The ongoing Ripple SEC lawsuit has been one of the hottest topics in the crypto town lately, with speculations soaring over a conclusion of the case. Former Ripple director Sean McBride has provided key insights on the ongoing lawsuit, predicting the odds of Judge Torres ruling in August. Besides, he also predicted an additional timeline […]
WazirX To Dump the Plan Of Socializing Losses Following Heavy Backlash
The post WazirX To Dump the Plan Of Socializing Losses Following Heavy Backlash appeared on BitcoinEthereumNews.com. On July 19th, WazirX experienced a significant security breach, resulting in the loss of over $230 million worth of cryptocurrency assets. WazirX To Distribute Losses Among Customers WazirX announced on Saturday a controversial solution of distributing the loss among […]
Gold falls from daily highs, finishes week up over 2%
The post Gold falls from daily highs, finishes week up over 2% appeared on BitcoinEthereumNews.com. Gold price peaks at $2,477 before falling to $2,430, down 0.60%. US Nonfarm Payrolls miss expectations, Unemployment Rate rises, and Average Hourly Earnings dip. Weak economic data fuels speculation of Fed rate cuts in September, with US 10-year Treasury yield […]
Breaking: Bitcoin Reserve Bill Referred To Banking Committee in US
The US Bitcoin Reserve Bill is making significant headway per the latest update from its sponsor, Senator Cynthia Lummis. According to the pro-crypto Senator, the Bill has now been referred to the Senate Banking Committee for deliberation. Bitcoin Reserve Bill: a Silent Game Changer The Bitcoin Reserve Bill became popular when Coingape reported earlier that […]
Ethereum Going to $2K Says Peter Schiff, Altcoins Bleed Amid US Recession Fears
The post Ethereum Going to $2K Says Peter Schiff, Altcoins Bleed Amid US Recession Fears appeared on BitcoinEthereumNews.com. The US recessionary fears have sent jitters across the asset classes with Bitcoin and the broader crypto market seeing major drops. The Ethereum price has crashed 6% going under $3,000, the level last seen in early July. […]
US Dollar plunges on soft NFPs from July
The post US Dollar plunges on soft NFPs from July appeared on BitcoinEthereumNews.com. US Dollar suffers following July’s disappointing jobs report, which sparks increased expectation in September rate cut. If data continues to show progress, the Fed signals readiness to respond to signs of weakness in the US economy. CME FedWatchTool indicates a 90% chance […]
India, UK’s technology security initiative to focus on AI and defense ties in Indo-Pacific region
The post India, UK’s technology security initiative to focus on AI and defense ties in Indo-Pacific region appeared on BitcoinEthereumNews.com. India and the U.K. have unveiled a technology security initiative designed to improve international cooperation between both nations while triggering an economic growth spurt along the way. The initiative will see both nations increase their […]
Solana Token’s Rally Reflects Protocol’s Potential, Says Web3 Advocate
The post Solana Token’s Rally Reflects Protocol’s Potential, Says Web3 Advocate appeared on BitcoinEthereumNews.com. The seemingly fundamentals-defying surge of Solana’s native token, SOL, may reflect the project’s potential rather than its current technical performance, according to Chris Zhu, the CEO of Sonic. To support this assertion, Zhu highlights Solana’s ecosystem growth despite recent outages. Solana […]
Bearish Strength Intensifies, nearing critical low since March
The post Bearish Strength Intensifies, nearing critical low since March appeared on BitcoinEthereumNews.com. AUD/JPY pair sustains a dominant bearish trend, eying significant support around 95.30. Daily indicators signal a possible market exhaustion with RSI dropping to 18. Pair spirals through the support level of 97.00, directing attention to the critical 95.30 support line. On Friday, […]
Couple $10 Million Received Mistake Crypto.com Faces Jail Time
The post Couple $10 Million Received Mistake Crypto.com Faces Jail Time appeared on BitcoinEthereumNews.com. A couple who received $10 Million by mistake from Crypto.com crypto exchange and kept it to themselves to serve jail time. Dishonesty brings consequences. A couple proved this phrase when they received money by mistake and kept it to themselves. Their […]