The post Investors Increase Focus on Bitcoin and Ethereum ETFs appeared on BitcoinEthereumNews.com. On September 24, the trading of spot Bitcoin ETFs in the U.S. concluded with a remarkable surge worth $136 million, indicating a burgeoning interest among investors. This uptick has been attributed to the efforts of leading investment firms like BlackRock, Bitwise, and […]

The post US SEC’s crypto policies called ‘Rogue’ by Congress appeared on BitcoinEthereumNews.com. The high-stakes Congressional hearing on Tuesday saw the US Securities and Exchange Commission (SEC) Chair Gary Gensler facing sharp criticism alongside his fellow commissioners for handling digital assets. The crucial hearing reflected growing frustration with the SEC’s crypto oversight. Committee Chair Patrick […]

The post Bitcoin Price Movement: Potential $1.819 Billion Long Liquidation Below $62,000 According to Coinglass Data appeared on BitcoinEthereumNews.com. On September 25, as per Coinglass analytics, the current mainstream CEX long order liquidation intensity significantly overshadows that of short orders. Should Bitcoin’s value drop below $62,000, the cumulative liquidation intensity on long orders is projected […]

The post Banana Gun Restores Funds After Cyber Attack appeared on BitcoinEthereumNews.com. Recently, Banana Gun, a Telegram trading bot, encountered a significant cybersecurity breach, leading to a loss of nearly $3 million in user funds. The company has assured affected users that they will receive full reimbursements from their treasury, benefiting 11 individuals directly. This […]

The post Driving Financial Inclusion and Economic Growth appeared on BitcoinEthereumNews.com. Finnovex West Africa 2024 is poised to be a critical forum for addressing key challenges and opportunities related to financial inclusion and economic development. The conference aims to drive impactful conversations and actionable solutions that will shape the trajectory of the financial services sector […]

The post Analyzing BONK’s Support and Resistance Levels: What’s Next? appeared on BitcoinEthereumNews.com. BONK is currently consolidating near a key support level at $0.00001801, indicating potential for upward movement. A breakout above the descending trendline could target resistance levels of $0.0000627 and $0.0001592, offering significant gains. Increased trading volume and open interest in BONK derivatives […]

The post BTC Surge in 2024 Creates 20,000 New Millionaires—Bitcoin Wealth Soars appeared on BitcoinEthereumNews.com. Bitcoin’s 2024 surge has created 20,000 new millionaires, with wallet holders reaching record highs. Strong market performance and increasing investor participation push Bitcoin wealth to unprecedented levels. According to data from BitInfoCharts, one of the standout achievements is the creation […]

The post Sui-Powered Walrus Revolutionizes Decentralized Storage with Game-Changing WAL Token appeared on BitcoinEthereumNews.com. Sui development team releases an independent PoS chain and introduces a new governance token, WAL. The decentralized storage network Arweave’s launch of its computing layer AO revitalized AR’s price, ecosystem, and interest—Sui’s decentralized storage network Walrus could have a similar impact. […]

The post What’s Driving Bitcoin and Ethereum Price Rally? appeared on BitcoinEthereumNews.com. Led by Bitcoin (BTC) and Ethereum (ETH), the total cryptocurrency market cap rallied around 2 percent in the past 34 hours to hover about $2.3 trillion on Wednesday.  In the last 24 hours, the sudden crypto pump resulted in more than $111 million […]

The post Ethereum Follow Protocol (EFP) Launches on Mainnet Enhancing Ethereum’s Social Infrastructure appeared on BitcoinEthereumNews.com. On September 25, COINOTAG reported that Brantly Millegan, the former ENS Operations Director, announced the official launch of the Ethereum Follow Protocol (EFP) on the mainnet. EFP, a decentralized on-chain social graph protocol for Ethereum accounts, aims to revolutionize […]