Elon Musk has announced that the new XChat feature on the X platform will incorporate “Bitcoin style” encryption, enhancing user privacy and security. According to Musk’s recent post, the updated XChat will include features such as encryption, vanishing messages, and the ability to send various file types, along with audio and video calling capabilities. The […]
Key US Economic Data to Be Released This Week
The post Key US Economic Data to Be Released This Week appeared on BitcoinEthereumNews.com. The crypto market has been steady for the past two weeks, moving between $109,000 and $104,000 after reaching a new all-time high of $111,980. Even though Bitcoin had an 11% jump last month, the market is taking a break for now. […]
Token unlocks this week: Ethena (ENA) and TAIKO lead $369 million value release
The post Token unlocks this week: Ethena (ENA) and TAIKO lead $369 million value release appeared on BitcoinEthereumNews.com. The cryptocurrency market will see token unlocks totaling over $369 million between June 2 and June 9. Ethena (ENA) and TAIKO lead the cliff unlocks, while Solana continues its regular linear unlock schedule. Ethena leads large token […]
XRP Has More Legal Clarity Than Bitcoin Says Lawyer Bill Morgan
XRP is not considered a security in secondary market sales, according to Judge Torres’ 2023 ruling, which the SEC did not appeal. Lawyer Bill Morgan argues that XRP now has more legal clarity than Bitcoin, which has never been subject to a similar judicial ruling. The recent joint settlement request was rejected, prolonging the penalty […]
Evaluating Bitcoin’s 2025 Market: Why a 2021 Double Top Scenario May Not Materialize
The post Evaluating Bitcoin’s 2025 Market: Why a 2021 Double Top Scenario May Not Materialize appeared on BitcoinEthereumNews.com. Despite fears of a 2021-style double top, experts argue Bitcoin’s 2025 market differs significantly due to stronger institutional support and positive fundamentals. Key on-chain metrics like rising active wallet addresses and low MVRV Z-Score suggest healthy growth […]
Technical Analysis Shows Consolidation Near $105,000 Level
The post Technical Analysis Shows Consolidation Near $105,000 Level appeared on BitcoinEthereumNews.com. TLDR Bitcoin price tested the $103,200 support zone after declining from $110,500 BTC is now trading above $105,000 and the 100-hourly simple moving average Bitcoin exchange reserves have fallen to an all-time low of 2.5 million BTC Institutional accumulation is increasing with large […]
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OPEC+ supply increase in line with our expectations – ING
The post OPEC+ supply increase in line with our expectations – ING appeared on BitcoinEthereumNews.com. OPEC+ agreed to another large supply hike over the weekend, increasing it by 411k b/d effective July. The increase is similar to those in May and June. By the end of July, the group will have brought back more than […]
Significant XRP Locked: Understanding Ripple’s Escrow Strategy
The post Significant XRP Locked: Understanding Ripple’s Escrow Strategy appeared on BitcoinEthereumNews.com. The world of digital assets is constantly buzzing with activity, and recent reports from blockchain tracker Whale Alert have once again put the spotlight on XRP and its issuer, Ripple. A significant movement was detected: 200 million XRP tokens have been locked away […]
Crypto Soars in May as Institutions, States, and Regulators Embrace BTC
The post Crypto Soars in May as Institutions, States, and Regulators Embrace BTC appeared on BitcoinEthereumNews.com. Travis Kling of Ikigai Asset Management shared his May highlights for bitcoin and broader crypto ecosystem, underscoring the remarkable scale of institutional adoption throughout the month. May was a blockbuster month for the crypto sector, headlined by unprecedented institutional […]