The post How China’s Economic Slowdown Will Transform Global Trade, Expert Insights appeared on BitcoinEthereumNews.com. China’s slowing economy is poised to redefine its global trade relationships, particularly with the Global South. Assistant professor Ning Leng of Georgetown University’s McCourt School of Public Policy discussed how these internal economic challenges might prompt China to boost investments […]

The post EUR/USD holds ground near 1.1150 ahead of Eurozone PMI data appeared on BitcoinEthereumNews.com. EUR/USD remains stable ahead of the Purchasing Managers Index data release from Eurozone and Germany. The US Dollar may struggle due to the rising likelihood of more Fed rate cuts by the end of the year. ECB President Lagarde emphasized […]

The post Hezbollah fires rockets deep in Israel as fear grows of widening conflict appeared on BitcoinEthereumNews.com. Hezbollah and Israel exchanged heavy fire on Sunday, as the Lebanese militant group launched missiles deep into northern Israeli territory after facing some of the most intense bombardment in almost a year of conflict, per CNN.  On Saturday, […]

The post Avalanche’s path to $71: Key resistance levels identified appeared on BitcoinEthereumNews.com. Avalanche has a bullish market structure on the daily chart. The technical indicators showed a buy signal, traders can await a retest of this demand zone. Avalanche [AVAX] saw a breakout past a multi-month descending channel. It also cleared a stern resistance […]

The post Kamala Harris Pledges Crypto Growth Promotion; Trump Defends Bitcoin Mining appeared on BitcoinEthereumNews.com. U.S. Vice President Kamala Harris has pledged to advocate for the expansion of the cryptocurrency industry should she attain the presidency, marking her first public endorsement of the sector on the campaign trail. At a high-profile fundraiser in New York […]

The post Crypto Analyst Sees AAVE Rising to $200 appeared on BitcoinEthereumNews.com. Bitcoin, the leading cryptocurrency, is experiencing a significant boost, maintaining its value above $63,000. This surge is attributed to the Federal Reserve’s influence, and as the final quarter of the year approaches, investors are hopeful for potential gains. Notably, respected analyst Daan Crypto […]

The post central bank has done a good job in navigating the economy appeared on BitcoinEthereumNews.com. Federal Reserve (Fed) Bank of Philadelphia Patrick Harker said on Friday that the US central bank has efficiently navigated a challenging economy over the past few years.   Key quotes Monetary policy is likened to driving a bus – need […]

The post XAU/USD buyers take a breather near $2,600, focus on Middle East geopolitical risks appeared on BitcoinEthereumNews.com. Gold price posts modest losses around $2,620 in Monday’s early Asian session.  US Fed rate cut and geopolitical risks boost the precious metal. The positive view for US growth and stronger US economic data could weigh on the XAU/USD […]

The post Long-term Ethereum investor reaps $131.72 million profit after two-year hold  appeared on BitcoinEthereumNews.com. According to blockchain tracking firm Lookonchain, a long-term Ethereum investor, recently realized a profit of $131.72 million after holding his Ether for two years. The individual purchased Ether during the 2022 bear market and has since held onto it through […]

The post AI Narrative Crypto Projects Leading the Charge: $INJ, $FET, $TAO Dominate appeared on BitcoinEthereumNews.com. Social activity offers a resilient indicator of the extent of attention a project is getting, often leading to major developments concerning a price action. As per Phoenix, a well-known crypto analytics company, $GRT, $PAAL, $AKT, $ZIG, $ROSE, $VRA, $RENDER, […]