Dogecoin Hits 2024 Sentiment Low Amidst Ethereum’s Resurgence Above $3,500 Support

The post Dogecoin Hits 2024 Sentiment Low Amidst Ethereum’s Resurgence Above $3,500 Support appeared on BitcoinEthereumNews.com. Interesting new data shows Dogecoin’s Weighted Sentiment has plummeted in 2024. Meanwhile, Ethereum (ETH) sees renewed buying interest after positive news from the SEC, ending an investigation and bringing confidence back above the $3,500 mark. Ethereum ETFs like ETFSwap […]

Light Protocol and Helius Labs Just Gave Solana Superpowers: Here’s How

The post Light Protocol and Helius Labs Just Gave Solana Superpowers: Here’s How appeared on BitcoinEthereumNews.com. Solana integrates ZK compression on L1, achieving a 10,000x scalability boost for onchain state. Developers are empowered to build efficiently on Solana with reduced costs, marking a significant advancement in blockchain technology. The introduction of ZK compression signals Solana’s […]

Ethereum Set For $5,000? ETH Open Interest Expanding On CME Ahead Of Spot ETFs Trading

The post Ethereum Set For $5,000? ETH Open Interest Expanding On CME Ahead Of Spot ETFs Trading appeared on BitcoinEthereumNews.com. Ethereum is tracking lower when writing, sinking roughly 18% from March 2024 highs. Even though bears appear to be in control at spot rates, keeping the second most valuable coin below $3,700, confidence is high […]

Have we reached the top?

The post Have we reached the top? appeared on BitcoinEthereumNews.com. Friday’s trading session didn’t bring much change for the stock market, with the S&P 500 index closing 0.16% lower. It fluctuated following its Thursday retreat from a new record high of 5,505.53. Today, the index is likely to open virtually flat, further extending a short-term […]

Korea Institute of Finance warns spot crypto ETFs can harm local economy

The post Korea Institute of Finance warns spot crypto ETFs can harm local economy appeared on BitcoinEthereumNews.com. The Korea Institute of Finance has flagged the risks sport Bitcoin ETFs pose to the nation’s economy. According to a report penned by researcher Bo-mi Lee, while spot crypto exchange-traded funds (ETFs) can offer institutional security for investors […]

Bitcoin falls below $63K after BTC whale transactions drop 42%

The post Bitcoin falls below $63K after BTC whale transactions drop 42% appeared on BitcoinEthereumNews.com. Bitcoin transactions worth $100,000 or above have significantly fallen over the past two days. Meanwhile, Bitcoin has retraced below $63,000. Bitcoin whales slowed their transaction activity in the past two days, just before Bitcoin’s price slipped below $63,000. On June […]

BlockDAG, Arbitrum, and Cardano lead the way

The post BlockDAG, Arbitrum, and Cardano lead the way appeared on BitcoinEthereumNews.com. BlockDAG is rapidly emerging as a powerhouse in the cryptocurrency market, gaining significant traction thanks to endorsements from key industry influencers. The ongoing presale, now in Batch 18, has seen the coin’s price skyrocket to $0.0122—a remarkable 1120% increase from its initial Batch […]

Riot nominates directors for Bitfarms board as part of takeover saga

The post Riot nominates directors for Bitfarms board as part of takeover saga appeared on BitcoinEthereumNews.com. Riot Platforms has officially called for a meeting of Bitfarms shareholders in a bid to replace board directors and continue its apparent push to take over the company.  Shareholders will be able to vote on the removal of CEO […]

Bitcoin Miner Riot Platforms (RIOT) Ditches Bitfarms (BITF) Takeover, Seeks to Overhaul Board

The post Bitcoin Miner Riot Platforms (RIOT) Ditches Bitfarms (BITF) Takeover, Seeks to Overhaul Board appeared on BitcoinEthereumNews.com. Riot, which became Bitfarms’ largest shareholder and owns 14.9% of the company, called for a special meeting to remove Bitfarms’ Chairman and interim CEO Nicolas Bonta, director Andrés Finkielsztain and anyone who might fill the vacancy created […]

Binance Labs Makes Strategic Investment in Infrared’s Berachain Protocol

TL;DR Binance Labs backs Infrared with a strategic investment to enhance liquid staking development on Berachain. Infrared focuses on maximizing value on Berachain with accessible liquid staking solutions for BGT and BERA. The investment will enable Infrared to enhance Berachain’s security, efficiency, and develop iBGT and iBERA tokens to maximize staked asset utility. Binance Labs […]