Archives par catégorie: Business

Number of New Ethereum Smart Contracts Falls 60% in 2023

Number of New Ethereum Smart Contracts Falls 60% in 2023

Ethereum prices might be solid, and bulls are looking to drive the coin toward $1,700, but on-chain data points to dropping activity from developers judging from the number of new smart contracts deployed in the first three weeks of January. Number Of Smart Contracts Deployed On Ethereum Falling The number of new smart contracts deployed […]

DOT Price (Polkadot) Indicators Suggest Strong Case For Fresh Rally

DOT Price (Polkadot) Indicators Suggest Strong Case For Fresh Rally

Polkadot’s DOT started a fresh increase from the $5.60 support against the US Dollar. It correcting gains, but indicators suggest high chances of a fresh increase. DOT is holding the ground above the $6.00 and $5.80 levels against the US dollar. The price is trading nicely above the $6.00 support and the 100 simple moving […]

Quant (QNT) Adds 8% In The Last 24 Hours, Will It Continue To Soar?

Quant (QNT) Adds 8% In The Last 24 Hours, Will It Continue To Soar?

Like most cryptocurrencies, Quant (QNT) has witnessed a considerable price rally over the past weeks. The token has added more than 8.24% over the past 24 hours. Even the broader cryptocurrency market has recently seen tremendous improvement in its prices. Reports revealed that the cryptocurrency market outperformed the traditional equity market. QNT saw a 14-day […]

Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

Ethereum started a downside correction below $1,600 against the US Dollar. ETH is down over 6% and remains at a risk of a drop below the $1,480 support. Ethereum is showing a few bearish signs below the $1,600 and $1,580 levels. The price is now trading below $1,600 and the 100 hourly simple moving average. […]

Bitcoin Price Just Saw Technical Correction But Key Uptrend Support Intact

Bitcoin Price Just Saw Technical Correction But Key Uptrend Support Intact

Bitcoin price started a downside correction below $23,000. BTC is testing an important support and might start a fresh increase towards $23,500. Bitcoin started a downside correction and declined below the $23,000 support zone. The price is trading below $23,000 and the 100 hourly simple moving average. There is a major bullish trend line forming […]

80% Of Uniswap Holders Support BNB PoS Chain For Deploying V3 Protocol

80% Of Uniswap Holders Support BNB PoS Chain For Deploying V3 Protocol

Uniswap (UNI), a decentralized protocol, is ready to roll out the third version of its platform. The protocol aims to provide a suitable platform where users can seamlessly swap ERC-20 tokens without using an order book. For the v3 launch, the protocol carried out a ‘temperature test’ for a possible blockchain to use. The proposal […]

SushiSwap To Redirect 100% Trading Fees To Treasury

SushiSwap To Redirect 100% Trading Fees To Treasury

While the DeFi market has continued to mirror the crypto market rally, more innovations have been introduced to the ecosystem. In today’s news, SushiSwap, the sixth-largest decentralized exchange (DEX) by 24 hours trading volume, has passed a proposal to relocate 100% of its trading fees to the SushiSwap treasury for maintenance and expenses. Related Reading: […]

Chiliz (CHZ) Continues To Record Significant Gains, Moves Over 5% In The Last Day

Chiliz (CHZ) Continues To Record Significant Gains, Moves Over 5% In The Last Day

The global cryptocurrency market cap stands at $1.05 trillion, representing a 0.19% increase in the last day. As the cryptocurrency market continues to rally, altcoins are posting incredible gains. For instance, Chiliz’s price is gaining today, reflecting the positive moves of the general market. CHZ’s trading volume has also increased by 82.02% in 24 hours, […]

Bitcoin Surges To 23,000 As Miners Sales Sees Multi-Year Low

Bitcoin Surges To 23,000 As Miners Sales Sees Multi-Year Low

Bitcoin has continued with its bullishness as it surged its price above the USD$23,000 level, a positive signal amid miners reduced the sales of their mined coins. On-chain flows flagged by Bitifinex analysts indicate that the amount of Bitcoin moved from Bitcoin mining addresses to wallets owned by cryptocurrency exchanges has declined to multi-year lows. […]

Repeat Of April 2019? Bitcoin Rally Shows Similar Break Above These Key Levels

Repeat Of April 2019? Bitcoin Rally Shows Similar Break Above These Key Levels

On-chain data shows Bitcoin has broken above these three key levels in a manner reminiscent of the rally in April 2019. Bitcoin Breakout Shows Initial Similarities To April 2019 Rally According to data from the on-chain analytics firm Glassnode, BTC has broken above the three investor cost-basis levels for the first time since the COVID-19 […]

