The post Ethereum’s Downtrend Could Persist as Selling Pressure Mounts Towards $1.6K appeared on BitcoinEthereumNews.com. Recent market movements indicate a troubling trajectory for Ethereum (ETH), with bearish trends suggesting significant price declines ahead. The ongoing selling pressure has led to Ethereum dropping 11.8% over the past week, cementing its status in a bearish market landscape. […]
Fink Warns BTC Could Overtake the US Dollar as Global Reserve Currency
The post Fink Warns BTC Could Overtake the US Dollar as Global Reserve Currency appeared on BitcoinEthereumNews.com. Fink mentioned that decentralized finance and asset tokenization could reshape global finance but also threaten America’s economic dominance. Meanwhile, major corporations are doubling down on Bitcoin. Japanese firm Metaplanet issued $13.3 million in zero-interest bonds to fund further […]
Ripple Mints Record-Breaking Number of RLUSD Tokens
The post Ripple Mints Record-Breaking Number of RLUSD Tokens appeared on BitcoinEthereumNews.com. San Francisco-based blockchain company Ripple has minted a record-breaking 50 million tokens on Ethereum. This is the largest single-batch mint to date by a large margin. On top of the aforementioned sum, the company minted a total of 61.3 million tokens in March. On […]
Gold price in Saudi Arabia: Rates on April 1
The post Gold price in Saudi Arabia: Rates on April 1 appeared on BitcoinEthereumNews.com. Gold prices rose in Saudi Arabia on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 379.15 Saudi Riyals (SAR) per gram, up compared with the SAR 376.72 it cost on Monday. The price for Gold increased […]
Fidelity Research: Bitcoin Price Primed for Next Surge in ‘Acceleration Phase’
Bitcoin’s price is poised for its next surge, according to research by Fidelity Investments. The cryptocurrency has been steadily gaining momentum, with experts predicting a significant uptrend in the near future. Cryptocurrency enthusiasts and investors are eagerly awaiting the next phase of acceleration for Bitcoin. As the market continues to evolve, Fidelity’s research suggests that […]
ETH Price Is Struggling To Maintain Bullishness, Why?
The post ETH Price Is Struggling To Maintain Bullishness, Why? appeared on BitcoinEthereumNews.com. ETH price action appeared to be on the verge of building up momentum for a sizable rally and even managed to push above $2,000. However, that attempt was thwarted and price reverted below this price point. ETH price exchanged hands at $1842.35 […]
Ethereum Price Forecast: Can ETH Rebound or Is It a ‘Dead Investment’?
The post Ethereum Price Forecast: Can ETH Rebound or Is It a ‘Dead Investment’? appeared on BitcoinEthereumNews.com. The post Ethereum Price Forecast: Can ETH Rebound or Is It a ‘Dead Investment’? appeared first on Coinpedia Fintech News Bitcoin jumped to $109K, a new high post-Trump’s re-election, but Ethereum is still lagging, stuck at 68% below […]
OpenAI secures record $40 billion funding led by SoftBank
The post OpenAI secures record $40 billion funding led by SoftBank appeared on BitcoinEthereumNews.com. OpenAI officially announced on Monday that it completed its fundraising campaign at $40 billion making it the largest private funding of a tech company. This historic round increased OpenAI’s value to $300 billion, which puts it among the most valuable private […]
BTC Price Outlook: Can Bitcoin Break Above $85,000 Amid Fed’s Restrictive Monetary Policy?
The post BTC Price Outlook: Can Bitcoin Break Above $85,000 Amid Fed’s Restrictive Monetary Policy? appeared on BitcoinEthereumNews.com. The President of the New York Federal Reserve recently reiterated that the current monetary stance remains moderately restrictive, with elevated interest rates exerting downward pressure on inflation metrics. However, the prospect of a resurgence in inflation remains […]
Tether Boosts Bitcoin Holdings By 8,888 BTC In Q1 2025
The post Tether Boosts Bitcoin Holdings By 8,888 BTC In Q1 2025 appeared on BitcoinEthereumNews.com. USDT stablecoin issues Tether added a massive 8,888 Bitcoins to its BTC holdings, worth $735 million, during the first quarter of 2025, while reinforcing its long-term commitment to BTC accumulation. This accumulation happened at a time when the BTC price […]