Archives par catégorie: Business

BNB price (Binance coin) is consolidating above the $320 support against the US Dollar. It could start a major increase if there is a break above $335. Binance coin price is trading in a range above $320 resistance against the US Dollar. The price is now trading below $330 and the 100 simple moving average […]

Ethereum price started a fresh increase above the $1,880 resistance against the US Dollar. ETH is rising and might soon aim for a move toward $2,000. Ethereum is attempting a fresh increase above $1,880. The price is trading above $1,880 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend […]

Bitcoin price is recovering and trading above $29,000. BTC is slowly moving higher and the bulls might soon aim for a move toward the $30,000 resistance. Bitcoin is attempting a recovery wave above the $28,800 resistance zone. The price is trading above $28,800 and the 100 hourly Simple moving average. There was a break above […]

The rise of the meme coin mania in 2023 has taken the cryptocurrency world by storm, and a new report by CoinGecko shows that the trend is most popular in the United States, India, and the United Kingdom. These countries account for over 50% of all meme coin fans this year, indicating a strong interest […]

The price of Bitcoin has seen a small uptick during today’s trading session, but the cryptocurrency has been unable to break the sideways trend. Today, the U.S. Federal Reserve (Fed) announced a 25 basis points (bps) rate hike, but uncertainty in the financial world remains king. As of this writing, Bitcoin (BTC) trades at $28,600 […]

According to the trader and analyst of the crypto market under the pseudonym “Googly,” the fallen crypto exchange FTX sold warrants for $884 million SUI tokens to Mysten Labs and preferred stock for less than $100 million in March. The paper valuation for the tokens is now worth $1 billion. The sale of the warrants […]

The historical pattern in this Bitcoin on-chain indicator may suggest that the ongoing rally hasn’t reached its top yet. Bitcoin 1-Year Inactive Supply Has Continued To Go Up Recently According to a post from the on-chain analytics firm CryptoQuant, the 1-year inactive supply hit a high back in March of this year. The “1-year inactive […]

SUI, one of the long-awaited blockchain token projects in the crypto community, finally launched earlier today. However, contrary to expectations, SUI has recorded a significant plunge in price as the trading went live on multiple exchanges.  Over the past 4 hours since its launch, the token has declined by more than 30%. This price action […]

As the Federal Reserve (Fed) prepares to announce its decision on interest rates, Material Indicators, a research and analysis firm in the cryptocurrency market, is keeping a close eye on the Bitcoin (BTC) liquidity movements. FireCharts, a popular charting platform, has tracked liquidity movements on the BTC/USDT Binance order book. Their observations have led them […]

May is looking up for Polygon (MATIC) price as it is seen to be in the green zone for two consecutive days. Polygon bulls have picked up steam and momentum in the new month after bears held the prices down since mid-February. Despite Polygon’s countless innovative partnerships and bullish news events, its native token remained […]

As the meme coin season continues to unfold, there have been more novel ideas coming out of the space. The most recent one that is catching investors’ attention is a meme coin that was created using the famous ChatGPT-4 artificial intelligence (AI). As the coin continues to rally, let’s take a look at its inception […]

Historical data of an on-chain indicator may suggest that the $24,400 level could be a major level of support for Bitcoin right now. Bitcoin STH MVRV Would Hit 1.0 If Price Declines To $24,400 According to this week’s edition of the Glassnode report, the 1.0 level of the Bitcoin STH MVRV has been a point […]

Chaos brews in the US financial sector as banking stocks tank further, and experts claim a crypto moment is brewing. The Fed’s continuous interest rate hike to curb inflation isn’t helping matters. The rising crisis sparked reactions from prominent analysts who weighed in on a possible bull run for crypto as the bank stocks tank. […]

Following a sharp increase in value,  XRP overcame several major obstacles, improving its outlook. But when the price reached the significant resistance level of $0.5387 on April 19, it lost momentum and fell. XRP has seen a dramatic decline in value, giving up its prior gains. Many investors are now unsure when the momentum will […]

Stacks (STX) is on an uptrend today, gaining over 12% in the last 24 hours. Although the general crypto market is volatile, STX shows positive moves on the price chart.  STX increased progressively in 2023 despite some price pullbacks due to price volatility. It traded at $0.213 on January 1, 2023, and moved to the […]

Several US authorities have raised concerns regarding the environmental impact of crypto mining. Previously, US lawmakers probed the crypto mining energy use and environmental impact. Biden’s administration is taking these concerns to another level. Biden’s Council of Economic Advisers (CEA) announced a 30% digital asset mining tax to offset its environmental impact. The new tax […]

Today is the day, the long-awaited launch of the next “Ethereum killer” SUI is taking place at 8:15 am EST (12:15 UTC). From a purely technical standpoint, SUI does a few things differently compared to Ethereum, and therefore the expectations are high. In addition to the bankrupt exchange FTX, the project has numerous notable backers, […]

Cardano’s price started a fresh decline from the $0.415 resistance. ADA could decline further if there is a clear move below the $0.38 support. ADA price is struggling to gain pace above $0.40 and $0.415 against the US dollar. The price is trading below $0.400 and the 100 simple moving average (4 hours). There is […]

Cardano weathered the storm of a tumultuous April, marked by market turbulence and regulatory challenges, and emerged with a glimmer of growth. Despite the obstacles, the blockchain platform’s native cryptocurrency, ADA, managed to hold its ground and even make some notable gains along the way. The recently released monthly report for April by Cardano has […]

Today’s interest rate decision by the U.S. Federal Reserve (Fed) and the following press conference by the Federal Open Market Committee (FOMC) could make up for this year’s most important day so far for the Bitcoin price. In March, the Fed had raised the benchmark interest rate by another 0.25 basis points (bps). At the […]