The post See encouraging signs of progress on inflation appeared on BitcoinEthereumNews.com. The Reserve Bank of Australia (RBA) published the Minutes of its December monetary policy meeting on Tuesday, highlighting that the Board members decided the case for steady rates was the stronger one at this meeting. Additional details of the RBA Minutes suggest that […]
Crypto Prices Today: BTC, SEI Lead Gains As Pepe Coin Remains Flat
The crypto prices today noted strong gains as investors seem to be regaining confidence in the digital assets space. Meanwhile, the market has been highly volatile from last week, due to the growing regulatory concerns and other macroeconomic factors weighing on the sentiments. However, the recent rally of the market also indicates a Santa Claus […]
The Bull Market Will Return in 2024, Top Crypto To Buy Before
The post The Bull Market Will Return in 2024, Top Crypto To Buy Before appeared on BitcoinEthereumNews.com. The crypto market is currently abuzz with speculations about a potential Santa Claus rally, a phenomenon where the market experiences a surge towards the year’s end. This anticipation is fueled by various factors, including the U.S. Federal Reserve’s […]
Why Bitcoin longs are seeing liquidations
The post Why Bitcoin longs are seeing liquidations appeared on BitcoinEthereumNews.com. Journalist Posted: December 19, 2023 Bitcoin’s Funding Rate has continued to decline. BTC has seen waning fortunes as well, as it dropped off the $42,000 price range. Recently, Bitcoin [BTC] fell below the $42,000 price range, and there is a possibility of further descent […]
EUR/USD hovers around 1.0920, eyes on Eurozone HICP, US housing data
The post EUR/USD hovers around 1.0920, eyes on Eurozone HICP, US housing data appeared on BitcoinEthereumNews.com. EUR/USD currently trades near 1.0920, adding 0.01% on the day. German business expectations and current conditions unexpectedly worsened in December. The markets believe the Fed is done with the hiking cycle, and three rate cuts are expected next year. […]
Cipher Mining Acquires Over 37K Antminer T21 Miners Worth $99.5M
The post Cipher Mining Acquires Over 37K Antminer T21 Miners Worth $99.5M appeared on BitcoinEthereumNews.com. The new mining equipment is projected to achieve 7.1 EH/s of self-mining capability. With this acquisition, Cipher can secure the price of mining equipment at $14 per terahash. Cipher Mining (CIFR), a publicly listed Bitcoin mining company, is expanding its […]
MilkyWay Brings Liquid Staking to Celestia (TIA)
Hot modular blockchain Celestia has introduced a new liquid staking product for its native token TIA. Liquid staking allows TIA holders to earn rewards while keeping their tokens accessible for other DeFi activities. The mechanism, powered by Cosmos, will use milkTIA as a liquid staking token. Celestia aims to aid developers in creating interoperable and […]
Ethereum Price Analysis: ETH Eyes Fresh Increase To $2,450
Ethereum price is eyeing an upside break above the $2,265 resistance against the US Dollar. ETH price is now trading near $2,250 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $2,265 on the 4-hour chart (data feed from Coinbase). The pair could climb further […]
Solana Outpaces Ethereum in Daily Volume
For the first time ever, Solana’s daily DEX volume outshone Ethereum, although the reign was short-lived. The newfound popularity of meme coin BONK, alongside USDC integration, has fuelled interest in Solana’s DeFi ecosystem. Solana boasts cheaper transactions and faster settlement times compared to the congestion of Ethereum. Since its inception in 2020, Solana has been […]
Ethereum Price Restarts Increase But Can Bulls Turn It Into Rally?
Ethereum price is recovering losses from the $2,120 support. ETH is up over 3% and the price could gain pace if it clears the $2,250 resistance. Ethereum is moving higher from the $2,120 support zone. The price is trading above $2,200 and the 100-hourly Simple Moving Average. There was a break above a key bearish […]