The post Solana Trader Achieves $1.68 Million Profit in Just Two Weeks: Here’s How appeared on BitcoinEthereumNews.com. A crypto trader has achieved an exceptional stunt: He made over $1.68 million of realized profits in just 15 days by trading in the Solana ecosystem. The trader reportedly spent 23 SOL worth $3,300 to buy two meme […]

TL;DR Mt.Gox Repayment Delayed: Patience Required: Creditors owed Bitcoin (BTC) and Bitcoin Cash (BCH) from the defunct Mt. Gox exchange will need to wait a bit longer. Though repayments are nearing, the process is delayed to ensure secure transactions. Security First: Safeguarding the Repayment Process: Mt. Gox is prioritizing cybersecurity. They’re establishing secure channels for […]

The post Bitcoin Technical Analysis: Mt Gox Payment News Rattles Markets appeared on BitcoinEthereumNews.com. Bitcoin’s price action on June 24, 2024, indicates a clear bearish trend. Hovering around $61,171, bitcoin has fluctuated between $60,580 and $64,384 in the past 24 hours. BTC’s market cap is $1.21 trillion, with a trading volume of $19.12 billion, reflecting […]

The post How much is Massachusetts senator Ed Markey worth; Ed Markey’s net worth revealed appeared on BitcoinEthereumNews.com. In case you’re curious about Ed Markey’s net worth, you’ve come to the right place. In this article, we explore the Massachusetts senate representative’s finances by going through his assets, investments, and all other relevant information. Who […]

The post Ethereum Transaction Fees Plummet to 4-Year Low Amidst Network Upgrades appeared on BitcoinEthereumNews.com. Ethereum’s network has recorded the lowest transaction fees in four years. This dip signals the potential benefits layer-2 solutions might bring to transaction costs. Notably, the recent average transaction fee dropped below 3 gwei, a level unseen since January 2020. […]

The post Cardano Falls Below $0.35 And Attracts Buyers appeared on BitcoinEthereumNews.com. Jun 24, 2024 at 08:33 // Price The price of Cardano (ADA) has come under renewed selling pressure as the bears have broken through the key support level of $0.42. Long-term forecast for the Cardano price: bearish Since April 13, the cryptocurrency has […]

The post Bitcoin and Ethereum see major outflows as altcoin investments rise appeared on BitcoinEthereumNews.com. Digital asset investment products experienced significant outflows last week, with investors pulling a whopping $584 million from the market, according to CoinShares’ latest report. Bitcoin and Ethereum took the hardest hits, with Bitcoin seeing $630 million in outflows and Ethereum […]

The post Light Protocol and Helius Labs launch ZK Compression on Solana to reduce storage costs appeared on BitcoinEthereumNews.com. The ZK Compression uses zero-knowledge proofs for data compression. The ZK Compression slashes Solana on-chain storage costs by 99%. The ZK Compression operates as an integrated L1 solution, avoiding typical L2 complexities. Light Protocol and Helius […]

The post Why is Crypto Down Today? BTC Price Below $63,000 Amid Market Pressures & Trader Liquidations appeared on BitcoinEthereumNews.com. TLDR Bitcoin’s price dropped below $63,000, reaching as low as $62,500. Over 60,000 traders were liquidated, resulting in losses exceeding $130 million. Factors contributing to the decline include decreased whale transactions, withdrawals from derivative exchanges, […]

The post Western politics dominates the narrative this week – UBS appeared on BitcoinEthereumNews.com. This week has a lot of politics in it, and markets are rarely that good at pricing political risk, Chief Economist at UBS Global Wealth Management Paul Donovan argues. Markets focus on politics in the US and Europe “The US presidential […]