Archives par catégorie: Business

XRP Price Maintains Support Level: What It Means For The Bulls

XRP Price Maintains Support Level: What It Means For The Bulls

XRP price climbed higher and tested the $0.4840 resistance zone. The price corrected gains but the bulls are able to protect the $0.4750 support. XRP price is eyeing an upside break above the $0.4840 resistance zone. The price is now trading above $0.4720 and the 100-hourly Simple Moving Average. There is a connecting bullish trend […]

Crypto Analyst Predicts 45% Drop For Bitcoin, But Says It Won’t Go Below This Level

Crypto Analyst Predicts 45% Drop For Bitcoin, But Says It Won’t Go Below This Level

Bitcoin has been in a notable state of flux recently after recovering from the crash below $60,000 and establishing support above $61,000. However, with the pioneer cryptocurrency failing to completely beat important resistance points such as $63,500, bearish sentiment continues to dominate the market. Amid this, one crypto analyst has predicted that the Bitcoin crash […]

Ethereum Price Undergoes Technical Correction: Can ETH Resume Higher?

Ethereum Price Undergoes Technical Correction: Can ETH Resume Higher?

Ethereum price started a downside correction from the $3,520 zone. ETH is stable above $3,420 and might attempt another increase in the near term. Ethereum started a downside correction after it failed to surpass the $3,520 zone. The price is trading above $3,420 and the 100-hourly Simple Moving Average. There is a connecting bearish trend […]

Bitcoin Q3 Rally Possible As Miner Selloff Finishes, Quant Says

Bitcoin Q3 Rally Possible As Miner Selloff Finishes, Quant Says

A quant has explained how a rally could be possible for Bitcoin in this third quarter of 2024 as miner selling pressure has disappeared. Bitcoin Miners Appear To Have Stopped Their Selling In a CryptoQuant Quicktake post, an analyst has talked about how the selling pressure concerns from miners have resolved recently. There are two […]

Circle Awarded Europe’s First Stablecoin License Under New MiCA Crypto Rules

Circle Awarded Europe’s First Stablecoin License Under New MiCA Crypto Rules

Cryptocurrency firm Circle has achieved a significant milestone by securing registration as an electronic money institution (EMI) in France. This move grants Circle a crucial license to operate as a compliant stablecoin issuer under the European Union’s rigorous crypto laws.  Circle Breakthrough According to a CNBC report, the approved license positions Circle as the first […]

Bitcoin Price Challenge: Can It Break Through and Resume Climbing?

Bitcoin Price Challenge: Can It Break Through and Resume Climbing?

Bitcoin price recovered and tested the $63,650 resistance zone. BTC is now consolidating gains and might make another attempt to surpass $63,650. Bitcoin started a decent increase above the $62,500 and $63,000 levels. The price is trading above $62,250 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with […]

Dogecoin Flashes Major Bullish Signal On 3-Day Chart, Here’s The Target

Dogecoin Flashes Major Bullish Signal On 3-Day Chart, Here’s The Target

Dogecoin (DOGE) could be on the brink of a major bullish reversal based on a technical indicator recently flashing a bullish signal for the meme coin. While highlighting the bullish signal, crypto analyst Ali Martinez also hinted at how high Dogecoin could rise when this reversal occurs.  A Rebound For Dogecoin On The Horizon Martinez […]

Polkadot Treasury Faces Impending Funding Crisis: Limited To 24 Months Before Exhaustion

Polkadot Treasury Faces Impending Funding Crisis: Limited To 24 Months Before Exhaustion

The recent report released by the Polkadot Treasury for the first half of 2024 has raised concerns over an impending funding crisis. The report indicates that the Treasury’s assets, spread across multiple chains, have become increasingly complex and challenging to manage effectively.  Decentralized finance (DeFi) researcher DeFi Ignas has analyzed the report, highlighting the Treasury’s […]

Bitcoin Begins Month With A Rebound As Metaplanet’s BTC Investment Tops $10 Million

Bitcoin Begins Month With A Rebound As Metaplanet’s BTC Investment Tops $10 Million

In a move indicative of growing corporate confidence in Bitcoin, Tokyo-listed Metaplanet has once again increased its BTC reserves, with a recent acquisition pushing its total holdings past the $10 million mark. This purchase coincides with Bitcoin’s positive start in July, as the cryptocurrency begins to recover recently lost gains. Currently, Bitcoin is trading above […]

Market Analysts Eye July for Potential Big Wins in Bitcoin and Ethereum — Here’s Why

Market Analysts Eye July for Potential Big Wins in Bitcoin and Ethereum — Here’s Why

In the financial market, historical trends often offer a glimpse into potential future outcomes and so far, July has historically been a strong month for both Bitcoin and Ethereum, and analysts are eyeing this pattern to predict another fruitful period. A Profitable July For Bitcoin And Ethereum According to seasoned market analysts from QCP Capital, […]

Bitcoin Analyst Says Coin Overvalued: Why Is This BTC Chart Super Bullish?

