The post Trader Loses Over $1 Million in Normie Meme Coin Exploit appeared on BitcoinEthereumNews.com. A trader recently lost over $1 million worth of digital assets due to the Normie meme coin exploit. The trader invested $1.16 million in 11.23 million Normie (NORMIE) meme coins, only to see his investment plummet by over 99% to […]

The post Polygon Surpasses 811 Million Transactions, Cementing Web3 Dominance appeared on BitcoinEthereumNews.com. Polygon has hit over 800 million transactions over the past six months, the second-highest in the industry after TRON and just ahead of BNB Chain. Analysts believe that Polygon is in the buy zone despite gaining 8% in the past week, with […]

The post Abercrombie & Fitch (ANF) earnings Q1 2024 appeared on BitcoinEthereumNews.com. An Abercrombie & Fitch signage is seen on a store on Fifth Avenue on August 25, 2022 in New York City.  Michael M. Santiago | Getty Images Abercrombie & Fitch reported its strongest first quarter in its history on Wednesday, continuing a winning […]

The post OKX Announces 19th Proof of Asset Reserves, User Holdings Surge! appeared on BitcoinEthereumNews.com. Key Points: OKX reports significant increases in user proof of asset reserves, with BTC up by 2.62%, ETH by 39k, and USDT by 4.26%. BTC holdings on OKX stand at 147k, while users possess 1.67 million ETH, showcasing strong investor […]

The post Bullish Share for Bitcoin from CryptoQuant Analyst: “The Bull is Not Over, Wait for June!” appeared on BitcoinEthereumNews.com. Last week, the Ethereum ETFs chart turned from negative to positive, bringing a big rise to ETH and ETH-based altcoins, while Bitcoin experienced a relatively limited rise. Moreover, after today’s Mt.Gox transfers, while BTC investors […]

The post Wall Street Memes Casino Review & Bonuses 2024 appeared on BitcoinEthereumNews.com. Wall Street Memes Casino is a new crypto-gambling platform welcoming users with an enticing Welcome Bonus with up to 50 free spins and 10 free bets. In addition, players can look forward to a massive $1M airdrop, a $5M mystery drop campaign, […]

The post Analyst Claims XRP Would Provide Lowest Returns with Highest Risk appeared on BitcoinEthereumNews.com. Coinspeaker Analyst Claims XRP Would Provide Lowest Returns with Highest Risk Renowned crypto analyst Jason Pizzino has raised cautionary flags regarding XRP, predicting it to offer the lowest returns with the highest risk among the top 11 altcoins. In a […]

The post Ethereum Leads in Open Interest Growth appeared on BitcoinEthereumNews.com. Ethereum is outperforming Bitcoin regarding open interest growth, sparking speculation about the imminent arrival of an altcoin season. This trend indicates a shifting focus among investors, potentially favouring Ethereum and other altcoins over the traditionally dominant Bitcoin. $ETH is surpassing, is altcoin season approaching? […]

The post GBP/USD could correct lower on risk aversion appeared on BitcoinEthereumNews.com. GBP/USD Forecast: Pound Sterling could correct lower on risk aversion GBP/USD continued to push higher during the European trading hours on Tuesday and climbed above 1.2800 for the first time in over two months. With the US Dollar (USD) benefiting from upbeat data […]

TL;DR Post-Halving Hurdles: Bitcoin mining is struggling with reduced block rewards from the recent halving event, compounded by a surge in network hashrate to a record 659 EH/s, making mining more competitive and difficult. Rising Competition and Security: The increase in hashrate, driven by miners activating new, powerful ASICs, leads to heightened competition but also boosts […]