Archives par catégorie: Business

The Ethereum price consolidation weakened as the bulls lost momentum, resulting in a nearly 4% loss in the last 24 hours and a 7% decline on the weekly chart. The technical analysis indicates considerable bearish pressure. The coin’s value remained stagnant at around $1,800, leading to waning interest from buyers and a significant decrease in […]

Bitcoin halving, also known as « the halvening, » is a significant event that occurs every 210,000 blocks mined on Bitcoin’s blockchain, which is approximately at four-year intervals. During this event, the reward for Bitcoin miners successfully validating transactions on the Bitcoin network is reduced by half. The purpose of halving is to control the supply of […]

The crypto market experienced a significant downturn over the past 24 hours, leading to a total liquidation of over $140 million as Bitcoin (BTC) continues its downtrend. According to data from Coinglass, a record of approximately 57,585 traders have been liquidated, and the total value is still counting. Notably, traders that are currently experiencing major […]

Max Kordek, the co-founder and CEO of Lisk recently announced via Twitter that the Lisk Foundation will convert 1,000 Bitcoin (BTC) to Ethereum (ETH) in the next 10 weeks, which will be held as part of the foundation’s long-term treasury. As Kordek explained in a commentary, the Lisk Foundation wants to stake its ETH, “but […]

The last two days have been especially rocky for the Bitcoin price as it has fluctuated heavily between trying for a recovery and then crashing even further. As a result of this, the price of the digital asset has revisited the $26,000 level once more and the new bearish trend may point to more decline […]

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has been experiencing a period of volatility in recent days. After hitting the $2,000 mark last month, the price of Ethereum has dropped sharply, falling below the $1,800 level on multiple occasions.  This has left investors wondering whether the bulls will step in to save the […]

Ethereum price is moving lower below the $1,800 support against the US Dollar. ETH could accelerate lower toward the $1,650 support in the near term. Ethereum is currently moving lower from the $1,850 resistance zone. The price is trading below $1,820 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming […]

Shiba Inu (SHIB) experienced a decline in social dominance over the past week, indicating a decrease in popularity for the meme coin. Despite being oversold based on its Relative Strength Index (RSI), other indicators were bearish, suggesting a potential further decline in price.  However, SHIB has a history of responding rapidly to updates within its […]

Bitcoin price continues to fall, dragging the broader crypto market down with it. BTC is down 4.52% in the last 24 hours, while ETH is down 4.10%. With a current price of $26,289, Bitcoin records its lowest value since March 14 this year, when the price dipped as low as $26,544. Why Is Bitcoin And […]

Bitcoin price is moving lower below the $28,000 level. BTC is at risk of a downside break toward the $25,000 support in the near term. Bitcoin struggled to recover above the $27,500 and $27,800 resistance levels. The price is trading below $27,500 and the 100 hourly Simple moving average. There are two bearish trend lines […]

Justin Sun, the vocal crypto supporter and co-founder of Tron and chief executive officer (CEO) of BitTorrent, says he will begin actively trading meme coins like PEPE.  Justin Sun Eying Meme Coins In a tweet on May 11, Sun, known for being a crypto whale, actively holding and transferring colossal sums of coins in the […]

The frenzy around meme-based cryptocurrencies continues, with a new player stealing the headlines from PEPE coin. Milady is the latest entrant in this space, and its self-organized meme coin, LADYS, is based on an anime avatar non-fungible token (NFT) collection. In just 24 hours, the value of Milady’s LADYS coin surged by an astonishing 5,250% […]

Elon Musk, the owner of Twitter and a big supporter of Dogecoin, the original meme coin, is stepping down as the CEO of the social media platform to focus on product development. He will act as the chief technology officer (CTO) of Twitter. Elon Musk Stepping Down As Twitter CEO In a Tweet on late […]

Over the past few days, the price of Cardano has been in a downward trend. This has led to the strengthening of bearish sentiment. In the last 24 hours, ADA experienced a dip of approximately 4.2%. Over the past week, the altcoin depreciated by close to 10%. These price fluctuations have raised concerns about investors’ […]

Bitcoin (BTC) and the U.S. Dollar Index (DXY) have been battling for supremacy in the financial world, with both assets vying for dominance in a zero-sum game. The recent volatility seen in the markets is a testament to the intensity of this battle. It is becoming increasingly clear that the outcome of this showdown will […]

Bitcoin, the largest cryptocurrency by market capitalization, has shown significant weakness in today’s trading session after failing to continue on its instant price rally following yesterday’s release of the April CPI report at 4.9%. So far, the trading week has been negative for the alpha cryptocurrency as it is seen to decline further on its […]

The Shiba Inu’s governance token, Bone ShibaSwap (BONE), will grab a new and prominent listing in India. BONE overtook PEPE and FLOKI, rising to the top in an exchange poll for the next crypto listing. Unocoin Poll Sees BONE At The Top A crypto exchange firm in India, Unocoin, recently conducted a poll on Twitter. The […]

Uniswap (UNI) has been experiencing downward movement due to general market sentiment. The downtrend started on April 19, dropping from $6 to $5. However, the price rises gradually, indicating that the bulls are building momentum. This slight increase has left traders wondering if the bearish trend is over and whether things might start getting better for […]

The US Internal Revenue Service (IRS) has filed tax claims in the FTX bankruptcy as the defunct exchange’s creditors seek fund reimbursement. This recent report shows the IRS filed dues of $44 billion in taxes associated with FTX and its subsidiaries. The disclosure revealed the agency filed the tax bill under administrative claims, prioritizing them over […]

Data shows the Bitcoin sentiment had turned quite bearish just before the asset’s price had rebounded up from the $27,100 level. Bitcoin Recovers Shortly After FUD Takes Over Market According to data from the on-chain analytics firm Santiment, investors showed high levels of fear around the time of the local bottom during the past day. […]