The post Mid-sized Bitcoin transactions rise, reflecting market maturation and retail growth appeared on BitcoinEthereumNews.com. Onchain Highlights DEFINITION: Entity-adjusted relative on-chain volume breakdown by the USD value of the transfers. Bitcoin’s relative transfer volume, when adjusted by entity and categorized by transfer size, exhibits nuanced trends across varying transaction bands. In January 2024, transfers under $1,000 […]

The post Base Outshines Arbitrum As Most Used Ethereum Layer 2 appeared on BitcoinEthereumNews.com. Coinbase Layer 2 (L2) scaling protocol Base Network has outperformed some of its leading competitors like Arbitrum. Base Growth and Key Triggers According to on-chain analyst Leon Waidmann, Base has officially secured the position of “most used Ethereum L2.” For the […]

The post Can Shiba Inu (SHIB) Price Benefit from Resurging Optimism? appeared on BitcoinEthereumNews.com. Shiba Inu’s (SHIB) price is noting the potential for recovery since investors, frustrated with losses, could be reinitiating accumulation. This could result in the meme coin reentering the zone of consolidation it has been in for months and even breaking past […]

The post Treasury and IRS Announce Digital Asset Tax Reporting Regulations appeared on BitcoinEthereumNews.com. The U.S. Department of the Treasury and the IRS have released final regulations for tax reporting on digital asset sales, as part of the Biden-Harris administration’s implementation of the Infrastructure Investment and Jobs Act. Additionally, the Treasury and the IRS revealed […]

The post Coinbase Launches CFTC-Regulated Futures Contracts for Avalanche, Chainlink, Polkadot, Stellar, and Shiba Inu appeared on BitcoinEthereumNews.com. Coinbase Derivatives has taken a significant step by submitting documentation to the Commodity Futures Trading Commission (CFTC) for the self-certification of new futures products linked to five prominent cryptocurrencies. The cryptocurrencies featured in these new futures contracts […]

The post Algotech Turns Head With Exchange Launch Incoming, Bitcoin Cash and Shiba Inu Enthusiasts Join appeared on BitcoinEthereumNews.com. The upcoming launch of Algote­ch, a cutting-edge algorithmic trading platform, is gene­rating excitement in the crypto market. Both inve­stors and enthusiasts, particularly those in the Bitcoin Cash (BCH) and Shiba Inu (SHIB) communitie­s, eagerly anticipate this […]

The post Crypto ATM Installations Rise 2024 2,564 New Machines Globally appeared on BitcoinEthereumNews.com. In June, the number of  crypto automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month. Since January 2024, data shows a total of 2,564  crypto ATMs have been deployed globally. 2024 Sees Steady […]

The post Spot Ethereum ETF launch delayed by SEC comments appeared on BitcoinEthereumNews.com. The SEC commented on the S-1 forms and requested resubmissions by July 8, potentially delaying the launch of spot Ether ETFs until mid-to-late July. The launch of United States-based spot Ether exchange-traded funds (ETFs), which many expected to occur as early as […]

The post MiCA stablecoin rules win approval from Nigeria’s crypto community appeared on BitcoinEthereumNews.com. Nigeria’s crypto community is excited about Europe’s new Markets in Crypto-Assets Regulation (MiCA) stablecoin rules. They see it as a positive step that could help protect their local currencies and encourage the growth of crypto projects. Nigerian data and policy analyst […]

The post Top New Meme Tokens Investors Back For 10x Gains appeared on BitcoinEthereumNews.com. After a few weeks of correction, the meme coin market is hot once more, outperforming the rest of the crypto market. While the market has seen a double-digit increase, crypto experts are optimistic that there is more growth to come, with […]