The post Technology Giant SONY Announces Launch of First Public Test Network for a New Blockchain Based on Optimism! appeared on BitcoinEthereumNews.com. Sony Block Solutions Labs, Sony’s blockchain division, announced that it has launched the first public testnet for the Soneium blockchain, an Ethereum Layer 2 network based on the Optimism Stack (Op Stack). Sony […]

The post Will The $0.55 Support Level Hold After XRP Was Rejected at $0.6? appeared on BitcoinEthereumNews.com. Ripple has been trading within a tight range of $0.55 to $0.63, with the price recently facing a significant rejection near the critical $0.64 resistance level, retracing toward the range’s lower boundary. Despite this pullback, the asset is […]

The post Judicial reforms take their toll – ING appeared on BitcoinEthereumNews.com. The Peso closed at its lowest levels of the year against the dollar yesterday as investors continue to take a dim view of the ruling Morena’s party constitutional reforms, ING’s FX strategist Chris Turner notes. The judicial reforms are currently in focus “Very […]

The post BlackRock to Debut ETHA on Brazilian Exchange on Wednesday appeared on BitcoinEthereumNews.com. BlackRock will debut its spot ETH ETF on Brazil’s B3 exchange on Wednesday. The ETF will trade on B3 under the ticker ETHA39 as a Brazilian depositary receipt. Brazil also recently approved two spot Solana ETFs for investors. BlackRock, the world’s […]

The post Ethereum plunges below $2,500: Is the price bottom yet to come? appeared on BitcoinEthereumNews.com. Ethereum’s price declined by nearly 8% in the last 24 hours alone.  A whale with a good track record sold ETH at a loss.  Ethereum [ETH] investors were having a tough time as the king of altcoins’ price dropped […]

The post Bad news again – Commerzbank appeared on BitcoinEthereumNews.com. Turkish policymakers are waiting for some much-needed decline in inflation to back their claim that inflation is moderating through H2 2024. So far, however, only superficial improvement is observed. The month-on-month rate of CPI change even re-accelerated in July, and end-2024 inflation expectations deteriorated, Commerzbank’s […]

The post Analysts claim this altcoin is poised to outperform ETH, DOGE appeared on BitcoinEthereumNews.com. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum and Dogecoin falter, Rollblock emerges as the leading altcoin for investors, poised for a huge surge in […]

The post Bitcoin Miner Buys Microstrategy Shares As MSTR Stock Outperforms S&P 500 appeared on BitcoinEthereumNews.com. Bitcoin mining company Vortex Brands (VTXB) has recently set the crypto town abuzz, revealing its purchase of MicroStrategy (MSTR) stocks. The company underlined this investment as a strategic decision on Wednesday. Meanwhile, the stock accumulation promptly reverberated optimism for […]

The post Cautious optimism on disinflation – ING appeared on BitcoinEthereumNews.com. For the second consecutive month, there is some tentatively encouraging news on inflation for the Reserve Bank of Australia. Monthly headline CPI eased from 3.8% to 3.5% year-on-year in July. That was above the 3.4% consensus, but the slowdown in the trimmed mean (i.e. core) from 4.1% to […]

The post Shiba Inu Breaks Downtrend, Analyst Sets Buying Guide for 167% Profit appeared on BitcoinEthereumNews.com. Shiba Inu (SHIB) has broken above a significant downtrend, with an analyst recently setting up a price target for an ultimate 167% uptrend. Shiba Inu has dropped with the rest of the markrt. Despite this downward movement, many traders […]