The post Cardano (ADA) Price Continues to Bleed Amid Strong Market Volatility appeared on BitcoinEthereumNews.com. Editors News A precipitous fall of more than 41% has been recorded for ADA since the start of the year. At the time of writing, ADA is trading at $0.3512, down 5.50% in the last 24 hours. The Chang hard […]

The post Bitcoin miner TeraWulf is open to merger but not for ‘empire building’ appeared on BitcoinEthereumNews.com. Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed. Bitcoin (BTC) mining firm TeraWulf says it would consider a merger if there’s an opportunity to widen profit margins—but […]

The post Ethereum Dominates with $2.728B Fee Revenue, Surpassing Bitcoin and Leading DeFi Market appeared on BitcoinEthereumNews.com. Despite the emergence of numerous blockchain networks boasting lower fees and quicker transaction times, Ethereum continues to dominate the market, with users opting to pay higher fees. Data from Lookonchain reveals that Ethereum has surpassed Bitcoin in 1-year […]

The post $LINK Accumulation On the Rise as Whales and Institutions Gather More appeared on BitcoinEthereumNews.com. The latest data shows that the institutions and whales are collecting more than more $LINK tokens. As per Lookonchain, a prominent on-chain analytics provider, the respective whales and institutions have redeemed up to 6.72M $LINK coins from the well-known […]

The post China’s PBOC stops buying Gold for a second month appeared on BitcoinEthereumNews.com. Official data on Sunday showed that the People’s Bank of China (PBoC), China’s central bank, didn’t buy any gold to its reserves for a second consecutive month in June, per Bloomberg.  China’s gold reserves were at 72.80 million troy ounces at […]

The post What is Unagi and How to Buy UNA? appeared on BitcoinEthereumNews.com. The world of cryptocurrency continues to expand with innovative projects emerging daily. Unagi (UNA) has recently garnered significant attention due to its novel approach to web3 gaming. “One token, many worlds.” This is the driving vision behind Unagi’s interconnected gaming environment. Discover […]

The post Solana’s memecoin mania: Leads Ethereum by 800% appeared on BitcoinEthereumNews.com. Solana beat Ethereum in the memecoin sector. Overall activity on the Solana network surged over the last quarter. Solana [SOL] was one of the few cryptocurrency networks that witnessed tremendous growth over the last year. One of the reasons for the surge in […]

The post XAU/USD edges lower below $2,400, PBoC refrains from gold purchases for second month appeared on BitcoinEthereumNews.com. Gold price edges lower to $2,385 in Monday’s early Asian session.  US Nonfarm Payrolls increased by 206K in June versus 218K prior, above the expectation of 190K. The Chinese central bank refrained from gold purchases for a […]

The post Polygon (MATIC) Faces Strong Bearish Sentiment as Price Drop Continues appeared on BitcoinEthereumNews.com. MATIC retested the psychological level of $0.50; however, the associated trading volume remained minimal. Expectations are high for a potential decline towards $0.448 or even lower in the upcoming week. Similar to many other altcoins, Polygon (MATIC) is currently following […]

The post RNDR Decline & Uniswap Partnership appeared on BitcoinEthereumNews.com. The recent shifts in investor sentiment have influenced key players like RNDR AI crypto and Uniswap wallet. RNDR has seen a decline in futures positions, reflecting a waning interest, while Uniswap’s partnership with Transak aims to enhance DeFi accessibility. Amidst these developments, BlockDAG has attained […]