The post Bitcoin Bulls Are Back! Will the Rally Continue in BTC? Is There a Possibility of a Correction? Analysts Explained! appeared on BitcoinEthereumNews.com. After Donald Trump’s re-election and the FED decision, the cryptocurrency market is back in full swing. At this point, while Bitcoin and altcoins reach peaks not seen in months, BTC continues […]
Deflationary pressures persist – UOB Group
The post Deflationary pressures persist – UOB Group appeared on BitcoinEthereumNews.com. China’s Consumer Price Index (CPI) slowed further to 0.3% y/y in October (Bloomberg est: 0.4%; September: 0.4%). Core CPI (excluding food & energy) barely rose even though it inched higher to 0.2% y/y from 0.1% y/y in September. Services inflation ticked higher to 0.4% […]
Stablecoin Market Update: Current Trends and Outlook
Introduction The cryptocurrency market has witnessed significant growth and volatility in recent years. Amidst this turmoil, stablecoins have emerged as a beacon of stability, providing investors with a hedge against market fluctuations. This article provides an in-depth update on the stablecoin market, exploring current trends, drivers, and the outlook for this rapidly evolving space. What […]
Will They Spark a Crypto Rally or Pullback? Key Indicators to Watch.
The post Will They Spark a Crypto Rally or Pullback? Key Indicators to Watch. appeared on BitcoinEthereumNews.com. Japan’s mixed economic data signals cautious optimism amid uncertain growth. Indonesia’s consumer confidence drops, reflecting potential inflation concerns. South Korea’s rising bond yields may signal tighter monetary policies ahead. Economic updates from various nations can often influence global […]
Cardano Founder To Work With Trump’s Administration on Crypto Policy in 2025-Will This Trigger an ADA Bull Run to $5?
The post Cardano Founder To Work With Trump’s Administration on Crypto Policy in 2025-Will This Trigger an ADA Bull Run to $5? appeared on BitcoinEthereumNews.com. The crypto markets became bullish as the United States voted Donald Trump to be the new president. Bitcoin price triggered a fine upswing and marked a new ATH above $81,800, […]
Crypto liquidations reach $650m; BTC, ETH enter the overbought zone
The post Crypto liquidations reach $650m; BTC, ETH enter the overbought zone appeared on BitcoinEthereumNews.com. The crypto market is roaming in a highly volatile zone as long liquidations start to rise. Bitcoin and Ethereum have both entered the overbought zone. According to data provided by Coinglass, the total crypto liquidations increased by 70% over the […]
Infinaeon Introduces Deflationary Layer-2 Solution to Address Ethereum’s Scalability Challenges
The post Infinaeon Introduces Deflationary Layer-2 Solution to Address Ethereum’s Scalability Challenges appeared on BitcoinEthereumNews.com. Georgetown, Saint Vincent & The Grenadines, November 11th, 2024, Chainwire Ether has surged following the US election. The leading smart contract platform’s native token has come within touching distance of the $3,300 mark for the first time in several months. […]
Tron Collaborates with DSA to shape Crypto Policies in US
The post Tron Collaborates with DSA to shape Crypto Policies in US appeared on BitcoinEthereumNews.com. In a significant move for the cryptocurrency industry, Justin Sun, the founder of Tron, announced on Twitter that the TRON platform (decentralized blockchain platform) will be officially supporting Digital Sovereignty Alliance (DSA). This partnership aims to advance cryptocurrency policies in […]
Zero-Fee Transactions Are Boosting Blockchain’s Appeal
The post Zero-Fee Transactions Are Boosting Blockchain’s Appeal appeared on BitcoinEthereumNews.com. During times of heavy network congestion, blockchain transaction fees can go through the roof. Prior to its shift from Proof-of-Work to Proof-of-Stake, gas fees on the Ethereum network would often hit insanely high levels, with users having to pay hundreds of dollars to have their […]
Breaking: Binance And Changpeng Zhao Faces FTX Lawsuit To Return $1.8B Fund
FTX has recently filed a lawsuit against Binance and its former CEO Changpeng Zhao, demanding a return of $1.8 billion. According to FTX, the fund was fraudulently transferred by its co-founder, Sam Bankman-Fried, to Binance. This legal development has sparked speculations in the broader crypto market, especially as it comes as FTX works to recover […]