Archives par catégorie: Business

Bitcoin Trades Above $16,500 – Could This Be A Bear Trap?

Bitcoin Trades Above $16,500 – Could This Be A Bear Trap?

BTC’s price lost its all-time high of $18,000 as FTX fiascos continued to affect its price  Price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors  BTC’s price bounces from a low of $15,500 on the daily timeframe as the price reclaims the 50 Exponential Moving […]

Polkadot Soars 8% In Last 24 Hours Courtesy Of Its Dev’t Activity, NFT Ecosystem Growth

Polkadot Soars 8% In Last 24 Hours Courtesy Of Its Dev’t Activity, NFT Ecosystem Growth

With the use of relationships with parachains, Polkadot will be able to expand its ecosystem’s capabilities and reach new heights. Moonbeam Network and its subsidiary, Moon River, have joined forces with Bifrost recently. There’s hope for Polkadot, and here’s a quick article at how the crypto has been faring: The DOT’s price went up because […]

Dump Incoming? Rogue BTC-e Sends $165 Million In Bitcoin To Personal Wallets And Exchanges

Dump Incoming? Rogue BTC-e Sends $165 Million In Bitcoin To Personal Wallets And Exchanges

After a year of near dormancy, Bitcoin funds of the rogue exchange BTC-e are on the move again. Chainalysis, an American blockchain analysis firm headquartered in New York City, is reporting that 10,000 BTC, worth about $165 million, have been transferred. The destination of the transactions are personal wallets, exchange deposit addresses and other services. […]

Top 3 Altcoins Performers For The Week – LTC, CRV, ZEC

Top 3 Altcoins Performers For The Week – LTC, CRV, ZEC

The crypto market keeps getting touchy and challenging for most crypto traders and investors, with the market being hit virtually every week with bad news that sends the price of most altcoins to their weekly lows. Recently, the price action displayed by many altcoins has been problematic as many altcoins battle for survival. The Domino […]

Ethereum Price Recovers But Bears Are Not Out Of The Woods Yet

Ethereum Price Recovers But Bears Are Not Out Of The Woods Yet

Ethereum started a decent recovery wave above $1,150 against the US Dollar. ETH is now approaching a major hurdle near $1,230 and $1,250. Ethereum started an upside correction above the $1,120 and $1,150 resistance levels. The price is now trading above $1,150 and the 100 hourly simple moving average. There is a key bullish trend […]

Bitcoin Price Prediction: Recovery Just Getting Started or It’s Bull Trap?

Bitcoin Price Prediction: Recovery Just Getting Started or It’s Bull Trap?

Bitcoin price gained pace and was able to clear $16,500. BTC must settle above $17,000 to start a real recovery in the near term. Bitcoin started an upside correction and climbed above the $16,500 resistance. The price is trading above $16,400 and the 100 hourly simple moving average. There was a break above a major […]

Cosmos (ATOM) Rallies With Over 10% Gain As Indicator Shows Not In Safe Zone

Cosmos (ATOM) Rallies With Over 10% Gain As Indicator Shows Not In Safe Zone

ATOM’s price shows strength as price bounces off from a weekly low of $8.5 giving bulls some relief.  ATOM’s price continues to look bearish as more sentiment for the market lingers, with things looking uncertain for most traders and investors.  ATOM’s price rallies high on the daily timeframe as the price moves toward the 50 […]

Solana (SOL) Prints Over 16% Gains In The Last 24 Hours

Solana (SOL) Prints Over 16% Gains In The Last 24 Hours

The general cryptocurrency slump left all assets clinging to the support levels to stay afloat. Solana (SOL) was one of the most affected by this movement, deviating from its all-time high of $260.06 to currently trading at $13.75. The total circulating supply of SOL stands at $362,782,994. Also, the 24-hour low is $11.l7, while the […]

Aave Price Recovers Back To $57, But Threat Of New Attack Looms Over Protocol

Aave Price Recovers Back To $57, But Threat Of New Attack Looms Over Protocol

The Ethereum-based decentralized finance (DeFi) protocol Aave suffered an attack led by Avraham Eisenberg. The controversial individual was behind a sophisticated run against Mango Markets. The run has been called an attack by some and a clever strategy by others.  Aave (AAVE) trades at $57 with a 7% and 36% loss in the last 24 […]

