Archives par catégorie: Business

TA: Ethereum Price Needs To Clear $1,400 For Hopes of a Fresh Rally

TA: Ethereum Price Needs To Clear $1,400 For Hopes of a Fresh Rally

Ethereum is struggling below the $1,350 zone against the US Dollar. ETH could start a major increase if it clears the $1,350 and $1,400 resistance levels. Ethereum is stable above the $1,260 and $1,250 support levels. The price is now trading below $1,350 and the 100 hourly simple moving average. There is a major bearish […]

TA: Bitcoin Price Holds Ground, Why Close above $20K Is The Key

TA: Bitcoin Price Holds Ground, Why Close above $20K Is The Key

Bitcoin is holding the key $18,500 support zone against the US Dollar. BTC must settle above the $20,000 resistance zone to move into a positive zone. Bitcoin is struggling to gain momentum above the $19,500 resistance zone. The price is trading below $19,000 and the 100 hourly simple moving average. There is a key bearish […]

Glassnode: Bitcoin Is Currently In “Bear To Bull” Transition Period

Glassnode: Bitcoin Is Currently In “Bear To Bull” Transition Period

Data from Glassnode suggests Bitcoin is currently in the historical bear market to bull market transition period. Bitcoin Correlation Between Price And Supply In Profit Has Recently Been Below 0.75 As per a recent report by Glassnode, the BTC correlation between the price and the supply in profit generally observes multiple drops below 0.75 during […]

California State Kills Main Crypto Bill, Why?

California State Kills Main Crypto Bill, Why?

One of the pressures in the crypto market is regulation. Many countries’ regulators are consistent in supporting the control and monitoring of crypto assets. These regulators always create laws to manage the industry and protect investors’ funds. California and New York are taking the lead in global crypto regulations. For instance, crypto companies in New […]

Shiba Inu Adds Nearly 36,000 Holders Since June Despite Crypto Market Turmoil

Shiba Inu Adds Nearly 36,000 Holders Since June Despite Crypto Market Turmoil

The price trend of Shiba Inu has been following the rest of the cryptocurrency market and remains negative. Notably, SHIB is still seeking to reclaim the high points it reached last year, when the value and popularity of the meme coin surged. As of this writing, SHIB is trading at $0.00001145, down 4.5% in the […]

Ethereum Price Broke Out Of Descending Channel, What’s Next?

Ethereum Price Broke Out Of Descending Channel, What’s Next?

Ethereum price has been trading within a descending trendline, which is a sign of bearishness. Over the last 24 hours, the Ethereum price has been different as the coin registered a 6% appreciation. As the coin appreciated, it broke outside of the descending channel. Over the last week, the Ethereum price lost more than 7% […]

Quant (QNT) Adds 10% In 24 Hours While Macro Uncertainty Pulls Others

Quant (QNT) Adds 10% In 24 Hours While Macro Uncertainty Pulls Others

Interoperability enabling network Quant has gained 10% in the last 24 hours amidst the general crypto bear market. The token is inexorably climbing up the price charts while other tokens struggle to keep their heads above water. The crypto is steadily gaining, testing new highs after its yearly low in June when its price dipped […]

Ripple Outperforming Almost The Whole Market, What’s Pumping XRP Price? 

Ripple Outperforming Almost The Whole Market, What’s Pumping XRP Price? 

The currency of the blockchain-powered online payment platform, XRP, has gained almost 60% in the past week. After briefly dipping to $0.34 five days ago, the token climbed back and traded around $0.52 this morning. Crypto influencer Ben Armstrong claims to know the reason behind this continuous climb amid the current general crypto bear market. […]

Can WAVES Flow Back From Its Low Ebb And Reclaim $4.6?

Can WAVES Flow Back From Its Low Ebb And Reclaim $4.6?

The month of September for WAVES didn’t look good as the coin registered a sharp downward pattern. The market is looking bearish as WAVES slipped below the key $4.6 level. Crypto market looking bearish for WAVES  WAVES key support retests the $4.3 zone OBV shows a weakening in selling volume Bitcoin, the king of crypto, […]

Sandbox Struggles In A Bear Market, How Low Can Price Go?

Sandbox Struggles In A Bear Market, How Low Can Price Go?

SAND trades below 50 and 200 EMA on the daily timeframe.  Price continues to range with little or no volume despite having strong fundamentals. A break above $1 could trigger a relief rally for SAND price. Sandbox (SAND) price has had a rough time recently as price ranges in a daily timeframe channel against tether […]

How Metamask Gambling Is Decentralizing The Online Casino Industry

How Metamask Gambling Is Decentralizing The Online Casino Industry

Metamask gambling has been growing in popularity over the last couple of years. With the rise of the Web3 space and online crypto gambling, Metamask managed to fill in a gap that brings both sectors closer to one another. Crypto casinos are taking more to integrate the Metamask wallets on their websites for gambling activities. […]

Dogecoin (DOGE) On Top Of Whales Menu – Here’s Why

Dogecoin (DOGE) On Top Of Whales Menu – Here’s Why

There has been a massive sell-off in the cryptocurrency market, and during this period, whales have been focusing on Dogecoin (DOGE) and the general negative attitude in the cryptocurrency industry. There was a 5.34 percent increase in the number of addresses owning between 100 million and 1 billion DOGE, as revealed by @bull bnb. For […]

Algorand Registers Significant Gains Amid Crypto Winter

Algorand Registers Significant Gains Amid Crypto Winter

The crypto market is presently going through another round of downward movement except for a few coins like Algorand. Prices of cryptocurrencies are drastically dropping as macroeconomic factors set the pace. With the bearish trend, the primary crypto asset has crashed from its crucial support levels. Following the meeting of the FOMC on Wednesday, September […]

U.S Federal Reserve Set To Hike Rates Above 400 BPs – How Will Crypto Market React?

U.S Federal Reserve Set To Hike Rates Above 400 BPs – How Will Crypto Market React?

The United States Federal Reserve is tightening, and interest rates hike has heavily impacted on the crypto market. Earlier this month, Bloomberg Analyst McGlone said Bitcoin would outperform traditional stocks as interest rates hike. However, to this point, Bitcoin does not seem to follow Bloomberg’s predicted trend. As a matter of fact, despite Bloomberg’s bullish […]