The post Bitcoin Faces Pressure as Altcoins Decline appeared on BitcoinEthereumNews.com. Bitcoin has begun to pull back from its recent highs, which has triggered more significant drops in altcoin values. Presently, the cryptocurrency community is closely monitoring Bitcoin’s potential to exceed the $70,000 threshold. However, the appearance of lower local dips poses a challenge to […]

The post Abercrombie responds to CEO Mike Jeffries sex trafficking arrest appeared on BitcoinEthereumNews.com. Abercrombie & Fitch chairman and CEO Mike Jeffries addresses stockholders during the company’s annual meeting at the company’s headquarters in New Albany, Ohio, U.S. May 22, 2003. Will Shilling | Via Reuters Abercrombie & Fitch washed its hands of its former […]

The post PropiChain attracts Solana and Cardano investors seeking 8,000x profit potential appeared on BitcoinEthereumNews.com. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With Solana and Cardano dipping over 3%, investors are flocking to PropiChain for potential 8,000x gains. Solana (SOL) and […]

The post Is $0.01 the Next for SHIB? appeared on BitcoinEthereumNews.com. Shiba Inu (SHIB) experienced a 6750% surge in its burn rate, removing over 27 million tokens from circulation. This increase in burn activity is fueling optimism among investors. Shiba Inu (SHIB), the well-known dog-themed meme cryptocurrency, has sparked fresh optimism among investors with a […]

The post Clears key-technical levels, turns bullish above 152.00 appeared on BitcoinEthereumNews.com. USD/JPY turns bullish after clearing the Ichimoku Cloud and 200-day SMA, with momentum suggesting further upside towards the 160.00 target. Key resistance levels include the October 23 high of 153.19, followed by 154.00 and the July 30 peak at 155.21. A bearish scenario […]

The post Bitcoin Could Face Challenges Ahead Amid Correlation with S&P 500 appeared on BitcoinEthereumNews.com. The relationship between Bitcoin and traditional markets like the S&P 500 and commodities, including gold and copper, suggests challenges ahead.  Two recent charts from Bloomberg’s Senior Commodity Strategist Mike McGlone discuss Bitcoin’s position in the market. The charts suggest that […]

TL;DR Uniswap Labs has launched a new permissionless bridging functionality, available on nine blockchain networks, to facilitate asset transfers. The update, powered by the Across protocol, allows users to move assets between Ethereum, Base, Arbitrum, Polygon, OP Mainnet, Zora, Blast, World Chain, and ZKsync. This bridging stands out for operating through a decentralized network, ensuring […]

The post Crude Oil flat with Blinken trying to ease geopolitical tensions, weekly EIA release up next appeared on BitcoinEthereumNews.com. Crude Oil faces selling pressure, pushing Crude Oil prices back to $70.00. Traders piled into safe havens such as the US Dollar, while bonds and equities are diving lower.  The US Dollar Index looks set […]

The post Vietnam aims to lead blockchain innovation with 2030 strategy appeared on BitcoinEthereumNews.com. Vietnam unveiled its National Blockchain Strategy, setting ambitious goals to advance its blockchain capabilities in an Oct. 23 announcement. The initiative aims to position Vietnam as the region’s leading hub for blockchain research, application, and innovation by 2030. Per the document, […]

An over-the-counter trader in China, Yicong Wang has allegedly laundered tens of millions in stolen cryptocurrency for the notorious Lazarus Group hacking organization behind several major crypto thefts. On-chain analyst ZachXBT revealed that Wang laundered the stolen assets for the Lazarus Group via bank transfers since 2022. The identity of the trader came to light […]