Cardano Whales Grab 300 Million ADA as Price Falls 20%

The post Cardano Whales Grab 300 Million ADA as Price Falls 20% appeared on BitcoinEthereumNews.com. Cardano (ADA) has experienced a significant decline in recent weeks, with the price dropping by 20%. Despite this downturn, whale addresses have shown strong accumulation, adding over 300 million ADA worth nearly $200 million.  This behavior suggests confidence in a […]

SHIB Burns Skyrocket 1,306% with 30,156,987 SHIB Gone Forever

The post SHIB Burns Skyrocket 1,306% with 30,156,987 SHIB Gone Forever appeared on BitcoinEthereumNews.com. Data shared by popular data tracker Shibburn, which monitors SHIB burn transactions and then shares the details on its website and X page, has revealed that over the past day, a substantial amount of meme coins was driven out of the […]

Bybit and Safe Custody Are at Odds on Who’s to Blame for $1.5B Hack

The post Bybit and Safe Custody Are at Odds on Who’s to Blame for $1.5B Hack appeared on BitcoinEthereumNews.com. Cryptocurrency exchange Bybit has published a forensic review on last week’s $1.5 billion hack, revealing that its systems had not been infiltrated and that the issue seemed to have stemmed from compromised Safe wallet infrastructure. Bybit […]

Await tokyo CPI – OCBC

The post Await tokyo CPI – OCBC appeared on BitcoinEthereumNews.com. USD/JPY consolidated at lower grounds as markets lighten positions ahead of inflation reports from Japan and US. Pair was last seen trading t 149.69 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Fed-BoJ policy divergence should push  USD/JPY to the downside “Divergence in […]

the founder of the crypto-exchange is on trial in the USA

The post the founder of the crypto-exchange is on trial in the USA appeared on BitcoinEthereumNews.com. Aleksei Andriunin, founder of the crypto-exchange Gotbit, was extradited to the USA from Portugal and appeared before the federal court in Boston. For him, Gotbit, and two other of its directors, Fedor Kedrov and Qawi Jalili, the charge is […]

BlackRock’s IBIT Logs Record-Breaking Outflows

The post BlackRock’s IBIT Logs Record-Breaking Outflows appeared on BitcoinEthereumNews.com. BlackRock’s iShares Bitcoin Trust ETF (IBIT) logged record-breaking outflows on Tuesday, haemorrhaging $418 million in a single day, according to data provided by SoSoValue.  This sum dwarfs the outflows that were recorded by competing products.  For comparison, the Fidelity Wise Origin Bitcoin Fund (FBTC) recorded $145 […]

Bitcoin’s Current Cycle: A Lesson in Stability Amidst a Recent Price Drop

The post Bitcoin’s Current Cycle: A Lesson in Stability Amidst a Recent Price Drop appeared on BitcoinEthereumNews.com. The growth of Bitcoin, the most prominent cryptocurrency, has been impressive since it touched its latest cycle low. At the moment, it sits 826 days removed from that low. What has drawn some attention of late, though, is […]

SEC’s Recent Rollbacks Suggest Possible Shift in Regulatory Approach for Tron and Other Crypto Firms

The post SEC’s Recent Rollbacks Suggest Possible Shift in Regulatory Approach for Tron and Other Crypto Firms appeared on BitcoinEthereumNews.com. The recent regulatory changes by the U.S. SEC highlight a significant shift in the agency’s approach towards the cryptocurrency industry, showcasing a trend towards reform. The closure of lawsuits against major firms, notably Gemini, suggests […]

Market Instability Leads to Cryptocurrency Declines

The post Market Instability Leads to Cryptocurrency Declines appeared on BitcoinEthereumNews.com. Recent developments in the global economy are significantly impacting the cryptocurrency market, leading to a notable decline in major digital assets. Traders are adopting a cautious stance as escalating trade conflicts between the U.S. and Europe create a climate of uncertainty. While Bitcoin and […]

Crypto Analyst Says Top-10 Altcoin Primed for One Final Leg up to New All-Time High, Updates Outlook on Bitcoin

The post Crypto Analyst Says Top-10 Altcoin Primed for One Final Leg up to New All-Time High, Updates Outlook on Bitcoin appeared on BitcoinEthereumNews.com. A widely followed cryptocurrency analyst and trader is leaning bullish on a large-cap altcoin amid a correction that has seen Bitcoin (BTC) fall to lows last witnessed in November. The analyst […]