Archives par catégorie: Business

Chainlink Price Surges As The Team Releases New Staking Roadmap

Chainlink Price Surges As The Team Releases New Staking Roadmap

Following the release of its staking roadmap, Chainlink’s LINK native token performed quite impressively. First, it released its long-awaited roadmap revealing various phases it will go through. Recently via blog post on its official website, Chainlink cited “Chainlink Economics 2.0.” The blog highlighted the aim to implement crypto staking to scale the network. While doing […]

Do Knwon Turns Twitter Account To Private After LUNA Slumps

Do Knwon Turns Twitter Account To Private After LUNA Slumps

In less than a month after the deployment of the new blockchain, LUNA 2.0, the token’s price has declined by over 77%. Early this year, the Terra blockchain was hailed to be the future of cryptocurrencies, as it seemed to promise several developmental advances. Then the protocol encountered a great shocker when its UST stablecoin […]

TA: Ethereum Eyes Strong Reversal, Why Dips Could Be Limited

TA: Ethereum Eyes Strong Reversal, Why Dips Could Be Limited

Ethereum is showing positive signs above $1,720 against the US Dollar. ETH could start a strong increase if there is a clear move above the $1,850 resistance. Ethereum remained well supported above the $1,720 support zone. The price is now trading below $1,820 and the 100 hourly simple moving average. There is a major bearish […]

With 12 Key Measures of Prices, Truflation’s Revamped Dashboard 2.0 Independently and Accurately Assesses Real-Time Inflation Rates

With 12 Key Measures of Prices, Truflation’s Revamped Dashboard 2.0 Independently and Accurately Assesses Real-Time Inflation Rates

Truflation’s newly revamped dashboard provides data on 12 key cost categories to more accurately measure inflation rates as compared to many government consumer price indicators Truflation, a decentralized, blockchain-based inflation index initiative, has announced the release of a new and redesigned UI for its dashboard, complete with a new set of features, functions, and capabilities. […]

TA: Bitcoin Stuck In Key Range, Why A Major Breakout Is Possible

TA: Bitcoin Stuck In Key Range, Why A Major Breakout Is Possible

Bitcoin is holding the key $29,500 support against the US Dollar. BTC must clear the $31,500 resistance zone to start a major increase in the near term. Bitcoin is showing a few positive signs above the $29,500 support zone. The price is now trading below the $30,500 level and the 100 hourly simple moving average. […]

U.S. Macro Pressure Responsible For Entire Bitcoin Downtrend

U.S. Macro Pressure Responsible For Entire Bitcoin Downtrend

There have been multiple sell-off trends recorded in bitcoin since the crash in December 2021. These sell-offs have been responsible for the decline in prices recorded in the digital asset over the last couple of months. Naturally, sell-off trends can be recorded on their magnitude depending on when the trading hours of a particular region […]

Will Litecoin’s MimbleWimble Upgrade Become Its Doom?

Will Litecoin’s MimbleWimble Upgrade Become Its Doom?

Five major South Korean exchanges announced their intentions to delist Litecoin (LTC). The cryptocurrency recently implemented an update to improve its privacy and scalability features. Related Reading | Litecoin Reveals Rollout Date For MimbleWimble, Will LTC See Relief? As a result, Upbit, Bithumb, Korbit, Gopax, and Coinone will stop offering to their customers. The update has […]

How The Crypto Winter Has Impacted The DeFi Sector

How The Crypto Winter Has Impacted The DeFi Sector

The crypto market trends to the downside as major assets are unable to break above local resistance. As per usual, the dominant trend picks winners and losers and unfortunately, the altcoin markets have been amongst the latter. Related Reading | As Bitcoin Slumps, BTC Miners Sell Of Their Tokens Creating Panic In The Market In particular, […]

As Bitcoin Slumps, BTC Miners Sell Of Their Tokens Creating Panic In The Market

As Bitcoin Slumps, BTC Miners Sell Of Their Tokens Creating Panic In The Market

The broader crypto market has been in a state of a downward price swing, with Bitcoin going lower almost daily. Before now, Bitcoin miners have put away some BTC tokens waiting for their sunny days to reap. However, the continuous price drop of virtual assets has set a constant downtrend for the most significant crypto […]

