Archives par catégorie: Business

MATIC Price Prediction: Rally Could Resume Above $1.05

MATIC Price Prediction: Rally Could Resume Above $1.05

MATIC price started a fresh increase from the $0.80 support zone. Polygon bulls are now aiming a another increase above the $1.05 resistance zone. MATIC price started a decent increase above the $0.85 resistance against the US dollar. The price is trading above $0.92 and the 100 simple moving average (4-hours). There is a key […]

Ethereum Price Gearing For Lift-Off to $1,800: Rally Isn’t Over Yet

Ethereum Price Gearing For Lift-Off to $1,800: Rally Isn’t Over Yet

Ethereum gained pace above the $1,500 resistance zone against the US Dollar. ETH is consolidating gains and might aim a fresh rally towards the $1,650 level. Ethereum started a decent increase above the $1,500 and $1,520 resistance levels. The price is now trading above $1,520 and the 100 hourly simple moving average. There is a […]

Bitcoin Price Consolidates Below Resistance and At Risk of Minor Pullback

Bitcoin Price Consolidates Below Resistance and At Risk of Minor Pullback

Bitcoin price is facing resistance near the $21,500 zone. BTC could correct lower if there is a clear move below the $20,880 support zone. Bitcoin seems to be facing a strong resistance near the $21,450 and $21,500 levels. The price is trading above $20,500 and the 100 hourly simple moving average. There is a key […]

Shiba Inu Devs Set To Unveil Shibarium L2 Network Beta

Shiba Inu Devs Set To Unveil Shibarium L2 Network Beta

The beta testnet of Shibarium will soon release, benefiting the entire Shiba Inu community. Shibarium is a layer-2 network operable on the Ethereum mainnet. After the release of Shibarium, the Shina Inu community can build and grow projects. The release of Shibarium will address the scalability, speed, and expense challenges facing the existing projects on […]

Cronos (CRO) Prints Over 9% Gains In A Day While Market Sees Correction

Cronos (CRO) Prints Over 9% Gains In A Day While Market Sees Correction

As crypto assets recover from the 2022 crypto winter, Cronos (CRO) has recorded massive gains in 24 hours. Cronos’ trading volume has spiked by 301.28%, showing that the coin has attracted more trading activity. Generally, the crypto market has seen a slight price increase. Bitcoin, the number one cryptocurrency, has enjoyed a positive rally and […]

Why A Morning Star Reversal Could Awaken A Monster Bitcoin Rally

Why A Morning Star Reversal Could Awaken A Monster Bitcoin Rally

Bitcoin price is already turning heads after reclaiming $20,000 per coin, but if the current monthly candle closes on BTCUSD price charts, the top cryptocurrency will satisfy the conditions of a morning star reversal pattern.  The last time the signal occurred at the bottom of a major downtrend, Bitcoin began a two-year-long bull run in […]

Crypto.com Decides To Let Go 20% Of Its Current Workforce

Crypto.com Decides To Let Go 20% Of Its Current Workforce

The crypto industry continues to stagger under a massive wave of layoffs that have been occurring in recent times. Among the recent companies from the sector, Crypto.com has planned on axing 20% of its workforce. The Singapore-based company, Crypto.com, has confirmed its decision via a blog post. According to Co-Founder and CEO Kris Marszalek, the […]

Ethereum Hits Monthly High And Turns Deflationary Again

Ethereum Hits Monthly High And Turns Deflationary Again

The Ethereum price rally is on an upward trajectory since the last fortnight. Performing a little over Bitcoin’s growth, Ethereum gained 30%. On the morning of 16th January, Ethereum woke up to exciting news as Ethereum is riding high on the $1600 market price.  This comes after several contributory factors play a role in the […]

Will New Interchain Station Wallet Launch Spike LUNC Price, Any Possibility?

Will New Interchain Station Wallet Launch Spike LUNC Price, Any Possibility?

After the collapse of the popular blockchain network Terra, developers have been trying to revive it; many reforms have already taken place to sustain the Terra Classic (LUNC and prevent further collapse). Terra Classic, the original blockchain, was forked to create Terra (LUNA). Among these reforms is a recent integration with Interchain Station. The news […]

Lazarus Group Transfers $64M ETH From Harmony Bridge Hack

Lazarus Group Transfers $64M ETH From Harmony Bridge Hack

During the weekend, the notorious North Korean hacking gang Lazarus Group started transferring stolen money in the Harmony Bridge attack. Notably, the organization transferred over $63.5 million, or approximately 41,000 ETH.  On January 16, blockchain detective ZachXBT published information about the transfer of a significant amount of Ethereum. The cryptocurrency assets which originated from Tornado […]

What Matters In Crypto This Week: Will Bitcoin Keep Pumping?

What Matters In Crypto This Week: Will Bitcoin Keep Pumping?

Even though the next FOMC meeting of the U.S. Federal Reserve is still more than two weeks away, there are significant macroeconomic as well as crypto and Bitcoin-intrinsic events this week that investors should keep an eye on. As in previous weeks and months, it is very likely that the macro environments will steer the […]

Bitcoin Price Surges With Whale Activity, What Happens Now?

Bitcoin Price Surges With Whale Activity, What Happens Now?

The cryptocurrency market continues to show signs of improvement. Bitcoin, the number one cryptocurrency, has continued its price upswing as its breaks above its 200-day moving average. In addition, the market generally has recovered, as crypto enthusiasts believe the crypto winter is close to its end. The  U.S. Consumer Price Index (CPI) report has given […]

Polkadot: Why Recent On-Chain Feats Could Trigger Strong Investor Sentiment 

Polkadot: Why Recent On-Chain Feats Could Trigger Strong Investor Sentiment 

Polkadot has been riding the crypto wave since the start of the broader market rally. According to CoinGecko, the biggest gainers in the entire space are altcoins. Polkadot (DOT) is among them. Although the token has been finding gains in the past two weeks, DOT has been down almost 3% in the past 24 hours. […]

Glassnode Points Out This Bizarre Consistency In Bitcoin Cycles

Glassnode Points Out This Bizarre Consistency In Bitcoin Cycles

Glassnode has pointed out a bizarre consistency between the current and previous Bitcoin cycles in terms of a metric, here’s what. Bitcoin Breaks Above 200-Day Simple Moving Average Line A “simple moving average” (SMA) is an analytical tool that produces an average of any given quantity over a specific period of time. As its name […]

Bitcoin Miners Show Signs Of Dumping, Bad For Rally?

Bitcoin Miners Show Signs Of Dumping, Bad For Rally?

On-chain data shows Bitcoin miners could be dumping right now, a sign that could provide an impedance to the rally. Bitcoin Miners’ Position Index Has Shot Up Recently As pointed out by an analyst in a CryptoQuant post, miners may be putting selling pressure on the market currently. The relevant indicator here is the “Miners’ […]

Bitcoin Hash Ribbons Trigger Buy Signal, Has Miner Capitulation Concluded?

Bitcoin Hash Ribbons Trigger Buy Signal, Has Miner Capitulation Concluded?

The collapse of FTX triggered a historic event for the Bitcoin market. In late November, the hash ribbons indicator signaled the beginning of a second wave of Bitcoin miner capitulation within one cycle. As NewsBTC reported, the hash rate dropped dramatically while some of the largest miners reported bankruptcy and dumped their BTC holdings on […]