Archives par catégorie: Business

SEC Reduces LBRY’s Fine From $22 Million To $111,000 After Revision of Punishment

SEC Reduces LBRY’s Fine From $22 Million To $111,000 After Revision of Punishment

The US Securities and Exchange Commission (SEC) has revised the initial punishment against a blockchain-based content provider, LBRY.  It has significantly reduced the penalty from the previous $22 million to a revised amount of approximately $111,000. SEC Revises Initial Penalty On LBRY The decentralized content-sharing platform that utilizes blockchain technology found itself in legal trouble […]

Bitcoin Price Double Fractal Points To “Extended” Parabolic Rally

Bitcoin Price Double Fractal Points To “Extended” Parabolic Rally

Bitcoin price seems to merely be grinding upwards, with a dusting of chop in between. What corrections have arrived have been minimal, and are shockingly similar in both time and price. This fractal behavior could be a sign of an important Elliott Wave signal, that not only says that BTCUSD is about to go parabolic, […]

Why Ethereum’s Yield Farming May Be The Most Exciting Thing In Crypto Right Now

Why Ethereum’s Yield Farming May Be The Most Exciting Thing In Crypto Right Now

As the world of cryptocurrencies evolves, Ethereum (ETH) investors are beginning to take notice of the power of yields and their potential impact on the crypto space. Yields, in essence, are the payments investors receive for holding cryptocurrencies, and they can come in many shapes and forms. How ETH Yields Could Revolutionize The Space One […]

Lido (LDO) Bulls Lock Horns For Rally This Week Ahead Of V2 Update

Lido (LDO) Bulls Lock Horns For Rally This Week Ahead Of V2 Update

May 15th marks a new dawn for the Ethereum liquid staking protocol, Lido Finance, as it seeks to launch the highly anticipated V2 update on its platform. According to Lido contributors, the V2 update is its biggest platform update yet and a step in the right direction toward further decentralization in the blockchain industry. The […]

Fantom (FTM) Price Surge Hints At Bullish Trend, What’s Ahead?

Fantom (FTM) Price Surge Hints At Bullish Trend, What’s Ahead?

Fantom (FTM) has been on a bearish movement since April 19, 2023, resulting in a loss of about 30%. The price decline contributed to the negative market sentiment around the asset, making it hard for any possible retracement. However, these days, some minor green candles indicate a potential bullish trend. This is because the price of […]

Toncoin (TON) Price Plummets After Bears Defy To Surrender Control

Toncoin (TON) Price Plummets After Bears Defy To Surrender Control

Recently, the price of Toncoin (TON) witnessed a rapid decline, causing investors and traders to worry about the asset’s potential. The bear’s refusal to surrender control can cause TON’s price to drop, increasing the negative market sentiment around it.  The entire cryptocurrency ecosystem is always volatile and unpredictable, with many price fluctuations based on various […]

Cardano Founder Urges Priority On Election To Avoid Further Chaos In Crypto

Cardano Founder Urges Priority On Election To Avoid Further Chaos In Crypto

The U.S. Congress Democratic committee members are preparing to endorse the Securities and Exchange Commission’s (SEC) stringent regulation of digital assets in their efforts to assert control over the crypto industry. A new memo pointing towards a hearing on digital assets regulation circulated among the Democrat committee, sparking reactions among top crypto leaders. In a […]

Has Bitcoin Rally Already Hit Top? Here’s What Puell Multiple Says

Has Bitcoin Rally Already Hit Top? Here’s What Puell Multiple Says

On-chain data shows the Bitcoin Puell Multiple has hit pretty high levels recently. Here’s what this may mean for the current rally. Bitcoin Puell Multiple Has Risen To High Levels In Recent Days As pointed out by an analyst in a CryptoQuant post, the Puell Multiple is currently at even higher levels than those seen […]

Analyst: VeChain Enters Buy Zone, Should You Jump In?

Analyst: VeChain Enters Buy Zone, Should You Jump In?

