NEWS Archives - Page 122 of 134

August 17, 2021

Bitcoin Record Drop in Network Usage (Fees) Chart

Bitcoin (BTC) is reportedly losing its ranking on the network fee charts. Analysts use network fees as a measure for the usage and demand of a network. According to a tweet from ‘Banteg’—the developer behind Yearn Finance—yesterday, BTC had dropped to the seventh spot in terms of fault fees generat...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 16, 2021

Ripple Posts Impressive Performance Amid Echoes of NFT Integration

Ripple (XRP) has recorded a +61% rally over the past seven days, effectively outperforming other top performers like Cardano. With the recent rally, the sixth-largest cryptocurrency appears to have decoupled from the rest of the market. At press time, XRP trades at a twelve-week high above $1.2800....

#CRYPTOCURRENCY #NEWS #RIPPLE #TechnicalAnalysis #XRP

August 15, 2021

Bitcoin Returns to Extreme Greed Levels as Bulls Reclaim Dominance

Due to the recent positive developments in the cryptocurrency industry, Bitcoin (BTC) has recorded double-digit gains over the past few weeks, flipping the general market sentiment. However, for the first time in about three months, the Bitcoin Fear and Greed Index has entered “extreme Greed” condi...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 13, 2021

Ripple vs. SEC: Community Speculate a Settlement Following a Motion Seal

Ripple Lab’s recent Letter Motion to Seal Exhibits has sparked optimism in the cryptocurrency community over the possibility of a settlement in the ongoing legal battle between Ripple and the SEC. A case settlement would benefit the price of XRP significantly, considering that the crypto’s capped p...

#CRYPTOCURRENCY #NEWS #RIPPLE #SEC #TechnicalAnalysis #XRP

August 12, 2021

Bitcoin (BTC/USD) Market Analysis — August 12

Bitcoin (BTC) recently peaked at a three-month high at $46,800 yesterday but has suffered a $4,000 decline since then. As expected, the rest of the cryptocurrency market followed in the steps of the benchmark cryptocurrency, causing the market valuation to drop by $830 million or 4.3% within a few ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 11, 2021

Ethereum Network Records Deflationary Blocks as London Upgrade Takes Effect

According to reports, a surge in Ethereum gas fees and ETH burn rates have created about 800 “deflationary blocks” on the network since the launch of the London Hard Fork last week. The network has come under immense pressure over the past few days, which has triggered more gas burns. Yesterday, th...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS #TechnicalAnalysis

August 09, 2021

Dogecoin Records Massive Spike Amid Diminishing Public Interest Trend

According to new reports, public interest in Dogecoin (DOGE) has taken a beating due to the recent market crash. Google Trends (GT) data shows that search queries for “dogecoin” and “doge” are at significant lows. The same decline in interest trend is seen in other cryptocurrencies as well. In the ...

#CRYPTOCURRENCY #DOGE #DOGECOIN #NEWS #TechnicalAnalysis

August 08, 2021

Bitcoin to Climb to $53,200 to Address Market Imbalance: Willy Woo

On Sunday, popular on-chain analyst Willy Woo tweeted that the Bitcoin (BTC) price could climb higher because of the current “demand/supply imbalance in the market,” noting that: “#Bitcoin price would need to move to $53k to address the demand/supply imbalance in the market.” Woo asserted tha...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technical Analysis

August 06, 2021

Ripple vs. SEC: Court Grants Ripple Access to Crucial Binance Documents

Ripple (XRP) recently filed for the release of crucial documents from Binance to disprove some claims by the SEC in the ongoing legal battle. New reports show that US Magistrate Judge Sarah Netburn has approved this request. Through its lawyers, Ripple CEO Brad Garlinghouse filed a motion in the So...

#CRYPTOCURRENCY #NEWS #RIPPLE #SEC #Technical Analysis