Archives par catégorie: Business

Ethereum Price Consolidates Below $1,250: What Could Trigger A Fresh Rally?

Ethereum Price Consolidates Below $1,250: What Could Trigger A Fresh Rally?

Ethereum is facing resistance above $1,250 against the US Dollar. ETH could gain bullish momentum if it clears the $1,230 and $1,250 resistance levels. Ethereum attempted a recovery wave and climbed above the $1,200 level. The price is now trading above $1,200 and the 100 hourly simple moving average. There is a key contracting triangle […]

Bitcoin Price Recovery Could Soon Fade If BTC Fails To Surpass $17.2K

Bitcoin Price Recovery Could Soon Fade If BTC Fails To Surpass $17.2K

Bitcoin price is still struggling below $17,000. BTC remains at a risk of a fresh decline unless there is a clear move above the $17,200 resistance zone. Bitcoin is facing a strong resistance near $17,000 and $17,200. The price is trading above $16,800 and the 100 hourly simple moving average. There is a new declining […]

SAND Experiences Increased Selling, But Traders Should Short At This Level

SAND Experiences Increased Selling, But Traders Should Short At This Level

SAND, the SandBox, has been free-falling since the month of August. The coin has registered a severe decline in demand, which has caused the crypto to lose further value. The asset has pierced through various support levels over the past few months. It lost 2.2% of its value in the last 24 hours. Over the […]

Bitcoin Retail Investors Now Hold 17% Of Total BTC Supply, But Is It Good News?

Bitcoin Retail Investors Now Hold 17% Of Total BTC Supply, But Is It Good News?

Bitcoin retail investor numbers are on the rise. These smaller investors have less purchasing power but with so many new entrants into the market following the 2020-2021 bull market, their collective purchasing power has grown alongside the total amount they hold. Retail Investors Hold 17% Of Supply Over the last few years, bitcoin addresses holding […]

50% Of Bitcoin Holders At A Loss, Why This Number Is Positive For BTC

50% Of Bitcoin Holders At A Loss, Why This Number Is Positive For BTC

Bitcoin is back to its crab-like price action as macroeconomic forces fight with new developments in the crypto industry. The number one crypto by market cap has seen one of its bloodiest years, but it maintains a positive outlook for 2023.  As of this writing, Bitcoin (BTC) trades at $16,800 with sideways movement in the […]

MicroStrategy Bought Bitcoin To Avoid Liquidation, Peter Schiff Reveals

MicroStrategy Bought Bitcoin To Avoid Liquidation, Peter Schiff Reveals

Bitcoin detractor and economist Peter Schiff has taken another swipe at the digital asset and MicroStrategy, a public company that is heavily invested in the digital asset. Schiff has always been vocal about his disdain for bitcoin and has now turned his attention to MicroStrategy and its former CEO, Michael Saylor. Why MicroStrategy Bought Bitcoin […]

Chainlink Turns Bearish As Price Dips To 8-Month Low

Chainlink Turns Bearish As Price Dips To 8-Month Low

The Chainlink price has dropped to an eight-month low as the coin fell from the $6.30 price level. Since the Chainlink price has touched a multi-monthly low, the chances of the price turning around remain extremely likely. As Bitcoin slipped on its chart too, most altcoins have been depreciating on their respective charts as well. […]

XRP Accumulation: Key Sharks And Whales Group Hits All-Time High Holdings

XRP Accumulation: Key Sharks And Whales Group Hits All-Time High Holdings

On-chain data shows a key XRP sharks and whales group has been accumulating recently, a sign that could be positive for the asset’s price. XRP Whales And Sharks With 1M-10M Tokens Now Hold All-Time High Supply As per data from the analytics firm Santiment, 7.23% of the total XRP supply is now held by this […]

Breaking: One Of The Largest P2P Crypto Exchanges Removes Ethereum Due To ‘Integrity’

Breaking: One Of The Largest P2P Crypto Exchanges Removes Ethereum Due To ‘Integrity’

Ray Youssef, CEO and co-founder of Paxful, has put his plan to remove Ethereum (ETH) from the exchange, which he revealed a week ago, into action today. The exchange is one of the largest peer-to-peer crypto trading platforms in the world, and Youssef says he has a big responsibility to his 11.6 million customers. Youssef […]

Altcoin Indexes Take Beating As Investors Flip Alts For Bitcoin

Altcoin Indexes Take Beating As Investors Flip Alts For Bitcoin

Data shows the different Altcoin Indexes in the crypto market have taken a beating during the past week as investors have been flipping alts for Bitcoin. Bitcoin And Stablecoins Dominance Rises As Altcoins Struggle As per the latest weekly report from Arcane Research, the cryptocurrency market has observed a correlated decline recently, but altcoins have […]

