Archives par catégorie: Business

Bitcoin STH SOPR Breaks Above 1 For First Time Since December

Bitcoin STH SOPR Breaks Above 1 For First Time Since December

On-chain data shows the Bitcoin short-term holder SOPR has broken above one for the first time since December 2021. Bitcoin Short-Term Holders Return To Profit Once Again As pointed out by an analyst in a CryptoQuant post, the BTC STH SOPR has once more broken past the “one” barrier. The “Spent Output Profit Ratio” (or […]

Uniswap Launches Product In The Midst Of Lawsuit, UNI Reacts To The Downside

Uniswap Launches Product In The Midst Of Lawsuit, UNI Reacts To The Downside

Uniswap’s governance token UNI has been trending to the downside following the general sentiment in the market. The token records a 2% loss during the last day as two major events take UNI holders’ attention and could suggest more downside price action for the short term. Related Reading | Uniswap Registers Yearly Low: Vital Trading Levels […]

A Peek Into the Wallex Ecosystem

A Peek Into the Wallex Ecosystem

With lots of cryptocurrency protocols in the virtual space, there’s still a need to create a balance between fiat and digital currencies. The major bridge comes on compliance and AML levels, as many people have devised their means of circumventing the necessary procedure. Wallex brings outstanding measures and is pioneering as the lead in creating […]

Bitcoin Rebounds Nearly 6% As the US, UK Report Multi-Year High Inflation

Bitcoin Rebounds Nearly 6% As the US, UK Report Multi-Year High Inflation

The popular penny token Shiba Inu has revealed details of its much-anticipated virtual reality project, “SHIB: The Metaverse.” Ethereum’s native cryptocurrency, Ether, has been set as a land pricing token. The new venture from the famous meme coin will comprise 100,595 plots, some of which will remain private. The sequence of lands will be released […]

A Peek Into the Wallex Ecosystem

A Peek Into the Wallex Ecosystem

With lots of cryptocurrency protocols in the virtual space, there’s still a need to create a balance between fiat and digital currencies. The major bridge comes on compliance and AML levels, as many people have devised their means of circumventing the necessary procedure. Wallex brings outstanding measures and is pioneering as the lead in creating […]

TA: Why Bitcoin Price Could Eye Strong Recovery Above $41.5K

TA: Why Bitcoin Price Could Eye Strong Recovery Above $41.5K

Bitcoin is correcting losses and trading above $41,000 against the US Dollar. BTC could gain bullish momentum above $41,350 and $41,500. Bitcoin remained well bid above $39,250 and started a fresh increase. The price is now trading above $41,000 and the 100 hourly simple moving average. There was a break above a connecting bearish trend […]

Ethereum At $3028, Where Is The Next Critical Support Level For ETH?

Ethereum At $3028, Where Is The Next Critical Support Level For ETH?

Ethereum was priced at $3030 and the altcoin king noted a sharp decline of 11% in the past week. Major cryptocurrencies are all on a downtrend, after breaking past their immediate support levels. Bitcoin was priced below $40k and had declined by 12% over the past week. The global cryptocurrency market cap stood at $1.96 […]

Only In Crypto: A Pastry Denounces Coinbase’s Listing Process

Only In Crypto: A Pastry Denounces Coinbase’s Listing Process

Crypto exchange Coinbase has generated controversy due to its listing process. The platform recently posted a list of possible projects to include which, according to pseudonym user PastryETH, makes some wonder if Coinbase is “willfully ignorant, or intentionally deceiving?”. Related Reading | Arthur Hayes’ Crystal Ball Predicts: Bitcoin And Ethereum To See Carnage In June Some […]

Bitcoin Mimics Textbook Market Sentiment Cycle, What Happens When Confidence Returns?

Bitcoin Mimics Textbook Market Sentiment Cycle, What Happens When Confidence Returns?

Markets are cyclical and go through alternating periods of positive and negative sentiment, with price action following the tone across the market. Although these changes appear to be difficult to predict, Bitcoin price is currently following a textbook market sentiment cycle chart from the book The Nature of Risk. If what follows in the book […]

Crypto Market Goes Into “Extreme Fear”, What’s Next?

Crypto Market Goes Into “Extreme Fear”, What’s Next?

With the recent crypto market decline, investors have become more fearful of the market. Recorded on the Fear & Greed Index, it shows that this remains an incredibly frightening time for users of cryptocurrencies. In times like these when the prices of digital assets continue to slide down, it is expected that investors become warier. […]

Metaverse Fashion Week 2022

Metaverse Fashion Week 2022

With Metaverse’s growing popularity, the digitalization of the fashion industry is inevitable, but for it to gain traction in the mainstream, we still need new technologies and digital breakthroughs. Digital fashion has progressed so far that it already needs its own fashion week, with everything it implies: from runway shows and new collection presentations to […]

Eurus-Based MappedSwap to Award 800,000 MST in a One-Month Campaign

Eurus-Based MappedSwap to Award 800,000 MST in a One-Month Campaign

MappedSwap, a high-performance decentralized swapping protocol supporting up to 10X leverage for on-chain margin trading, will award 800,000 MST to its global community in a month-long campaign from April 13, 2022. According to the DEX, the campaign’s objective is to popularize some of the protocol’s exciting features, including a staking feature suitable for preserving value […]

London-based blockchain game developer, First Light Games completes a $5 million token sale funding round

London-based blockchain game developer, First Light Games completes a $5 million token sale funding round

First Light Games has successfully completed a $5 million private token sale round led by Animoca Brands and Mechanism Capital to develop its play-to-earn mobile-based game, Blast Royale. In an announcement today, London-based game development firm, First Light Games successfully closed a $5 million private token sale in an effort to boost the development and […]

Foresight Ventures Guided Early-Stage Builders on Their Web3 Journey as Bitcoin 2022 Sponsor

Foresight Ventures Guided Early-Stage Builders on Their Web3 Journey as Bitcoin 2022 Sponsor

More than 30,000 crypto enthusiasts flocked to Miami for industry’s flagship annual conference Bitcoin 2022 in Miami was a rousing success as expected, with tens of thousands of crypto enthusiasts and industry luminaries descending on the city for the annual event, and Foresight Ventures was there for every thrilling moment as an event sponsor. Foresight […]

The Ronin Hack Aftermatch: Axie Infinity’s $1M Bug Bounty

The Ronin Hack Aftermatch: Axie Infinity’s $1M Bug Bounty

The popular blockchain game Axie Infinity has been left shaking after the $650 million Ronin bridge hack. The studio behind the game, Sky Mavis, has been taking multiple measures to try to secure the network and win back the confidence of users. The latest move announced is a $1 million bug bounty program that invites […]

TA: Ethereum Steadies Above $3K, Why Upsides Could be Capped

TA: Ethereum Steadies Above $3K, Why Upsides Could be Capped

Ethereum is attempting an upside correction above $3,000 against the US Dollar. ETH price must clear $3,130 and the 100 hourly SMA to continue higher. Ethereum started an upside correction from the $2,950 zone. The price is still trading below $3,100 and the 100 hourly simple moving average. There was a break above a key […]