Archives par catégorie: Business

Cardano’s Aggressive Development Activity Will Withstand Bear Assault At $0.3?

Cardano’s Aggressive Development Activity Will Withstand Bear Assault At $0.3?

The crypto market’s rally is losing strength, forcing significant cryptocurrencies, such as Bitcoin, Ethereum, and Cardano, back to their support regions. The latter has been deploying products and development that hint at a longer bullish trend. As of this writing, Cardano (ADA) trades at $0.35 with a 5% loss in the last 24 hours. Over […]

Bitcoin Short-Term Holder Profit-Taking Spikes, Will BTC Price Recover?

Bitcoin Short-Term Holder Profit-Taking Spikes, Will BTC Price Recover?

On-chain data shows Bitcoin short-term holder profit-taking has spiked, will this lead to a correction in the price of the crypto? Bitcoin Short-Term Holder SOPR Has Surged Recently As pointed out by an analyst in a CryptoQuant post, instances of the current trend have led to declines in the crypto’s price in the past. The […]

Why This Analyst Thinks Traders Should Not Be Bearish On Solana

Why This Analyst Thinks Traders Should Not Be Bearish On Solana

For traders thinking Solana is controlled by the bears, a popular crypto market analyst, Chris Burniske, is giving a fresh perspective of hope for the major altcoin.    According to the former lead of Ark Invest’s crypto department, those who think that SOL is generally bedridden in a bearish mood are mistaken. SOL Sets To […]

TRON As Currency: Kingdom Of The Netherlands To Adopt TRON As Legal Tender

TRON As Currency: Kingdom Of The Netherlands To Adopt TRON As Legal Tender

On January 24, Justin Sun, TRON Founder, announced that St. Maarten has expressed his wishes to adopt TRON which is alongside TRON’s goals of massive adoption on a global scale. St. Maarten bares plans of adopting TRON TRX price down by 3.31% Price to peak by Q2 of 2023; could potentially shoot to $0.0973 St. […]

1inch Foundation Allocates 10 Million Tokens To The Delegation Incentive Program

1inch Foundation Allocates 10 Million Tokens To The Delegation Incentive Program

1inch Network, a DEX aggregating platform, has allocated 10 million INCH tokens to its Delegation Incentive Program, a press release on January 24 shows. The goal is to incentivize more 1INCH stakers to delegate their Unicorn Power to resolvers. Incentivize 1inch Stakers’ Delegation To Resolvers 1inch Network wants to increase the number of resolvers within its […]

Here’s Why The Bitcoin Price Rally Stalled For Now

Here’s Why The Bitcoin Price Rally Stalled For Now

The Bitcoin price rally has stalled for five days now. After BTC experienced a furious surge from $21,000 to $23,000 last Friday, the price is now in a consolidation phase. The reasons for this are diverse. As NewsBTC reported, Bitcoin’s Relative Strength Index (RSI) on a daily basis is showing severe overheating. The technical indicator […]

Celo Votes To Increase Minimum Gas Threshold

Celo Votes To Increase Minimum Gas Threshold

Celo, a mobile-focused smart contracting platform compatible with Ethereum’s virtual machine, is voting on a proposal to increase the network’s minimum gas threshold.  Voting for Celo Governance Proposal 0066 started today, Wednesday, January 18, and ends on Friday, January 27. As of the time of writing, the turnout stands at 2.6% of the total supply, with 6,840,826 […]

Number Of New Ethereum Validators Remains Flat Ahead Of Shanghai Upgrade

Number Of New Ethereum Validators Remains Flat Ahead Of Shanghai Upgrade

There is no marked shift in the number of new addresses depositing the required 32 ETH, the minimum amount required to be deposited into the Beacon Chain for holders who wish to operate a validator node, into the official Beacon Chain Deposit Address ahead of the Shanghai Upgrade on Ethereum. The Shanghai Upgrade is scheduled […]

Avalanche Crumbles 10% – Was The AVAX Rally A Bull Trap? 

Avalanche Crumbles 10% – Was The AVAX Rally A Bull Trap? 

