streamlining its workforce and reducing costs, the company may be better positioned to weather […]

Token burns is an approach developed in response to price volatility and intensified competition in the cryptocurrency market. It represents the speed at which tokens are permanently taken out of circulation. Token burning, known as the Shiba Inu burn rate, is one of the pivotal aspects greatly influencing the financial dynamics of Shiba Inu. It’s […]

On-chain data shows the Bitcoin “Market Value to Realized Value” (MVRV) is at a critical level currently. Will a bullish breakout take place? Bitcoin MVRV Ratio Is Retesting The 1.5 Level Right Now As pointed out by an analyst in a CryptoQuant post, the BTC MVRV ratio has been around a critical level recently. The […]

Following the bearish wave which has swept across the crypto market today, the KAVA token has experienced a significant fall in its market price. According to data from CoinMarketCap, KAVA is currently down by 10.90%, representing the biggest loss of the day. In general, the total crypto market cap is down by 0.31%, with the […]

The price of PEPE coin has experienced a significant decline, plummeting over 60% since reaching its peak on May 5. This substantial downturn has dealt a heavy blow to optimistic investors who were aiming to capitalize on their impressive triple-digit profits from June.  The latest insights from on-chain data suggest massive whale movement. In light […]

In a jaw-dropping discovery that has sent shockwaves through the Shiba Inu community, a dormant whale has emerged from hibernation. This anonymous early investor, who holds a staggering 10.15% of the total SHIB supply, has recently made significant moves, causing speculation within the community. The whale, identified by his address “0x140”, has been dormant for […]

Mike Novogratz, founder of Galaxy Digital Holdings Ltd., recently gave his views about Bitcoin’s future and the anticipated approval of Bitcoin exchange-traded funds (ETFs) in the US, providing a glimpse into what might be in store for the world of crypto. Novogratz’s insights, shared during an interview on Bloomberg TV, come at a crucial time […]

Shiba Inu (SHIB) has made significant strides in the digital asset market, currently holding a market capitalization of over $4.4 billion. This remarkable achievement has propelled SHIB to claim the 18th position among the largest cryptocurrencies. Over the course of the past month, SHIB has witnessed a substantial increase in market capitalization. From June 13 […]

Within the last 24 hours, Bitcoin and the entire crypto market are experiencing a slight downturn, leaving investors wondering about the reasons behind this dip. Bitcoin briefly rose to $31,009 before falling to 30,254 within a few hours. Ether (ETH) rose to over $1,900, only to drop back to $1,868. CPI Data And The Anticipation […]

Ethereum price failed again to clear the $1,900 resistance against the US Dollar. ETH is declining and might revisit the $1,825 support zone. Ethereum topped near the $1,900 resistance and declined. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support […]

Bitcoin price failed to gain bullish momentum after the US CPI release. BTC is trading below $30,500 and there is a risk of a drop toward $29,850. Bitcoin failed to clear the $30,850 resistance and reacted to the downside. The price is trading below $30,500 and the 100 hourly Simple moving average. There was a […]

Litecoin has seen one of the most impressive runs of any cryptocurrency over the last couple of weeks and this run has propelled the altcoin’s standing in the industry. After rallying more than 30% over a period of three weeks, the digital asset is now the 10th-largest cryptocurrency in the space. LTC’s Market Cap Crosses […]

Over the past week, the Chainlink price has been hovering around its local support level, as altcoins have displayed similar indecisiveness in response to broader market sentiment. However, in the last 24 hours, Bitcoin and LINK experienced slight gains on their charts. LINK saw a 1.5% increase, and its weekly chart indicated consolidation. The altcoin’s […]

Bitcoin mining is a topic that keeps popping up recently on the news concerning the crypto industry. And Vanguard, one of the world’s largest investment firms, has joined in on the action, as it has increased its stake in Bitcoin mining stocks to over half a billion dollars. Vanguard Buys More Bitcoin Mining Stocks When […]

Tether, one of the largest stablecoin issuers, has recently made a significant move in the cryptocurrency market. With the release of an additional 1 billion USDT on the Ethereum and TRON networks, Tether aims to solidify its market dominance and enhance its interoperability. Whale Alert, an on-chain analytics account known for monitoring significant cryptocurrency transactions, […]

A significant development has emerged in the ongoing saga surrounding the defunct criminal online marketplace Silk Road. On-chain data suggest that a massive amount of funds tied to the marketplace is on the move, with more than 9,000 Bitcoin (BTC) recently transferred from two Silk Road-related addresses. The addresses in question are suspected to have been […]

Data shows Bitcoin has been stuck in a historically tight 14-day range recently, something that has decompressed into big moves in the past. Bitcoin 14-Day Range Has Been Extremely Narrow Recently According to data from the analytics firm Glassnode, the 14-day range has only been narrower than now during less than 2% of the cryptocurrency’s […]

FTT, the native token of the controversial FTX ecosystem, has been pumping lately. This recent price upswing was triggered by the launch of a customer claims portal, an online platform for customers to access their account information and submit electronic proof of claims in FTX’s restructuring proceedings.  Although the portal became unavailable barely an hour […]

Conflux (CFX) has recently recorded a significant price rise following a few days of bearish movements. According to data from CoinMarketCap, CFX has gained by 11.39% in the last 24 hours, emerging as the day’s top gainer. So what’s driving this price gain? Bank of China Announces SIM Card NFC Payments, Sparks Excitement In The […]