Archives par catégorie: Business

Here are the pricing model lines that Bitcoin might have to stay above if the bullish momentum of the cryptocurrency has to continue. These Bitcoin Pricing Models Are Currently Near The Spot Price In a new tweet, the on-chain analytics firm Glassnode has pointed out how the three pricing models, the adjusted realized price, the […]

In a recent post, Ripple CTO, David Schwartz, explained Automated Market Makers (AMMs) – a vital component in the decentralized finance (DeFi) framework, and their trading strategies for profit. Schwartz states that AMMs thrive when an asset is volatile but does not change its price direction much. Schwartz explained further that an asset whose volatility […]

What is cryptocurrency investment? Cryptocurrency investment in its most basic form is the process of buying digital currencies and holding them in the hope that the market falls in your favour while your portfolio increases in value. The value of a cryptocurrency is determined by the principle of supply and demand. As demand for a […]

Bitcoin is recording minor profits on higher timeframes but has been unable to display significant price action. In this context, volatility is reaching a record low, but the status quo could suddenly shift in the short term. As of this writing, Bitcoin trades at $27,100 with sideways movement in the last 24 hours. In the […]

Justin Sun, the founder of the Tron blockchain, has announced that the Tron network’s native asset, TRX, can now be fully accessed on Ethereum (ETH), the largest altcoin network in the cryptocurrency industry. This has been made possible through the BitTorrent Bridge, which allows for seamless interoperability between the two blockchains.  BitTorrent Bridge Paves The […]

Litecoin has recently managed to break past the $95 mark as on-chain data shows the whales have become active on the network. Litecoin Has Surged After Spike In Whale Activity According to data from the on-chain analytics firm Santiment, the current whale activity is the highest it has been since January. The relevant indicator here […]

Bitcoin and the broader cryptocurrency market have been trending sideways for the last month with no indication of an upside at this point. However, not everyone is bearish on the market as Galaxy Digital CEO Mike Novogratz expects the market to turn bullish soon, and he gives reasons for why he believes this will happen. […]

Ethereum Liquid staking derivatives (LSD) tokens are taking over the reins today as they have begun another rally. This rally was a result of an accelerated rate of ETH staking, which has led to a surge in the balances of these liquid staking protocols. LSD Tokens Take Advantage Of The Surge As the total amount […]

Ripple’s token price is climbing above the $0.50 resistance against the US Dollar. XRP price is signaling more upsides toward $0.55 or $0.565. Ripple’s token price started a decent increase above the $0.500 resistance against the US dollar. The price is now trading above $0.505 and the 100 simple moving average (4 hours). There is […]

Ethereum price started a decent increase above the $1,870 resistance against the US Dollar. ETH could attempt an upside break above the key $1,920 resistance. Ethereum is slowly attempting a recovery wave from the $1,840 support zone. The price is trading above $1,870 and the 100-hourly Simple Moving Average. There was a break above a […]

Bitcoin price is consolidating above the $26,500 support. BTC could decline heavily if there is a clear move below the $26,500 support. Bitcoin is still struggling to stay above the $26,500 support zone. The price is trading below $27,250 and the 100 hourly Simple moving average. There is a key bearish trend line forming with […]

The recovery of Bitcoin and other cryptocurrencies at the start of the year brought about hopes that the bear market had finally come to an end. However, the market has since reversed with assets in the space losing a good portion of their Q1 gains. With the current trend, it is more than likely that […]

Lido, the liquidity staking protocol that supports staking, is now under some of the Ethereum community members’ crosshair. There are fears that the platform is centralizing Ethereum and could make the blockchain fragile. As of June 1, Lido is the largest decentralized finance protocol. DeFiLlama data shows that the platform manages $13.2 billion  in staked assets.  […]

Cryptocurrency exchange Gate.io has recently been facing rumors of insolvency following the arrest of Multichain CEO Zhaojun and concerns about the Multichain treasury being backed by 30%. These rumors have led to increased withdrawals from the exchange, with a net outflow of $131 million in the last 24 hours alone. To put this into perspective, […]

Klima DAO is a decentralized autonomous organization (DAO) and DeFi protocol that aims to combat climate change by using cryptocurrency to incentivize the reduction of greenhouse gas emissions. It generates tokenized carbon credits in the form of its native KLIMA token. Carbon markets exist to sustainably minimize greenhouse gas emissions, establishing emission limits and financial […]

Litecoin could be single-handedly be saving the crypto market from further catastrophe. If an ongoing bullish breakout attempt is successful, it could revitalize cryptocurrency bulls across all assets. Why LTCUSD Is Poised To Lift The Crypto Market Back in early 2019, LTCUSD would often lead Bitcoin rallies. If Litecoin was pumping, you could be sure […]

Bitcoin (BTC) has been on a rollercoaster ride for weeks. However, the largest cryptocurrency in the market seems poised to breach the $30,000 mark again if it continues its bullish momentum. Nevertheless, cryptocurrency experts are eyeing a key technical price level that could signal further volatility for the world’s most popular cryptocurrency. According to crypto […]

Ripple, the blockchain company behind the XRP, has released 1 billion XRP tokens from its escrow. The firm previously locked the coins in the escrow system to ensure the XRP ecosystem and market stability. Ripple’s Monthly Unlock Of 1 Billion XRP Tokens According to data from the on-chain analytics firm Whale Alert, Ripple Labs unlocked […]

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The Shiba Inu community burnt over 15 billion SHIB tokens in May 2023, showing their commitment to reducing the circulating supply. The intention of such burns is to reduce the total supply of the coin from market Blaze Token is the top SHIB burner of the month, with MARSWAP (MSWAP) and Coinbase 10 among the […]