Archives par catégorie: Business

WisdomTree Investments Joins Blackrock, Files For Bitcoin ETF

WisdomTree Investments Joins Blackrock, Files For Bitcoin ETF

Several United States asset managers have sought the US Securities and Exchange Commission’s (SEC) blessing to start a spot Bitcoin exchange-traded fund (ETF). However, companies like WisdomTree, Grayscale, and One River Asset Management only received the SEC’s rejection. However, the SEC’s denial didn’t deter WisdomTree as a June 21 Bloomberg report revealed that the asset […]

MATIC Price Gains Momentum, But Bulls Face Uncertainty Without Breaking Vital Resistance

MATIC Price Gains Momentum, But Bulls Face Uncertainty Without Breaking Vital Resistance

The price of MATIC has experienced an increase in recent trading sessions, surpassing its important support level. In the past 24 hours, the MATIC price has risen by approximately 6%. However, when considering the weekly chart, the altcoin has not shown significant value growth. The technical outlook for MATIC remains bearish, indicating negative sentiment. Both […]

US Bitcoin Investor Trading Volume Rises, Stage Set For Another Massive Rally?

US Bitcoin Investor Trading Volume Rises, Stage Set For Another Massive Rally?

The crypto market has been thrown into a euphoric state over the last 24 hours as the price of Bitcoin has surged once more. In its latest run, the digital asset was able to retest the $29,000 resistance before being rejected but continues to hold up nicely above $28,000. This time around, dominance from US […]

Nansen Forecast For Bitcoin Bull Run: Regulatory Clarity And Lower Inflation

Nansen Forecast For Bitcoin Bull Run: Regulatory Clarity And Lower Inflation

The dynamics of the crypto market never cease to enthrall, with bullish rallies and bearish downturns coloring the landscape. Yet, deciphering the key factors to ignite the next Bitcoin (BTC) bull run is no easy task. However, Nansen, a leading cryptocurrency analytics firm, recently voiced its perspective on this subject. In a report published on […]

Shiba Inu Breaks Through Crucial Resistance Point With 10% Climb

Shiba Inu Breaks Through Crucial Resistance Point With 10% Climb

Shiba Inu (SHIB) has recently experienced a significant breakthrough in its price movement. With a 10% rally, SHIB managed to surpass a crucial resistance point that had been hindering its upward momentum. This achievement has sparked excitement among SHIB investors and the wider cryptocurrency community. After a period of consolidation, Shiba Inu broke through the […]

TUSD Emerges Strong: 1 Billion Injection Bolsters Supply Amidst Declining Stablecoin Market

TUSD Emerges Strong: 1 Billion Injection Bolsters Supply Amidst Declining Stablecoin Market

On June 16, TUSD supply surged by 52%! The difficulties the dollar-pegged token economy was facing were recently brought to light when significant redemptions caused its market valuation to drop to a 20-month low. Binance’s dominance in TUSD holdings: Top 10 wallets control 83.31% of the circulating supply. Multiple wallets under Binance’s control: Wallets holding […]

ApeCoin Q2 Slump Continues: Is There A Silver Lining Ahead?

ApeCoin Q2 Slump Continues: Is There A Silver Lining Ahead?

ApeCoin (APE) has experienced a notable slump throughout the second quarter of this year. As the digital currency landscape continues to evolve, investors and enthusiasts have been closely monitoring the token’s performance, eagerly awaiting signs of a potential turnaround.  With concerns mounting, many are left wondering: is there a silver lining ahead for ApeCoin, or […]

Root Network Set To Reward Its Validators, Stakers With XRP Tokens

Root Network Set To Reward Its Validators, Stakers With XRP Tokens

Root Network is poised to address the interoperability issue between the XRP Ledger and the Ethereum Virtual Machine (EVM), simultaneously providing incentives in the form of XRP rewards to validators and stakers. Root Network introduces XRP rewards for validators and stakers. Root Network enables users to pay gas fees in XRP, promoting a seamless token […]

