TechnicalAnalysis Archives - Page 118 of 139

May 17, 2022

Bitcoin Mainly Used for “Underground” Activities, Not Suitable as Currency: Former Fed Chair

Former Federal Reserve Chairman Ben Bernanke has shown that he is not a fan of big Bitcoin (BTC) after airing his opinions about the benchmark cryptocurrency in a talk with CNBC yesterday. Bernanke served two terms as the head of the US Fed between 2006 to 2014 and was succeeded by Jerome Powell, t...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

May 17, 2022

UMAUSD Price Hit Below the $4.3200 Significant Level

UMAUSD Analysis – The Price Hit Below the $4.3200 Significant Level as the Crypto Market Aims for Retracement UMAUSD price hit below the $4.3200 significant level as the crypto market aims for retracement. The sellers of UMAUSD have decamped below $4.3200. This is, however, due to sellersR...

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action #TechnicalAnalysis #UMAUSD

May 15, 2022

Bitcoin Crash: El Salvador on the Verge of Default as Its Bitcoin Holding Withers

Wall Street Journal recently reported that the market value of El Salvador’s Bitcoin (BTC) holdings has plunged by about a third in value. This came after the groundbreaking crash recorded in the crypto market last week. That said, the report noted that the crash might have left El Salvador on the ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

May 13, 2022

Cardano Leads Rebound as Crypto Market Detangles from Terra

Cardano (ADA) led the large-cap cryptocurrencies in gains on Friday as the market seemingly moved on from the Terra fiasco. The cryptocurrency currently trades at $0.577 or +22% in the early London session on Friday. That said, the broader market has jumped by 4.3% after recovering by about $60 bil...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

May 11, 2022

BANDUSD Is Falling as Bears Maintain Control

BANDUSD Analysis – Price Is Falling as Bears Maintain Control Below the $2.900 Key Zone BANDUSD is falling as bears maintain control below the $2.900 key zone. The price token is undergoing a continuous expulsion downward due to the strong bearish tendency overwhelming BANDUSD. Since the buye...

#BANDUSD #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action #TechnicalAnalysis

May 10, 2022

Bitcoin Obituaries Hot 447 Following Crash Below $30K

Over the past 13 years of its existence, Bitcoin (BTC) has been pronounced “dead” by journalists, economists, analysts, and financial experts numerous times. These proclamations are closely followed by Bitcoin proponents to use as debating points when the cryptocurrency eventually rebounds. The tea...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

May 10, 2022

Cardano Slumps to 15-Month Low as Bear Cycle Persists

Cardano (ADA) Founder Charles Hoskinson recently asserted that the crypto industry is now in a bear market after he got quizzed on the poor performance of the ADA token. The CEO also noted that no announcement on the project at the moment, would have any effect on the price of the crypto asset. Thi...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

May 08, 2022

Bitcoin Not a Better Inflation Hedge than Gold: Ray Dalio

Ray Dalio recently acknowledged the potential cryptocurrency, especially Bitcoin (BTC), holds for the future, highlighting its unprecedented performance over the last decade. The billionaire founder of Bridgewater Associates also noted in his interview with the Economic Times that the limited suppl...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

May 06, 2022

Binance Receives Licensing to Become DASP in France

Behemoth cryptocurrency exchange Binance has secured regulatory approval to operate as an authorized cryptocurrency service provider from French regulatory authorities. Binance took to its Twitter page on May 4 to announce that the Autorité des marchés financiers (AMF), France’s financial watchdog,...

#Binance Coin #BNB #CRYPTOCURRENCY #NEWS #TechnicalAnalysis