Archives par catégorie: Business

Bitcoin Boredom Causes Trading Volume To Dive 38% From September Highs

Bitcoin Boredom Causes Trading Volume To Dive 38% From September Highs

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 […]

Crypto Market Shows No Signs Of Positive Movement, Is ‘Uptober’ A Myth?

Crypto Market Shows No Signs Of Positive Movement, Is ‘Uptober’ A Myth?

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 […]

Litecoin Traders Face Dilemma Ahead Of Breakout, Will Price Rally To $60?

Litecoin Traders Face Dilemma Ahead Of Breakout, Will Price Rally To $60?

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 […]

Why These Experts Believe The Ethereum Price Could Soar to $5,000

Why These Experts Believe The Ethereum Price Could Soar to $5,000

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 […]

This Expert Suggests How Ripple Price Will Trend Amid Expansion In Europe

This Expert Suggests How Ripple Price Will Trend Amid Expansion In Europe

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 […]

Why ApeCoin Traders Should Expect The Next Coming Days To Be Tough For APE

Why ApeCoin Traders Should Expect The Next Coming Days To Be Tough For APE

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 […]

Ripple (XRP) Struggles As Bearish Divergence Emerges, Eyes $0.42 Support

Ripple (XRP) Struggles As Bearish Divergence Emerges, Eyes $0.42 Support

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 […]

Stellar Soars 6% In Last 30 Days – Can XLM Keep On Shining This Week?

Stellar Soars 6% In Last 30 Days – Can XLM Keep On Shining This Week?

Since the beginning of this month, Stellar (XLM) has increased by 6%, continuing its remarkable monthly performance. Coingecko reports a 4-day performance for XLM of 5.3%, while charts show an impressive 31.50% rise over the previous 30 days. This price change is even more unexpected when considered in light of this. Santiment recently took to […]

Bitcoin Holders Bracing For A Crypto Winter Bottom Should Check These Data

Bitcoin Holders Bracing For A Crypto Winter Bottom Should Check These Data

Bitcoin bulls continue to feel the pinch as the currency has dropped 8.17 percent in value over the past seven days. BTC investors are looking forward to a market bottom, and Glassnode claims that the market has bottomed out. Nonetheless, whales and major institutions are currently in the accumulation phase, so it doesn’t matter if […]

Huobi Token Spikes Nearly 30% In Last 24 Hours As HT Seen Rising On Revival Plans

Huobi Token Spikes Nearly 30% In Last 24 Hours As HT Seen Rising On Revival Plans

Huobi has had its ups and downs, just like every other entity in the crypto space. Not surprising. Before the Chinese 2021 ban on cryptocurrency transactions, the COO of the company, Robin Zhu, came under investigation in China for unspecified reasons. The exchange announced it had lost 920 BTC and 8,100 LTC in a Weibo […]

Ethereum Price Consolidates Below $1,300: What Could Trigger A Sharp Decline?

Ethereum Price Consolidates Below $1,300: What Could Trigger A Sharp Decline?

Ethereum tested the key $1,265 support zone against the US Dollar. ETH might correct higher, but upsides could face hurdles near $1,300 and $1,310. Ethereum remains in a bearish zone 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 was a break […]

Bitcoin Price Recovery Won’t Be Easy, Why Bears Target Additional Weakness

Bitcoin Price Recovery Won’t Be Easy, Why Bears Target Additional Weakness

Bitcoin price is struggling below the $19,200 support against the US Dollar. BTC remains at a risk of more losses below the $18,500 support in the near term. Bitcoin is showing bearish signs below the $19,200 and $19,500 levels. The price is trading below above $19,500 and the 100 hourly simple moving average. There is […]

Bitcoin Plays Ping Pong As Price Continues In A Range, Where Is Price Headed?

Bitcoin Plays Ping Pong As Price Continues In A Range, Where Is Price Headed?

BTC prices continue to trend downwards as prices remain bearish, with price trading on critical support.  BTC trades below 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs.  The price of BTC needs to break and hold above the key resistance of $20,500 to initiate recovery signs for the price.  The […]

XRP Holds Gains When Almost The Whole Market Turns Into Red

XRP Holds Gains When Almost The Whole Market Turns Into Red

The broader crypto market remains in a bad state regardless of the few positive movements of some tokens. Even popular tokens like Bitcoin and Ethereum do not give investors any hope. This is evident from their current prices of $19,005 and $1,282, respectively, according to data from CoinMarketCap. Multiple factors are backing up the present […]

Bitcoin Mining Difficulty Adjustment May Force Miners To Dump Their BTC

Bitcoin Mining Difficulty Adjustment May Force Miners To Dump Their BTC

Last week, the bitcoin hashrate touched a new all-time high after tremendous growth. While this was a welcome development, it had significant implications for the next mining difficulty adjustment which took place on Monday. As expected, the difficulty adjustment had jumped by double-digits, beating even the highest of forecasts. Difficulty Adjusts By 13.5% Over the […]

Ethereum Gains So Much Demand To Buy At $500, Will This Be Possible?

Ethereum Gains So Much Demand To Buy At $500, Will This Be Possible?

ETH prices continue to trend downwards as prices remain bearish, with price trading on critical support.  ETH trades below 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs as many traders and investors wish for $500.  The price of ETH needs to break and hold above the key resistance of $1,400 […]

The End of Bitcoin Woes? BTCUSD Analysis October 11, 2022

The End of Bitcoin Woes? BTCUSD Analysis October 11, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine a possible bottoming scenario in Bitcoin price based on a potential expanded flat correction and an ending diagonal. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 11, 2022 Bears and bulls are battling it out once again, each side trying […]