Japanese Yen adds to intraday losses after Japan’s weaker PMI report

The post Japanese Yen adds to intraday losses after Japan’s weaker PMI report appeared on BitcoinEthereumNews.com. The Japanese Yen drifts lower against the USD for the third successive day on Monday. Weaker Japanese PMIs and a positive risk tone seem to weigh on the safe-haven JPY.  The divergent BoJ-Fed policy expectations could cap any further […]

Bitcoin Price Shows Stronger Recovery Signs—Upside Move in Focus

The post Bitcoin Price Shows Stronger Recovery Signs—Upside Move in Focus appeared on BitcoinEthereumNews.com. Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et […]

Australian Dollar remains firm following Judo Bank PMI data

The post Australian Dollar remains firm following Judo Bank PMI data appeared on BitcoinEthereumNews.com. The Australian Dollar strengthens after the release of upbeat Judo Bank Purchasing Managers Index data on Monday. Australia’s Judo Bank Manufacturing PMI rose to 52.6 in March, while the Services PMI increased to 51.2. The US Dollar faces pressure as concerns […]

KB Kookmin Bank Partners with Bithumb for Crypto Services

KB Kookmin Bank Partners with Bithumb for Crypto Services KB Kookmin Bank announced on October 15, 2023, the launch of a dedicated deposit and withdrawal service with Bithumb in Seoul, enhancing cryptocurrency interactions. This move is poised to significantly impact South Korea’s crypto space by providing smoother banking integration for Bithumb users, likely attracting more […]

China Plans to Boost Digital Yuan’s Global Role

The post China Plans to Boost Digital Yuan’s Global Role appeared on BitcoinEthereumNews.com. Zhang Ming, the Deputy Director of China’s National Finance and Development Laboratory, has called for the digital yuan’s adoption across various asset classes. His comments follow former U.S. President Trump’s favorable stance on cryptocurrencies, indicating a potential surge in competition within the […]

SHELL Token Buyback Progress Hits 81.2% as 1 Million Tokens Withdrawn from Binance

The post SHELL Token Buyback Progress Hits 81.2% as 1 Million Tokens Withdrawn from Binance appeared on BitcoinEthereumNews.com. On March 24, COINOTAG News reported significant activity in the cryptocurrency sphere, particularly concerning the SHELL token. An on-chain data analyst, known as @ai_9684xtpa, observed that the SHELL buyback address executed a substantial withdrawal of 1 million […]

Will continue raising rates if the likelihood of achieving economic, price outlook rises

The post Will continue raising rates if the likelihood of achieving economic, price outlook rises appeared on BitcoinEthereumNews.com. Bank of Japan (BoJ) Deputy Governor Shinichi Uchida told the Japanese parliament on Monday that “we’ll continue to access economic and financial market situations at home and abroad.” “If our economic and price outlooks are to be […]

Circle Mints 2.5 Billion USDC on Solana, Totaling 10.75 Billion by 2025

The post Circle Mints 2.5 Billion USDC on Solana, Totaling 10.75 Billion by 2025 appeared on BitcoinEthereumNews.com. On March 24th, COINOTAG News reported that Whale Alert has detected Circle minting 2.5 billion USDC on the Solana network just six hours prior. This significant influx of stablecoin highlights Circle’s ongoing commitment to expanding its presence in […]

CZ on “Using BNB to Go Long on Mubarak” on APX Finance

The post CZ on “Using BNB to Go Long on Mubarak” on APX Finance appeared on BitcoinEthereumNews.com. Changepeng Zhao (aka CZ), the founder of Binance, responded to recent reports about him using BNB to take a long position with Mubarak on APX Finance. In a statement, CZ explained, “Today, I conducted the first on-chain perpetual […]

XLM’s Price Trends: Historical Declines Suggest Potential Recovery Amid Volatility

The post XLM’s Price Trends: Historical Declines Suggest Potential Recovery Amid Volatility appeared on BitcoinEthereumNews.com. The recent volatility of Stellar (XLM) reflects historical patterns, with sharp price adjustments following significant bubble risk signals. Despite turbulent periods, experts suggest that price stabilization above key thresholds could indicate potential bullish behavior. “Every oscillator spike above 0.5 has […]