Kujira Token Drops 40% After the Foundation Gets Liquidated

The post Kujira Token Drops 40% After the Foundation Gets Liquidated appeared on BitcoinEthereumNews.com. The Kujira team says the treasury is not at risk, and proposes the formation of a DAO to manage the treasury and core protocol. Kurjia’s native token KUJI is plummeting after the foundation was liquidated on its leveraged liquidity positions. Kujira’s […]

XRP Bulls Eye Super Bullish Quarter After Getting Listed on World’s Largest Derivatives Market CME ⋆ ZyCrypto

The post XRP Bulls Eye Super Bullish Quarter After Getting Listed on World’s Largest Derivatives Market CME ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Ripple’s XRP cryptocurrency appreciated 5% earlier this week following its listing on the Chicago Mercantile Exchange (CME). CME is a major player in the derivatives market, offering a wide range […]

ETFs see historic July according to State Street

The post ETFs see historic July according to State Street appeared on BitcoinEthereumNews.com. It’s a July for the record books. State Street Global Advisors finds inflows into exchange-traded funds hit $127 billion. Not only was it the best July ever, but the firm’s head of SPDR Americas research notes it is also the second-largest monthly […]

Samsung’s Q2 operating profits surge 1,400% on strong AI chip demand

The post Samsung’s Q2 operating profits surge 1,400% on strong AI chip demand appeared on BitcoinEthereumNews.com. Samsung (NASDAQ: SSNLF) recorded a sharp surge in its operating profits in Q2 as demand for its chips in AI processors skyrocketed. The South Korean giant announced quarterly revenue of KRW 74.07 trillion ($53.5 billion), a 23% increase year-on-year, […]

What Will Happen to the Crypto Market If Recession Occurs?

The post What Will Happen to the Crypto Market If Recession Occurs? appeared on BitcoinEthereumNews.com. With the U.S. economy showing signs of a possible recession, the crypto market initially took a hit. But there’s more to the story. While stocks and Bitcoin both dropped, experts believe Bitcoin could bounce back stronger if the U.S. dollar […]

As Trump Suggests Crypto as a Fix to U.S. Debt, Harris Camp Highlights His Remarks

The post As Trump Suggests Crypto as a Fix to U.S. Debt, Harris Camp Highlights His Remarks appeared on BitcoinEthereumNews.com. Donald Trump: “Crypto is a very interesting thing. Very high-level in certain ways, intellectually very high-level. But if we don’t do it, China’s going to do it. China’s going to do it anyway. But if […]

Robert Kiyosaki shares the ‘great news’ from the crashing stock market

The post Robert Kiyosaki shares the ‘great news’ from the crashing stock market appeared on BitcoinEthereumNews.com. Popular investor and author of the best-selling personal finance book ‘Rich Dad, Poor Dad‘ Robert Kiyosaki has shared an optimistic take on the recent stock market downturn.  In an X post on August 2, Kiyosaki emphasized that the current […]

Bitcoin’s price evolution post-halving: Examining five distinct epochs

The post Bitcoin’s price evolution post-halving: Examining five distinct epochs appeared on BitcoinEthereumNews.com. Onchain Highlights DEFINITION: Bitcoin price performance since the halving against previous cycles.  Bitcoin’s price performance since the most recent halving in April has followed a distinct trajectory compared to previous halving events. Observing the historical price patterns, each halving epoch demonstrates unique price […]

The BITCOIN Act of 2024

The post The BITCOIN Act of 2024 appeared on BitcoinEthereumNews.com. Following the announcement on July 27th at the Bitcoin conference in Nashville, the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide” or BITCOIN Act of 2024, introduced by Senator Cynthia Lummis of Wyoming, seeks to firmly establish Bitcoin as a strategic asset in the […]

XAG/USD posts fresh weekly high at $29.20 as US labor market cools down

The post XAG/USD posts fresh weekly high at $29.20 as US labor market cools down appeared on BitcoinEthereumNews.com. Silver price refreshes weekly high at $29.20 as weak US NFP data sends US yields down. The US NFP report showed that labor demand has slowed and wage growth has softened. Investors see the Fed pivoting to […]