Key Takeaways Who is Michael Saylor? Michael Saylor, a leading figure in the tech and investment worlds, has transitioned from founding and leading the business … Read more
Gate.io Unveils HedgeSmart Strategies-USDT: 10% to 20% Annualized Yield with Principal Protection
The post Gate.io Unveils HedgeSmart Strategies-USDT: 10% to 20% Annualized Yield with Principal Protection appeared on BitcoinEthereumNews.com. July 29th, Panama – Gate.io, a leading crypto exchange and Web3 innovator, proudly announces the launch of HedgeSmart Strategies-USDT, a cutting-edge Quant Fund product designed to deliver an annualized yield of 10% to 20%. In addition, Gate.io is […]
Base Teases Major Ecosystem Upgrade to Attract More Devs
The post Base Teases Major Ecosystem Upgrade to Attract More Devs appeared on BitcoinEthereumNews.com. Ethereum layer 2 network Base has announced plans to upgrade its gas target following previous successes. The exodus upgrade is expected to drive innovation and developers toward building on the network. Crypto users have pushed for faster and more scalable networks […]
BlackRock Rejects Solana ETF, Citing Low Demand and Technical Issues
TL;DR BlackRock’s Decision: BlackRock, a major issuer of Bitcoin and Ethereum ETFs, has definitively ruled out launching a Solana ETF in the near future. Despite Solana’s rapid growth, BlackRock cites low demand and technical concerns as reasons for this decision. Investability Criteria: Samara Cohen, BlackRock’s CIO for ETF and Index Investments, emphasized that they evaluate […]
Fitch Updated 2024 Interest Rate Cut Forecasts! When and How Many Times Will FED Cut Interest Rates?
The post Fitch Updated 2024 Interest Rate Cut Forecasts! When and How Many Times Will FED Cut Interest Rates? appeared on BitcoinEthereumNews.com. While there are only two days left for the FED’s July interest rate decision, Fitch Ratings, in its latest forecasts for the US Federal Reserve’s Federal Open Market Committee (FOMC), expects the FED […]
Can Immutable Price Align With Market Trends Or Continue To Lag?
The post Can Immutable Price Align With Market Trends Or Continue To Lag? appeared on BitcoinEthereumNews.com. Immutable price recovery seemed to be cooling down this week as the crypto failed to capitalize on the previous week’s gains. IMX struggled to surpass the 50-day exponential moving average and headed downward. When writing, IMX was exchanging hands […]
Ethereum supply turns inflationary as gas fees drop to record lows
The post Ethereum supply turns inflationary as gas fees drop to record lows appeared on BitcoinEthereumNews.com. The Ethereum ecosystem is experiencing a historic drop in gas fees, which is impacting both mainnet and Layer 2 transactions. According to Etherscan Gas Tracker, the average gas fee on the mainnet stands at 4 Gwei at press time, […]
Why Is Bitcoin Price Falling Today?
Bitcoin price saw a sudden slide over the past 24 hours after hitting $70,000, falling more than 5% to under $66,000 level on Tuesday. It follows the transfer of $2 billion in bitcoins by the U.S. government, sparking concerns as the move comes just before the US Federal Reserve interest rate decision. Donald Trump-Driven Bitcoin […]
Bitcoin Miners Show Consistent Calmness Before the Super Rally
The post Bitcoin Miners Show Consistent Calmness Before the Super Rally appeared on BitcoinEthereumNews.com. The BTC miners are currently expressing a calm environment before a potential storm. CryptoQuant, a well-known on-chain analytics platform, has recently disclosed that the Bitcoin miners are now calm while the miner outflow is continuously rising. The analytics provider took to […]
Bitcoin Plummets as US Govt Moves $2B: Market in Turmoil?
The post Bitcoin Plummets as US Govt Moves $2B: Market in Turmoil? appeared on BitcoinEthereumNews.com. On Monday, July 29th, Bitcoin declined by 2.12% following reports that the United States government had transferred $2 billion worth of Bitcoin to newly generated digital addresses. After edging upwards slightly on Sunday, Bitcoin closed the previous session at $66,810. […]