Archives par catégorie: Business

Research Firm Predicts Bullish Bitcoin Breakout For Q4: 4 Key Reasons

Research Firm Predicts Bullish Bitcoin Breakout For Q4: 4 Key Reasons

Matrixport, a digital asset financial services group born from Bitmain, an industry leader in Bitcoin mining, projects a bullish breakout for Bitcoin in the upcoming fourth quarter of 2024. In their latest research report titled “Matrix on Target: Bullish Prospects for Bitcoin in Q4,” the firm provides four reasons to be bullish in the upcoming […]

Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst

Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst

Bitcoin remains volatile at spot rates. Despite the spectacular recovery yesterday, August 1, the downtrend remains, at least for now. Specifically, looking at the candlestick arrangement in the daily chart, there could be more growth once prices break $70,000. Before then, traders are closely monitoring price action aware that there could be more losses, pushing […]

Cardano Goes Toe-To-Toe With Ethereum As Whales Scoop Up 120 Million ADA

Cardano Goes Toe-To-Toe With Ethereum As Whales Scoop Up 120 Million ADA

Cardano (ADA) is currently competing with Ethereum in terms of large transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation among the token’s large holders.  Cardano Matches Ethereum In Large Transaction Volume Data from the market intelligence platform IntoTheBlock shows that Cardano is witnessing […]

Whale Transfers $4.2 Million PEPE To Binance – Selling Pressure Ahead?

Whale Transfers $4.2 Million PEPE To Binance – Selling Pressure Ahead?

Recently, a massive transaction shook the digital currency ecosystem. A prominent whale transferred 400 billion PEPE tokens—worth about $4.22 million—to Binance. Strategically timed among the general negative market mood, this move seems to be a deliberate one for partial profit booking. The whale’s behavior corresponds to the breach of a critical support level around $0.00001075, […]

Polygon Price Risks Plunge With 90 Million MATIC Tokens Selling At $0.5

Polygon Price Risks Plunge With 90 Million MATIC Tokens Selling At $0.5

Polygon (MATIC) recently broke below the crucial support level at $0.5 and is at risk of further price declines. This price drop is thanks to several traders who offloaded their tokens as soon as Polygon reached this support level amid the downtrend in the broader crypto market. Polygon Faces Significant Selling Pressure The Exchange-Onchain Market […]

GRT Market Signals 12% Drop: Is A Turnaround Possible?

GRT Market Signals 12% Drop: Is A Turnaround Possible?

GRT’s current situation mirrors the bearishness the broader market is experiencing. Today, the total market cap shows a percentage slip, due to the major cryptocurrencies returning to levels that investors can sustain. On the altcoin side, GRT is one of the tokens that were hit hard by the bears. According to CoinGecko, the token is […]

Why XRP Price Won’t Skyrocket After Ripple-SEC Ruling: Crypto Pundit

Why XRP Price Won’t Skyrocket After Ripple-SEC Ruling: Crypto Pundit

As the XRP lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC) inches closer to a ruling on remedies – the final ruling on district court level – the crypto community is abuzz with speculation about the potential repercussions for the XRP price. Notably, Rachelle Renee, a popular crypto pundit, has voiced […]

XRP Price Slides 10% Amid Rising On-Chain Activity And Whale Transactions; Key Supports In Focus

XRP Price Slides 10% Amid Rising On-Chain Activity And Whale Transactions; Key Supports In Focus

The XRP price has seen significant volatility on Thursday, mirroring the broader market downturn. After a strong performance in July, which saw XRP outperform even Bitcoin with a gain of over 35%, the token has now dropped nearly 10% in the last 24 hours. Analysts Bullish On Long-Term Price Targets Market intelligence platform Santiment, has […]

XRP Price Breaks Out Of 6-Year Triangle, But Is A Rally To $1 Possible?

XRP Price Breaks Out Of 6-Year Triangle, But Is A Rally To $1 Possible?

The XRP price has been experiencing notable movements since the last week of July, closely linked to updates about a potential settlement between the SEC and Ripple. This anticipation has significantly influenced XRP’s market performance, causing a remarkable surge in its price as it skyrocketed from $0.599 to $0.655 in just a matter of hours. […]

Bitcoin ETFs On A Buying Spree, Scoop Up Nearly 300,000 BTC Since January

Bitcoin ETFs On A Buying Spree, Scoop Up Nearly 300,000 BTC Since January

Regulated spot Bitcoin ETFs (exchange-traded funds) in the United States have seen a resurgence in inflows following significant selling pressure over the past two months that sent the largest cryptocurrency on the market to a 6-month low of $53,500 on July 5. Bitcoin ETFs And Institutions Now Control 9% Of Total Supply Data from analytics […]

