Archives par catégorie: Business

Terra Classic Recent Efforts Could Benefit LUNC’s Growth Potential

Terra Classic Recent Efforts Could Benefit LUNC’s Growth Potential

Terra Classic has been doing extensive clean-up work following the Terraport hack which shook the foundation of the ecosystem. This even led to the de-peg of the ecosystem’s stablecoin, USTC, leading to another catalyst for the bears to exploit.  Despite this, Terra Classic is putting in the work to re-anchor USTC to the US dollar. […]

Why Coinbase CEO Believes SEC’s Crypto Warning Is Harmful To The US

Why Coinbase CEO Believes SEC’s Crypto Warning Is Harmful To The US

Coinbase Global and the US Securities and Exchange Commission have been at loggerheads for some time, and on Friday, Coinbase CEO Brian Armstrong released a video message calling the SEC’s warning “not constructive” and “not good for America.” The friction between Coinbase and the SEC is part of a bigger attempt by the US government to regulate […]

Why This Top Financial Expert Is Saying ‘Buy Bitcoin’ Amid Looming Bank Failures

Why This Top Financial Expert Is Saying ‘Buy Bitcoin’ Amid Looming Bank Failures

The traditional banking system is facing major challenges, and according to top financial expert Bernstein, Bitcoin (BTC) could be a savior. Bernstein analysts foresee Bitcoin’s long-awaited mainstream adoption could be potentially triggered by the US banking crisis. The analysts suggest that the current state of the banking system will fuel a “new crypto cycle,” driven […]

Ethereum Price Looks Set For Another Leg Over $2K

Ethereum Price Looks Set For Another Leg Over $2K

Ethereum price is trading in a positive zone above $1,850 support against the US Dollar. ETH could rally toward $2,000 if it stays above the $1,880 support. Ethereum is consolidating and facing resistance near the $1,925 level. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There is a key contracting triangle […]

Bitcoin Bulls Keep Pushing, Why Rally Isn’t Over Yet

Bitcoin Bulls Keep Pushing, Why Rally Isn’t Over Yet

Bitcoin price started a fresh increase above the $29,000 resistance. BTC could rally if there is a clear move above the $30,000 resistance. Bitcoin is moving higher above the $28,800 and $29,000 resistance levels. The price is trading above $28,800 and the 100 hourly Simple moving average. There is a major contracting triangle forming with […]

PancakeSwap (CAKE) Plummets 24% Amidst Debate Over Reduced Staking Rewards

PancakeSwap (CAKE) Plummets 24% Amidst Debate Over Reduced Staking Rewards

PancakeSwap (CAKE) token holders have been on a roller coaster ride as stakers brace for reduced rewards. The community is debating a change in the token’s economic model. Over the past week, governance token, CAKE, has suffered a continuous downward trend, dropping by 24%. Though the proposed change appears favorable to PancakeSwap, the heated debate […]

XRP Dominates The Market: ADV On Centralized Exchanges Surged by 46% In Q1 2023, Report

XRP Dominates The Market: ADV On Centralized Exchanges Surged by 46% In Q1 2023, Report

XRP, the sixth-largest cryptocurrency by market capitalization, has recorded significant gains in the first quarter of 2023. Despite a drop from its yearly high of $0.590, XRP dominated the crypto market with total sales in Q1 2023 of $361.06M, net of purchases, compared to $226.31M in the previous quarter. XRP Shines In Q1, Records Impressive […]

Dogecoin Bears Unshaken Despite New Trading Pair Addition On Top Exchange

Dogecoin Bears Unshaken Despite New Trading Pair Addition On Top Exchange

Dogecoin bears dealt a blow on the Shiba Inu-inspired meme-coin yesterday after a sudden Bitcoin rally which saw the alpha coin reclaim the $30,000 price level and instantly crash to previous support levels. Several cryptocurrencies, including DOGE, recorded losses after what looked to be bullish sentiments returned to the market as Bitcoin rallied. However, today’s […]

Bitcoin Bloodbath: Market Volatility Sparks Panic, Wipes Out $1 Billion In Open Interest

Bitcoin Bloodbath: Market Volatility Sparks Panic, Wipes Out $1 Billion In Open Interest

