Archives par catégorie: Business

Bitcoin Price Extends Recovery But Lack of Momentum Remains A Concern

Bitcoin Price Extends Recovery But Lack of Momentum Remains A Concern

Bitcoin price is rising above the $26,500 resistance. BTC could gain bullish momentum if it settles above the $27,200 and $27,500 resistance levels. Bitcoin is slowly moving higher above the $26,500 resistance. The price is trading above $26,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support […]

Binance Faces Regulatory Headwinds: UK Registration Canceled, Exits Netherlands, Cyprus

Binance Faces Regulatory Headwinds: UK Registration Canceled, Exits Netherlands, Cyprus

In the latest development surrounding Binance, the world’s largest cryptocurrency exchange, the company has officially canceled its registration in the United Kingdom. The UK Financial Conduct Authority (FCA) approved Binance’s request to deregister Binance Markets Limited (BML) (BML) on May 30, 2023, effectively ending its authorization to provide regulated services in the country. While the […]

Ethereum Eyes Dramatic Shift: Proposes Validator Limit Increase From 32 To 2048 ETH

Ethereum Eyes Dramatic Shift: Proposes Validator Limit Increase From 32 To 2048 ETH

Ethereum, the second-largest blockchain by market capitalization, could be on the cusp of a significant operational shift. In the latest Ethereum core developer consensus meeting, a key agenda item under discussion was a proposed increase in the maximum validator limit. If implemented, this adjustment would see the limit skyrocket from the current 32 ETH to […]

Is It Lights Out For Litecoin As A Daily Death Cross Approaches?

Is It Lights Out For Litecoin As A Daily Death Cross Approaches?

Litecoin price has sank recently along with the greater crypto market, despite not being named a security by the US SEC. The downward pressure has the altcoin at risk of forming a death cross on the daily timeframe. Although the signal sounds ominous and often indicates a downtrend is coming, it might not be lights […]

Bitcoin Resistance At $26,600: A Make Or Break Moment For Bulls

Bitcoin Resistance At $26,600: A Make Or Break Moment For Bulls

Bitcoin (BTC) is currently consolidating above the crucial $26,000 level, a key threshold for the world’s largest cryptocurrency to continue its upward momentum and reach higher levels.  The recovery of this price mark on June 15th has given BTC holders renewed confidence, with the highly anticipated news of Blackrock, the largest fund manager in the […]

Bitcoin Whale Removes Nearly $400 million In BTC From Binance

Bitcoin Whale Removes Nearly $400 million In BTC From Binance

A massive Bitcoin transaction was spotted on the blockchain recently, indicating a whale may be moving their funds into self-custody. Data shows a Bitcoin whale has withdrawn $395.8 million from Binance to an unknown wallet, a sign that may be bullish for the cryptocurrency’s price.  Massive Bitcoin Transaction Spotted on the Blockchain According to the […]

Bitcoin Short-Term Holders Still Bullish, Will Rally Restart?

Bitcoin Short-Term Holders Still Bullish, Will Rally Restart?

On-chain data shows that Bitcoin short-term holders have participated in buying recently despite the price briefly dropping below their cost basis. Bitcoin Has Rebounded Back Above Short-Term Holder Realized Price As pointed out by an analyst in a CryptoQuant post, the BTC price had recently fallen below the realized price of the short-term holders. The […]

Crypto King Do Kwon Behind Bars: Sentenced To 4 Months In Montenegrin Jail

Crypto King Do Kwon Behind Bars: Sentenced To 4 Months In Montenegrin Jail

According to a Reuters report, Crypto entrepreneur Do Kwon, the former CEO of Terraform Labs, has been sentenced to four months in prison by a court in Montenegro for allegedly using forged passports.  Crypto Mogul Faces Jail Time For Passport Forgery Kwon, who is charged with multibillion-dollar fraud in the United States and is wanted […]

Report: Do Kwon Refutes Passport Forgery Claims, Shifts Blame To ‘Chinese’ Agency

Report: Do Kwon Refutes Passport Forgery Claims, Shifts Blame To ‘Chinese’ Agency

The Terraform founder Do Kwon, facing eight count charges in the United States for the ecosystem crash, recently denied two allegations against him. Do Kwon was accused of traveling with forged documents and sending financial donations to a former Montenegro minister. But according to a South Korean media, Segye’s report, Do Kwon told the Montenegrin […]