On the weekly timeframe, a crypto analyst named Egrag explained on Twitter that VeChain (VET) is currently in a buy zone. He further explained the details of its possible price behavior using trading charts and noting recurring patterns. VET is in the green today, holding onto its gains from yesterday’s closing price.  Egrag’s Analysis on […]

Zimbabwe Sells Millions of Gold-backed Crypto Tokens, Shrugs off IMF Advice

Zimbabwe Sells Millions of Gold-backed Crypto Tokens, Shrugs off IMF Advice

Zimbabwe ignored the International Monetary Fund’s (IMF) caution and engaged in the sale of its gold-backed crypto tokens. As a result, the Reserve Bank of Zimbabwe recorded huge success selling its gold-backed digital assets worth 14 billion in its native currency or 39 million in United States dollars. Zimbabwe’s Sale Of Gold-Backed Digital Tokens Attracts […]

Avalanche Nearing Key Support, Is It Expecting Recovery Anytime Soon?

Avalanche Nearing Key Support, Is It Expecting Recovery Anytime Soon?

Avalanche (AVAX) has experienced a bearish week with several price floors being lost. However, in the last 24 hours, AVAX has moved up by 1.5%, suggesting a sideways trading session. The technical analysis indicates that bears still have control over AVAX, with decreased demand and accumulation. Buyers have lost interest due to previous bearish influence. […]

South Korea Crypto Exchanges Upbit And Bithumb Probed Over Lawmaker’s Scandal

South Korea Crypto Exchanges Upbit And Bithumb Probed Over Lawmaker’s Scandal

On Monday, a local news outlet reported that South Korea’s Upbit and Bithumb crypto exchanges are under investigation by the Seoul Southern District Prosecutors Office over suspicions concerning lawmaker Kim Nam-kuk’s digital assets. Officials said they are currently investigating whether Kim used insider information to acquire his massive digital assets worth around $4.5 million and […]

Pro-XRP Lawyer Shares Opinion PEPE Explosion, What Did He Say?

Pro-XRP Lawyer Shares Opinion PEPE Explosion, What Did He Say?

Pro-XRP lawyer John Deaton has dropped his opinions on PEPE while the viral meme coin’s investors brood over its massive price plunge. The Pepe the Frog-themed meme coin became prominent immediately after launch, rallying 1,000% within the first two days. Pepe’s performance and increasing popularity secured it a listing on Binance, further pushing its price […]

Only 1,032 Addresses Control Over 60% Of All Litecoin (LTC) In Circulation

Only 1,032 Addresses Control Over 60% Of All Litecoin (LTC) In Circulation

1,032 addresses control over 51.2 million Litecoin (LTC) in circulation, on-chain data from BitInfoCharts on May 15. Litecoin Under Siege? Records from the “Top 100 Litecoin Rich List” show that 7,355,585 LTC in circulation worth $639,814,097 are controlled by 8.78% of all registered addresses. At the same time, 26,526,499 LTC worth over $2.3 billion is managed […]

Bitcoin Miners Continue To Sell, Bearish Sign?

Bitcoin Miners Continue To Sell, Bearish Sign?

On-chain data shows that Bitcoin miners have continued to sell recently, something that could be bearish for the cryptocurrency’s price. Bitcoin Miners Have Been Shedding Their Reserves Recently As pointed out by an analyst in a CryptoQuant post, there has been some intense pressure from miners in recent days. The relevant indicator here is the […]

Stablecoins Interest Spikes As Traders Look To Exit Market

Stablecoins Interest Spikes As Traders Look To Exit Market

Data shows there has been a large spike in interest around stablecoins recently, a sign that investors of Bitcoin and other assets may be looking to exit. Stablecoins Have Observed A Sharp Rise In Social Volume Recently According to data from the on-chain analytics firm Santiment, there has been a major uptick in the social […]

Ripple Transaction Count Down 65%, Will This Affect XRP Prices?

Ripple Transaction Count Down 65%, Will This Affect XRP Prices?

The number of on-chain Ripple (XRP) transactions on the XRPL is down 65% from 2.5 million on March 19 to less than 900,000 on May 14, 2023. XRP Transactions Crashing As of May 14, 2023, 852,000 transactions were processed by the XRPL, a decentralized blockchain network by Ripple Labs curated for fast value transfer. This […]

Dogecoin Clone Doge CEO Skyrockets Nearly 200% As Meme Coin Mania Rages On

Dogecoin Clone Doge CEO Skyrockets Nearly 200% As Meme Coin Mania Rages On

Doge CEO, the cryptocurrency inspired by Dogecoin, has witnessed an extraordinary surge, skyrocketing nearly 200% in the face of an ongoing mania surrounding meme coins.  As investors continue to embrace the eccentricity and unpredictability of the crypto world, Doge CEO has emerged as a captivating contender in the market.  Fuelled by the same irreverent spirit […]