Archives par catégorie: Business

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 […]

The Ethereum price is trading laterally on its daily chart. The coin has moved south by 1.8% in that timeframe. Both the bulls and bears are trying to take over the market as the altcoin remains within a congested price zone. If the altcoin price is rejected at higher levels, the chance of a reversal […]

Charles Hoskinson, Cardano (ADA) founder, has explained how the cryptocurrency’s future privacy protocol (Midnight) would work within their ecosystem.  In a recent YouTube interview, he claimed that the planned integration would help establish a confidentiality network of smart contracts. According to him, Midnight aims to resolve the paradoxical issue of having privacy and disclosure of […]

Grayscale Bitcoin Trust (GBTC) remains the largest bitcoin trust in the world with billions of dollars worth of BTC, but in the last year, the trust has had a hard time keeping up with the market. The result of this has been a large premium that has continued to widen through the bear market. Currently, […]

The Solana price slid more than 3% over the last 24 hours and landed in the red. The price of the asset has been consolidating over the past few weeks. SOL has been struggling to get past its immediate resistance mark, which is further fueling the coin’s downslide. In the last week, the altcoin depreciated […]

Whale interest is a bullish indicator and LINK is sweeping the whales to their side. According to crypto whale tracker WhaleStats, the token is part of the top 10 cryptocurrencies that whales have on their wallets. Here’s a quick overview of LINK: In the short-term, the 4-hour chart of the market shows signs of bullishness […]

Since FTX’s downfall, the sports-themed cryptocurrency Chiliz has been struggling. The anticipated pump from the beginning of the 2022 FIFA World Cup on November 21 has done little to stem the negative tide in this post-FTX timeframe. Chiliz bulls took confidence on November 10 as CHZ rebounded from the range lows to near the range highs. Despite […]

Arthur Hayes, the co-founder of crypto derivatives platform BitMEX and Bitcoin pioneer, has spoken out about the current state of the market in an interview with Scott Melker. Despite the threat of a looming recession in the U.S., Hayes believes Bitcoin is in a bottom phase. According to him, the origin of the boom-and-bust cycle […]

A week could not be more important for Bitcoin and the broader crypto market! On Tuesday, at 08:30 ET, there will be the release of the Consumer Price Index (CPI). Just one day later, on Wednesday, December 14 at 14:00 ET, the Federal Open Market Committee (FOMC) will hold its last meeting of the year. […]

SUSHI is having a hard time gaining some ground as the market declines again. Today, SUSHI has lost more than 5% of its value, following the trend of other major cryptocurrencies such as Bitcoin and Ethereum. Here’s a quick glance at how SUSHI is performing: Optimism manifested itself as an acceleration in development activity and […]

Dogecoin reacted to the downside from the $0.1120 resistance against the US Dollar. DOGE must stay above the $0.080 support to start a fresh increase. DOGE started a fresh decline from the $0.1120 resistance against the US dollar. The price is trading below the $0.0950 zone and the 100 simple moving average (4-hours). There was […]

Ethereum faced a strong rejection near $1,300 against the US Dollar. ETH is declining, but there is a major support waiting near $1,240 and $1,220. Ethereum struggled to clear the $1,295 and $1,300 resistance levels. The price is now trading below $1,260 and the 100 hourly simple moving average. There was a break below a […]

Bitcoin price failed to clear the $17,300 zone and corrected lower. BTC could find a strong buying interest near $16,900 or $16,700 in the coming sessions. Bitcoin failed to gain pace for a move above $17,300 and $17,450. The price is trading below $17,000 and the 100 hourly simple moving average. There is a key […]

Cosmin Mesenschi is the Founder and CEO of FirstByte Media. A brand creator with a wealth of knowledge in the crypto gambling industry. His past experiences in the sector have shaped his way of thinking about the market, leading him to find a niche where he could match his own interests with the market’s needs. […]

The entire crypto industry has been experiencing a winter since the last quarter of 2021. Some cryptocurrency prices experienced a massive price slump, with many declining over 65%. However bad things may look, crypto may not go extinct as its popularity has not reduced. A recent study by CryptoManiaks, a crypto education platform, shows that […]

Amid the crypto winter and the Ripple lawsuit saga, XRP is breaking records with over a 4% price surge in 30 days. Unfortunately, the past 30 days have been terrible in the market after the FTX collapse, which broke down cryptocurrency values. However, the low price period proved very beneficial to some fat wallet holders […]

The Ethereum price has moved in the same direction as the broader market. In the last 24 hours, Ethereum has moved up by 2.5%. On the weekly timeframe, the altcoin has rarely registered any movement. This reflects lateral trading for ETH. In the short term, the altcoin might be registering gains, but as the technicals […]

A quant has explained why the recent retest of a critical support level by Nasdaq may help Bitcoin reverse its own trend. Nasdaq-100 Has Recently Retested A Critical Support Trendline As pointed out by an analyst in a CryptoQuant post, Nasdaq-100 is currently above a support line that has historically been important. Nasdaq-100 (NDX) is […]

The LUNA Classic (LUNC) price has noted a fresh decline in the last 24 hours. In that time frame, the altcoin depreciated by 1%. In the past week, LUNC logged gains worth 2.5%. Much of the weekly gains have been lost due to losses on the daily chart. At the moment, LUNC depicts consolidation beneath […]

On-chain data shows Bitcoin whales have continued to shave off their holdings in recent weeks, suggesting that the current lows may not be attractive enough to them. Bitcoin Whales Continue To Sell Despite The Recent Deep Lows As pointed out by an analyst in a CryptoQuant post, the number of investors with balances in the […]