Archives par catégorie: Business

Dogecoin Next Big Hurdle: Barreling Past $0.50 Mark In 2023

Dogecoin Next Big Hurdle: Barreling Past $0.50 Mark In 2023

Dogecoin (DOGE) is now making serious waves in the investment world as the potential for its value to reach $0.50 in 2023 becomes a hot topic of discussion among crypto enthusiasts and investors alike.  Despite its humble beginnings, Dogecoin’s popularity continues to soar, and its recent performance has caught the attention of many who are […]

BNB Price Breaking This Confluence Resistance Could Spark a Significant Surge

BNB Price Breaking This Confluence Resistance Could Spark a Significant Surge

BNB price (Binance coin) is consolidating above the $320 support against the US Dollar. It could start a major increase if there is a break above $335. Binance coin price is trading in a range above $320 resistance against the US Dollar. The price is now trading below $330 and the 100 simple moving average […]

Ethereum Price Just Reversed And Signals Fresh Run To $2,000

Ethereum Price Just Reversed And Signals Fresh Run To $2,000

Ethereum price started a fresh increase above the $1,880 resistance against the US Dollar. ETH is rising and might soon aim for a move toward $2,000. Ethereum is attempting a fresh increase above $1,880. The price is trading above $1,880 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend […]

Bitcoin Price Regains Strength Post Fed Hike, $30K Could Be Next

Bitcoin Price Regains Strength Post Fed Hike, $30K Could Be Next

Bitcoin price is recovering and trading above $29,000. BTC is slowly moving higher and the bulls might soon aim for a move toward the $30,000 resistance. Bitcoin is attempting a recovery wave above the $28,800 resistance zone. The price is trading above $28,800 and the 100 hourly Simple moving average. There was a break above […]

Bitcoin Market in Disarray, But Optimism Prevails With Two Narratives

Bitcoin Market in Disarray, But Optimism Prevails With Two Narratives

The price of Bitcoin has seen a small uptick during today’s trading session, but the cryptocurrency has been unable to break the sideways trend. Today, the U.S. Federal Reserve (Fed) announced a 25 basis points (bps) rate hike, but uncertainty in the financial world remains king. As of this writing, Bitcoin (BTC) trades at $28,600 […]

FTX Bold Move: Sells SUI For $100 Million, Tokens Now Worth $1 Billion

FTX Bold Move: Sells SUI For $100 Million, Tokens Now Worth $1 Billion

According to the trader and analyst of the crypto market under the pseudonym “Googly,” the fallen crypto exchange FTX sold warrants for $884 million SUI tokens to Mysten Labs and preferred stock for less than $100 million in March. The paper valuation for the tokens is now worth $1 billion. The sale of the warrants […]

Bitcoin Rally May Not Have Hit Top Yet, Here’s Why

Bitcoin Rally May Not Have Hit Top Yet, Here’s Why

The historical pattern in this Bitcoin on-chain indicator may suggest that the ongoing rally hasn’t reached its top yet. Bitcoin 1-Year Inactive Supply Has Continued To Go Up Recently According to a post from the on-chain analytics firm CryptoQuant, the 1-year inactive supply hit a high back in March of this year. The “1-year inactive […]

SUI Plummets Over 30% As Trading Goes Live On Exchanges, What Went Wrong?

SUI Plummets Over 30% As Trading Goes Live On Exchanges, What Went Wrong?

SUI, one of the long-awaited blockchain token projects in the crypto community, finally launched earlier today. However, contrary to expectations, SUI has recorded a significant plunge in price as the trading went live on multiple exchanges.  Over the past 4 hours since its launch, the token has declined by more than 30%. This price action […]

More Dip To Come: Bitcoin Liquidity On The Move Ahead Of Major Event

More Dip To Come: Bitcoin Liquidity On The Move Ahead Of Major Event

As the Federal Reserve (Fed) prepares to announce its decision on interest rates, Material Indicators, a research and analysis firm in the cryptocurrency market, is keeping a close eye on the Bitcoin (BTC) liquidity movements. FireCharts, a popular charting platform, has tracked liquidity movements on the BTC/USDT Binance order book. Their observations have led them […]

Polygon (MATIC) Price Shows Vigor, Are Bulls Up To Something?

Polygon (MATIC) Price Shows Vigor, Are Bulls Up To Something?

May is looking up for Polygon (MATIC) price as it is seen to be in the green zone for two consecutive days. Polygon bulls have picked up steam and momentum in the new month after bears held the prices down since mid-February. Despite Polygon’s countless innovative partnerships and bullish news events, its native token remained […]

This Meme Coin Created By GPT-4 Is Now Worth $40 Million, Here’s Why

This Meme Coin Created By GPT-4 Is Now Worth $40 Million, Here’s Why

As the meme coin season continues to unfold, there have been more novel ideas coming out of the space. The most recent one that is catching investors’ attention is a meme coin that was created using the famous ChatGPT-4 artificial intelligence (AI). As the coin continues to rally, let’s take a look at its inception […]

Prominent Analysts Vouch For Crypto As The Banking Stocks Nosedive

Prominent Analysts Vouch For Crypto As The Banking Stocks Nosedive

Chaos brews in the US financial sector as banking stocks tank further, and experts claim a crypto moment is brewing. The Fed’s continuous interest rate hike to curb inflation isn’t helping matters. The rising crisis sparked reactions from prominent analysts who weighed in on a possible bull run for crypto as the bank stocks tank. […]

XRP Loses Previous Gains; Bulls Seek To Shift Momentum

XRP Loses Previous Gains; Bulls Seek To Shift Momentum

Following a sharp increase in value,  XRP overcame several major obstacles, improving its outlook. But when the price reached the significant resistance level of $0.5387 on April 19, it lost momentum and fell. XRP has seen a dramatic decline in value, giving up its prior gains. Many investors are now unsure when the momentum will […]

Biden Administration Proposes 30% Tax On Crypto Mining To Counter Environmental Impact

Biden Administration Proposes 30% Tax On Crypto Mining To Counter Environmental Impact

Several US authorities have raised concerns regarding the environmental impact of crypto mining. Previously, US lawmakers probed the crypto mining energy use and environmental impact. Biden’s administration is taking these concerns to another level. Biden’s Council of Economic Advisers (CEA) announced a 30% digital asset mining tax to offset its environmental impact. The new tax […]

New “Ethereum Killer” SUI Launches Today, What You Need To Know

New “Ethereum Killer” SUI Launches Today, What You Need To Know

Today is the day, the long-awaited launch of the next “Ethereum killer” SUI is taking place at 8:15 am EST (12:15 UTC). From a purely technical standpoint, SUI does a few things differently compared to Ethereum, and therefore the expectations are high. In addition to the bankrupt exchange FTX, the project has numerous notable backers, […]