Stablecoins Supply Finally Shows Rise, Here’s Why This Is Bullish For Bitcoin

Stablecoins Supply Finally Shows Rise, Here’s Why This Is Bullish For Bitcoin

On-chain data shows the supply of stablecoins has been going up recently, a sign that could potentially be bullish for Bitcoin. Stablecoins Have Registered An Increase In Their Supply Recently As pointed out by an analyst in a CryptoQuant post, every increase in stablecoins’ supply since late 2022 has been accompanied by a rise in […]

Crypto Analyst Says Bitcoin Has Already Bottomed, Sets Halving Price

Crypto Analyst Says Bitcoin Has Already Bottomed, Sets Halving Price

Bitcoin has continued to struggle to sustain the $26,000 support level as bearish sentiment continues to dominate the market. Its drawdown in the last few weeks has led to speculations that the digital asset could be headed for a new cycle low. However, one crypto analyst firmly believes that Bitcoin has already marked its cycle […]

Trust Wallet Token (TWT) Tallies 22% In Last Week, Will It Test $1 Mark?

Trust Wallet Token (TWT) Tallies 22% In Last Week, Will It Test $1 Mark?

Amid the recent regulatory hurdles in the crypto market, Trust Wallet Token (TWT) still managed to show bullish momentum, boasting an impressive growth rate of 22% in the past week. This rapid increase has sparked speculation and curiosity among traders and investors about whether TWT will reach the highly anticipated $1 mark.  The Surge Of […]

US Politician Cheers Shiba Inu Price Surge, But Trend Reversal Still Pending

US Politician Cheers Shiba Inu Price Surge, But Trend Reversal Still Pending

Shannon Bray, a gubernatorial candidate in North Carolina next year, has again expressed his love for the meme coin Shiba Inu (SHIB). On Sunday, Bray shared his delight over SHIB’s price increase last week (+8.3%). Bray encouraged the SHIB army to keep up the positive momentum and called for further action. He also urged SHIB […]

ZachXBT Legal Fight Turns Into Funding Success, Over $1 Million Raised

ZachXBT Legal Fight Turns Into Funding Success, Over $1 Million Raised

ZachXBT, a highly respected blockchain sleuth, has sparked an outpouring of support from the cryptocurrency community after revealing a defamation lawsuit stemming from one of his previous investigations.  In a remarkable show of solidarity, donations exceeding $1 million have flooded in from crypto enthusiasts across the globe, rallying to fund his legal defense. Taking to […]

Ethereum Cancun Upgrade: Why Arbitrum, Optimism Will Profit Massively

Ethereum Cancun Upgrade: Why Arbitrum, Optimism Will Profit Massively

The tentatively slated Ethereum upgrade Cancun / Deneb for autumn will be a game-changer for layer-2 rollup technologies such as Arbitrum and Optimism. The basis for this will be the Ethereum Improvement Proposal (EIP) 4844, which will be the main code change of the upgrade, as Christine Kim, vice president in Galaxy Digital’s research team […]

PEPE Sustains Steady Ascent, Fueling Speculation Of Profits

PEPE Sustains Steady Ascent, Fueling Speculation Of Profits

PEPE is now on the verge of a remarkable resurgence. After facing a decline in popularity, the meme coin seems to be reclaiming its former glory.  With each passing day, this popular meme token seems to be clawing back all its losses, generating buzz among enthusiasts and observers alike. At the time of writing, PEPE’s […]

Binance Coin (BNB) Defies Regulatory Pressure, Holds $220 Support

Binance Coin (BNB) Defies Regulatory Pressure, Holds $220 Support

Binance Coin (BNB), the native token of the Binance ecosystem, has faced significant challenges in the wake of the recent lawsuits filed by the US Securities and Exchange Commission (SEC) against both crypto exchange Binance and Coinbase. These regulatory actions have had a profound impact on the cryptocurrency market, stifling any potential upward momentum. As a […]

Ethereum Price Prints Bullish Technical Pattern, Why Close Above $1,780 Is Critical

Ethereum Price Prints Bullish Technical Pattern, Why Close Above $1,780 Is Critical

Ethereum price is recovering above $1,700 against the US Dollar. ETH could continue to move up if it clears the $1,780 resistance zone. Ethereum was able to climb above the $1,700 and $1,720 resistance levels. The price is trading above $1,700 and the 100-hourly Simple Moving Average. There was a break above a major bearish […]