The post Bitcoin Miners’ Capitulation Post-FOMC Exerts Bearish Pressure on BTC Price appeared on BitcoinEthereumNews.com. The current market dynamics post-FOMC are putting Bitcoin miners in a tight spot, leading to massive capitulation and closure of positions. This phenomenon could serve as shock therapy for the market, exposing underlying issues affecting Bitcoin’s recovery trajectory. A significant […]

The post Chinese public telecom provider Coolpad Group allocates $13.5m to buy Bitcoin mining rigs appeared on BitcoinEthereumNews.com. Shenzhen-headquartered telecommunications equipment company Coolpad Group has announced the purchase of $13.5 million worth of crypto mining rigs. Coolpad Group, a public Chinese telecom provider listed on the Hong Kong Stock Exchange, said in a regulatory filing […]

The post Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold appeared on BitcoinEthereumNews.com. Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. Expectedly, this bearish pressure has had a notable impact on the price of the premier cryptocurrency. According to data from […]

The post Pope Francis Calls for Global Ban on AI Weapons appeared on BitcoinEthereumNews.com. The dangers of artificial intelligence were again the subject of remarks by Pope Francis as he addressed world leaders at the annual G7 Summit in Puglia, Italy on Friday. During his speech, Francis called on global governments to ban the use […]

The post Ripple invokes SEC v. Terraform case, argues for smaller civil penalty appeared on BitcoinEthereumNews.com. The blockchain firm’s case with the SEC has been ongoing since December 2020, when the regulator alleged Ripple used XRP as an unregistered security to raise funds. Lawyers for blockchain firm Ripple have asked a court to consider an […]

The post Nasdaq’s New All-Time High Signals Potential Bitcoin Recovery appeared on BitcoinEthereumNews.com. The Nasdaq Composite recently reached a new all-time high, indicating a potential uptrend for the tech sector. Heavyweight tech stocks, including Microsoft and NVIDIA, contributed significantly to this surge. This positive movement in the tech sector might create a favorable environment for […]

The post LEAKED: Biden Admin to Attend Bitcoin Roundtable With Key Congressional Officials in DC appeared on BitcoinEthereumNews.com. U.S. Congressman Ro Khanna, representing California’s 17th congressional district, is set to host a Bitcoin and blockchain roundtable in Washington D.C. in early July, according to a private email sent by Khanna’s Office, seen by Bitcoin Magazine.  Khanna’s […]

The post Cardano (ADA) and XRP Competitor CYBRO Launching in Q3 with an Expected 5000% Return appeared on BitcoinEthereumNews.com. An emerging contender is set to challenge Cardano and XRP, with experts predicting a remarkable return. This new player is expected to make a significant impact in the market this third quarter. Enthusiasts and investors alike […]

The post How Oceania Is Impacting The Global Crypto Market appeared on BitcoinEthereumNews.com. Analysts like to break down the economic impact of cryptocurrency on a continent-by-continent basis. While some disagree with this approach, given the sheer size, cultural differences, and general crypto adoption, focusing on broader trends in specific regions can sometimes provide key insights […]

The post UwU Lend announces $5m bounty as hacker starts laundering stolen funds via Tornado Cash appeared on BitcoinEthereumNews.com. Decentralized lending protocol UwU Lend has unveiled a $5 million bounty to “identify and locate” the exploiter. Developers of UwU Lend are promising to pay up to $5 million “to the first person to identify and […]