Archives par catégorie: Business

Bitcoin Options Open Interest At Near 2021 Peaks, Will BTC Break Above $31,300?

Bitcoin Options Open Interest At Near 2021 Peaks, Will BTC Break Above $31,300?

The total Bitcoin Options open interest, the number of open call and put orders, recently rose to $14.87 billion on June 30 before falling to $10.74 billion on July 4, on-chain data on July 5 shows. Related Reading: Valkyrie Follows In BlackRock’s Footsteps, Refiles For Spot Bitcoin ETF At $14.87 billion, the total number of Bitcoin […]

Rapid Rise In Cardano’s TVL Points Toward Bullish Sentiment Around ADA

Rapid Rise In Cardano’s TVL Points Toward Bullish Sentiment Around ADA

Cardano is one of the most prominent proof of stake (POS) blockchains that requires users to stake their native tokens, ADA, to confirm and secure transactions on the network. Over time, the network has held the record for the largest percentage of its token supply staked. And once again, the blockchain has solidified its position […]

Ethereum Starknet Launches Testnet For ‘Quantum Leap’ Upgrade

Ethereum Starknet Launches Testnet For ‘Quantum Leap’ Upgrade

StarkWare, an Israeli-based company working to scale Ethereum (ETH), has released the testnet for its latest layer-2 solution, Starknet v12.0. The new version focuses on improving performance and user experience, with a significant 10x increase in throughput achieved through the implementation of the Sequencer in Rust.  Starknet Upgrade Signals Boost for Ethereum’s Scalability According to […]

Crypto Market Trade Volume Hits Lowest Point Since 2020 Amid Market Turbulence

Crypto Market Trade Volume Hits Lowest Point Since 2020 Amid Market Turbulence

In recent months, the crypto markets have witnessed significant turbulence leading to the lowest quarterly trade volume since 2020. Amid varying economic factors, a bearish perception of investors toward cryptocurrencies and the broader economic climate reflects a dynamic yet challenging landscape. Kaiko, a crypto market data provider, shed light on this development alongside various key […]

Valkyrie Follows In BlackRock’s Footsteps, Refiles For Spot Bitcoin ETF

Valkyrie Follows In BlackRock’s Footsteps, Refiles For Spot Bitcoin ETF

The dream of a spot Bitcoin exchange-traded fund (ETF) in the US is still yet to become a reality as various investment firms continue to seek approval from the Securities and Exchange Commission (SEC) despite multiple rejections. In a recent turn of events, Valkyrie, an alternative asset management company specializing in the emerging cryptocurrency sector, […]

Dogecoin Up 5%, But Social Media Talk Remains Low: Santiment

Dogecoin Up 5%, But Social Media Talk Remains Low: Santiment

Dogecoin is up 5% during the past week, but data from Santiment reveals that social media talk around the asset still continues to be low. Interest In Dogecoin Remains Low Despite Surge In Price According to data from the on-chain analytics firm Santiment, there haven’t been many discussions around DOGE on social media recently. The […]

Analyst Says XRP Will Reach $100, Here’s Why

Analyst Says XRP Will Reach $100, Here’s Why

XRP, one of the prominent cryptocurrencies in the market, has witnessed a remarkable surge in its daily burn rate, sparking speculation about its potential to go on a bull rally. Crypto analyst and influencer 24HRSCRYPTO is one of those who have put forward an extremely optimistic outlook for the XRP cryptocurrency. The analyst says that […]

Bitcoin Humpback Wallets Reach ATH, Is BlackRock Behind The Surge?

Bitcoin Humpback Wallets Reach ATH, Is BlackRock Behind The Surge?

A recent development has caught the attention of on-chain analysts and Bitcoin enthusiasts alike. On-chain expert Axel Adler Jr, citing data from CryptoQuant, has revealed that wallets belonging to the ‘Humpback’ cohort, have reached a new all-time high (ATH). This surge has raised speculation about the involvement of institutional giants such as BlackRock or Fidelity. […]

Mercuryo’s Big Time Summit in Cyprus: Revolutionizing the FinTech Industry

Mercuryo’s Big Time Summit in Cyprus: Revolutionizing the FinTech Industry

The global payments infrastructure platform Mercuryo has announced the launch of Big Time Summit – a FinTech event to be held for the first time in Limassol, Cyprus, on July 7, 2023.  The event will be held with the support of Invest Cyprus, Mercuryo’s trusted partner. Their team is ready to support businesses during the […]

Lido (LDO) Sustains Weekly Run With 16% Gain – What Fuels It?

Lido (LDO) Sustains Weekly Run With 16% Gain – What Fuels It?

Lido (LDO), a prominent player in the decentralized finance (DeFi) space, has emerged as a frontrunner in the rapidly expanding Liquidity Staking Derivatives (LSD) sector.  Amidst the turbulence caused by the highly controversial lawsuit filed by the US Securities and Exchange Commission (SEC) in June, the decentralized finance (DeFi) sector has found itself in a […]

Stablecoins Volume Down Despite Crypto Market Recovery, Ratings Agency Finds

Stablecoins Volume Down Despite Crypto Market Recovery, Ratings Agency Finds

Stablecoins, the digital assets designed to maintain a stable value, have long been viewed as a potential bridge between the cryptocurrency world and the traditional financial industry. However, recent developments have cast a shadow of uncertainty over their perceived stability.  As global policymakers continue to grapple with concerns about the crypto sector’s impact on the […]

What’s Next For Bitcoin Price? Bulls Aren’t Running Out Of Steam Yet

What’s Next For Bitcoin Price? Bulls Aren’t Running Out Of Steam Yet

After Bitcoin reached a new yearly high at $31,413, the buy side has so far failed to initiate a trend-following move north. Although the bulls fended off a sell-off last Friday in the wake of the SEC’s perceived concerns over a Bitcoin spot ETF approval, the momentum seems to be increasingly flattening, or isn’t it? […]

Dwindling Optimism (OP) Value May Be A Result Of This Factor

Dwindling Optimism (OP) Value May Be A Result Of This Factor

Optimism (OP), a prominent Layer 2 network, is experiencing a noticeable decline in network activity as the hype surrounding meme coins takes a dip. Once bustling with vibrant transactions and a fervent community, Optimism now faces a subdued atmosphere as users shift their attention away from these speculative assets.  The decrease in meme coin fervor […]

XRP Price Could Regain Strength Above This Key Resistance

XRP Price Could Regain Strength Above This Key Resistance

Ripple’s token price is moving higher from $0.4560 against the US Dollar. XRP price might gain bullish momentum if it clears the $0.4960 resistance zone. Ripple’s token price is moving higher toward the $0.4960 resistance against the US dollar. The price is now trading above $0.48 and the 100 simple moving average (4 hours). There […]

Ethereum Price Lacks Momentum Above $1,950 But Dips Could Be Limited

Ethereum Price Lacks Momentum Above $1,950 But Dips Could Be Limited

Ethereum price failed to test $2,000 and corrected lower against the US Dollar. ETH is testing the $1,930 support and might start a fresh increase. Ethereum is correcting gains from the $1,975 zone. The price is trading above $1,930 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance near […]

Bitcoin Price Could See Fresh “Liftoff” if It’s Able to Hold One Key Level

Bitcoin Price Could See Fresh “Liftoff” if It’s Able to Hold One Key Level

Bitcoin price corrected gains and retested the $30,650 support. BTC could start a fresh increase if it stays above the $30,000 support zone. Bitcoin is holding gains above the $30,650 support zone. The price is trading above $30,700 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support […]