Crypto Market Back To High Correlation As All Indexes Closely Follow Bitcoin

Crypto Market Back To High Correlation As All Indexes Closely Follow Bitcoin

Data shows the crypto market has become highly correlation again in the past week as all indexes have been closing following Bitcoin. All Market Cap Weighted Crypto Indexes Have Been Moving Together Recently According to the latest weekly report from Arcane Research, the 30-day ETH-BTC correlation now has a value of 0.95. To assess the […]

Ethereum Classic (ETC) Sees Over 7% Gains Amidst Crypto Market Recovery

Ethereum Classic (ETC) Sees Over 7% Gains Amidst Crypto Market Recovery

Ethereum Classic (ETC) is currently trading at $19.65, an increase from its previous price. The crypto, presently ranked at number 23 on CoinMarketCap, shows signs of life. The 24-hour trading volume of the token stands at $332,995,651.  The 24-hour low of ETC stands at $18.20, while the high was at $20.15. The market capitalization of […]

Litecoin (LTC) Breaks Above $75 As Price Eyes $90; Here Are Levels To Watch

Litecoin (LTC) Breaks Above $75 As Price Eyes $90; Here Are Levels To Watch

LTC’s price shows strength as price bounces off from a weekly low of $50 to trend higher, giving bulls some relief.  LTC’s price continues to look strong as bearish sentiment for the market lingers, with things looking uncertain for most traders and investors.  LTC’s price rallies high on the daily timeframe as the price moves […]

Bitcoin Closing In On This Bullish Crossover, Relief Finally Ahead?

Bitcoin Closing In On This Bullish Crossover, Relief Finally Ahead?

On-chain data shows Bitcoin is closing in on a crossover that has historically proved to be bullish for the price of the crypto. Bitcoin Short-Term And Long-Term UTXO Age Bands Approach Crossover As pointed out by an analyst in a CryptoQuant post, BTC has usually observed a significant rise following the formation of such a […]

Litecoin Sharks Push Price Over $75, LTC Likely to Keep On Rising

Litecoin Sharks Push Price Over $75, LTC Likely to Keep On Rising

Litecoin has experienced a significant price surge on low timeframes and hints at a possible bullish continuation. The cryptocurrency is moving higher than more significant assets in the space, and it’s making its way to the top 10 by market capitalization.  The current market landscape and on-chain activity support a bullish thesis. As of this […]

SUSHI Latest Feats Are Quite Impressive, But Crypto Must Overcome Rough Terrain

SUSHI Latest Feats Are Quite Impressive, But Crypto Must Overcome Rough Terrain

SUSHI has shown strong bullishness, ranking as the most influential project in Avalanche and breaking into the top 10 in Altrank on Polygon. At this time of writing, CoinGecko is estimating a 24% increase in value, which is a 10% increase from where it was. The following is a quick rundown of some of SUSHI’s […]

Ripple Vs. SEC: Lawyer Explains Why Nov 30 Is Crucial And Why A Settlement Is Possible

Ripple Vs. SEC: Lawyer Explains Why Nov 30 Is Crucial And Why A Settlement Is Possible

While the crypto community has been eagerly focused on the developments surrounding Genesis Trading and Digital Currenc Group (DCG) over the past few days, Ripple Labs continues to battle the U.S. Securities and Exchange Commission (SEC). And the next important deadlines are already looming. By November 30, both Ripple and the SEC have to file […]

Ethereum Whales Accumulate Over $1 Billion Worth Of Ethereum Amid High Sell-off

Ethereum Whales Accumulate Over $1 Billion Worth Of Ethereum Amid High Sell-off

The crypto market often runs on a cycle of highs and lows. Conscious investors leverage the lows to enrich their wallets with assets awaiting the bull run. This quarter’s bearish trend is no exception. The past few weeks in the crypto market have been filled with massive losses following the FTX collapse. The extreme macroeconomic […]

Genesis / DCG: All Cool Again? Bitcoin Investors Should Be Cautions

Genesis / DCG: All Cool Again? Bitcoin Investors Should Be Cautions

The Bitcoin price plunged to a new bear market low at $15,487 on Monday after rumors intensified that Genesis Trading and Digital Currency Group (DCG), which also owns Grayscale with its 635,000 BTC strong GBTC, would go bankrupt. Since then, the Bitcoin price is recording a relief rally. At press time, Bitcoin was trading at […]