Archives par catégorie: Business

After a disastrous week, the digital currency market , including the top 5 cryptos, is ready for a recovery. According to CoinGecko, the crypto market’s total market cap increased by nearly 2% in the past 24 hours. Although the broader financial market is still closely monitoring the US debt ceiling crisis, Bitcoin and Ethereum’s recent […]

The Chief Technology Officer (CTO) of Ripple, David Schwartz, has provided valuable information about the ongoing debate surrounding the burning of XRP tokens. The debate about burning XRP tokens has been hot within the XRP community, and Schwartz’s insights shed light on the XRPL’s governance structure and the decentralized nature of the network. The discussion […]

Pepecoin (PEPE) has been exhibiting a surprising level of calm in its price movement lately. However, contrary to what many may assume, this could be a red flag for Bitcoin (BTC) and the entire cryptocurrency market. According to a Bloomberg report, when an asset experiences an extended period of calm, it can be a sign […]

In a dynamic move towards digital transformation, BNY Mellon, one of the oldest banks in the United States, is pushing forward with its initiatives focused on distributed ledger technology, tokenization, and digital cash. Roman Regelman, the CEO of securities services and digital, revealed in a recent interview that the bank has been prioritizing digital assets […]

Ledger, the hardware wallet provider, recently upgraded its firmware to version 2.2.1. They introduced an additional safety net called the “Ledger Recover” that the crypto community is vehemently rejecting. While upgrades are critical considering the fast-paced nature of cryptocurrencies, Ledger is now being criticized after offering an option for users to store their seed phrases online. […]

Optimism, one of the most popular Ethereum layer-2 platforms, will release the Bedrock upgrade on June 6, 2023. Optimism Upgrading Via Bedrock In Early June The layer-2 provider on Ethereum says the release is “highly anticipated” by the community and will introduce some changes that make the protocol even more scalable, reducing transaction fees. As it is, […]

The token of the layer-2 solution Arbitrum, ARB, is one of the best-performing cryptocurrencies within the top 100 by market cap over the past seven days. With a gain of 8.5% despite the heavy drawdown in the broader crypto market, the Arbitrum token records the fifth highest price gain over the last week. Arbitrum Token […]

The co-founder of Solana, Anatoly Yakovenko, has suggested a new way in which meme coins should be distributed at their launch via Twitter. With this, Yakovenko addresses the problem that a large portion of all meme coins are scams and rug pulls that have a pre-mine in favor of the “inventors.” Meme-Coins Should Be Treated […]

CoinStats is proud to be a winner of the Leader award from SourceForge, the world’s largest software reviews and comparison website. CoinStats, the leading cryptocurrency portfolio management platform empowering crypto investors to manage their entire portfolio – crypto, DeFi, and NFTs – from a single app, was awarded the Spring 2023 Leader Award by SourceForge. […]

Dogecoin (DOGE) finds itself in a curious state of limbo. As the once frenzied sell pressure subsides, the market sees the bulls hesitating on the sidelines, uncertain of their next move.  While DOGE’s price action continues to captivate the attention of both enthusiasts and skeptics alike, its current trajectory is influenced by a unique combination […]

The Bitcoin price remains in a crucial situation in which neither the bulls nor the bears have been able to gain the upper hand so far. While the bears feel comfortable that they can push the price below $25,000 due to a perceived head and shoulders pattern, the bulls are scrambling to invalidate this thesis. […]

Floki Inu (FLOKI), the meme-inspired cryptocurrency named after the beloved dog of Elon Musk, has recently achieved a significant milestone with the announcement of three new exchange listings.  The news has caused a surge in its price – a decent 14-day hike of nearly 10%. This marks a major victory for Floki Inu, which has […]

The Securities and Exchange Commission (SEC) has responded to Coinbase’s complaint. The largest American crypto exchange had sued the SEC on April 25, demanding clarity on crypto regulation. The company filed a petition for a writ of mandamus, which requires the SEC to respond within a reasonable time. In the filing, Coinbase asks the SEC […]

Ethereum price is struggling below the $1,840 resistance against the US Dollar. ETH could face bearish moves if there is a break below the $1,800 support. Ethereum is currently facing a strong barrier near the $1,850 resistance zone. The price is trading below $1,820 and the 100-hourly Simple Moving Average. There is a key rising […]

Bitcoin (BTC) has recently experienced a brief drop below its crucial support level but has quickly rebounded to the current price of $27,300. This has resulted in the return of Call buyers, who are hoping that the level will hold and push the price upward. This has resulted in a fast-paced market, with Gamma Call […]

Data shows that Bitcoin active addresses have sharply dropped despite the high transaction demand; here’s why this may be happening. Bitcoin Active Addresses Have Seen A Sharp Plunge Recently According to the latest weekly report from Glassnode, the active addresses are around cyclical lows of 566,000. The “active addresses” metric measures the daily number of […]

Ram Ahluwalia, the CEO of PeerNova, recently commented on the liquidity challenges the crypto market faces. According to Ahluwalia, the lack of a crypto bank settlement layer has led to a significant drying up of liquidity, hurting market makers and other participants in the industry. Crypto’s Biggest Challenge In traditional finance, the solution to this […]

Bitcoin price is correcting gains and trading below $27,500. BTC must stay above the 100 hourly SMA to start a fresh increase in the near term. Bitcoin struggled to climb above $27,500 and started a downside correction. The price is trading above $26,600 and the 100 hourly Simple moving average. There is a key rising […]

The Bitcoin and the altcoins market has since been on a rollercoaster ride over the last few months, with investors looking to make gains at every opportunity, especially with the current trend of the creation of meme coins such as PEPE, AIDOGE, TURBO, and so on. Now, with the Bitcoin halving around the corner, renowned […]

The Shiba Inu community has remained consistent in burning SHIB tokens. In a week, it sent a whopping 1,748,403,277 SHIB tokens to the project’s dead wallet. The burning mechanism is part of the processes that the Shiba Inu uses to maintain stability in its ecosystem. It is a strong measure to reclaim the value of […]