Archives par catégorie: Business

What To Expect As Bitcoin Pictures Bullish Divergence On Chart?

What To Expect As Bitcoin Pictures Bullish Divergence On Chart?

The Bitcoin price has been making a slight recovery on its chart. Although the coin has been consolidating over the past few weeks, BTC has been attempting to make an upward movement. Over the last 24 hours, the coin has registered a 0.6% appreciation. Looking at the weekly progress, BTC has been stuck between two […]

Why Bitcoin Will Come Out Ahead In A Recession, Top Analyst Claims

Why Bitcoin Will Come Out Ahead In A Recession, Top Analyst Claims

Bitcoin keeps moving with no clear direction in the first week of 2023. Following a rejection from a critical resistance zone, the cryptocurrency returned to its range and could be gearing up for a re-test of support.  In the meantime, altcoins are blooming, with many recording profits on high timeframes. As of this writing, Bitcoin […]

XRP Price Primed For Future Rally Following Ripple’s MENA Expansion

XRP Price Primed For Future Rally Following Ripple’s MENA Expansion

The XRP price has rather underperformed within the last two years. While XRP has fallen 90.04% from the all-time high of $3.40 on January 6, 2018, Bitcoin (-75.76%) and Ethereum (-74.52%) show considerably smaller losses. One of the main reasons for this is probably the lawsuit filed against Ripple by the U.S. Securities and Exchange […]

Mt. Gox Payout Deadline Postponed Again, Next Bitcoin Price Dump In 2023?

Mt. Gox Payout Deadline Postponed Again, Next Bitcoin Price Dump In 2023?

One concern for Bitcoin investors has taken a back seat in recent weeks and months amid macroeconomic headwinds and crypto-intrinsic contagion effects: the release of recovered BTC from Mt Gox. Originally, users of what was once the largest Bitcoin exchange were supposed to file their claims by January 10, 2023. Shortly after that, payouts were […]

USDD Stablecoin Faces Possible Collapse Amid Huobi Insolvency Rumors

USDD Stablecoin Faces Possible Collapse Amid Huobi Insolvency Rumors

The bear market deepens as negative news and FUD keep popping up. The latest on the list of fear-causing information is Justin Sun’s USDD stablecoin and popular crypto exchange Huobi.  Mike Alfred, an investor serving as a board member of BTC miner Iris Energy and digital asset investment platform Eaglebrook Advisors, earlier today voiced out […]

Ethereum Gains 4.5% in Weekly Timescale As Shanghai Upgrade Nears

Ethereum Gains 4.5% in Weekly Timescale As Shanghai Upgrade Nears

Ethereum, the king altcoin, has been generating a lot of buzz lately. According to CoinGecko, the coin appreciated by 4.5% in the weekly timescale. This is because of the upcoming “Shanghai” upgrade which is expected to improve the overall usability of Ether’s Layer 1 chain.  The term “Layer 1” describes the fundamental components of a […]

Binance Acquisition Moves See BNB Riding A Wave of Enthusiasm

Binance Acquisition Moves See BNB Riding A Wave of Enthusiasm

Crypto exchange Binance and its CEO Changpeng Zhao are making headlines once again as news of the company’s acquisition moves hit the industry. According to recent news, Binance acquired a 41% stake on Korean crypto exchange Gopax. The deal was originally scheduled to be revealed last year, and it involved Binance buying the stock holding […]

Cardano: Growing Whales’ Appetite Gives ADA Price More Flavor

Cardano: Growing Whales’ Appetite Gives ADA Price More Flavor

Following the overall decline in the crypto market, Cardano recorded a two-year low. The coin fell to $0.24 through a four-week bearish impact. ADA lost over 25% of its value through its fall in December 2022. Volatility remains one of the notable attributes of the crypto industry. Sometimes, the price action of crypto assets is […]

Bitcoin: This Crypto Strategist Foresees A BTC Price Reversal Soon

Bitcoin: This Crypto Strategist Foresees A BTC Price Reversal Soon

Bitcoin analysts are following up on BTC price trends as the 2022 bear market drags into the beginning of 2023. The crypto market is slightly recovering from the FTX fiasco that caused most of the crypto assets to plunge. According to a famous crypto analyst, Kelvin Svenson, one technical indicator could end Bitcoin’s bear market. […]

Bitcoin Price Remains In Bullish Zone For A Push To $18K, Here’s Why

Bitcoin Price Remains In Bullish Zone For A Push To $18K, Here’s Why

Bitcoin price started a downside correction from the $17,000 resistance. BTC found support near $16,750 and might soon attempt an upside break above $17,000. Bitcoin is showing bullish signs above the $16,600 and $16,750 levels. The price is trading above $16,750 and the 100 hourly simple moving average. There is a crucial bullish trend line […]

Ethereum Price Consolidates Gains, Why ETH Could Start Another Increase

Ethereum Price Consolidates Gains, Why ETH Could Start Another Increase

Ethereum climbed higher and tested the $1,275 resistance zone against the US Dollar. ETH is consolidating gains and might aim a fresh move above the $1,300 resistance. Ethereum struggled to climb higher above the $1,275 and $1,280 resistance levels. The price is now trading above $1,230 and the 100 hourly simple moving average. There is […]

MATIC Holders Suffer Massive Losses, Here’s How Many Wallets Are In The Red

MATIC Holders Suffer Massive Losses, Here’s How Many Wallets Are In The Red

MATIC’s price looks to be holding up quite well in the market given current circumstances, but given how much the crypto’s price has fallen from its 2021 all-time high price, the vast majority of its holders are still nursing losses from their investments. 80% Of MATIC Investors Suffer Losses Data from the on-chain analysis platform […]

Short-Term Bitcoin Rally Loses Steam, Uncertainty To Dominate Price Action?

Short-Term Bitcoin Rally Loses Steam, Uncertainty To Dominate Price Action?

Bitcoin (BTC) is back to its range after a failed attempt to reclaim previously lost territory, with a likelihood of seeing further losses. The crypto market has seen a weak price action in 2023, but BTC has been notably more fragile than other digital assets.  As of this writing, Bitcoin trades at $16,800 with sideways […]

Ethereum Surges 4% As Whales Show Elevated Activity

Ethereum Surges 4% As Whales Show Elevated Activity

Ethereum has seen an upwards push of 4% in the last couple of days as whales have displayed elevated levels of activity. Ethereum Whale Transactions At Highest Level Since December 16th As per data from on-chain analytics firm Santiment, whales have made 611 transactions in the past day. The relevant indicator here is the “whale […]