Archives par catégorie: Business

Terra Classic (LUNC) Crashes 11% After This Binance Change

Terra Classic (LUNC) Crashes 11% After This Binance Change

The Terra Classic (LUNC) price has been boosted in recent days by a rumor that the world’s second-largest exchange, Coinbase, might buy and list the token. As NewsBTC reported, the rumor originated from an anonymous source in the Terra Classic community. However, the credibility of the rumor is more than questionable. Nevertheless, the community seemed […]

Cardano (ADA) Extremely Undervalued? On-Chain Data Suggests So

Cardano (ADA) Extremely Undervalued? On-Chain Data Suggests So

Cardano is one of the altcoins that has been hit the hardest by the bear market. Created by former Ethereum co-founder Charles Hoskinson, the coin is 91.6% below its all-time high of $3.10, which was reached on September 1, 2021. Thus, ADA is performing much worse than its main competitor Ethereum. ETH reached its all-time […]

Litecoin Bullish Signal: Shark And Whale Addresses Hit 2-Year High

Litecoin Bullish Signal: Shark And Whale Addresses Hit 2-Year High

On-chain data shows the combined Litecoin address count of sharks and whales is now at a 2-year high, a signal that could be bullish for the asset’s value. Litecoin Addresses Holding More Than 1,000 LTC Now At Highest Level Since 2020 As per data from the on-chain analytics firm Santiment, LTC has been climbing strongly […]

NEAR Struggles As Bulls Aim To Flip $1.45 Resistance Into Support

NEAR Struggles As Bulls Aim To Flip $1.45 Resistance Into Support

NEAR, the native crypto of Near Protocol, seems to continue mirroring the trajectory of Bitcoin, one of the main driving forces of the cryptocurrency industry. The largest crypto asset boasting a total market capitalization of $320.76 billion has so far failed to establish a strong upward momentum that will enable it to exit 2022 with […]

Ethereum Price Could Resume Decline If This Support Paves Way

Ethereum Price Could Resume Decline If This Support Paves Way

Ethereum started a fresh decline from the $1,230 resistance against the US Dollar. ETH could accelerate lower if there is a clear move below the $1,180 support. Ethereum is showing bearish signs and trading well below the $1,230 resistance zone. The price is now trading below $1,200 and the 100 hourly simple moving average. There […]

Litecoin, ‘2nd Most Active Crypto,’ Rises After Analyst Called LTC Holders ‘Idiots’

Litecoin, ‘2nd Most Active Crypto,’ Rises After Analyst Called LTC Holders ‘Idiots’

Litecoin, an altcoin being hailed as the “digital silver” of the cryptocurrency space, has once again rewarded its faithful investors and holders as it mounted a massive recovery after bottoming out at $60. Interestingly, the token made its bounce back shortly after CNBC host Jim Cramer went out of his way to call holders of […]

Bitcoin Price Stuck In Crucial Range, 2023 Breakout Looms

Bitcoin Price Stuck In Crucial Range, 2023 Breakout Looms

Bitcoin price is still trading in a range below the $17,000 resistance. BTC could witness a major breakout as we approach the New Year 2023. Bitcoin failed to clear the $17,000 and $17,200 resistance levels. The price is trading below $16,800 and the 100 hourly simple moving average. There was a break below a major […]

Exploiter Of “Highly Profitable Trading Strategy” Arrested In Puerto Rico

Exploiter Of “Highly Profitable Trading Strategy” Arrested In Puerto Rico

A few months can feel like a lifetime in crypto. However, it probably hasn’t felt like long enough for Mango Markets exploiter Avraham Eisenberg, who was taken into custody in Puerto Rico this week. Eisenberg gained notoriety on crypto Twitter after describing his nine-figure exploit of the Solana-based protocol as “a highly profitable trading strategy.” […]

Dogecoin Among Most Searched Cryptos Of The Year, Will It Keep Its Spot In 2023?

Dogecoin Among Most Searched Cryptos Of The Year, Will It Keep Its Spot In 2023?

