Archives par catégorie: Business

Crypto Prices Today: Bitcoin Above $42K While Ether and SOL Tumble

Crypto Prices Today: Bitcoin Above $42K While Ether and SOL Tumble

This year, cryptocurrencies have been on a rollercoaster, with Bitcoin prices trading near $42k after jumping over 40$. The world’s most significant digital token is up 1.5% at present but down 9% overall for 2022 so far – it still needs to recover some lost ground if we want our asset back near its record […]

TA: Ethereum Looks Ready For Another Leg Higher Over $3,200

TA: Ethereum Looks Ready For Another Leg Higher Over $3,200

Ethereum gained bullish momentum and cleared the $3,100 resistance against the US Dollar. ETH price could accelerate further if it clears the $3,200 resistance. Ethereum started a major increase and even settled above the $3,000 level. The price is now trading above $3,100 and the 100 hourly simple moving average. There was a break above […]

Environmental Debate: New York Crypto Mining Plant Permit Delayed

Environmental Debate: New York Crypto Mining Plant Permit Delayed

The New York State Department of Environmental Conservation (NYSDEC) has delayed its decision whether it will allow crypto mining firm Greenidge Generation to continue to use its power plant in the town of Dresden for bitcoin mining, according to a recent report from Bloomberg. The decision by the state’s Department of Environmental Conservation will now […]

TA: Bitcoin is Surging, Why Bulls Could Aim More Upsides

TA: Bitcoin is Surging, Why Bulls Could Aim More Upsides

Bitcoin gained pace above the $42,000 resistance zone against the US Dollar. BTC is now surging and might even surpass the $45,000 resistance zone in the near term. Bitcoin started a strong increase above the $42,000 resistance zone. The price is trading well above $42,000 and the 100 hourly simple moving average. There is a […]

Valkyrie Bitcoin Mining ETF “WGMI” Approved For Nasdaq Listing

Valkyrie Bitcoin Mining ETF “WGMI” Approved For Nasdaq Listing

Crypto asset management firm Valkyrie will have a new exchange-traded fund (ETF) listed on the Nasdaq this week. The stock exchange will be listing Valkyrie’s new ‘Bitcoin Mining ETF,’ an investment vehicle that will supply assets that provide exposure to company securities “deriving at least 50% of their revenue or profits” from Bitcoin or crypto […]

Social media giant Twitter makes further inroads into the NFT world thanks to QuickNode

Social media giant Twitter makes further inroads into the NFT world thanks to QuickNode

While initially it was just major financial entities — such as PayPal, Square, Microstrategy, amongst many others — dipping their toes into the blockchain scene, now we have players from a host of other realms also making their presence felt across these markets. For example, earlier in 2021, Twitter announced to the world that it […]

Bitcoin On Track To $50K, Why BTC Whales May Blaze The Trail

Bitcoin On Track To $50K, Why BTC Whales May Blaze The Trail

Bitcoin is back on the green side across the board with important gains on lower timeframes. The benchmark crypto managed to push away from the high area around $30,000, taking off deep into the $40,000 territory. Related Reading | Is The Bitcoin Bottom In? Here’s What SOPR Data Says As of press time, Bitcoin trades […]

Vitalik Buterin On How To Eliminate Ethereum Network Congestion And High Fees

Vitalik Buterin On How To Eliminate Ethereum Network Congestion And High Fees

Network congestion on the Ethereum network is a very real and present issue, which has in turn brought about more real and pressing issues. Users of the network, especially small-time investors, have drawn the short end of the stick with these issues as they are the most affected. With fees skyrocketing, carrying out small transactions […]

Is The Bitcoin Bottom In? Here’s What SOPR Data Says

Is The Bitcoin Bottom In? Here’s What SOPR Data Says

Bitcoin has continued its rally breaking above $42k today, making many wonder whether $33k was the bottom. Here’s what the SOPR data says about it. Bitcoin Short-Term Holder SOPR Starts Turning Green Again As explained by an analyst in a CryptoQuant post, the current BTC SOPR pattern may look similar to that around the bottom […]