Money Leaves ADA, SOL To Small Cap Altcoins, Here’s Where It’s Headed

Money Leaves ADA, SOL To Small Cap Altcoins, Here’s Where It’s Headed

With the crypto market rally, altcoins have benefitted just as much as bitcoin. Digital assets across the space have been able to return to their pre-FTX collapse levels, signaling the start of a bull run. However, as the market begins to settle into this new normal, investors are moving gains around from larger cap assets […]

Solana (SOL) Network On Hyperdrive As TVL And NFT Trade Volume Soars

Solana (SOL) Network On Hyperdrive As TVL And NFT Trade Volume Soars

Solana (SOL) is on hyperdrive as the network quickly gains momentum in terms of liquidity which are seen at more than 300% as of press time. Following a sweeping price decline, Solana has turned the tide with metrics with flying colors. Here’s a quick glance at SOL performance of late: SOL metrics and trustworthiness score […]

ApeCoin Buckles As News Of Stolen BAYC NFT Hits The Market 

ApeCoin Buckles As News Of Stolen BAYC NFT Hits The Market 

The Bored Ape Yacht Club NFT collection has been the target of an exploit this January 20th. FranklinIsbored, one of the biggest holders of BAYC NFTs, is targeted with an exploit of OpenSea’s stolen ApeCoin policy which allowed the attacker to sell a marked Bored Ape.  This Bored Ape was marked  as “under review for […]

Dogecoin Whale Transfers $5M In DOGE To Coinbase, Bearish Signal?

Dogecoin Whale Transfers $5M In DOGE To Coinbase, Bearish Signal?

Data shows a Dogecoin whale has deposited more than $5 million in the crypto to Coinbase. Here’s what it may mean for DOGE’s price. Dogecoin Whale Sends 57 Million DOGE To Crypto Exchange Coinbase As per data from the crypto transaction tracker service Whale Alert, a massive Dogecoin transaction has taken place on the blockchain […]

Bitcoin Bull Trap Or Bull Run? This Is What Glassnode Says

Bitcoin Bull Trap Or Bull Run? This Is What Glassnode Says

The Bitcoin price is up 40% year-to-date (YTD) and has recaptured the $23,000 level. However, with ongoing concerns around DCG and Grayscale as well as macroeconomic uncertainties, many investors doubt the sustainability of the recent price rally. With higher prices, motivation among investors may be increasing to use the current price level to exit and […]

Whales Bag 500 Million Dogecoin – Will DOGE Hit $0.1 Mark?

Whales Bag 500 Million Dogecoin – Will DOGE Hit $0.1 Mark?

Meme coin forerunner, Dogecoin, opens the week with a new rally amid Robinhood’s support. Reports reveal that several whales jumped on the positive market sentiment to accumulate massive amounts of DOGE, triggering a 5% rally in the last day. According to WhaleAlert, Whales packed more than 500 million Dogecoin over the past two days. The […]

XRP Price Prediction: Key Upside Break Could Trigger Rally To $0.5

XRP Price Prediction: Key Upside Break Could Trigger Rally To $0.5

Ripple is rising steadily above the $0.380 resistance zone against the US Dollar. XRP price could rise further if it clears the $0.4320 resistance zone. Ripple is currently rising above the $0.38 resistance zone against the US dollar. The price is now trading above $0.380 and the 100 simple moving average (4-hours). There is a […]

Ethereum Price Forms Bullish Continuation Pattern and Could Rally Again

Ethereum Price Forms Bullish Continuation Pattern and Could Rally Again

Ethereum is consolidating gains above $1,600 against the US Dollar. ETH is showing positive signs and might start another increase above $1,650. Ethereum is showing positive signs above the $1,620 and $1,600 levels. The price is now trading above $1,600 and the 100 hourly simple moving average. There is a key bullish flag forming with […]

Bitcoin Price Gearing For Another Lift-Off and Might Surge To $25K

Bitcoin Price Gearing For Another Lift-Off and Might Surge To $25K

Bitcoin price remained well supported above the $22,300 zone. BTC is rising and might aim a fresh increase above the $23,500 resistance zone. Bitcoin started a minor downside correction and tested the $22,400 support zone. The price is trading above $22,500 and the 100 hourly simple moving average. There is a key bullish trend line […]

Ethereum Closes Near Its Next Profit Take Region As Bullish Momentum Continues

Ethereum Closes Near Its Next Profit Take Region As Bullish Momentum Continues

The Ethereum price has been propelling itself considerably ever since Bitcoin crossed the $20,000 price mark. Over the last 24 hours, ETH has slightly moved down on its chart, depicting consolidated price action. Last week helped the Ethereum price move up by 6%. The coin finally broke past its consolidation at the $1,500 price level […]