The post Bitcoin Price Analysis: 26988 Technical Support Tested After Stops Elected – 12 October 2023 appeared on BitcoinEthereumNews.com. Bitcoin (BTC/USD) encountered additional bearish pressure early in the Asian session as the pair continued to establish lower highs and lower lows, an indication of technical weakness. Selling pressure drove BTC/USD as low as the 26963.65 […]
Can Tether Outshine Bitcoin in the World of Crypto Casino Gaming?
Exploring the rivalry between Tether and Bitcoin in crypto casino gaming and the future of cryptocurrencies in online casinos. The realms of cryptocurrency and casino gaming are interrelated […]
States Shouldn’t Play Politics With Their Investments—Period
The post States Shouldn’t Play Politics With Their Investments—Period appeared on BitcoinEthereumNews.com. States Shouldn’t Play Politics with Their Investments—Regardless of the Direction The prevalence of state treasurers in the more liberal areas of the country investing their state’s pension money in funds that prioritize environmental, social, and governance (ESG) issues makes for bad policy. Such […]
Gold-Backed Digital Token Payment in Zimbabwe
The post Gold-Backed Digital Token Payment in Zimbabwe appeared on BitcoinEthereumNews.com. When it comes to the introduction of the new project by the Reserve Bank of Zimbabwe in April, one can’t help but notice the innovative approach they’ve taken. They’ve linked each digital token they issue to a tangible reserve of gold securely held within […]
Here Are 20 Reasons to be ‘Mega Bullish’ on Ripple (XRP): Crypto Analyst
The post Here Are 20 Reasons to be ‘Mega Bullish’ on Ripple (XRP): Crypto Analyst appeared on BitcoinEthereumNews.com. TL;DR Crypto Assets Guy highlights XRP’s US legal clarity, advantages over BTC and ETH, and partnerships like HSBC. Ripple’s potential lawsuit victory and global conflicts might favor crypto over stocks. Despite some optimistic community claims, a new […]
Consumption Policies Lift Growth Stocks, LVMH’s China Revenue Up +11%
The post Consumption Policies Lift Growth Stocks, LVMH’s China Revenue Up +11% appeared on BitcoinEthereumNews.com. CLN KraneShares Key News Asian equities were higher as South Korea and Hong Kong outperformed. The State Administration of Financial Supervision issued a statement titled “Notice on Financial Support for the Resumption and Expansion of Consumption,” asking financial institutions to […]
CleanSpark Bitcoin Miners Get 20% Enhanced Mining Efficiency
The post CleanSpark Bitcoin Miners Get 20% Enhanced Mining Efficiency appeared on BitcoinEthereumNews.com. Key Points: CleanSpark purchases advanced Antminer S21 Bitcoin miners with a 20% efficiency boost. The acquisition of CleanSpark Bitcoin miners includes favorable financing terms with a 365-day payment delay. The company aims to lower energy costs and enhance competitiveness through these efficient […]
Bitfinex’s parent company considers $150 mln share buyback
The post Bitfinex’s parent company considers $150 mln share buyback appeared on BitcoinEthereumNews.com. iFinex has proposed to buy back 15 million Bitfinex shares at a rate of $10 per share. The latest move is an attempt to consolidate itself in the face of increased regulatory scrutiny in the crypto sector. According to a recent Bloomberg […]
Algorithm Predicts 500% Surge in AMC Stock Price by 2024: Growing Revenue to Drive AMC Share Price Growth?
The post Algorithm Predicts 500% Surge in AMC Stock Price by 2024: Growing Revenue to Drive AMC Share Price Growth? appeared on BitcoinEthereumNews.com. Key takeaways: AMC stock price rallied by +25% in the last 5 days, setting a new monthly high above the $10 mark In the same timeframe, the S&P 500 NASDAQ grew by […]
Samsung’s Q3 2023 Operating Profit Drops 78% amid Memory Chip Slump
The post Samsung’s Q3 2023 Operating Profit Drops 78% amid Memory Chip Slump appeared on BitcoinEthereumNews.com. To enhance profitability and mitigate the impact of cyclical downturns, Samsung is focusing on advanced memory chips, particularly high bandwidth memory chips that are crucial for AI servers and processors. Samsung Electronics, the South Korean tech giant, released its […]