Archives par catégorie: Business

Ethereum Price Takes Hit and Turns At Risk of Fresh Lows

Ethereum Price Takes Hit and Turns At Risk of Fresh Lows

Ethereum price is gaining bearish momentum below $2,950. ETH might continue to move down toward the $2,550 support in the near term. Ethereum struggled to clear the $2,950 resistance and started a fresh decline. The price is trading below $2,920 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]

XRP Bears Keeps Pushing, Indicators Suggest A Strengthening Case of More Losses

XRP Bears Keeps Pushing, Indicators Suggest A Strengthening Case of More Losses

XRP price started a fresh decline from the $0.5050 resistance zone. The price could decline further if there is a close below the $0.4865 support. XRP extended losses and traded below the $0.500 support. The price is now trading below $0.4950 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

Bitcoin Price Signals Bearish Continuation, Why BTC Could Drop Below $60K

Bitcoin Price Signals Bearish Continuation, Why BTC Could Drop Below $60K

Bitcoin price started a fresh decline from the $62,000 resistance zone. BTC is declining and remains at a risk of more losses below the $60,000 level. Bitcoin started a fresh decline after it failed near $62,000. The price is trading below $61,000 and the 100 hourly Simple moving average. There was a break below a […]

XRP On A Sinking Ship? Why Altcoin’s Price Continues To Plunge

XRP On A Sinking Ship? Why Altcoin’s Price Continues To Plunge

The once-booming cryptocurrency Ripple (XRP) finds itself in a precarious position. The past month has been marked by a significant drop in XRP’s value, leaving investors and analysts in a state of flux. While some fear a continued decline, others see potential for a comeback, with technical indicators hinting at a possible reversal of fortune. […]

Solana Snowfall? Price Plunges Amidst Market Correction – Will It Get Worse?

Solana Snowfall? Price Plunges Amidst Market Correction – Will It Get Worse?

Solana, the high-speed blockchain once hailed as an Ethereum killer, finds itself in choppy waters. After reaching an all-time high of $203 in March 2024, the cryptocurrency has experienced a significant correction, currently trading at $145. Analysts warn of a potential freefall, citing both external market forces and internal ecosystem woes. Solana’s Descent: A Shooting […]

Is The Bitcoin Bottom In? Buy The Dip Sentiment Erodes Amid Drop Toward $60,000

Is The Bitcoin Bottom In? Buy The Dip Sentiment Erodes Amid Drop Toward $60,000

Bitcoin has been sliding down since it reached its all-time high in March. This has largely led to a buy-the-dip sentiment among crypto traders, with many believing the correction would end as soon as it ended and Bitcoin would surge again to new all-time highs.  According to crypto analytics platform Santiment, the thrill of scooping […]

Bitcoin On-Chain Activity Nearing Historic Lows – What This Means For BTC Price

Bitcoin On-Chain Activity Nearing Historic Lows – What This Means For BTC Price

The price of Bitcoin has continued to move within a consolidation range since hitting a new all-time high in mid-March. This sluggish price action has been a source of worry to most investors, especially when the premier cryptocurrency recently lost its support at the $60,000 level. Interestingly, price is not the only Bitcoin metric that […]

Ethereum Whale Offloads Holdings Amidst Market Downturn

Ethereum Whale Offloads Holdings Amidst Market Downturn

Ethereum (ETH) tumbled 6.45% in the past week, marking a rough stretch for the world’s second-largest cryptocurrency. Generally, Ether has left investors much to desire in recent times with a price decline of 16.57% over the last few months. Amidst this bearish market, a crypto whale has sold off all his Ethereum tokens drawing much […]

US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000

US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000

JP Morgan and Wells Fargo, two of the largest banks in the United States, have announced their investments into Spot Bitcoin ETFs, unveiling their exposure to BTC, the world’s largest cryptocurrency. This significant development comes amidst the persistent downturn in the crypto market, resulting in BTC’s price dipping slightly above $60,000.  US Financial Banks Expose […]

Cardano Ready For 15x Move, Crypto Analyst Reveals The Major Drivers

Cardano Ready For 15x Move, Crypto Analyst Reveals The Major Drivers

Cardano (ADA) looks primed to make that move to the upside, with crypto analyst Javon Marks revealing what could make the crypto token see a 15x increase in its price. Marks’ analysis comes amidst recent price predictions, which paint a bullish outlook for Cardano.  How Cardano Could See A 15x Increase In Its Price Marks […]

