Archives par catégorie: Business

Data shows the Bitcoin funding rates on the cryptocurrency exchange BitMEX have turned quite negative recently. Here’s why this may be bullish. Bitcoin Funding Rates On BitMEX Have Plunged To Deep Red Values As pointed out by an analyst in a CryptoQuant post, BTC felt a bullish boost the last time this pattern was observed. […]

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The meme coin craze surrounding PEPE has cooled down for now. PEPE peaked shortly after Binance announced the listing of PEPE. Since then, the meme coin has fallen 57% from its all-time high. However, PEPE madness could go into overtime, as the latest whale transactions show. As reported by on-chain data service Lookonchain, whales are […]

Dogecoin (DOGE) has recently experienced a rather rough ride. The daily chart of Dogecoin was overly bearish, with trading volumes stunted and negative sentiment growing among investors.  In the face of the recent downturn in Dogecoin’s fortunes, many investors are grappling with the question of whether it’s time to cut their losses and move on. […]

The Bitcoin price has failed to break above the key resistance level of $27,800 since Monday. With today’s release of the US Consumer Price Index (CPI), a directional decision may be imminent: Will Bitcoin climb again towards $30,000 or is a drop to $25,000 looming? Who Will Buckle First? The Consumer Price Index (CPI) will […]

Litecoin price is attempting a recovery wave from $75 against the US Dollar. LTC could struggle to clear $82 or $85 and might start another decline. Litecoin is slowly moving higher and correcting toward $82 against the US Dollar. The price is now trading above $85 and the 100 simple moving average (4 hours). There […]

Ethereum price is slowly moving higher from $1,840 against the US Dollar. ETH is still facing strong resistance near the $1,875 level and the 100 hourly SMA. Ethereum is currently consolidating losses above the $1,820 support zone. The price is trading below $1,875 and the 100-hourly Simple Moving Average. There was a break above a […]

Bitcoin price is consolidating losses below $28,200. BTC could start another decline unless there is a clear move above the $28,500 resistance. Bitcoin is consolidating losses and trading above the $27,000 support. The price is trading below $28,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance […]

A whale recently transferred $14.5 million of PEPE to Binance and is now buying TURBO, Lookonchain data on May 9 shows. Pepe coin (PEPE) is a meme token and one of the top-performing assets after rallying by over 10x in recent days pushing its market capitalization to over $1 billion. PEPE’s performance and trading activity […]

As Bitcoin became a more mainstream asset, its correlation with the stock market rose which meant it has been impacted by world events to a higher degree than it did before. This is evident with the asset’s reaction to the rising inflation and the Fed’s continuous hiking of interest rates. However, there seems to be […]

Unsurprisingly, the recently hyped frog-themed meme coin PEPE is now beginning to suffer a price decline, impacting late investors negatively. According to LookOnChain’s recent report, a large investor or whale who purchased a large amount of the token amid its rally has now suffered a huge loss.  This loss follows the memecoin ongoing downtrend after […]

Despite the recent market dip, Cardano’s decentralized finance (DeFi) ecosystem has seen a significant surge in activity, with transactions on Cardano DeFi apps soaring to 250,000 per epoch from 160,000 transactions during the previous epoch. This remarkable 56% increase in transaction volume has been attributed to the launch of new DeFi protocols on the network […]

There’s a rumor of a conflict of interest around the South Korean opposition lawmaker Kim Nam-Kuk over crypto transactions.  The growing domestic outrage alleged that Kim liquidated over $4 million worth of crypto assets before the lawmakers would enforce the Financial Action Task Force Travel Rule. Lawmaker Moves Crypto Funds Before Implementation Of Law A […]

Bitcoin (BTC), the largest cryptocurrency in the market, has been trading sideways since experiencing a drop of over 5% on Monday. Despite this decline, Bitcoin has found support at $27,200, preventing further drops that could potentially jeopardize the next bull run of the leading cryptocurrency. However, many investors wonder whether Bitcoin will show any signs […]

The pro-XRP Attorney and crypto lawyer John Deaton has told SEC Chair Gary Gensler to retreat his regulatory actions. The attorney demands that the commission stop protecting Americans by lashing on crypto companies. The United States has increased the tension in its crypto industry through unclear regulatory measures. Crypto regulators like the Securities and Exchange […]

Recently, the Cardano blockchain ecosystem and decentralized platform have experienced an unprecedentedly high percentage of load pressure, which has led to raised questions and concerns from the blockchain community. At the same time, its native token ADA’s price has struggled for months and has yet to record any significant gains and upside movements in the […]

Pepe is the hottest new meme coin in crypto, based on one of the most popular memes in history and one that has an enormous presence in the cryptocurrency community.  Pepe coin has already minted millionaires out of those who only rolled the dice with a few hundred dollars. In recent days, it has done […]

Litecoin has continued to decline and has now slipped under the $80 level, but if a metric is anything to go by, the coin may be near the bottom. Litecoin Is Now In The MVRV Opportunity Zone According to data from the on-chain analytics firm Santiment, some altcoins, including Litecoin, are showing underbought signals after […]

The popular crypto trading exchange Bittrex filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware. This move comes three weeks after the United States Securities and Exchange Commission filed a lawsuit against it. The US SEC charged Bittrex and its co-founder and former CEO, William Shihara, for allegedly […]

AVAX is trading in the $15 price range today, continuing its week’s price volatility. The bears seized control of its price action from April 19, 2023, forcing it down to $18.99. Since then, AVAX’s volatility has placed it between $17 and $15 as the bulls seek to regain control. Notably, its trading volume is up […]