TechnicalAnalysis Archives - Page 135 of 139

September 08, 2021

Cardano Set to Rollout Smart Contract Functionality on Sunday

The highly-anticipated Cardano Smart Contract functionality could go live on the mainnet on Sunday. IOHK confirmed the upcoming release via Twitter, noting that the Alonzo hard fork kicks off the “start of an exciting new phase in our development as a #smartcontracts network.” Currently, two Cardan...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

September 07, 2021

Bitcoin Taps $53K Amid Profit-Taking by Miners

The recent bull run witnessed in Bitcoin (BTC) peaked at its highest point since May 12, near $53K in the Asian session today. On-chain analytics company Glassnode noted that the positive momentum emanated from institutional investors’ activities. The analytics provider stated that: “As renewed opt...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

September 06, 2021

Ethereum Records Deflationary Supply for the First Time Since EIP-1559 Launch

Ethereum (ETH) recorded a deflationary coin supply on September 3 as the number of ETH burned surpassed that of newly issued coins. This occurrence marks the first time the issuance of ETH goes negative since the implementation of the EIP-1559 upgrade, which introduced a deflationary property to th...

#CRYPTOCURRENCY #EIP-1559 #ETH #Ethereum #NEWS #TechnicalAnalysis

September 05, 2021

Bitcoin Holds $50K Amid Significant Exit of Whales

According to recent on-chain data from Glassnode, the total number of Bitcoin (BTC) whales is on a decline. In an unexpected turn of events, addresses holding 100 BTC or more have plunged to a yearly low of 15,958. The Bitcoin ecosystem recorded a significant increase in both retail and institution...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis #Whales

September 03, 2021

Binance to Go Public in Three Years: Changpeng Zhao

The founder and CEO of Binance, Changpeng Zhao, recently noted in an interview with The Information Wednesday that the US division could undertake an initial public offering (IPO) over the next three years. CZ, as he also goes by, noted that: “Binance.us is just going to do what Coinbase did.” Behe...

#Binance Coin #BNB #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

September 02, 2021

Bitcoin to be Used in Twitter Tip Jar Initiative

Twitter Inc. is said to be in the process of trials for a Bitcoin (BTC) tipping feature. This new development comes a few weeks after Twitter CEO Jack Dorsey hinted at the possibility of a BTC integration in several products, including Tip Jar. According to news aggregation website Macrumors: “Twit...

#BITCOIN #BTC #CRYPTOCURRENCY #TechnicalAnalysis #Twitter

September 01, 2021

Polkadot Spikes By Over 30% Amid Investor Resurgence

Polkadot (DOT) recorded an upbeat session on Tuesday despite a market-wide slowness. This uptick in trading volume suggests a replenishing interest in cryptos by traders and investors. At press time, DOT/USD trades at $30.23. Another supporting factor for Polkadot is the recent dip in the circulati...

#CRYPTOCURRENCY #DOT #NEWS #Polkadot #TechnicalAnalysis

August 31, 2021

Bitcoin to Hit $100K Before Year-End: Technical Analysis Company Co-founder

Co-founder of the technical analysis company Northstar & Badcharts, Kevin Wadsworth, recently noted that Bitcoin (BTC) would hit $100K before the end of the year, where he expects the current bull market to end. The Bitcoin enthusiast added that the benchmark cryptocurrency’s value could surpas...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 30, 2021

Ethereum Gas Fees Continues to Increase Despite Recent London Hard Fork

Predictions by Ethereum (ETH) enthusiasts that the London Upgrade would solve the network fees problem plaguing the blockchain have come to naught, as gas fees are slowly increasing to new highs. According to a recent report by Glassnode, the average fee on the network, based on a seven-day moving ...

#CRYPTOCURRENCY #ETH #ETH 2.0 #Ethereum #TechnicalAnalysis