The post Expect THIS from SOL’s price IF a Spot Solana ETF is approved! appeared on BitcoinEthereumNews.com. 21Shares took VanEck’s lead in the pursuit of a Spot Solana ETF A surge in Solana inflows can be expected IF the applications go through Solana [SOL]‘s market performance over the last few years has attracted the attention […]
IRS Reveals Final Draft For Crypto Broker Requirements
The post IRS Reveals Final Draft For Crypto Broker Requirements appeared on BitcoinEthereumNews.com. The Internal Revenue Service (IRS) did not include decentralized exchanges or self-custodial wallets under its crypto broker reporting requirements. The United States Internal Revenue Service (IRS) revealed its final draft of the new crypto broker reporting requirements on June 28, and clarified […]
Bitcoin Billionaire Throws Cold Water on Price Surge: Don’t Expect Fireworks
The post Bitcoin Billionaire Throws Cold Water on Price Surge: Don’t Expect Fireworks appeared on BitcoinEthereumNews.com. Peter Thiel, the billionaire entrepreneur known for his bold investment bets and controversial stances, has taken a measured approach to Bitcoin. In a recent interview at the Aspen Ideas Festival, Thiel revealed he remains a Bitcoin holder, but expressed […]
Ethereum price could go parabolic soon, analysts say
The post Ethereum price could go parabolic soon, analysts say appeared on BitcoinEthereumNews.com. Ethereum price has held relatively well in the past few days as the odds of spot ETF approvals rose. ETH token was trading at $3,455 on Friday, a few points above this week’s low of $3,233. It remains in a correction zone […]
Does a 30% Fear & Greed Index Signals Bottom?
The post Does a 30% Fear & Greed Index Signals Bottom? appeared on BitcoinEthereumNews.com. Bitcoin Price Analysis: Following a two-week correction, the Bitcoin price now stabilizes above the psychological level of $60000. The consolidation market short-bodied candle has eased the selling pressure in the altcoin market but signs of reversal are yet to develop. Furthermore, […]
Base Network Surpasses Arbitrum as Top Ethereum Layer 2 Solution in Transaction Count
The post Base Network Surpasses Arbitrum as Top Ethereum Layer 2 Solution in Transaction Count appeared on BitcoinEthereumNews.com. The Base Network is currently outperforming other Ethereum Layer 2 solutions with a significant lead in transaction counts. This surge can be attributed to a rise in memecoin activities, driving more transactions to the network. Statistics show […]
Bitcoin Spot ETFs See $73M Worth of Cumulative Inflows
The post Bitcoin Spot ETFs See $73M Worth of Cumulative Inflows appeared on BitcoinEthereumNews.com. The spot Bitcoin ETFs have again witnessed some inflows. SpotOnChain, the popular platform offering precise crypto data to investors, has disclosed that BTC Spot ETFs effectively gained $73 million worth of inflows on June 28. The number is 6 times higher […]
Ethena Faces Sharp Decline As Major Investor Prepares To Exit
The post Ethena Faces Sharp Decline As Major Investor Prepares To Exit appeared on BitcoinEthereumNews.com. Ethena ($ENA) has seen a steep decline, trading at $0.50, which marks a significant drop from its all-time high of $1.50. In the past 24 hours alone, $ENA has fallen by 8%. A notable investor, identified by wallet address 0xb6c8, […]
Baidu Launches Ernie 4.0 Turbo Upgraded AI Model
The post Baidu Launches Ernie 4.0 Turbo Upgraded AI Model appeared on BitcoinEthereumNews.com. Chinese tech giant Baidu has launched a new large language model (LLM), Ernie 4.0 Turbo, to stay at the forefront of AI development. It’s an upgraded version of the Ernie 4.0 model from October 2023, with faster responses and better performance. Reuters […]
Will DOGE & SHIB Lead the Rally or the PEPE or WIF Maintain Dominance?
The post Will DOGE & SHIB Lead the Rally or the PEPE or WIF Maintain Dominance? appeared on BitcoinEthereumNews.com. Ever since the crypto markets gained strength and triggered a healthy upswing, the memecoins have ranged within no time. Of all the tokens, WIF, FLOKI, and BOME prices have been displaying acute strength, while PEPE and […]