Archives par catégorie: Business

Why The Bitcoin Price Could Be Building An Uptrend

Why The Bitcoin Price Could Be Building An Uptrend

The Bitcoin price is steadily trading above critical support levels and might extend its bullish trend in the coming days. The cryptocurrency positively reacted to the current macroeconomic conditions despite the U.S. Federal Reserve (Fed) promising to keep hiking interest rates.  At the time of writing, the Bitcoin price trades at $20,700 with a 3% […]

Ethereum Reserves Of FTX Collapse In The Midst Of Liquidity problems

Ethereum Reserves Of FTX Collapse In The Midst Of Liquidity problems

FTX seems to fall deeper into its despair pit without any anchor. The crypto exchange is facing several issues threatening the stability of the firm. First, there appears to be an ongoing war between FTX and the Binance crypto exchange. This is presumed to involve their respective CEOs, Sam Bankman-Fried (SBF) and Changpeng Zhao (CZ). […]

Bitcoin Price: Can Cyclical Tools Predict The Next Bubble? | BTCUSD November 7, 2022

Bitcoin Price: Can Cyclical Tools Predict The Next Bubble? | BTCUSD November 7, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine major Bitcoin price troughs with Hurst Cycle Theory and cyclical tools to consider if the bottom could be in and if another bubble is coming. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): November 7, 2022 In this video, we […]

Bitcoin Dips Below $21k As Long-Term Holders Harvest Profits

Bitcoin Dips Below $21k As Long-Term Holders Harvest Profits

Bitcoin has declined below $21k during the past day as on-chain data shows signs of long-term holders harvesting profits. Bitcoin Long-Term Holder SOPR Has Spiked Up In Recent Days As pointed out by an analyst in a CryptoQuant post, profit-taking from long-term holders has previously been followed by local tops in the price of the […]

Hive Blockchain Bucks The Bearish Trend By Holding $68 Million In Bitcoin

Hive Blockchain Bucks The Bearish Trend By Holding $68 Million In Bitcoin

The extreme microeconomic factors, rising inflation, and increased energy cost have impacted the profitability of Bitcoin miners. Amid the ongoing bear market, many Bitcoin miners find it difficult to stay afloat and maintain their operation costs. Moreover, the Bitcoin hash rate is surging, further increasing the pressure on miners. Most miners obtained high-interest loans, which […]

Ethereum Struggles To Trade Above $1,650 Again, Is $1,750 Possible For Bulls?

Ethereum Struggles To Trade Above $1,650 Again, Is $1,750 Possible For Bulls?

 ETH’s price needs to stay above $1,500 for the price to have a chance to rally high to a region of $1,700.  ETH’s price continues to trend, creating a more bullish bias as the price aim for $1,700, where the price could face resistance.  ETH’s price remains strong, holding key support on the daily timeframes […]

Users Flee FTX? Exchange Sees 47% Drop In On-Chain Balance

Users Flee FTX? Exchange Sees 47% Drop In On-Chain Balance

The crypto industry is witnessing a new war between exchange giants FTX, led by Sam Bankman-Fried, and Binance-led Changpeng “CZ” Zhao. Over the past week, rumors emerged about the former exchange becoming insolvent and holding an illiquid balance sheet.  The Binance CEO seems to be fulling speculations. During the weekend, CZ expressed concerns about “recent […]

Solana Plunges 12% – Is FTX Selling Its SOL To Defend FTT?

Solana Plunges 12% – Is FTX Selling Its SOL To Defend FTT?

Amidst the turmoil surrounding crypto exchange FTX, there is currently one big loser, Solana (SOL). While the FTT token is at the center of discussions for many market observers after Binance CEO Changpeng Zhao announced to sell all FTT tokens, SOL is seeing a massive -12% drop in price over the last 24 hours. Even […]

Tron Transaction Volume Balloons To 5.3 Million In Q3, But There’s Still Doubts Ahead

Tron Transaction Volume Balloons To 5.3 Million In Q3, But There’s Still Doubts Ahead

Once a week, the official Tron Twitter account would tweet out an update for the world to see. The events of the past week, the post claims, have provided Tron with new possibilities. Also during the quarter, Messari published their own report on Tron’s performance. As more data on the token’s side are investigated, the […]

These Events Will Be Key For Bitcoin And Crypto This Week

These Events Will Be Key For Bitcoin And Crypto This Week

The Bitcoin and crypto market is kicking off what could be an extremely important week. While the market is currently overwhelmed by the news surrounding the battle between Binance CEO Changpeng Zhao (“CZ”) and FTX CEO Sam Bankman-Fried (“SBF”), the midterm elections and the release of the CPI data in the US are two major […]

Bitcoin (BTC) Looks Strong Above $20,500; Here Is The Key Level To Watch

Bitcoin (BTC) Looks Strong Above $20,500; Here Is The Key Level To Watch

 BTC’s price needs to stay above $20,500 for the price to have a chance to rally high to a region of $22,500.  BTC’s price continues to trend, creating a more bullish bias as the price aim for $22,500, where the price could face resistance.  BTC’s price remains strong, holding key support on the daily timeframes […]

What Is Aave: Deep Dive Into the Open Source Liquidity Protocol

What Is Aave: Deep Dive Into the Open Source Liquidity Protocol

Can you think of a couple of ways you could utilize your crypto assets? Lending and borrowing are most likely nowhere near your top mentions, right? Yet, crypto loans are an ever-growing sensation in the nascent crypto industry.  The entire process takes place seamlessly, as it uses smart contracts to match lenders with borrowers. For […]

Ethereum Price Plunges to $1,550: Can Bulls Save the Day?

Ethereum Price Plunges to $1,550: Can Bulls Save the Day?

Ethereum started a downside correction from the $1,675 high against the US Dollar. ETH must stay above the $1,550 support to start a fresh increase. Ethereum climbed higher above $1,650 before it started a downside correction. The price is now trading below $1,600 and the 100 hourly simple moving average. There is a key bearish […]

Bitcoin Price Starts Constructive Correction, Why BTC Could Drop Further

Bitcoin Price Starts Constructive Correction, Why BTC Could Drop Further

Bitcoin price traded to a new monthly high at $21,469 before it started a downside correction. BTC could drop towards $20,600 before it starts a fresh increase. Bitcoin gained pace above the $21,000 resistance zone before it faced sellers. The price is trading above $20,500 and the 100 hourly simple moving average. There is a […]