Archives par catégorie: Business

Bitcoin Sell-Side Risk Ratio Nears All-Time Lows, Big Move Soon?

Bitcoin Sell-Side Risk Ratio Nears All-Time Lows, Big Move Soon?

On-chain data shows the Bitcoin sell-side risk ratio has approached all-time lows recently, a sign that a big move could be coming for the coin. Bitcoin Sell-Side Risk Ratio Has Observed A Plunge Recently As pointed out by the lead on-chain analyst at Glassnode in a Tweet, BTC sellers may have become exhausted recently. The […]

Ethereum Staking Hits Over $40 Billion After Shanghai Upgrade: What It Means For ETH

Ethereum Staking Hits Over $40 Billion After Shanghai Upgrade: What It Means For ETH

The Ethereum (ETH) network has reached a significant milestone following the highly-anticipated Shanghai upgrade, as staking activity soars to new heights. According to crypto analytics platform Cryptorank, the Ethereum deposit contract balance has exceeded $40 billion, with users depositing over 4.4 million ETH since April 12 (the date of the Shanghai upgrade launch). This surge […]

Bitfinex And Crypto Bank OrionX Forged Partnership To Broaden Presence In Latin America

Bitfinex And Crypto Bank OrionX Forged Partnership To Broaden Presence In Latin America

A press release shared with Bitcoinist claimed that Bitfinex partnered with crypto bank OrionX. The cooperation will allow the trading venue to strengthen its foothold in the Latin American region by targeting key countries with a high demand for crypto products. Bitfinex Grows In Latin America, What’s Behind Deal With OrionX? Based in Chile, OrionX […]

Sharks & Whales Accumulate Stablecoins, Why This Could Be Bullish For Bitcoin

Sharks & Whales Accumulate Stablecoins, Why This Could Be Bullish For Bitcoin

Data shows the sharks and whales of the largest stablecoins have been accumulating, something that may turn out to be bullish for Bitcoin. Sharks & Whales Have Been Loading Up On Stablecoins Recently According to data from the on-chain analytics firm Santiment, the sharks and whales have recently improved their share of the total supply […]

Ethereum Price Trims Gains and Could Revisit Key Range Support

Ethereum Price Trims Gains and Could Revisit Key Range Support

Ethereum price failed to surpass $1,880 and declined against the US Dollar. ETH is struggling and might continue lower toward the $1,790 support. Ethereum is currently moving lower from the $1,880 resistance zone. The price is trading below $1,830 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance […]

Bitcoin Price Fails Again But This Support Could Spark Fresh Increase

Bitcoin Price Fails Again But This Support Could Spark Fresh Increase

Bitcoin price is struggling to clear the $27,500 resistance. BTC could attempt another increase if it stays above the $27,000 support. Bitcoin is still struggling to gain pace above the $27,400 and $27,500 levels. The price is trading above $27,000 and the 100 hourly Simple moving average. There was a break above a major bearish […]

Fantom (FTM) Secret Weapon: Could This Project Be The Next Big Thing In Crypto?

Fantom (FTM) Secret Weapon: Could This Project Be The Next Big Thing In Crypto?

Fantom (FTM) is a blockchain project that has gained attention in the crypto space for its unique features and potential. Despite a recent dip in key metrics such as Total Value Locked (TVL), the project has something special that many believe is worth attention. Is Fantom Poised To Disrupt The Crypto World? One of the […]

Avalanche Breaks $14 Price Level, Yet Remains Hinged On Crucial Resistance

Avalanche Breaks $14 Price Level, Yet Remains Hinged On Crucial Resistance

During the recent weekend, Avalanche (AVAX) witnessed a significant surge in selling pressure, resulting in a bearish breakout. As a consequence, the price of AVAX dipped close to a multi-month low of $13.8. However, on the 24-hour chart, the altcoin displayed a slight upward movement, showing some appreciation. On the other hand, the weekly chart […]

Is Cardano Poised for A Price Surge? A Look At Its Tight Consolidation

Is Cardano Poised for A Price Surge? A Look At Its Tight Consolidation

The Cardano price has consistently remained below the $0.38 zone for the past two weeks, indicating a strong presence of sellers in the market. Despite attempts by buyers to regain strength over the past month, their efforts have been feeble, unable to overcome the bearish sentiment. This persistent bearish price action has resulted in a […]

Santiment Explains How Bitcoin Investor Mentality Influenced Recent Price Action

Santiment Explains How Bitcoin Investor Mentality Influenced Recent Price Action

Santiment has broken down how the recent action in the Bitcoin price may have been affected by the prevailing sentiment in the market. Trends In Bitcoin Social Volume May Have Influenced The Price Recently As the on-chain analytics firm Santiment explained, BTC generally moves in the direction the crowd isn’t expecting. The relevant indicator is […]

Here’s What The Metrics Say About Polygon’s (MATIC) Uptrend

Here’s What The Metrics Say About Polygon’s (MATIC) Uptrend

The price of Polygon (MATIC) and other notable crypto assets has been experiencing some volatility recently. The fluctuations present in the MATIC market can present traders and investors with profit-earning opportunities. Within the last seven days, the price has witnessed a significant increase of 3.25%, indicating strong momentum from the bulls. Analyzing The Polygon (MATIC) Bullish […]

XRP Aims For $0.50, Hinges on Breaking Through This Price Level

XRP Aims For $0.50, Hinges on Breaking Through This Price Level

Despite the prevailing bearish sentiment in the market last week, Ripple (XRP) bulls showcased their resilience by securing gains. XRP stood out among the top 20 cryptocurrency assets, recording impressive weekly gains of over 8%. Although the daily chart displayed a relatively modest increase of more than 1%, it was enough to maintain the bullish […]