Archives par catégorie: Business

Ethereum Price Aim Big After Recent Breakout Above $1,300

Ethereum Price Aim Big After Recent Breakout Above $1,300

Ethereum gained pace for a move above the $1,300 resistance against the US Dollar. ETH is consolidating gains and might eye a fresh increase in the near term. Ethereum was able to clear the $1,280 and $1,300 resistance levels. The price is now trading above $1,280 and the 100 hourly simple moving average. There was […]

Bitcoin Price Hints At Potential Reversal, Buy The Dip?

Bitcoin Price Hints At Potential Reversal, Buy The Dip?

Bitcoin price gained pace above the $17,500 resistance after the US CPI release. BTC tested the $18,000 resistance and might correct lower in the short-term. Bitcoin was able to clear the $17,450 and $17,500 resistance levels. The price is trading above $17,500 and the 100 hourly simple moving average. There was a break above a […]

Binance Sees Largest Bitcoin Withdrawal In Its History, BTC Rally Set To Benefit?

Binance Sees Largest Bitcoin Withdrawal In Its History, BTC Rally Set To Benefit?

The largest crypto exchange in the world, Binance has experienced the most significant Bitcoin withdrawal in its history, per recent data. The company might face a bank run as crypto investors’ confidence continues to decline following the collapse of trading venue FTX and a U.S. investigation into major crypto exchanges.  At the same time, positive […]

Crypto Exchange Binance Refutes Allegations Of Money Laundering

Crypto Exchange Binance Refutes Allegations Of Money Laundering

The crypto sector has been a subject of divided opinions since the inception of Bitcoin and its meteoric rise. While the assets have benefits like fast transactions and decentralization, some risks include fraud and criminal activities. More recently, during the crypto winter of 2022, some catastrophic events led to negativity among crypto users. The collapse […]

PancakeSwap (CAKE) Slides Below Range, Is This An Entry Point For Buyers?

PancakeSwap (CAKE) Slides Below Range, Is This An Entry Point For Buyers?

PancakeSwap (CAKE) has been trading against the broad market, especially when major market movers have rallied. The coin has lost 0.8% over the last 24 hours and still depicts no decisive price action on the chart. Despite the CPI data release, the coin has remained unaffected by that development. CAKE traders are still wary of […]

Dogecoin (DOGE) Climbs 2.58% In 24 Hours, Can It Reach $0.1 Before The Week Runs Out?

Dogecoin (DOGE) Climbs 2.58% In 24 Hours, Can It Reach $0.1 Before The Week Runs Out?

Dogecoin (DOGE) has seen some positive movement in the last day despite the market onslaught. The meme coin was able to see more than 2.5% gains at a time when the majority of the crypto market was struggling price-wise. Currently, DOGE is still standing at a good short-term level but $0.1 remains the level to […]

SEC Charges SBF Of Allegedly Conducting Fraud Schemes

SEC Charges SBF Of Allegedly Conducting Fraud Schemes

The crypto community was left shell-shocked in November 2022 when FTX – one of the leading crypto exchange platforms, filed for bankruptcy. Pessimism towards crypto is at an all-time high, with famous investors like Warren Buffet seemingly right about the risks involved. Investigations into the exchange uncovered gross financial misappropriation and abuse of users’ funds. […]

Bitcoin Long-Term Holder Supply Reclaims ATH, Return Of Conviction?

Bitcoin Long-Term Holder Supply Reclaims ATH, Return Of Conviction?

Data shows the Bitcoin long-term holder supply has climbed back up and set a new all-time high, suggesting that conviction may be returning in the market. Bitcoin Long-Term Holder Supply Recovers From FTX Panic Selling According to the latest weekly report from Glassnode, BTC long-term holders now hold around 72.3% of the total circulating supply. […]

Maple Finance Debt Indicates Crypto Lending Risks With No Collateral

Maple Finance Debt Indicates Crypto Lending Risks With No Collateral

The emergence of Maple Finance brought a different approach to the entire process. This bold DeFi lending protocol requires no deposit of extra crypto tokens as collateral for borrowing. In the decentralized finance (DeFi) space, cryptocurrency lending came as a means that allows investors access to their preferred tokens. However, they must deposit other crypto […]

JPMorgan Says S&P 500 Can Soar Over 10% Today – Will Bitcoin Follow?

JPMorgan Says S&P 500 Can Soar Over 10% Today – Will Bitcoin Follow?

Today and tomorrow are probably the most important days of the year for the Bitcoin and crypto market. Today’s release of the Consumer Price Index (CPI) will possibly be the key for the coming weeks and months. At 8:30 ET, the CPI for November will be released. Tomorrow, Wednesday at 2:00 PM ET, the Federal […]

Ethereum Price Key Indicators Suggest Strengthening Case For Upside Break

Ethereum Price Key Indicators Suggest Strengthening Case For Upside Break

Ethereum remained supported above the $1,240 level against the US Dollar. ETH is rising and might soon attempt an upside break above the $1,300 barrier. Ethereum remained well bid above the $1,240 and $1,220 levels. The price is now trading above $1,260 and the 100 hourly simple moving average. There is a major contracting triangle […]

Cardano Community Expects ADA To Jump 50% By End Of Year, Is This Possible?

Cardano Community Expects ADA To Jump 50% By End Of Year, Is This Possible?

Cardano (ADA) has taken some of the largest hits through the bear market. The digital asset has seen massive declines that have pushed its price toward one-year lows. However, the community remains steadfast behind Cardano, and the outlook for its native ADA token shows that investors remain extremely bullish on the cryptocurrency. $0.47 For ADA […]

Bitcoin Price Looks Ready For Another Leg Higher Over $17.5K

Bitcoin Price Looks Ready For Another Leg Higher Over $17.5K

Bitcoin price remained well bid above the $16,920 support. BTC climbed higher and might soon aim an upside break above the $17,500 resistance zone. Bitcoin found a strong buying interest near the $16,920 and $16,900 levels. The price is trading above $17,000 and the 100 hourly simple moving average. There is a major contracting triangle […]

Bitcoin NVT Golden Cross Still In “Overbought” Region, Volatility To Follow?

Bitcoin NVT Golden Cross Still In “Overbought” Region, Volatility To Follow?

Data shows the Bitcoin NVT Golden Cross is still in the “overbought” region, a sign that there may be more volatility to come for the cryptocurrency. Bitcoin NVT Golden Cross Continues To Be At A High Value As pointed out by an analyst in a CryptoQuant post, the BTC long-term holders have been moving their […]

This Bitcoin Metric Suggests Selling Pressure May Be Reaching Exhaustion

This Bitcoin Metric Suggests Selling Pressure May Be Reaching Exhaustion

On-chain data shows the Bitcoin binary CDD has been going down recently, a sign that selling pressure may be getting exhausted in the market. Bitcoin 21-Day MA Binary CDD Has Been Observing Downtrend Recently As pointed out by an analyst in a CryptoQuant post, there was some heavy distribution going on in the market just […]