Would Bitcoin Fall Below $60,000 Again? Analyst Reveals A Concerning Trend For BTC

Would Bitcoin Fall Below $60,000 Again? Analyst Reveals A Concerning Trend For BTC

Amid the continuous blend of bulls and bears from Bitcoin in recent months, Trading Guru Peter Brandt has shared in his latest post a worrisome pattern observed on the Bitcoin price chart. According to Brandt, Bitcoin appears to be on a downward trend. The legendary trader said in a recent post on Elon Musk’s social […]

Why Did This Crypto Whale Spend $400 Million Buying Bitcoin Yesterday?

Why Did This Crypto Whale Spend $400 Million Buying Bitcoin Yesterday?

On-chain data shows a particular Bitcoin whale who accumulated almost $400 million between July 30 and 31. This whale is believed to have purchased the flagship crypto, having seen an opportunity to profit massively thanks to Bitcoin’s recent price action.  Bitcoin Whale Purchases Almost $400 Million Worth Of BTC On-chain analytics platform Lookonchain revealed in […]

Bitcoin’s Price Potential: Analyst Maps Path To $700,000 And Beyond

Bitcoin’s Price Potential: Analyst Maps Path To $700,000 And Beyond

Bitcoin has been on a rollercoaster ride ever since it reached its all-time high (ATH) of $73,737 back in March. However, regardless of that, several analysts and traders in the crypto community remain persistent in their bullish outlook for the asset. An example is Willy Woo, a well-known figure in the crypto sector. Earlier today, […]

Bitcoin Makes Third Retest Of Historical Support, Analyst Sounds Alarm

Bitcoin Makes Third Retest Of Historical Support, Analyst Sounds Alarm

An analyst has warned that support levels weaken the more they are retested and Bitcoin is now doing a third consecutive retest of a major such level. Bitcoin Is Again Retesting The Short-Term Holder Realized Price As explained by CryptoQuant community manager Maartunn in a new post on X, BTC’s latest drawdown has led to […]

New Memecoin Sensation Neiro Hits $200 Million Market Cap In Four Days

New Memecoin Sensation Neiro Hits $200 Million Market Cap In Four Days

A new dog-themed meme coin has taken the crypto market by storm. Inspired by Kabosu owner’s new dog, Neiro, a new wave of Shiba Inu-themed tokens surged on Solana. However, Its Ethereum-based competitor has stolen the show with its stellar performance in the last four days. Kabosu’s Sister Sparks New Memecoin Wave Kabosu, the dog […]

Chainlink At Risk: Key Indicators Signal Further Losses To $12

Chainlink At Risk: Key Indicators Signal Further Losses To $12

Chainlink (LINK), one of the major players in the decentralized finance space, is currently facing increased bearish pressure in the market. As LINK’s bearish momentum continues to build, key technical indicators are signaling the potential for further loss toward the critical support level at $12 for the cryptocurrency. With this current price movement, Chainlink could […]

Crypto Analyst Says Dogecoin Price Will Rise Over 7,200% To Reach $10, Here’s Why

Crypto Analyst Says Dogecoin Price Will Rise Over 7,200% To Reach $10, Here’s Why

The Dogecoin price reaching double-digits remains a dream for its die-hard community, despite the meme coin failing to claim $1 even till now. Nevertheless, expectations that Dogecoin will eventually cross $10 remain high as one analyst has given reasons why the largest meme coin by market cap is set to surge by more than 7,200%. […]

Bonk Investors Seek To Become Mpeppe (MPEPE) Whales and 500x Their Bag

Bonk Investors Seek To Become Mpeppe (MPEPE) Whales and 500x Their Bag

The cryptocurrency world is known for its high volatility and rapid shifts in investor sentiment. Recently, a new player in the meme coin arena has captured the attention of Bonk (BONK) investors. Mpeppe (MPEPE) is emerging as a compelling alternative with the potential for substantial returns. This article explores why Bonk (BONK) investors are eyeing […]

Cardano Whale Feels Their Pockets With Mpeppe (MPEPE) Currently At $0.00107

Cardano Whale Feels Their Pockets With Mpeppe (MPEPE) Currently At $0.00107

Cryptocurrency enthusiasts and investors are constantly on the lookout for the next big opportunity in the evolving digital asset landscape. For Cardano (ADA) holders, the emergence of Mpeppe (MPEPE) presents an intriguing investment prospect. This article delves into why Cardano (ADA) whales and investors are turning their attention to Mpeppe (MPEPE), exploring its origins, potential, […]