The post Ripple (XRP) Announces Start of Testing Phase of Major New Initiative appeared on BitcoinEthereumNews.com. Ripple has officially launched the beta testing phase of its new stablecoin, Ripple USD (RLUSD), on both XRP Ledger (XRPL) and Ethereum mainnet. This announcement marks a significant milestone in Ripple’s ongoing efforts to increase the utility of blockchain […]
Ethereum’s strong ‘lead’ on the fees front – Here’s the why and how of it all!
The post Ethereum’s strong ‘lead’ on the fees front – Here’s the why and how of it all! appeared on BitcoinEthereumNews.com. Ethereum garnered the top spot as the highest earning blockchain There remains a close relationship between fees and transactions The latest stats on blockchain revenue are out and the Ethereum network has emerged on […]
Shiba Inu price stagnates as futures open interest drops
The post Shiba Inu price stagnates as futures open interest drops appeared on BitcoinEthereumNews.com. Shiba Inu retreated from the Aug. 9 high of $0.000014 to $0.000032 as the recent rally lost momentum. Shiba Inu’s (SHIB) pullback happened as Bitcoin (BTC) dropped from the intraday high of $62,000 to below $60,000. A look at the coin’s […]
Bitcoin Whales Load Their Bags: $1.7 Billion In BTC Flow Out Of Exchanges
The post Bitcoin Whales Load Their Bags: $1.7 Billion In BTC Flow Out Of Exchanges appeared on BitcoinEthereumNews.com. The price of Bitcoin — and the general market — started the week with one of the largest declines they have seen in 2024. While this broad market downturn resulted in widespread fear and panic amongst crypto […]
Economists expect only a quarter-point rate cut from the Fed
The post Economists expect only a quarter-point rate cut from the Fed appeared on BitcoinEthereumNews.com. The Federal Reserve is expected to drop interest rates by just a quarter-point at their upcoming September meeting, according to a majority of economists surveyed. Almost 80% of them believe the Fed will settle for a modest reduction, bringing the […]
Ethereum Price Faces Bearish Bets and Potential 30% Drop Despite Holding Above $2,600
The post Ethereum Price Faces Bearish Bets and Potential 30% Drop Despite Holding Above $2,600 appeared on BitcoinEthereumNews.com. Ethereum’s price remains steady above $2,600, with investors speculating on its future trajectory. Polymarket’s data shows a low percentage believe Ethereum will hit a new all-time high in 2024. A looming death cross suggests potential downward trends, […]
Ripple’s XRP Buy Volume Leaps Over 200% Post-SEC Victory — Is $3.20 XRP Price Coming? ⋆ ZyCrypto
The post Ripple’s XRP Buy Volume Leaps Over 200% Post-SEC Victory — Is $3.20 XRP Price Coming? ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement     In a notable development, XRP’s buy volume has surged by more than 235% in the past 24 hours. During the same period, XRP’s price saw a significant rise, climbing by […]
Сloser look at SUI’s price action
The post Сloser look at SUI’s price action appeared on BitcoinEthereumNews.com. Sui has surged by 38.57% since last Friday due to positive market developments and major news. Grayscale Investments launched two new crypto investment trusts, one including Sui, which boosted investor interest. Additionally, macroeconomic factors, such as the market’s recovery from a recent Yen rate […]
Cathie Wood Sells Ethereum Futures ETFs, Bearish Signal For Spot ETFs?
The post Cathie Wood Sells Ethereum Futures ETFs, Bearish Signal For Spot ETFs? appeared on BitcoinEthereumNews.com. On August 9, Cathie Wood’s Ark Invest made notable moves in the crypto market by offloading significant portions of its Ethereum futures ETFs. This decision may signal a bearish outlook for Ethereum exchange-traded products (ETPs). Moreover, it reflects a […]
Bitcoin Whales Accumulate $1.7 Billion as Market Panics Amid Price Decline
The post Bitcoin Whales Accumulate $1.7 Billion as Market Panics Amid Price Decline appeared on BitcoinEthereumNews.com. Bitcoin recently saw its price fall below the critical $60,000 level, sparking market-wide panic. Despite the downturn, a significant volume of BTC — over $1.7 billion — was withdrawn from exchanges. Large-scale investors, known as ‘whales,’ seem to be […]