Bitcoin Analyst Says Coin Overvalued: Why Is This BTC Chart Super Bullish?

Bitcoin is trending higher at spot rates, breaching $63,000 on June 30 before recoiling. Even though momentum is building, the action of the coin’s price is a source of debate. Still, some are doubtful, thinking there is reason for a possible overvaluation. Analyst: Bitcoin Is Overvalued, Here’s Why In a post on X, one analyst […]

Baked Or Burned? Trader Makes 307x From Solana Token But Investors Raise The Alarm

Baked Or Burned? Trader Makes 307x From Solana Token But Investors Raise The Alarm

Over the weekend, a crypto trader turned 70 SOL into $3 million with a Solana-based token. However, the investor’s success story was overshadowed by the controversial launch of the memecoin that made it possible. Trader Makes $3 Million In Minutes A crypto trader made millions in 30 minutes after investing $9,923 in Solana-based memecoin BAKED. […]

Analysts Says Cardano Has Bottomed And Will Rally To $0.8, But It Must Hold This Level

Analysts Says Cardano Has Bottomed And Will Rally To $0.8, But It Must Hold This Level

A crypto analyst has uncovered a new technical pattern in the Cardano price movements, signaling the potential for a substantial rebound. Echoing this optimism, another analyst has affirmed that Cardano may have hit its bottom and could be on the verge of rebounding to $0.8.  Analyst Declares Cardano’s Price Bottom In an X (formerly Twitter) […]

Mt. Gox’s Bitcoin Dump: How Will The $9 Billion Sell-Off Affect BTC’s Price?

Mt. Gox’s Bitcoin Dump: How Will The $9 Billion Sell-Off Affect BTC’s Price?

Defunct Bitcoin exchange Mt. Gox has finally announced the final date to begin refunding Bitcoin and Bitcoin Cash (BCH) to affected customers, starting as early as this week.  This eagerly awaited announcement has raised concerns within the cryptocurrency community regarding the potential contribution of these customers to ongoing selling pressure in the Bitcoin market.  Experts […]

Shiba Inu ‘Underbought,’ While Bitcoin ‘Overbought’ Recently: Santiment

Shiba Inu ‘Underbought,’ While Bitcoin ‘Overbought’ Recently: Santiment

According to this metric, the on-chain analytics firm Santiment has revealed Shiba Inu has been underbought recently, while Bitcoin is overbought. MVRV Z-Score Suggests Shiba Inu Has Been Undervalued Recently In a new post on X, Santiment has discussed how some of the top cryptocurrencies are looking like right now on their MVRV Z-Score. The […]

Bitcoin Investors Place $500 Million In Spot BTC Bids Below Market Price

Bitcoin Investors Place $500 Million In Spot BTC Bids Below Market Price

Bitcoin looks like it’s starting to kick off the week on the right foot, suggesting the end of the correction that lingered throughout June. While investors continue to ponder on Bitcoin’s price trajectory in July, on-chain data, price history, and strategic transactions point to a bullish July. Despite the short-term volatility, many investors remain bullish […]

Dogecoin Could Eclipse $1 Mark This Bull Run, Predicts Analyst

Dogecoin Could Eclipse $1 Mark This Bull Run, Predicts Analyst

In a technical analysis, noted crypto analyst Big Mike (@Michael_EWpro), has revealed a bullish forecast for Dogecoin (DOGE) that suggests the meme coin could surpass the $1 threshold in this bull cycle. The Dogecoin price prediction is rooted in the Elliott Wave theory, and is further reinforced by a robust set of technical indicators that […]

Ethereum Goes Budget-Friendly: Transaction Fees Drop To Lowest Since 2016

Ethereum Goes Budget-Friendly: Transaction Fees Drop To Lowest Since 2016

Ethereum, the world’s second-largest blockchain platform, has entered a new era marked by record-low transaction fees. This dramatic shift, the most significant since 2016, has sent ripples of excitement through the cryptocurrency community, raising hopes for increased adoption and a more accessible DeFi (Decentralized Finance) landscape. From Pricey To Penny-Pinching Previously, Ethereum’s notorious gas fees, […]

Bitcoin Nears $64,515 Resistance: Will A Breakthrough Ignite A Bullish Run?

Bitcoin Nears $64,515 Resistance: Will A Breakthrough Ignite A Bullish Run?

Bitcoin (BTC) is on the brink of a significant price movement as it approaches the crucial resistance level of $64,515. The cryptocurrency asset has been experiencing an upward trend, gaining momentum and investor confidence.  Breaking through this key resistance could act as a catalyst for a major rally, potentially pushing BTC to new heights. Traders […]