The price of Dogecoin (DOGE) follows the general trend in the crypto market and only records sideways activity. Due to the holiday season, the trading volume across global markets decreased, leading to stagnation in the nascent sector.  As of this writing, Dogecoin trades at $0.074 with a 1% loss in the last 24 hours. In […]

Why The Bitcoin Mining Hashrate May Not Be Out Of The Woods Just Yet

Why The Bitcoin Mining Hashrate May Not Be Out Of The Woods Just Yet

The bitcoin mining hashrate took a sharp nosedive as a historical storm tore through multiple US states. This saw power grids consolidate power to be able to provide enough energy for residents to heat their homes and some mining operations had to wind down to free up more of the electrical. There has been an […]

Analyst Explains Why Ethereum Is Bullish Against Bitcoin

Analyst Explains Why Ethereum Is Bullish Against Bitcoin

An analyst has explained that the absence of miners on the Ethereum network could be bullish for the ETHBTC ratio. Miners Provide A Persistent Selling Pressure On Bitcoin As explained in a tweet by Tom Dunleavy, a Messari research analyst, BTC miners sell almost all the coins they mine. The below chart contains data about […]

Terra Classic (LUNC) Beats The Odds With 16% Rally, More Gains Ahead

Terra Classic (LUNC) Beats The Odds With 16% Rally, More Gains Ahead

Terra Classic (LUNC) continues to show strength in the market despite losing over 99.9% of its value about 8 months prior. The digital asset which has now been reduced to the meme coin level still produces massive gains. Presently, LUNC is seeing double-digit gains even at a time when the majority of the market remains […]

Is SOL About To Crumble? Major NFT Projects Plan To Switch To Other Blockchains

Is SOL About To Crumble? Major NFT Projects Plan To Switch To Other Blockchains

In the preceding 24 hours, the sentiment of the cryptocurrency market as a whole was mixed, as the majority of top cryptocurrencies experienced mixed price changes. Solana is in a difficult position, since two of the ecosystem’s most prominent NFT projects are abandoning its network for rivals.  The outlook on the crypto remains bearish in 2022. On […]

Chiliz (CHZ) Finds Cover At This Level For Some Temporary Relief

Chiliz (CHZ) Finds Cover At This Level For Some Temporary Relief

Chiliz (CHZ) looks bearish as it shaved off as much as 64% in 50 days. This entertainment- and sport-based blockchain platform is built on Socios and allows fans to interact with sporting brands and teams. Here’s a quick glance at how the crypto is performing so far: Chiliz plunges by 0.70% Sellers are seen to […]

Bitcoin Miner Selling Power Plunges, Green Signal For Price?

Bitcoin Miner Selling Power Plunges, Green Signal For Price?

On-chain data shows the Bitcoin miner selling power has plunged recently, a sign that could be positive for the crypto’s price. Bitcoin Miner Selling Power Has Plummeted In Recent Days As pointed out by an analyst in a CryptoQuant post, there has been less selling pressure from the miners recently. There are two relevant indicators […]

Shiba Inu Lead Dev Ignites Buzz About New Partnership, SHIB Price Stagnates

Shiba Inu Lead Dev Ignites Buzz About New Partnership, SHIB Price Stagnates

While the Shiba Inu (SHIB) price has been stagnant since mid-November, the latest cryptic news from the meme cryptocurrency’s lead developer could provide fresh fuel for a rally. As the SHIB community observed, Shytoshi Kusama has once again updated his profile. The Shiba Inu lead developer’s status now reads “We Are Not Alone.” In addition, […]

Institutional Crypto Predictions For 2023: Ethereum, BTC, L2s, NFTs

Institutional Crypto Predictions For 2023: Ethereum, BTC, L2s, NFTs

No less than three renowned crypto institutions have recently given their predictions for the coming year 2023 – and there seems to be one favorite: Ethereum. Other main themes for Coinbase, Darma Capital, and Cumberland include the migration of investors to quality projects, the burgeoning innovation from creative destruction, and some fundamental reforms for the […]

Why USDT Is Plunging While Other Stablecoins Are Not

Why USDT Is Plunging While Other Stablecoins Are Not

Stablecoin adoption has grown immensely, observed especially following the collapse of Terra. USDC and USDT have seen sizeable growth, but USDT has a lot of keeping up to do with its value plunging as of press time. USDT trades at $0.09999 as of this writing Stablecoin waning in terms of social mentions and engagements Tether […]