TL;DR Rebranding and Expanded Product Suite: Solend, a well-established DeFi application on Solana, has rebranded as Save Finance. The new name reflects its broader mission as a multipurpose DeFi platform. Impressive Growth and User-Centric Approach: Save Finance gained prominence during the crypto boom, reaching a peak Total Value Locked (TVL) of nearly $1 billion. Empowering […]

The post American Airlines (AAL) earnings Q2 2024 appeared on BitcoinEthereumNews.com. An American Airlines Boeing 737 MAX 8 aircraft approaches San Diego International Airport for a landing from Phoenix on June 28, 2024 in San Diego, California.  Kevin Carter | Getty Images American Airlines shares shed more than 7% in premarket trading Thursday after the […]

The post Ethereum Price Analysis: Why is ETH Price Down? appeared on BitcoinEthereumNews.com. The recent launch of Ethereum ETFs, coupled with a significant market sell-off, has brought the Ethereum price to its lowest in months. In this article we delve into the market dynamics behind this downturn, analyzing the factors contributing to the sell-off and […]

The post Bitcoin.com to Airdrop VERSE Tokens appeared on BitcoinEthereumNews.com. Active users of the Bitcoin.com Wallet app to be rewarded with Bitcoin.com’s ecosystem token VERSE. Bitcoin.com, a pioneer in the cryptocurrency space since 2015, has announced that it will proceed with an initial airdrop of Bitcoin.com’s ecosystem token VERSE. Green-lighted by the results of a […]

TL;DR Ethereum Price Correction: Ethereum (ETH) experienced a significant correction of almost 9% in a single day, making it the most substantial decline among the top 10 cryptocurrencies by market value. Bearish Outlook: Technical indicators suggest a bearish outlook for Ethereum. The Relative Strength Index (RSI) sharply declined, and moving averages exhibit bearish convergence. Spot […]

The post Keurig Dr Pepper (KDP) Q2 2024 earnings appeared on BitcoinEthereumNews.com. In this photo illustration, cans of Dr Pepper soda are displayed on June 03, 2024 in San Anselmo, California. Justin Sullivan | Getty Images Keurig Dr Pepper reported quarterly earnings and revenue that met analysts’ expectations on Thursday as higher prices fueled its U.S. soda sales. […]

The post FSB paper tackles stablecoin risks to emerging markets, developing economies appeared on BitcoinEthereumNews.com. The Financial Stability Board (FSB), an international body that monitors and makes recommendations about the global financial system, released a paper on the risks posed by global stablecoins to emerging market and developing economies (EMDEs). It highlighted increased interest in […]

Following Kraken exchange’s recent distribution, Mt. Gox creditors have now been slated to receive the final batch of their long-awaited funds. Earlier today, Bitstamp, a renowned digital currency exchange, announced it will distribute the next batch of Bitcoin, Bitcoin Cash, and Ethereum to affected parties. Related Reading: Mt. Gox Sends Bitcoin Again, This Time To […]

The post Crypto Market Dips as Global Stocks Decline appeared on BitcoinEthereumNews.com. TLDR Bitcoin price dropped from $65,500 to around $64,000 in early Asian trading hours. Over $250 million in bullish bets were liquidated, the largest amount since early July. Ethereum saw a larger drop of about 7.5-8.5% amid outflows from the new ETH ETF. […]

The post China to use ultra-long bonds for consumption as retail sales slump appeared on BitcoinEthereumNews.com. China’s retail sales grew by 3.7% in the first half of the year from a year ago. CNBC | Evelyn Cheng SHANGHAI — China on Thursday announced its most targeted measures yet for boosting consumption, which has remained lackluster […]