The post Crypto Market Plummets as Ethereum & Solana Suffer appeared on BitcoinEthereumNews.com. The altcoin industry, led by Ethereum (ETH) and Solana (SOL), has significantly impacted the recent market crash fueled by major global stock indexes. Since early March this year, the altcoin’s market cap has slipped from around $1.27 trillion to around $866 billion […]

The post Indian man arrested for kidnapping, extorting $125 million from BitConnect employees appeared on BitcoinEthereumNews.com. Indian authorities have arrested a man who allegedly kidnapped and extorted two employees of the defunct crypto platform BitConnect to recover his funds. Shailesh Babulal Bhatt lost money after investing in the Bitconnect Coin (BCC). Bitconnect is a crypto […]

The post Bitcoin Fails to Break $60K Amid Market Uncertainty and Upcoming Fed Meeting appeared on BitcoinEthereumNews.com. The cryptocurrency market retraced early Monday, following a brief positive trend. Market participants are poised for significant US economic events, including the release of the Federal Reserve meeting minutes. Bitcoin struggles to maintain momentum above the $60,000 threshold, […]

Beating the trends like Tap-to-earn, Bitget, a famous cryptocurrency exchange, has brought the first-ever CEX-based task-to-earn options for crypto enthusiasts. Bitget is quite popular among crypto users for its seamless transactions and trading options. It recently launched a booster program, which is a unique earning platform for crypto influencers and professional traders.  This Booster program […]

The post Nigerian tax authority to introduce crypto regulation bill in September: report appeared on BitcoinEthereumNews.com. The Federal Inland Revenue Service, Nigeria’s tax authority, plans to introduce a bill to regulate the cryptocurrency sector by the end of 2024. Speaking at a recent stakeholder engagement session with the National Assembly’s Finance Committees, FIRS Executive Chairman […]

The post Polygon Renames MATIC to POL appeared on BitcoinEthereumNews.com. Polygon, a leading Ethereum scaling solution, announced that it will rename its MATIC token to POL token on September 4. This new token will replace MATIC as the main transaction fee and staking token within the Polygon ecosystem, marking a significant update for the network. […]

The post Ripple Business Dealings Show 1,700 Signed Contracts for XRP appeared on BitcoinEthereumNews.com. A recent rediscovery of a court document has shed new light on Ripple’s business dealings regarding XRP.  The document revealed that the company had entered into over 1,700 contracts with financial institutions and companies to transact XRP. Members of the XRP […]

The post Shiba Inu Prepares for Liquid Staking Launch on Shibarium, Date Announced appeared on BitcoinEthereumNews.com. Shiba Inu will launch liquid staking on the Shibarium network on September 18, enhancing token flexibility. Users can stake BONE tokens through K9 Finance and receive knBONE, a tradable token representing their stake. The Shiba Inu community is preparing […]

The post Machine learning algorithm predicts Bitcoin’s price for August 31 appeared on BitcoinEthereumNews.com. Bitcoin (BTC) has failed to break past the $60,000 resistance zone, with the maiden cryptocurrency consolidating below this level. A break above the $60,000 resistance is a significant catalyst likely to propel Bitcoin to a new all-time high. Amid the current […]

The post US federal agencies are planning to redefine ‘money’ to include crypto in reporting rules appeared on BitcoinEthereumNews.com. Key Takeaways US agencies aim to treat cryptocurrencies as traditional money for reporting purposes. Final rulemaking on crypto as money expected by September 2025. Several top US federal agencies are collaborating to revise the definition of […]