Technicalanlysis Archives - Page 4 of 8

March 17, 2022

Bitcoin On-Chain Metrics Bullish After Fed Announcement—Santiment

The Federal Open Market Committee (FOMC) announcement from yesterday has pumped some volatility into Bitcoin (BTC) over the past 24 hours, following a 25 basis points rate increase. That said, on-chain data from Santiment shows that the benchmark cryptocurrency could embark on a bullish continuatio...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

March 16, 2022

Shiba Inu to Spike by 30% Amid Increased Supply Burning—Analysts

Analysts have asserted that Shiba Inu (SHIB) could record an upward breakout soon as its circulating supply plunges amid heavy token burning. The SHIB community remains steadfast in sending tokens to a “burn” wallet, which permanently removes some tokens from circulation. This has fueled a bullish ...

#CRYPTOCURRENCY #NEWS #SHIB #Shiba Inu #Technicalanlysis

March 15, 2022

Bitcoin to Become Legal Tender in Many Latin American Nations— Anthony Scaramucci

Skybridge Capital founder Anthony Scaramucci recently asserted in an interview with Marketwatch that more sovereign nations will adopt Bitcoin (BTC) as legal tender soon, noting: “I see Bitcoin in its current status as an early adopting technological asset.” Scaramucci explained: “I think Bitcoin w...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

March 10, 2022

Bitcoin Slumps to $39K Ahead of US Inflation Reports

After a surprising bullish outburst on Wednesday, Bitcoin (BTC) has recorded a sharp 7% slump to the $39K area on Thursday, as traders fled to the sidelines ahead of the US inflation reports. Economists expect US inflation to show a massive spike in consumer prices in February, which could boost in...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

March 09, 2022

Binance Announces Resumption of EUR and GBP Deposits and Withdrawals via SEPA

Behemoth cryptocurrency exchange Binance came with some good news on Monday after announcing: “Binance and Paysafe will fully reopen EUR and GBP deposits and withdrawals respectively via the SEPA payment network (SEPA) and Faster Payments Services (FPS). Binance retail users across Europe, with the...

#Binance #BNB #CRYPTOCURRENCY #NEWS #Technicalanlysis

March 08, 2022

Bitcoin Loses Correlation with Commodities Market Amid Geopolitical Tensions

As the world continues to observe the ongoing war between Russia and Ukraine, Bitcoin (BTC) has lost correlation with the commodities market and has shown significant correlation with the stock market, a more risky outlook. The correlation between the benchmark cryptocurrency and precious metals ha...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

March 06, 2022

Bitcoin Tumbles to $38K Amid Worsening Geopolitical Tensions

Bitcoin (BTC) recorded a steep drop to the $38K area earlier today, as the US dollar gained some notable upward mobility after US economic data showed a significant increase in the number of jobs created in February, among other positive reports. The benchmark cryptocurrency slumped to the $38K low...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

March 04, 2022

Ripple vs. SEC Lawsuit Rumored to be Nearing Possible End

At long last, sources close to the case opine that the drawn-out legal battle between Ripple (XRP) and the US Securities and Exchange Commission (SEC) could reach an end soon. After over a year of back and forth, Rippe could finally take a breath of fresh air. An inside source told reporters that a...

#CRYPTOCURRENCY #NEWS #RIPPLE #Technicalanlysis #XRP

March 03, 2022

Bitcoin Highly Sought After By Russians Amid Global Sanctions

Mobius Capital Partners’ founder Mark Mobius has shared his thoughts on why Bitcoin (BTC) has been on a bullish trajectory for a while now on CNBC Tuesday, as the Russia-Ukraine crisis worsens. When asked if he would purchase Bitcoin in the current market conditions, Mobius replied that “I would no...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis