TechnicalAnalysis Archives - Page 134 of 139

September 17, 2021

Ethereum Burns $1 Billion Worth of Tokens Since London Hard Fork Implementation

New reports show that over $1 billion worth of tokens has gotten burned since the implementation of the Ethereum (ETH) London hard fork in August. The new report comes from Dune Analytics, which reported that a total of 303,681.05 ETH (worth $1.067 billion at press time) originally designated as a ...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS #TechnicalAnalysis

September 16, 2021

Bitcoin ETF: Fidelity Investments Pressures SEC for Approval

American financial services corporation Fidelity Investments has urged the SEC to approve its Bitcoin Exchange-Traded Fund filing. The investment company argues that the Commission needs to greenlight the initiative as there is an increased demand for an ETF from investors. Reports state that a mul...

#BITCOIN #BTC #CRYPTOCURRENCY #ETF #NEWS #TechnicalAnalysis

September 15, 2021

Solana Remains Steady Despite Network Outage

According to an announcement by Solana Status on Twitter, the Solana (SOL) mainnet suffered an “intermittent instability” some hours ago. The account later reported that “resource exhaustion” was responsible for the network outage witnessed previously. Commenting on the issue, SOL’s CEO, Anat...

#NEWS #SOL #Solana #TechnicalAnalysis

September 14, 2021

Litecoin (LTC/USD) Trade Experiences Abnormal Breakout

Litecoin Price Prediction – September 14The LTC/USD trade experiences an abnormal breakout in its crypto-economic price valuation. The abnormality took place yesterday, close to the main resistance level at $250. The market’s percentage is rated at about 3.84 as price trades around the line of $186...

#Litecoin #LTC/BTC #LTC/USD #TechnicalAnalysis

September 14, 2021

Bitcoin Long-Term Holders are Refusing to Sell: Glassnode

On-chain analytics provider Glassnode recently revealed that investors holding Bitcoin (BTC) older than one year are not eager to sell their coins at all. Glassnode defines long-term HODLers as investors with coins older than 155 days, while short-term holders are those with coins younger than the ...

#BITCOIN #BTC #CRYPTOCURRENCY #Glassnode #NEWS #TechnicalAnalysis

September 13, 2021

Cardano Falls Despite Alonzo Mainnet Launch

The long wait for the Cardano Alonzo Mainnet update is finally over, as years of research and trials culminated in the launch of the network upgrade on Sunday. This means that the network now supports Smart Contracts (SC), which many development teams can utilize in building and deploying protocols...

#ADA #Alonzo #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

September 12, 2021

Bitcoin To Go Up Significantly: BlackRock Managing Director

Managing Director of BlackRock Inc. Rick Reider expressed his bullish Bitcoin (BTC) sentiment in a recent interview with CNBC’s “Squawk Box.” The MD said On Thursday that he could see the price of BTC “go up significantly.” This is a welcome development as the benchmark cryptocurrency struggled wit...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

September 10, 2021

Ripple Climbs and Falls on Friday Following False Coinbase Re-listing

Ripple (XRP) climbed to a daily high near $1.2500 today, following a sharp 14% gain on rumors that Coinbase had re-listed XRP as a trading option. However, the platform quickly pointed out that this was a technical glitch and that it had not re-listed the crypto asset. This triggered an immediate s...

#Cryptocurreny #NEWS #RIPPLE #TechnicalAnalysis #XRP

September 09, 2021

Bitcoin ‘Experiment’ in El Salvador Critical for the Cryptocurrency’s Reputation

Bitcoin (BTC) suffered a debilitating decline on Tuesday as El Salvador made history by becoming the first sovereign state to make BTC a legal tender. However, the real question in investors’ minds is whether El Salvadorans will embrace BTC. It is worth noting that this is the first time the benchm...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis