Technicalanlysis Archives - Page 5 of 8

February 27, 2022

Ted Cruz Loves Bitcoin Because of Its Decentralized Nature

US Senator Ted Cruz recently made some favorable comments about Bitcoin (BTC) at the Conservative Political Action Conference (CPAC) Thursday. Established in 1974, CPAC “is the largest and most influential gathering of conservatives in the world,” according to a memo on the website. At the event, S...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

February 25, 2022

Ripple Bags Another Victory as Judge Dismisses SEC’s Motion

Ripple (XRP) has bagged another win in the ongoing lawsuit against the US Securities and Exchange Commission (SEC) after Judge Analisa Torres threw out the watchdog’s request to file its Sur-Sur-Reply, inspired by the outcome of a similar case against blockchain content project LBRY. The judge’s de...

#CRYPTOCURRENCY #NEWS #RIPPLE #Technicalanlysis #XRP

February 24, 2022

Bitcoin Could Become Outlawed in Europe Following Anti-PoW Proposal

New reports from Germany-based cryptocurrency media platform BTC-ECHO show that Bitcoin (BTC) could be banned in Europe, as the European Parliament, a legislative arm of the European Union (EU), moved to ban the cryptocurrency and other proof-of-work (PoW) cryptocurrencies. The long-awaited final f...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

February 17, 2022

Bitcoin Law: President Bukele Slams US Lawmakers for Criticism of BTC Legal Tender Status

El Salvador’s Bitcoin (BTC) Law continues to receive fire from global authorities as American legislators take a swipe at it. However, President Nayib Bukele was having none of it and took a jab at the legislators, noting that: “We are not your colony, your back yard, or your front yard. Stay out o...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

February 16, 2022

Ripple vs. SEC: Pending White House Crypto Report Could Undo Ripple’s Wins

Ripple Labs maintains the upper hand in the ongoing legal brawl with the US Securities and Exchange Commission. The cryptocurrency company has secured numerous wins throughout the lawsuit, helping it build a strong opposition to the SEC’s claims that its native token, XRP, is not a security. Howeve...

#CRYPTOCURRENCY #NEWS #RIPPLE #Technicalanlysis #XRP

February 14, 2022

Ethereum Records Multi-Month Average Transaction Fee Low

The average Ethereum (ETH) transaction cost has dropped to its lowest level in roughly four months, as transactions on the network declined to 0.0052 ETH or $15.13 today. Notably, the median-sized ETH transfer fee costs even less, as Bitinfochart.com revealed that the median-sized gas fee today is ...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS #Technicalanlysis

February 13, 2022

Bitcoin SOPR Metric Indicates Increasing Bullish Outlook By Investors

On-chain Bitcoin (BTC) data shows that market sentiment currently resides at significantly bullish levels. The Short-term Output Profit Ratio (SOPR) metric on Glassnode, which reflects the overall behavior of market participants has just turned bullish. That said, analysts have compared the current...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

February 08, 2022

Bitcoin Holdings: Tesla Reports Financial Statement Containing BTC Holding Status

Behemoth electric vehicle manufacturer Tesla recently revealed that its Bitcoin (BTC) holdings have a fair value of about $2 billion as of December, in its latest annual report filing with the US Securities and Exchange Commission (SEC). The company also noted that its sees crypto both as an invest...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

January 28, 2022

Cardano Records +90% Blockchain Load Amid Rising Demand

After recording a series of major network developments in the past few months, Cardano (ADA) has been stretched to its processing limits again. Recent reports show that the blockchain load has been over 90% for the past eight days, its longest time on record, stretching its capacity. “Blockchain lo...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #Technicalanlysis