Avalanche has been going up the chart ladder since the start of the year, following the broader crypto market rally as major cryptocurrencies break through crucial resistances. But right now, its native token AVAX seems to have found itself a new ceiling.  According to Coingecko, AVAX is down 10% in the daily time frame, landing […]

Number of New Ethereum Smart Contracts Falls 60% in 2023

Number of New Ethereum Smart Contracts Falls 60% in 2023

Ethereum prices might be solid, and bulls are looking to drive the coin toward $1,700, but on-chain data points to dropping activity from developers judging from the number of new smart contracts deployed in the first three weeks of January. Number Of Smart Contracts Deployed On Ethereum Falling The number of new smart contracts deployed […]

DOT Price (Polkadot) Indicators Suggest Strong Case For Fresh Rally

DOT Price (Polkadot) Indicators Suggest Strong Case For Fresh Rally

Polkadot’s DOT started a fresh increase from the $5.60 support against the US Dollar. It correcting gains, but indicators suggest high chances of a fresh increase. DOT is holding the ground above the $6.00 and $5.80 levels against the US dollar. The price is trading nicely above the $6.00 support and the 100 simple moving […]

Quant (QNT) Adds 8% In The Last 24 Hours, Will It Continue To Soar?

Quant (QNT) Adds 8% In The Last 24 Hours, Will It Continue To Soar?

Like most cryptocurrencies, Quant (QNT) has witnessed a considerable price rally over the past weeks. The token has added more than 8.24% over the past 24 hours. Even the broader cryptocurrency market has recently seen tremendous improvement in its prices. Reports revealed that the cryptocurrency market outperformed the traditional equity market. QNT saw a 14-day […]

Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

Ethereum started a downside correction below $1,600 against the US Dollar. ETH is down over 6% and remains at a risk of a drop below the $1,480 support. Ethereum is showing a few bearish signs below the $1,600 and $1,580 levels. The price is now trading below $1,600 and the 100 hourly simple moving average. […]

Bitcoin Price Just Saw Technical Correction But Key Uptrend Support Intact

Bitcoin Price Just Saw Technical Correction But Key Uptrend Support Intact

Bitcoin price started a downside correction below $23,000. BTC is testing an important support and might start a fresh increase towards $23,500. Bitcoin started a downside correction and declined below the $23,000 support zone. The price is trading below $23,000 and the 100 hourly simple moving average. There is a major bullish trend line forming […]

80% Of Uniswap Holders Support BNB PoS Chain For Deploying V3 Protocol

80% Of Uniswap Holders Support BNB PoS Chain For Deploying V3 Protocol

Uniswap (UNI), a decentralized protocol, is ready to roll out the third version of its platform. The protocol aims to provide a suitable platform where users can seamlessly swap ERC-20 tokens without using an order book. For the v3 launch, the protocol carried out a ‘temperature test’ for a possible blockchain to use. The proposal […]

SushiSwap To Redirect 100% Trading Fees To Treasury

SushiSwap To Redirect 100% Trading Fees To Treasury

While the DeFi market has continued to mirror the crypto market rally, more innovations have been introduced to the ecosystem. In today’s news, SushiSwap, the sixth-largest decentralized exchange (DEX) by 24 hours trading volume, has passed a proposal to relocate 100% of its trading fees to the SushiSwap treasury for maintenance and expenses. Related Reading: […]

Chiliz (CHZ) Continues To Record Significant Gains, Moves Over 5% In The Last Day

Chiliz (CHZ) Continues To Record Significant Gains, Moves Over 5% In The Last Day

The global cryptocurrency market cap stands at $1.05 trillion, representing a 0.19% increase in the last day. As the cryptocurrency market continues to rally, altcoins are posting incredible gains. For instance, Chiliz’s price is gaining today, reflecting the positive moves of the general market. CHZ’s trading volume has also increased by 82.02% in 24 hours, […]

Bitcoin Surges To 23,000 As Miners Sales Sees Multi-Year Low

Bitcoin Surges To 23,000 As Miners Sales Sees Multi-Year Low

Bitcoin has continued with its bullishness as it surged its price above the USD$23,000 level, a positive signal amid miners reduced the sales of their mined coins. On-chain flows flagged by Bitifinex analysts indicate that the amount of Bitcoin moved from Bitcoin mining addresses to wallets owned by cryptocurrency exchanges has declined to multi-year lows. […]