Archives par catégorie: Business

Kraken’s Jesse Powell Blast FTX And Sam Bankman-Fried Without Naming Them

Kraken’s Jesse Powell Blast FTX And Sam Bankman-Fried Without Naming Them

Leave it to Jesse Powell to say what everyone in crypto is thinking. “I’m really trying to control my rage,” the mind behind Kraken tweeted to begin his rant. In the following article, we’ll comment on several of his very interesting points. Make no mistake, though, Jesse Powell thinks this isn’t over and the crypto […]

Maker (MKR) Records 13% Gains Undeterred By Market Downtrends

Maker (MKR) Records 13% Gains Undeterred By Market Downtrends

MKR, the native token of the Maker Protocol, has recorded substantial gains despite the most recent market downturn. After news of FTX’s liquidity crisis rocked the crypto market, several coins have struggled to bag daily gains to no avail. However, MakerDAO’s governance token has experienced an impressive surge today. Specifically, MKR trades at $873 press […]

Grayscale Bitcoin Trust Tumbles By 41% Amid The FTX Calamity

Grayscale Bitcoin Trust Tumbles By 41% Amid The FTX Calamity

The recent crisis in the world’s third-largest crypto exchange, FTX, is creating more devastating conditions in the Bitcoin and crypto market. Over the past few days, the FTX token (FTT) has lost more than 70% of its value. The events seem to have unlocked the bears into the market. As a result, the cumulative market […]

Crypto Market Loses $200 Billion As Bitcoin Plunges

Crypto Market Loses $200 Billion As Bitcoin Plunges

Some days back, the crypto market was celebrating a significant rally in the price of major cryptocurrencies. Bitcoin hit a remarkable recovery surpassing the $20K level to $21,500. However, the story quickly changed as the FTT crash dragged the other tokens down. Due to the ongoing FTX crisis in the crypto space, many assets have […]

Bitcoin Eyes $18K Following Good US Inflation Report

Bitcoin Eyes $18K Following Good US Inflation Report

The crypto market and Bitcoin trend over the past few days have been entirely unexpected. The market is feeling the heat from the bears as most of the crypto assets took to the south. Moreover, the FTX crisis has increasingly brought a different contagious negative performance in the space. Bitcoin had a complicated swing as […]

Bitcoin Bounces On Lower Than Expected CPI Data | BTCUSD November 10, 2022

Bitcoin Bounces On Lower Than Expected CPI Data | BTCUSD November 10, 2022

Bitcoin has taken 10% back in a dramatic move following the announcement of October CPI data. CPI came in below expectations, causing a melt up in risk assets including cryptocurrencies. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): November 10, 2022 Before suggesting any type of bottom is in, more downside […]

Ethereum Whales Gobble Up Over 650,000 ETH As Market Hits New Lows

Ethereum Whales Gobble Up Over 650,000 ETH As Market Hits New Lows

Ethereum whales are going straight to market to load up their bags as ETH falls to ‘discount prices’. Just like the rest of the crypto market, Ethereum has taken a beating down, falling more than 20% in the last three days. While panic continues to spread across the market, whales have loaded up their holdings […]

Crypto Market Drops Back Into Extreme Fear As Crash Continues

Crypto Market Drops Back Into Extreme Fear As Crash Continues

Data shows the crypto investor sentiment has once again plunged back into extreme fear, as the crash in the market continues. Crypto Fear And Greed Index Now Points To A State Of “Extreme Fear” The “fear and greed index” is an indicator that measures the general sentiment among investors in the crypto market. The metric […]

Ethereum Reclaims Demand Zone As Market Turmoil Heats Up; Is $500 Possible?

Ethereum Reclaims Demand Zone As Market Turmoil Heats Up; Is $500 Possible?

 ETH’s price loses its $1,200 demand zone in the early hours as Binance rejects FTX takeover, with the price responding with a bounce from its daily low.   ETH’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors.  ETH’s price bounces from a low of $1,100 […]

MANA Loses 80% Of Its Value Over The Last 12 Months – No More Blessings To Come?

MANA Loses 80% Of Its Value Over The Last 12 Months – No More Blessings To Come?

The MANA cryptocurrency used in Decentraland has clearly seen better days. From its 2017 high of $5.85, MANA has dropped 80% in value in the last 12 months, as shown by the most recent available data. Presently, a share of MANA can be purchased for as little as $0.4773. Investor confidence has tanked in light […]

How to Buy DyDx [Step-By-Step Guide]

How to Buy DyDx [Step-By-Step Guide]

dYdX  is a decentralized exchange built on the Ethereum blockchain that supports spot, margin, perpetuals trading, and lending and borrowing services. It’s one of the world’s largest non-custodial exchanges in terms of trading volume and market share. DYDX is the governance token for the dYdX protocol. DYDX token holders can participate in the governance process, […]

ETC Price And Social Dominance Figures Down In Last 7 Days – What’s Next?

ETC Price And Social Dominance Figures Down In Last 7 Days – What’s Next?

Similarly to Bitcoin and other altcoins, ETC (Ethereum Classic) has been severely impacted by the FTX liquidity crisis. CoinGecko data show that the historical performance of the coin on the daily, weekly, biweekly, and monthly time frames is not promising for the ETH fork. The most noticeable depreciation among these was recorded for the bi-weekly time […]

Amid FTX Rumors Tether’s USDT Peg Of $1 Wobbles – What’s Going On?

Amid FTX Rumors Tether’s USDT Peg Of $1 Wobbles – What’s Going On?

The crypto market still seems to be in the grasps of FTX and Alameda. Currently, rumors are circulating that Tether’s stablecoin USDT might be more affected by the downfall of FTX than it would like to admit. Moreover, there currently seems to be an attack on USDT as a result of which Tether (USDT) briefly […]

What is ApeSwap: Deep Dive Into the One-Stop DeFi Hub

What is ApeSwap: Deep Dive Into the One-Stop DeFi Hub

The irregularities and lack of trust that characterize centralized exchanges (CEX) have irritated many developers into creating fully decentralized exchanges (DEX) that compete with and establish the true code of decentralization. One of those decentralized exchanges is ApeSwap. This article will give you a complete guide into what it is, how it works, what it […]

JP Morgan Predicts Bitcoin Crash To $13.000 Due To Cascade Of Margin Calls

JP Morgan Predicts Bitcoin Crash To $13.000 Due To Cascade Of Margin Calls

Amidst the drama surrounding the busted deal between FTX and Binance, banking giant JP Morgan has commented on the current state of Bitcoin and the broader crypto market. If FTX does file for bankruptcy, the contagion could be massive. As Bitcoinist reported today, FTX CEO Sam Bankman-Fried confirmed in a call with his investors shortly […]

Bitcoin Plunges To $15,700 As Binance Rejects FTX Takeover – Levels To Watch

Bitcoin Plunges To $15,700 As Binance Rejects FTX Takeover – Levels To Watch

 BTC’s price loses its $18,200 support as the price trades to a region of $15,700 as Binance rejects FTX takeover.   BTC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors.  BTC’s price remains weak across all timeframes as the price trades slightly below the 50 […]

Ethereum Price Approaches $1,000, Why Upsides Could Be Limited

Ethereum Price Approaches $1,000, Why Upsides Could Be Limited

Ethereum extended losses below the $1,200 support against the US Dollar. ETH is consolidating and might even test the $1,000 support zone in the near term. Ethereum started a major decline below the $1,320 and $1,250 levels. The price is now trading below $1,250 and the 100 hourly simple moving average. There is a major […]