Yesterday, the asset managed to win back some of the lost positions, but the mid-term downward trend generally continues. The prices were supported by the head of Ripple, Brad Garlinghouse, who said that the company had made significant progress in the litigation with the US Securities and Exchange Commission (SEC). Garlinghouse noted that the process could be completed next year, and its decisions would affect the entire crypto industry. He also...
On Wednesday, Bitcoin (BTC) mining difficulty has just jumped once again, for the third time in a row, forming a new increase streak, as previously discussed.Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, jumped by 13.24%, reaching 17.6 T. This is the highest increase since May this year, and a significant jump from the 15.56 T, reached during the previous adjustment two weeks a...
Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the blue line is directed downwards, while the red one remains horizontal. Confirmative line Chikou Span has crossed the price chart from below, current cloud has reversed from ascending to descending. The instrument has been corrected to the Tenkan-sen line. One of the previous minimums of Chikou Span line is expected to be a support level (4.0074). One of the previous maximu...