The post Ledn Secures Landmark $50 Million Bitcoin-Backed Loan From Sygnum to Expand Retail Lending Operations appeared on BitcoinEthereumNews.com. Ledn, a crypto lending firm, has secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail lending operations, providing additional liquidity to […]

The post Ethereum Price Climbs As Exchange Balances Drop Below 10% appeared on BitcoinEthereumNews.com. Ethereum has seen a notable uptick of 3% in the past seven hours, bringing its current trading price to $2,654. 📍 For the first time ever, the $ETH balance on exchanges has dropped below 10%. There is a HUGE difference in […]

The post the second crypto ETF on Solana approved by the CVM appeared on BitcoinEthereumNews.com. Crypto news: the Commissione per i titoli e gli scambi (CVM) of Brazil has approved a second ETF on Solana. The new Exchange-Traded Fund will be offered by Hashdex in partnership with the local investment bank BTG Pactual. Brazil: the […]

The post SEC Concerns Halt Solana ETF Process, Raising Questions About SOL’s Security Status appeared on BitcoinEthereumNews.com. Speculation about potential delays in spot Solana exchange-traded funds (ETFs) process grew after the disappearance of the ETF applications on the Chicago Board Options Exchange (CBOE) website over the weekend. New report confirms that the filing removal was […]

The post Sandbox Moves $13.48 Million In $SAND Tokens Amidst Speculation appeared on BitcoinEthereumNews.com. Earlier today, a multi-signature address associated with The Sandbox transferred 52 million $SAND tokens—valued at $13.48 million—to two different addresses. The reasons behind this large transfer remain unclear. 七小时前，Sandbox 多签地址将累计 5200 万枚 $SAND 转移至两个地址，价值 1348 万美金，用途未知 参考之前多签地址的转出记录，接收地址会将部分代币充值进交易所，剩余部分分发至各个钱包👀 本次接收地址https://t.co/1hxSRBYdwjhttps://t.co/vxOEPKijc4 pic.twitter.com/tuChhwfgjE — Ai […]

The post Bitcoin [BTC] Eyes Critical $61,509 Resistance for Potential Breakout Amid Recent Recovery appeared on BitcoinEthereumNews.com. Bitcoin is currently navigating a significant resistance level at $61,500, which could indicate the start of a robust recovery if breached. Derivatives data reveals a subtle bullish inclination, with a long/short ratio leaning towards bullish sentiment. Bitcoin’s recent […]

The post When Will HBAR Turn The Corner? appeared on BitcoinEthereumNews.com. Despite the challenges across the board, Hedera, a business-focused platform, especially in Q2 2024, continues to build and enhance its ecosystem further. According to a Q2 2024 review shared across X on August 19, analysts noted improvements made in the last quarter, pointing out […]

The post Why Is Bitcoin’s Price Dropping? appeared on BitcoinEthereumNews.com. Recent on-chain data disclose the factors behind the downturn in cryptocurrency values. The now-defunct Mt. Gox exchange has moved 13,265 Bitcoin, equivalent to $784 million, to two unknown wallets multiple times in the recent hours. These movements occur as bulls lose the critical $60,000 Bitcoin […]

The post Tokenized shares in trading cards? CardShares and SmartLedger build platform with wide-ranging potential appeared on BitcoinEthereumNews.com. Before NFTs, there were trading cards. In fact, trading cards are still very much around—today’s market contains over US$20 billion in value. It’s been growing so fast that “high rollers” dominate the industry just as they do […]

The post Bitcoin Exchange Binance Released a New Listing Announcement! appeared on BitcoinEthereumNews.com. Binance, the world’s leading cryptocurrency exchange, is set to expand its offerings by introducing new trading pairs and enhanced Trading Bots services on Binance Spot. Users will have access to the following trading pairs starting August 22, 2024 at 11:00 AM: AAVE/FDUSD […]