Archives par catégorie: Business

How This Company Lost 99% Of Its Clients Funds Shorting LUNA

How This Company Lost 99% Of Its Clients Funds Shorting LUNA

Per a report from Sedaily, the trading arm of Korean startup Uprise has lost of all its clients’ funds. The platform was used by wealthy individuals and institutions to trade crypto futures contracts via an artificial intelligence (AI) tool. Related Reading | Altcoins Take The Lead As Bitcoin Struggles To Hold Above $20,000 According to the […]

Altcoins Take The Lead As Bitcoin Struggles To Hold Above $20,000

Altcoins Take The Lead As Bitcoin Struggles To Hold Above $20,000

Bitcoin has been struggling for the last month and has struggled to hold the $20,000, losing its footing multiple times. Through this time, altcoins, while having followed the digital asset on the way down, had begun to gather momentum through the small recoveries recorded over the last couple of weeks. As July draws in on […]

Bitcoin Approaches 2018 Like Drawdown, Why $20,000 Is A Crucial Level

Bitcoin Approaches 2018 Like Drawdown, Why $20,000 Is A Crucial Level

Bitcoin has been moving sideways around its current levels with no clear direction on lower timeframes. The cryptocurrency has experienced its worst-selling pressure in years but has held firmly around its 2017 all-time high. Related Reading | Crypto Trading Volumes In India Sink Due To Heavy Taxation, What’s Ahead? At the time of writing, Bitcoin trades […]

Crypto Trading Volumes In India Sink Due To Heavy Taxation, What’s Ahead?

Crypto Trading Volumes In India Sink Due To Heavy Taxation, What’s Ahead?

Cryptocurrency trading is taking another pattern and shape in India due to the implementation of taxation laws. As a result, the traders are experiencing a different turn in their transactions lately in the country. The new rule in India for 1% taxation on every transaction has been enforced from July 1. Also, the government has […]

ATOM Rises To Multi-Week High, Daily RSI Shows Bullish Pattern

ATOM Rises To Multi-Week High, Daily RSI Shows Bullish Pattern

Cosmos (ATOM) was trading higher on Tuesday, as prices earlier in the day reached a multi-week high. The ATOM/USD pair reached its highest level since June 10 on Wednesday, as prices fell below the $10 threshold. Following the Fourth of July celebrations, during which prices dipped to $8.14, ATOM reached an intraday high of $9.27. […]

Ethereum Gains 10% In 24 Hours – Is ETH Set To Rally Further?

Ethereum Gains 10% In 24 Hours – Is ETH Set To Rally Further?

Ethereum (ETH) climbed about 10 percent in the past 24 hours to $1,155, after coming close to falling back under $1,000. The world’s second-biggest cryptocurrency has experienced a robust comeback in a short span of time, with buying activity over the U.S. market holiday bolstering prices. But, can ETH sustain this rally? Or, will it be […]

TA: Ethereum Gearing For Another Lift-Off: Recovery Isn’t Over Yet

TA: Ethereum Gearing For Another Lift-Off: Recovery Isn’t Over Yet

Ethereum is showing positive signs above the $1,100 zone against the US Dollar. ETH could rise further above the $1,170 resistance zone. Ethereum gained strength for a move above the $1,100 and $1,120 levels. The price is now trading above $1,120 and the 100 hourly simple moving average. There is a key bullish trend line […]

Zimbabwe Will Issue Gold Coins To Control Inflation. Why Don’t They Use BTC?

Zimbabwe Will Issue Gold Coins To Control Inflation. Why Don’t They Use BTC?

Like most of the world’s, Zimbabwe ’s economy is in shambles. Is a gold coin the solution, though? It might just be. The country’s central bank announced “the “Mosi-oa-tunya” coin, named after Victoria falls.” It’s Zimbabwe’s response to a dire situation. According to Reuters, “annual inflation, which hit almost 192% in June, cast a shadow […]

TA: Bitcoin Faces Another Rejection, Can Bulls Save The Day

TA: Bitcoin Faces Another Rejection, Can Bulls Save The Day

Bitcoin spiked above the $20,500 resistance against the US Dollar. BTC is now struggling near $19,800, with a major support near the $19,600 zone. Bitcoin made another attempt to gain strength above $20,500 but failed. The price is now trading above the $19,500 level and the 100 hourly simple moving average. There is a key […]

Institutional Investors Remain Bearish As Short Bitcoin Sees Record Inflows

Institutional Investors Remain Bearish As Short Bitcoin Sees Record Inflows

Bearish sentiment toward Bitcoin among institutional investors has been gaining ground in recent months. This was propelled even further by the crash that rocked the digital asset back in mid-June. Since then, bitcoin has struggled to keep its head above the $20,000 level, and as it continues to fail, bearish sentiment has grown rampant. This […]

Bitcoin Reserve Risk Falls To 2015 Levels, What Happened To BTC’s Price That Year?

