Bitcoin, the largest cryptocurrency asset has been exhibiting considerable volatility, prompting several bearish sentiments regarding its price trajectory from market experts. After exploring BTC’s recent price action, popular cryptocurrency expert and trader, Titan of Crypto has warned the community about an impending downward correction for the digital asset. His observations indicate that there may be serious […]

The post Breaks out of Symmetrical Triangle pattern appeared on BitcoinEthereumNews.com. USD/CAD breaks out of a large symmetrical triangle price pattern, activating upside targets.  Though it has backed and filled since the break, the probabilities favor a continuation higher.  A break above the June 11 high would provide additional bullish confirmation.  USD/CAD has decisively broken […]

The post Base Network Surpasses Binance Chain in Active DEX Users appeared on BitcoinEthereumNews.com. Most DEX users on the Base network come from Uniswap. Trading on Base, the Coinbase-supported Layer 2, is soaring, positioning the network to become the second-most active in terms of decentralized exchanges (DEX) users this month. According to Dune Analytics, Base’s […]

The post The Battle Over Encrypted Messaging: Signal President Calls Out EU’s “Rhetorical Games” appeared on BitcoinEthereumNews.com. TLDR The EU Commission has revised its Chat Control law proposal, now seeking to mandate “upload moderation” for encrypted messaging apps to detect CSAM before messages are transmitted. Signal President Meredith Whittaker argues that “upload moderation” is simply […]

The post Crypto analyst highlights ‘major fundamental flaw’ causing altcoins to outperform this cycle appeared on BitcoinEthereumNews.com. Crypto analyst Miles Deutscher recently highlighted a “major fundamental flaw” that he believes is the primary reason behind altcoins’ underperformance in the current market cycle. Deutscher detailed his findings in an X (formerly Twitter) thread on June 18. […]

The post HashKey announces airdrop ahead of HSK token listing in Q3, 2024 appeared on BitcoinEthereumNews.com. HashKey Group announces HSK token launch set for Q3, 2024. A community airdrop is scheduled for late June to incentivize community building. HashKey Group has announced that its token HSK will launch in the third quarter of 2024. The […]

The post Analyst Points To Ultra Rare Signal appeared on BitcoinEthereumNews.com. The latest chart analysis by crypto analyst @Cryptobilbuwoo0, published via X, offers a compelling narrative for XRP’s potential upward trajectory when juxtaposed against the total cryptocurrency market capitalization. The analyst emphasizes key technical indicators and historical patterns, suggesting that XRP might be on the […]

The post LABEL Foundation Rebrands into LABEL AI: Shaping the Future of Music with AI and Blockchain Innovation appeared on BitcoinEthereumNews.com. In a bold move poised to redefine the music and sound industry landscape, LABEL Foundation proudly announces its evolution and rebranding into LABEL AI. This transformation signifies a groundbreaking shift towards harnessing the potential […]

The post ZKsync’s ZK Token Officially Launches Amid Network Load, RPC Issues appeared on BitcoinEthereumNews.com. ZKsync’s ZK token officially launched on multiple exchanges on June 17, with the token witnessing considerable price fluctuations as ZKsync dealt with network issues.  The ZK token is currently trading around the $0.22 mark and has a market capitalization of […]

The post Economist Sahm, who devised recession rule, says the Fed is ‘playing with fire’ appeared on BitcoinEthereumNews.com. Economist Claudia Sahm on CNBC’s The Exchange. CNBC The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author of a time-tested rule for when recessions happen. Economist […]