The post US Dollar loses value after GDP, and ADP data appeared on BitcoinEthereumNews.com. US Dollar dips despite October ADP employment data showing private sector payrolls increased by 233K, surpassing expectations. Q3 US GDP growth of 2.8% falls short of market forecasts but remains strong amidst global economic slowdown. Focus shifts to Friday’s NFP report, […]

The post Kraken announces layoff, appoints Tribe Capital co-founder as new co-CEO amid restructuring appeared on BitcoinEthereumNews.com. Kraken announced on Oct. 30 a round of layoffs described as “organizational changes” designed to streamline operations and refocus its mission and appointed Arjun Sethi as its co-CEO. Sethi is the co-founder of the venture capital fund Tribe […]

The post Bitcoin’s Hashrate Hits All-Time High at 740 EH/s—What It Means for Miners appeared on BitcoinEthereumNews.com. As bitcoin’s price nears its all-time high, the network’s hashrate is hitting impressive heights once again this year. Bitcoin’s Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of BTC’s rising value against a variety […]

The post Here’s why this analyst is ‘feeling super bullish’ on altcoins appeared on BitcoinEthereumNews.com. Bitcoin (BTC) started a bullish movement above $70,000, renewing the market’s optimism amid an all-time high open interest (OI). As the leader goes up, traders and investors start positioning in altcoins, which are expected to follow the movement. More than […]

With the US election almost here, it has become necessary to highlight the top US politicians who oppose cryptocurrency in the country. This is important, considering that the crypto industry’s fate in the country could depend on whether these individuals are elected. Top Five Politicians Opposing Cryptocurrency In The US The top five politicians opposing […]

The post Biden Thanks Nigerian President After Binance Exec Freed From Prison appeared on BitcoinEthereumNews.com. United States President Joe Biden thanked his Nigerian counterpart Bola Tinubu for playing a crucial role in securing the release of a Binance employee jailed until days ago in the African nation, during a phone call on Tuesday between the […]

The post DOJ Charges AurumXchange Operator with Money Laundering and Tax Violations appeared on BitcoinEthereumNews.com. The United States Department of Justice (DOJ) has charged Maximiliano Pilipis, crypto exchange operator AurumXchange, with money laundering and tax violations. According to a DOJ report on October 28, Pilipis allegedly processed more than $30 million in transactions through AurumXchange, […]

The post Character.ai faces backlash over chatbot versions of deceased teenage girls appeared on BitcoinEthereumNews.com. Character.ai, a platform that lets users create a digital version of people of their choice faces a backlash after chatbot versions of deceased teenagers Molly Russell and Brianna Ghey have been found on their platform. The platform has been condemned […]

The post This is Why MKR Price Surge Might Not Stop Liquidations appeared on BitcoinEthereumNews.com. MKR, the governance token of MakerDAO, has witnessed a 10% price uptick over the past 24 hours. It’s currently trading at a weekly high of $1,224. The recent double-digit rally has led many futures traders to take long positions, expecting […]

The post Could Bitcoin’s $70K Breakout Influence It? appeared on BitcoinEthereumNews.com. Following the submission of Form C on October 25, XRP experienced a quick dip below the important 50-cent mark, but it swiftly bounced back later. The most significant drop occurred on October 3, when the SEC announced it would appeal Judge Torres’s ruling. While […]