‘Jeo Boden’ Meme Coin Soars 20% After Trump Diss – Details

‘Jeo Boden’ Meme Coin Soars 20% After Trump Diss – Details

The memecoin “Jeo Boden” has taken the crypto world by storm, riding on the back of a lukewarm comment from former US President Donald Trump. The whimsical cryptocurrency, a playful misspelling of President Joe Biden’s name, experienced a huge increase after Trump mentioned it at an NFT event in Florida. What was once a subject […]

Ex-Twitter CEO Jack Dorsey Says Bitcoin Will Reach $1 Million, Here’s When

Ex-Twitter CEO Jack Dorsey Says Bitcoin Will Reach $1 Million, Here’s When

Jack Dorsey, the former CEO of X (formerly Twitter) has predicted when Bitcoin will reach $1 million. The tech entrepreneur is a familiar figure in the crypto space and is known to be heavily invested in the flagship crypto.  When Bitcoin Will Hit $1 Million In an interview with Pirate Wires, Dorsey mentioned that BTC […]

Unlocking The Dogecoin Code: One Factor Holds The Key To Its Next Ascent

Unlocking The Dogecoin Code: One Factor Holds The Key To Its Next Ascent

Dogecoin, the meme-inspired cryptocurrency that took the internet by storm in 2021, has seen a recent uptick in price. However, experts are cautioning investors against mistaking this blip for the start of a moon mission. DOGE Price Volatility Takes A Vacation One factor tempering enthusiasm is Dogecoin’s current lack of volatility. While price swings are […]

Avalanche (AVAX) Price Dips As Market Turbulence Persists

Avalanche (AVAX) Price Dips As Market Turbulence Persists

AVAX is the native utility token of the Avalanche blockchain. The token is currently ranked 12th by market cap, with a total supply of 440,043,419 AVAX and a total trading volume of over $396,250,098 in the last 24 hours. Since its recent pullback at $36.15, AVAX has continued to move downward. Currently, the general cryptocurrency […]

The Best Meme Coin Presales of May 2024

The Best Meme Coin Presales of May 2024

As the market begins to recover from its downturn, popular altcoins are slowly regaining their recent losses. With the broader crypto community gearing up for the anticipated bull run, investors are seeking tokens that could surpass current leaders and deliver significant returns. Many industry analysts and influencers are pointing to these five tokens as the […]

Why Bitcoin’s Post-Halving Rally Is Certain, Analyst Explains

Why Bitcoin’s Post-Halving Rally Is Certain, Analyst Explains

Bitcoin experienced a price decline of 3.06% on Friday, falling as low as $60,372.36 based on data from CoinMarketCap. With the crypto market leader now in a consolidation phase, a trading analyst with X username Titan of Crypto has expressed resilient faith in Bitcoin’s ability to produce a post-halving price rally. Bitcoin Rise Inevitable, Analyst […]

Blast From The Past? Analyst Identifies Pivotal Summer For VeChain With This Bullish Fractal

Blast From The Past? Analyst Identifies Pivotal Summer For VeChain With This Bullish Fractal

Over the past few weeks, the price of VeChain (VET) has struggled to live up to the promise and vigor it showed at the start of the year. This has been the story with a significant portion of the cryptocurrency market, with several large-cap altcoins down by double-digits in the past month. However, the VeChain […]

The Akash Network Phenomenon: Breaking Down Its 2400% Uptrend And Market Outperformance

The Akash Network Phenomenon: Breaking Down Its 2400% Uptrend And Market Outperformance

Decentralized and open-source computing platform Akash Network has captured significant attention in the cryptocurrency market as its native token, AKT, has outperformed the top 100 cryptocurrencies with a 2400% price increase year-to-date.  While Bitcoin (BTC) and other major cryptocurrencies experience price corrections, the Akash Network and its native token are surging at a remarkable pace. […]

Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why

Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why

Bitcoin might have posted the deepest correction since the FTX crash in November 2022, dipping over 20% from its all-time high of around $74,000. However, Glassnode analysts, while sharing their preview on X, remain cautiously optimistic.  Bitcoin Drops 20% From March High, But Glassnode Is Bullish Glassnode notes that the Bitcoin “macro uptrend still appears to be […]

EigenLayer Launches Airdrop Season, Allowing Users To Claim 113M EIGEN Tokens

EigenLayer Launches Airdrop Season, Allowing Users To Claim 113M EIGEN Tokens

Restaking protocol EigenLayer has unveiled its highly anticipated airdrop season, during which eligible users can claim a portion of the initial EIGEN token supply.  EigenLayer Sets September 2024 Deadline The protocol’s announcement on Friday revealed that “Season 1” commences with 6.05% of the total supply, which users can claim starting on May 10.  Moreover, “Season […]