The post Currency weakens despite favourable data – Commerzbank appeared on BitcoinEthereumNews.com. This morning, the PBoC raised its USD/CNY exchange rate fixing again, paving the way for a slightly weaker CNY, Commerzbank’s FX analyst Volkmar Baur notes. PBoC allows mild CNY weakness despite strong GDP “The fixing, around which the USD/CNY exchange rate is then […]
Bitcoin Volatility Amidst Macro Financial Uncertainty – Coincu
The post Bitcoin Volatility Amidst Macro Financial Uncertainty – Coincu appeared on BitcoinEthereumNews.com. Key Points: BTC volatility linked to US market fluctuations and gold surge. Traders seek insights on market bottoming or bull trap. Key dialogue involves PANews and LFG2Mars experts. Frank, a senior reporter at PANews, and COOK, LFG2Mars’s chief trader, will discuss Bitcoin’s […]
Ethereum price prediction: Why ETH’s $1,550 level is at risk!
The post Ethereum price prediction: Why ETH’s $1,550 level is at risk! appeared on BitcoinEthereumNews.com. Ethereum could stutter around the $1,500-$1,650 region before continuing its descent toward $1,275. The buyers have little strength right now, according to the OBV. Ethereum [ETH] was still in a long-term downtrend. The recent price bounce above the $1,550 […]
Analysts revise Nvidia stock price targets after H20 China ban
The post Analysts revise Nvidia stock price targets after H20 China ban appeared on BitcoinEthereumNews.com. Nvidia stock (NASDAQ: NVDA) crashed on April 16, following the announcement of a H20 chip export ban aimed at China. Per initial estimates, this could cause a $5.5 billion writedown in the chipmaker’s next quarterly report. A day prior, NVDA […]
South Korean Presidential Contender Vows to Push Crypto “As Much As” Trump
The post South Korean Presidential Contender Vows to Push Crypto “As Much As” Trump appeared on BitcoinEthereumNews.com. Key Notes Hong Joon-pyo plans to deregulate crypto and boost blockchain if elected. He promises $35B+ investment in AI, quantum tech, and semiconductors. Experts criticize South Korea’s proposed stablecoin bill for favoring foreign issuers. One of South Korean […]
Trump’s Crypto Game Boosts Case for SUBBD Token ($SUBBD)
The post Trump’s Crypto Game Boosts Case for SUBBD Token ($SUBBD) appeared on BitcoinEthereumNews.com. Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Donald Trump is back in the spotlight – and this time, he’s not launching a casino or a Twitter clone. The US President is reportedly working on a […]
The economy in the next 24 hours: China GOP, earnings, US retail sales, FED-Powell speaks
The post The economy in the next 24 hours: China GOP, earnings, US retail sales, FED-Powell speaks appeared on BitcoinEthereumNews.com. Global markets are bracing for a pivotal 24-hour stretch on Wednesday, awaiting a reaction from a confluence of economic data releases and US central bank commentary. The spotlight will be on US retail sales figures, […]
What Is Cryptocurrency? The Complete Beginner’s Guide
The post What Is Cryptocurrency? The Complete Beginner’s Guide appeared on BitcoinEthereumNews.com. If you are wondering how someone you know suddenly went from being broke to rich overnight, the chances are that they got rich through cryptocurrency. Yes, you heard that right. What was initially dismissed as just a passing trend has evolved into a […]
Bitcoin Price Alert: Major Liquidation Points at $82,000 and $85,000 Highlight Market Intensity
The post Bitcoin Price Alert: Major Liquidation Points at $82,000 and $85,000 Highlight Market Intensity appeared on BitcoinEthereumNews.com. On April 16th, COINOTAG reported significant data from Coinglass regarding Bitcoin’s price volatility. If Bitcoin’s value dips below $82,000, the cumulative long liquidation across major centralized exchanges (CEXs) could amount to a staggering $1.098 billion. Conversely, should […]
Ethereum Breakout Imminent? Analyst Expects ETH Price Surge To $2,000
The post Ethereum Breakout Imminent? Analyst Expects ETH Price Surge To $2,000 appeared on BitcoinEthereumNews.com. Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) is down nearly 50% over the past year, eroding investor confidence in the second-largest cryptocurrency by market cap. However, crypto analysts suggest that ETH’s fortunes […]