Archives par catégorie: Business

Terra Classic Continues To Brush Off Market Downtrends, Buy Now?

Terra Classic Continues To Brush Off Market Downtrends, Buy Now?

The crypto market has been bleeding lately, and leaders like Bitcoin and Ethereum have been on a downtrend. In addition, the Securities and Exchange Commission’s crackdown on top trading platforms Coinbase and Binance has further made things worse as the crypto winter has persisted.  However, while the massacre caught up with most coins, Terra Classic […]

Uniswap v4: Customizable And Cost-Effective Solution For DEXs?

Uniswap v4: Customizable And Cost-Effective Solution For DEXs?

Uniswap Labs has announced the release of the draft code for Uniswap v4, the next iteration of the popular decentralized exchange (DEX) protocol. Uniswap v3 was a watershed moment for on-chain liquidity and Decentralized Finance (DeFi), processing over $1.5 trillion in trading volume since its release two years ago. However, as technology and markets evolve, […]

Binance.US Responds To Motion Seeking Fund Freeze, Asserts SEC’s Claims Are Invalid

Binance.US Responds To Motion Seeking Fund Freeze, Asserts SEC’s Claims Are Invalid

Binance.US has submitted its defense before the June 13 hearing to determine the freezing of its funds. Binance.US criticized the Securities and Exchange Commission’s (SEC) motion for a temporary restraining order, describing it as draconian and unduly burdensome.  The exchange also voiced opposition, arguing that the proposed measures would place excessive restrictions and “effectively end” […]

Chainlink (LINK) Whale Transfers Spike, Bearish Sign?

Chainlink (LINK) Whale Transfers Spike, Bearish Sign?

On-chain data shows that Chainlink (LINK) whales have become quite active in recent days, a sign that may be bearish for the asset’s price. Chainlink Whale Transactions Have Shot Up In Number Recently According to data from the on-chain analytics firm Santiment, whale transactions hit a 2023 high just as the price dipped toward the […]

Ripple Vs. SEC: Hinman Docs Are Out, XRP Is Up 8%

Ripple Vs. SEC: Hinman Docs Are Out, XRP Is Up 8%

The eagerly awaited “Hinman documents” in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) have been published today! After the XRP price initially reacted moderately, the altcoin experienced a rise of about 6% at the time of writing. Just yesterday, Ripple CEO Brad Garlinghouse said that the Hinman docs […]

Solana Price Plunges Below March Low – Could It Drop Further?

Solana Price Plunges Below March Low – Could It Drop Further?

Solana (SOL) made headlines recently after being labeled as a “security” by the US Securities and Exchange Commission (SEC). As a result, SOL is facing challenges in its price movement.  In light of this regulatory setback, investors closely monitor SOL’s performance. According to CoinMarketCap, SOL is currently priced at $15.45, sustaining a seven-day slump of […]

New Bull Narrative For Bitcoin And Crypto? China Mulls Stimulus Package

New Bull Narrative For Bitcoin And Crypto? China Mulls Stimulus Package

The Bitcoin and crypto market may have received yet another bullish narrative from China. As reported by Bloomberg, the country is mulling a major stimulus package to kick-start an economic recovery following the rebooting of the economy after the restrictive Corona measures. In light of Hong Kong’s recent opening to cryptocurrency trading by retail investors, […]

XRP Could Be Set For A Breakout As Investment Inflows Continue

XRP Could Be Set For A Breakout As Investment Inflows Continue

XRP, Ripple’s native cryptocurrency, is now experiencing a surge of optimism as funds continue to flow, even in the face of a recession-hit industry. Despite the challenges and uncertainties that have plagued the crypto market, XRP has managed to stand out, capturing the attention of investors and enthusiasts alike.  But what exactly is fueling this […]

FLOKI Recovers From A Bad Fall, Climbs Back Up To The Green Zone

FLOKI Recovers From A Bad Fall, Climbs Back Up To The Green Zone

In the midst of a volatile cryptocurrency market, Floki Inu (FLOKI) has managed to defy expectations and become a symbol of optimism for investors. While altcoins face the challenges of a recession triggered by the Securities and Exchange Commission’s actions against major cryptocurrencies in the US, the meme coin sector is struggling with declining capitalization, […]

Ethereum Price Could See Recovery If It’s Able to Clear $1,800

Ethereum Price Could See Recovery If It’s Able to Clear $1,800

Ethereum price is attempting a recovery wave above the $1,740 level against the US Dollar. ETH could rise steadily if there is a move above the $1,780 resistance. Ethereum is still below the $1,780 and $1,800 resistance levels. The price is trading below $1,780 and the 100-hourly Simple Moving Average. There was a break above […]

