The post Is Bitcoin’s Drop a Buying Opportunity? Five Giant Whales Said “Yes” and Bought $192 Million Worth of BTC in Four Days! appeared on BitcoinEthereumNews.com. Bitcoin (BTC), which came very close to the new ATH last week, later experienced sharp declines and fell to $67,400 levels. While the reason for this decline was the […]

The post Kraken woos Australian wholesale clients with new crypto derivatives product appeared on BitcoinEthereumNews.com. American cryptocurrency exchange Kraken has announced the launch of a new service it hopes will help entrench its Australian presence. The new derivatives-based product, which debuted on November 3rd, 2024, targets wholesale crypto investors.  In a statement, the firm expressed […]

The post Indian police probe $2.7m crypto scam promising fixed returns appeared on BitcoinEthereumNews.com. Law enforcement in India launched an investigation into a crypto investment scam that duped locals out of millions after promising fixed monthly returns of 10%. A Nov. 4 report from the Deccan Chronicle cited police officials who are investigating a cryptocurrency […]

The post Why the Crypto Market Is Down Today? U.S. Election Impacts the Price of Bitcoin appeared on BitcoinEthereumNews.com. The crypto market is down today, Bitcoin (BTC), closed the first week of November with a short-term bearish outlook. More traders have feared the anticipated crypto volatility amid this week’s conclusion of the 2024 U.S. election […]

All eyes are currently on the world’s largest altcoin Ethereum (ETH) as it strongly defends the crucial support levels of $2,400. The Ethereum price reversed its trajectory shooting past $2,500 over the weekend with analysts stating that ETH has taken the perfect support and is gearing up for a nearly 2.5x rally to $6,000 ahead. […]

The post Can This XRP Ledger Amendment Push XRP Price To $0.8? appeared on BitcoinEthereumNews.com. The XRP price is facing a bearish sentiment, losing as much as 2.54% of its gain in 24 hours. According to market data, the coin was trading at $0.4961, with a market capitalization of $28.18 billion. Amid this price fall, market […]

The post Bitcoin Speculators Brace for Election Day Volatility Amid Surge in Implied Volatility Index appeared on BitcoinEthereumNews.com. According to Bloomberg, Bitcoin traders are bracing for potential market fluctuations in the wake of the upcoming U.S. election on November 7th. The 30-day implied volatility index for Bitcoin, measured by CF Benchmarks Ltd., has surged to […]

The post Circle Plans Hong Kong Expansion as IPO Preparations Continue appeared on BitcoinEthereumNews.com. TLDR Circle plans to expand operations into Hong Kong, pending new stablecoin regulations Company considering applying for local license in Hong Kong Circle confirms IPO plans are moving forward Company sees Hong Kong as strategic for same-day USD settlement capabilities Circle […]

The post Amazon and Dell Shine while SMCI struggles, election trades in focus appeared on BitcoinEthereumNews.com. Key points Earnings highlights: Five of the Mag 7 companies reported earnings last week and key watch was the extent and efficacy of the AI spend. High valuation also set the bar very high, and investors were mostly left […]

The post Singapore introduces frameworks to commercialize tokenization in financial markets appeared on BitcoinEthereumNews.com. Singapore regulators plan to advance tokenization efforts as the sector has witnessed an uptick in demand for tokenized assets across fixed-income, foreign exchange, and asset management markets. In a Nov. 4 announcement, the Monetary Authority of Singapore disclosed its intentions to […]