Bitcoin Reserve Risk Falls To 2015 Levels, What Happened To BTC’s Price That Year?

Bitcoin has returned to the $20,000 area after experiencing rejection. The cryptocurrency has been displaying some strength during today’s trading session despite a spike in the U.S. dollar which signals danger for risk-on assets. Related Reading | Cardano Releases New Update On Testnet, How Will The Price Respond? At the time of writing, BTC’s price trades […]

Bitcoin Taker Buy/Sell Ratio Short-Term Bull Signal Goes Off

Bitcoin Taker Buy/Sell Ratio Short-Term Bull Signal Goes Off

On-chain data shows the Bitcoin taker buy/sell ratio has recently crossed above ‘1,’ a sign that the crypto could experience short-term bullish momentum. Bitcoin Taker Buy/Sell Ratio Surges Up Above A Value Of 1 As explained by an analyst in a CryptoQuant post, the current BTC taker buy/sell ratio trend may suggest the crypto might […]

Celsius Beats Down Liquidation Price With $120 Million In Loan Repayments

Celsius Beats Down Liquidation Price With $120 Million In Loan Repayments

Celsius has been at the center of most crypto controversies in the last month. The lending platform had had to pause withdrawals, transfers, and swaps on its platform, citing extreme market conditions as the reason, but that was only the beginning of its troubles. However, Celsius looks to be taking it on the chin because […]

Coinbase Institute Research: Crypto Prices and Market Efficiency

Coinbase Institute Research: Crypto Prices and Market Efficiency

By Cesare Fracassi, Chief Economist, Coinbase Institute TL;DR: How should we evaluate the recent highs and lows of crypto prices? In taking a market efficiency view, crypto prices are a reflection of the market’s assessment of the future prospects of digital assets. This view can help us understand the historical trends in crypto prices and […]

Does Sentiment Shifting Slowly Signal A Crypto Recovery Ahead?

Does Sentiment Shifting Slowly Signal A Crypto Recovery Ahead?

The crypto market has lost momentum after the extended weekend in the United States. Bitcoin and other larger cryptocurrencies have been recording losses during today’s trading session and could continue to trend downside in the short term. Related Reading | TA: Ethereum Regains Strength, Showing Early Signs of Fresh Rally At the time of writing, the […]

Cardano Releases New Update On Testnet, How Will The Price Respond?

Cardano Releases New Update On Testnet, How Will The Price Respond?

Cardano is gradually pushing through most of its network’s building phases. The Basho phase, the fourth of the five stages of Cardano’s developing plans, is progressing. The first three phases were Goguen, Byron, and Shelley, which provide smart contracts, the foundation, and decentralization, respectively. Finally, Vasil, the primary feature of Basho, is launched on Cardano’s […]

The ALTER EGO project group burned and buried the crypto market during the Art Manifesto performance in Venice to revive it with the NFT Memento Mori collection

The ALTER EGO project group burned and buried the crypto market during the Art Manifesto performance in Venice to revive it with the NFT Memento Mori collection

The “Art Manifesto” Art Performance Illustrated The Flaws In The Crypto Industry And Introduced A Special NFT Collection With Unique Benefits The ALTER EGO Project Group recently organized a major art event in the city of Venice to celebrate the release of the exclusive NFT art collection, Memento Mori. The “Art Manifesto” event opened a […]

“Global economy can be fixed by digital transformation & blockchain technology,” says H.E. Justin Sun, Ambassador for Grenada to the WTO

“Global economy can be fixed by digital transformation & blockchain technology,” says H.E. Justin Sun, Ambassador for Grenada to the WTO

H.E. Justin Sun, the founder of TRON, joined the Grenada Government as its WTO Ambassador last December. He talked about some serious issues at the Twelfth Ministerial Conference (MC12) of the World Trade Organization (WTO). Sun spoke during the conference on SIDS (Small Island Developing States), climate change, oceans, e-commerce, and other issues. The Conference […]

TA: Ethereum Regains Strength, Showing Early Signs of Fresh Rally

TA: Ethereum Regains Strength, Showing Early Signs of Fresh Rally

Ethereum started a fresh increase after it remained stable near $1,000 against the US Dollar. ETH could rise further above the $1,150 resistance zone. Ethereum gained strength for a move above the $1,080 and $1,100 levels. The price is now trading above $1,100 and the 100 hourly simple moving average. There was a break above […]