Bloomberg’s Senior Analyst McGlone Shares His Predictions About Bitcoin’s Future

The post Bloomberg’s Senior Analyst McGlone Shares His Predictions About Bitcoin’s Future appeared on BitcoinEthereumNews.com. As US Treasury two-year bond yields approach 5%, the highest level since the economic crisis and the birth of Bitcoin (BTC), BTC could face a prolonged decline, according to a…

Low Liquidity in Bitcoin: “Only 463 BTC Needed to Push Price Down 1 Percent”

The post Low Liquidity in Bitcoin: “Only 463 BTC Needed to Push Price Down 1 Percent” appeared on BitcoinEthereumNews.com. The price of Bitcoin (BTC) had fallen sharply after news revealed that SpaceX, founded by Elon Musk, was reducing some of its BTC holdings and selling some coins. James Butterfill,…

Spark Protocol, MakerDAO’s Money Market Bumping, max out $200M  

The post Spark Protocol, MakerDAO’s Money Market Bumping, max out $200M   appeared on BitcoinEthereumNews.com. Spark Protocol, is a lending protocol designed by MakerDAO to offer DeFi loans by obtaining liquidity straight from the Maker. The platform was launched by MakerDAO on 9 May 2023,…

Crypto Market’s $1 Billion Reset: Breaking Consolidation Of Bitcoin Price Ahead Of September’s Market?

The post Crypto Market’s $1 Billion Reset: Breaking Consolidation Of Bitcoin Price Ahead Of September’s Market? appeared on BitcoinEthereumNews.com. In August 2023, the crypto market experienced significant fluctuations in its volatility. Over the last 48 hours, the market witnessed a massive liquidation of $1 billion, triggered by a series…

Will Polygon’s gaming sector help MATIC stabilize? 

The post Will Polygon’s gaming sector help MATIC stabilize?  appeared on BitcoinEthereumNews.com. The Immutable zkEVM testnet went live, offering new features and capabilities.  MATIC’s chart remained red, and metrics were bearish.  Over the last few months, Polygon [MATIC] has made considerable developments…

Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko

The post Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko appeared on BitcoinEthereumNews.com. There is a significant worldwide contrast in household electricity expenses for individual Bitcoin (BTC) miners. While producing one Bitcoin in Italy costs $208,500, in Lebanon, it’s roughly 783 times cheaper, according…

Today’s Wordle #792 Hints, Clues And Answer For Sunday, August 20th

The post Today’s Wordle #792 Hints, Clues And Answer For Sunday, August 20th appeared on BitcoinEthereumNews.com. Today’s Wordle SOPA Images/LightRocket via Getty Images Another day, another Wordle. And hey look, it’s Lazy Sunday once again. I feel like we need to do something special on Lazy…

2.4 Billion SHIB Burned in Past Week Despite Shibarium’s Labor Pains

The post 2.4 Billion SHIB Burned in Past Week Despite Shibarium’s Labor Pains appeared on BitcoinEthereumNews.com. Yuri Molchan SHIB army has removed astounding lump of SHIB from circulation while SHIB team doing their best to scale Shibarium Shibburn crypto tracker has published an X-tweet to share…

Binance CEO CZ Responds to the Periodic “Bitcoin is a Bubble” FUD: “Here We Go Again”

The post Binance CEO CZ Responds to the Periodic “Bitcoin is a Bubble” FUD: “Here We Go Again” appeared on BitcoinEthereumNews.com. Changpeng Zhao, CEO of Binance, the world’s largest cryptocurrency exchange, criticized some speculative and misleading headlines on Twitter that are claiming that Bitcoin is a bubble. CZ, quoting a news…

Yuga Labs Backs Up Opposing NFT Royalty Change from OpenSea 

The post Yuga Labs Backs Up Opposing NFT Royalty Change from OpenSea  appeared on BitcoinEthereumNews.com. Yuga Labs, creator of the famous Bored Ape Yacht Club (BAYC) is set to finish up its support for OpenSea following the discontinuation of its on-chain tool Operator Filter. This…