The post Justin Drake Resigns from EigenLayer Role appeared on BitcoinEthereumNews.com. Justin Drake, a key figure from the Ethereum Foundation, has chosen to resign from his advisory position at EigenLayer to address rising concerns regarding potential conflicts of interest within the crypto community. This decision comes amidst growing scrutiny over the suitability of his dual […]

The post Bitcoin’s Dip Below $69,000 Triggers Over $200 Million In Liquidations appeared on BitcoinEthereumNews.com. Bitcoin (BTC) crashed below $69,000 on Sunday resulting in significant levels of market liquidations. Interestingly, analysts have also noted a correlation of this decline with a decrease in the winning odds of US Republican presidential candidate Donald Trump ahead of […]

The post Dogecoin Price Eyes $0.2 Rally As Analyst Identifies ‘Bottom Formation’ appeared on BitcoinEthereumNews.com. The cryptocurrency market is witnessing a notable correction ahead of the U.S. presidential election of 2024. As Bitcoin price plunged below the $70,000 mark, the altcoin market is experiencing renewed selling pressure. While the Dogecoin price follows the same momentum, […]

The cryptocurrency market is witnessing a notable correction ahead of the U.S. presidential election of 2024. As Bitcoin price plunged below the $70,000 mark, the altcoin market is experiencing renewed selling pressure. While the Dogecoin price follows the same momentum, a renowned crypto analyst identified a possible bottom formation for most major altcoins. Currently trading […]

The post Kraken Launches Derivatives for Australian Wholesale Clients After Regulatory Setback appeared on BitcoinEthereumNews.com. U.S.-based crypto exchange Kraken has launched a new suite of crypto derivatives products for Australian wholesale clients, aimed at aligning with regulatory standards following a recent legal challenge in the country. Kraken’s licensed broker offering will allow institutional clients to […]

The post Bitcoin Volatility May Surge Post-US Elections, Potentially Impacting ETH, DOGE, LTC, and XMR Trends appeared on BitcoinEthereumNews.com. The cryptocurrency market stands at a pivotal moment with Bitcoin’s recent price movements and upcoming US elections influencing volatility in digital assets. Despite Bitcoin’s recent pullback to around $68,000, analysts share optimism as they predict potential […]

We’re thrilled to announce our new licensed broker offering that will service eligible Australian wholesale clients with a broad suite of exciting crypto-based derivatives products.  Starting today, we will enable wholesale clients to acquire crypto-based derivatives via its Australian financial services licensed broker. Our new crypto derivatives broker offering provides both flexibility and depth to […]

The post Riot Achieves $84.8M Revenue Boost in Q3 2024, But Future Hash Rate Capacity Predictions Revised Lower appeared on BitcoinEthereumNews.com. Bitcoin mining firm Riot recorded $84.8 million in revenue in the third quarter of 2024, representing a 65% increase over the same quarter in 2023. This growth can be attributed to the 159% year-over-year […]

The post Bitcoin ETFs Fail to Boost Price Effectively? appeared on BitcoinEthereumNews.com. Despite the growing enthusiasm for Bitcoin ETFs, experts are debating their influence on Bitcoin’s market performance. Bloomberg’s Eric Balchunas asserts that ETF inflows have positively affected Bitcoin’s valuation, yet conflicting perspectives highlight ongoing concerns about its price stability. What Are Experts Saying About […]

The post Potential Downward Trend for Dogecoin Amidst Market Volatility and High NVT Ratio appeared on BitcoinEthereumNews.com. Dogecoin, the popular meme cryptocurrency, has faced notable volatility as market dynamics shift, raising questions about its future price movements. Despite an impressive funding rate, Dogecoin’s recent plunge by nearly 5% signals a potential shift in investor sentiment. […]