Archives par catégorie: Business

Toncoin (TON) Continues To Mark Higher Gains, Big Move Coming?

Toncoin (TON) Continues To Mark Higher Gains, Big Move Coming?

Toncoin has defied the entire crypto market sentiment as its value continues to trend higher. As per CoinMarketCap data, the native token of the TON blockchain has kept over 20% gain in the last seven days. The token has experienced extreme volatility in the last 24 hours, though. And it’s not just on the last […]

MATIC Backpedals Into Bearish Track Despite Its Social Dominance

MATIC Backpedals Into Bearish Track Despite Its Social Dominance

The current state of MATIC and Polygon’s crypto ecosystem ranks among the worst. It took a toll on In the wake of FTX’s demise, the industry-wide contagion has impacted other projects, Polygon among them. Despite this, Polygon is in the top three DeFi companies in terms of revenue. However, Polygon and its native coin is […]

Crypto Exchanges Record Massive Outflow Of Bitcoin, What Does This Indicate?

Crypto Exchanges Record Massive Outflow Of Bitcoin, What Does This Indicate?

The growth of Bitcoin and crypto exchanges over the years reflects the industry’s evolution. Exchanges have been the most critical businesses supporting the blockchain and crypto protocols. In addition, the exchanges, led by the top figures in the industry, house most of the iconic brands in the crypto ecosystem. Since the early days of Bitcoin […]

This Crypto Venture Capital Loses Almost $1B On FTX, When Will This FTX Fiasco End?

This Crypto Venture Capital Loses Almost $1B On FTX, When Will This FTX Fiasco End?

The collapse of the FTX crypto exchange is one of the biggest shocks to hit the industry. The impact of the fall is spreading to different crypto assets and several investors on the exchange. The crypto market has been experiencing massive downward performance as prices of assets kept declining. Hence, the overall value is far […]

NYDIG Analyzed The FTX Collapse And Its Implications. What Did We Learn?

NYDIG Analyzed The FTX Collapse And Its Implications. What Did We Learn?

It’s time for NYDIG to chip in. The FTX fiasco is the theme of the month in the crypto world, and the show’s just beginning. The NYDIG research team avoids the temptation to summarize the whole saga and goes straight to the implications of the fall of Sam Bankman-Fried’s empire. “Some signs of contagion have […]

TRON Total Number Of Accounts Hit Nearly 120 Million, Weekly Report Shows 

TRON Total Number Of Accounts Hit Nearly 120 Million, Weekly Report Shows 

TRON, the native cryptocurrency of the blockchain network bearing the same name, continues to struggle as it fails to break free from its bearish momentum. According to tracking from Coingecko, the 16th largest cryptocurrency in terms of market capitalization is trading at $0.050 at the time of this writing. For the past seven days, the […]

Tim Draper Stands By $250,000 Bitcoin Prediction, Here’s Why

Tim Draper Stands By $250,000 Bitcoin Prediction, Here’s Why

Venture capitalist Tim Draper continues to show staunch support for bitcoin even during this time. Draper who has been an evangelist for bitcoin has said multiple times that he expects the digital asset to hit six figures, and once again, he has taken an opportunity to double down on his predictions. Bitcoin To Reach $250,000 […]

Why Bitcoin Is Not At Risk Of Knocking $10,000 If Grayscale Increases Selling Pressure

Why Bitcoin Is Not At Risk Of Knocking $10,000 If Grayscale Increases Selling Pressure

The crypto market has seen extreme selling pressure over the past week, with Bitcoin recording a fresh yearly low below its current levels. The number one crypto by market cap is entangled in the collapse of crypto exchange FTX and its subsequent fallout.  As of this writing, Bitcoin (BTC) trades at $16,650. In the last […]

LEO Token Records Positive Moves While Crypto Market Struggles

LEO Token Records Positive Moves While Crypto Market Struggles

LEO, the native token of the Bitfinex exchange, has recorded positive gains as the crypto market struggles to gain footing. The utility token saw a price increase of 4.24% on the day. It also enjoyed an impressive 11% surge in the last 7 days.  LEO’s price surge comes as rival exchange FTX suffers from liquidity […]

Is Binance CEO Changpeng Zhao To Blame For FTX Collapse?

