Archives par catégorie: Business

Polkadot’s DOT is moving higher from the $5.0 support against the US Dollar. The price could rally if it clears the $5.30 and $5.40 resistance levels. DOT is slowly moving higher above the $5.15 resistance zone against the US Dollar. The price is trading above the $5.20 zone and the 100 simple moving average (4 […]

Bitcoin continues to dominate the market as it struggles to find a continued surge in price. In its latest weekly report, crypto exchange Bitfinex highlighted a key part of Ark Invest’s report to show growing support from strong holders and improved institutional sentiment toward Bitcoin.  As of early July, 70% of the existing Bitcoin supply […]

Bitcoin price is moving higher above the $30,500 level. BTC is showing signs of a fresh move toward the $31,000 resistance zone. Bitcoin is slowly moving higher above the $30,500 support zone. The price is trading above $30,400 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support […]

The United States Department of Justice (DOJ) announced on July 10 the unsealing of a four-count indictment against Soufiane Oulahyane for a scheme to impersonate the OpenSea marketplace to obtain unauthorized access to cryptocurrency and non-fungible tokens (NFTs).  Oulahyane, currently in custody in Morocco for foreign charges, allegedly has stolen approximately $450,000 worth of cryptocurrency […]

Over the past few days, the Ethereum price has remained relatively stable, with minor gains seen on the daily chart. Meanwhile, Bitcoin’s indecisiveness has resulted in slower movement for altcoins. Despite this, Ethereum has risen on its chart, although the technical outlook suggests low demand and accumulation due to reduced buying strength. Despite the fall […]

On July 6, 2023, the Multichain Protocol was hit by a massive hack, resulting in the loss of over $125 million worth of cryptocurrency. The attack targeted the protocol’s Fantom bridge, resulting in the theft of valuable crypto assets like WBTC, USDC, DAI, wETH, and Link.  The stolen funds amounted to a staggering $126 million, […]

New data from Kaiko on July 11 indicates that the correlation between Bitcoin and the Nasdaq Composite Index is at a two-year low. The correlation coefficient between these two assets dropped to less than 1% in early July. At this level, it is at July 2021 lows. The NASDAQ Composite Index tracks the performance of all […]

Litecoin price is now back under $100, locked within an ever tightening trading range. The lack of notorious cryptocurrency market volatility in LTCUSD in recent weeks is reminiscent of late 2016 and early 2017 — right before an epic 100x rally. With the signal back, does this mean that another sizable surge is ahead? A […]

An address associated with the Ethereum co-founder, Vitalik Buterin, has moved 2,013 ETH to OKX, a cryptocurrency exchange, Lookonchain, citing Etherscan data, on July 11 shows. According to on-chain data, the stash is currently valued at over $3.76 million and has not transferred any funds to a cryptocurrency exchange for the first time. Vitalik Buterin […]

At the beginning of July, Binance announced its latest collaboration with soccer superstar Cristiano Ronaldo. The partnership will launch a new non-fungible token (NFT) collection called “Forever CR7: The GOAT,” featuring 20 unique designs spread across four levels of rarity.  The collection will celebrate some of the most iconic moments from Ronaldo’s illustrious career, with […]

In a stunning development that has reverberated throughout the cryptocurrency community, a massive whale transaction involving $35 million worth of BNB deposits has sent shockwaves through the upcoming ARKM token sale on Binance.  Unveiling the Whale’s Enormous BNB Deposit for ARKM Token Sale Lookonchain, an on-chain smart money analytical platform, has shed light on this […]

MetaMask developer ConsenSys plans to deploy its layer-2 network, Linea, on the main Ethereum network this week. Linea incorporates the use of zero-knowledge (ZK) cryptography, which is regarded as one of the most significant blockchain trends of the year. Zero-knowledge (ZK) cryptography, provides more cost-effective and expedited blockchain transactions. This layer-2 network aims to improve […]

The Bitcoin and crypto prices are influenced by a complex web of factors and intertwined indicators. One such influential force is the U.S. Dollar Index (DXY), which has gained prominence as a vital gauge for Bitcoin and crypto investors. Over the past three years, BTC and the DXY have been mostly inversely correlated, except in […]

Data from Glassnode reveals that the structure of the current Bitcoin rally is looking similar to the genesis points of historical uptrends. Bitcoin Recovery Since November Lows Is Reminiscent Of Past Rallies In its latest weekly report, the on-chain analytics firm Glassnode has looked into how the current Bitcoin rally lines up against similar rallies […]

The crypto market outlook is positive today, July 11, as its cap shows a gain of 0.69% at the time of writing. But while the top assets struggle, Solana (SOL) shows impressive gains in the 24-hour and 7-day trends. At the time of writing, SOL has gained 6.07% in 24 hours and 14.52% in one week. […]

MATIC, the native token of the Polygon network, has witnessed a significant price gain in the last day, drawing much attention from investors. According to data by CoinMarketCap, MATIC gained by 10.44% over the last 24 hours, representing a better market performance than most top assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), etc. MATIC’s […]

While the Bitcoin price is currently stuck in a sideways trend, a few altcoins on the crypto market are currently showing a strong momentum. These three altcoins are currently attracting the attention of investors and traders alike: Shiba Inu (SHIB), Solana (SOL), and Polygon (MATIC). Let’s dive into the technical chart analysis of these altcoins […]

Paxful, founded in 2015, has established itself as one of the world’s prominent peer-to-peer Bitcoin marketplaces, with a strong mission to enable financial access for individuals globally. Boasting an extensive user base of 9 million and offering over 350 payment options, the platform has garnered substantial popularity. However, on July 7, Ray Youssef, the former […]

Standard Chartered, one of the world’s leading banks, has raised its long-term Bitcoin price forecast, predicting that the value of the flagship cryptocurrency could reach $120,000 by the end of 2024. This upward revision comes as the bank acknowledges the potential for miners to hold a larger share of the newly minted Bitcoin supply. With […]

Dogecoin (DOGE) experienced a substantial surge on the price chart towards the end of June. However, despite this notable increase, it failed to ward off the sellers who swiftly entered the market.  Can Dogecoin regain its momentum and rise again, or will it succumb to the mounting pressure from the bearish sentiment? Bitcoin (BTC) also […]