Archives par catégorie: Business

Bitcoin Volatility Shrinks To Historical Levels, Violent Move Incoming?

Bitcoin Volatility Shrinks To Historical Levels, Violent Move Incoming?

Data shows that Bitcoin volatility is currently at historically low levels, something that has led to violent price moves in the past. Bitcoin 7-Day Range Has Compressed To Just 3.4% Recently According to data from the on-chain analytics firm Glassnsode, the current 7-day price range is comparable to levels seen back in January of this […]

Shiba Inu (SHIB) Burn Continues As Community Destroys 3 Billion Tokens In One Week

Shiba Inu (SHIB) Burn Continues As Community Destroys 3 Billion Tokens In One Week

The Shiba Inu community remains passionate about controlling its price action by eliminating excess tokens in circulation through burn events as the community has continued to burn SHIB tokens. Recent data from Shibburn.com reveals that 3.05 billion SHIB got burnt in eight separate burn transactions in the past seven days. The latest statistics represent a 75% […]

$120 Million Of Aave Funds Stuck In Polygon, Good For Bears?

$120 Million Of Aave Funds Stuck In Polygon, Good For Bears?

Following a recent update, over $120 million of Aave v2, a decentralized finance (DeFi) protocol for lending and borrowing tokens, user assets are “stuck” on Polygon. Bug On Aave v2 On Polygon The bug affecting withdrawals from Aave v2 deployed on Polygon, an Ethereum side-chain, has been pinned to the recent implementation of “proposal 224”.  […]

Shiba Inu Struggles To Initiate A Breakout: Will It Defy Resistance And Rebound?

Shiba Inu Struggles To Initiate A Breakout: Will It Defy Resistance And Rebound?

Shiba Inu (SHIB) found itself in a tight spot as it continued to struggle beneath a significant resistance level. Despite the hopeful anticipation of a bullish reversal, the lack of trading volume acted as a hindrance, dampening the prospects for an upward breakthrough.  As SHIB enthusiasts anxiously awaited a potential turnaround, the resistance level posed […]

Bitcoin In Trouble: Market Guru Predicts Price Dip Below $20,000

Bitcoin In Trouble: Market Guru Predicts Price Dip Below $20,000

Bitcoin (BTC) has been struggling to regain its momentum as its price remains stuck below the $27,000 mark. This prolonged period of stagnation has prompted Michael J. Kramer, a renowned market strategist, to voice his apprehensions about an impending market breakdown for Bitcoin.  Taking to Twitter, Kramer shared his concerns, highlighting the potential risks and […]

Ethereum Price Remains Range Bound As Bulls Await The Next Major Move

Ethereum Price Remains Range Bound As Bulls Await The Next Major Move

Ethereum price is facing a barrier near the $1,840 resistance against the US Dollar. ETH could attempt another upside break if it clears the $1,825 and $1,840 resistance levels. Ethereum is currently facing many barriers near the $1,840 resistance zone. The price is trading below $1,810 and the 100-hourly Simple Moving Average. There is a […]

Bitcoin Price Holds Support But Bears Are Still In Control

Bitcoin Price Holds Support But Bears Are Still In Control

Bitcoin price is holding the key $26,550 support zone. BTC could start a major decline if there is a close below $26,550 and $26,400. Bitcoin started another decline and traded below the $26,850 level. The price is trading below $27,000 and the 100 hourly Simple moving average. There is a major bearish trend line forming […]

Will Bitcoin Prices Limit And Slow Down The Number Of BTC ‘Wholecoiners?’

Will Bitcoin Prices Limit And Slow Down The Number Of BTC ‘Wholecoiners?’

