Archives par catégorie: Business

Ethereum completed one of its historic upgrades in mid-September. The Merge created the transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Unfortunately, the post-Merge events brought deflationary situations for the blockchain. As predicted by some crypto experts, the price of Ethereum has dropped drastically following its transition to PoS. Also, the dynamics of ETH supply have […]

The beginning of 2022 has been rocky for the world’s largest cryptocurrency, Bitcoin. Many experts believe the digital token will eventually hit the $100K price. For them, this is not a case of if but when. Deutsche Bank also reported that some Bitcoin investors see BTC reaching a price of $110,000 in five years. Meanwhile, […]

Hovering at a range between $18,800 and $19,500, the Bitcoin price is chopping out short and long positions. The current dynamics in the market have been determined by macro forces leading BTC to extreme as it approaches a major economic event. The Consumer Price Index (CPI) for September is poised to operate as one of […]

Since its launch in 2017, the OKX (formerly OKEx) cryptocurrency exchange and derivatives exchange has been consistently listed among the top crypto exchanges by trading volume and liquidity. OKX allows users to easily buy, sell, or trade cryptocurrencies and provides a wide selection of trading pairs, its own cloud mining service, spot, derivative trading, etc. […]

Ripple struggled to clear the $0.550 resistance against the US Dollar. XRP price is now moving lower and might drop further similar to bitcoin. Ripple faced a strong selling interest near the $0.55 zone against the US dollar. The price is now trading below $0.500 and the 100 simple moving average (4-hours). There was a […]

Bitcoin (BTC) hasn’t been in its best state lately, falling from a high of over $69,000 to the current price of around $19,174. While the coin has lost over 71% of its value since November 2021, some key experts believe it’ll lose more before finding stability again. According to Florian Grummes, the managing director of […]

Ethereum failed to clear the $1,300 resistance zone against the US Dollar. ETH is declining and there is a risk of a drop below the $1,265 support. Ethereum is still showing bearish signs below the $1,350 and $1,320 support levels. The price is now trading below $1,300 and the 100 hourly simple moving average. There […]

Bitcoin price is consolidating near the $19,000 level against the US Dollar. BTC seems to be forming a short-term bullish pattern and might rise towards $20,000. Bitcoin is struggling to gain pace for a move above the $19,200 level. The price is trading below above $19,400 and the 100 hourly simple moving average. There is […]

XRM price breaks down into a ranging channel as price failed to break above resistance, holding price from trending higher.  XRM trades below 50 and 200-day Exponential Moving Average as the price struggles to regain bullish signs as the price continues ranging in a descending triangle.  The price of XRM needs to break out of […]

The crypto market has been showing signs of decline recently as prices of Bitcoin and other crypto assets keep dropping. With the hikes in interest rates from most of the global central banks, the global economy is getting tighter. The impact on both the crypto and traditional markets is significantly devastating. Following the events, the […]

The two largest cryptocurrencies by market cap, Bitcoin and Ethereum, have seen a significant rise in their open interest in the last couple of weeks. This comes even when the market is seeing struggling prices and investors have begun to take more conservative positions in the market. The drastic increase in the open interest across […]

In this episode of NewsBTC’s daily technical analysis videos, we are looking at the total cryptocurrency market cap with Bitcoin being so boring. We also compare past crypto winters to see when the deep freeze might end. Take a look at the video below: VIDEO: Total Crypto Market Cap Analysis (TOTAL): October 12, 2022 There isn’t […]

DOGE price breaks down into a ranging channel as price failed to break above resistance, holding price from trending higher.  DOGE trades below 50 and 200-day Exponential Moving Average as the price struggles to regain bullish signs as the price continues ranging in a channel.  The price of DOGE needs to break out of the […]

Data shows the Bitcoin trading volume has declined by 38% since the highs in September as a result of the boring price action in the crypto. Bitcoin Spot Trading Volume Has Plunged Down In Recent Days As per the latest weekly report from Arcane Research, the current 7-day average BTC spot volumes are down to […]

The crypto market woes from September look to have spilled onto October and going against the historical trend of October being a rather bullish month. September had seen the crypto market close with muted performances, but there has not been much change for the new month. Almost two weeks into the month, and it is […]

LTC price breaks down into a descending triangle as price failed to break above resistance, holding price from trending higher.  LTC trades below 8 and 20-day Exponential Moving Average as the price struggles to regain bullish signs as the price continues ranging in a descending triangle.  LTC prices continue to range as prices aim for […]

The Ethereum price has been trending to the downside after its successful implementation of “The Merge” and its transition to a Proof-of-Stake (PoS) consensus. Launched back in September on mainnet, ETH’s price has been losing bullish momentum since then. At the time of writing, the Ethereum price trades at $1,298 with sideways movement during today’s […]

The long-standing legal battle between Ripple and the SEC in the US has not stopped the firm from advancing into other markets. For example, ripple announced its first On-Demand Liquidity partners (ODL) in France and Sweden via press release. Ripple continues its expansion into the European markets to provide online payment services leveraging its XRP […]

Since its release on May 22 this year, ApeCoin has experienced lots of challenges. To date, its prices have steadily decreased. The difficulties started in the middle of the May–June crypto market meltdown.  Although ApeCoin was designed to aid the APE project on its Web3 journey, the token’s price has recently broken to a bearish […]

XRP price slows down after several days as price remains bullish despite showing weakness. XRP trades above 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs with the emergence of bearish divergence.  The price of XRP continues to hold strong and could retest $0.42 support.  The price of Ripple (XRP) continues […]