Failed FTX exchange to distribute $12.7B in settlement with CFTC

The post Failed FTX exchange to distribute $12.7B in settlement with CFTC appeared on BitcoinEthereumNews.com. The US Commodities Futures Trading Commission (CFTC) reached an agreement with the FTX exchange. The clients of the failed investment platform will be compensated with $12.7B.  FTX Trading Ltd. and Alameda Research LLC will compensate their creditors with $12.7B, after […]

Figure AI Debuts New Humanoid Robot to Challenge Tesla

The post Figure AI Debuts New Humanoid Robot to Challenge Tesla appeared on BitcoinEthereumNews.com. Robotics startup Figure AI has unveiled the brand new Figure 02, the latest iteration of its humanoid robots following the debut of its Figure 01 model in March. The new model features significant upgrades, including enhanced AI systems, improved computer vision […]

SEC Signals No Plans To Appeal Ruling

The post SEC Signals No Plans To Appeal Ruling appeared on BitcoinEthereumNews.com. The US Securities and Exchange Commission (SEC) has signaled it will not appeal Wednesday’s ruling by Judge Torres in the legal battle with Ripple. The case concluded on August 7 with the company facing a civil penalty significantly less than the SEC originally […]

Crypto Market Surpasses $2 Trillion: BTC, ETH Rally Stronger

The post Crypto Market Surpasses $2 Trillion: BTC, ETH Rally Stronger appeared on BitcoinEthereumNews.com. The crypto market made a strong comeback, with a total value that went over $2 trillion. This was triggered by a rise in the prices of Bitcoin (BTC) and Ethereum (ETH). The same happened after positive data about the US job […]

Vitalik Buterin transfers 3000 ETH as a donation in Ethereum

The post Vitalik Buterin transfers 3000 ETH as a donation in Ethereum appeared on BitcoinEthereumNews.com. Vitalik Buterin, co-founder of Ethereum, has transferred 3000 ETH, the equivalent of over 8 million dollars, into a new multi-sig wallet: the hypothesis is that it could be a new donation.  Vitalik Buterin and 3000 ETH in a new multi-sig […]

How Tether’s $1.3B USDT Minting Could Impact Bitcoin’s Price and the $65K Barrier

TL;DR Tether has minted over $1.3 billion in USDT since the crypto market bottom on August 5, transferring these funds to centralized exchanges like Kraken and Coinbase. The injection of USDT suggests potential buying pressure. Since the recent bottom, Bitcoin has recovered over 21%, currently trading around $60,000. BTC needs to surpass the $65,000 barrier, […]

Pepe Meme Coins Gain Momentum as Pepe Coin Climbs 24% and Traders Eye Low Cap Altcoin Alternative Pepe Unchained for 500x

The post Pepe Meme Coins Gain Momentum as Pepe Coin Climbs 24% and Traders Eye Low Cap Altcoin Alternative Pepe Unchained for 500x appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Pepe Coin rallies 24% as meme coin market heats up, with Pepe Unchained emerging as a potential low-cap alternative. Meme coin season has once again captured […]

Growth concerns outweigh inflation – Commerzbank

The post Growth concerns outweigh inflation – Commerzbank appeared on BitcoinEthereumNews.com. It was the expected close decision. By a vote of 3-2, the Mexican central bank (Banxico) yesterday decided to cut interest rates by 25 basis points to 10.75%, Commerzbank’s FX strategist Michael Pfister notes. Peso set to remain under pressure “At the same time, […]

Cboe Resubmits Application for Spot Bitcoin ETF Options Amid SEC Deliberations

The post Cboe Resubmits Application for Spot Bitcoin ETF Options Amid SEC Deliberations appeared on BitcoinEthereumNews.com. The recent activities regarding spot Bitcoin exchange-traded funds (ETF) have taken a new turn. Cboe has refiled its application for listing options on the spot Bitcoin ETF after initially withdrawing it. James Seyffart from Bloomberg Intelligence anticipates that these […]

Donald Trump Jr. to Launch DeFi Platform: A New Weapon Against Banking Inequality

TL;DR Donald Trump Jr. has announced the launch of a cryptocurrency platform with the ticker $TRUMP, not a memecoin. The project is in its early stages of development and will not be available immediately. The platform seeks to offer an alternative to the traditional banking system and improve access to financial services. Donald Trump Jr. […]