Archives par catégorie: Business

Bitcoin price started a fresh decline below the $25,500 support. BTC is now at a risk of more losses toward the $24,000 support zone. Bitcoin is gaining bearish momentum below the $25,500 support. The price is trading below $25,500 and the 100 hourly Simple moving average. There was a break below a key rising channel […]

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, 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 […]

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 (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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

The Bitcoin and crypto market faces the most important event of this week and probably the entire month of June today with the Federal Open Market Committee (FOMC) meeting of the US Federal Reserve (Fed) at 2:00 pm EST (release of the interest rate decision) and the following press conference at 2:30 pm EST. For […]

Polkadot (DOT), one of the leading cryptocurrencies in the ever-evolving blockchain ecosystem, is currently navigating a critical juncture in its recovery journey. Despite showing promising signs of rebounding from previous price corrections, DOT’s path to sustained growth is encountering significant roadblocks that could potentially lure sellers back into the market.  Related Reading: XRP Smothered In […]

The company behind the issue of USDT stablecoin, Tether Holdings, has announced that it will work with a third-party exchange to convert 750 million USDT from Tron to Ethereum ERC20 via a chain swap. With a current market valuation of $83.37 billion, USDT is by far the most valuable stablecoin in existence. Stablecoin use has soared […]

Despite the recent flood of major news in the crypto sector, one topic is more hotly debated than any other at the moment: Is Binance selling Bitcoin on the spot market to prop up the Binance Coin (BNB)? NewsBTC already reported yesterday that the rumor emerged after crypto trader “JW” drew attention to eye-catching data. […]

XRP, the cryptocurrency at the center of the continuing legal battle between payment company Ripple and the US Securities and Exchange Commission, faces a crucial turning point with the unsealing of the highly-anticipated Hinman documents on Tuesday. This development carries significant implications for the future of the cryptocurrency market. During an address in 2018, former […]

BNB price (Binance coin) is slowly recovering above $245 against the US Dollar. The price might face heavy resistance near $268 and $270. Binance coin price is attempting a recovery wave above $230 against the US Dollar. The price is now trading below $280 and the 100 simple moving average (4 hours). There was a […]

Ethereum price is finding bids above the $1,720 zone against the US Dollar. ETH could start a decent recovery if there is a move above the $1,770 resistance. Ethereum is struggling below the $1,770 and $1,780 resistance levels. The price is trading below $1,770 and the 100-hourly Simple Moving Average. There was a break above […]

Bitcoin price is forming a base above the $25,500 support. BTC could start a fresh increase if it clears the key $26,200 resistance zone in the near term. Bitcoin is holding the key $25,500 support zone and consolidating. The price is trading above $26,000 and the 100 hourly Simple moving average. There is a major […]

Ethereum is finding itself in a very dangerous position, with its fate possibly in the hands of the US SEC: Is it a security, or is it a commodity? Is it decentralized enough?  While the industry figures itself out,  it is now or never for an ETHUSD rally, or there is heightened risk of a […]

Ethereum (ETH) has experienced a sharp decline since Saturday, dropping from the $1,838 line down to the current level of $1,738 while XRP traded sideways. This has caused concern among investors and traders in the Ethereum market. However, experts and analysts believe the recent disclosure of the Hinman documents on June 13th could mark a […]