The post Analyzing Market Sentiment Ahead of Crucial SEC-Ripple Meeting appeared on BitcoinEthereumNews.com. SEC and Ripple set for another closed-door meeting, sparking settlement speculation. XRP’s price and trading volume show bearish trends ahead of the meeting. Market analysts provide mixed predictions based on potential meeting outcomes. As the cryptocurrency world holds its breath, Ripple and […]
Dogecoin proponent Elon Musk says no to crypto promotions – Why?
The post Dogecoin proponent Elon Musk says no to crypto promotions – Why? appeared on BitcoinEthereumNews.com. Musk pledges to cease crypto promotion amid rising social media scams. Recent crypto scams highlight social media’s dual role in promotion and fraud. Tesla CEO and Twitter owner, Elon Musk, known for his enthusiastic support of cryptocurrencies, particularly Dogecoin […]
XAU/USD rises to near $2,450 due to increased risk aversion
The post XAU/USD rises to near $2,450 due to increased risk aversion appeared on BitcoinEthereumNews.com. Gold price gains ground due to increased risk aversion amid raised concerns about the US economy. The safe-haven demand for the yellow metal received support from escalated geopolitical tensions in the Middle East. The dovish mood surrounding the Fed’s policy […]
Bitfarms boosts production by 33%, increases Bitcoin holdings above 1,000 BTC
The post Bitfarms boosts production by 33%, increases Bitcoin holdings above 1,000 BTC appeared on BitcoinEthereumNews.com. Bitfarms said its Bitcoin production and holdings increased last month despite the rising mining difficulty, according to an Aug. 31 statement. The crypto miner revealed a 33.8% rise in Bitcoin production for July, attributed to a higher hashrate. Bitfarms […]
USDT Issuer Tether Reports Record Profits Of $5.2 Billion, Why This Is Good For Bitcoin
The post USDT Issuer Tether Reports Record Profits Of $5.2 Billion, Why This Is Good For Bitcoin appeared on BitcoinEthereumNews.com. The largest stablecoin issuer, Tether, recently disclosed a record net profit for the first half of this year. This is undoubtedly bullish for Bitcoin, considering the company’s commitment to accumulating the flagship crypto with some […]
Gold price in United Arab Emirates: Rates on August 2
The post Gold price in United Arab Emirates: Rates on August 2 appeared on BitcoinEthereumNews.com. Gold prices rose in United Arab Emirates on Friday, according to data compiled by FXStreet. The price for Gold stood at 289.79 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 288.90 it cost on Thursday. The […]
Jerome Powell: An Interest Rate Cut Might Be “On The Table” For September
Let’s examine the insights shared by our Technical Analyst at UseTheBitcoin as he walks us through his personal trading approach and observations on the crypto … Read more
XRP Price Breaks Out Of 6-Year Triangle, But Is A Rally To $1 Possible?
The XRP price has been experiencing notable movements since the last week of July, closely linked to updates about a potential settlement between the SEC and Ripple. This anticipation has significantly influenced XRP’s market performance, causing a remarkable surge in its price as it skyrocketed from $0.599 to $0.655 in just a matter of hours. […]
UTB Weekly News Roundup (JUL 29th – AUG 2nd, 2024)
Stay in the loop with our weekly crypto digest as we get you up to speed on the hottest trends and events in the crypto … Read more
PBOC Adviser urges more fiscal stimulus and consumption boost
The post PBOC Adviser urges more fiscal stimulus and consumption boost appeared on BitcoinEthereumNews.com. People’s Bank of China (PBOC) adviser Huang Yiping calls for bolder stimulus and lower inflation target. Key quotes Urge more fiscal stimulus and consumption boost. Warn of “low inflation trap” risk for Chinese economy. Suggest lowering CPI target to 2%-3% from […]