Cosmos Records 20% Gain, What’s Behind The Boom In Its Ecosystem

Cosmos Records 20% Gain, What’s Behind The Boom In Its Ecosystem

The Cosmos ecosystem has seen an explosion of interest in the past year. Projects like Terra (LUNA) have increased its numbers of users and will continue to boost its position in the crypto space as its ecosystem keeps expanding. Related Reading | Cosmos (ATOM) Jumps 36% WTD: What’s Driving Its Price Rally? As of press […]

What Exactly Can You Do With NFTs? How To Buy, Where to Store, and Common Uses

What Exactly Can You Do With NFTs? How To Buy, Where to Store, and Common Uses

NFTs have taken the internet by storm over the last 18 months. From something completely unheard of to a market that’s worth over $40 billion, NFTs have had an incredible year. But what exactly are NFTs, and more importantly, what’s the point of them? While some people think that NFTs don’t have any real purpose, […]

Hashstack Finance Launches Open Protocol On The Testnet To Solve One of DeFi Lending’s Key Issues

Hashstack Finance Launches Open Protocol On The Testnet To Solve One of DeFi Lending’s Key Issues

The decentralized finance industry needs a severe shakeup where its current borrowing requirements are concerned. Forcing users to put up more collateral than they seek to borrow is not feasible in the long term. Hashstack solves this issue by bringing undercollateralized loans to decentralized finance. Unlocking The Full Potential of DeFi Lending The concept of […]

Monero (XMR) Readies For A Breakout As It Touches Important Milestone

Monero (XMR) Readies For A Breakout As It Touches Important Milestone

Privacy coin Monero (XMR) usually spends its time in the shadows, which is exactly the way its community likes it. Till date, it is still impossible to penetrate the privacy that the digital asset offers, making it the go-to choice for investors who are trying to keep their crypto transactions and holdings a secret. Recently […]

Shiba Inu Barks At Bears With 25% Gains, But Social Media Continues To Trend Dogecoin

Shiba Inu Barks At Bears With 25% Gains, But Social Media Continues To Trend Dogecoin

Leading altcoins like Shiba Inu saw decent gains as the global crypto market value rose past $1.71 trillion on the strength of Bitcoin’s climb above $42,000. Meme coins, on the other hand, still had the hearts of the crypto audiences, with Shiba Inu recording the largest market gains and Dogecoin, the top dog coin, remaining […]

Bitcoin Hits Two-week High Imitating The Stock Rally

Bitcoin Hits Two-week High Imitating The Stock Rally

Cryptocurrencies are seeing a significant recovery as investors take advantage of the recent stock market rally and increased risk appetite. Bitcoin hits its highest in two weeks, extending gains from earlier this week that had seen it climb to $41,938 per coin on Saturday morning (Jan 24th). Related Reading | Bitcoin mimics stocks rally, hits […]

Cryptocurrency Wallet Phantom Marks $1.2 Billion Valuation Amid Recent Funding Round

Cryptocurrency Wallet Phantom Marks $1.2 Billion Valuation Amid Recent Funding Round

Investments in cryptocurrency are incomplete without a crypto wallet to store your assets. A good crypto wallet will house your coins and provide adequate security that will be pretty difficult for external invasion. The wallet could be either online or offline storage. Due to its relevance, several crypto exchanges offer their customers their online crypto […]

TA: Ethereum Smashes Heavy Resistance: Next Bullish Levels Traders Should Watch

TA: Ethereum Smashes Heavy Resistance: Next Bullish Levels Traders Should Watch

Ethereum gained bullish momentum and cleared the $3,000 resistance against the US Dollar. ETH price is rising, but it could face hurdles near the $3,200 level. Ethereum found support and started a strong increase above the $3,000 level. The price is now trading above $3,000 and the 100 hourly simple moving average. There was a […]

TA: Bitcoin Bulls Keeps Pushing, Why Rally Isn’t Over Yet

TA: Bitcoin Bulls Keeps Pushing, Why Rally Isn’t Over Yet

Bitcoin settled above the $40,000 level against the US Dollar. BTC is now rising and could accelerate further above the $42,650 resistance zone. Bitcoin started a strong increase above the $40,000 resistance zone. The price is trading well above $40,000 and the 100 hourly simple moving average. There is a key bullish trend line forming […]