Archives par catégorie: Business

Cardano TVL Climbs By 10% In A Day – Is ADA Set To Soar Once Again?

Cardano TVL Climbs By 10% In A Day – Is ADA Set To Soar Once Again?

Cardano (ADA) was at the peak of its performance in 2022, boasting an all-time high Total Value Locked of over $400. However, since then, the cryptocurrency’s value has fluctuated.  But recent data from Artemis shows that Cardano’s TVL has been consistently increasing over the last six months.  The seven-day moving average of $154 million is […]

Pepe Shakes Off CZ’s Controversial Views On Meme Coins, Shoots Up 709%

Pepe Shakes Off CZ’s Controversial Views On Meme Coins, Shoots Up 709%

Pepe Coin has emerged victorious in the battle against skepticism and doubt, with an incredible rally that left even its harshest critics astounded.  Despite the naysayers, including Changpeng “CZ” Zhao, the CEO of Binance, who openly expressed his confusion towards meme coins, Pepe proved to be a force to be reckoned with. The coin has […]

Ethereum Price Showing Signs of Fresh Rally But This Resistance Is The Key

Ethereum Price Showing Signs of Fresh Rally But This Resistance Is The Key

Ethereum price is moving higher above the $1,880 resistance against the US Dollar. ETH could surge toward $2,000 or $2,050 if it clears the $1,920 resistance. Ethereum is moving higher toward the $2,000 resistance. The price is trading above $1,880 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with […]

Bitcoin Price Prints Bullish Technical Pattern, Why Close Above $30K Is Critical

Bitcoin Price Prints Bullish Technical Pattern, Why Close Above $30K Is Critical

Bitcoin price is rising steadily above $29,000. BTC could start a strong upward move if there is a close above the $30,000 resistance. Bitcoin is showing positive signs and rising toward the $30,000 resistance zone. The price is trading above $28,800 and the 100 hourly Simple moving average. There is a key rising channel forming […]

Pro-XRP Attorney Shares Information That Could Be Bullish For Ripple

Pro-XRP Attorney Shares Information That Could Be Bullish For Ripple

In a new development, a pro-XRP attorney has shared some startling information that could point toward victory for Ripple in its ongoing securities battle against the United States Securities and Exchange Commission (SEC). This ruling in another case that was similar to what Ripple is currently fighting with the SEC shows there could be a […]

Bitcoin On-Chain Transactions Reach New Heights, What’s Fueling the Surge?

Bitcoin On-Chain Transactions Reach New Heights, What’s Fueling the Surge?

The number of daily Bitcoin (BTC) transactions on the blockchain has risen, reaching an all-time high of 682,000 on May 1st. Rafael Schultze-Kraft, one of the founders of Glassnode, has suggested that this increase in transaction volume is likely due to a combination of factors.  Bitcoin Transactions Skyrocket Rafael argues that one key driver is […]

Ethereum Transaction Fees Hit May 2022 Highs, What This Means For ETH?

Ethereum Transaction Fees Hit May 2022 Highs, What This Means For ETH?

Ethereum transaction fees are once again hitting highs last seen since May 2022. This development has raised concerns about the impact on the Ethereum network usage and its native cryptocurrency, ETH. Ethereum, the second-largest crypto by market capitalization, is one of the leading decentralized finance (DeFi) and non-fungible tokens (NFTs) platforms. The network has been […]

By The Numbers: How Much You Have To Invest To Become A Memecoin Millionaire

By The Numbers: How Much You Have To Invest To Become A Memecoin Millionaire

The total market capitalization for the memecoin sector reached $19 billion in the past weeks; the launch of PEPE, WOJAK, and others have attracted new participants to the market. As a result, these assets have experienced a massive surge in value and trading volume. Over the last 24 hours, memecoin PEPE saw a 53% profit […]

Bitcoin Mega Whales Are Moving Opposite To Rest Of Market: Glassnode

Bitcoin Mega Whales Are Moving Opposite To Rest Of Market: Glassnode

On-chain data from Glassnode shows the largest Bitcoin whales have been showing the opposite behavior to what other investors have been doing. Bitcoin Market Is Observing A Moderate Distribution Phase Currently According to data from the on-chain analytics firm Glassnode, the behavior of the largest BTC whales has once again deviated from the rest of […]

