Archives par catégorie: Business

Avalanche Plays A Game Of Bounce Or Die, Can Bulls Win This Fight?

Avalanche Plays A Game Of Bounce Or Die, Can Bulls Win This Fight?

Avalanche (AVAX) price continues to hold key support against tether (USDT) as price finds itself amid death or survival. The crypto market has become promising as most altcoins appear bullish coming out of their shells, but the likes of Avalanche (AVAX) price continue in their struggle to survive. (Data from Binance) Avalanche (AVAX) Price Analysis […]

Bitcoin Diamond Hands: Long-Term Holder Supply Surges Up To Near ATH

Bitcoin Diamond Hands: Long-Term Holder Supply Surges Up To Near ATH

Data shows the Bitcoin long-term holder supply has surged up recently to near all-time high values as these “diamond hands” add to their holdings. Bitcoin Long-Term Holder Supply Jumps Up By 250k BTC After The Recent Low According to the latest weekly report from Glassnode, the current total balances of the long-term holders is only […]

Crypto Market Setting Up For “Squeeze Of Historic Proportions”, Will BTC Price Get In The Way?

Crypto Market Setting Up For “Squeeze Of Historic Proportions”, Will BTC Price Get In The Way?

Bitcoin is showing weakness as BTC price trades in a tight range, the number one crypto by market cap saw a small uptick in volatility during today’s trading session. However, the price action was smothered by poor performance in traditional equities. At the time of writing, BTC price trades at $19,00 with a 4% loss […]

What Is PancakeSwap | A Deep Dive Into BNB’s Leading Decentralized Exchange

What Is PancakeSwap | A Deep Dive Into BNB’s Leading Decentralized Exchange

Executive Summary: PancakeSwap is an AMM-based decentralized exchange on the BNB chain, launched by anonymous developers.PancakeSwap is the third largest decentralized exchange according to trading volume.PancakeSwap incorporates many features that allow users to win and earn cryptocurrency.PancakeSwap is a hard fork of its main competitor, Uniswap. Introduction Centralized crypto exchanges have played a big part […]

CAKE Sets Sights For $5 After More Than 7 Million Tokens Are Sent To A Fiery Death

CAKE Sets Sights For $5 After More Than 7 Million Tokens Are Sent To A Fiery Death

The Pancakeswap token (CAKE) has been one of those cryptocurrencies that have been steadily growing in the background. The popularity of the decentralized exchange (DEX) contributed tremendously to its rise until it took a hit in the bear market like other digital assets. However, a new development has opened up new promises as millions of […]

Carly Group Founder Predicts The Future Of Crypto Industry

Carly Group Founder Predicts The Future Of Crypto Industry

Despite the recent setbacks in the crypto industry, many are still hopeful for a better future outcome. In light of this, David Rubenstein has declared his profound support for the crypto industry. David Rubenstein is the co-founder of The Carlyle Group, a global equity investment company. Although many industries have been affected by the decline, […]

Bitcoin Struggles To Claim $20,000 Mark Amid Bear Market

Bitcoin Struggles To Claim $20,000 Mark Amid Bear Market

Bitcoin shows no reversal, and many altcoins are still in the red zone. The market condition can be traced to several factors, such as the Federal Reserve’s hike in interest rates. A few weeks back, the crypto markets dropped even further after the announcement of the interest rate hike. Several altcoins, including Bitcoin and Ethereum, […]

WATCH: Ethereum Gains Momentum Ahead Of The Merge | ETHUSD September 6, 2022

WATCH: Ethereum Gains Momentum Ahead Of The Merge | ETHUSD September 6, 2022

In this episode of NewsBTC’s daily technical analysis videos, we are going to look at Ethereum ahead of the Merge across a variety of timeframes using both the USD trading pair and versus Bitcoin. Take a look at the video below: VIDEO: Bitcoin Price Analysis (ETHUSD & ETHBTC): September 6, 2022 Not much has changed in […]

Why Bitcoin Casinos Are Proving To Be A Better Alternative

Why Bitcoin Casinos Are Proving To Be A Better Alternative

Bitcoin casinos are becoming increasingly popular due to their plethora of advantages. With the more mainstream adoption of cryptocurrency, these casinos have been able to plug a significant gap in the gambling industry. For many, the fact that they have to input their personal banking information into online casinos to be able to place wagers […]

Real-time reconciliation with Overseer

Real-time reconciliation with Overseer

Tl;dr: A common challenge with distributed systems is how to ensure that state remains synchronized across systems. At Coinbase, this is an important problem for us as many transactions flow through our microservices every day and we need to ensure that these systems agree on a given transaction. In this blog post, we’ll deep-dive into […]

Ethereum Carries Bitcoin Price Up, Will “The Merge” Live to Expectations?

