Archives par catégorie: Business

DASH Price Continues To Follow A Downward Trend, But Why?

DASH Price Continues To Follow A Downward Trend, But Why?

One of the leading scalable payment providers in the world, DASH, has attained a significant level in the crypto industry. But like other cryptocurrencies, the price of DASH is subject to volatility, and its value can fluctuate significantly in a short period.  Unfortunately, Since February 16, 2023, DASH has witnessed a loss of about 45.45%, […]

Is the Next Bitcoin Bull Run Tied To The US Presidential Elections? Here’s What History Tells Us

Is the Next Bitcoin Bull Run Tied To The US Presidential Elections? Here’s What History Tells Us

Bitcoin (BTC), the world’s first and largest cryptocurrency, has been associated with several bull runs over the years. One of the most notable uptrends occurred in 2012, and financial analyst and cryptocurrency expert Aditya Siddhartha has linked it to the United States of America (USA) Presidential Elections.  Why Does The US Presidential Elections Matter For […]

Bitcoin Price In A Turbulent Week: This Crypto Market Strategist Weighs In

Bitcoin Price In A Turbulent Week: This Crypto Market Strategist Weighs In

Bitcoin, the world’s largest and most well-known cryptocurrency, has had a tumultuous past few days, and according to Mike McGlone, a senior macro strategist at Bloomberg Intelligence, the volatility in the BTC market could very well impact other risk assets.  McGlone believes that BTC’s influence on the market has become contagious, and as a result, […]

Bitcoin Plunge Under $28,000 Only Temporary? This Metric Suggests So

Bitcoin Plunge Under $28,000 Only Temporary? This Metric Suggests So

Bitcoin has now plunged under the $28,000 level, but the data of an on-chain indicator may suggest that this drop could only be temporary. Bitcoin Short-Term Holder SOPR Has Dropped Just Under The 1 Level As pointed out by an analyst in a CryptoQuant post, the current values of the metric have generally served as […]

Ethereum Gas Fees Skyrocket: What Does It Mean For Investors?

Ethereum Gas Fees Skyrocket: What Does It Mean For Investors?

Ethereum, the world’s second-largest cryptocurrency by market capitalization, is currently facing a significant issue: soaring gas fees.  Gas fees, also known as transaction fees, are payments made to miners on the Ethereum network for processing transactions. These fees have been rising steadily over the past few months, reaching record highs in recent days.  The situation […]

Ethereum Price Takes a Bit Hit: Main Reasons $1,720 or $1,650 Are Likely Targets

Ethereum Price Takes a Bit Hit: Main Reasons $1,720 or $1,650 Are Likely Targets

Ethereum price started a fresh decline below the $1,850 level against the US Dollar. ETH is at risk of a drop toward the $1,650 support zone in the near term. Ethereum is moving lower below the $1,880 support zone. The price is trading below $1,860 and the 100-hourly Simple Moving Average. There is a key […]

Bitcoin Bears Gains Strength – Is This Renewed Downtrend or Just Correction

Bitcoin Bears Gains Strength – Is This Renewed Downtrend or Just Correction

Bitcoin price is moving lower below $28,000. BTC is approaching the $27,000 support, below which there is a risk of an extended decline to $25,500. Bitcoin is moving lower and trading below the $28,200 pivot level. The price is trading below $28,000 and the 100 hourly Simple moving average. There is a major bearish trend […]

Is Bitcoin Crashing Because Of A “Successful” DDOS Attack?

Is Bitcoin Crashing Because Of A “Successful” DDOS Attack?

Recent reports suggest that Bitcoin is under a Distributed Denial-of-Service (DDoS) attack, forcing prices lower and transaction fees higher. The attack, observers note, is orchestrated through spam inscriptions that are clogging up the network, inconveniencing users. Bitcoin Is Under Attack? The so-called spam transactions via the Bitcoin Ordinals platform have prompted many to speculate that […]

Bitcoin Bull Run In Jeopardy As Parabolic SAR Flips Bearish On Daily Chart

Bitcoin Bull Run In Jeopardy As Parabolic SAR Flips Bearish On Daily Chart

Bitcoin (BTC), the world’s largest cryptocurrency, is facing a potential correction as it loses support at a critical level and trades at $27,300. Technical analysis shows that the Parabolic SAR has flipped bearish on the daily chart, indicating a possible downturn shortly. Bitcoin’s price has also dropped below the 50 exponential moving average (EMA), a […]

Pro-XRP Lawyer Weighs In On The Ongoing Lawsuit Ruling

Pro-XRP Lawyer Weighs In On The Ongoing Lawsuit Ruling

Bill Morgan has weighed in on discussions regarding the XRP lawsuit while the crypto community awaits the judge’s ruling. Morgan responded to a Twitter user, Marc Fagel, who’s been debating the XRP lawsuit with John Deaton. Morgan noted that Judge Torres was clear regarding her line of judgment on the Ripple case. Notably, the main […]

Binance Records Highest BTC Outflows In its History; What’s the Catch?

Binance Records Highest BTC Outflows In its History; What’s the Catch?

The latest report by on-chain tracker Whalewire shows Binance is experiencing unusual Bitcoin outflows over the past 24 hours, the highest in its history. Whalewire reported that over 162,000 BTC, worth more than $4.5 billion, left the exchange in a day. The tracker believes something fishy is ongoing with Binance, as the crypto exchange has […]

Chainlink (LINK) Price Crumbles As The Bears Take Down Previous Gains

Chainlink (LINK) Price Crumbles As The Bears Take Down Previous Gains

The bullish trend that Chainlink (LINK) has enjoyed for much of its existence seems to have recently ended. The price of LINK has crumbled as the bears take down the bulls, leaving investors wondering what the future holds for the asset. There was a significant 24.55% decrease within the past weeks in the Chainlink (LINK) […]

PEPE Token Futures Cast Gloom For Investors As Prices Plummet By 45%

PEPE Token Futures Cast Gloom For Investors As Prices Plummet By 45%

Pepecoin (PEPE) tokens were issued in mid-April and quickly gained popularity among investors, reaching a market capitalization of $1.8 billion in just over three weeks. However, the meme coin’s journey took a downward turn as the token dropped nearly 45% from their peak on Friday, causing a ripple of concern among investors. Some speculate that […]

Binance To Activate Bitcoin Lightning Network Withdrawals

Binance To Activate Bitcoin Lightning Network Withdrawals

After suspending Bitcoin withdrawals multiple times in the past 24 hours, the world’s largest crypto exchange announced plans to create a lasting solution. The firm now plans to include the Bitcoin lightning network for BTC transactions. The only downside is that the alternative comes with a higher fee. But the exchange revealed plans to cushion […]

Shiba Inu Price Crash Persists Despite Trillions Of SHIB Tokens Being Bought Up

Shiba Inu Price Crash Persists Despite Trillions Of SHIB Tokens Being Bought Up

Shiba Inu [SHIB] is facing a significant price drop despite trillions of the meme coins being purchased. However, this amount of purchase can’t seem to stop its price crash. What could be causing this downward trend, and will it continue in the coming months? Despite the large number of Shiba Inu tokens purchased, the cryptocurrency […]