Archives par catégorie: Business

XRP Dominates The Market: ADV On Centralized Exchanges Surged by 46% In Q1 2023, Report

XRP Dominates The Market: ADV On Centralized Exchanges Surged by 46% In Q1 2023, Report

XRP, the sixth-largest cryptocurrency by market capitalization, has recorded significant gains in the first quarter of 2023. Despite a drop from its yearly high of $0.590, XRP dominated the crypto market with total sales in Q1 2023 of $361.06M, net of purchases, compared to $226.31M in the previous quarter. XRP Shines In Q1, Records Impressive […]

Dogecoin Bears Unshaken Despite New Trading Pair Addition On Top Exchange

Dogecoin Bears Unshaken Despite New Trading Pair Addition On Top Exchange

Dogecoin bears dealt a blow on the Shiba Inu-inspired meme-coin yesterday after a sudden Bitcoin rally which saw the alpha coin reclaim the $30,000 price level and instantly crash to previous support levels. Several cryptocurrencies, including DOGE, recorded losses after what looked to be bullish sentiments returned to the market as Bitcoin rallied. However, today’s […]

Bitcoin Bloodbath: Market Volatility Sparks Panic, Wipes Out $1 Billion In Open Interest

Bitcoin Bloodbath: Market Volatility Sparks Panic, Wipes Out $1 Billion In Open Interest

In the last 24 hours, Bitcoin (BTC) has experienced a sharp increase in volatility, with prices fluctuating between $29,000 and $27,000, given the lack of liquidity in the market. This sudden price action has had a significant impact on bulls and bears. However, as of this writing, Bitcoin has managed to recover the $29,000 level, […]

Avalanche Remains Under Pressure Despite Circle’s CCTP Effort

Avalanche Remains Under Pressure Despite Circle’s CCTP Effort

The native currency of Avalanche, AVAX, remains under pressure despite Circle’s effort to launch a facility that will enable the direct transfer of USDC between Ethereum and Avalanche blockchains.  Avalanche (AVAX) Is Down 18% From April 2023 Peaks Avalanche is a smart contracting platform with sub-second transaction finality and a rival of Ethereum. However, considering the […]

Filecoin Price Struggles To Move, Will It Surpass The $6 Barrier?

Filecoin Price Struggles To Move, Will It Surpass The $6 Barrier?

The 30th largest cryptocurrency Filecoin (FIL) has recorded an increase in its 24-hour trading volume. This recent trend has attracted investors and traders closely monitoring its price movement. However, the coin struggles to break through the important $6 resistance. The question now is, will Filecoin be able to break the $6 barrier? What’s the future […]

Chainlink Pushes Above $7, Will The Short-Term Recovery Hold?

Chainlink Pushes Above $7, Will The Short-Term Recovery Hold?

The price of Chainlink had been in a period of consolidation over the past few sessions. However, the bulls were recently able to break above an important resistance level. Despite this recent bullish action, the daily chart showed a 6% depreciation and on the weekly chart, LINK had a 9% loss. The technical outlook looked […]

Bitcoin Accumulation: HODLers Are Buying 15,000 BTC Per Month

Bitcoin Accumulation: HODLers Are Buying 15,000 BTC Per Month

On-chain data shows the Bitcoin HODLers are currently displaying net accumulation behavior, as they grow their holdings by 15,000 BTC per month. Bitcoin Long-Term Holders Have Been Accumulating Recently According to data from the on-chain analytics firm Glassnode, these investors were previously aggressively distributing during the bear market lows. The HODLers, or more formally, the […]

Kaspa (KAS), Render (RNDR), Injective (INJ) See Upside Amid Market Crash, What’s Going On?

Kaspa (KAS), Render (RNDR), Injective (INJ) See Upside Amid Market Crash, What’s Going On?

