TechnicalAnalysis Archives - Page 122 of 139

March 02, 2022

Ethereum Rebounds as Users Slowly Transition from PoW to PoS

Over the months, Ethereum (ETH) network users have been slowly transitioning from a proof-of-work (PoW) consensus algorithm or a more scalable and eco-friendly proof-of-stake verification method. The ETH community currently runs a parallel system that simultaneously runs PoW and PoS consensus mecha...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS #TechnicalAnalysis

March 01, 2022

Bitcoin Dethrones Russian Ruble in Valuation Amid Global Tensions

Bitcoin (BTC) has joined the top ranks of the global financial system, as the current geopolitical trends favor it. The benchmark cryptocurrency has now dethroned the Russian Ruble in global currencies rankings based on market capitalization, as the Ruble slumps to a three decade-low, after attract...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

February 28, 2022

Ethereum Gas Fees Slump to 48-Day Low as ETH Struggles with Momentum

The cost of transacting with Ethereum (ETH) continues to drop, as the gas price to facilitate one transaction has dipped by over 80% from what it was in early January. According to reports on Monday, it costs an average of 0.0039 ETH or $10.26 to carry out one transaction. In January, it cost an av...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS #TechnicalAnalysis

February 18, 2022

Ripple Whales Double Down on XRP Accumulation Despite Bearish Sentiment

Recent on-chain reports show that long-term Ripple (XRP) holders remained steadfast in HODLing despite the waves of crashes recorded over the past few months. On-chain analytics platform Santiment revealed that the opposite was true for XRP holders, as massive accumulation remains prevalent on the ...

#CRYPTOCURRENCY #NEWS #RIPPLE #TechnicalAnalysis #XRP

February 15, 2022

Bitcoin Recaptures $44K as Network Hits Lifetime Hashrate High

The processing power supporting the Bitcoin (BTC) has crossed a new lifetime high after achieving 246 exahash per second (EH/s) on February 12. Since the start of 2022, the BTC hashrate has recorded three consecutive all-time highs, with the first coming on new year’s day. By January 15, the ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

February 11, 2022

Binance to Help Forbes with Public Listing Through $200 Million Investment

Binance continues to wax stronger in its expansion ambition, as it aims to push its relevance in the financial world by investing in one of the most recognized financial magazines and digital publishers, Forbes. Recent reports show that the behemoth exchange has agreed to invest $200 million in the...

#Binance #Binance Coin #BNB #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

February 10, 2022

Bitcoin Fear and Greed Index Returns to Neutral Level for the First time in 2022

Following an outrageously choppy January that saw numerous whale liquidations, Bitcoin (BTC) has regained a stable momentum, as the crypto market valuation reclaims the $2 trillion mark. With the recent momentum recovery, BTC has recorded its highest standing on the Fear and Greed Index for 2022. T...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

February 09, 2022

Shiba Inu Begins Auctioning Lands on Its Metaverse Ecosystem

Two weeks ago, Shiba Inu (SHIB) launched a native metaverse called the “Shiberse,” and has begun auctioning virtual pieces of land on this ecosystem. The SHIB team recently revealed that they plan on expanding their digital ecosystem to accommodate virtual lands, a queue system, and much more. That...

#CRYPTOCURRENCY #NEWS #SHIB #Shiba Inu #TechnicalAnalysis

February 07, 2022

Ethereum CEO Discusses Possible Network Scalability Solution

Ethereum (ETH) has regained a decent bullish momentum over the past two weeks, recording over 40% within this period. In the last seven days alone, the benchmark cryptocurrency has gained over 20% as it reestablished a footing above the $3,000 price point. Interestingly, Ethereum co-founder and CEO...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS #TechnicalAnalysis