Archives par catégorie: Business

XRP Adoption & Activity Spike: What This Means For Its Price

XRP Adoption & Activity Spike: What This Means For Its Price

On-chain data shows XRP is observing a spike in its adoption and network activity. Here’s what this could mean for the asset. XRP New Addresses & Active Addresses Have Both Spiked According to data from the on-chain analytics firm Santiment, XRP has seen two metrics hit the highest levels since March recently. The first indicator […]

Can Burns Send The Shiba Inu And LUNC Price To $0.01? Expert Chimes In

Can Burns Send The Shiba Inu And LUNC Price To $0.01? Expert Chimes In

The Shiba Inu (SHIB) and Terra Classic (LUNC) ecosystems have become known for their regular token burns, which aim to increase the value of these coins. A computer engineer has given his opinion on this burn mechanism, revealing between Shiba Inu and LUNC, which will likely reach their desired goal of $0.01.  Will Shiba Inu […]

Coinbase Analysts Warn: Bitcoin’s Upward Trend Could Hit a Wall — Here’s Why

Coinbase Analysts Warn: Bitcoin’s Upward Trend Could Hit a Wall — Here’s Why

As Bitcoin is experiencing an uptrend in price increasing by 12.6% in the past week to trade above $66,000, analysts at Coinbase in a Friday report have disclosed potential limitations to its upward trajectory due to “increasing sell orders” on the exchange. According to the report, the recent appreciation in Bitcoin’s value has tempted many […]

MATIC Targets $0.5030 As Bearish Pressure Halts Recent Uptrend

MATIC Targets $0.5030 As Bearish Pressure Halts Recent Uptrend

Recent trading activities have caused the price of MATIC to slide, targeting the $0.5030 mark, following a period of strong upward momentum disrupted by bearish pressure. This sudden drop, driven by increasing bearish sentiment in the market, has sparked speculation among traders and investors about whether the $0.5030 support level will hold or if further […]

ETH Derivates Volume Have Flatlined Despite Spot Ethereum ETFs Approval, What’s Going On?

ETH Derivates Volume Have Flatlined Despite Spot Ethereum ETFs Approval, What’s Going On?

ETH derivatives volume suggests that Ethereum investors have little confidence in the Spot Ethereum ETFs, sparking a massive rally for the second-largest crypto token by market cap. This development comes amid the imminent launch of these funds, which are expected to begin trading next week.  Ethereum Futures Premium Highlights Little Confidence In ETH’s Price According […]

Analyst Upbeat On XRP Rally Despite SEC Meeting Cancellation – Details

Analyst Upbeat On XRP Rally Despite SEC Meeting Cancellation – Details

Nobody in the XRP community expected the SEC to cancel a meeting behind closed doors on July 18 without giving any reason. Some people think this move has something to do with the approval process for spot Ethereum ETFs. Crypto Community Clueless On Meeting Cancellation There has been an obvious shakeup in the cryptocurrency market […]

Market Strategist Says Bitcoin Downtrend Is Finally Over, Here’s Where Price Is Headed Next

Market Strategist Says Bitcoin Downtrend Is Finally Over, Here’s Where Price Is Headed Next

A market strategist has declared that Bitcoin (BTC), the world’s largest cryptocurrency, has finally concluded its downtrend. According to the strategist, Bitcoin may be heading to a new price target, driven by the positive shift in its market value.  Bitcoin Downtrend Is Over A crypto analyst identified as ‘Rekt Capital’ on X (formerly Twitter) has […]

Mass Exodus? Over 672,000 Bitcoin Holders Drop Out Amid Market Shifts

Mass Exodus? Over 672,000 Bitcoin Holders Drop Out Amid Market Shifts

As Santiment analytics disclose an accelerating decline in wallets holding one or more Bitcoin, the cryptocurrency industry has gone abuzz. Crucial for gauging mood in the market, this indicator has been progressively dropping as traders become less optimistic that Bitcoin may rise beyond its historic high of $73,750, which it last touched on March 14. […]

Solana Price Could Eclipse $1,400 As Massive Bull Flag Emerges

Solana Price Could Eclipse $1,400 As Massive Bull Flag Emerges

The Solana price has surged over 33% in the past two weeks, and according to crypto analyst Ali Martinez (@ali_charts), this could be the precursor to a much larger rally. In the weekly chart (SOL/USD), the Solana price exhibits a major bullish pattern, suggesting a potential surge beyond the $1,400 mark. Is $1,400 Next For […]

Injective (INJ) Breaches Key Resistance, Setting Stage For 1,350% Boom — Analyst

Injective (INJ) Breaches Key Resistance, Setting Stage For 1,350% Boom —  Analyst

Recently, injective (INJ) has undergone explosive growth, pushing itself to unprecedented heights and drawing interest both from experts and bitcoin aficionados. Over the past week, the digital asset has jumped about 32%, and a measly 1% in the last day. INJ, at the time of writing, was trading at $26.17. A chance that its price […]

Buying ‘Ethereum Beta’ Altcoins Is A Recipe For Disaster, Researcher Finds

Buying ‘Ethereum Beta’ Altcoins Is A Recipe For Disaster, Researcher Finds

In a research report released on July 18, 2024, Thor Hartvigsen, a crypto researcher, strongly cautioned against the investment strategy of purchasing high-beta altcoins within the Ethereum ecosystem as a leveraged tactic, particularly with the forthcoming launch of the spot Ethereum ETFs in the United States. Hartvigsen’s analysis titled “ETH Beta – a Recipe for […]

Shiba Inu Price Drops 10% As 5 Trillion SHIB Flood To Exchanges Following WazirX’s Exploit

Shiba Inu Price Drops 10% As 5 Trillion SHIB Flood To Exchanges Following WazirX’s Exploit

WazirX, one of India’s largest cryptocurrency exchanges, suffered a security breach on Thursday that resulted in the loss of $230 million, nearly half of its reserves. The exchange referred to the incident as a “force majeure event.” However, the repercussions extend beyond WazirX alone, casting a shadow of uncertainty over Shiba Inu (SHIB) holders. Panic […]

Polygon Announces Date For MATIC To POL Token Upgrade, Price Drops 7%

Polygon Announces Date For MATIC To POL Token Upgrade, Price Drops 7%

On Thursday, the Polygon Foundation announced the date for its upcoming MATIC to POL upgrade after reaching a community consensus. The long-awaited token migration will occur in less than two months and aims to kickstart Polygon’s native token expansion. MATIC saw a 7% drop following the news. Save The Date: Polygon Token Upgrade Coming Soon […]

XRP Price Faces a Dip, Yet Uptrend Support Holds Firm

XRP Price Faces a Dip, Yet Uptrend Support Holds Firm

XRP price struggled near $0.6375 and corrected gains. The price is now trading near $0.540 and might remain stable unless it dives below $0.520. XRP price started a downside correction from the $0.6375 zone. The price is now trading below $0.580 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish […]

Solana Price (SOL) Targets Upside Breakout: Will It Reach New Monthly Highs?

Solana Price (SOL) Targets Upside Breakout: Will It Reach New Monthly Highs?

Solana started a steady increase above the $155 zone. SOL price is signaling a decent increase above the $162 and $165 resistance levels. SOL price started a decent upward move above the $155 resistance against the US Dollar. The price is now trading above $158 and the 100-hourly simple moving average. There is a key […]

Bitcoin Price Hints at Downside: Preparing for Potential Declines

Bitcoin Price Hints at Downside: Preparing for Potential Declines

Bitcoin price corrected gained from the $66,000 resistance level. BTC dipped below $64,000 and might extend losses in the short term. Bitcoin started a fresh downside correction from the $66,000 resistance zone. The price is trading below $64,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line […]

Prophet Brandon Briggs Predicts XRP Price Explosion To $10,000

Prophet Brandon Briggs Predicts XRP Price Explosion To $10,000

Brandon Briggs, a Christian prophet, has dropped a bullish XRP price prediction that would break all records if it came to fruition. According to a video circulating on social media platform X, Briggs predicted XRP hitting a hefty price tag of $10,000. However, he did not give a timeline of when this would happen. This […]

Ethereum Price Pulls Back: ETH Gains Under Pressure

Ethereum Price Pulls Back: ETH Gains Under Pressure

Ethereum price started a downside correction from the $3,500 resistance zone. ETH declined below $3,440 and might struggle to stay above $3,380. Ethereum is correcting gains from the $3,500 zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at […]