Archives par catégorie: Business

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 […]

SBI CEO Predicts Massive XRP Price Surge, Expects Ripple Verdict In Few Weeks

SBI CEO Predicts Massive XRP Price Surge, Expects Ripple Verdict In Few Weeks

The chairman and CEO of Japanese financial giant SBI Holdings Inc., Yoshitaka Kitao, has made an extremely bullish prediction about the XRP price and Ripple Labs as a company. As is well-known, Kitao is one of Ripple’s biggest supporters and, remarkably, a former board member of the fintech (replaced by Adam Traidman). In a Japanese […]

Data Reveals Short-Term Bitcoin Holders Refuse To Sell Despite SEC Crackdown

Data Reveals Short-Term Bitcoin Holders Refuse To Sell Despite SEC Crackdown

Amid ongoing regulatory scrutiny and fear, uncertainty, and doubt (FUD) surrounding Bitcoin (BTC), short-term holders who are often known to be the first to sell off their assets when prices decline have displayed unusual resilience in the face of the current market challenges.  According to the latest data, these holders are bucking the trend and choosing to […]

Insights On ADA’s Security Concerns: Cardano Founder And Ripple CTO Exchange Views

Insights On ADA’s Security Concerns: Cardano Founder And Ripple CTO Exchange Views

In a series of tweets, Ripple’s CTO, David Schwartz, and Cardano founder Charles Hoskinson have contested SEC’s security classification of ADA in the ongoing regulatory crackdown. Hoskinson and Schwartz’s objections to the SEC’s stance were prompted by tweets from an attorney known for supporting XRP, Bill Morgan. It’s important to note that the US SEC […]

Cardano Price Falls Below Key Support Levels, Will It Continue To Fall?

Cardano Price Falls Below Key Support Levels, Will It Continue To Fall?

Cardano’s native token, ADA, has been significantly affected by the recent downturn in the cryptocurrency market, experiencing a notable decline in price. Despite a recent surge of over 6% in the last 24 hours, the bearish sentiment continues to exert its influence. Over the past week, Cardano has encountered a loss of approximately 26% in […]

Peter Brandt Asserts Bitcoin’s Superiority, Calls Other Crypto Assets Scams

Peter Brandt Asserts Bitcoin’s Superiority, Calls Other Crypto Assets Scams

Renowned trading professional Peter Brandt recently made waves in the cryptocurrency community with his firm belief that Bitcoin (BTC) is the only crypto asset worth considering, dismissing Ethereum (ETH) and other digital currencies as mere imitators or scams. Brandt, a seasoned foreign exchange trader with a wealth of experience, boldly stated on Twitter that Bitcoin […]

Unlocking CoinStats Midas: Smart & User-Friendly Alerting System for NFTs

Unlocking CoinStats Midas: Smart & User-Friendly Alerting System for NFTs

Remember the chaos that unfolded during the NFT boom of the summer of 2021? Traders like myself resorted to tracking and mimicking transactions from high-profile NFT wallets on platforms like Nansen. It was a goldmine…until it wasn’t. The marketplace soon became a cacophony of countless transactions, making it challenging to identify the most promising opportunities. […]

How to Withdraw Money From Trust Wallet [2023]

How to Withdraw Money From Trust Wallet [2023]

Trust Wallet is a popular decentralized cryptocurrency wallet that provides non-custodial crypto asset storage, granting users full control over their cryptocurrencies. Accessible through a browser extension and a mobile application, it provides a secure storage solution for around a million digital assets. Trust Wallet supports 53 blockchains and allows users to trade coins between different […]

Cardano Price Slumps Further After BTC $25,000 Retest: Can Bulls Charge Back?

Cardano Price Slumps Further After BTC $25,000 Retest: Can Bulls Charge Back?

Cardano (ADA) has been facing a challenging market environment as the cryptocurrency weakened further amid Bitcoin’s retest of the $25,000 zone. As one of the top cryptocurrencies in terms of market capitalization, Cardano has been closely impacted by broader market trends.  This setback has raised questions about the future trajectory of Cardano and whether the […]

Bitcoin Bearish Signal: Miners Sell At 3rd Largest Scale Ever

Bitcoin Bearish Signal: Miners Sell At 3rd Largest Scale Ever

On-chain data shows that Bitcoin miners may have been selling at a historical rate recently, something that could be bearish for the asset’s price. Bitcoin Miner Inflow To Exchanges Has Registered A Spike Recently According to data from the on-chain analytics firm Glassnode, miner exchange inflows hit a peak value of $70 million recently. The […]

Shiba Inu Traders Anxiously Await Shibarium Launch Date Amidst Uncertainty

Shiba Inu Traders Anxiously Await Shibarium Launch Date Amidst Uncertainty

Shiba Inu (SHIB) enthusiasts and traders find themselves caught in a state of uncertainty as the much-anticipated Shibarium launch date remains elusive.  With the upcoming launch of Shibarium, which promises to provide a dedicated ecosystem for SHIB enthusiasts, excitement has been running high. However, despite the buzz surrounding the project, the exact date of Shibarium’s […]

Pepecoin Price Drops, Breaking Key Support Level – Further Downfall Ahead?

Pepecoin Price Drops, Breaking Key Support Level – Further Downfall Ahead?

Pepecoin (PEPE) has been grappling with a prolonged correction trend, finding itself caught in the midst of heightened selling pressure prevailing throughout the cryptocurrency market.  As the downtrend persists, new lower lows and lower highs have solidified the notion of an established downward trajectory for this peculiar meme coin. In the latest turn of events, […]