Cardano Metaverse Project Cardalonia Releases Staking Platform, Set To Release Playable Avatars On The Cardano Blockchain

Cardano Metaverse Project Cardalonia Releases Staking Platform, Set To Release Playable Avatars On The Cardano Blockchain

Cardalonia, a Cardano Metaverse project has announced the launch of their Staking platform and according to the roadmap, a user playable NFT clan of Cardalonia Blockchain is scheduled to be released by late 2022. Cardalonia when fully launched will allow users to customize their experiences in the Cardano virtual world where players can build, own […]

Ethereum Market Cap Cut By Over $100 Billion Last Month

Ethereum Market Cap Cut By Over $100 Billion Last Month

The worsening condition of the crypto market has seeped through Ethereum. The market cap of Ethereum was purged by more than $100 billion last month. Ethereum was trading at $1,809.49, down -6.9% Wednesday, chart by Coingecko shows. The bearish market stance is getting more consistent as Ethereum appears to settle at its comfort zone and […]

Did Celsius’ Withdrawal Trigger The Terra/ LUNA Collapse? Claim & Response

Did Celsius’ Withdrawal Trigger The Terra/ LUNA Collapse? Claim & Response

Did Celsius set off the domino effect? Almost a month ago, The Block Crypto reported that Celsius pulled at least $500M from the Anchor protocol before the collapse. Two weeks ago, blockchain analytics firm Nansen identified Celsius among the seven big wallets that allegedly triggered the bank run on Anchor. Recently, Celsius responded.  Is this […]

Japanese Government Reportedly Set To Freez Stolen Crypto – Assets By Passing New Law

Japanese Government Reportedly Set To Freez Stolen Crypto – Assets By Passing New Law

The decentralized nature of crypto assets ensures that transactions and activities involving the assets have no third parties interference. This has remained a leveraging feature that decentralized finance uses against its centralized counterpart. Yet, most criminal activities relating to cryptocurrency are scaling through based on its decentralized characteristics. One of such prevalent crimes is money […]

Axie Infinity Revenue Continues To Collapse – Here’s Why

Axie Infinity Revenue Continues To Collapse – Here’s Why

Axie Infinity, a blockchain-based play-to-earn game, generated a measly $988,400 in total revenue the previous week, which is the first time that the popular P2E game that allows you to earn SLP coins, amassed lower than 1 million since February 2021. From an hourly standpoint, AXS price has spiraled down by 1.69% or roughly $0.35 […]

The Metaverse industry continues to struggle while $NXTT continues its rally

The Metaverse industry continues to struggle while $NXTT continues its rally

The crypto market has been facing a rough time over the past few months. The majority of assets have been in a bearish trend, following the broader market sentiment. Some have managed to weather the storm better than others. Let’s compare and contrast the two digital assets, $SAND and $NXTT. Comparing Performance The Sandbox ($SAND) […]

TA: Ethereum Holds Crucial Support, Why Hopes of Fresh Rally Is Intact

TA: Ethereum Holds Crucial Support, Why Hopes of Fresh Rally Is Intact

Ethereum remained well bid above the $1,720 support against the US Dollar. ETH recovered losses, but it is still facing hurdles near the $1,850 zone. Ethereum remained well bid above the $1,720 support zone. The price is now trading below $1,800 and the 100 hourly simple moving average. There is a key bearish trend line […]

What Does The Bull Div On Ethereum RSI Mean For The Top Altcoin?

What Does The Bull Div On Ethereum RSI Mean For The Top Altcoin?

Just like other altcoins, Ethereum too extended losses today. Over the last 24 hours, the altcoin slipped below the $1900 price level. Bitcoin also fell on its chart and major industry altcoins followed suit. Most coins over the past week and a half have been consolidating on their charts. Following the consolidation, some altcoins attempted […]

TA: Bitcoin Forms Bullish Pattern, Why Break Above $31.5K Is The Key

TA: Bitcoin Forms Bullish Pattern, Why Break Above $31.5K Is The Key

Bitcoin remained strong above the $29,500 support against the US Dollar. BTC could start a major increase if there is a clear move above the $31,500 resistance. Bitcoin started a fresh increase from the $29,500 support zone. The price is now trading above the $30,000 level and the 100 hourly simple moving average. There is […]