Archives par catégorie: Business

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 […]

Bitcoin Breaks Out Of Ichimoku Cloud, Storms Toward $28,000

Bitcoin Breaks Out Of Ichimoku Cloud, Storms Toward $28,000

Bitcoin price has made an intraday move higher, pushing above the Ichimoku cloud on BTC CME Futures daily charts. This signal in the past sent the entire cryptocurrency market soaring higher. Will crypto once again continue to storm ahead, or is it about to rain more pain on investors? Bitcoin Storms Above $28,000 After Technical […]

Litecoin Sees 55% Increase In New Daily Addresses As Bullish Sentiment Grows

Litecoin Sees 55% Increase In New Daily Addresses As Bullish Sentiment Grows

Bullish sentiment around Litecoin has been on the rise as the network is drawing closer to its much-anticipated halving event. This positive sentiment is reflected in the number of new daily addresses on the blockchain, which has seen a significant rise over the last week. Litecoin New Addresses Jump 55% In 7 Days In a […]

Stacks (STX) Registers 11% Gains As Broader Market Suffers Volatility

Stacks (STX) Registers 11% Gains As Broader Market Suffers Volatility

While the broader crypto market experiences turbulent times and volatility, Stacks (STX) stands out with an impressive performance. Stacks is a network created in 2017 as an extension of the Bitcoin blockchain, allowing developers to create and deploy smart contracts. In recent times its native token, called STX, has been exhibiting positive performance in its […]

Cardano Poised For Consolidation In This Price Zone Prior To Attempting Reversal

Cardano Poised For Consolidation In This Price Zone Prior To Attempting Reversal

After losing the crucial $0.34 price support, Cardano (ADA) has experienced a significant downtrend. In the past 24 hours, ADA has declined by 1.6%. On the weekly chart, ADA has struggled to recover from an over 8% depreciation. The technical outlook indicates that bears have control of the price, with low demand and accumulation. Although […]

Why The Ripple General Counsel Demands Impartiality From SEC Staff

Why The Ripple General Counsel Demands Impartiality From SEC Staff

In a recent post, the Chief Legal Officer of Ripple, Stuart Alderoty, stated that legally federal employees must act impartially. As such, the United States Security and Exchange Commission (SEC) especially should comply with rigid rules. Alderoty reaction relates to the Hinman documents and allegations of William Hinman’s favoritism towards Ether. SEC Counsel Emphasizes On […]

Ethereum Sets Sights On Key Levels As It Rises From Recovery Point

Ethereum Sets Sights On Key Levels As It Rises From Recovery Point

After a period of correction, the Ethereum price has started to show signs of appreciation on its chart. The altcoin has managed to break past a crucial recovery region, indicating that the bulls are making an attempt to regain control. Over the last 24 hours, Ethereum has experienced a modest 0.2% increase in price. But […]

Optimism (OP) Soars Over 6% Following Launch On BNB Chain

Optimism (OP) Soars Over 6% Following Launch On BNB Chain

Optimism price is basking in the news of BNB Chain’s newly introduced Optimism-powered layer-2 testnet opBNB. On June 19, BNB Chain announced the launch of its opBNB testnet. The newly launched layer-2 scaling solution based on Optimism Stack will boost the Binance Chain network’s security and scalability.  Following the launch, the Optimism token has scored an […]

Bitcoin Whales Continue To Accumulate As BTC Makes Recovery Push

Bitcoin Whales Continue To Accumulate As BTC Makes Recovery Push

On-chain data shows that Bitcoin whales have continued to accumulate recently as the asset has been trying to make a push toward recovery. Bitcoin Whales Have Continued To Add To Their Holdings Recently According to data from the on-chain analytics firm Santiment, the whales have bought around $3.5 billion in the digital asset since the […]

Best Crypto Narrative For This Summer? Everything About LSDfi

Best Crypto Narrative For This Summer? Everything About LSDfi

Liquid Staking Derivatives (LSDs) on Ethereum were one of the biggest topics in the crypto market in the first months of 2023. Thanks to Ethereum’s shift from Proof of Work (PoW) to Proof of Stake (PoS), LSD projects such as Lido Finance (LDO) and Frax Finance (FXS) flourished. In simple terms, LSDs are financial instruments […]

IMF Advances Global Central Bank Digital Currency Platform For International Transactions

IMF Advances Global Central Bank Digital Currency Platform For International Transactions

The International Monetary Fund (IMF) is actively developing a global platform for CBDCs to facilitate seamless transactions across borders, announced IMF Managing Director Kristalina Georgieva at a conference in Rabat, Morocco.  Georgieva emphasized the importance of avoiding fragmented CBDC solutions and highlighted the need for systems that connect countries, promoting efficiency and fairness through interoperability.   […]

Bullish Signal: Bitcoin Realized Profit And Loss Fall To October 2020 Levels

Bullish Signal: Bitcoin Realized Profit And Loss Fall To October 2020 Levels

As the Bitcoin price continues to struggle, some metrics have begun to emerge that could mean that the current bearish trend is only temporary. The realized profit and loss levels for BTC have continued to fall over the last six months and have now hit a level that suggests the start of another upward rally. […]

XRP Price Could Regain Strength If It Clears This Resistance

XRP Price Could Regain Strength If It Clears This Resistance

Ripple’s token price is attempting a fresh increase above the $0.48 resistance against the US Dollar. XRP price could gain bullish momentum if it clears $0.51. Ripple’s token price is holding gains above the $0.480 resistance against the US dollar. The price is now trading below $0.51 and the 100 simple moving average (4 hours). […]

Ethereum Price Indicators Suggest Strengthening Case For More Upsides

Ethereum Price Indicators Suggest Strengthening Case For More Upsides

Ethereum price is showing positive signs above $1,700 against the US Dollar. ETH could gain bullish momentum if it clears the $1,750 resistance zone. Ethereum is slowly moving higher above the $1,700 and $1,720 resistance levels. The price is trading above $1,720 and the 100-hourly Simple Moving Average. There is a key bullish trend line […]