Chainlink price rebounds to $10 during Asian trading hours on Wednesday amid a broader cryptocurrency market recovery. The Bitcoin price surge to $57000 has sparked a fresh relief rally among altcoins, prompting them to form a fresh bottom. Moreover, a detailed analysis of the on-chain data reveals significant activity among whales, indicating a continued buy-the-dip […]
Additional Interest vs. Additional Insured – What’s the Difference?
The post Additional Interest vs. Additional Insured – What’s the Difference? appeared on BitcoinEthereumNews.com. Navigating the terms used in the insurance industry can be very confusing for a layperson. If you have ever encountered the terms “additional interest” and “additional insured” and aren’t sure what the difference between the two is, you’re certainly not alone. […]
Empire Newsletter: The suspects behind this weekend’s crash
The post Empire Newsletter: The suspects behind this weekend’s crash appeared on BitcoinEthereumNews.com. Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. Gox Watch If the price of bitcoin were a murder mystery, there would be several key suspects. It was macro factors that […]
BoJ Comments Offer Relief to Crypto
The post BoJ Comments Offer Relief to Crypto appeared on BitcoinEthereumNews.com. Cryptocurrencies continued their recovery from Monday’s crash, with bitcoin trading above $57,000, over 4% higher in the last 24 hours. Bank of Japan deputy governor Shinichi Uchida said that the central bank would not hike borrowing costs, which may have provided some relief for […]
Intel Falls Behind Nvidia & AMD As OpenAI Deal Slips Away
The technology giant Intel has encountered a significant setback recently, falling behind rivals Nvidia and Advanced Micro Devices (AMD). The tech firm’s initial decision to ignore tapping into generative AI has presented it with a stockpile of setbacks in today’s AI-driven era. Reportedly, Intel constantly declined opportunities to hold a significant stake in OpenAI, a […]
Nexera Protocol Hit by $1.8M Exploit, NXRA Plummets 48% in Wake of Attack
TL;DR Nexera Protocol Hacked: A hacker exploited a vulnerability in Nexera’s system on August 7, stealing $1.8 million worth of NXRA tokens by manipulating a proxy contract. Market Impact: The value of NXRA tokens plummeted by 48% following the attack, with stolen tokens being converted to Ether and bridged to Binance Smart Chain. Ongoing Investigation: […]
GBP/JPY trades around 187.00 following a rebound from six-month lows
The post GBP/JPY trades around 187.00 following a rebound from six-month lows appeared on BitcoinEthereumNews.com. GBP/JPY holds gains following unexpected dovish comments from BoJ Deputy Governor Shinichi Uchida. BoJ’s Uchida emphasized to maintain its current level of monetary easing for the time being. The Japanese Yen may appreciate due to increased risk aversion amid heightened […]
No sign of U.S. recession in freight demand, Maersk CEO says
The post No sign of U.S. recession in freight demand, Maersk CEO says appeared on BitcoinEthereumNews.com. Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand remains robust, the company’s chief executive said Wednesday. “We’ve seen in the last couple of years, actually, [the shipping […]
Arthur Hayes: Regardless of Election Outcome, Bitcoin to Benefit from Increased Money Printing
The post Arthur Hayes: Regardless of Election Outcome, Bitcoin to Benefit from Increased Money Printing appeared on BitcoinEthereumNews.com. Arthur Hayes, a significant figure in the cryptocurrency market, evaluates the potential impacts from the U.S. political landscape. In an interview with DLNEWS, Hayes discussed the implications of Donald Trump’s support for cryptocurrencies. He emphasized that the […]
Expert Predicts End to Dogecoin’s Descent: What’s Next for DOGE?
The post Expert Predicts End to Dogecoin’s Descent: What’s Next for DOGE? appeared on BitcoinEthereumNews.com. DOGE recently dipped to $0.082 but rebounded to $0.092, showing signs of stabilization. Analyst Kaleo suggested that the worst may be over, predicting a consolidation phase before a significant rally in early 2025. In recent days, the cryptocurrency market has […]