Archives par catégorie: Business

TRX Surges Over 600% Following Justin Sun’s Deal With FTX

TRX Surges Over 600% Following Justin Sun’s Deal With FTX

Tron’s native token TRX has been seeing significant upside on the FTX exchange since the announcement of a potential deal that would allow users to withdraw funds. This deal is one of the only ones that have gone into effect since FTX began experiencing issues and it seems users are already taking advantage of it. […]

Chainlink Increases Accumulation To 190 Days After FTX Fiasco, Is $12 Possible?

Chainlink Increases Accumulation To 190 Days After FTX Fiasco, Is $12 Possible?

 LINK’s price fails to hold amidst market turmoil as price falls back into its accumulation zone with a range-bound movement.  LINK’s price continues to show strength after a bearish downtrend with the market’s current state, as things look uncertain for most traders and investors.  LINK’s price bounces from a low of $5.8 on the daily […]

This Indicator Hints US Investors Sold Bitcoin Harder Than Others During Crash

This Indicator Hints US Investors Sold Bitcoin Harder Than Others During Crash

The Bitcoin Coinbase Premium Index suggests US investors have been selling more heavily than others during the latest crash in the crypto. Bitcoin Coinbase Premium Index Has Turned Deep Red Recently As pointed out by an analyst in a CryptoQuant post, whales on Coinbase Pro seem to have been behind the latest dump. The “Coinbase […]

Bitcoin Recovers Above $17,000, Why This Could Be A Bull Trap

Bitcoin Recovers Above $17,000, Why This Could Be A Bull Trap

Bitcoin is on another recovery path after suffering one of the worst declines of 2022. The digital asset had hit a low of $15,500 before bouncing back up, all of this happening in response to the decline of FTX, the second-largest crypto exchange by trading volume. The price of bitcoin had altered and recovered above […]

Glassnode Suggests Bitcoin Long-Term Holder Conviction Not Lost Yet

Glassnode Suggests Bitcoin Long-Term Holder Conviction Not Lost Yet

Data from Glassnode suggests Bitcoin long-term holder capitulation hasn’t reached a scale that would imply a widespread loss of conviction yet. Bitcoin Long-Term Holder Supply Has Declined By 61.5k BTC Since 6 Nov According to the latest weekly report from Glassnode, the BTC long-term holder supply has observed a notable decrease recently. The “long-term holders” […]

Ethereum Bounces Off $1,100 But Not In A Safe Zone; Here Is Why

Ethereum Bounces Off $1,100 But Not In A Safe Zone; Here Is Why

 ETH’s price reclaims its demand zone of $1,200 as price bounces to a region of $1,250 despite market turmoil.   ETH’s price continues to show strength after a bearish downtrend with the market’s current state, as things look uncertain for most traders and investors.  ETH’s price bounces from a low of $1,100 on the daily timeframes […]

FTX Hacker Becomes 35th Largest Ethereum (ETH) Whale – Dump Incoming?

FTX Hacker Becomes 35th Largest Ethereum (ETH) Whale – Dump Incoming?

Last Friday, the FTX drama took a new turn when it became known that some of the remaining customer funds were stolen by a hacker. According to current knowledge, it must have been an inexperienced insider who gained access to FTX’s wallets. Hacken CEO and co-founder Dyma Budorin stated that the hacker was able to […]

Chainlink Suffers 40% Loss In Last 7 Days – Can LINK Regain $9 Mark This Week?

Chainlink Suffers 40% Loss In Last 7 Days – Can LINK Regain $9 Mark This Week?

Chainlink (LINK) managed to trim its losses after it made a bounce back despite the continuing uncertainty in the crypto market caused by Bitcoin and Ethereum’s recent respective declines.  According to data from Coingecko, at the time of this writing, the crypto asset is changing hands at $6.48 and has been up by 3% for […]

Trust Wallet Token (TWT) Scores Over 97% Gains Going Against Market Trend

Trust Wallet Token (TWT) Scores Over 97% Gains Going Against Market Trend

Despite current market conditions, the official Trust Wallet token (TWT) has posted impressive gains in the last 7 days. TWT saw an impressive rise of over 97% on its week-on-week chart. Most of the price rally happened in the last three days, with the coin marking a new all-time high yesterday. TWT’s surge also has […]

Bitcoin Shows Strength As Price Holds Above $16,500; Is This A Bear Trap?

Bitcoin Shows Strength As Price Holds Above $16,500; Is This A Bear Trap?