Ethereum Carries Bitcoin Price Up, Will “The Merge” Live to Expectations?

The Bitcoin price has been stuck below $20,000 as Ethereum and other altcoins take over the price action and push the sector upwards. Ethereum just deployed the “Bellatrix” upgrade, the final step before “The Merge”, and the price of Ethereum is blazing through local resistance. At the time of writing, Bitcoin price trades at $19,900 […]

Ethereum Classic (ETC) Produces A Godlike Candle, How Far Can It Go?

Ethereum Classic (ETC) Produces A Godlike Candle, How Far Can It Go?

Ethereum Classic (ETC) produced a godlike candle as the market’s sentiments changed to bullish against tether (USDT). The crypto market has become promising as most altcoins appear bullish, coming out of their shells with the like of Ethereum Classic producing double gains ahead of the “Ethereum Merge” sentiment pulling altcoins higher. (Data from Binance) Ethereum […]

MANA Seen Rising 11% As Buyers Make A Recovery Attempt

MANA Seen Rising 11% As Buyers Make A Recovery Attempt

MANA price continues to hover above the $0.8 mark, hinting at a rally targeting $0.86 or peaking by 6.8%. MANA price on a 4-hour chart shows the formation of a rounding bottom pattern August registers a massive sell-off for the MANA/USDT pair MANA buying activity triggers a correction August registered the most sell-off for MANA, […]

TA: Ethereum Smashes Heavy Resistance: Next Bullish Levels Traders Should Watch

TA: Ethereum Smashes Heavy Resistance: Next Bullish Levels Traders Should Watch

Ethereum gained bullish momentum for a move above $1,625 against the US Dollar. ETH is now showing positive signs and might soon test the $1,700 zone. Ethereum is up close to 5% and there was a clear move above the $1,625 resistance. The price is now trading above $1,600 and the 100 hourly simple moving […]

TA: Bitcoin Price Holds Strong, Why ETH Could Push BTC Higher

TA: Bitcoin Price Holds Strong, Why ETH Could Push BTC Higher

Bitcoin is consolidating above the $19,500 support against the US Dollar. BTC could start a major increase considering the recent rise in ether. Bitcoin is still trading in range near the $20,000 zone and below the $20,500 resistance. The price is now trading below the $20,000 level and the 100 hourly simple moving average. There […]

$500 Million In Bitcoin Shorts Pile In As BTC Price Sits Below $20,000, Will They Get Squeeze?

$500 Million In Bitcoin Shorts Pile In As BTC Price Sits Below $20,000, Will They Get Squeeze?

Bitcoin has experienced a trading session with low volatility as the cryptocurrency moves in a tight range. The cryptocurrency is flirting with a critical support zone at around $19,500 which has been able to hold despite last week’s spike in selling pressure. At the time of writing, the price of Bitcoin (BTC) trades at $19,700 […]

Meitu Loses More Than $43M In Crypto Investments Amid Bear Market

Meitu Loses More Than $43M In Crypto Investments Amid Bear Market

During the crypto bull run last year, Bitcoin hit the $50,000 mark for the first time and exceeded many expectations. As a result, several investors purchased bitcoin at that time. The Hong Kong Tech giant Meitu was one of the companies that acquired bitcoin as a treasury reserve. As the market hit a decline, the […]

Old Bitcoin Supply Moves Into Derivatives, Whales Setting Up Long Positions?

Old Bitcoin Supply Moves Into Derivatives, Whales Setting Up Long Positions?

On-chain data shows Bitcoin supply older than two years has moved into derivative exchanges recently, suggesting whales may be positioning themselves on the futures market. Derivative Exchange Inflow Of Bitcoin Supply Older Than 2 Years Has Spiked Up As pointed out by an analyst in a CryptoQuant post, the recent short-dominant open interest has gone […]

Bitcoin Mining Difficulty Witnesses Biggest Increase Since January

Bitcoin Mining Difficulty Witnesses Biggest Increase Since January

For the world’s leading cryptocurrency, Bitcoin, 2022 has been filled with many crests and troughs. Bitcoin has passed through different dilemmas that created a twist for performance and sentiment in the industry. The chronic crypto winter of the year halved the value of most crypto assets, of which BTC got a severe blow. Though the […]