Brazil’s Central Bank Proposes New Regulations on Foreign-Backed Stablecoins, Impacting Crypto Withdrawals

The post Brazil’s Central Bank Proposes New Regulations on Foreign-Backed Stablecoins, Impacting Crypto Withdrawals appeared on BitcoinEthereumNews.com. Brazil’s Central Bank is instituting new regulations that could restrict withdrawals of foreign-backed stablecoins to self-custody wallets. The initiative aims to align crypto operations with traditional financial regulations while addressing risks related to investor protection. Analysts warn that […]

This Solana (SOL) Alternative Below $0.15 is Set to Rise to $4.5 in Only 6 Weeks

The post This Solana (SOL) Alternative Below $0.15 is Set to Rise to $4.5 in Only 6 Weeks appeared on BitcoinEthereumNews.com. With its high-speed blockchain and outstanding distributed exchange (DEX) volume, Solana (SOL) has created waves in the crypto sector and become a major participant. Solana’s DEX exceeded $100 billion in November 2024, attesting to […]

Russia Advances Crypto Taxation Bill, Awaiting Putin’s Signature

The post Russia Advances Crypto Taxation Bill, Awaiting Putin’s Signature appeared on BitcoinEthereumNews.com. Russia is one step closer to implementing a comprehensive framework for taxing cryptocurrency transactions and mining. Its Federation Council approved a federal bill on November 27, following its passage in the State Duma. The legislation, which awaits President Vladimir Putin’s signature to […]

HBAR’s next rally – Can the altcoin push past $0.188 on the charts

The post HBAR’s next rally – Can the altcoin push past $0.188 on the charts appeared on BitcoinEthereumNews.com. HBAR’s breakout from the descending channel signaled a potential trend reversal and golden cross Rising social dominance and Open Interest alluded to market confidence At the time of writing Hedera [HBAR] was trading at $0.1703, up 14.60% […]

5 Best Meme Coins to Buy in December 2024 for Massive Returns in 2025

The post 5 Best Meme Coins to Buy in December 2024 for Massive Returns in 2025 appeared on BitcoinEthereumNews.com. The world of meme coins isn’t just fun and games—it’s where fortunes are made, and 2024 is proving that more than ever. From Dogecoin’s iconic trends to BTFD’s bold bull market entry, meme coins have redefined […]

NFT sales dip to $146.5m: Ethereum, Bitcoin network recover

The post NFT sales dip to $146.5m: Ethereum, Bitcoin network recover appeared on BitcoinEthereumNews.com. As Bitcoin continues to face resistance near the $100,000 mark, the NFT market has experienced a 1.6% drop, with total sales volume settling at $146.5 million. While Bitcoin (BTC) trades at $96,800, Ethereum (ETH) has shown strength by surging 3.5% in […]

Ripple Set to Launch RLUSD Stablecoin Amid Regulatory Challenges and Market Volatility

The post Ripple Set to Launch RLUSD Stablecoin Amid Regulatory Challenges and Market Volatility appeared on BitcoinEthereumNews.com. Ripple Labs is on the cusp of launching its regulated stablecoin, RLUSD, with New York Department of Financial Services (NYDFS) approval anticipated as early as December 4, 2024.  This development signals Ripple’s strategic entry into the highly regulated […]

AI predicts Algorand price for year-end as ALGO reaches new yearly high

The post AI predicts Algorand price for year-end as ALGO reaches new yearly high appeared on BitcoinEthereumNews.com. Algorand (ALGO) has captured the spotlight in the cryptocurrency market, trading at $0.44 after a dramatic one-day gain of 17% and an impressive 47% rise over the past week. The token has surged above its yearly high of […]

Ethereum outpaces Bitcoin in daily net flows for spot ETFs

The post Ethereum outpaces Bitcoin in daily net flows for spot ETFs appeared on BitcoinEthereumNews.com. Ethereum spot ETFs mark a historic milestone with a $332.92 million daily inflow, surpassing Bitcoin ETFs amid the ETH price surge. The latest data from SoSoValue reveals that Ethereum (ETH) spot ETFs have recorded $332.92 million in daily net inflows […]

Ethereum ETFs Break Record With $332 Million Inflows

The post Ethereum ETFs Break Record With $332 Million Inflows appeared on BitcoinEthereumNews.com. On Friday, Ethereum ETFs outperformed Bitcoin ETFs in net flows for the first time ever. According to data provided by Farside, Ethereum ETFs have shown $332 million in net inflows on Nov. 29. Source: Farside Bitcoin ETFs, on the other hand, have […]