The post Bitfarms expands into Pennsylvania amid Riot’s growing stake appeared on BitcoinEthereumNews.com. Bitfarms announces U.S. expansion in Pennsylvania, while Riot Platforms increases its ownership stake in the company to 14%. Bitcoin mining company Bitfarms announced its expansion into the United States on June 14, establishing a new site in Sharon, Pennsylvania. According to the firm’s […]

The post Bank of England set to lay groundwork for an August cut – Danske Bank appeared on BitcoinEthereumNews.com. The Bank of England (BoE) will keep the Bank Rate unchanged at 5.25% and the first 25-basis-point cut isn’t expected until August, says Kirstine Kundby-Nielsen, FX analyst at Danske Bank. BoE expected to cut rate in August […]

The post Binance ‘hopeful’ all charges against Tigran Gambaryan will be dropped appeared on BitcoinEthereumNews.com. The tax charges brought by the Nigerian government against Binance executives Tigran Gambaryan and Nadeem Anjarwalla were dropped Friday, a family spokesperson told Blockworks.  Gambaryan continues to be detained in a Nigerian prison on other charges of money laundering. Anjarwalla […]

The post the impact of the decisions of the Fed and the BCE on Bitcoin appeared on BitcoinEthereumNews.com. 21Shares, the first issuer in the world of ETP on cryptocurrencies, has conducted an in-depth analysis on the consequences of the recent decisions of the Federal Reserve (Fed) and the European Central Bank (ECB) on the cryptocurrency […]

NVIDIA has introduced Nemotron-4 340B, a new suite of models designed to enhance the creation of synthetic data for training large language models (LLMs). This development seeks to affect many sectors since it will offer powerful and scalable platforms for the training of AI models. NVIDIA Launches New Tools for LLM NVIDIA has unveiled Nemotron-4 […]

The post Bitcoin Price Loses $5,000, Meme Coins Take a Hit as Market Downturn Amplifies: This Week’s Crypto Recap appeared on BitcoinEthereumNews.com. The cryptocurrency market experienced a sharp decline during the evening of last Friday. Bitcoin’s price crashed below $70K, prompting a considerable market sell-off. The total capitalization is down by about $100 billion in […]

The post Here’s when Amazon stock will reach $200, according to ChatGPT-4o appeared on BitcoinEthereumNews.com. Despite a slowdown in recent weeks, the price of Amazon (NASDAQ: AMZN) stock has recorded consistent increases since the year’s turn, and a popular artificial intelligence (AI) model has provided insights that reveal when AMZN shares could hit $200. Indeed, […]

The post Analysts Uncover Key Bitcoin (BTC) Metrics Before Potential New All-Time High appeared on BitcoinEthereumNews.com. Bitcoin’s journey towards a new peak faces critical evaluations. On-chain data reveals Bitcoin holders’ confidence levels and decision-making based on current prices. Historically, the MVOCD indicator has been a significant validator for Bitcoin’s local highs and lows. Discover the […]

The post AVAX consolidates: Checking potential moves beyond $30 support level appeared on BitcoinEthereumNews.com. AVAX was at a crossroads, with potential reversal or further decline. Metrics indicate increased volatility. Avalanche [AVAX] has been consolidating in an ascending triangle for the last three months. Since the 21st of May, the price has decreased gradually before retesting […]

The post BDAG’s X1 App Surges Ahead as Injective Falls & KAS Climbs appeared on BitcoinEthereumNews.com. From Dips to Peaks: BlockDAG’s X1 App Leads a $50.2M Presale, Kaspa Climbs High as Injective Stumbles Last year, Injective (INJ) enjoyed a robust upward trend, but it has recently met with resistance and plummeted 48.20% from its peak. […]