The post This Worldcoin Competitor Is Using ZK Proofs to Preserve Anonymity appeared on BitcoinEthereumNews.com. Rarimo has launched RariMe, a Worldcoin competitor that uses zero-knowledge (ZK) proofs to preserve the anonymity of its users. Described as a self-custody identity wallet, Rarimo says it unlocks private but verifiable identities. While Worldcoin makes use of specially-created technology […]

The post Optimism, Sui, Ethena Braces For Massive Liquidation, Here’s Why appeared on BitcoinEthereumNews.com. The cryptocurrencies Optimism (OP), Sui (SUI), and Ethena (ENA) are among the coins set to witness massive liquidations in the coming days. This is primarily attributable to enormous token unlocks looming over the crypto horizon. Approximately $118 million worth of coins […]

The post Newly Proposed ETF Combines Bitcoin and Gold appeared on BitcoinEthereumNews.com. According to a latest report, an ETF that seeks to enable investors to gain exposure to both Bitcoin and Gold simultaneously has been filed.  The preliminary SEC prospectus discloses that the blending of low-correlation assets is meant to offset short-term price fluctuation.  A […]

Bitcoin’s (BTC) price is falling sharply below the $61K level after failing to maintain its support above $60,000. This decline has raised concerns among analysts about a potential major correction if Bitcoin cannot hold its ultimate support level of $56,000. Bitcoin Struggles Amid Cooling PCE Data Bitcoin’s price action has not displayed much of a […]

The post Is This Pullback Legit Or A Trap? appeared on BitcoinEthereumNews.com. The Moonbeam token (GLMR) price was trading inside a falling wedge pattern and rose from its lower trendline support of $0.1800.  This week, GLMR pulled back and spiked over 30%, revealing that investors had bought the dips and accumulated the token. Meanwhile, the […]

The post US PCE Inflation Fell To 2.6%, Bitcoin Remains Unfazed In Market appeared on BitcoinEthereumNews.com. Key Points: US inflation report did not significantly affect Bitcoin’s price. Active Bitcoin wallets have hit a multi-year low. Long-term Bitcoin holders sold $10 billion worth of BTC in May. Despite equities rallying due to lowered US PCE Inflation, […]

The post Is the FED Preparing for an Aggressive Rate Cut? Here’s What Economists Claim appeared on BitcoinEthereumNews.com. According to some analysts, the FED is expected to implement aggressive easing measures in the face of slowing inflation. Economists at Pantheon predict that the Fed will cut interest rates by 25 basis points in September, followed […]

The post Analyst expect Solana’s price to hit $1300 Amid ETF Filings appeared on BitcoinEthereumNews.com. In this post SOL jumped by almost 10% after VanEck filing went live. Solana bulls and the overall crypto market outlook are optimistic, pinning SOL’s price at $1320 in a few months. Since the beginning of the year, the cryptocurrency […]

The post Kraken Co-founder Jesse Powell Donates $1M in Crypto to Trump’s Campaign appeared on BitcoinEthereumNews.com. Coinspeaker Kraken Co-founder Jesse Powell Donates $1M in Crypto to Trump’s Campaign Following the first US presidential debate held on Thursday between Republican candidate Donald Trump and Democratic bearer Joe Biden, the former has gained more popularity among the […]

The post Crust Network Announces Launch of EthDA Testnet appeared on BitcoinEthereumNews.com. Crust Network has announced the official launch of the EthDA Testnet. EthDA enhances Data Availability (DA) for Ethereum Layer 2 (L2) solutions. It also reduces costs and congestion using EIP-4844. This new testnet is set to significantly improve the efficiency and scalability of […]