Technicalanlysis Archives - Page 2 of 8

May 12, 2022

Bitcoin Mining Company Stocks Plummet Amid Record Market Crash

Bitcoin (BTC) mining company stocks have remained on a downward trend for most of 2022, as BTC witnessed one of its worst declines in history. Research shows that North American-based Marathon Digital Holdings stock has suffered the most hit from the decline. According to a report published on Twit...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

May 11, 2022

Terra Suffers Lifetime Crash Following UST Troubles

Terra (LUNA) continued its rapid descent on Wednesday, as the embattled cryptocurrency slumped to the $3.3 low this morning. At press time, the cryptocurrency has shed a heart-wrenching 89.7% in the past 24 hours and 96.5% in the last seven days. Previously in the top-ten crypto rankings, LUNA now ...

#CRYPTOCURRENCY #LUNA #NEWS #Technicalanlysis #Terra

April 19, 2022

Bitcoin Price Analysis: Price Regains Bullish Momentum Above $40K Following Recent Slump

Despite its recent slump below $40K, recent data shows that Bitcoin (BTC) has seen an increased demand from institutional investors as investors scramble to buy BTC “at a discount.” Data from CryptoQuant suggests that a spike in Bitcoin outflows from trading platforms has been recorded, with over 3...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

April 18, 2022

Ethereum Transaction Fee in Steady Decline Following 625% Spike

Between mid-March and early April, the average network fee on Ethereum (ETH) has recorded a jump from $5.98 per transaction to a massive $43.41 on April 5, a 625% spike. However, the network fees stalled after that and have maintained a downward momentum to date. As of yesterday, the average cost o...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS #Technicalanlysis

April 17, 2022

Bitcoin Mining Community Under Threat in Kazakhstan as Government Announces New Tax Requirement

Previously regarded as one of the most attractive mining hubs for Bitcoin (BTC) miners following the mass migration of miners from China, Kazakhstan has taken a hostile stance towards the industry as it aims at introducing unfavorable tax legislation for the mining industry. Last Thursday, Minister...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

April 15, 2022

Cardano Loses $1 Foothold Despite Upgrade Announcement

Cardano continues to struggle to break its bearish jinx as it fights to take the $1 psychological mark. That said, the smart contracts cryptocurrency has suffered a 12% plunge over the past seven days but maintained its ranking among the top ten cryptocurrencies. This highlights significant trust i...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #Technicalanlysis

April 13, 2022

Shiba Inu Taps $0.0000300 Barrier Following Robinhood Listing Announcement

Behemoth trading platform Robinhood finally caved to pressure after announcing the listing of Shiba Inu (SHIB) alongside three other tokens. The trading platform wrote yesterday: “We’re pleased to announce that customers can now buy and sell four additional cryptocurrencies through Robinhood Crypto...

#CRYPTOCURRENCY #NEWS #SHIB #Shiba Inu #Technicalanlysis

April 12, 2022

Bitcoin Crashes Below $40K, as Fed Maintains Ultra-Hawkish Stance

As the threat of a more aggressive rate hike from the US Federal Reserve looms, Bitcoin (BTC) has exhibited a closer correlation with the stock market as both crashed on Monday. Yesterday’s market crash saw hundreds of millions of dollars displaced across the cryptocurrency market, as the total mar...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

April 10, 2022

Bitcoin 2022 Conference: Kevin O’Leary Asserts BTC Potentials, Claims It would Save the Earth

Shark Tank’s Kevin O’Leary made some bullish comments about Bitcoin (BTC) in his keynote speech at the recently concluded Bitcoin 2022 conference. O’Leary noted that with insight from his experience in the indexing sector, large amounts of capital running into trillions of dollars are waiting for a...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis