Ripple CEO Predicts Shift in Crypto Landscape

The post Ripple CEO Predicts Shift in Crypto Landscape appeared on BitcoinEthereumNews.com. Ripple CEO Brad Garlinghouse has recently declared that the cryptocurrency industry is set for a significant “reset,” irrespective of the outcome of the upcoming U.S. elections. During his address at Washington DC Fintech Week, Garlinghouse criticized the current administration’s unfavorable stance towards digital […]

AUD/USD recovers further from over two-month low, climbs above mid-0.6600s on softer USD

The post AUD/USD recovers further from over two-month low, climbs above mid-0.6600s on softer USD appeared on BitcoinEthereumNews.com. AUD/USD attracts buyers on Thursday amid a modest USD pullback from a three-month high. Retreating US bond yields, along with stable risk sentiment, prompts some USD profit-taking. Bets for smaller Fed rate cuts and the US political […]

Bitcoin Futures Open Interest Plummets 4.15% in Just 4 Hours on CME Platform

The post Bitcoin Futures Open Interest Plummets 4.15% in Just 4 Hours on CME Platform appeared on BitcoinEthereumNews.com. On October 24, COINOTAG revealed significant shifts in the Bitcoin futures market, highlighting a decrease in open interest on the CME platform. According to recent data from Coinglass, there has been a notable decline of 4.15% over […]

Corporations Increase Bitcoin Holdings via ETFs

The post Corporations Increase Bitcoin Holdings via ETFs appeared on BitcoinEthereumNews.com. Recent statistics reveal that institutional entities are significantly investing in Spot Bitcoin ETFs, collectively owning 20% of their shares, which translates to around 193,000 BTC. This notable accumulation underscores the growing acceptance of Bitcoin among major institutional players. Which Funds Lead in Bitcoin Holdings? […]

Mexican Peso reverses in technical bounce and revival of carry

The post Mexican Peso reverses in technical bounce and revival of carry appeared on BitcoinEthereumNews.com. The Mexican Peso executes a technical bounce and rises despite negative fundamentals.  The move could be technically inspired or as a result of a revival in carry flows due to the weakening Yen.  USD/MXN pulls back after testing the 20.00 […]

Consensys appeals for pro-web3 regulation in open letter to future US president

The post Consensys appeals for pro-web3 regulation in open letter to future US president appeared on BitcoinEthereumNews.com. Blockchain infrastructure provider Consensys has issued an open letter to the next U.S. president, urging a regulatory framework that supports blockchain innovation. Ethereum-focused blockchain developer Consensys has called on the future U.S. administration to prioritize regulatory clarity and […]

Ripple CEO Evaluates Trump-Harris Race! Talks About Probability of Approval for XRP ETFs!

The post Ripple CEO Evaluates Trump-Harris Race! Talks About Probability of Approval for XRP ETFs! appeared on BitcoinEthereumNews.com. With only a short time left until the US elections, the cryptocurrency sector is also closely following the process. If Kamala Harris becomes president, there is a risk that Bitcoin (BTC) and cryptocurrencies will fall, while if […]

Base Layer 2 mainnet to launch fault proofs on October 30

The post Base Layer 2 mainnet to launch fault proofs on October 30 appeared on BitcoinEthereumNews.com. Base, an Ethereum Layer 2 (L2) scaling solution, will introduce fault proofs to its main net on October 30th, 2024. This upgrade is expected to foster a more decentralized environment. Under the new Layer 2 Base mainnet implementation, any […]

Wintermute Transfers $5.86 Million in APE to Binance Amid 34% Price Drop

The post Wintermute Transfers $5.86 Million in APE to Binance Amid 34% Price Drop appeared on BitcoinEthereumNews.com. On October 24, COINOTAG highlighted significant movements in the crypto market, reporting that Wintermute deposited $5.86 million worth of APE tokens to Binance within just four hours. Over the past week, Wintermute has transferred 8.79 million APE, valued […]

Russia’s Bold Proposal to Use Bitcoin Against Western Sanctions

The post Russia’s Bold Proposal to Use Bitcoin Against Western Sanctions appeared on BitcoinEthereumNews.com. The 16th BRICS Summit, hosted by Russia in the vibrant city of Kazan, kicked off on October 22nd, 2024, amidst a buzz of anticipation and speculation. Many speculated that Russia, struggling under heavy economic sanctions due to its military actions in […]