Archives par catégorie: Business

XRP Exhibits Bearish Chart Pattern – Where Could The Price Head Next?

XRP Exhibits Bearish Chart Pattern – Where Could The Price Head Next?

In the past 48 hours, the price of XRP has experienced notable volatility, dropping below $0.50. The crypto market is closely focused on XRP due to a recent favorable development in the Securities and Exchange Commission (SEC) vs. Ripple lawsuit. The emergence of the Hinman documents has sparked inquiries into the actions of the Securities […]

Bitcoin Price On Shaky Ground: Market Analysts Warn Of Potential Fall To $20,000 Level

Bitcoin Price On Shaky Ground: Market Analysts Warn Of Potential Fall To $20,000 Level

Bitcoin, the world’s largest crypto by market cap, is currently under pressure, as it broke the significant $25,000 mark in the last 24 hours. This development has spurred a sense of urgency among traders and market analysts who are bracing for a possible further dip in the value of Bitcoin (BTC). At the time of […]

Ethereum Plunges Below $1,700, Here’s The Metric That Signaled This In Advance

Ethereum Plunges Below $1,700, Here’s The Metric That Signaled This In Advance

Ethereum has plunged below $1,700 during the past day. Here’s the on-chain indicator that may have signaled this dip in advance. Ethereum Age Consumed Metric Saw A Spike Before The Price Decline According to data from the on-chain analytics firm Santiment, institutional investors look to have been expecting the move to take place. The indicator […]

Cardano (ADA) Price Sheds 19% As Bearish Sentiment Looms Large

Cardano (ADA) Price Sheds 19% As Bearish Sentiment Looms Large

Cardano (ADA) experienced a significant upswing in March, reaching a year-to-date high of $0.4622. Excitement spread among ADA investors as the price climbed, but unfortunately, it was short-lived. The price faced rejection at that level, causing ADA to plummet to the $0.3760 support level.  However, despite this setback, ADA managed to find some stability as […]

Tether (USDT) De-Pegs As Crypto Market Stumbles, More Downside Coming?

Tether (USDT) De-Pegs As Crypto Market Stumbles, More Downside Coming?

The Bitcoin and crypto markets are deep in the red today. Even though the US Federal Reserve announced the hoped-for interest rate pause yesterday, the release of the updated dot plot was a nasty surprise for the financial markets. The Fed revealed in its updated dot plot that it sees the average terminal interest rate […]

Shiba Inu Plunges Deeper: How Long Can The Darling Meme Coin Climb Back Up?

Shiba Inu Plunges Deeper: How Long Can The Darling Meme Coin Climb Back Up?

Shiba Inu (SHIB) enthusiasts and investors find themselves at a crucial juncture as they seek to protect the coin from sinking below the lows witnessed in 2021 and the overall range lows.  The cryptocurrency experienced a significant drop earlier this week, plunging to $0.00000543, even breaching the 2021 lows of $0.00000510. This decline triggered worries […]

Bitcoin Price Hammered Below $25,000 Amid The Fed’s Hawkish Tone, SEC Lawsuits

Bitcoin Price Hammered Below $25,000 Amid The Fed’s Hawkish Tone, SEC Lawsuits

For the first time since mid-March, Bitcoin price dropped below $25,000 as trade volumes decreased and the U.S. Federal Reserve left interest rates untouched based on projections but warned of additional hikes this year to combat inflation. At the time of writing, Bitcoin was trading at $24,995, down 3.8% in the last 24 hours, data from […]

SOL Price Prediction: Here’s Why Solana’s Recovery Won’t Be Easy

SOL Price Prediction: Here’s Why Solana’s Recovery Won’t Be Easy

Solana gained bearish momentum and traded below $15 against the US Dollar. SOL price might now struggle to recover above the $15 and $17.50 resistance levels. SOL price is showing bearish signs below the $20 resistance against the US Dollar. The price is now trading below $15 and the 100 simple moving average (4 hours). […]