US Regional Bank Failures Trigger Bitcoin Surge, $30,000 Level In Sight

US Regional Bank Failures Trigger Bitcoin Surge, $30,000 Level In Sight

Bitcoin (BTC) is on the verge of reaching the $30,000 milestone, but regional banks in the United States face significant anxiety and fear. Investors are concerned about the potential for contagion following the recent struggles of PacWest, a California-based lender. The bank’s shares have plummeted by as much as 60% overnight, causing it to reassure […]

SUI Gets A Bear Introduction On Day 2, Will Sell Pressure Continue?

SUI Gets A Bear Introduction On Day 2, Will Sell Pressure Continue?

Yesterday marked a new dawn in the crypto industry as the SUI Layer 1 blockchain launched on Mainnet with its hyped native token SUI. The news of the token launch on major exchanges brought excitement to the crypto community, and SUI did not disappoint as its native token rallied massively, recording over 2,000% in the […]

Polkadot (DOT) Under Sell Pressure As Bears Retaliate

Polkadot (DOT) Under Sell Pressure As Bears Retaliate

Over the last week, Polkadot (DOT) has had trouble gaining traction, falling by 8.41% from April 30 to May 4. However, the price is trading sideways and there might be a modest recovery next week as investors take advantage of this dip to acquire more DOT. According to CoinMarketCap, Polkadot ranks #11 among all cryptocurrencies […]

Coinbase And Ripple CLOs Meet, Will XRP Listing Follow?

Coinbase And Ripple CLOs Meet, Will XRP Listing Follow?

A new tweet by Coinbase Chief Legal Officer (CLO) Paul Grewal has sparked interest and speculations in the crypto community. The CLO expressed his appreciation to Ripple’s General Counsel, Stuart Alderoty, for their meeting, stating they needed to meet more often. In response, Stuart Alderoty thanked him for chatting with their legal team. After the […]

Nigeria’s Federal Executive Council Approves Blockchain Policy

Nigeria’s Federal Executive Council Approves Blockchain Policy

The Nigerian government has just approved a blockchain policy that will facilitate the development of a regulatory framework for the technology. The approval occurred in a May 3 Federal Executive Council meeting.  Blockchain Adoption Could Impact The Economy Positively Notably, the Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim, had presented a memo about […]

Shiba Inu Burn Rate Explodes 31,000% – Will Price Heat Up As Well?

Shiba Inu Burn Rate Explodes 31,000% – Will Price Heat Up As Well?

Shiba Inu (SHIB) has seen its burn rate skyrocket to impressive heights. This incredible surge in burn rate is causing many to speculate that a price reversal may be on the horizon, as the token’s value continues to experience significant volatility.  As the burn rate of Shiba Inu continues to soar, the cryptocurrency’s fate remains […]

Bitcoin Up After Fed Rate Reveal, Correlation With Stocks Over?

Bitcoin Up After Fed Rate Reveal, Correlation With Stocks Over?

Bitcoin has surged above the $29,000 mark following the Fed rate hike of 25 bps, a sign that the asset may be decoupling from the stocks. Bitcoin Has Jumped Despite Fed Interest Rate Hike Announcement According to the on-chain analytics firm Santiment, the cryptocurrency market has shown some promising rise potential since the rate hike […]

Bitcoin Rips Above $29,000, But Why Is The Mean Transaction Size At A 3-Year Low?

Bitcoin Rips Above $29,000, But Why Is The Mean Transaction Size At A 3-Year Low?

Bitcoin prices might be firmer when writing on May 4, rallying above $29,000 and breaking above local resistance levels in lower time frames. But the Mean Transaction Size, based on the 7-day moving average, is at a 3-year low, according to Glassnode, a blockchain analytics firm. Bitcoin’s Mean Transaction Size Crashing The Mean Transaction Size […]