Archives par catégorie: Business

Bitcoin price extended its decline and spiked below $30,000. BTC is showing a few bearish signs and might extend its decline toward the $28,400 support zone. Bitcoin is moving lower below the $30,500 support zone. The price is trading below $30,300 and the 100 hourly Simple moving average. There was a break below a key […]

John Deaton, a pro-XRP lawyer, recently made some statements regarding the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Deaton believes that if Ripple loses to the SEC, no money may be collected for years, and only if Ripple loses on appeal.  However, he also believes that if the Supreme […]

On Wednesday, an interview with BlackRock CEO Larry Fink went viral in which the CEO called Bitcoin an international asset. Not only that, Fink also pointed toward digital assets such as Bitcoin as being a way to digitize gold on the blockchain. This statement from the CEO has since been interpreted in various ways to […]

Chainlink (LINK) was among a subset of cryptocurrencies that made a lower low on daily timeframes recently. A lower low is indicative of a continued downtrend and weakness at support. However, on higher timeframes, technical tell a very different story — one of possible strength building. In fact, a signal has appeared that the last […]

Institutional interest in cryptocurrencies such as Bitcoin has been increasing in the past few months, with mainstream interest in the cryptocurrency industry. As a result, the largest crypto, Bitcoin, exploded in the first half of 2023, as its trading volume on various exchanges crossed $4.2 trillion.  Bitcoin Sees Highest Trading Volume In March According to […]

According to the latest report by Hashrate Index, a website for Bitcoin mining data and metrics, the UAE is now becoming a growing destination for Bitcoin miners, especially in the Middle East.  Bitcoin Miners Look For Greener Pastures Bitcoin miners have faced issues in popular Bitcoin mining countries like China and Kazakhstan in recent years. […]

Ethereum’s price seems to have been following Bitcoin’s, but recent large transactions suggest it may soon move independently. Whale Alert reported a sum of 25,264 ETH, roughly valued at around $48 million, was moved from an unidentified wallet to the leading cryptocurrency exchange, Coinbase. 25,264 #ETH (48,302,924 USD) transferred from unknown wallet to #Coinbasehttps://t.co/ViF7z23ixe — […]

Bitcoin (BTC) has been trading within a narrow range for the past 12 days. Nonetheless, the fact that bulls have held the crucial $30,000 support level is seen as a short-term win for them. Even though BTC has been experiencing sideways trading, there is a growing sense of optimism that it has the potential to […]

According to recent hedge fund Ark Invest data, a historical amount of the Bitcoin supply has remained dormant for at least a year, with roughly 70% of the circulating supply unmoved in June 2023. Despite looming economic uncertainty, this dynamic occurs alongside a surge in institutional interest in the cryptocurrency.  In June, several factors contributed […]

The Commodity Futures Trading Commission (CFTC) has concluded its investigation into bankrupt crypto lender Celsius and its former CEO, Alex Mashinsky, and found that they violated United States rules, according to sources familiar with the matter.  The investigation, conducted by attorneys in the CFTC’s enforcement unit, revealed that Celsius misled investors and failed to register […]

Prominent Bitcoin mining company Marathon Digital Holdings has published its Bitcoin production and mining operation update for June 2023. In the report released yesterday, Marathon revealed that its Bitcoin production decreased by 21% from May due to weather-related issues in Texas and a decline in transaction fees on the Bitcoin network. “We produced 979 bitcoin […]

What is arbitrage? Arbitrage, in its simplest form, is the process of buying a stock on one market and selling it on another to take advantage of price listing differences across various markets. For example, a car manufacturer is priced at $45 on the NYSE but is trading at $45.30 on the SSE. A trader […]

According to court filings, cryptocurrency exchange, Bittrex, has been accused by Florida’s financial regulator of violating several laws within the state. These violations allegedly occurred prior to Bittrex Inc. filing for Chapter 11 in May. Bittrex had made a request for an Automatic Stay, which would impede certain creditors from pursuing or continuing legal actions […]

Many traders and technicians closely follow the well-known “Golden Cross” moving average crossover in key liquid markets such as Bitcoin, Gold, and the Nasdaq 100 Index among others. Today, however, we’ll examine an under-the-radar Bitcoin moving average crossover which looks imminent. Using Bitcoin’s reliable data from 2011 through today, let’s find out if this lesser […]

On-chain data shows that the Bitcoin exchange supply has only continued to decline despite the recent rally that the asset has observed. Bitcoin Exchange Supply Continues To Register Net Decline According to data from the on-chain analytics firm Glassnode, exchanges have continued to see withdrawals recently. The indicator of interest here is the “exchange balance,” […]

Solana has observed an increase of more than 20% in the past week. Here’s what on-chain data says regarding whether this is sustainable or not. Solana Trading Volume Has Remained Low Despite Price Rise In its latest insight post, the on-chain analytics firm Santiment has looked at the underlying metrics of Solana to see what […]

Bitcoin Cash (BCH) is captivating the attention of the crypto community with its ongoing price surge. The recent inclusion of BCH on EDX, a Citadel Securities-backed crypto exchange, has sparked fresh interest in this digital asset.  As investors eagerly monitor its progress, the price of BCH on CoinGecko stands at $291.80, showcasing a 24-hour rally […]

Breaking Shiba Inu news: The highly anticipated layer-2 solution Shibarium, along with other groundbreaking developments, is set to be unveiled at the upcoming Blockchain Futurist Conference and ETHToronto. Shiba Inu’s lead developer, Shytoshi Kusama, revealed in a new blog post today that these events will serve as platforms for showcasing Shibarium along with the finalized […]

Shiba Inu (SHIB) recently faced a major token dump of epic proportions, with a whopping 800 billion SHIB tokens being thrown into the market. But what caused this massive sell-off and what does it mean for the future of Shiba Inu? This major token offloading extravaganza went down on Binance alone, with traders ditching their […]

Bankrupt crypto lender Celsius Network has begun the process of swapping altcoins for Bitcoin (BTC) and Ethereum (ETH). The recent court approval (June 30) granted the company permission to convert its altcoin holdings into the two leading digital assets, raising concerns about a potential sell-off of popular altcoins. Celsius Network, known for its altcoin lending […]