The post Kraken Job Cuts 15% Layoff Restructures Future for 400 Employees appeared on BitcoinEthereumNews.com. Key Points: Kraken job cuts 400 jobs to streamline operations and boost agility. Silicon Valley veteran Arjun Sethi joins as co-CEO to drive Kraken’s growth alongside Dave Ripley. Kraken job cut announced Wednesday it’s laying off 15% of its workforce, […]

The post Florida Considers Bitcoin Investment for State Pensions appeared on BitcoinEthereumNews.com. Florida’s Chief Financial Officer Jimmy Patronis is advocating for the state’s retirement funds to explore investments in Bitcoin, labeling the cryptocurrency as “digital gold.” This initiative, if passed, would place Florida alongside Wisconsin and Michigan as one of the few states integrating digital […]

The post How High Might BTC Reach by Year-End? appeared on BitcoinEthereumNews.com. Michaël van de Poppe, a seasoned crypto analyst, has recently shared an optimistic timeline for Bitcoin’s potential price movements. His insights suggest that Bitcoin is on the verge of retesting its all-time high (ATH) in the coming weeks, highlighting a setup for significant […]

The post SHIB Dips 3% Post $0.00001979 Monthly Peak; What’s Next? appeared on BitcoinEthereumNews.com. The Shiba Inu token, the second-largest meme cryptocurrency by market cap, recently soared to a monthly high, reaching $0.00001979 on October 29. Following this high, SHIB experienced a slight retracement, dipping to $0.00001832—an approximate 3.86% decrease within a day. Despite this […]

The post SXT Chain Testnet Launch: Space and Time Labs Introduces Zero-Knowledge Verification for Smart Contracts appeared on BitcoinEthereumNews.com. On October 31, Space and Time Labs, an emerging AI blockchain startup supported by Microsoft, unveiled the beta version of the SXT Chain testnet during the prominent 2024 SmartCon conference, organized by Chainlink. This innovative blockchain […]

The post Ethereum struggles at $2.8K: Will the bulls push through? appeared on BitcoinEthereumNews.com. The bullish triangle pattern could see ETH breakout toward $3,350 Unenthusiastic demand could hurt the chances of a breakout Ethereum [ETH] was trading beneath the resistance zone at $2.8k which was unbeaten since August. The recent move upward was slow and […]

The post New Highs Coming for Dogecoin (DOGE): 3 Meme Coins to Watch as Crypto’s Dog Season Unfolds appeared on BitcoinEthereumNews.com. Dogecoin (DOGE) jumped nearly 5% on Wednesday, extending its strong four-day rally after Elon Musk’s recent support for Donald Trump and hints at a “Department of Government Efficiency (D.O.G.E.).” This uptick has fueled speculation […]

The post Whale Transfers 92,751 SOL to Binance, Realizing $3.3 Million Profit Amid Market Surge appeared on BitcoinEthereumNews.com. According to recent findings from on-chain analyst Yu Jin, significant activity was recorded on October 31, when a cryptocurrency whale executed a transfer of 92,751 SOL, equivalent to US$16.34 million, to Binance. This transaction enabled the whale […]

The post Coinbase Misses Q3 Estimates, Cites Market Weakness appeared on BitcoinEthereumNews.com. Coinbase stock fell in after-hours trading Wednesday after the cryptocurrency exchange reported third-quarter earnings and revenue that fell below Wall Street analysts’ estimates. According to the exchange, one of the reasons is “the soft market”. Based on FactSet data, the crypto exchange posted […]

The post Polymarket Faces Scrutiny Over Trading Practices appeared on BitcoinEthereumNews.com. The prediction platform Polymarket is under critical examination as the 2024 U.S. presidential elections draw near due to accusations of wash trading. Recent data from Polymarket suggests a 67% likelihood of Donald Trump winning against Kamala Harris, prompting concerns over the platform’s integrity. What […]