Archives par catégorie: Business

Bitfinex’s utility token, LEO, stands out from the crowd with positive moves amid the market-wide downturn that suppressed most coins. It saw an 8.69% price increase on the day and added 11.42% over the past seven days, which placed it among the top-gaining coins on the last day. LEO token’s move today follows a consistent price […]

On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) has bounced back into the profit zone with the latest rally above $30,000. Bitcoin SOPR Has Successfully Retested 1.0 Support Line According to data from the on-chain analytics firm Glassnode, investors are now selling their coins at a profit. The “SOPR” is an indicator that […]

The MATIC price recovery has faced a hurdle in recent trading sessions, despite its impressive rebound after surpassing the $0.50 level. Although the altcoin experienced a notable 18% appreciation on the weekly chart, it lost 3% of its market value within the past 24 hours. The overall sentiment remains bearish as demand and accumulation for […]

Floki Inu (FLOKI), the popular meme coin, has been on a steady rise in the past few days both in price performance and general adoption. Exactly a week ago, crypto giant Binance added the cryptocurrency to the Metaverse and Gaming sections on its exchange.  After a slow start, the price of FLOKI seems to be […]

On-chain data shows the Ethereum supply on exchanges has continued to drop lower recently, a sign that could be bullish for the asset. Ethereum Supply On Exchanges Has Gone Down Recently According to data from the on-chain analytics firm Santiment, supply has continued to leave exchanges recently. The relevant indicator here is the “supply on […]

Bitcoin (BTC), the largest cryptocurrency in the market, is continuing its unstoppable uptrend. After consolidating for a short period between $29,900 and $30,300, BTC has marked a new annual high and breached the $31,000 mark, which it had not surpassed since June 2022.  As of this writing, the leading cryptocurrency in the market is trading […]

Bitcoin Cash (BC) has maintained a positive outlook over the past few days as bulls and bears struggle for control over the broader crypto market. Its growth suggests the bulls currently have the upper hand in the altcoin even while the broader crypto market shows a 0.7% decline. At the time of writing, BCH has […]

Bitcoin has been rallying for the last three days and continues to maintain significant momentum. After the digital asset crossed the $30,000 resistance, there was speculation that bulls have finally run out of steam, so the price was expected to correct downward. However, BTC’s current levels combined with the crypto investor sentiment suggest that there […]

Chainlink (LINK) is one of the cryptocurrencies that has suffered the most from the weakness of the altcoins. The LINK price has collapsed after 397 days in the range between $9.62 and $5.32, which is an extremely bearish signal. But the good news is that, after falling below support at $5.32 on 10 June, the […]

The convergence of Artificial Intelligence (AI) and non-fungible tokens (NFTs) is poised to emerge as a significant trend within the NFT ecosystem. This phenomenon is gaining momentum, mainly within the NFT art sectors, thanks to the introduction of AI algorithms transforming text into artistic creations.  NFT art created by AI algorithms brings new meaning to […]

The crypto market is currently experiencing a general price recorrection, following a strong bullish phase that saw many assets soar to new highs. Stacks (STX), one of the notable performers in recent days, is not left out of the current ebb and flow of the market, with its value experiencing a significant decline in the […]

The price of XRP experienced an increase after surpassing the $0.50 mark; however, it has recently undergone a fresh decline. Analyzing the daily chart, the altcoin has depreciated by approximately 3%, whereas the weekly chart shows an appreciation of about 6%. The technical outlook for XRP indicates a bearish bias due to a decrease in […]

Conflux (CFX) has recently captured the attention of the cryptocurrency market with its impressive growth. In just one week, Conflux has experienced a remarkable surge, placing CFX among the top-performing altcoins of the moment and positions it as a legit investment opportunity for crypto enthusiasts and traders alike. With the cryptocurrency market known for its […]

The Bitcoin price has rallied fast in the past few days as a result of the BlackRock news. The big question is whether the bulls can continue to push the price upwards, or whether they are slowly running out of steam. With this in mind, there is currently a striking similarity in the 1-day chart […]

Pepe Coin (PEPE), the once-heralded meme coin that rode the waves of exhilarating hype, is making a remarkable comeback after a period of stagnation. As the frenzy surrounding meme coins gradually dissipated, PEPE experienced a significant loss in value, leaving investors and enthusiasts uncertain about its future.  However, recent data analysis has shed light on […]

This week, the cryptocurrency market has experienced a remarkable resurgence, resulting in unexpected price surges across numerous coins and tokens. Cardano (ADA) is a notable beneficiary, showcasing a significant price increase over the past three days. ADA’s resurgence exemplifies the reversal of sentiment witnessed in the cryptocurrency market, evoking a sense of optimism reminiscent of […]

Data from IntoTheBlock reveals that over 75% of all Bitcoin holders are in the money at spot rates when the prices are at multi-week highs, trading at around $30,000 as of writing on June 22. Bitcoin has been on a firm uptrend over the past few trading days, propelled by supportive fundamentals. The world’s most valuable cryptocurrency […]

The recent surge in the Shiba Inu token burn has impacted the SHIB market again. Within 24 hours, over 341 million SHIB tokens were destroyed, sending the burn rate skyrocketing by roughly 6,936%. This development has bolstered the price of the popular meme coin as it continues an upward trajectory. The Shiba Inu community, affectionately […]

Solana is recovering above the $16 resistance against the US Dollar. SOL price might rise steadily toward the $20 resistance if Bitcoin climbs above $30,800. SOL price is showing positive signs above the $16 level against the US Dollar. The price is now trading above $15 and the 100 simple moving average (4 hours). There […]

Bitcoin price rallied toward $30,800 before the bears appeared. BTC is now correcting gains but dips could be attractive near the $28,800 zone. Bitcoin is currently correcting gains from the $30,800 zone. The price is trading above $29,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line […]