Bitcoin [BTC] Price Analysis: Rises After Square Buys $50 Million worth of BTC
According to Michael Saylor, Bitcoin is a store of value. His firm, the NASDAQ-listed MicroStrategy, is doubling down on Bitcoin, sinking over $450 million in the
Crypto Economy section, we will publish every week the technical price analysis of Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] and other cryptocurrencies.
These analyzes are prepared by our specialists based on the evolution of the markets.
A technical price analysis provides excellent and useful information that can help us know when is the best time to make movements in our investments or when it is not a good time to operate.
But we must not only take this information into account, the monitoring of the prices of a cryptocurrency must be accompanied by an investigation into the latest news related to it.
So we can get an idea about whether the price increase or decrease has occurred due to an event related to the project or if it could be a market manipulation, etc.
According to Michael Saylor, Bitcoin is a store of value. His firm, the NASDAQ-listed MicroStrategy, is doubling down on Bitcoin, sinking over $450 million in the
The Ethereum network processes three to four times the number of transactions in Bitcoin, highlighting just how dominant the platform is and the demands associated with
The blockchain world is fast-moving, evolving to find solutions for pressing world problems. Leading in line is the remittance problem and how fees tend to suppress
The U.S. Commodity Futures Trading Commission (CFTC) is suing BitMex, one of the worldās largest crypto derivatives platform, after join charges were presented by the DoJ
The crypto world is fast-paced and so is Ethereum. The platform is multi-faceted and is composed of many moving parts that sometimes relegate price and value
Over $9.75 billion is locked in Ethereum by different DeFi dApps. And this relates to ETH and ERC-20 tokens alone. This, by itself, points to how
Generally, the fate of Bitcoin and crypto is highly reliant on existing regulations. How authorities perceive the space and propose new rulesāor improvement of existing laws,
The Ethereum price is free-falling this week. Heavily losing versus the greenback, it has been consequential for DeFi assets whose governance tokens have been pummeled as
The Ripple price could be recoiling after bullish attempts of early last week. Even so, there are fundamentals that could buoy bulls in the next few
The Bitcoin price is back below $11,000 after briefly easing past strong liquidation levels at $10,500 and $10,800, respectively.
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