Is Binance CEO Changpeng Zhao To Blame For FTX Collapse?

In the space of one week, FTX had gone from being the second-largest crypto exchange by trading volume to being bankrupt. This swift move from being ‘okay’ to being in ‘hot water’ has shown just how uncertain things can be in the crypto market. Since it happened, there has been some finger-pointing as participants in […]

Trust Wallet Token (TWT) Undeterred Market Downtrends With Over 90% Gains

Trust Wallet Token (TWT) Undeterred Market Downtrends With Over 90% Gains

As calls for self-custody rage on, Trust Wallet Token has enjoyed unprecedented surges in the past week. On TWT’s week-on-week chart, the token has amassed over 90% gains. This comes as FTX’s debacle unfolds and traders grow wary of centralized exchanges. Furthermore, Binance’s CEO endorsed Trust Wallet in a recent tweet, resulting in more interest […]

Bitcoin Bearish Signal: 130k BTC Just Flowed Into Binance

Bitcoin Bearish Signal: 130k BTC Just Flowed Into Binance

On-chain data shows the crypto exchange Binance has just received Bitcoin inflows of 130k BTC, a sign that may be bearish for the price of the crypto. Binance’s Bitcoin Exchange Reserve Has Sharply Spiked Up Over Past Day As pointed out by an analyst in a CryptoQuant post, Binance has received a massive Bitcoin deposit […]

Chiliz Continues To Trend Higher Amidst World Cup Fever; Is $0.4 Possible?

Chiliz Continues To Trend Higher Amidst World Cup Fever; Is $0.4 Possible?

 CHZ’s price shows bullish signs as price breaks out above its range channel showing signs to rally high as FTX fiascos continue.   CHZ’s price trades above $0.25 with the market’s current state, as things look uncertain for most traders and investors.  CHZ’s price bounces from a low of $0.2 on the daily timeframe as the […]

Multicoin Expects FTX Contagion To Hold Industry In Its Grips For Weeks To Come

Multicoin Expects FTX Contagion To Hold Industry In Its Grips For Weeks To Come

In a letter to its investors, one of the industry’s most notable crypto venture firms, Multcoin Capital, has revealed its thesis for the coming weeks. Managing partners Kyle Samani and Tushar Jain write in a 3,400-word letter that the FTX fiasco does not spell doom for the crypto industry, as critics like Peter Schiff and […]

Chainlink (LINK) Performs Poorly Amidst Market Uncertainty

Chainlink (LINK) Performs Poorly Amidst Market Uncertainty

Chainlink (LINK), the leading oracle network, normally performs on the day following the market downturn. LINK has experienced a 1.58% increase in the last 24 hours, trading at $6.22.  Overall, LINK has recorded over 12% loss in the weekly chart. The token had surged higher in the day, reaching a local high of $6.38 before […]

NEAR Faces Resistance In Attempt To Breach $2 Level As Bears Block Its Way

NEAR Faces Resistance In Attempt To Breach $2 Level As Bears Block Its Way

Altcoins like NEAR have experienced a similar slump in value as the major cryptocurrencies during the previous several days. Cryptocurrency price index Coingecko reports that NEAR’s price is currently bearish, reflecting the general market sentiment. At the time of writing, the token was trading at $1.8515, below the key psychological $2 zone. Major investors’ loss of […]

Did The Bahamas’ Securities Commission Take Control of FTX’s Assets? They Did

Did The Bahamas’ Securities Commission Take Control of FTX’s Assets? They Did

The Bahamas struck first and struck hard. Yesterday, there were rumors going around that their government was pressuring Sam Bankman-Fried to give them control of FTX’s assets. What sounded like a bizarre story, today is more than confirmed. The Securities Commission of The Bahamas released an official document announcing the takeover. Of course, they did […]