The post Bitcoin Holds Above $56,000 As Bears Try To Drive It Down appeared on BitcoinEthereumNews.com. Sep 04, 2024 at 07:46 // Price The price of Bitcoin (BTC) is in a sideways trend following the price crash on August 27. Bitcoin traded below the moving average line last week, but above the $58,000 support level. […]
Holding above 1.100 into key US data – ING
The post Holding above 1.100 into key US data – ING appeared on BitcoinEthereumNews.com. As discussed in the US Dollar (USD) section above, there is perhaps a narrower path at this stage for pro-cyclical currencies to benefit from a weaker US macro story, ING’s FX strategist Francesco Pesole notes. Waiting for the nest US data […]
Whale Wallet Possibly Belonging to Institution Sells Nearly $100,000,000 Worth of Solana (SOL) This Year: Lookonchain
The post Whale Wallet Possibly Belonging to Institution Sells Nearly $100,000,000 Worth of Solana (SOL) This Year: Lookonchain appeared on BitcoinEthereumNews.com. A whale wallet has sold off nearly $100 million worth of Solana (SOL) this year, according to the crypto tracker Lookonchain. Lookonchain speculates that the unknown wallet could belong to an institution. The crypto […]
Memecoins Attract Investors Due to Minimal Regulation
The post Memecoins Attract Investors Due to Minimal Regulation appeared on BitcoinEthereumNews.com. Jack Sparrow, an anonymous cryptocurrency analyst, recently shared insights on the burgeoning interest in memecoins among investors. Using social media platform X, Sparrow explained that the appeal of memecoins isn’t rooted in their fundamentals or the belief that meme communities are the future […]
Gold extends losses despite global market sell-off
The post Gold extends losses despite global market sell-off appeared on BitcoinEthereumNews.com. Gold continues slowly falling despite risk sentiment turning negative following weak US manufacturing data. Overcrowded long positioning could be the reason the commodity is not rising as expected. Technically, Gold has broken below the key $2,500 level – a bearish sign for the […]
Here’s Why SUN Price Could Explode 300% After SunPump Buyback & Burn Plan
SUN price has been consolidating after getting that first huge rally following the launch of the platform and subsequent shilling by Tron Founder Justin Sun. The retrace has also been exacerbated by general market conditions owing to the Bitcoin price erratic movements. However, Sun announced a 100% on-chain buyback and burn for SunPump. This is […]
Ripple CEO Says RLUSD Stablecoin Is Close To Launch, No US IPO
The post Ripple CEO Says RLUSD Stablecoin Is Close To Launch, No US IPO appeared on BitcoinEthereumNews.com. Key points: During his fireside chat at Korea Blockchain Week, Ripple CEO Brad Garlinghouse said the company will launch its new stablecoin in “weeks, not months.” The Ripple CEO said he is more “optimistic” than ever about the […]
NEAR’s road to recovery: Traders bet on rise to $5.2 and beyond
The post NEAR’s road to recovery: Traders bet on rise to $5.2 and beyond appeared on BitcoinEthereumNews.com. Increased liquidity and a prevailing bullish pattern contribute to the anticipated upward movement. If buying pressure persists, NEAR could climb to $5.2 and potentially extend to $8. Despite bearing the brunt of recent market downturns—with a 16.48% drop […]
Eurozone HCOB Services PMI registered at 52.9, below expectations (53.3) in August
The post Eurozone HCOB Services PMI registered at 52.9, below expectations (53.3) in August appeared on BitcoinEthereumNews.com. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or […]
Leading cryptos to watch this September
The post Leading cryptos to watch this September appeared on BitcoinEthereumNews.com. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. This September, investors are watching Ripple, Polygon, and Rollblock, with Rollblock leading the pack after a 140% presale rise and a projected 880% […]