On May 20, Caitlin Long, the founder of Custodia Bank, retweeted and revived an intriguing question posed by Adam Back, CEO of Blockstream, on whether the number of the so-called Bitcoin “wholecoiners” has peaked. Is The Number Of Bitcoin Wholecoiners Peaking? Her question is when the number of wholecoiners, or individuals holding at least 1 […]

Evaluating Cryptocurrency Potential Before Buying

Evaluating Cryptocurrency Potential Before Buying

Digital assets have experienced exponential growth in recent years, with CoinMarketCap listing over 23,500 cryptocurrencies as of April 2023 and the global market capitalization surpassing $2 trillion. Investors from all walks of life have been drawn by the potential returns and transformative nature of cryptocurrencies. However, even seasoned investors can find it challenging to navigate […]

Luna Classic (LUNC) Price Prediction 2024

Luna Classic (LUNC) Price Prediction 2024

Luna Classic (LUNC) is the rebranded cryptocurrency of the $LUNA token within the original Terra blockchain. The original Luna cryptocurrency was created in 2018 and rebranded to LUNC following the collapse of the Terra ecosystem in May 2022. Luna Classic represents the original Terra blockchain, preserving all its original characteristics and capabilities. However, it’s important […]

Crypto Expert Predicts Ethereum (ETH) To Reach $457,000 – Here’s How

Crypto Expert Predicts Ethereum (ETH) To Reach $457,000 – Here’s How

The world of crypto is filled with fascinating possibilities and unexpected growth. In a recent series of tweets, Adam Cochran, a partner at CEHV, sparked a wave of Ethereum discussions by presenting a compelling case for Ethereum’s token, ETH, to potentially surge to as high as $457,081. Revealing The Analysis Cochran addressed skeptics who questioned […]

Render (RNDR) Price Surges 32% In Single Week – Here’s Why

Render (RNDR) Price Surges 32% In Single Week – Here’s Why

Render (RNDR) has been on an upward trajectory, recording some of the biggest profits in the crypto market this past week. This show of strength by the metaverse cryptocurrency coincides with a busy week dominated by the bulls.  However, it appears that the RNDR price increase is not a result of general market sentiment. So, […]

Conflux Token (CFX) Retraces After 39% Gains In Seven Days

Conflux Token (CFX) Retraces After 39% Gains In Seven Days

Conflux (CFX), the token powering Conflux’s high throughput, Tree-Graph powered layer-1 blockchain, experienced a rollercoaster ride in a whirlwind of price fluctuations. Last week, it tumbled to a low of $0.20 per token, leaving observers on edge. However, it managed to climb back up over the course of the week, reaching a level of $0.330. […]

Tornado Cash (TORN) Suffers 27% Drop As Hackers Strike

Tornado Cash (TORN) Suffers 27% Drop As Hackers Strike

Tornado Cash (TORN) has experienced a sudden fall in its market price over the last few hours following news of the DeFi protocol suffering a crypto exploit late yesterday. According to data from CoinMarketCap, Tornado Cash is down 28.25% in the last 24 hours, albeit this only represents a retraced value. Following news of TORN’s […]

Bitcoin And Ethereum Supply Drops To Record Lows Unseen Since 2015 And 2017

Bitcoin And Ethereum Supply Drops To Record Lows Unseen Since 2015 And 2017

Amid the tussle between the bulls and bears in the crypto market over the past week, the circulating supply of both Bitcoin (BTC) and Ethereum (ETH) has reached record lows, triggering speculation about the potential impact on the cryptocurrency market. Data provided by Santiment reveals a significant decrease in the amount of BTC and ETH […]

XRP Emerges As Top Performing Crypto With 55% Surge – Messari Report

XRP Emerges As Top Performing Crypto With 55% Surge – Messari Report

Amid the prevailing bearish trend in the crypto market, XRP has stayed afloat above other assets with impressive gains. A report from a leading crypto market intelligence product provider, Messari, revealed the Ripple native currency XRP took the lead in the overall crypto market in Q1. XRP Takes The Lead In Overall Crypto Market According […]

Injective (INJ) Surges By 19% Following ‘Surprise’ NFT Announcement

Injective (INJ) Surges By 19% Following ‘Surprise’ NFT Announcement

Injective (INJ) is one of the few tokens to have racked up impressive gains in the last week. While most of the assets in the crypto market were marked by insignificant price actions leading to little gains or losses, INJ stood out with an excellent price movement to become one of the biggest weekly gainers.  […]