Archives par catégorie: Business

Is The Bitcoin Surge Due To An External Reason? What The Data Suggests

Is The Bitcoin Surge Due To An External Reason? What The Data Suggests

The world’s first and largest cryptocurrency is making gallant steps towards the greens in a recent outturn of events. Bitcoin is experiencing a sharp rise in price within its market. Recent trading activities got BTC’s price to hit the $24,000 mark. This creates a positive record for the top cryptocurrency across the industry. Though Bitcoin […]

AVAX Holds Steady And Sets Sights On $50 Barrier Breach

AVAX Holds Steady And Sets Sights On $50 Barrier Breach

Avalanche (AVAX) price may be a point of interest for many analysts especially since the gaming token is exhibiting formidable strength amid a bear market. AVAX price reveals a consistent ramping activity combined with a rise in price. Avalanche RSI reveals a breach on the overbought zone. High probability of breach can occur at the […]

Component NFTs Are The Next Big Thing, And Cradles Will Lead The Way

Component NFTs Are The Next Big Thing, And Cradles Will Lead The Way

Non-fungible tokens or NFTs have never been more popular, thanks largely to the interest and exposure of the last couple of years, particularly in the art and collectible scene. It has also enjoyed great success in the same period within the blockchain gaming sector. While the technology itself has been around since at least 2016, […]

Glassnode Report Shows Bitcoin And Ethereum Derivatives Gain Massive Traction

Glassnode Report Shows Bitcoin And Ethereum Derivatives Gain Massive Traction

The 2022 crypto winter seems to be one of the most severe bearish trends in cryptocurrency history. This saw the entire crypto market cut down by over 50% in value since the beginning of the year. Also, the situation in the crypto market got worse with the collapse of the Terra-LUNA ecosystem. However, the crypto […]

Cardano Tests $0.51 Support – Can ADA Reach Safe Zone And Hit $0.67?

Cardano Tests $0.51 Support – Can ADA Reach Safe Zone And Hit $0.67?

Cardano spikes by 5% as seen on the daily price chart Bulls likely to touch bullish triangle from $0.67 to $0.69 ADA at risk of retreating to $0.50 Cardano (ADA) price is looking straightforward bullish today bouncing back from yesterday’s dip. However, the price isn’t completely out of risk. ADA plunged to roughly $0.5067 yesterday […]

Latest Report Shows Ethereum Whales Buy 312 Billion SHIB During Crypto Winter

Latest Report Shows Ethereum Whales Buy 312 Billion SHIB During Crypto Winter

The broader crypto market had shown positive progress in price within the last week, including meme coins like Dogecoin and SHIB. However, its performance over the past 24 hours speaks otherwise. The market recorded a 3.30% downward price trend within 24 hours. While several other tokens are displaying negative moves due to the sudden change, […]

How to Add Polygon to MetaMask [The Ultimate Guide 2022]

How to Add Polygon to MetaMask [The Ultimate Guide 2022]

MetaMask is a free web and mobile crypto wallet with over ten million active monthly users. MetaMask was launched in 2016 to provide support for the Ethereum network, allowing users to store and swap cryptocurrencies, host a rich suite of decentralized applications like yield farming protocols and NFT marketplaces, token swap applications, and play blockchain-based […]

How to Buy Universe.xyz [The Ultimate Guide 2022]

How to Buy Universe.xyz [The Ultimate Guide 2022]

Universe.xyz was created by artists for artists, aiming to empower artists to mint a single NFT or an entire Collection and monetize those Collections. Read on to learn all the relevant information about the Universe.xyz to help you make an informed investment decision. Scroll down for our step-by-step guide on where and how to buy […]

TA: Bitcoin Price Surges 6%, Why Recent Breakout Looks Real

TA: Bitcoin Price Surges 6%, Why Recent Breakout Looks Real

Bitcoin price found support above $22,500 and surged over 6% against the US Dollar. BTC broke many hurdles and might rise further towards the $25,000 resistance. Bitcoin started a fresh increase after it found strong bids above $22,500. The price is now trading above the $23,500 level and the 100 hourly simple moving average. There […]

Ethereum L2 TVL Enjoys 284% Growth In The Past Month Ahead Of Goerli Merge

Ethereum L2 TVL Enjoys 284% Growth In The Past Month Ahead Of Goerli Merge

Total value locked (TVL) on Optimism, a layer-2 scaling solution for the Ethereum blockchain, has increased 284% in the last month, according to data from DefiLlama. Users lending and borrowing assets on Aave through Optimism’s layer-2 chain make up the vast majority of TVL. Ethereum Optimism TVL Surges In anticipation of The Merge update, which […]

Bitcoin Surge Towards $24k As CPI Report Show Inflation Cooling

Bitcoin Surge Towards $24k As CPI Report Show Inflation Cooling

Bitcoin surged after July’s CPI data showed that inflation has started to decline after several months of record-breaking rates. Similar to earlier instances, the price of bitcoin climbed close to $24,000. CPI Report Boost Bitcoin Price According to the Consumer Price Index report (CPI) that the U.S. Bureau of Labor and Statistics released on Wednesday, […]

Money On The Sidelines: Crypto Traders Accumulate Highest Buying Power In Two Years

Money On The Sidelines: Crypto Traders Accumulate Highest Buying Power In Two Years

The crypto market has been trading in the green over today’s session as it sees some relief from macro-economic factors. Today, the U.S. published July’s Consumer Price Index (CPI) print which hinted at a slowdown in inflation and allow Bitcoin, Ethereum, and others to experience some relief. CPI has been a key metric over the […]

Recovery Market Sentiment Sees Investors Take More Risk With Altcoins

Recovery Market Sentiment Sees Investors Take More Risk With Altcoins

Crypto investors had been moving out of altcoins through the market downtrend due to the high volatility that rocked these digital assets. As a result, the fall in these altcoins was more brutal than that recorded in bitcoin. However, as the tide has begun to turn and the market is looking towards more of a […]

TA- Bitcoin Bounced off Key Support After CPI Announcement

TA- Bitcoin Bounced off Key Support After CPI Announcement

The price of Bitcoin (BTC) bounced off its key support against Dollars (USD) after the Consumer Price Index (CPI) announcement in the United States. The metric is used to measure inflation in U.S. dollar and hints at a potential slowdown.  Bitcoin price saw a pullback from $24,200 to $22,800 despite showing signs of relief rally […]

TA- Binance Coin Continues To Look Strong Despite Altcoins Shakeout

TA- Binance Coin Continues To Look Strong Despite Altcoins Shakeout

The price of Binance coin (BNB) continues to look strong as it holds its support against Tether (USDT) after the Consumer Price Index (CPI) announcement. The CPI tends to provide a gauge as regards inflation in the economy while instigating BTC prices and other altcoins. Bitcoin’s (BTC) price saw a pullback from $24,200 to $22,800 […]