The post Stocks spiral after Trump admits to ‘period of transition’ in US economy, but Amgen, Verizon outperform appeared on BitcoinEthereumNews.com. The Dow Jones and the NASDAQ both collapsed at the start of trading on Monday. President Trump’s admission over the weekend that a recession might be in the cards hurts sentiment. Dow Jones member […]
Bitcoin Experiences Significant Outflows Amid Four-Week Decline as US Investors Exhibit Bearish Sentiment
The post Bitcoin Experiences Significant Outflows Amid Four-Week Decline as US Investors Exhibit Bearish Sentiment appeared on BitcoinEthereumNews.com. Bitcoin and Ethereum faced significant sell-offs, with investors withdrawing a staggering $876 million last week as bearish sentiment sweeps the market. The dominance of U.S. investors in this trend highlights a cautious approach amidst rising interest rates […]
Saylor’s Strategy to Offer $21B in Preferred Shares to Buy More Bitcoin
TL;DR Strategy plans to offer up to $21 billion in preferred shares to strengthen its position as the largest corporate holder of Bitcoin. The company will use various financing sources, including stock issuance and convertible debt, to increase its BTC reserves. The 21/21 plan seeks to raise $42 billion over three years to continue acquiring […]
Robinhood agrees to $30 million settlement in U.S. regulatory investigations
The post Robinhood agrees to $30 million settlement in U.S. regulatory investigations appeared on BitcoinEthereumNews.com. Robinhood is paying $29.75 million to settle FINRA’s investigations. The investigations were based on the company’s compliance with and supervision of the regulations. FINRA’s recent report says the settlement amount includes a $26 million civil fine and 3.75 million restitution […]
Coinbase to launch first 24/7 Bitcoin and Ethereum futures in the US
The post Coinbase to launch first 24/7 Bitcoin and Ethereum futures in the US appeared on BitcoinEthereumNews.com. Key Takeaways Coinbase Derivatives plans to launch 24/7 Bitcoin and Ethereum futures trading in the US. The launch will allow American traders round-the-clock access to regulated crypto futures contracts. Coinbase Derivatives plans to launch 24/7 Bitcoin and Ethereum […]
Pakistan Crypto Council to Explore Blockchain for Multibillion Dollar Remittances From Abroad, Adviser Says
The post Pakistan Crypto Council to Explore Blockchain for Multibillion Dollar Remittances From Abroad, Adviser Says appeared on BitcoinEthereumNews.com. Pakistan, one of the top 10 nations for remittances from abroad, may leverage blockchain technology to streamline the process, Bilal bin Saqib, chief adviser to the finance minister and a member of the recently established Pakistan […]
GBP lags EUR advance but should strengthen versus USD – Scotiabank
The post GBP lags EUR advance but should strengthen versus USD – Scotiabank appeared on BitcoinEthereumNews.com. Pound Sterling (GBP) is little changed on the session, Scotiabank’s Chief FX Strategist Shaun Osborne notes. GBP little changed on the day “There were no major data reports from the UK this morning, but a KPMG survey revealed a […]
The Road to Market Cap Breakthrough
The post The Road to Market Cap Breakthrough appeared on BitcoinEthereumNews.com. Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. In the cryptocurrency market, the […]
Pi Network Deadline Nears as Users Face KYC and Migration Hurdles
TL;DR Thousands of users are facing technical issues migrating their tokens to the Mainnet before March 14, raising concerns and criticism. Pi Coin’s price has dropped over 16% in the past week, with a bearish trend that could push it down to $1.20 or lower if no recovery occurs. The lack of confirmation on a […]
Legendary Trader Brandt Makes Bearish Bitcoin Prediction, Debating AI Forecast
The post Legendary Trader Brandt Makes Bearish Bitcoin Prediction, Debating AI Forecast appeared on BitcoinEthereumNews.com. Old-school commodities trader Peter L. Brandt, who has been in the business since the mid-1970s, has published a tweet where he showed two bearish patterns he spotted on a Bitcoin chart. He believes that Bitcoin is likely to decline now, […]