The post Bitcoin drops below $60,000 as recession fears escalate appeared on BitcoinEthereumNews.com. Key Takeaways US job market downturn and high unemployment rate trigger Bitcoin’s fall to $60,000. Bitcoin’s MVRV ratio suggests it is undervalued, hinting at a potential market rebound. The price of bitcoin (BTC) fell below $60,000 on Saturday amid growing fears that […]

The post Sharpe AI Announces Listing Of Its Token $SAI On Gate.io appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Sharpe AI is proud to announce the upcoming listing of its token, $SAI, on Gate.io, which will mark a new chapter for AI-powered crypto trading. According to the Sharpe AI team, the listing has been set for […]

The post BlackRock’s Tokenized Fund on Ethereum Pays Out $2.1 Million appeared on BitcoinEthereumNews.com. The BlackRock USD Institutional Digital Liquidity (BUIDL) fund distributed more than $2 million in dividends in July, an all-time high for its monthly payouts. The tokenized fund distributed $2.12 million to investors in July, up roughly 16% from the prior month, […]

The post Bitcoin Falls Below $61,000, Taking Altcoin Prices Down With It appeared on BitcoinEthereumNews.com. The largest cryptocurrency, bitcoin, dropped to price levels below $61,000 from highs of over $65,000 within 24 hours. The asset also nearly peaked past $70,000 earlier in the week. This drop comes despite a US jobs report showing that only […]

The post ‘Hand ’Em a Little Bitcoin’: Donald Trump Suggests Crypto Could Wipe Out US National Debt appeared on BitcoinEthereumNews.com. Former President Donald Trump says he could use crypto to pay off the US government’s $35 trillion national debt. The Republican nominee for president brought up the idea in a recent interview on Fox Business, […]

The post FET Price Falls to Support as Market Bulls Lose Their Grip appeared on BitcoinEthereumNews.com. Artificial Superintelligence Alliance (FET) has been consistently declining since May. Its price, assessed on a one-day chart, has formed a descending triangle pattern. Exchanging hands at $1.10, the altcoin currently trades at support and is poised to breach this […]

The post CFTC Probes Ben Armstrong For Meme Crypto Fraud, What’s Happening? appeared on BitcoinEthereumNews.com. The CFTC (Commodity Futures Trading Commission) has recently probed into a meme crypto fraud involving the renowned crypto YouTuber Ben Armstrong, also known as BitBoy. According to recent reports surfacing across the crypto horizon, the regulatory body issued a subpoena […]

The post Mt Gox-like Earthquake in Bitcoin and Cryptocurrencies: 3 Billion Dollar Distribution Approved appeared on BitcoinEthereumNews.com. Genesis, along with its subsidiaries, received court approval to distribute $3 billion in cash and cryptocurrency to its creditors as part of a finalized bankruptcy liquidation plan. This payment represents approximately 77% of the value of customer claims. […]

The post Mild uptrend develops as bears take a breather appeared on BitcoinEthereumNews.com. Despite the predominantly bearish trend, NZD/USD exhibits signs of a mild rebound. Key resistance is noted at 0.5980, with a substantial support level observed around 0.5760. Daily RSI fluctuates under the 50-mark, indicating lasting bearish sentiment, but a recent recovery above 40 […]

The post Angry Investor to Sue Mt. Gox for Refusing to Honor Bitcoin Claims appeared on BitcoinEthereumNews.com. Coinspeaker Angry Investor to Sue Mt. Gox for Refusing to Honor Bitcoin Claims A disgruntled investor is preparing to take legal action against Mt. Gox, a once-dominant crypto exchange that collapsed in 2014 after cybercriminals stole around 850,000 […]