The founder of Gotbit has been extradited to the USA to face charges of fraud. This move comes after a prolonged legal battle and extradition process. Gotbit, a prominent player in the crypto space, has been at the center of controversy for alleged fraudulent activities. The extradition of Gotbit’s founder to the USA underscores the […]
Bank Of America CEO Hints At Stablecoin Launch Subject To Regulatory Clarity
The post Bank Of America CEO Hints At Stablecoin Launch Subject To Regulatory Clarity appeared on BitcoinEthereumNews.com. Bank of America (BoA) has thrown its hat in the ring to become a stablecoin issuer but the company is holding its reins till certain conditions are met. The financial institution wants the govenment to formally approve stablecoins […]
XAG/USD seems vulnerable below $32.00; 100-day SMA holds the key
The post XAG/USD seems vulnerable below $32.00; 100-day SMA holds the key appeared on BitcoinEthereumNews.com. Silver remains below $32.00 on Thursday and close to a two-week low touched on Tuesday. The technical setup seems tilted in favor of bears and supports prospects for further losses. A sustained break below the 100-day SMA support is needed […]
Bitcoin Bull Market Insights: Why Panic Selling Amid 30% Corrections Is Common, According to CryptoQuant CEO
The post Bitcoin Bull Market Insights: Why Panic Selling Amid 30% Corrections Is Common, According to CryptoQuant CEO appeared on BitcoinEthereumNews.com. COINOTAG News reported on February 27 that CryptoQuant’s CEO, Ki Young Ju, shared insights via social media regarding current market trends. He emphasized that panic selling is often an indication of inexperience among traders. […]
Coinbase Expands Into Nigeria With Onboard Global Partnership
The post Coinbase Expands Into Nigeria With Onboard Global Partnership appeared on BitcoinEthereumNews.com. Coinbase has partnered with Onboard Global to offer Nigerian users secure and efficient cryptocurrency trading. Shielding Coinbase from Regulatory Risk Coinbase and Onboard Global have partnered to provide secure and efficient cryptocurrency trading for Nigerian users. The collaboration enables the purchase of […]
USD/INR flat lines ahead of US GDP data
The post USD/INR flat lines ahead of US GDP data appeared on BitcoinEthereumNews.com. The Indian Rupee trades on a flat note in Thursday’s Asian session. Rising US Dollar demand and continued capital outflows undermine the INR, but RBI intervention might cap its downside. The estimate of the US Q4 GDP report will take center stage […]
Cardano’s Recovery Prospects Amid ETF Speculation and Bitcoin’s Market Influence
The post Cardano’s Recovery Prospects Amid ETF Speculation and Bitcoin’s Market Influence appeared on BitcoinEthereumNews.com. As Cardano (ADA) faces significant bearish pressure amidst Bitcoin’s (BTC) declines, market players speculate on its recovery potential. Despite recent ETF acknowledgments, Cardano’s demand remains lackluster, highlighting macroeconomic uncertainties affecting altcoins. According to COINOTAG, “The current market sentiment reflects a […]
Bitcoin Price Drops Again—Is $80K the Last Defense for Bulls?
The post Bitcoin Price Drops Again—Is $80K the Last Defense for Bulls? appeared on BitcoinEthereumNews.com. Este artículo también está disponible en español. Bitcoin price started a fresh decline below the $88,000 support. BTC must stay above the $80,000 zone to avoid more losses in the near term. Bitcoin started a fresh decline from the $92,500 […]
Whale’s $5.73 Million Loss on ETH: A Missed Opportunity for $7.45 Million Profit with BTC
The post Whale’s $5.73 Million Loss on ETH: A Missed Opportunity for $7.45 Million Profit with BTC appeared on BitcoinEthereumNews.com. According to recent analysis by on-chain expert Wu Jinyu, significant movements in the cryptocurrency market have drawn attention to whale activity. In September, a notable whale invested $25.33 million, procuring 8,010 ETH at an average […]
The U.S. War on Crypto Isn’t Over
The post The U.S. War on Crypto Isn’t Over appeared on BitcoinEthereumNews.com. In the wake of the appointment of a U.S. crypto czar and the announcement of comprehensive crypto legislation, many believe the era of “regulation by enforcement” in the U.S. is over. But while the SEC and CFTC now have crypto-friendly chairmen, both state […]