The post Can Solana Surpass Ethereum in Market Value? appeared on BitcoinEthereumNews.com. Recent evaluations from Sygnum Bank suggest that Solana could potentially outperform Ethereum in the realm of smart contracts. The findings reveal, however, concerns about the authenticity of Solana’s transaction metrics, indicating that Ethereum retains a marginal market share. What Are the Observations on […]

The post Crypto hacks explode 8x in just one month—$116M stolen in September alone appeared on BitcoinEthereumNews.com. According to Binance’s crypto report, several firms lost over $116 million to crypto hacks in September alone. This figure is more than eight times the value lost in August. Centralized exchanges were the primary targets, with over 20 […]

The post XRP Price Mirrors 2017 Surge Amid Appeal appeared on BitcoinEthereumNews.com. SEC’s spokesperson has disclosed that the Commission finds the 2023 XRP ruling by Judge Analisa Torres a huge contradiction to a decade-long legal precedent set by the Supreme Court. An analyst has predicted that the SEC’s appeal may not prevent the XRP from […]

The post AUD/USD holds above 0.6800 despite stronger US Dollar, eyes on RBA Minutes appeared on BitcoinEthereumNews.com. AUD/USD trades in positive territory around 0.6805 in Monday’s early Asian session.  The US Nonfarm Payrolls came in stronger than expectations in September.  Middle East geopolitical risks might weigh on the Aussie, but a hawkish RBA could cap […]

The post Is Ethereum local bottom in? Options market signals… appeared on BitcoinEthereumNews.com. Options market data indicated that ETH price could have stabilized.   However, market sentiment was still negative amid overhangs from Middle-East tensions.  Ethereum’s [ETH] price appeared to stabilize after recent volatility following geopolitical escalations in the Middle East that spooked crypto markets.  According […]

The post Bitcoin’s realized price struggles show growing weakness in price appeared on BitcoinEthereumNews.com. Bitcoin is facing new pressures, and it shows in the market data. Both long-term and short-term holders are making moves that suggest growing weakness in Bitcoin’s price. For long-term holders, there’s been a sharp reduction in their realized cap, dropping by […]

The post Will Ripple Overcome SEC Legal Challenges? appeared on BitcoinEthereumNews.com. Legal analyst Fred Rispoli has suggested that Ripple‘s prospects in the ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC) may be more favorable than previously thought. He indicated that the presence of an impartial panel could significantly boost Ripple’s chances of prevailing […]

The post Tether Celebrates 10 Years of USDT Dominance appeared on BitcoinEthereumNews.com. Stablecoin issuer Tether is celebrating its 10th anniversary along with the success of its flagship product, USDT. As part of the anniversary celebration, Tether released a documentary highlighting how USDT has helped users in countries like Argentina and Brazil navigate currency inflation. Tether […]

The post US Financial Conditions Index dips to record lows: Is the Fed still in charge? appeared on BitcoinEthereumNews.com. The US Financial Conditions Index has fallen to its lowest level since the first quarter of 2022. It saw its largest year-over-year decline in three years, wiping out the effects of the interest rate hikes that […]

The post Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil appeared on BitcoinEthereumNews.com. Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational services account for $14.7 billion that flowed out of Brazil […]