Dogecoin Price Prediction: DOGE Signals Fresh Rally If It Clears 100 SMA

Dogecoin Price Prediction: DOGE Signals Fresh Rally If It Clears 100 SMA

Dogecoin is gaining bullish momentum above the $0.062 resistance against the US Dollar. DOGE could rally if it clears the 100 SMA (H4). DOGE is currently showing positive signs above $0.0620 resistance against the US dollar. The price is trading below the $0.064 zone and the 100 simple moving average (4 hours). There was a […]

Ethereum Price Just Reversed and $1,920 is Imminent, Here’s Why

Ethereum Price Just Reversed and $1,920 is Imminent, Here’s Why

Ethereum price is showing positive signs above $1,770 against the US Dollar. ETH could gain bullish momentum if it clears the $1,820 resistance zone. Ethereum is moving higher above the $1,750 and $1,770 resistance levels. The price is trading above $1,770 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming […]

SEC Sues Binance, Coinbase Then BlackRock Files For Bitcoin Spot ETF; Is This An Inside Job?

SEC Sues Binance, Coinbase Then BlackRock Files For Bitcoin Spot ETF; Is This An Inside Job?

While the cryptocurrency community is excited about the BlackRock Bitcoin exchange-traded fund (ETF) filing and the planned involvement of other prominent players in traditional finance, such as Fidelity and Deutsche Bank, one observer is skeptical. On Twitter, he notes that these Wall Street giants only became involved after the United States Securities and Exchange Commission (SEC) took […]

Bitcoin Price Surges 8% And Defies Gravity – Bulls Eye $30K

Bitcoin Price Surges 8% And Defies Gravity – Bulls Eye $30K

Bitcoin price is surging above $28,000. BTC is up nearly 8% and there are chances of a move toward the $30,000 resistance zone. Bitcoin is gaining pace above the $27,000 resistance. The price is trading above $27,500 and the 100 hourly Simple moving average. There is a major bullish trend line forming with support near […]

Bitcoin Dominance Surges To 50% As BlackRock ETF Filing Fuels Investor Confidence

Bitcoin Dominance Surges To 50% As BlackRock ETF Filing Fuels Investor Confidence

Bitcoin is again at 50% market dominance, indicating that the cryptocurrency now accounts for half of the total crypto market cap, valued at $1.052 Trillion. According to data from Tradingview, Bitcoin’s total market dominance crossed above 50% yesterday, June 19, for the first time in months.  The news of Bitcoin’s renewed dominance has driven much […]

Polygon Labs Unveils Major Upgrade To Sidechain With ‘zkEVM Validium’ Layer 2

Polygon Labs Unveils Major Upgrade To Sidechain With ‘zkEVM Validium’ Layer 2

Polygon Labs, the engineering team behind the popular Polygon PoS (Proof of Stake) chain, has proposed a major upgrade to the network.  The upgrade would introduce a “first-of-its-kind” decentralized L2 (Layer 2) secured by zero-knowledge (ZK) proofs, making the Polygon ecosystem more secure, performant, and a core part of the upcoming Polygon 2.0 ecosystem. This […]

Bitcoin On The brink Of Historic Golden Cross As Experts Predict Bull Run

Bitcoin On The brink Of Historic Golden Cross As Experts Predict Bull Run

Bitcoin, the largest cryptocurrency in the market appeared to have regained its bullish momentum after taking a liquidity hit of $25,000 in long positions last week. As of June 20th, Bitcoin is trading at $27,800, reflecting a 4% surge in just 24 hours. This recent development has led many experts to believe that the newly […]

Bitcoin Miners Deposit To Exchanges, What Does This Mean?

Bitcoin Miners Deposit To Exchanges, What Does This Mean?

On-chain data shows that Bitcoin miners have been depositing large amounts to exchanges. Here’s what this could mean for the asset’s price. Bitcoin Miners Have Been Depositing Big To Exchanges Recently An analyst in a CryptoQuant post pointed out that BTC miners have been transferring coins out of their wallets recently. The relevant indicator here […]