Gold price slides to over one-week low amid hawkish Fed, bears await key US data

The post Gold price slides to over one-week low amid hawkish Fed, bears await key US data appeared on BitcoinEthereumNews.com. Gold price drifts lower for the second straight day amid the Fed’s hawkish outlook. A September rate cut by the Fed remains on the table, which caps gains for the USD. Persistent geopolitical tensions contribute […]

Trump is in talks to speak at Bitcoin 2024 in July: report

The post Trump is in talks to speak at Bitcoin 2024 in July: report appeared on BitcoinEthereumNews.com. With just months left until the 2024 U.S. election, former President Trump is looking to cement a potentially key group: the crypto community. According to Axios, Trump is in talks with an eye on speaking at the Bitcoin […]

Blackrock close to the crown for the largest global Bitcoin fund

The post Blackrock close to the crown for the largest global Bitcoin fund appeared on BitcoinEthereumNews.com. In recent years, the world of cryptocurrencies has seen explosive growth, pushing major asset managers like BlackRock to reconsider their stance on Bitcoin and digital assets. BlackRock, the giant in the investment industry with over 10 trillion dollars in […]

Cega Unveils Innovative DeFi Shark Fin Products

The post Cega Unveils Innovative DeFi Shark Fin Products appeared on BitcoinEthereumNews.com. [PRESS RELEASE – Singapore, Singapore, June 25th, 2024] Cega, a leader in DeFi structured investment products, is thrilled to announce the launch of its latest offering—Shark Fin vaults. Cega aims to address a gap in the market for conservative investors and DeFi lenders […]

Bitcoin’s MVRV Ratio Signals Potential Rebound Amid Market Uncertainty

The post Bitcoin’s MVRV Ratio Signals Potential Rebound Amid Market Uncertainty appeared on BitcoinEthereumNews.com. Since February 2023, the Bitcoin MVRV Ratio has dipped below -8.40% on four occasions, each time triggering significant price jumps of 63%, 100%, 92%, and 28%. With Bitcoin currently priced under $60,000 and the MVRV Ratio at -8.96%, this might be […]

FTX Bankruptcy Update: Creditors Seek In-Kind Crypto Payments Amid Restructuring Plan

The post FTX Bankruptcy Update: Creditors Seek In-Kind Crypto Payments Amid Restructuring Plan appeared on BitcoinEthereumNews.com. The collapse of the FTX exchange in November 2022 left many users without access to their funds, causing widespread concern in the crypto community. Subsequent to the abrupt halt in withdrawals, FTX was hacked, leading to further complications for […]

Will the crypto bull run continue amidst Bitcoin’s extended losses?

The post Will the crypto bull run continue amidst Bitcoin’s extended losses? appeared on BitcoinEthereumNews.com. BTC losses compounded negative sentiment on crypto bull run prospects  Despite the drawdown, analysts suggested that the market hasn’t topped.  Bitcoin [BTC] posted more losses on Monday, 25th June, sliding to $58.6K during the intra-day trading session as market sentiment […]

Australia Westpac Leading Index (MoM) climbed from previous -0.03% to 0% in May

The post Australia Westpac Leading Index (MoM) climbed from previous -0.03% to 0% in May appeared on BitcoinEthereumNews.com. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy […]

Singapore’s central bank expresses money laundering concerns with digital assets

The post Singapore’s central bank expresses money laundering concerns with digital assets appeared on BitcoinEthereumNews.com. Singapore’s central bank has flagged digital payment tokens (DPTs) as avenues for money laundering alongside casinos and precious stones and metals. In its ‘2024 Money Laundering Risk Assessment Report,’ the Monetary Authority of Singapore examined the biggest threats to the […]

Rise In XRP Whales Threatens To Send Available Supply To New Levels Of Scarcity

The post Rise In XRP Whales Threatens To Send Available Supply To New Levels Of Scarcity appeared on BitcoinEthereumNews.com. XRP is undoubtedly home to more whale addresses than many would expect, with supply data even showing an interesting concentration among these whale wallets. An XRP proponent named Chad Steingraber recently highlighted this phenomenon on social […]