CRYPTOCURRENCY Archives - Page 346 of 348

April 25, 2021

On-Chain Data Suggests Bitcoin’s Bullish Bias Still Intact

Despite the massive plunge suffered over the past week, on-chain data proposes that demand for Bitcoin (BTC) is still intact. The data revealed that the declining number of BTC stored on exchanges and miners’ refusal to sell their coins is indicative that the benchmark cryptocurrency could resume i...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

April 23, 2021

Ripple Price Analysis — April 23

Ripple (XRP) began April on a very bullish note as investors grew more confident in a positive outcome for Ripple in its legal battle with the US Securities and Exchange Commission. However, the entire cryptocurrency market has suffered a massive crash, and investors are finding out that the SEC ca...

#CRYPTOCURRENCY #NEWS #RIPPLE #SEC #XRP

April 22, 2021

Guggenheim Chief Investment Officer: Bitcoin to Drop to $20 – $30k Range

Scott Minerd, the Chief Investment Officer at Guggenheim Partners, has made a gloomy prediction for Bitcoin (BTC). Minerd also holds the title of chairman of Guggenheim Investments, the global asset management and investment advisory arm of Guggenheim Partners. Guggenheim Investments is responsible...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

April 21, 2021

Binance Smart Chain Records Daily Transaction Boom, as Binance Coin Resumes Bull Run

Binance Smart Chain (BSC) and associated decentralized exchanges (DEX) have recorded, possibly, the most growth in the decentralized finance (DeFi) industry this year. With the price of gas fees soaring across blockchain platforms, most newcomers and small-scale investors have been trooping into th...

#Binance Coin #BNB #BSC #CRYPTOCURRENCY #NEWS

April 20, 2021

Federal Reserve Bank President: Bitcoin is a Store of Value

President of the Federal Reserve Bank of Dallas Robert Kaplan made some positive comments about Bitcoin (BTC) and central bank digital currencies (CBDCs) at the Texas A&M Bitcoin Conference 2021 hosted by Mays Business School on Friday. Firstly, Kaplan distinguished between what he understood a...

#BITCOIN #BTC #CBDC #CRYPTOCURRENCY #NEWS

April 19, 2021

Binance Records Largest Dollar Value Quarterly BNB Burn; $600 million

Last week, Binance released a blog post that it had burned about 1.1 million Binance Coin (BNB) tokens, valued at roughly $600 million, in its most recent quarterly burning event. The event brought the total supply of existing BNB to 169 million from 170 million. Coin burning is a process Binance e...

#Binance Coin #BNB #CRYPTOCURRENCY #NEWS

April 18, 2021

Bitcoin Sheds $10k, as Cryptocurrency Market Bleeds

The cryptocurrency industry has come under severe selling pressure, as the cryptocurrency market cap plunged by over $200 billion (10.4%) to $2.03 trillion in a few hours. Reports show that a selloff in Bitcoin (BTC) was responsible for the broader market plunge. The benchmark cryptocurrency fell b...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

April 16, 2021

Dogecoin Sees 24-Hour 100% Spike, as Retail Traders and Celebrities Pile On

In an overnight bull run, Dogecoin (DOGE) has recorded a 104% increase over the past 24 hours and has posted a fresh record high at $0.3. The recent value increase has bumped the meme-cryptocurrency to the number eight position (based on crypto market cap), making it more valuable than business gia...

#CRYPTOCURRENCY #DOGE #DOGECOIN #NEWS

April 15, 2021

Bitcoin Sheds 5 Percent Following Coinbase IPO

Crypto investors got a shocker from Wednesday’s market price action, following the listing of Coinbase (NASDAQ: COIN) on the Nasdaq. Bitcoin (BTC) suffered a 5% intraday decline, likely because capital moved out of Bitcoin and into COIN or the classic sell the news event played out. BTC bulls...

#BITCOIN #BTC #COINBASE #CRYPTOCURRENCY #NEWS