Bitcoin Price Crashes By 22% Amid Market Turmoil and Seized Assets

The post Bitcoin Price Crashes By 22% Amid Market Turmoil and Seized Assets appeared on BitcoinEthereumNews.com. Key Points: Bitcoin experienced its biggest weekly loss since the FTX collapse, dropping more than 22% to $54,333. The decline was triggered by a global stock sell-off, economic fears, and geopolitical tensions. Bitcoin price crashed by 22% as global […]

6 Indicators of Economic Trouble: Is a US Recession on the Horizon?

The post 6 Indicators of Economic Trouble: Is a US Recession on the Horizon? appeared on BitcoinEthereumNews.com. At the end of the week, U.S. equities experienced a sharp decline, which reverberated through the cryptocurrency market, reducing its value from $2.4 trillion to $2.09 trillion since July 29. Recently, discussions have intensified around the likelihood of […]

Crypto leaders, Harris campaign officials to hold roundtable

The post Crypto leaders, Harris campaign officials to hold roundtable appeared on BitcoinEthereumNews.com. The roundtable hosted by Representative Ro Khanna is an opportunity for the cryptocurrency industry to influence the policy direction of Vice President Kamala Harris’s election campaign. Crypto executives are scheduled to meet privately “next week” with White House aides and Democratic Party […]

$768,850,000 in Bitcoin and Crypto Liquidated in 12 Hours As Global Asset Dump Intensifies

The post $768,850,000 in Bitcoin and Crypto Liquidated in 12 Hours As Global Asset Dump Intensifies appeared on BitcoinEthereumNews.com. Japan’s stock market is plunging to start the week, fueling a global asset sell-off. The Bank of Japan’s decision to tighten monetary policy and an increasingly bleak economic outlook in the US have triggered a worldwide […]

TRON DAO Dominates with 78% of USDT Transactions in 2024

The post TRON DAO Dominates with 78% of USDT Transactions in 2024 appeared on BitcoinEthereumNews.com. TRON DAO sees significant growth with 78% of USDT transactions and 7 million daily transfers in 2024. TRON partners with Mobilum for a crypto payment card compatible with Google Pay and Apple Pay. In a tweet, IntoTheBlock revealed that USDT […]

WTI falls to near $73.00 despite rising supply risks due to Middle East tensions

The post WTI falls to near $73.00 despite rising supply risks due to Middle East tensions appeared on BitcoinEthereumNews.com. WTI prices extend its losing streak to six-month lows. The downside of the Oil prices could be restrained due to heightened supply concerns. US Secretary of State Tony Blinken stated that Iran and Hezbollah could attack […]

Ethereum ETF Outflows Hit $170M In A Week, What’s Next For ETH?

The post Ethereum ETF Outflows Hit $170M In A Week, What’s Next For ETH? appeared on BitcoinEthereumNews.com. In a turbulent week for the newly launched Spot Ethereum ETFs, the market witnessed significant outflows totaling $169.4 million. This period was marked by a series of substantial daily fluctuations in ETF flows, painting a complex picture for […]

2,200 letters of support for ‘Bitcoin Strategic Reserve’ bill sent to US senators

The post 2,200 letters of support for ‘Bitcoin Strategic Reserve’ bill sent to US senators appeared on BitcoinEthereumNews.com. Senator Cynthia Lummis introduced the bill on July 31, which would direct the US government to start a reserve Bitcoin fund. Over 2,200 letters were sent to United States senators in 48 hours urging them to co-sponsor […]

Shiba Inu (SHIB) Finds Crucial Support Range Amid Recent Price Decline

The post Shiba Inu (SHIB) Finds Crucial Support Range Amid Recent Price Decline appeared on BitcoinEthereumNews.com. Shiba Inu (SHIB), the dog-themed cryptocurrency, has recently identified a crucial support range amid its ongoing price drop. After hitting a high of $0.0000176 on July 27, SHIB experienced a six-day consecutive decline, stressing the token’s market value. The […]

GOMINING Token Now Available on BingX Exchange

The post GOMINING Token Now Available on BingX Exchange appeared on BitcoinEthereumNews.com. Road Town, Tortola, British Virgin Islands, August 1st, 2024, Chainwire GoMining, the premier Bitcoin mining company known for their unique daily-rewards-earning NFTs backed by real mining power, has announced that their native asset, the GOMINING token, is now listed on the BingX crypto […]