 BTC’s price loses its previous all-time high of $18,000 as Binance rejects the FTX takeover, with the price responding with a decline to a region of $15,500.   BTC’s 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 […]

XRP Price Rallies 15%, Why Ripple Could Outperform Bitcoin and Ethereum

XRP Price Rallies 15%, Why Ripple Could Outperform Bitcoin and Ethereum

Ripple started a strong increase above the $0.350 resistance against the US Dollar. XRP price is now attempting a key upside break above the $0.380 resistance. Ripple started a fresh increase from the key $0.320 support zone against the US dollar. The price is now trading below $0.400 and the 100 simple moving average (4-hours). […]

Bitcoin Price Consolidates, Why 100 SMA Could Start A Decent Recovery

Bitcoin Price Consolidates, Why 100 SMA Could Start A Decent Recovery

Bitcoin price remained stable above the $16,000 support zone. BTC could start a decent recovery wave if there is a clear move above the 100 hourly SMA. Bitcoin remained well bid above the $16,000 and $15,800 support levels. The price is trading below $17,000 and the 100 hourly simple moving average. There is a major […]

PAX Gold (PAXG) Leads Weekly Gains Among Top Coins

PAX Gold (PAXG) Leads Weekly Gains Among Top Coins

As the market suffers from FTX’s liquidity crisis, PAX Gold (PAXG), a commodity-backed crypto, continues to lead weekly gains. The 65th largest crypto by market cap was seen keeping a week-on-week gain of 5.26% and an intraday gain of 1.12%. Based on current market movement, PAX Gold is the week’s highest gainer. In fact, no […]

Supernova Fall Release Brings New Features for NFT and DeFi Investors

Supernova Fall Release Brings New Features for NFT and DeFi Investors

Welcome amazing new CoinStats Midas product line, as well as features such as DeFi tracking, NFT activity aggregator, and smart alert system! On November 14th, CoinStats Team held a live event Supernova Fall to celebrate a batch of new essential products that have made CoinStats a place where all crypto worlds collide. CoinStats founder and […]

Bitcoin Moves Differently From US Stock Market, Correlation Weakening?

Bitcoin Moves Differently From US Stock Market, Correlation Weakening?

Data shows while Bitcoin has been correlated with the US stock market for some time now, the two haven’t moved in tandem recently. Bitcoin Correlation With US Stocks May Be Weakening As BTC Has Been Moving Differently As pointed out by an analyst in a CryptoQuant post, BTC has gone down in the past week […]

Bitcoin Price Downtrend Far From Over, Why BTC Could Test $15K

Bitcoin Price Downtrend Far From Over, Why BTC Could Test $15K

Bitcoin price failed to clear $18,000 and started a fresh decline. BTC is showing bearish signs and it might soon decline towards the $15,000 level. Bitcoin started a fresh decline from the $18,000 and $18,150 resistance levels. The price is trading below $18,000 and the 100 hourly simple moving average. There is a key bearish […]

Ethereum Price Consolidates Losses, Why 100 SMA Could Trigger Rally

Ethereum Price Consolidates Losses, Why 100 SMA Could Trigger Rally

Ethereum started a recovery wave above the $1,200 level against the US Dollar. ETH must clear $1,320 and the 100 hourly SMA to start a sustained upward move. Ethereum started a recovery wave above the $1,200 and $1,220 levels. The price is now trading below $1,300 and the 100 hourly simple moving average. There was […]

Bitcoin Price Rejects $18K, Why There is Risk of Another Drop To $16K

Bitcoin Price Rejects $18K, Why There is Risk of Another Drop To $16K

Bitcoin price recovered over $1,500 and climbed above $17,500. BTC failed to clear the $18,000 resistance and started a fresh decline. Bitcoin started a recovery wave above the $17,000 and $17,200 resistance levels. The price is trading below $18,500 and the 100 hourly simple moving average. There is a key bullish trend line forming with […]

Kraken’s Jesse Powell Blast FTX And Sam Bankman-Fried Without Naming Them

Kraken’s Jesse Powell Blast FTX And Sam Bankman-Fried Without Naming Them

Leave it to Jesse Powell to say what everyone in crypto is thinking. “I’m really trying to control my rage,” the mind behind Kraken tweeted to begin his rant. In the following article, we’ll comment on several of his very interesting points. Make no mistake, though, Jesse Powell thinks this isn’t over and the crypto […]