The post Bitcoin Price Recovery Loses Steam: Are More Losses Ahead? appeared on BitcoinEthereumNews.com. Bitcoin price started another decline below the $100,500 zone. BTC is trimming gains and might continue to move down toward the $95,000 zone. Bitcoin started a fresh decline below the $100,000 level. The price is trading below $98,800 and the 100 […]

The post Trump’s FDIC Chief Rethinks Crypto Guidance as U.S. Senators Probe Debanking appeared on BitcoinEthereumNews.com. As U.S. senators prepared to gather for a hearing about U.S. debanking of crypto clients, the interim chief of the Federal Deposit Insurance Corp. said his agency is overhauling its digital assets supervision and revealed more correspondence on Wednesday […]

The post Bitcoin Experiences Major Pullback: Current Market Trends and Insights for Investors appeared on BitcoinEthereumNews.com. On February 6th, COINOTAG News reported significant movements within both the stock and cryptocurrency markets. The major U.S. stock indexes displayed short-term volatility, with the Nasdaq initially dropping nearly 0.8% before staging a recovery, ultimately closing with a modest […]

The post QuickNode and Fuse Network Unveil Business-Focused Layer 2 With Polygon CDK appeared on BitcoinEthereumNews.com. Fuse Network and QuickNode, a leading provider of Web3 infrastructure, have partnered to create a layer-2 (L2) network for business applications. The Polygon Chain Development Kit (CDK) and QuickNode Rollups were used in the creation of this project, which attempts […]

TIGER21, a renowned investment club managing $200 billion in assets, has disclosed that it holds a staggering $6 billion worth of cryptocurrency in its portfolio. This revelation showcases the growing acceptance and interest in digital assets amongst high-net-worth individuals and institutional investors. The decision by TIGER21 to allocate such a significant portion of its funds […]

The post Pudgy Penguins CEO Luca Netz Unveils Exciting Updates and Record Toy Sales Amid New Retail Collaborations appeared on BitcoinEthereumNews.com. On February 6th, COINOTAG News reported significant developments from the **Pudgy Penguins** team, as conveyed by CEO **Luca Netz**. The company is poised to unveil exciting announcements surrounding their expansion into **traditional IP business**. […]

The post Congress Addresses Banking Barriers for Crypto Firms appeared on BitcoinEthereumNews.com. This week, congressional discussions focused on the financial service obstacles faced by cryptocurrency businesses. Reports suggest that policies branded as “Operation Choke Point 2.0” are increasingly hindering crypto companies’ ability to access banking services. What Happened During Senate Sessions?How Are Banking Restrictions Being […]

The post Potential Price Correction Ahead for Optimism (OP) Amid Bearish Signals and Weak Market Sentiment appeared on BitcoinEthereumNews.com. Optimism (OP) is currently exhibiting bearish signals, as technical patterns and on-chain data suggest a looming price correction. After a recent uptick, OP’s price has stalled at critical support levels, raising concerns among traders about its […]

The post 5 Best Cryptos to Invest in for Short Term: Unveiling Top Picks appeared on BitcoinEthereumNews.com. The crypto market is an ever-changing battlefield, with prices soaring one day and dipping the next. But that’s exactly what makes it exciting, right? Every now and then, new projects emerge that shake up the landscape, presenting golden […]

The post Important Statements About Interest Rates Came From Senior FED Governor Barkin! “Are Interest Rate Cuts Over or Will They Continue?” appeared on BitcoinEthereumNews.com. As is known, the FED has reduced interest rates for three consecutive months in the interest rate reduction cycle that started in September. The Fed, which cut interest rates by […]