Ethereum (ETH) Will Overtake Bitcoin, At Least Temporarily: Analysts Predict

Ethereum (ETH) Will Overtake Bitcoin, At Least Temporarily: Analysts Predict

While the bear market is still in full swing, several experts are currently discussing when the “flippening” will happen. Flippening is described as the scenario where another cryptocurrency overtakes Bitcoin (BTC) in terms of market capitalization. Ethereum is considered the most likely option by many crypto investors – including Jordi Alexander, CIO of Selini Capital. […]

No Santa For Cryptos This Year: Large Cap Coins Touch December Lows

No Santa For Cryptos This Year: Large Cap Coins Touch December Lows

As Bitcoin hits new lows at year-end, other large-cap altcoins have followed suit. There seems to be no love for crypto this year-end, as Santa has refused to show up. General Crypto Market Cap Plunges As it stands, crypto traders and investors seemed to have their hands up in resignation. Trading volume across major exchanges […]

Bitcoin Drops To Monthly Low As Year-End Approaches, More Impulsive Decline?

Bitcoin Drops To Monthly Low As Year-End Approaches, More Impulsive Decline?

Bitcoin moved closer to the $17,000 level on Tuesday. The digital currency dropped to $16,400, its lowest level in the last three weeks. As year-end approaches, BTC could face high volatility and low liquidity. Bitcoin Hit A Brief Surge Bitcoin surged to a short-lived peak of $16,837 in today’s session, barely 24 hours after hitting […]

Cardano (ADA) Price Prediction: Downtrend Far From Over, $0.22 Still In Play

Cardano (ADA) Price Prediction: Downtrend Far From Over, $0.22 Still In Play

Cardano’s price started a fresh decline after it failed to surpass $0.32. ADA remains at a risk of more losses below $0.25 and $0.245 in the near term. ADA price is gaining bearish momentum below the $0.280 support against the US dollar. The price is trading below $0.280 and the 100 simple moving average (4-hours). […]

Ethereum Price Bearish Signal: ETH Below 100 SMA Could Trigger Downside

Ethereum Price Bearish Signal: ETH Below 100 SMA Could Trigger Downside

Ethereum is facing resistance above $1,220 against the US Dollar. ETH could start another decline if it fails to stay above $1,200 and the 100 hourly SMA. Ethereum started an upside correction above the $1,180 resistance zone. The price is now trading above $1,200 and the 100 hourly simple moving average. There is a short-term […]

Bitcoin Price Signals Rejection and Poised To Start Another Decline

Bitcoin Price Signals Rejection and Poised To Start Another Decline

Bitcoin price is facing resistance near $17,000. BTC could start another decline unless there is a strong move above the $17,000 resistance zone. Bitcoin recovered higher above the $16,800 resistance zone. The price is trading above $16,800 and the 100 hourly simple moving average. There is a rising channel forming with resistance near $17,000 on […]

Grayscale May Liquidate 600,000 BTC Holdings Following SEC Opposition To ETF

Grayscale May Liquidate 600,000 BTC Holdings Following SEC Opposition To ETF

Grayscale Investments may offer to buy up to 20% of Grayscale Bitcoin Trust  (GBTC) shares. This is a move the company hopes will close the gap between the GBTC share price and the company’s underlying Bitcoin holdings. Grayscale Can’t Act Independent Of Investors The Wall Street Journal released a letter by Grayscale CEO Michael Sonnenshein […]

Shiba Inu Welcomes 10,000 New Holders, Can SHIB Keep Up The Momentum?

Shiba Inu Welcomes 10,000 New Holders, Can SHIB Keep Up The Momentum?

Despite the market downturn, Shiba Inu (SHIB) is still seeing growth in terms of its holder base. The meme coin maintains its position as one of the most popular cryptocurrencies as its total holder count has now crossed 1.26 million. 10,000 New Shiba Inu Holders Added In a time when cryptocurrencies across the space are […]

Could A Litecoin Fractal Foretell A New Bull Trend In Crypto?

Could A Litecoin Fractal Foretell A New Bull Trend In Crypto?

The cryptocurrency market continues to feel the darkness of crypto winter, but it could be Litecoin bringing the blossom of a new bull trend, according to a an eerily similar fractal found in LTCUSD daily price charts.  The fractal pattern developed following the most recent pullback, and appears to have a similar structure to a […]

Cardano (ADA) Falls Below Critical Point, Why There Is More Pain To Come

Cardano (ADA) Falls Below Critical Point, Why There Is More Pain To Come

Cardano (ADA) remains one of the hardest-hit cryptocurrencies even before the bear market was officially in full bloom. The digital asset which had seen returns higher than 1,000% during the 2021 bull run would eventually see almost the entirety of those gains wiped out. Despite this, it had been able to maintain above a critical […]