XRP Price Targets Fresh Highs While Other Altcoins Bleed

XRP Price Targets Fresh Highs While Other Altcoins Bleed

Ripple’s token price is rising above the $0.52 resistance against the US Dollar. XRP price is trading in a bullish zone while ADA, BNB, and other altcoins bleed. Ripple’s token price is holding gains above the $0.500 resistance against the US dollar. The price is now trading above $0.515 and the 100 simple moving average […]

Bitcoin Price Consolidates, Why 100 SMA Is The Key To Fresh Increase

Bitcoin Price Consolidates, Why 100 SMA Is The Key To Fresh Increase

Bitcoin price is consolidating above the $25,500 support. BTC could start a fresh increase if it settles above the 100 hourly SMA and $26,150. Bitcoin is slowly moving higher from the $25,500 support zone. The price is trading below $26,000 and the 100 hourly Simple moving average. There was a break above a major bearish […]

Apple’s Vision Pro Launch Impacts Metaverse, Why This Token Recorded 160% In Profits

Apple’s Vision Pro Launch Impacts Metaverse, Why This Token Recorded 160% In Profits

The crypto market has been flowing in a sea of red as major assets experienced a correction over the weekend, but tech giant Apple could offer relief. Every cryptocurrency, except for Bitcoin, trended to the downside, but some sectors have bloomed amidst the panic and selling pressure. In particular, some tokens in the Metaverse sector […]

Bitcoin’s (BTC) Key Indicator Points Bullish Continuation Despite Recent Dip

Bitcoin’s (BTC) Key Indicator Points Bullish Continuation Despite Recent Dip

Despite the recent downturn in the cryptocurrency market, there are positive signs for Bitcoin’s (BTC) future. One key indicator is the Puell Multiple, which suggests a bullish continuation for Bitcoin despite the recent dip. Crypto Con, a well-known cryptocurrency analyst, has closely monitored the Puell Multiple and identified two key factors that point to a […]

Bitcoin Miner Inflows To Exchanges Reach 2021 Levels As Bear Trend Persists

Bitcoin Miner Inflows To Exchanges Reach 2021 Levels As Bear Trend Persists

Bitcoin miners are now taking advantage of the recent price increase as they have begun to send massive amounts of BTC to centralized exchanges. While this is not new as miners tend to sell BTC to fund their operations, the sheer volume that is being moved to exchanges is what is alarming. Bitcoin Miners Send […]

Binance Changes Terms of Service As BNB Reverses 2023 Gains

Binance Changes Terms of Service As BNB Reverses 2023 Gains

Binance, the largest global cryptocurrency exchange, has quietly changed its terms of service after the United States Securities and Exchange Commission (SEC) filed a complaint at the District Court for the District of Columbia on June 5. Meanwhile, BNB prices continue to crash, dropping to register new 2023 lows as when writing on June 12. Binance Changes […]

MATIC Price Displays Recovery But Can Bulls Sustain The $0.50 Support?

MATIC Price Displays Recovery But Can Bulls Sustain The $0.50 Support?

Over the past 24 hours, the Polygon (MATIC) price has shown attempts to reverse its downward movement. The altcoin has regained more than 4% of its value during this time. However, on the weekly chart, MATIC has experienced a decline of over 27%, causing it to breach important support levels. The technical analysis of MATIC […]

Binance.US Plunges As Market Makers Rush To Exit, Market Depth Down 80%

Binance.US Plunges As Market Makers Rush To Exit, Market Depth Down 80%

Binance.US, the US subsidiary of popular cryptocurrency exchange Binance, has experienced a significant drop in liquidity, with market makers and traders reportedly fleeing the exchange in large numbers. According to data from crypto market data provider Kaiko, liquidity, as measured by aggregated market depth for 17 tokens on the exchange, has fallen nearly 80% over […]

Ethereum Forms Weekly Golden Cross, But Is It Enough To Save Crypto?

Ethereum Forms Weekly Golden Cross, But Is It Enough To Save Crypto?

Despite the carnage and chaos all across the crypto market due to recent US SEC-related enforcement actions, Ethereum has just given a bullish buy signal. On weekly timeframes, ETHUSD has formed a golden cross, but will it be enough to give the asset class a glimmer of hope amidst such darkness? Let’s take a closer […]

Bitcoin Stuck In Historically Tight Range, Calm Before The Storm?

Bitcoin Stuck In Historically Tight Range, Calm Before The Storm?

Data shows Bitcoin has been stuck in a historically tight range recently, something that could be a precursor for extreme volatility. Bitcoin 30-Day Price Range Has Compressed To Tight Values In a new tweet, the analytics firm Glassnode has looked into how volatile the asset has been recently. One way to quantify the volatility of […]