Archives par catégorie: Business

Bitcoin Price Downtrend Continues: Brace for More Losses

Bitcoin Price Downtrend Continues: Brace for More Losses

Bitcoin price failed to start a recovery wave above the $58,500 resistance zone. BTC started another decline and might extend losses below $54,000. Bitcoin started a fresh decline and traded below the $56,500 zone. The price is trading below $56,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming […]

Bitcoin Strikes A Chord At The Bottom, But Can It Clear This Major Resistance?

Bitcoin Strikes A Chord At The Bottom, But Can It Clear This Major Resistance?

The price of Bitcoin has increased by 6% since it crossed into the $53,000 price territory on July 5. However, while the cryptocurrency is now exhibiting short-term bullishness, it is important to note that it is not out of the woods yet. There are still some serious resistance levels that could keep BTC trapped in […]

XRP Stages A Comeback: Aims To Reclaim $0.50 After Recent Plunge

XRP Stages A Comeback: Aims To Reclaim $0.50 After Recent Plunge

The XRP community is abuzz with excitement after a whale, a major investor, acquired a hefty 30 million XRP tokens. This significant purchase coincided with a price uptick for the altcoin, which clawed its way back from a recent slump. While some analysts see this whale activity as a bullish signal and predict a surge […]

$2.4 Billion Worth Of Bitcoin Exit The Network As Bear Market Bites

$2.4 Billion Worth Of Bitcoin Exit The Network As Bear Market Bites

The Bitcoin market is experiencing a wave of uncertainty as a recent analysis by CryptoQuant reveals a significant shift in investor behavior. Roughly $2.4 billion worth of Bitcoin, likely acquired by investors this year, has moved within the network, sparking debate about the reasons behind the exodus. Short-Term Jitters Drive Sell-Off Experts believe these outflows […]

Analyst Hints Bitcoin Price Recovery Might Be Underway — Here’s Why

Analyst Hints Bitcoin Price Recovery Might Be Underway — Here’s Why

Crypto analyst Ali Martinez has offered an exciting bullish projection for the Bitcoin price. This analysis is even more interesting for the premier cryptocurrency after it fell to a multi-month low over the past week. Is A Return To $60,000 On The Cards For BTC Price? In a new post on the X platform, Martinez […]

Bitcoin Critic Calls ‘Institutional Demand’ A Myth Following Recent Price Slump

Bitcoin Critic Calls ‘Institutional Demand’ A Myth Following Recent Price Slump

Popular Bitcoin critic Peter Schiff dismisses claims of growing institutional interest in the maiden cryptocurrency. Schiff’s challenging statement comes following the recent Bitcoin market sell-off which resulted in a 10% price decline on Friday. Peter Schiff Claims Little Institutional Demand For Bitcoin According to blockchain analytics platform Lookonchain, the German and US governments, and defunct […]

Bitcoin Woes Not Over? Analyst Predicts Further Crash To $47,000

Bitcoin Woes Not Over? Analyst Predicts Further Crash To $47,000

Although Bitcoin has reclaimed the $56,000 price level in the past few hours, its sudden drop below $54,000 on July 5 has reminded investors of the intense volatility associated with the market. In the larger timeframe, Bitcoin has been down by 7% and 20.25% in the past seven and thirty days, respectively.  While many crypto […]

LayerZero On The Rise: ZRO Bullish Momentum Points To New Highs

LayerZero On The Rise: ZRO Bullish Momentum Points To New Highs

LayerZero (ZRO) is currently experiencing strong bullish momentum, positioning itself for potential new highs in the future. This sustained upward trend indicates growing investor confidence and increased market interest in the platform’s capabilities.  As ZRO continues to gain traction, technical indicators suggest that this momentum could drive the price to unprecedented levels. Traders and investors […]

Is Dogwifhat (WIF) Down For The Count? Price Tanks 15% On Whale Exodus

Is Dogwifhat (WIF) Down For The Count? Price Tanks 15% On Whale Exodus

Dogwifhat, the once-high-flying Solana-based meme coin, suffered a brutal week, mirroring a broader crypto market correction and raising questions about the sustainability of the meme coin craze. Meme Coin Mania Meets Market Mayhem WIF, the token powering Dogwifhat, saw its price plummet 15% in just 24 hours. This dramatic drop erased all the gains from […]

Finance CEO Raoul Pal Says Crypto Will Reach $100 Trillion Market Cap – Here’s When

Finance CEO Raoul Pal Says Crypto Will Reach $100 Trillion Market Cap – Here’s When

Raoul Pal, the co-founder and Chief Executive Officer (CEO) of Real Vision Group, has predicted that the global crypto market will reach a market capitalization of $100 trillion. The financial expert has maintained a strong bullish position for the future of the industry, outlining several reasons why he believes the market will jump 44X from […]

