The post GBP/USD sticks to intraday gains, remains below mid-1.3100s amid modest USD uptick appeared on BitcoinEthereumNews.com. GBP/USD kicks off the new week on a positive note, though the upside seems limited. A weaker risk tone lends support to the safe-haven USD and could act as a headwind. Reviving BoE rate cut bets might further […]

The post In Past 4 Hours, Crypto Liquidation of $49.05 M Seen appeared on BitcoinEthereumNews.com. According to the data on Coinglass, in the past 4 hours, all crypto networks have liquidated $49.05 Million with most liquidation coming from short orders which amounts to $46.11 Million. The largest single liquidation order in the past 4 hours […]

The post TechDev: Bitcoin is Forming a “Fake Bearish Pattern” Amid Bullish Cyclical Trends appeared on BitcoinEthereumNews.com. TechDev cryptocurrency analyst, Bitcoin is currently forming what he describes as a “bear trap pattern,” despite widespread fear in the market. As reported by DailyHodl, TechDev, who boasts a following of approximately 467,000 on social media, suggested that […]

The post UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements appeared on BitcoinEthereumNews.com. The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part of its ongoing efforts to combat fraud and enhance consumer protection. In its annual report, the FCA […]

The post Monetary policy should be considered, judged by BoJ appeared on BitcoinEthereumNews.com. Japan’s Chief Cabinet Secretary Yoshimasa Hayashi said on Monday that the “monetary policy should be considered, judged by the Bank of Japan (BoJ)” when asked about market expectations of further rate hikes by the BoJ. Additional comments I remember BoJ Governor Ueda has […]

The post Bloomberg Analyst Eric Balchunas Calls ‘BTC Spot ETF Failure’ Claim Absurd appeared on BitcoinEthereumNews.com. Bloomberg’s senior ETF analyst – Eric Balchunas, took to X (formerly Twitter) to dismiss claims that Bitcoin spot ETFs have failed, citing BlackRock’s IBIT ETF as a prime example of success. Balchunas pointed out that BlackRock’s IBIT has garnered […]

The post US House Democrats Exclude Cryptocurrency from Priority List for Bipartisan Bills, Focus on AI appeared on BitcoinEthereumNews.com. US House Democrats Exclude Cryptocurrency – In a report from Fox Business journalist Eleanor Terrett, it was revealed that Senate Minority Leader Chuck Schumer (D-NY) has excluded cryptocurrency from his list of legislative priorities for upcoming […]

The post TEPCO Subsidiary: Surplus Electricity for Bitcoin Mining Could Generate $2.5 Billion in Annual Revenue appeared on BitcoinEthereumNews.com. TEPCO – Tokyo Electric Power Company subsidiary Agile Energy X, Japan’s largest power utility, has revealed that allocating surplus electricity to Bitcoin (BTC) mining could potentially generate up to $2.5 billion in revenue annually. According to […]

The post Rumors of SEC Chair Gary Gensler’s Dismissal Spread Across Social Media appeared on BitcoinEthereumNews.com. Rumors have begun circulating on social media platforms, including X (formerly known as Twitter), suggesting that Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), has been dismissed by Democratic presidential candidate Kamala Harris. These rumors have […]

The post Gluwa to Launch Low-Earth Orbit Satellite in December to Test Blockchain Infrastructure appeared on BitcoinEthereumNews.com. Gluwa, a blockchain technology company known for its Credit Coin (CTC) project, is set to launch its first low-Earth orbit satellite in December 2024. In an interview with Money Today, Gluwa CEO Oh Tae-rim revealed the company’s ambitious […]