Archives par catégorie: Business

While Shiba Inu (SHIB) token appears to be getting rivaled by another currently hyped meme coin called PEPE, the latest update shows SHIB still has a strong community devoted to its growth.  In the last 24 hours, the SHIB community continues to fulfill its burning commitment and surged SHIB’s burn rate by more than 1500%. […]

At the time of writing, there are indications of a potential market recovery, at least the major coins like Bitcoin and Ethereum are posting decent gains. Aptos (APT) is one of the tokens that is expected to experience an increase in bullishness and price. Although APT’s gains are minuscule at 1.7% in the last 24 […]

KAVA, the native token associated with the Kava platform, has experienced a whirlwind week regarding its price swing. The token, which began the week trading around $1.03, surged to $1.23 on May 23, driven by positive news within its ecosystem.  However, the bull momentum was short-lived, with the token recently experiencing a significant price correction. […]

XRP has shown recent gains on its price chart, allowing the altcoin to surpass a significant resistance level. Although the 1% increase over the past 24 hours may not be substantial, it has helped maintain bullish momentum. However, on a weekly chart, XRP has experienced minimal movement. Despite this, the technical outlook for the coin […]

In the world of crypto, the actions of large investors, known as whales, can often provide valuable insights into the market sentiment surrounding a particular digital asset. Recent data has revealed a common trend in the XRP market, as whales have been actively accumulating millions of tokens over a short period, particularly in the last […]

Litecoin (LTC) is still trending low like the rest of the cryptocurrency market but one thing that separates the altcoin from the others is its obvious bullish case. Unlike the rest of the market, Litecoin looks set for another rally which will likely be propelled forward by the next halving. Litecoin Halving Presents Bullish Scenario […]

Bitcoin’s (BTC) current sideways price action has left investors wondering what the future holds for the world’s largest cryptocurrency. The upcoming interest rate hikes by the Federal Reserve (Fed) may pose the next big challenge for Bitcoin, according to the crypto market analysis firm Blofin Academy. Is Bitcoin Ready For The Heat Of Interest Rate […]

Politicians in the United States will likely strike a deal and raise the government’s $31.4 trillion debt ceiling for two more years. Amid this debate, the price of Bitcoin is firm but lower, tracking below the psychological $30,000 level as bulls recover after posting sharp losses mid-this week. The Debt Ceiling Debate There are reports […]

Arbitrum (ARB) has been making waves in the crypto world as it recently became the 4th largest ecosystem in the market. Despite experiencing a sharp decline of 70% since its airdrop, Arbitrum’s native token has continued to gain attention from investors, currently trading around $1.158, down from $1.1808 on April 18th. Arbitrum Defies The Odds […]

The price of Uniswap, the largest decentralized exchange by trading volume, is down roughly 35% from Q1 2023 peaks. Even so, on-chain data from Etherscan shows that there has been a steady increase in the number of UNI holders in the past two days. As of May 13, there were 369,646 UNI holders. Since then, the […]

Toncoin (TON) has experienced a negative price decline, resulting in a bearish sentiment among investors of the altcoin. TON has been exhibiting a bearish strength on a monthly timeframe, based on data from CoinMarketCap.  Within the last 30-Day trading session, the asset is down by 15,67%, indicating a high bearish strength with low buying pressure. […]

In a recent note, JPMorgan strategists have made a prediction, suggesting that Bitcoin (BTC) could soar and revisit its former trading price of $45,000 due to the rising price of gold. This prediction comes amid Bitcoin’s price action of a blend of bulls and bears in the past week. Meanwhile, over the past 24 hours, […]

A top SHIB whale added $1.18 million worth of Shiba Inu within 24 hours. Data from Etherscan.io reveals that this whale ranked as the nineteenth largest SHIB holder accumulating 140 Billion SHIB. The whale acquired the SHIB tokens in two separate transactions marking its second massive accumulation within 72 hours. SHIB Token Burns And Shibarium […]

On-chain data suggests a majority of the Bitcoin exchange inflows are currently coming from investors holding their coins at a loss. Bitcoin Exchange Inflow Volume Is Tending Towards Losses Right Now According to data from the on-chain analytics firm Glassnode, the short-term holders are mostly contributing to these loss inflows. The “exchange inflow” is an […]

On-chain data from Santiment suggests that altcoins across the entire cryptocurrency sector may be underbought right now. MVRV Of The Various Altcoins Suggests Underpriced Conditions According to data from the on-chain analytics firm Santiment, cryptocurrency assets have become underbought as traders are now capitulating following a failed price rebound. The relevant indicator here is the […]

Shiba Inu (SHIB) has experienced a significant price drop, causing a considerable number of investors to find themselves in a precarious position.  With the recent downward trend in SHIB’s value, a staggering 1 million addresses now find themselves in the red zone, facing losses in their investment.  In the context of crypto trading, the term […]

MATIC price is recovering from the $0.82 support zone. Polygon might rise further but there is a major barrier forming near the $1.00 zone. MATIC price is attempting a recovery wave above the $0.86 resistance against the US dollar. The price is trading above $0.86 and the 100 simple moving average (4 hours). There was […]

Bitcoin price is struggling to recover above the $26,650 resistance. BTC might start another decline if it stays below the $26,650 resistance zone. Bitcoin is consolidating below the $26,600 and $26,650 resistance levels. The price is trading below $26,650 and the 100 hourly Simple moving average. There is a major bearish trend line forming with […]

Ethereum price started a recovery wave above the $1,780 level against the US Dollar. ETH must clear $1,820 to start a decent increase in the near term. Ethereum is currently consolidating below the $1,820 resistance zone. The price is trading below $1,820 and the 100-hourly Simple Moving Average. There is a major bearish trend line […]

Crypto exchange Coinbase announced and launched the testnet for its very own Layer 2 blockchain called Base earlier in February 2023. Since the launch, there have been speculations about the exchange launching a token for the L2, which has now been clarified in the newly released roadmap for Base. Base Roadmap Mentions No Token Following […]