The post Bitcoin Is Trading Slightly Below $60,000 And Risks A Further Decline appeared on BitcoinEthereumNews.com. Aug 13, 2024 at 12:09 // Price Bitcoin (BTC) price has started a range-bound move after rebounding above the $53,000 support. Bitcoin price long term forecast: bearish On August 5, as reported by Coinidol.com, the largest cryptocurrency fell to […]
Home Depot stock falls after earnings: Buy the dip?
The post Home Depot stock falls after earnings: Buy the dip? appeared on BitcoinEthereumNews.com. Key points Home Depot beat second quarter earnings estimates, despite a year-over-year EPS decline. The company lowered its guidance for fiscal 2024 based on macroeconomic factors hurting its business. Is Home Depot stock a buy? The home improvement big box store […]
Expert Targets $57 for MATIC by 2025 if Key Support Holds
The post Expert Targets $57 for MATIC by 2025 if Key Support Holds appeared on BitcoinEthereumNews.com. The Polygon native token, MATIC, has recently experienced a sharp decline, losing almost 30% of its value within the last month. Notably, the token reached a local low of $0.30, a level recognized for its historical significance as a key […]
Ripple Signs New Partnership to Promote XRPL Use in Web3
The post Ripple Signs New Partnership to Promote XRPL Use in Web3 appeared on BitcoinEthereumNews.com. Famous XRP community figure “Crypto Eri” calls attention to a recent strategic partnership from Ripple to foster the use of the XRP Ledger (XRPL) in the Web3 community. According to an announcement today, SBI Digital Community, a subsidiary of SBI […]
Inside CoinList’s Staking Fund for Digital Assets
The post Inside CoinList’s Staking Fund for Digital Assets appeared on BitcoinEthereumNews.com. The CoinList Staking Fund is a new passive return option available exclusively to accredited investors and family offices in the US who want exposure to staked digital assets. The CoinList Staking Fund is one of the best crypto staking platforms. It targets professional […]
Ethereum ETF Inflows Revive As Grayscale’s ETHE Outflows End, What’s Next?
The post Ethereum ETF Inflows Revive As Grayscale’s ETHE Outflows End, What’s Next? appeared on BitcoinEthereumNews.com. Spot Ethereum ETFs have witnessed a resurgence in inflows after weeks of subdued activity, driven by a significant shift in the market. Moreover, Grayscale’s ETHE, one of the most prominent Ether ETFs, marked a pivotal moment by ending its […]
U.S Spot Ethereum ETFs See $4.9M Inflows, Ending 3-day Outflow Streak
The post U.S Spot Ethereum ETFs See $4.9M Inflows, Ending 3-day Outflow Streak appeared on BitcoinEthereumNews.com. Ethereum News The ETHE by Grayscale showed no flows after 14 days of outflows. The only spot ether ETF to see negative flows was VanEck’s ETHV. On Monday, $4.9 million poured into U.S. spot Ethereum ETFs, while the Grayscale […]
Bukele Announces Private Investment of $1.61 Billion in Third Phase of Economic Overhaul Plan for El Salvador
The post Bukele Announces Private Investment of $1.61 Billion in Third Phase of Economic Overhaul Plan for El Salvador appeared on BitcoinEthereumNews.com. President Nayib Bukele used his personal X account to present the third phase of his economic plan for El Salvador. Titled “Logistics,” this new phase will entail raising private investments to modernize the […]
Tech CEO Arrested for Alleged $364,915,550 Crypto-Themed Fraudulent Scheme: Report
The post Tech CEO Arrested for Alleged $364,915,550 Crypto-Themed Fraudulent Scheme: Report appeared on BitcoinEthereumNews.com. A South Korean CEO is reportedly facing fraud charges for allegedly orchestrating a massive $364.9 million Ethereum (ETH)-themed crypto scheme. According to iNews24, Byun Young-oh, the CEO of tech firm Wacon, was arrested for allegedly running a pyramid scheme disguised […]
Puell Multiple drops as miner revenues hit 10-month low
The post Puell Multiple drops as miner revenues hit 10-month low appeared on BitcoinEthereumNews.com. Miner revenues serve as a barometer for the overall state of the Bitcoin ecosystem, reflecting the delicate balance between mining costs, Bitcoin price, and network difficulty. Since Apr. 24, miner revenue has consistently been below its 365-day simple moving average (SMA), […]