Kaspa (KAS), Injective (INJ), and Render (RNDR) are bucking against the general crypto market trend after sustaining gains over the last day. This follows a bearish movement that occurred after Bitcoin reclaimed the $29,000 level. A flash crash sent the pioneer cryptocurrency back to $27,500 and the crypto market tumbled along with it. However, not […]

Shiba Inu Whales Unload Billions Amid SHIB Price Retreat

Shiba Inu Whales Unload Billions Amid SHIB Price Retreat

The cryptocurrency market has been highly volatile in recent weeks, with Shiba Inu making headlines as a popular meme-inspired cryptocurrency. Over the last 24 hours, the price of the popular meme coin witnessed a slight uptick of approximately 5%, which drew the attention of investors and traders. However, as of the time of writing, the […]

Ethereum Exchange Inflows Trigger Drop Below $2,080: Will It Slide Lower This Week?

Ethereum Exchange Inflows Trigger Drop Below $2,080: Will It Slide Lower This Week?

Ethereum, the second-largest cryptocurrency by market cap, is facing another bout of turbulence as it experiences a fresh influx of coins into exchange addresses.  According to recent data, this surge in Ethereum inflows is reminiscent of a similar occurrence that coincided with a drop in the cryptocurrency’s value below the $2,080 mark.  The question on […]

Polygon (MATIC) Keeps Going Down Despite Bullish News, Buy The Dip?

Polygon (MATIC) Keeps Going Down Despite Bullish News, Buy The Dip?

The Polygon (MATIC) price is currently at a crucial moment. Despite bullish news, MATIC has been in a downtrend since mid-February. After retesting the March 10 low yesterday, the price is at a turning point. According to data from on-chain data provider IntoTheBlock, Polygon token holders in profit fell to 34% this week. This is […]

Bitcoin Flash Crash Triggered By Bogus Data? Here’s What Happened

Bitcoin Flash Crash Triggered By Bogus Data? Here’s What Happened

Bitcoin (BTC) experienced a flash crash yesterday in which the price plummeted from $29,800 to as low as $27,243 in just 60 minutes. The reasons for this violent price movement, which has not been seen on the Bitcoin chart for a long time, has caused speculations about what caused the crash. The popular Twitter account […]

Ethereum Price Dips and Then Rips Higher, Bulls Still Aim $2K

Ethereum Price Dips and Then Rips Higher, Bulls Still Aim $2K

Ethereum price saw swing moves from the $1,800 support against the US Dollar. ETH is again rising and might aim for a retest of the $2,000 resistance. Ethereum is showing a lot of strength above the $1,800 support zone. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There is a connecting […]

SOL Price Prediction: Solana Topside Bias Vulnerable Unless It Surges Past $23

SOL Price Prediction: Solana Topside Bias Vulnerable Unless It Surges Past $23

Solana is struggling below the $23 resistance against the US Dollar. SOL price could decline again if there is a clear move below the $20 support. SOL price is showing bearish signs below the $23 barrier against the US Dollar. The price is now trading below $22.50 and the 100 simple moving average (4 hours). […]

Bitcoin Price Saw Increase In Volatility, Here’s Why The Bulls Are Safe

Bitcoin Price Saw Increase In Volatility, Here’s Why The Bulls Are Safe

Bitcoin price saw a couple of wild moves above the $28,500 pivot level. BTC is now rising and showing positive signs above the $28,800 level. Bitcoin climbed sharply and then nosedived to revisit the $27,250 support. The price is trading above $28,000 and the 100 hourly Simple moving average. There is a key bullish trend […]

Bitcoin Price Flash Crashes 6% In Under 60 Minutes, What Happened?

Bitcoin Price Flash Crashes 6% In Under 60 Minutes, What Happened?

Bitcoin price was trading in the green today, up about $1,500 at the high. The top cryptocurrency by market cap also made another attempt at $30,000 around mid-day.  Shortly thereafter, in the span of less than 60 minutes, BTCUSD flash crashed by more than 6%, leaving the marker bewildered. Here is a closer look at […]

This Highly Profitable Bitcoin Cross Has Just Formed Again

This Highly Profitable Bitcoin Cross Has Just Formed Again

On-chain data shows that a Bitcoin cross that has proved quite profitable has once again formed for the cryptocurrency. Bitcoin Realized Price Of Short-Term Holders Overtakes Long-Term Holders As an analyst in a CryptoQuant post explained, the realized price of the 1 to 3 months holders has just exceeded that of the 6 to 12 […]