The post Bitcoin Price Impact and Market Reactions appeared on BitcoinEthereumNews.com. After several transactions of more than 91k Bitcoins (BTC) were observed earlier today, top-tier crypto exchange Kraken informed some users that it had received funds on behalf of the Mt.Gox creditors. The cryptocurrency exchange noted that it will distribute the funds to creditors as […]

The post Asia and Oceania Lead in 2024 Global Crypto Adoption Index appeared on BitcoinEthereumNews.com. The paper Chainalysis evaluates crypto adoption across all continents globally and releases annual reports and comes up with a system for ranking the top performing countries in terms of crypto adoption index.  Central & Southern Asia and Oceania (CSAO) between […]

TL;DR TVL Recovery Efforts: Pendle, a yield trading protocol, is addressing a 40% decline in its TVL. To reverse this trend, Pendle has launched new liquidity pools on the Arbitrum network. Pendle-Karak Collaboration: In addition to the pools, Pendle has partnered with Karak Network. Users can place Pendle’s Principal Tokens (PT) on Karak’s platform and […]

The post Virtual assets are considered in UAE’s 100 new AML/CTF recommendations appeared on BitcoinEthereumNews.com. After the UAE was taken off the FATF (Financial Action Task Force) grey list and even prior to that, the UAE continues to take action to ensure improved AML/CTF (Anti Money Laundering) and (Counter-Terrorist Financing) especially when it comes to […]

TL;DR The SEC has given preliminary approval to three asset managers for Ethereum ETFs. The ETFs are expected to begin trading on July 23. BlackRock, VanEck and Franklin Templeton are among those approved. The US Securities and Exchange Commission (SEC) has granted preliminary approval to three of eight asset managers looking to launch exchange-traded funds […]

The post Circle and the minting in USDC and Solana that approaches the ETF appeared on BitcoinEthereumNews.com. Recently, the hype around a possible ETF (Exchange Traded Fund) on Solana has reached new peaks, thanks to the strategic move by the stablecoin issuer Circle, which has minted 250 million dollars in USDC on the Solana network.  […]

The post Ethereum Price Wavers Before The $3,400 Level appeared on BitcoinEthereumNews.com. Jul 16, 2024 at 10:52 // Price The price of Ethereum (ETH) is regaining upward momentum, breaking through the 21-day SMA and reaching a high of $3,378. Price analysis by Coinidol.com. Long-term analysis of the Ethereum price: bearish The bulls have dominated the […]

The post Crypto Investments Hit $17.8 Billion Year-to-Date Inflow in 2024 appeared on BitcoinEthereumNews.com. Crypto investment products witnessed an inflow of $1.44 billion in the previous week. This has raised the year-to-date inflow to a new high of $17.8 billion according to a report by CoinShares.  The previous high was noted in the year 2021 […]

The post XRP Price Poised for Breakout Amid Ripple-SEC Case Speculation, Says Former SEC Lawyer appeared on BitcoinEthereumNews.com. The Ripple vs SEC case has garnered attention with new updates coming to light regarding potential settlements. Ex-SEC lawyer Marc Fagel offers his perspective on the current state of negotiations and the unfolding legal proceedings. Fagel dispels […]

The post Op-Ed: Modern Money is a Byproduct of Power – Bitcoin is a Byproduct of Change appeared on BitcoinEthereumNews.com. We all know this is a crooked @$$ monetary system. Nothing went wrong – the abuses are built into the system. Modern fiat currency may be the worst kind of money, right next to company […]