Archives par catégorie: Business

Bitcoin Price Lacks Momentum But BTC Holders Are Safe: Here’s Why

Bitcoin Price Lacks Momentum But BTC Holders Are Safe: Here’s Why

Bitcoin price struggled to clear the $20,000 resistance zone against the US Dollar. BTC might decline, but there is a key support waiting near the $18,900 zone. Bitcoin failed to gain momentum for a move above the $20,000 resistance zone. The price is trading below $19,400 and the 100 hourly simple moving average. There is […]

Will Bitcoin Become More Volatile As US Inflation Hits 8.2%

Will Bitcoin Become More Volatile As US Inflation Hits 8.2%

The impact of macroeconomic factors on crypto and Bitcoin is increasing as inflation gets stronger. Both the crypto and the traditional market are facing a raging storm. Many international bodies fear that a possible global recession will soon break out. Another round of volatility has commenced in the crypto market. The cause is the US […]

MakerDAO Revenue Experiences A Major Drop, Here’s Why

MakerDAO Revenue Experiences A Major Drop, Here’s Why

For the first time since 2020, MakeDAO has crashed in its quarterly net income. The DAO is the autonomous community that governs the Maker Protocol. The project is based on the Ethereum blockchain and supports the lending and borrowing of crypto assets without a third party. MakerDAO has just witnessed a drastic drop in its […]

Bitcoin Futures Market Remains Heated As Leverage Stays High

Bitcoin Futures Market Remains Heated As Leverage Stays High

On-chain data shows the Bitcoin futures market has remained heated recently as leverage taken on by investors has been quite high. Bitcoin Estimated Leverage Ratio Declines A Bit, But Still Remains Very High Following the rise in derivative activities, the leverage in the market hit a new all-tine high recently, as noted by an analyst […]

Stellar (XLM) Buyers Must Check Out These Data Before Going Long

Stellar (XLM) Buyers Must Check Out These Data Before Going Long

Stellar is one of the cryptocurrencies that had an interesting and fruitful 2021, perhaps why the altcoin is making positive noise these days for being a viable asset for long trading. Stellar could enter a dull phase on the coming sessions XLM is -10.1% over the past week Stellar is on an extended bearish momentum […]

Chainlink (LINK) Makes Top 10 List Of Most Purchased Tokens In Last 24 Hours

Chainlink (LINK) Makes Top 10 List Of Most Purchased Tokens In Last 24 Hours

Chainlink (LINK) managed to trim its week-to-date losses after going down by as much as 10% following massive altcoin price correction a couple of days ago. The crypto, trading at $7.04 according to latest tracking from Coingecko, managed to stop further price bleeding, increasing by 2.1% over the last 24-hours and lowering its seven-day decline […]

Elrond (EGLD) Price May Break Past $56 Hurdle – Here’s How

Elrond (EGLD) Price May Break Past $56 Hurdle – Here’s How

Elrond, together with Polygon and Uniswap, were the three altcoins mentioned in a recent news report by CNBC to watch out for this month as they managed to tally significant gains despite the continued grip of bears in the crypto market. Elrond is currently in a bullish pattern, ready to test the $57.7 resistance marker […]

Bitcoin Struggles To Break Past $19,500 As New Twist Surfaces, Here’s What To Expect

Bitcoin Struggles To Break Past $19,500 As New Twist Surfaces, Here’s What To Expect

BTC’s price shows strength but has struggled to break past $19,500 as the price continues to move in circles.  BTC bounced from a low of $18,200 after the price rallied toward $19,800 but was rejected by sellers.  The price of BTC continues to trade below 50 and 200 Exponential Moving Averages (EMA) ahead of the […]

Cardano (ADA) Sheds 15% Of Value In Last 7 Days – When Will The Pain Stop?

Cardano (ADA) Sheds 15% Of Value In Last 7 Days – When Will The Pain Stop?

Cryptocurrency investors have been keeping a close eye on Cardano lately. One Reddit user noted that the current rate of price change is the slowest since January of 2021. Coingecko reports that the value of Cardano has dropped by 15% over the past two weeks and 24% over the past month. In spite of the […]

Bitcoin Price Faces Tough Resistance Despite Recovery On The Chart

Bitcoin Price Faces Tough Resistance Despite Recovery On The Chart

Bitcoin price continues to witness strong resistance around the $19,400 mark. Over the last 24 hours, the coin depreciated by 2.9%. At the beginning of this month, Bitcoin price had staged a brief recovery but it was met with selling pressure. After the coin started hovering near the $18,000 price mark, this level attracted buyers […]

Fantom Bear Market Struggle Continues; Will Price Break The Downtrend Jinx?

