The post Bitcoin Indicator That’s Historically Predicted ‘Blow Off Tops’ Flashing Green, Says Analyst appeared on BitcoinEthereumNews.com. A popular crypto analyst says that one key technical indicator is suddenly signaling Bitcoin (BTC) could go on a parabolic surge. Pseudonymous analyst TechDev tells his 458,300 followers on the social media platform X that the Chaikin Money […]
Will Ethereum Price Break $4K in Short-term Trading?
Ethereum price has plunged following a decline in the wider crypto market sentiment due to macroeconomic factors. As Bitcoin trades below the $70,000 mark altcoins have seen corrections falling below resistance levels. At press time, the crypto market cap stands at $2.42 trillion, a 4% decline in the last 24 hours. Leading altcoin Ethereum has […]
US PPI Inflation Drops, Sparks Optimism Amid Fed’s Dovish Stance
The post US PPI Inflation Drops, Sparks Optimism Amid Fed’s Dovish Stance appeared on BitcoinEthereumNews.com. Crypto Live News Author: Elena R Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into […]
Bitcoin, Dogecoin, Shiba Inu Falling Drastically: Here’s Why
The cryptocurrency market is giving back the gains accrued on Wednesday following the release of inflation data in the US. After touching $70,000 Bitcoin price lost ground to below $67,000. Many top analysts believe that if BTC slides below the $66,000 level, the downfall could continue to $64,000. Altcoins are also in the red led […]
Bitcoin Miner Sell-Offs Drive BTC Down to $66k, According to Research
TL;DR Bitcoin miners increase sales amid financial pressures. Mass transfers from mining pools and OTC sales. Mining companies reduce holdings significantly. In the current Bitcoin market, miners face significant pressure to sell their assets, reflected in the recent BTC price drop to approximately $66,350. According to CryptoQuant analysis, this trend has intensified due to several […]
10X Research Asks Investors to Avoid Ethereum amid Fed Rate Cut Uncertainty
The post 10X Research Asks Investors to Avoid Ethereum amid Fed Rate Cut Uncertainty appeared on BitcoinEthereumNews.com. Coinspeaker 10X Research Asks Investors to Avoid Ethereum amid Fed Rate Cut Uncertainty Despite the favorable US CPI data, Bitcoin price gave a brief run up to $70,000 on Wednesday, while falling again to $67,000 as the Federal […]
Ripple and Archax Extend Collaboration to Boost Real-World Asset Tokenization on XRP Ledger
The post Ripple and Archax Extend Collaboration to Boost Real-World Asset Tokenization on XRP Ledger appeared on BitcoinEthereumNews.com. Ripple, a leading enterprise in blockchain and crypto solutions, and Archax, the UK’s first regulated digital asset exchange, have announced an extension to their existing collaboration on June 13, 2024. This partnership aims to bring hundreds of […]
Memecoins Could Be The Cornerstone of Crypto Space; Here Is Why
The post Memecoins Could Be The Cornerstone of Crypto Space; Here Is Why appeared on BitcoinEthereumNews.com. On June 13, Michael Novogratz, the CEO of Galaxy Digital came in support of memecoins, and declared them as the ‘cornerstone’ of the crypto industry. The rising popularity of meme tokens and expansion, made them the “most powerful narratives […]
MicroStrategy to Issue $500M Convertible Notes, Eyes Bitcoin Purchase
The post MicroStrategy to Issue $500M Convertible Notes, Eyes Bitcoin Purchase appeared on BitcoinEthereumNews.com. MicroStrategy’s $500M notes offering will fund significant Bitcoin purchases and corporate purposes. The flexible conversion options for MicroStrategy’s notes add appeal for investors seeking diverse returns. Market conditions will influence the additional $75M in notes offered, impacting MicroStrategy’s funding strategy. MicroStrategy […]
Kucoin Report: Ethereum ETF, Stablecoin Issuance, Layer 2 Trends, Sybil Attacks & More
The post Kucoin Report: Ethereum ETF, Stablecoin Issuance, Layer 2 Trends, Sybil Attacks & More appeared on BitcoinEthereumNews.com. TLDR The SEC’s approval of a Spot Ethereum ETF boosted market confidence and drove a rebound in cryptocurrency assets, along with strong performance in U.S. stocks and tech stocks. Stablecoin issuance showed mixed trends, with notable declines […]