NEWS Archives - Page 120 of 134

September 07, 2021

Bitcoin Taps $53K Amid Profit-Taking by Miners

The recent bull run witnessed in Bitcoin (BTC) peaked at its highest point since May 12, near $53K in the Asian session today. On-chain analytics company Glassnode noted that the positive momentum emanated from institutional investors’ activities. The analytics provider stated that: “As renewed opt...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

September 06, 2021

Ethereum Records Deflationary Supply for the First Time Since EIP-1559 Launch

Ethereum (ETH) recorded a deflationary coin supply on September 3 as the number of ETH burned surpassed that of newly issued coins. This occurrence marks the first time the issuance of ETH goes negative since the implementation of the EIP-1559 upgrade, which introduced a deflationary property to th...

#CRYPTOCURRENCY #EIP-1559 #ETH #Ethereum #NEWS #TechnicalAnalysis

September 05, 2021

Bitcoin Holds $50K Amid Significant Exit of Whales

According to recent on-chain data from Glassnode, the total number of Bitcoin (BTC) whales is on a decline. In an unexpected turn of events, addresses holding 100 BTC or more have plunged to a yearly low of 15,958. The Bitcoin ecosystem recorded a significant increase in both retail and institution...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis #Whales

September 03, 2021

Binance to Go Public in Three Years: Changpeng Zhao

The founder and CEO of Binance, Changpeng Zhao, recently noted in an interview with The Information Wednesday that the US division could undertake an initial public offering (IPO) over the next three years. CZ, as he also goes by, noted that: “Binance.us is just going to do what Coinbase did.” Behe...

#Binance Coin #BNB #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

September 01, 2021

Polkadot Spikes By Over 30% Amid Investor Resurgence

Polkadot (DOT) recorded an upbeat session on Tuesday despite a market-wide slowness. This uptick in trading volume suggests a replenishing interest in cryptos by traders and investors. At press time, DOT/USD trades at $30.23. Another supporting factor for Polkadot is the recent dip in the circulati...

#CRYPTOCURRENCY #DOT #NEWS #Polkadot #TechnicalAnalysis

August 31, 2021

Bitcoin to Hit $100K Before Year-End: Technical Analysis Company Co-founder

Co-founder of the technical analysis company Northstar & Badcharts, Kevin Wadsworth, recently noted that Bitcoin (BTC) would hit $100K before the end of the year, where he expects the current bull market to end. The Bitcoin enthusiast added that the benchmark cryptocurrency’s value could surpas...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 27, 2021

Tron to be Used in E-Commerce Following Partnership with Shopping.io

Tron (TRX) has partnered with Shopping.io, a crypto form to simplify cryptocurrency purchases and activities in the e-commerce sector. Shopping.io announced the new development via a press release on Wednesday, noting that the partnership would facilitate the integration of TRX, Tron’s native token...

#CRYPTOCURRENCY #NEWS #TechnicalAnalysis #TRON #TRX

August 26, 2021

Bitcoin Records Massive Whale Activity Amid Sharp Decline

The world’s largest cryptocurrency, Bitcoin (BTC), recently enjoyed a fresh wave of bullish momentum, which pushed the price of BTC up by over 50% over the last month. Consequently, whale activity on surrounding Bitcoin surged significantly in August. Leading whale activity tracking platform, Whale...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 25, 2021

Ethereum Records 73,784 in Burned ETH Since London Hard Fork

According to recent data from the Dune Analytics’ dashboard called “Ethereum after 1559,” approximately 73,784 ETH has gotten burned since the London Hard Fork earlier this month. The hard fork launch was a success, with Ethereum co-founder Vitalik Buterin professing confidence over the London upgr...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS #TechnicalAnalysis