The United States Senate passed a resolution on Tuesday to scrap a de facto ban preventing the nation’s banks from offering crypto custody services. The vote drew cautious optimism from Bitcoin’s most fervent supporters online and in Congress, who are still wary of a likely veto by the presidential office. Will Crypto Banking Be Possible […]
The Bitcoin Ponzi Scheme Paradox
The post The Bitcoin Ponzi Scheme Paradox appeared on BitcoinEthereumNews.com. “Ponzi scheme” has become a byword for all manner of financial frauds and monetary scams. When a rapid six month collapse erased $2T (trillion) from crypto market capitalization in 2022, mainstream media outlets were quick to again label cryptocurrencies, including Bitcoin, Ponzi schemes. Writing in […]
Natural Gas sprints higher with bulls squeezing out short sellers
The post Natural Gas sprints higher with bulls squeezing out short sellers appeared on BitcoinEthereumNews.com. Natural Gas prices are up over 2.5% on the day. China’s biggest LNG buyers placed orders to further expand its LNG tanker fleet. The US Dollar Index sinks after US CPI shows the economy is back on track in its […]
Bitcoin Supply on Exchanges Falls as Bullish Pressure Mounts
Bitcoin (BTC) supply on centralized exchanges (CEX) has dropped to new lows following bullish pressure in the market in the last 48 hours. New data from on-chain analytics firm Glassnode shows Bitcoin supply on exchanges at 1,728,782 BTC reaching new lows as sentiments swing upwards. The metric saw a 24-hour exit of 23,654 BTC while […]
CyberConnect Rebrands To Cyber And Releases the First L2 for Social on Mainnet!
The post CyberConnect Rebrands To Cyber And Releases the First L2 for Social on Mainnet! appeared on BitcoinEthereumNews.com. Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any […]
Decentralized Exchange Launch Ignites SHIB Community Enthusiasm
The post Decentralized Exchange Launch Ignites SHIB Community Enthusiasm appeared on BitcoinEthereumNews.com. ShibaSwap integrates with Shibarium, enabling dual-platform operations and enhancing decentralized exchange functionalities. The integration fosters community engagement and drives innovation within the DeFi space. On May 15, 2024, in Dubai, SHIB revealed a major development: the integration of its decentralized exchange, ShibaSwap, with […]
ARBITRUM PRICE ANALYSIS & PREDICTION (May 16) – ARB Rejects $1 Amid Recent Surge, Is More Drops Around The Corner?
The post ARBITRUM PRICE ANALYSIS & PREDICTION (May 16) – ARB Rejects $1 Amid Recent Surge, Is More Drops Around The Corner? appeared on BitcoinEthereumNews.com. Following a quick bounce from a two-month low, ARB climbed above a key psychological level and later lost momentum due to a rejection. It quickly turned weak again and now […]
10 Best Crypto To Buy Now In May 2024
The post 10 Best Crypto To Buy Now In May 2024 appeared on BitcoinEthereumNews.com. This article was paid for* The cryptocurrency markets are usually bustling with different activity, and May is no exception. From established coins to emerging projects, navigating the broad world of cryptocurrency demands expert knowledge. According to CoinMarketCap data, there are 23,000 […]
First Bitcoin Statement from Vanguard’s New CEO!
The post First Bitcoin Statement from Vanguard’s New CEO! appeared on BitcoinEthereumNews.com. US-based investment company Vanguard, which has a negative perspective on Bitcoin and cryptocurrencies, recently introduced its new CEO. Vanguard, which manages $7.2 trillion in assets, has named Salim Ramji, the former head of BlackRock’s global ETF division, as its new CEO. It was […]
US Senate Revokes SEC Rule on Banning Banks’ Crypto Holdings
The post US Senate Revokes SEC Rule on Banning Banks’ Crypto Holdings appeared on BitcoinEthereumNews.com. The U.S. Senate has decisively overturned a rule by the Securities and Exchange Commission (SEC) that restricted financial institutions from engaging in cryptocurrency-related activities. This rule had mandated that banks reflect customers’ digital assets on their balance sheets, backed by […]