In the last 24 hours, Bitcoin (BTC) has experienced a sharp increase in volatility, with prices fluctuating between $29,000 and $27,000, given the lack of liquidity in the market. This sudden price action has had a significant impact on bulls and bears. However, as of this writing, Bitcoin has managed to recover the $29,000 level, […]

Avalanche Remains Under Pressure Despite Circle’s CCTP Effort

Avalanche Remains Under Pressure Despite Circle’s CCTP Effort

The native currency of Avalanche, AVAX, remains under pressure despite Circle’s effort to launch a facility that will enable the direct transfer of USDC between Ethereum and Avalanche blockchains.  Avalanche (AVAX) Is Down 18% From April 2023 Peaks Avalanche is a smart contracting platform with sub-second transaction finality and a rival of Ethereum. However, considering the […]

Filecoin Price Struggles To Move, Will It Surpass The $6 Barrier?

Filecoin Price Struggles To Move, Will It Surpass The $6 Barrier?

The 30th largest cryptocurrency Filecoin (FIL) has recorded an increase in its 24-hour trading volume. This recent trend has attracted investors and traders closely monitoring its price movement. However, the coin struggles to break through the important $6 resistance. The question now is, will Filecoin be able to break the $6 barrier? What’s the future […]

Chainlink Pushes Above $7, Will The Short-Term Recovery Hold?

Chainlink Pushes Above $7, Will The Short-Term Recovery Hold?

The price of Chainlink had been in a period of consolidation over the past few sessions. However, the bulls were recently able to break above an important resistance level. Despite this recent bullish action, the daily chart showed a 6% depreciation and on the weekly chart, LINK had a 9% loss. The technical outlook looked […]

Bitcoin Accumulation: HODLers Are Buying 15,000 BTC Per Month

Bitcoin Accumulation: HODLers Are Buying 15,000 BTC Per Month

On-chain data shows the Bitcoin HODLers are currently displaying net accumulation behavior, as they grow their holdings by 15,000 BTC per month. Bitcoin Long-Term Holders Have Been Accumulating Recently According to data from the on-chain analytics firm Glassnode, these investors were previously aggressively distributing during the bear market lows. The HODLers, or more formally, the […]

Kaspa (KAS), Render (RNDR), Injective (INJ) See Upside Amid Market Crash, What’s Going On?

Kaspa (KAS), Render (RNDR), Injective (INJ) See Upside Amid Market Crash, What’s Going On?

Kaspa (KAS), Injective (INJ), and Render (RNDR) are bucking against the general crypto market trend after sustaining gains over the last day. This follows a bearish movement that occurred after Bitcoin reclaimed the $29,000 level. A flash crash sent the pioneer cryptocurrency back to $27,500 and the crypto market tumbled along with it. However, not […]

Shiba Inu Whales Unload Billions Amid SHIB Price Retreat

Shiba Inu Whales Unload Billions Amid SHIB Price Retreat

The cryptocurrency market has been highly volatile in recent weeks, with Shiba Inu making headlines as a popular meme-inspired cryptocurrency. Over the last 24 hours, the price of the popular meme coin witnessed a slight uptick of approximately 5%, which drew the attention of investors and traders. However, as of the time of writing, the […]

Ethereum Exchange Inflows Trigger Drop Below $2,080: Will It Slide Lower This Week?

Ethereum Exchange Inflows Trigger Drop Below $2,080: Will It Slide Lower This Week?

Ethereum, the second-largest cryptocurrency by market cap, is facing another bout of turbulence as it experiences a fresh influx of coins into exchange addresses.  According to recent data, this surge in Ethereum inflows is reminiscent of a similar occurrence that coincided with a drop in the cryptocurrency’s value below the $2,080 mark.  The question on […]

Polygon (MATIC) Keeps Going Down Despite Bullish News, Buy The Dip?

Polygon (MATIC) Keeps Going Down Despite Bullish News, Buy The Dip?

The Polygon (MATIC) price is currently at a crucial moment. Despite bullish news, MATIC has been in a downtrend since mid-February. After retesting the March 10 low yesterday, the price is at a turning point. According to data from on-chain data provider IntoTheBlock, Polygon token holders in profit fell to 34% this week. This is […]