Archives par catégorie: Business

TA: Ethereum Takes Hit, Why ETH Could Plunge Below $2,700

TA: Ethereum Takes Hit, Why ETH Could Plunge Below $2,700

Ethereum started a major decline from the $2,970 zone against the US Dollar. ETH dived below $2,800 and might accelerate lower below the $2,700 support. Ethereum started a major decline after it failed to surpass $2,970. The price is now trading below $2,800 and the 100 hourly simple moving average. There was a break below […]

TA: Bitcoin Price Breakdown Looks Real, Why BTC Could Dive Below $35K

TA: Bitcoin Price Breakdown Looks Real, Why BTC Could Dive Below $35K

Bitcoin started a strong decline from the $40,000 resistance against the US Dollar. BTC broke the key $37,500 support to move into a bearish zone. Bitcoin started a strong decline below the $37,500 and $36,500 levels. The price is now trading below $37,500 and the 100 hourly simple moving average. There was a break below […]

Bitcoin Broke Above The Multi-Week Resistance; What’s Next

Bitcoin Broke Above The Multi-Week Resistance; What’s Next

Bitcoin recovered on its chart over the last 24 hours as the king coin surged by 2%. Prices of the coin saw some respite after visiting the $37,000 price level. As broader markets started to recover Bitcoin’s price action moved on a north-bound journey. Currently, Bitcoin’s prices were trading in a tightly consolidated region because […]

Bitcoin ETP Outflows Spell Bearish Sentiment Among Institutional Investors

Bitcoin ETP Outflows Spell Bearish Sentiment Among Institutional Investors

Bitcoin ETPs have become more popular than ever since the SEC approved multiple bitcoin ETPs in the fourth quarter of 2021. They had subsequently had a good run with hundreds of millions of dollars flowing into these ETPs. They provided a way for institutional investors and others who didn’t want any direct exposure to the […]

Bitcoin Long Squeeze Incoming? Funding Rates Surge Up

Bitcoin Long Squeeze Incoming? Funding Rates Surge Up

On-chain data shows the Bitcoin funding rates have observed a rise again, suggesting that another long squeeze may be in store for the crypto. Bitcoin Funding Rates Show Relatively High Positive Value As explained by an analyst in a CryptoQaunt post, the current positive funding rates may mean the price could observe a decline soon. […]

Cardano Prepares For Major Update, Will It Be Enough To Push Bears Back?

Cardano Prepares For Major Update, Will It Be Enough To Push Bears Back?

The Cardano network is preparing for its upcoming Hard Fork Combinator (HFC) event “Vasil”. The cryptocurrency has been undergoing several updates and optimizations but continues to follow the general market sentiment. Related Reading | ADA On Discount? Cardano Whales Go On $200M Shopping Spree In fact, Cardano (ADA) price has been trending downside since the end […]

PrimeXBT vs. Gate.io vs. eToro: The Best Opportunities For Traders And Passive Investors

PrimeXBT vs. Gate.io vs. eToro: The Best Opportunities For Traders And Passive Investors

As the crypto market grows and enjoys broader participation from the global investment community, the products and services offered must be increasingly competitive, easy to use, and more robust by the day. Not only must there be many options for active traders and investors, but today there also must be plenty to satisfy the appetite […]

One Coin, Two Trades: Why Bitcoin Futures And Spot Signals Don’t Match Up

One Coin, Two Trades: Why Bitcoin Futures And Spot Signals Don’t Match Up

Bitcoin price bounced to the tune of 5% following yesterday’s Federal Reserve meeting. However, the move has almost fully retraced. What’s interesting about the situation, is that traders at one particular platform could have seen this coming a lot more clearly, while others might have suffered a fake out. Here is a closer look at […]

Snoop Dogg, Clay Nation & Cardano Come Together On The Blockchain

Snoop Dogg, Clay Nation & Cardano Come Together On The Blockchain

Legendary rapper and new owner of Death Row Records Snoop Dogg launched an NFT collaboration with an exclusive metaverse project on the Cardano blockchain early this week in hopes to start his first formal metaverse play with a bang. Related Reading | Institutional Investors Exit Market As Crypto Declines, New Report Reveals Snoop Dogg & […]

Crypto Spotlight: ViaBTC’s Strategic Partner SAI.TECH Goes Public on Nasdaq

Crypto Spotlight: ViaBTC’s Strategic Partner SAI.TECH Goes Public on Nasdaq

ViaBTC’s strategic partner SAI.TECH Global Corporation (“SAI.TECH” or “SAI”),  a clean-energy-driven Bitcoin mining operator with leading energy-saving solutions to the computing, power, and heating industry, officially listed on Nasdaq on May 2, 2022 (EST). The Class A ordinary shares and warrants of SAI commenced trading on the Nasdaq Stock Market on May 2, 2022, under […]

TA: Ethereum Regains Strength But $3K Is Still A Major Hurdle

TA: Ethereum Regains Strength But $3K Is Still A Major Hurdle

Ethereum started a decent increase above the $2,920 resistance against the US Dollar. ETH must clear $2,980 and $3,000 to continue higher in the near term. Ethereum started a steady recovery wave above the $2,900 resistance. The price is now trading above $2,900 and the 100 hourly simple moving average. There is a major bullish […]

The Nightly Mint: Daily NFT Recap

The Nightly Mint: Daily NFT Recap

The NFT ecosystem had a quieter day on Wednesday, but there is always action to cover. Shanghai residents are minting NFTs to shed light on current conditions, and there’s drama in a non-Ethereum blockchain NFT marketplace that is causing rifts. Let’s dive into these latest stories from Wednesday’s activity. The Nightly Mint Latest Mint: Shanghai […]

Institutional Investors Exit Market As Crypto Declines, New Report Reveals

Institutional Investors Exit Market As Crypto Declines, New Report Reveals

Following the failure of the crypto market to return to its former glory, institutional investors are fleeing in droves. The market has seen a large outflow of institutional cash in recent weeks, according to multiple sources. Coinshares made the figure surrounding the conversation available a few days ago in a recent update. Investors Leave Market […]

TA: Bitcoin Price Breakout Suggests A Short-term Trend Change

TA: Bitcoin Price Breakout Suggests A Short-term Trend Change

Bitcoin gained pace above the $39,000 resistance against the US Dollar. BTC even tested $40,000 and might continue to rise in the near term. Bitcoin started a decent increase above the $38,800 and $39,000 resistance levels. The price is now trading above $39,000 and the 100 hourly simple moving average. There was a break above […]

Amidst A New Development Algorand Could Be Eyeing $1

Amidst A New Development Algorand Could Be Eyeing $1

Algorand is currently bullish on its chart at the time of writing. Fifa’s governing body announced Algorand to be the official blockchain partner of the World Cup competition. It is set to happen in November. Ever since that announcement, the coin displayed positive price action. After the coin fell through its long-standing support line of […]