TechnicalAnalysis Archives - Page 111 of 139

August 07, 2022

The Fair Market Value Of Bitcoin Is $40,000: Anthony Scaramucci

Skybridge Capital founder Anthony Scaramucci recently shared what his firm believes to be the fair market value of Bitcoin (BTC) and Ethereum (ETH) in a Marketwatch interview. Scaramucci explained that the worst of the bear market is likely over and that Bitcoin has hit its bottom in this cycle. Th...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 05, 2022

Cardano Ranked As The Third Most-Staked Cryptocurrency

Cardano (ADA) made it to the top three rankings of cryptocurrencies with the most staked supply on CoinRank. The cryptocurrency statistical portal recently released its 15 most-staked coins, showing that Cardano had a whopping 70.6% of its total supply, over $12 billion, locked in staking. The firs...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 04, 2022

MicroStrategy Boss Brags About Bitcoin Strategy, Says Company Outperformed Blue-Chip Stocks

Giant Bitcoin (BTC) whale MicroStrategy has released its Q2 financial earnings report, with CEO Michael Saylor bragging via a tweet: “Since adopting a bitcoin strategy, MSTR has outperformed every asset class & big tech stock.” Saylor further explained that Bitcoin’s price increased by 94% sinc...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 03, 2022

Solana Users Lament After 8,000 Wallets Get Compromised

Several Solana (SOL) holders have flooded Twitter, reporting strange and unauthorized withdrawals of SOL from their hot wallets such as Phantom, Slope, and TrustWallet. According to data from blockchain auditors OtterSec, over 8,000 wallets have been compromised in this ongoing attack. Several Sola...

#CRYPTOCURRENCY #NEWS #SOL #Solana #TechnicalAnalysis

August 02, 2022

Bitcoin Mining Revenue Slumps Further In July As BTC Price Struggle

Bitcoin (BTC) and miners recorded notable declines in their revenue last month as the benchmark cryptocurrency failed to print new highs. That said, July has been the worst month for BTC miners in 2022. Reports showed that miners could only generate $574.89 million in revenue in July, a 13% drop fr...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 01, 2022

Monero To Experience Hashrate Decline As MINEXMR Bows Out

Behemoth privacy blockchain solutions Monero (XMR) could record a setback in mining operations, as the network’s largest hash power contributor is calling quits. MINEXMR, Monero’s biggest miner, recently announced it would shut down operations by August 12 and will transition to a decentralized P2P...

#CRYPTOCURRENCY #Monero #NEWS #TechnicalAnalysis #XMR

July 31, 2022

Bitcoin Investment: El Salvador Remains Steadfast In Its Defense Of Its BTC Move

Speaking in an interview on Wednesday, In an interview on July 27, El Salvador’s Minister of Finance, Alejandro Zelaya, stated that making Bitcoin (BTC) a legal tender has boosted the country’s financial services to the unbanked population. The Minister added that the move also boosted foreign inve...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

July 29, 2022

Ripple Records 49% Spike in XRP Sales On Blooming ODL Demand

Payment solution company Ripple (XRP) reportedly sold $408 million worth of XRP tokens in Q2 2022, a remarkable 49% jump from the previous quarter. A report posted by the company showed that these sales accounted for 0.47% of the global XRP volume. In the report, Ripple attributed the sales to the ...

#CRYPTOCURRENCY #NEWS #RIPPLE #TechnicalAnalysis #XRP

July 28, 2022

Bitcoin Recovers Near $24K as the US Falls into Recession

After weathering the US Federal Reserve’s 0.75% rate hike, Bitcoin (BTC) traders are gauging a reaction to the recently released US GDP data, which showed that the US has fallen into a technical recession after two consecutive quarterly contractions of the economy. The US Bureau of Economic Analysi...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis