Archives par catégorie: Business

Bitcoin Ownership Trends: Short-Term Spike As ETFs Gain Popularity – Report

Bitcoin Ownership Trends: Short-Term Spike As ETFs Gain Popularity – Report

The winds of change are blowing in the Bitcoin market, bringing a fresh wave of short-term traders while veteran holders remain steadfast in their convictions. A recent report by Bitfinex Alpha reveals a fascinating dichotomy in investor behavior, with new players chasing quick profits and seasoned hodlers (hold on for dear life) accumulating for the […]

Bitcoin Price’s Path To $300,000 Cleared By Massive Bullish Pattern, Says Analyst

Bitcoin Price’s Path To $300,000 Cleared By Massive Bullish Pattern, Says Analyst

According to an analysis shared by renowned crypto analyst Gert van Lagen, the Bitcoin price chart has illustrated a significant technical pattern in the 3-day chart (BTC/USD) that could potentially signal an upsurge to as high as $300,000. Known as the “Cup with Handle,” this pattern is celebrated among traders for its predictive reliability and […]

Ethereum Longs Crushed! Who Got Burned In The $62 Million Fire Sale?

Ethereum Longs Crushed! Who Got Burned In The $62 Million Fire Sale?

Ethereum (ETH) bulls got a taste of fire on June 11th as the altcoin’s derivatives market witnessed a dramatic surge in long liquidations. According to data from Coinglass, this event marked the highest level of long liquidations since May 23rd, signifying a significant correction for traders who bet on rising prices. Crimson Chart: Long Positions […]

Uniswap Price on the Rise: UNI Eyes Set on Further Gains

Uniswap Price on the Rise: UNI Eyes Set on Further Gains

UNI price started a fresh increase above the $9.50 resistance. Uniswap is showing positive signs and might eye more upsides above the $10.00 resistance. UNI started a fresh increase above the $9.50 resistance zone. The price is trading above $9.60 and the 100-hourly simple moving average. There is a key bearish trend line forming with […]

Ethereum Price Slippery Slope: More Downside Risks in Sight

Ethereum Price Slippery Slope: More Downside Risks in Sight

Ethereum price failed to clear the $3,650 resistance. ETH declined again after the Fed decision and now shows bearish signs below the $3,550 level. Ethereum started a fresh decline below the $3,580 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with […]

XRP Price on Edge: Potential Slide Resumption Looms

XRP Price on Edge: Potential Slide Resumption Looms

XRP price failed to recover above the $0.50 resistance zone. The price is again moving lower and there is risk of more downsides below $0.4840. XRP is still showing bearish signs and struggled near $0.50. The price is now trading below $0.4920 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming […]

Bitcoin Price Rejects $70K: Post-Fed Recovery Fails to Materialize

Bitcoin Price Rejects $70K: Post-Fed Recovery Fails to Materialize

Bitcoin price started a strong increase above $68,500. BTC even tested $70,000, but post-fed there was a major bearish reaction. Bitcoin started another decline from the $70,000 resistance zone. The price is trading below $68,550 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $67,500 on […]

Major Listing Propels This Solana AI-Based Token To New Peaks Beyond $5: Is it Time To Buy?

Major Listing Propels This Solana AI-Based Token To New Peaks Beyond $5: Is it Time To Buy?

Solana-based altcoins and artificial intelligence (AI)-based coins have seen a surge in investment and price appreciation in recent months. Among the notable winners is io.net’s native token IO, which surged above the $5 mark and saw a substantial 50% increase within hours of a major listing announcement.  What Drives Investor Interest In io.net?  The world’s […]

Crypto Analyst Predicts Cardano Price Will Rally 370% To $2, Here’s The Timeline

Crypto Analyst Predicts Cardano Price Will Rally 370% To $2, Here’s The Timeline

Cardano is one of the cryptocurrencies that continues to see bullish expectations from crypto analysts. One crypto analyst, in particular, who gets by @Av_Sebastian on X (formerly Twitter), believes that the Cardano price can rise as high as $2, crediting the upcoming Chang upgrade as the reason for this. Cardano Will Reach $2 Soon In […]

Is The Crypto Surge Over? Bitcoin Stalls At $72,000 As Investor Enthusiasm Wanes

Is The Crypto Surge Over? Bitcoin Stalls At $72,000 As Investor Enthusiasm Wanes

Recent reports from CryptoQuant analysts on the QuickTake platform highlight a notable decline in market sentiment across Bitcoin and altcoin investors. According to Crypto Dan, a leading analyst at CryptoQuant, “After Bitcoin’s recent failure to breach the $72,000 mark, there is a noticeable cooling off of investor enthusiasm.” Bitcoin Slump In Activity Signals Market Adjustment […]

Why Is Bitcoin Stagnant Despite ETF Inflows? Report Answers

Why Is Bitcoin Stagnant Despite ETF Inflows? Report Answers

Glassnode has discussed in a new report the reasons behind Bitcoin moving sideways despite inflows into the spot exchange-traded funds (ETFs). Why Bitcoin Has Been Stagnant Despite Spot ETF Inflows In its latest weekly report, the analytics firm Glassnode has talked about how the impressive inflows into the US spot ETFs have failed to make […]

Famous Analyst Dave The Wave Says Bitcoin Still Has Wiggle Room, Sets $300,000 Target

Famous Analyst Dave The Wave Says Bitcoin Still Has Wiggle Room, Sets $300,000 Target

Prominent crypto analyst Dave the Wave has provided a bullish narrative for Bitcoin despite the flagship crypto’s recent setback. As part of his analysis, he suggested how high Bitcoin could rise in the short and long term.  Bitcoin To Rise To As High As $300,000 Dave the Wave suggested in an X (formerly Twitter) post […]

Optimism Activates Fault-Proofs On Mainnet, OP Is Down 55% In 3 Months

Optimism Activates Fault-Proofs On Mainnet, OP Is Down 55% In 3 Months

In a major milestone for Ethereum and layer-2s, Optimism, a layer-2 scaling platform for the second most valuable network, has announced the activation of open source and permissionless fault proofs. Even though the platform manages over $7 billion of assets, according to L2Beat, Optimism, like most optimistic rollups, lacked a way of trustlessly verifying transactions. […]

Historical Trends Suggest Shiba Inu Price Will Rally 1,000% To $0.00024, Analyst Reveals When

Historical Trends Suggest Shiba Inu Price Will Rally 1,000% To $0.00024, Analyst Reveals When

Crypto analyst Eljaboom has provided insights into how Shiba Inu (SHIB) could rise in this bull run. The analyst alluded to history to show that the second-largest meme coin by market cap can still reach unprecedented heights.   Shiba Inu To Reach $0.00024 In This Bull Run Eljaboom suggested in an X (formerly Twitter) post that […]

FET, OCEAN, And AGIX Drop 8% After ASI Token Merger Delay

FET, OCEAN, And AGIX Drop 8% After ASI Token Merger Delay

The Artificial Superintelligence Alliance (ASI) announced its token merger would be postponed to next month after presenting logistical and technical issues. The alliance was set to merge Fetch.AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) into the ASI token on Thursday. As a result, the three AI tokens faced a 4% drop in the last […]

Bullish News: Top Analyst Forecasts Altcoin Bottom Today, Market Poised For Upswing – Here’s Why

Bullish News: Top Analyst Forecasts Altcoin Bottom Today, Market Poised For Upswing – Here’s Why

In a recent social media post, renowned crypto analyst Michael Van de Poppe shared his predictions regarding the potential bottoming out of the altcoin market.  Van de Poppe emphasized the significance of key economic data and the upcoming interest rate decisions from the Federal Open Market Committee (FOMC), highlighting their potential impact on the crypto […]

Bitcoin Price Prediction: Major Analysts Say BTC Is Headed For 6-Digit ATH

Bitcoin Price Prediction: Major Analysts Say BTC Is Headed For 6-Digit ATH

Major crypto analysts have weighed in on the Bitcoin future trajectory, especially as the flagship crypto has maintained a tepid price action and has continued to consolidate since the halving took place. These analysts predict that Bitcoin will soon rise and climb to a six-digit all-time high (ATH).  Bitcoin To Rise To $100,000 Crypto analyst […]

Bulls Takes Charge: XRP Price Undergoes Brief Recovery

Bulls Takes Charge: XRP Price Undergoes Brief Recovery

XRP has recently experienced a temporary recovery amidst ongoing market volatility. After a period of sustained downward pressure, XRP’s price has rebounded, offering a brief respite for traders and investors. This recovery comes amid a broader context of fluctuating market conditions, driven by various factors including regulatory developments, market sentiment, and overall cryptocurrency market trends. […]

Ex-Ripple Director Explains XRP Price Slide Amid Good News

Ex-Ripple Director Explains XRP Price Slide Amid Good News

Via X, Sean McBride, a former director at Ripple, offered an analysis of the perplexing downtrend of the XRP price despite a series of ostensibly positive developments surrounding Ripple and the XRP Ledger (XRPL). McBride’s insights come at a time when XRP’s underperformance in a bullish market continues to baffle investors and industry observers alike. […]