Fantom Bear Market Struggle Continues; Will Price Break The Downtrend Jinx?

FTM’s price struggles as a downtrend price movement continue.  FTM failed to breakout from its range channel as the price was rejected into a downtrend price formation with more sell volume. The price of FTM shows bearish signs as the price trades below the 50 and 200 Exponential Moving Averages (EMA). Fantom (FTM) price movement […]

Mango Madness: Exploiter Could Walk Away With Unparalleled ~$50M Bug Bounty

Mango Madness: Exploiter Could Walk Away With Unparalleled ~$50M Bug Bounty

Forget March Madness, Mango Madness is in season this time of year. The Solana-based lending protocol has been a spectacle unlike any other throughout this week, and that’s certainly saying something considering the amount of antics crypto brings to the table on frequent occasion. Since our first covering of Mango’s exploit that led to a […]

Cosmos Detects Major System Weak Point – Will ATOM Price Be In Trouble?

Cosmos Detects Major System Weak Point – Will ATOM Price Be In Trouble?

Cosmos is now making sure their system won’t share the same fate as the BNB Chain that was drained of $100 million worth of tokens in a hacker attack last week. On October 13th, Ethan Buchman, co-founder of the Cosmos inter-blockchain communication (IBC) ecosystem, revealed a major security weak point that affects all Cosmos chains that […]

Kucoin Token (KCS) Shows Green Instead Of Red, Will Price Breach $11?

Kucoin Token (KCS) Shows Green Instead Of Red, Will Price Breach $11?

KCS’ price shows strength as the price remains green despite the market’s uncertainty.  KCS bounces from the downtrend as the price breaks out of a descending triangle with strong buy volume.  The price of KCS shows bullish signs as the price trades above 50 Exponential Moving Averages (EMA) with good volume.  Kucoin Token (KCS) price […]

Ethereum Classic (ETC) Price Muffled In Last 2 Months – Will ‘Uptober’ Any Different?

Ethereum Classic (ETC) Price Muffled In Last 2 Months – Will ‘Uptober’ Any Different?

There was a 5% loss in value for ETC over the past day. The Ethereum Classic coin has continued its fall on longer time frames since the July spike. Ethereum Classic bears were unable to withstand the selling pressure after the fork attempted to maintain a price above the $27 support line. As of this writing, ETC […]

Uniswap (UNI) Likely To Reach $7 – If Token Overcomes This Resistance Level

Uniswap (UNI) Likely To Reach $7 – If Token Overcomes This Resistance Level

Uniswap is not looking good right now. UNI, the governance token of the decentralized exchange platform bearing the same name, must be able to muster enough energy to regain momentum and hit its target.  Uniswap’s key support levels are $5.7 and $5.2 UNI price can go as high as $7, with a push for $8 […]

Huobi Token Pumps 77% In Seven Days, What’s Behind The Rally?

Huobi Token Pumps 77% In Seven Days, What’s Behind The Rally?

HT’s price shows strength as price cracks 77% gain despite the market displaying uncertainty.  HT bounces from the downtrend as the price breaks out of a descending triangle with strong buy volume.  The price of HT shows bullish signs as the price trades above 50 and 200 Exponential Moving Averages (EMA) with good volume.  The […]

Brian Armstrong Will Sell 2% Of His Coinbase Holdings To Fund Scientific Research

Brian Armstrong Will Sell 2% Of His Coinbase Holdings To Fund Scientific Research

It’s time for Brian Armstrong to make his move. While other billionaire CEOs try to buy bankrupt crypto companies on the cheap, the Coinbase leader is focusing his sights on hard science. To announce his new endeavors Brian Armstrong visited Tim Ferriss’ podcast. In that interview, he expanded on the deep topics that the companies […]

Uniswap Sellers Stop But RSI Develops Bearish UNI Price Divergence

Uniswap Sellers Stop But RSI Develops Bearish UNI Price Divergence

Cryptocurrencies have been suffering higher volatility since the bear took control. For example, the fledgling crypto coin Bitcoin price plummeted to a low of $18,363 on Oct 13 and then reversed to $19,354 today. Unlike the other top coins creeping, Uniswap’s native token, UNI, marks higher gains. Although its price touched $5.50 when BTC plummeted […]