Archives par catégorie: Business

Market Jolt: Bitcoin Falls Below $42,000 As Short Term Holders Rush To Cash In

Market Jolt: Bitcoin Falls Below $42,000 As Short Term Holders Rush To Cash In

Bitcoin is currently witnessing a decline in price, with its value dropping below the $42,000 mark. This movement comes on the heels of a significant uptick in the circulating supply of profitable Bitcoin, prompting a wave of profit-taking among investors. ETC Group’s Head of Research, André Dragosch, highlights this trend, noting an increase in Bitcoin […]

How To Take A Long And Short Position In Crypto

How To Take A Long And Short Position In Crypto

In crypto trading, mastering a long and short position is crucial for success. This guide dives into the essentials like “what is a short position” and “what is covering shorts” as well as strategies for both long & short crypto trading, tailored for traders at all levels. Uncover the strategies behind long positions, aimed at […]

Crypto Sentiment Index Stays Bullish Despite Corrections, Report Reveals Positive Outlook

Crypto Sentiment Index Stays Bullish Despite Corrections, Report Reveals Positive Outlook

In a recent blog post, ETC Group’s Head of Research, Andre Dragosh, provided a comprehensive analysis of the current state of the crypto market. Dragosh’s findings shed light on the market’s performance dynamics, profit-taking activity, and derivative trends. High-Risk Appetite In Crypto Market According to Dragosh’s analysis, crypto assets showcased their resilience as they outperformed […]

Bitcoin Vulnerability Discovered By A Developer Has Been Flagged By The US Government

Bitcoin Vulnerability Discovered By A Developer Has Been Flagged By The US Government

  Last week, a Bitcoin developer Luke Dashjr raised alarm about a possible vulnerability in the network in relation to the Bitcoin Ordinals that could lead to a code exploit. After posting his findings to social media, Dashjr’s warnings were not taken seriously as community members believed it was a non-issue. However, the US government […]

Galaxy Digital CEO Expresses Bullish Sentiment On XRP

Galaxy Digital CEO Expresses Bullish Sentiment On XRP

Galaxy Digital Chief Executive Officer Mike Novogratz has shared his recent optimistic view on XRP, its army, and Ripple, asserting that he was wrong about his earlier skepticism towards them. Related Reading: Analyst Places XRP As The Top Coin For The 2024-2025 Bull Run Mike Novogratz’s Recent View On XRP And Ripple The Galaxy CEO […]

Bitcoin Price In Turmoil: Major Events That Could Affect Price This Week

Bitcoin Price In Turmoil: Major Events That Could Affect Price This Week

The flagship cryptocurrency, Bitcoin, is currently flying high on the back of potential approval of the pending Spot Bitcoin ETF applications in January. However, this upward trend could cool off as this prominent crypto analysis platform outlined key events that are set to happen this week. “Huge Week Ahead” For Bitcoin In a post shared […]

Injective Protocol’s Social Activity Rising: Is INJ About To Explode?

Injective Protocol’s Social Activity Rising: Is INJ About To Explode?

According to AlphaScan data on December 12, social media activity on Injective Protocol (INJ) has steadily increased in the past day and week. This surge in interest has propelled INJ to the second-most mentioned token on social media, trailing only Bitcoin (BTC). Injective Social Media Activity Rising Specifically, data reveals that INJ received nearly 30% of […]

TradeWire Explained: AI-Based Analytical Tools for Smart Trading

TradeWire Explained: AI-Based Analytical Tools for Smart Trading

The fintech world is abuzz about the launch of TradeWire, an innovative analytics platform utilizing cutting-edge artificial intelligence to provide traders with game-changing insights and capabilities. TradeWire aims to revolutionize the playing field by democratizing access to robust technology that was previously only available to well-funded institutional firms. For the first time, ordinary investors can […]

Bitcoin $42,000 Support Under Pressure As Short Position Inflows Soar

Bitcoin $42,000 Support Under Pressure As Short Position Inflows Soar

Bitcoin (BTC) recently experienced a sharp decline, tumbling towards $40,000 amid a broader sell-off across the cryptocurrency market. While the most significant token managed to recover some losses, currently trading 4% lower at $42,000, concerns persist regarding the potential for further downside price action before a potential recovery. Investors Show Caution With Short-BTC Position Inflows […]

Crypto Analyst Predicts Short-Term XRP Price Rally To $18

Crypto Analyst Predicts Short-Term XRP Price Rally To $18

A crypto analyst has provided some optimism regarding the XRP price as many contemplate whether or not to continue to hold on to their XRP tokens. This comes as the crypto token’s underperformance has been a cause of concern to holders, with talks about a potential manipulation resounding through the community. XRP Price To Hit […]

Avalanche Rules Top 10 Ranking With 61% Weekly Gain – Here’s The Scoop

Avalanche Rules Top 10 Ranking With 61% Weekly Gain – Here’s The Scoop

Among the top 10 cryptocurrencies this week, Avalanche (AVAX) is in the lead after rising by more than 60% in the last seven days. Its price has risen to $36, placing it in the top 10 digital assets in terms of market capitalization. AVAX prices have been trending higher, which has helped many holders realize […]

Hold Your Horses: Bitcoin Could Fall Back To Under $38,000, These Analysts Say

Hold Your Horses: Bitcoin Could Fall Back To Under $38,000, These Analysts Say

Over the past 24 hours, the cryptocurrency market has witnessed Bitcoin consolidating its position in the digital financial space. Amidst a wider cryptocurrency selloff, Bitcoin offered yet another example of its infamous volatility, plunging sharply toward the $40,000 region. The leading cryptocurrency saw an 8% decline to $41,900 before reversing part of the losses and […]

SOL Price (Solana) Signals Short-Term Top, Here Are Key Supports To Watch

SOL Price (Solana) Signals Short-Term Top, Here Are Key Supports To Watch

Solana surged toward $80 before the bears appeared. SOL price is now correcting gains but the bulls might remain active near the $65 support. SOL price started a major rally above the $65 resistance before the bears appeared against the US Dollar. The price is now trading above $65 and the 100 simple moving average […]

Ethereum Price Dives To $2,000, Why Dips Remain Attractive

Ethereum Price Dives To $2,000, Why Dips Remain Attractive

Ethereum price took a major hit like Bitcoin and dropped over $350. ETH tested the $2,000 support and is currently attempting a fresh increase. Ethereum declined over 8% and broke the $2,200 support zone. The price is trading below $2,300 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend […]

Why Are NFTs Bad? The Problem And Legal Issues

Why Are NFTs Bad? The Problem And Legal Issues

Why Are NFTs Bad? This pressing question underscores today’s heated discussions around Non-Fungible Tokens (NFTs). Despite the buzz, many investors are left grappling with unsellable NFTs, questioning their value and security. This article cuts through the noise to examine the critical issues and legal challenges surrounding NFTs. We navigate the complex NFT laws, dissect the […]

Whats With All The Mysterious Cryptocurrency Deaths

Whats With All The Mysterious Cryptocurrency Deaths

In the crypto space, a concerning trend has emerged: the rise in cryptocurrency deaths. These incidents, ranging from crypto billionaires dying under mysterious circumstances to alarming reports of crypto murders, have captivated and concerned the entire community. This article aims to unravel the complexities behind these tragic events, focusing on the specific phenomenon of crypto […]