Market Expert Predicts When Bitcoin Price Will Reach Its Cycle Highs

Market Expert Predicts When Bitcoin Price Will Reach Its Cycle Highs

Crypto analyst Rekt Capital has provided insights into when the price of Bitcoin will reach its cycle highs. His analysis has provided reassurance that the flagship crypto is still far from a market top despite its recent decline to new lows this week.  When Will Bitcoin Peak In This Bull Run Rekt Capital mentioned in […]

Bear Market Bites: Chainlink Loses 10%, Further Downturn To $6.80 Feared

Bear Market Bites: Chainlink Loses 10%, Further Downturn To $6.80 Feared

The cryptocurrency market continues its summer swoon, with major coins like Bitcoin tumbling to four-month lows. Chainlink (LINK), a key player in the decentralized oracle network space, has been especially hard-hit, dropping 25% since the beginning of June. But is this a buying opportunity, or the precipice of a steeper decline? This Chart Pattern Looms […]

Time To Buy The Dip? These Are The Large-Cap Crypto Assets To Watch

Time To Buy The Dip? These Are The Large-Cap Crypto Assets To Watch

After a turbulent week for the crypto market, the drop in prices has left an opportunity for investors to enter new or double down on their various positions. Fortunately, the blockchain intelligence firm Santiment has identified some of the large-cap cryptocurrencies to consider. These Cryptocurrencies Are In The Opportunity Zone: Santiment Santiment revealed via a […]

Justin Sun Potential $66 Million Loss Revealed As Ethereum Price Declines

Justin Sun Potential $66 Million Loss Revealed As Ethereum Price Declines

Following a widespread crypto market crash on Friday, the price of Ethereum took a severe price hit falling by about 10%. While the prominent altcoin has made a minor recovery since then, its price slip has revealed some vital information on the holdings of Tron founder and key crypto figure Justin Sun. Justin Sun $66 […]

Bitcoin Price Collapse: Analyst Forecasts $44,000 Plunge On 200 Daily EMA Breakdown

Bitcoin Price Collapse: Analyst Forecasts $44,000 Plunge On 200 Daily EMA Breakdown

The cryptocurrency market witnessed a significant setback as the Bitcoin price plummeted below the $58,000 level. This downward move has raised concerns among bullish investors, suggesting a potential continuation of the downtrend toward the $44,000 support level.  Bitcoin’s failure to consolidate above and retest its all-time high (ATH) of $73,700, reached in March, has resulted […]

LayerZero Bounces Amid Market Retrace, ZRO Soars 20%

LayerZero Bounces Amid Market Retrace, ZRO Soars 20%

LayerZero (ZRO) has become one of the first altcoins to bounce amid the market retrace. The token has registered green numbers despite its controversial token airdrop last month.  As a result, investors and market watchers remain bullish on ZRO’s long-term performance. From ZRO To Market Hero In late June, the omnichain interoperability protocol LayerZero launched […]

Bitcoin Reclaims $56k But Still Faces Potential Drop to $47K, Analyst Reveals Why

Bitcoin Reclaims $56k But Still Faces Potential Drop to $47K, Analyst Reveals Why

Bitcoin has recently exhibited resilience that has surprised many market spectators. Following a dismal drop to a 24-hour low of $53,898, Bitcoin clawed its way back above the $56,000 mark, up 1.6% in the past hour. This rebound has been catalyzed by the latest US NFP report revealing a surge in the unemployment rate, which […]

Bitcoin Crashed Below $55,000 But Traders Are Not Fearful, Why?

Bitcoin Crashed Below $55,000 But Traders Are Not Fearful, Why?

As Bitcoin faces strong headwinds, breaching two critical support levels at $60,000 and $56,500 in quick succession, it may, on the surface, appear that fear is gripping the market. There are reasons to be afraid, especially for coin holders leveraging BTC in decentralized finance (DeFi) protocols, looking to take out loans using the asset as […]

Colossal Buying Pressure For Bitcoin And Solana As FTX Plans $16B Distribution, Expert

Colossal Buying Pressure For Bitcoin And Solana As FTX Plans $16B Distribution, Expert

In a significant development for the cryptocurrency industry, FTX, the exchange that collapsed in November 2022 under the leadership of convicted Sam Bankman-Fried, is preparing to distribute a staggering $16 billion in cash to its customers, which could lead to significant gains for Bitcoin (BTC) and Solana (SOL) prices.  Crypto researcher Xremlin has predicted that […]

Doomsday for Ethereum? ‘A Crash Down To $1,500 Is Coming,’ Says Skeptic, Here’s Why

Doomsday for Ethereum? ‘A Crash Down To $1,500 Is Coming,’ Says Skeptic, Here’s Why

The crypto market is currently navigating through a turbulent phase, particularly for Ethereum, which has seen a significant downturn of nearly 15% in its value over the past week. Amid this negative price performance, Peter Schiff, a well-known economist and a skeptic of cryptocurrencies, has chosen to add salt to the wounds by projecting a […]