Technicalanlysis Archives - Page 6 of 8

January 27, 2022

Bitcoin Holdings: Tesla Digital Holding Remains Stable Q4 FY2021 Report

Giant Electric Vehicle manufacturer Tesla recently published its Q4 and FY2021 financial statements, which highlighted its Bitcoin (BTC) holdings. The company’s unaudited balance sheet showed that its BTC holding was valued at $1.26 billion at the end of December last year, unchanged from Q3 2021. ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

January 23, 2022

Bitcoin Slumps as El Salvador Buys the Dip

Bitcoin (BTC) bulls and President of El Salvador Nayib Bukele took to Twitter on Friday to tell his over 3.4 million followers that his country had purchased 410 additional BTC for $15 million amid the recent market crash. Bukele noted that the country bought BTC at $36,585, adding that “Some guys ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

January 21, 2022

Dogecoin is a Security and the SEC is Coming for it: Jim Cramer

Famous CNBC’s Mad Money host, Jim Cramer, warned against investing in Dogecoin (DOGE) on Thursday. The talk host took to Twitter yesterday, urging his 1.7 million followers to “please be careful with Dogecoin,” adding that the meme token “is a security” and “will be regulated.” Cramer also tweeted:...

#CRYPTOCURRENCY #DOGE #DOGECOIN #NEWS #Technicalanlysis

January 20, 2022

MicroStrategy Against Selling Any Bitcoin Despite Bearish Persistence

Despite trading down by 35% from its previous record high of $69K, Bitcoin (BTC) bull Michael Saylor, CEO of MicroStrategy, has asserted that his company has no plans of selling any bit of its $5 billion BTC holding anytime soon. MicroStrategy’s stocks have become a safer avenue for many to get Bit...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

January 18, 2022

Bitcoin Hub: Rio Mayor to Store 1% of City’s Treasury in BTC

Mayor of Rio de Janeiro, Eduardo Paes, has announced plans to allocate 1% of his city’s Treasury into Bitcoin (BTC). If the mayor goes through with this, the city could become the first Brazilian city to hold BTC on its balance sheet as a store of value. Mayor Paes revealed his crypto adoption plan...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

January 16, 2022

Bitcoin Holds Firmly Above $43K as BTC’s Hash Power Records New All-Time High

Bitcoin (BTC) traded on a steady sentiment on Sunday as the network experienced a groundbreaking mining record. Reports show that miners dedicating SHA256 processing power to the BTC network cleared a new hash power record high earlier today. The new hash power record scaled the previous all-time h...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis

January 11, 2022

Bitcoin Maintains Bearish Bias as $39,000s Come into Focus

In what appears to be another bearish day in the making, Bitcoin (BTC) continues to struggle to stay afloat as bears keep their feet on the pedal. The benchmark cryptocurrency recorded a breakout below the critical $40K support for the first time since September 2021 yesterday but quickly posted a ...

#BITCOIN #BTC #CRYPTOCURRENCY #Technicalanlysis

December 29, 2021

Ethereum Hashrate Taps Record High as the Price Falls to Bears

Ethereum (ETH) miners continue to smile to the bank into the year’s end as a 1.5 gigahash per second (GH/s) ASIC device created by Innosilicon averages $84 per day. As of Monday, Ethereum’s network hashrate coasted around 992.59 terahash per second (TH/s). The ETH hashrate has recorded some i...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS #Technicalanlysis

December 26, 2021

Bitcoin Miners BTC Holding Hit Six-Month High Amid Sustained Accumulation

Ever since the devastating crypto sell-off in 2020, Bitcoin (BTC) miners’ reserves have maintained a positive growth trajectory and have just reached a six-month high. Meanwhile, recent on-chain data revealed that BTC reaccumulation has returned to September highs, the eve of the ongoing Bitcoin bu...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technicalanlysis