NEWS Archives - Page 129 of 134

June 01, 2021

Bitcoin Market Analysis: Long-Term Holders are Not Selling

According to the weekly on-chain report from analytics company Glassnode, the rate at which older Bitcoin (BTC) gets spent has decreased significantly. This insight is indicative that many traders are willing to hold their assets through the current market consolidation. Glassnode noted that: “A pe...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

May 31, 2021

Ripple vs. SEC: Court Rules Against SEC’s Request for Ripple Legal Memo

The United States Securities and Exchange Commission has suffered a setback in its ongoing case against Ripple Labs. Magistrate Judge Sarah Netburn ruled against a motion by the SEC to gain access to Ripple’s private memos discussing the sale of XRP with its lawyers. The Commission sought to prove ...

#CRYPTOCURRENCY #NEWS #RIPPLE #SEC #XRP

May 30, 2021

Bitcoin Price Analysis: Market Regains Modest Bullish Momentum

Last week, the crypto market saw billions of dollars flow out of the industry as Bitcoin (BTC) struggled to stay afloat. After a failed attempt at the $40k level, BTC plunged below the $34k level yesterday. At press time, the benchmark cryptocurrency trades at $36,200 per unit and is up by 4.7% aga...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

May 28, 2021

Cardano Upgrade: IOHK Announces Alonzo Launch

The host company of Cardano (ADA), Input-Output Hong Kong (IOHK), has just announced the launch of the testnet for the Alonzo Smart Contracts platform and detailed its rollout blueprint. The Alonzo launch will, reportedly, occur in multiple stages, with every phase classified by color. The current ...

#ADA #Alonzo #Cardano #CRYPTOCURRENCY #NEWS

May 27, 2021

Bitcoin Remains Choppy Despite Renewed Investor Optimism

Bitcoin (BTC) and the rest of the cryptocurrency industry slipped lower in the early hours on Thursday. However, the cryptocurrency did not fall to its recent lows as most traders are optimistic that BTC is recovering. Bitcoin fell to the $37,120 low in the Asian session today, while Ethereum (ETH)...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

May 26, 2021

Cardano Investment Inflow Surges Following Market Crash

Despite falling with the market in the recent crash, Cardano (ADA) appears to be faring better than other large-cap cryptocurrencies. The fifth-largest cryptocurrency is up by 12% this morning. The recent market crash got primarily triggered by widespread concerns over the environmental impact of B...

#ADA #Cardano #CRYPTOCURRENCY #NEWS

May 25, 2021

Bitcoin Recorded Worst Weekly Decline In History: Glassnode Report

Analytics data provider Glassnode has broken down last week’s Bitcoin (BTC) and crypto market slump in its “Week on Chain” report released yesterday. BTC fell from a weekly high of $59,460 to lows of $31,320, recording a massive -$28k weekly candle, the worse in history. Glassnode added that the do...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

May 24, 2021

Ethereum On the Verge of Recovery as Price Steadies Above $2,200

Ethereum (ETH) appears to be on a path to recovery as it balances above the $2,200 level. Despite its 45% drop over the past seven days, reports show that more than 85% of all ETH HODLers are still in profits. Over the past week, the network suffered a massive drop in transactions worth roughly $19...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS

May 23, 2021

Bitcoin (BTC) Market Analysis — May 23

Bears continue to hold market dominance in the crypto space as Bitcoin (BTC) and other altcoins bleed on Sunday. The entire market capitalization has dropped by over $180 billion over the past 24 hours. Nonetheless, Bitcoin has slowly reclaimed more market dominance over the past few days, as the b...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS