The post Avalanche9000 Upgrade: Transforming Blockchain with 99.9% Cost Reduction and a $40M Grant Program appeared on BitcoinEthereumNews.com. On November 26th, COINOTAG reported a pivotal upgrade to the Avalanche blockchain, as revealed by The Block. Dubbed Avalanche9000, this update aims to significantly enhance the network’s efficiency, boasting a reduction in blockchain deployment costs by an […]

The post Hong Kong’s Digital Bank Opens Doors to Retail Crypto Trading appeared on BitcoinEthereumNews.com. ZA Bank, Hong Kong’s first and largest digital bank, has achieved a milestone as the first bank in Asia to offer direct cryptocurrency trading services to retail customers through its app. The service was launched with HashKey to meet regulatory […]

The post Market Makers May Be Influencing Bitcoin’s Price Decline Amid Liquidation Event and Year-End Rebalancing appeared on BitcoinEthereumNews.com. The recent downturn in Bitcoin’s price highlights the volatility and complexity of the cryptocurrency market, as market makers engage in strategic positioning. This sharp sell-off is not entirely unexpected, as analysts suggest it may reflect a […]

The post Top DeFi Projects With Highest Burned ETH in the Last 7 Days appeared on BitcoinEthereumNews.com. The Ethereum (ETH) ecosystem is constantly expanding, and one of the important processes that have emerged is the burning of ETH. Burning denotes the process by which some Ethereum is sent to a special address and is effectively […]

The post Ripple’s XRP Ledger Tokenizes $4.77 Billion Money Market Fund, Signaling Potential in Real-World Asset Tokenization appeared on BitcoinEthereumNews.com. Ripple has made significant strides in the realm of financial technology by tokenizing asset manager abrdn’s substantial $4.77 billion US dollar Liquidity Fund on the XRP Ledger. This landmark move marks Ripple’s first entry into […]

The post Avalanche Blockchain’s Largest-Ever Upgrade Goes Live on Testnet appeared on BitcoinEthereumNews.com. Avalanche, the eighth-largest blockchain by total value locked (TVL), is moving ahead with a major technical makeover. The Avalanche9000 upgrade went live in a test network environment (testnet) Monday, bringing the changes one step closer to the main network (mainnet), the Avalanche […]

The post GBP/USD churns ahead of quiet week appeared on BitcoinEthereumNews.com. GBP/USD waffled near 1.2600 on quiet start to the trading week. Market flows are likely to remain tepid on US holiday-thinned week. GBP-centric economic data remains light through Friday. GBP/USD churned chart paper near the 1.2600 handle, finding thin gains through the day’s market […]

The post Avalanche Upgrade Promises Enhanced Interoperability and Unlocks Over $40 Million in Retroactive Rewards for Developers appeared on BitcoinEthereumNews.com. The Avalanche network is undergoing its most significant upgrade since launching its mainnet, promising to unlock over $40 million in rewards for its community. This substantial upgrade, known as Avalanche9000, aims to enhance the platform’s […]

The post XRP Open Interest Hits New Record Peak. Is Major Move on the Horizon? appeared on BitcoinEthereumNews.com. XRP’s open interest, which refers to the total number of open futures or options contracts, has hit a new record high of $2.6 billion, according to CoinGlass data.  According to Maartunn, a pseudonymous analyst at CryptoQuant, SEC Chair […]

The post Gold price slumps as risk-aversion wanes, amid Middle East ceasefire appeared on BitcoinEthereumNews.com. Gold sees significant sell-off on developments in the Middle East. Markets viewed Scott Bessent’s appointment as Treasury Secretary positively. Possible ceasefire between Israel and Lebanon keeps Gold heavy. Gold price (XAU/USD) plummeted during Monday’s North American session as news from […]