TechnicalAnalysis Archives - Page 123 of 139

February 06, 2022

Bitcoin Market Analysis: BTC Re-emerge Above $41K Amid Favorable Macroeconomic Data

The cryptocurrency industry has recorded a significant chunk of its valuation, as Bitcoin (BTC) touched the $42K top for the first time in seventeen days. The market has also exhibited a strong correlation with the equities market, which significantly added to the recent upsurge. While traders try ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

February 04, 2022

Cardano Crosses Three Million Wallets Milestone Amid Heightened Transaction Volume

Cardano (ADA) has recorded yet another milestone as reports from the Cardano Community Twitter page announced that the network has surpassed three million wallets. For context, the blockchain crossed one million wallets last May, roughly eight months ago. Based on the report posted by the official ...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

February 03, 2022

Bitcoin Whale Acquisition: MicroStrategy Purchases Additional 660 BTC

Business intelligence giant MicroStrategy has acquired more Bitcoin (BTC) amid the persistent uncertainty plaguing the market. The company’s CEO, Michael Saylor, broke the news via Twitter on Tuesday. Saylor took to Twitter to outline his company’s latest purchase, where it spent $25 million to acq...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

February 02, 2022

Cardano to Process More Transactions As Network Boosts Optimization

Input-Output Hong Kong, the organization behind Cardano (ADA), recently announced that the block size of the network could record an 11% jump in the near term, as the network amped up its optimization endeavors. IOHK reported via a series of tweets yesterday that the total block size will grow to 8...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

February 01, 2022

Bitcoin as Legal Tender: US State Senator Pushes Bill

A US Senator has forwarded a piece of legislation in Arizona that aims at making Bitcoin (BTC) a legal tender. Although US federal law prohibits states from creating special currencies, the bill is expected to ignite a fiery discussion. Republican State Senator Wendy Rogers moved a draft bill, SB 1...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

January 31, 2022

0x (ZRXUSD) Remains Still at the Demand Zone

ZRXUSD Analysis – Market Remains Still at 0.550 Demand Zone ZRXUSD remains still at the demand zone after lower pricing. The price of ZRX is currently at a deep discount. The bears have ruled the market since the reversal at $1.310. The bulls attempted a bullish run beyond the $1.320 zone mul...

#0x #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action #TechnicalAnalysis

January 31, 2022

Ethereum Gas Fees Hit Yearly Low Amid Staggering ETH Prices

New reports show that it has become significantly cheaper to send Ethereum (ETH) today than at the start of the year. ETH network fees now cost about 0.0096 ETH or $24.64 on average. The average Ethereum transaction fees have not been this low since January 1, 2022, when the network’s average-sized...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS #TechnicalAnalysis

January 30, 2022

Bitcoin to Hit $93K in 2022, $192.8 in 2025, Finders’ Report

Top product comparison platform Finder published an updated Bitcoin (BTC) price prediction curated by Finder’s panel of 33 fintech specialists, on Wednesday. According to the expert panel’s forecast: “Bitcoin (BTC) is expected to peak at US$93,717 this year before dropping to $76,360 by the end of ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

January 26, 2022

Dogecoin Acceptance Saga: McDonald’s Come Under Fire for Rejecting Offer to Accept DOGE by Musk

Behemoth food chain McDonald’s has come under criticism after fumbling a Dogecoin (DOGE) payments request from Tesla CEO Elon Musk. The world’s richest man recently asked the fast-food chain to accept DOGE and that in return, he would eat its Happy Meal on television. However, McDonald’s essentiall...

#CRYPTOCURRENCY #DOGE #DOGECOIN #NEWS #TechnicalAnalysis