NEWS Archives - Page 111 of 134

December 16, 2021

Bitcoin Steady Despite ECB Rate Hike Announcement

With the Fed recently indicating a possible rate hike in 2022, many spectators are eager to see how Bitcoin (BTC) and the rest of the crypto market would react to it. In the recent FOMC meeting, which occurred yesterday, the Fed inspired the impression that they could raise interest rates sooner ra...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

December 15, 2021

Dogecoin Breaks Bearish Curse Following Elon Musk’s DOGE Acceptance Tweet

Dogecoin (DOGE) recorded a massive spike yesterday, following supporting comments from Tesla and SpaceX CEO Elon Musk. The billionaire CEO announced via Twitter that his electric vehicle manufacturing company would begin accepting (DOGE) as payment for some products. Musk tweeted that: “Tesla will ...

#CRYPTOCURRENCY #DOGE #DOGECOIN #NEWS #Technicalanlysis

December 14, 2021

Bitcoin on Flushing Out Over-Leveraged Longs: Willy Woo

Bitcoin (BTC) remains in a struggle to hold bears off as it fell towards the $46K support on Tuesday in the early Asian session. The benchmark cryptocurrency has shed over 30% since it printed a new all-time high in November. Interestingly, this is not the worst sell-off this year. Between April an...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

December 13, 2021

Binance to Cease Operations in Singapore Next February

Behemoth cryptocurrency exchange Binance has announced that it is ready to halt operations in Singapore. The exchange’s Singaporean arm, Binance Asia Services Ltd., broke the news some hours ago, noting that it had withdrawn its license application for operating a crypto exchange. Binance.sg told B...

#Binance Coin #BNB #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

December 12, 2021

Bitcoin Still on Track to Hit $100,000 in 2022: Bloomberg Strategist

Senior Commodity Strategist at Bloomberg Mike McGlone recently asserted that 2022 could be a big year for Bitcoin (BTC), noting that the benchmark cryptocurrency will hit the $100K mark. With the prevailing pandemic, global financial systems are taking heavy blows and have suffered the most. Safety...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

December 10, 2021

Solana Suffers Second DDoS Attack Amid Plummeting Prices

Solana (SOL) catapulted itself to the top 5 cryptocurrency rankings this year thanks to its uniquely functional blockchain, which provided a solid alternative to Ethereum’s decentralized finance (DeFi) solutions. That said, with its meteoric rise came increased adoption and use by users seeking bet...

#CRYPTOCURRENCY #NEWS #SOL #Solana #Technicalanlysis

December 09, 2021

Bitcoin Miners in Kazakhstan Lament Tapering of Power Supply

Bitcoin (BTC) miners in Kazakhstan have gotten thrown into uncertainty, as the nation’s government places caps on energy supply due to the growing difficulty in servicing its power needs. The new government order has reversed what used to be one of the cheapest locations to mine crypto, just as min...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

December 08, 2021

Cardano Struggles to Regain Bullish Traction Despite Breaking the 1 Million-Holder Milestone

Cardano (ADA) slumped by over 32% between December 2 and December 4 amid the marketwide flash crash. That said, the sixth-largest cryptocurrency has rebounded from this drop but continues to battle bearish sentiment. ADA resumed a bearish move on Wednesday as Bitcoin fell below $50K. As a result, C...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

December 07, 2021

Bitcoin Records Third-Highest Yearly Death Pronouncement Following Recent Slump

As Bitcoin (BTC) and most of the crypto market lose value over the past two weeks, it appears as though the possibility of BTC hitting a six-digit level this year might be out of the picture. Nonetheless, the benchmark cryptocurrency still has a decent year-to-date performance, as it stands at +80%...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis