Archives par catégorie: Business

What is Curve Finance [Deep Dive Into the Stablecoin DEX]

What is Curve Finance [Deep Dive Into the Stablecoin DEX]

Let’s talk about Curve Finance, one of the most popular stablecoin-centric DEXs on the market. Read on as we give answers to all your questions. Executive Summary Curve Finance is an AMM decentralized exchange (DEX) created primarily for exchanging stablecoins. The key use cases are governance, LP rewards, increasing yields, and token burns. A pricing […]

Bitcoin Price Grinds Lower, More Losses Seem Imminent

Bitcoin Price Grinds Lower, More Losses Seem Imminent

Bitcoin price is slowly moving lower from the $17,000 resistance. BTC could continue to move down towards the $16,000 support zone. Bitcoin started a fresh decline after it failed to clear the $17,000 and $17,200 resistance levels. The price is trading below $16,700 and the 100 hourly simple moving average. There is a key bearish […]

Bitcoin Might Be Going Through Its “Most Challenging” Cycle Based On This Metric

Bitcoin Might Be Going Through Its “Most Challenging” Cycle Based On This Metric

The current Bitcoin cycle might be its “most challenging” one yet if the drawdown in this on-chain metric is anything to go by. Total Amount Held By 1k-10k BTC Value Band Has Sharply Gone Down Recently As pointed out by an analyst in a CryptoQuant post, the latest drawdown in the holdings of the 1k-10k […]

Prolonged Crypto Winter Pushes Kraken Exchange Out Of Japan

Prolonged Crypto Winter Pushes Kraken Exchange Out Of Japan

The crypto winter is a drawn-out one exacerbated by the collapse of large players such as Terra and the FTX crypto exchange. As crypto businesses continue to feel the effects of the current bear market, another major player, Kraken, has been affected to the point that it has, once again, put a pause on operations […]

Uniswap Tops Other Big Crypto In Social Dominance Despite Price Drop

Uniswap Tops Other Big Crypto In Social Dominance Despite Price Drop

Uniswap (UNI) has surged in the social dominance department, peaking on December 25 at 20.46%. Uniswap is seen to win the popular vote as it topples other cryptocurrencies in the social arena. Here’s a quick look at how it is performing: UNI price drops 1.26% Uniswap critical support spotted at $5.09 UNI dominates the crypto […]

Terra Classic (LUNC) Crashes 11% After This Binance Change

Terra Classic (LUNC) Crashes 11% After This Binance Change

The Terra Classic (LUNC) price has been boosted in recent days by a rumor that the world’s second-largest exchange, Coinbase, might buy and list the token. As NewsBTC reported, the rumor originated from an anonymous source in the Terra Classic community. However, the credibility of the rumor is more than questionable. Nevertheless, the community seemed […]

Cardano (ADA) Extremely Undervalued? On-Chain Data Suggests So

Cardano (ADA) Extremely Undervalued? On-Chain Data Suggests So

Cardano is one of the altcoins that has been hit the hardest by the bear market. Created by former Ethereum co-founder Charles Hoskinson, the coin is 91.6% below its all-time high of $3.10, which was reached on September 1, 2021. Thus, ADA is performing much worse than its main competitor Ethereum. ETH reached its all-time […]

Litecoin Bullish Signal: Shark And Whale Addresses Hit 2-Year High

Litecoin Bullish Signal: Shark And Whale Addresses Hit 2-Year High

On-chain data shows the combined Litecoin address count of sharks and whales is now at a 2-year high, a signal that could be bullish for the asset’s value. Litecoin Addresses Holding More Than 1,000 LTC Now At Highest Level Since 2020 As per data from the on-chain analytics firm Santiment, LTC has been climbing strongly […]

NEAR Struggles As Bulls Aim To Flip $1.45 Resistance Into Support

NEAR Struggles As Bulls Aim To Flip $1.45 Resistance Into Support

NEAR, the native crypto of Near Protocol, seems to continue mirroring the trajectory of Bitcoin, one of the main driving forces of the cryptocurrency industry. The largest crypto asset boasting a total market capitalization of $320.76 billion has so far failed to establish a strong upward momentum that will enable it to exit 2022 with […]

Ethereum Price Could Resume Decline If This Support Paves Way

Ethereum Price Could Resume Decline If This Support Paves Way

Ethereum started a fresh decline from the $1,230 resistance against the US Dollar. ETH could accelerate lower if there is a clear move below the $1,180 support. Ethereum is showing bearish signs and trading well below the $1,230 resistance zone. The price is now trading below $1,200 and the 100 hourly simple moving average. There […]

Litecoin, ‘2nd Most Active Crypto,’ Rises After Analyst Called LTC Holders ‘Idiots’

Litecoin, ‘2nd Most Active Crypto,’ Rises After Analyst Called LTC Holders ‘Idiots’

Litecoin, an altcoin being hailed as the “digital silver” of the cryptocurrency space, has once again rewarded its faithful investors and holders as it mounted a massive recovery after bottoming out at $60. Interestingly, the token made its bounce back shortly after CNBC host Jim Cramer went out of his way to call holders of […]

Bitcoin Price Stuck In Crucial Range, 2023 Breakout Looms

Bitcoin Price Stuck In Crucial Range, 2023 Breakout Looms

Bitcoin price is still trading in a range below the $17,000 resistance. BTC could witness a major breakout as we approach the New Year 2023. Bitcoin failed to clear the $17,000 and $17,200 resistance levels. The price is trading below $16,800 and the 100 hourly simple moving average. There was a break below a major […]

Exploiter Of “Highly Profitable Trading Strategy” Arrested In Puerto Rico

Exploiter Of “Highly Profitable Trading Strategy” Arrested In Puerto Rico

A few months can feel like a lifetime in crypto. However, it probably hasn’t felt like long enough for Mango Markets exploiter Avraham Eisenberg, who was taken into custody in Puerto Rico this week. Eisenberg gained notoriety on crypto Twitter after describing his nine-figure exploit of the Solana-based protocol as “a highly profitable trading strategy.” […]

Dogecoin Among Most Searched Cryptos Of The Year, Will It Keep Its Spot In 2023?

Dogecoin Among Most Searched Cryptos Of The Year, Will It Keep Its Spot In 2023?

The price of Dogecoin (DOGE) follows the general trend in the crypto market and only records sideways activity. Due to the holiday season, the trading volume across global markets decreased, leading to stagnation in the nascent sector.  As of this writing, Dogecoin trades at $0.074 with a 1% loss in the last 24 hours. In […]