The post EUR/JPY falls below 158.00 as EU inflation approaches ECB target appeared on BitcoinEthereumNews.com. Eurozone’s HICP rose 2.2% YoY in August, aligning with expectations but capping the Euro’s recovery. ECB official Francois Villeroy signals potential rate cuts, while Bundesbank’s Joachim Nael warns inflation isn’t yet at target levels. BoJ’s policy decision looms, with concerns […]
How Companies Can Prepare the Workforce for the Blockchain-Driven Future
The post How Companies Can Prepare the Workforce for the Blockchain-Driven Future appeared on BitcoinEthereumNews.com. In the late 1990s and early 2000s, companies began moving away from outdated operational technology and embracing the benefits of the World Wide Web and email en masse. Transitioning from fax to email and filing cabinets to cloud storage, those […]
Cencora paid $75m in Bitcoin ransomware: Bloomberg
The post Cencora paid $75m in Bitcoin ransomware: Bloomberg appeared on BitcoinEthereumNews.com. Cencora, a healthcare solutions provider, paid a total of $75 million to a ransomware group earlier this year, according to Bloomberg. The publicly traded drug distributor, formerly known as AmerisourceBergen, reportedly sent Bitcoin (BTC) worth $75 million to cyberattackers following a data breach […]
Arthur Hayes anticipates a market crash after the Fed interest rate cut
The post Arthur Hayes anticipates a market crash after the Fed interest rate cut appeared on BitcoinEthereumNews.com. Arthur Hayes, the BitMEX co-founder and Maelstrom’s Chief Information Officer expressed his thoughts about the upcoming Fed interest rate cuts on September 18. He believes the rate cut will cause a major market slump, leading to a bull […]
CryptoQuant Indexes 6 Straight Days of Bitcoin Whale Accumulation from Custody Wallets
The post CryptoQuant Indexes 6 Straight Days of Bitcoin Whale Accumulation from Custody Wallets appeared on BitcoinEthereumNews.com. CryptoQuant highlights six consecutive days of sustained Bitcoin accumulation by whale addresses, especially custody wallets. This bullish accumulation trend comes amid the ongoing market uncertainty that has seen Bitcoin constantly battling the $60K region. Notably, over the past […]
Ethereum ETF Launch Faces Investor Challenges
The post Ethereum ETF Launch Faces Investor Challenges appeared on BitcoinEthereumNews.com. The introduction of spot Ethereum ETFs in the U.S. has not met the expected enthusiasm, trailing behind their Bitcoin counterparts in terms of institutional adoption. Bobby Zagotta, CEO and Global Head of Trading at Bitstamp America, has suggested that a launch at the beginning […]
Binance’s Yi He provides clarity amid regulatory confusion
The post Binance’s Yi He provides clarity amid regulatory confusion appeared on BitcoinEthereumNews.com. Yi He, co-founder of Binance, has addressed concerns about the future of the crypto industry and Binance’s role in navigating current challenges. In a detailed post on X, Yi He discussed the growing pessimism within the blockchain space, regulatory challenges, and Binance’s […]
Vitalik Reveals How Ethereum Achieved ‘Basically Zero’ Transaction Fees
The post Vitalik Reveals How Ethereum Achieved ‘Basically Zero’ Transaction Fees appeared on BitcoinEthereumNews.com. Ethereum L2 fees reduced to near zero, enhancing affordability. Ethereum’s transaction confirmation times significantly improved post-Merge. At Token2049 in Singapore, Ethereum co-founder Vitalik Buterin emphasized Ethereum’s progress, notably highlighting reduced transaction fees and enhanced scalability through layer-2 (L2) networks. He celebrated […]
Shiba Inu Exec Claims “Not Even Elon Can Pump DOGE”
The post Shiba Inu Exec Claims “Not Even Elon Can Pump DOGE” appeared on BitcoinEthereumNews.com. A Shiba Inu executive, Lucie, has argued that no crypto exchange can pump coins, and Elon Musk cannot pump Dogecoin (DOGE). Lucie further criticized crypto exchanges for disregarding investors’ safety by listing tokens that could disappear in a month. Shiba […]
Tether confirms $118.4 billion in reserves, exceeding liabilities by $5.3 billion
The post Tether confirms $118.4 billion in reserves, exceeding liabilities by $5.3 billion appeared on BitcoinEthereumNews.com. Tether, the company behind stablecoin USDT, has released its Q2 2024 attestation report, confirming reserves of $118.4 billion. As per the report, the reserves surpass the company’s liabilities by $5.3 billion. Tether’s disclosure of its reserves comes after the […]