On 5 December 2024, Bitcoin’s price surpassed the landmark $100,000 per coin for the first time. It has taken less than 16 years for Bitcoin to rise from near-zero levels to six figures. The BTC/USD chart reveals:→ On 5 November, Bitcoin was trading below $70,000.→ By 5 December, the leading cryptocurrency peaked around $103,500, marking […]

The post SEC Blocks Solana ETFs, Market Reacts Strongly appeared on BitcoinEthereumNews.com. The U.S. Securities and Exchange Commission (SEC) has officially denied two applications for spot exchange-traded funds (ETFs) linked to Solana (SOL). This ruling has induced significant unrest within the cryptocurrency sector, resulting in Solana’s price stabilizing around the crucial $240 threshold. What Impact […]

The post Bitcoin’s surge signals potential market ‘overshoot,’ BofA strategist warns appeared on BitcoinEthereumNews.com. With Bitcoin briefly surpassing $100,000 and the S&P 500 posting its best year since 2019, Bank of America’s strategist warns of a potential market overshoot. U.S. stocks and cryptocurrencies are showing signs of overheating, with Bank of America Corp.’s Michael Hartnett […]

The post Ripple Sets Record Straight on RLUSD Launch Date appeared on BitcoinEthereumNews.com. RLUSD stablecoin is not launching yet as NYDFS approval has not been confirmed. Ripple Labs has made progress toward securing approval through consistent RLUSD testing. Crypto payments firm Ripple Labs has issued an official statement regarding the launch date of its RLUSD […]

The post Gala Coin Combo Today – December 06 appeared on BitcoinEthereumNews.com. GALACoin is a tap-to-earn Telegram game created by Gala Games, which is one of the leading players in the crypto gaming ecosystem. GALACoin is a simple clicker game where users can earn GALA Points, which can be converted to GALA tokens by referring […]

The post 90% of token unlocks drive prices down, declines begin a month ahead appeared on BitcoinEthereumNews.com. A recent Keyrock report highlighted that 90% of token unlocks exert negative price pressure, though the effects often take up to 30 days to materialize fully.   Approximately $600 million of previously locked tokens are regularly circulated. With predetermined […]

The post Binance to Support IoTeX (IOTX) Network Upgrade and Hard Fork appeared on BitcoinEthereumNews.com. Terrill Dicki Dec 06, 2024 07:41 Binance announces support for IoTeX (IOTX) network upgrade and hard fork, with deposits and withdrawals temporarily suspended on December 17, 2024. Binance Announces Support for IoTeX Network Upgrade In a significant move for the […]

The post Why is the NFT market reawakening: Pudgy Penguins floor rises to a new record appeared on BitcoinEthereumNews.com. The NFT market is reawakening and projects are trying to reinvent and rebuild their appeal. The Pudgy Penguins NFT collection broke out, reaching a new floor price record. Pudgy Penguins set the stage for a renewed […]

The post Wintermute Withdraws $3.19 Million in BONK Tokens from Binance Amidst Major Transactions appeared on BitcoinEthereumNews.com. On December 6, COINOTAG reported that Wintermute, a prominent market maker, executed a significant withdrawal of 31.76 billion BONK tokens from Binance, translating to roughly $1.4 million. This move is part of a broader trend, as Wintermute has […]

The post Turbo-Charged Brothers: $XRP & $XLM’s Rocket Ride or Mirage? appeared on BitcoinEthereumNews.com. XRP vs. XLM: Two Brothers on Steroids in the Altcoin Arena Altcoins in the Spotlight The crypto market has exploded in recent weeks, riding on the coattails of Bitcoin’s resilience and institutional moves toward broader adoption. The Altcoin Season Index recently […]