The post Bitcoin Whales Amass $5 Billion in BTC Amid Soaring ETF Inflows and Record Trading Volumes appeared on BitcoinEthereumNews.com. In July, large holders accumulated a significant amount of Bitcoin, totaling 84,000 Bitcoins worth over $5 billion. This accumulation by whales marks the highest monthly increase since 2014, indicating a substantial market shift. Such massive […]

The post Crypto Biz: Massive inflows to exchanges amid market turbulence appeared on BitcoinEthereumNews.com. This week’s Crypto Biz examines Hong Kong’s crypto ETF market, Morgan Stanley’s green light for Bitcoin funds, Xapo Bank license in the UK, and Core Scientific’s billionaire deal with CoreWeave. The market downturn on Aug. 5 led to the price of […]

The post MicroStrategy Bitcoin Expansion: $2 Billion Raise Expected appeared on BitcoinEthereumNews.com. MicroStrategy may raise up to $2 billion to expand its Bitcoin holdings. The company currently holds 226,500 BTC, valued at over $13.88 billion. The crypto community anticipates that this move could trigger a market rally. Earlier this month, MicroStrategy made headlines by announcing […]

The post Chainlink Secures Two New Partnerships and Integrations- Will LINK Price Surge? appeared on BitcoinEthereumNews.com. Cryptex Finance has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) with Ethereum and Base. Chainlink’s LINK token has rebounded by 20% after a drop earlier this week, with increased network activity. Cryptex Finance has announced its integration of Chainlink’s Cross-Chain […]

Most large-cap cryptocurrencies, including Bitcoin and Ethereum, have not exactly lived up to the hype and promise in the second half of 2024. Investors saw the general market experience a negative start to the past week, with most assets shedding a significant portion of their value. Interestingly, this recent price action has offered a unique […]

The post CoinShares Reveals Strong Financial Results for Q2 2024 appeared on BitcoinEthereumNews.com. Leading European investment company CoinShares has revealed strong financial results for the second quarter of 2024. The company’s revenue more than doubled from the same period in 2023. According to the earnings report, CoinShares recorded revenue of £22.5 million ($28.5 million) in […]

The post Zcash (ZEC) Price Threatened by Correction Despite Recent Rally appeared on BitcoinEthereumNews.com. Zcash (ZEC), the decentralized cryptocurrency created to improve privacy in the blockchain sector, has seen its price increase by a staggering 90% in the last 30 days.  This surge makes ZEC one of the top three performing altcoins. Trading at $41.36, […]

The post Ethereum, Bitcoin ETFs face sudden outflows; Is a market shift in play now? appeared on BitcoinEthereumNews.com. Like BTC ETFs, Ethereum ETFs also witnessed outflows over the past few days Metrics and market indicators suggested that Bitcoin’s bear rally might end soon though Despite the bearish market conditions, Bitcoin [BTC] ETFs witnessed promising inflows […]

The post Federal Reserve Moves to Restrict Customers Bancorp, Raising Crypto Community Concerns appeared on BitcoinEthereumNews.com. The Federal Reserve has recently enforced stringent regulations on Customers Bancorp, a key player in crypto-friendly banking. This move by the Federal Reserve requires the bank to provide a 30-day notice before engaging with any new cryptocurrency clients. “This […]

The post Dogecoin Bulls Show Strength As DOGE Path Toward $0.1144 Solidifies appeared on BitcoinEthereumNews.com. As bearish momentum intensifies, Dogecoin (DOGE) is facing increasing upward pressure, with recent market trends suggesting a potential increase toward the $0.1144 mark. The price action reflects a continued bullish strength, favoring the bulls and raising concerns about further gains. […]