The post Bitcoin (BTC) battles major resistance – breakout or rejection? appeared on BitcoinEthereumNews.com. Bitcoin (BTC) has returned to a resistance band stretching from $58,000 to $59,000. This horizontal resistance level is the key for Bitcoin to go higher. Can the number one cryptocurrency battle through, or will it be rejected? Positive CPI data bolsters […]
AUD/USD fails ahead of 0.6700 mark, stalls its recovery from multi-week low set on Wednesday
The post AUD/USD fails ahead of 0.6700 mark, stalls its recovery from multi-week low set on Wednesday appeared on BitcoinEthereumNews.com. AUD/USD attracts some intraday sellers on reports that China will cut mortgage rates this month. Diminishing odds for a larger Fed rate cut underpins the USD and further contributes to the slide. Bets for the […]
How Cryptocurrency Is Created
The post How Cryptocurrency Is Created appeared on BitcoinEthereumNews.com. SPONSORED POST* Cryptocurrency is the heart of the new financial revolution, but many people are still curious to know how these digital assets are created. In this article, we will break down how cryptocurrency is created and how CryptoBox enhances your staking experience with its cutting-edge […]
Altseason Upon Us? These Altcoins Surged the Most Despite BTC, ETH Weekly Retracements
The post Altseason Upon Us? These Altcoins Surged the Most Despite BTC, ETH Weekly Retracements appeared on BitcoinEthereumNews.com. After Bitcoin (BTC) dipped to $55,500 and Ethereum (ETH) dropped to $2,200 earlier this week, many expected further struggles across the crypto market. However, contrary to the expected downturn, altcoins have experienced a surprising rally. This renewed […]
ECB to stick to data-dependent path in lowering rates – OCBC
The post ECB to stick to data-dependent path in lowering rates – OCBC appeared on BitcoinEthereumNews.com. EUR/USD has been depreciating towards 1.10 over the past four sessions into the interest rate cuts expected at today’s European Central Bank governing council meeting, OCBC’s FX analysts Frances Cheung and Christopher Wong note. ECB is not on auto-pilot yet […]
Bitcoin Whale Withdraws $45.37 Million Amid Market Recovery: A Look at Past Trading Mishaps
The post Bitcoin Whale Withdraws $45.37 Million Amid Market Recovery: A Look at Past Trading Mishaps appeared on BitcoinEthereumNews.com. A prominent cryptocurrency whale is continuing its trading activities on Binance despite a series of previous setbacks. Recent data from the on-chain analysis platform Lookonchain reveals that with the crypto market’s recovery, this whale withdrew 800 […]
Crypto exchange volume falls as BTC traders slow down: What now?
The post Crypto exchange volume falls as BTC traders slow down: What now? appeared on BitcoinEthereumNews.com. Journalist Posted: September 12, 2024 Bitcoin traders’ activity has declined as price consolidation persists. Bitwise cited historically weak summer and September seasons as the cause for BTC weakness. Since early August’s massive sell-off, Bitcoin [BTC] has struggled to stay […]
Shiba Inu (SHIB) Developments, Ripple (XRP) Price Forecasts, and More: Bits Recap Sep 12
The post Shiba Inu (SHIB) Developments, Ripple (XRP) Price Forecasts, and More: Bits Recap Sep 12 appeared on BitcoinEthereumNews.com. TL;DR Shibarium, Shiba Inu’s layer-2 solution, shows increased activity, approaching a 90-day peak in deployed contracts. Analysts predict a possible bull run for XRP, driven by tightening Bollinger Bands and historical patterns. Ethereum (ETH) sees increased […]
Solana Targets $161 as Network Activity Hits Record Highs
The post Solana Targets $161 as Network Activity Hits Record Highs appeared on BitcoinEthereumNews.com. Solana’s ongoing price recovery is gaining momentum as network growth continues. Could this drive the price past the psychological barrier of $150? With a bullish recovery this week, Solana has increased by 3.50% since Monday, resulting in a price jump of […]
Can Toncoin Price Rally 80% Amid T-Fund Launch?
The post Can Toncoin Price Rally 80% Amid T-Fund Launch? appeared on BitcoinEthereumNews.com. Toncoin price has faced significant challenges recently. However, recent developments, including the launch of the T-Fund, have sparked optimism among investors and traders. The T-Fund aims to accelerate the growth of the TON ecosystem by supporting new projects and increasing network adoption. […]