XRP Bullish Trend Strengthens, Why A Breakout Could Be Just Weeks Away

XRP Bullish Trend Strengthens, Why A Breakout Could Be Just Weeks Away

The number sixth ranked cryptocurrency by market cap, XRP, is showing signs of a strengthening bullish trend according to a technical indicator designed to measure the underlying power behind price movements.  Historically, when a particular signal appears on the monthly timeframe, a breakout occurs and sends the coin soaring higher.  XRP Trend Strength Rises Above […]

Arbitrum Airdrop Success: Metrics Soar Higher Across The Board

Arbitrum Airdrop Success: Metrics Soar Higher Across The Board

Arbitrum, a popular blockchain platform, has shown promising results after its airdrop in March 2023. According to a report by Nansen, a blockchain analytics platform, every activity metric on Arbitrum has gone up compared to pre-airdrop days.  Arbitrum’s Airdrop Bucks Trend The report notes that since the airdrop, the daily count of transactions and users […]

GRT Soars 13% As The Graph Prepares To Integrate Arbitrum

GRT Soars 13% As The Graph Prepares To Integrate Arbitrum

Recent reports reveal that the Graph, a platform used for indexing and querying blockchain data, is in the final stages of migrating to Arbitrum, a popular Ethereum layer-2 protocol. Following this announcement, GRT, the native token of the indexer, is up 13% in four days, per the candlestick arrangement in the daily chart. The Graph […]

Bitcoin Holds $26,000: Why This Level Could Define Its Fate

Bitcoin Holds $26,000: Why This Level Could Define Its Fate

Bitcoin (BTC) remains steady at $26,000 amidst ongoing regulatory uncertainty in the cryptocurrency industry. While some investors are concerned about the impact of regulatory changes on the market, others see signs of a new bull run on the horizon. Why Is $26k A Critical Level For BTC? According to crypto analyst Crypto Con, Bitcoin’s resistance […]

Crypto Market Bleeds As SEC Pressures Mount, Is It Time To Buy?

Crypto Market Bleeds As SEC Pressures Mount, Is It Time To Buy?

The crypto market seems to have reached a critical turning point where prices are suffering because of regulatory pressure across the space. This ranges from the United States Securities and Exchanges Commission (SEC) suing Binance and Coinbase exchanges, as well as the Ripple case heating up. These factors led to a sharp plunge in prices, […]

Maker (MKR) Records Positive Moves As Majority Of Coins Bleed

Maker (MKR) Records Positive Moves As Majority Of Coins Bleed

Amidst the bloodbath present ravaging the majority of cryptocurrencies, Maker (MKR) has managed to maintain its value and shown positive momentum. This current performance is noteworthy and has triggered the interest of investors and market observers. Its positive performance in challenging market conditions highlights the potential for long-term success. And it may inspire other projects […]

Bitcoin Sentiment On Social Media Now Most Red Since COVID Crash, Bottom Signal?

Bitcoin Sentiment On Social Media Now Most Red Since COVID Crash, Bottom Signal?

Data shows the Bitcoin sentiment on social media has turned the most negative since the COVID crash, indicating that the bottom could be near. Bitcoin Weighted Sentiment Has Been Negative Recently As an analyst on Twitter pointed out, BTC’s sentiment is in deep red right now. The relevant indicator here is the “weighted sentiment” metric […]

Bitcoin (BTC) Stored On Exchanges Plummets Amid Regulatory Uncertainties: Santiment

Bitcoin (BTC) Stored On Exchanges Plummets Amid Regulatory Uncertainties: Santiment

So far, the supply of Bitcoin (BTC) held on exchanges has recently seen a significant decrease, reaching levels last observed in February 2018. This trend underscores a developing pattern in the crypto market – traders and investors preferring to secure their digital assets outside of these platforms. Data from the blockchain intelligence firm, Santiment, confirms […]

XRP And Ethereum Seeing Increased Social Media Talk As Bitcoin Loses Interest

XRP And Ethereum Seeing Increased Social Media Talk As Bitcoin Loses Interest

Data shows XRP and Ethereum are picking up social volume as investors have seemingly started to lose interest in Bitcoin. Bitcoin Social Volume Shows Drop, Traders Shift Focus Towards XRP & Ethereum According to data from the on-chain analytics firm Santiment, BTC’s social volume has decreased since its surge in March. The “social volume” here […]