Archives par catégorie: Business

TRX Soars 15% In Last 5 Days – Is This Enough To Recoup Investors’ Losses?

TRX Soars 15% In Last 5 Days – Is This Enough To Recoup Investors’ Losses?

Tron (TRX) has eclipsed its past performance and has been up 15% in the last five days. The TRX/BTC pair registers an increase of 0.28% at 0.000002895 BTC. The token is now sweeping through an uptrend wave as seen in the daily price chart. There is an obvious power struggle between the bulls and the […]

Bitcoin Impressive July Recovery In The Midst Of An Ongoing Crisis

Bitcoin Impressive July Recovery In The Midst Of An Ongoing Crisis

Despite the ongoing crisis, which includes high-profile bankruptcies, problems with crypto lenders, and worries about inflation and rising interest rates, Bitcoin, the leading cryptocurrency, rebounded from its 2022 June lows. It finished July with an impressive recovery to the $24,000 threshold. The months of June and July 2022 on the cryptocurrency market were heated downtrends. […]

Solana Pressured To Register A Breakout – Can The Bulls Lift SOL This Week?

Solana Pressured To Register A Breakout – Can The Bulls Lift SOL This Week?

The bulls are gaining dominance in the market with Solana generating gains of 5.14% or currently at 0.001863 SOL/BTC. The SOL price is pulled mostly by the bulls with a slight tug coming from the bears. With these gripping forces, the SOL price is stuck. Currently, the bulls are relentlessly pushing the price closer to […]

Ethereum Beats Bitcoin For The First Time In This Metric, What Does It Say About ETH’s Price?

Ethereum Beats Bitcoin For The First Time In This Metric, What Does It Say About ETH’s Price?

Ethereum has been experiencing a slowdown in its bullish momentum over the weekend. The cryptocurrency managed to break the critical resistance at $1,700 but could re-test previous support levels before reclaiming higher levels. According to Wu Blockchain, Ethereum recently surpassed Bitcoin in terms of Open Interest (OI) for options contracts. This metric stands at $5.6 […]

TA: Ethereum Consolidate Gains, Why This Support Is The Key

TA: Ethereum Consolidate Gains, Why This Support Is The Key

Ethereum extended its increase above the $1,720 level against the US Dollar. ETH is now consolidating above the key $1,670 support zone. Ethereum remained in a positive zone but struggled near the $1,785 resistance zone. The price is now trading above $1,650 and the 100 hourly simple moving average. There was a break below a […]

TA: Bitcoin Price Struggles Below $25K, Signs of Double Top Emerges

TA: Bitcoin Price Struggles Below $25K, Signs of Double Top Emerges

Bitcoin failed to clear the $25,000 resistance zone against the US Dollar. BTC is declining and might break the $23,250 support zone. Bitcoin attempted a clear move towards the $25,000 resistance but failed. The price is now trading below the $24,000 level and the 100 hourly simple moving average. There was a break below a […]

Will The Bitcoin Short-Term Holder Breakeven Point Act As Resistance Again?

Will The Bitcoin Short-Term Holder Breakeven Point Act As Resistance Again?

On-chain data shows the Bitcoin short-term holder SOPR is approaching the “breakeven” value, a point that has acted as resistance for the crypto’s price in the past. Bitcoin Short-Term Holder SOPR Surges Up And Approaches A Value Of “1” As pointed out by an analyst in a CryptoQuant post, the selling pressure from the short-term […]

Shiba Inu Breaks Downtrend Line – Is A Trend Reversal Imminent?

Shiba Inu Breaks Downtrend Line – Is A Trend Reversal Imminent?

Shiba Inu (SHIB) along with another meme coin Dogecoin (DOGE) have had the worst crashes. However, SHIB is singing a different tune as it turns green after suffering a bearish downturn for a long time. Unlike DOGE, the crypto community is very optimistic about the future of Shiba Inu’s price. Shiba Inu is a popular […]

BNB Registers New ATH Against BTC – And Zhao Is Not A Bit Surprised

BNB Registers New ATH Against BTC – And Zhao Is Not A Bit Surprised

Binance Coin (BNB) was able to climax at an all-time high that outperformed Bitcoin (BTC) – and Changpeng Zhao, Binance CEO, isn’t surprised at all. Remarkably, the BNB/BTC pair reached $0.0124. On the other hand, the BNB/USDT pair spiked by 56.92% and still in the green lane but wasn’t as significant as the BNB/BTC pair. […]

Decentraland Up For 4th Straight Session As MANA Targets $1.5

Decentraland Up For 4th Straight Session As MANA Targets $1.5

For the fourth straight session, Decentraland has shown up and has seen a surge of nearly 2%. More so, MANA’s fourth day exhibited a price spike trading above $1. Metaverse has been picking up steam especially since Facebook was revamped to Meta. Prior to that, Decentraland has always been extremely popular, especially for those who […]

Ethereum Price Surges Following The Final Testnet Details

Ethereum Price Surges Following The Final Testnet Details

The Ethereum community has been anticipating the move from the Proof-of-Work (PoW) to the Proof-of-Stake mechanism. Luckily for everyone, the Merge will soon occur, and reports show that the developers are approaching the final test phase before the significant event. Tim Beiko, the lead developer on Ethereum, disclosed these details on July 28. According to […]

Ethereum Bullish Signal: Exchange Inflows Decline To Low Values

Ethereum Bullish Signal: Exchange Inflows Decline To Low Values

On-chain data shows the Ethereum exchange inflows have declined to low values recently, a sign that could be bullish for the crypto’s price. Ethereum 7-day MA Exchange Inflows Have Gone Down In Recent Weeks As pointed out by an analyst in a CryptoQuant post, the ETH price has been reversing up as the PoS merge […]

Latest Report Shows Cryptojacking Increased By 30% During The Crypto Slump

Latest Report Shows Cryptojacking Increased By 30% During The Crypto Slump

The crypto industry is fraught with different malicious actors preying on unsuspecting users, especially the cryptojacking attackers. Many hacks and exploits occur in the industry, targeting crypto firms and individual investors. According to data, crypto scams and exploits in 2022 amounted to $10.3 million from January to June. This shows that the industry is not […]