All eyes are currently on the world’s largest altcoin Ethereum (ETH) as it strongly defends the crucial support levels of $2,400. The Ethereum price reversed its trajectory shooting past $2,500 over the weekend with analysts stating that ETH has taken the perfect support and is gearing up for a nearly 2.5x rally to $6,000 ahead. […]

The post Can This XRP Ledger Amendment Push XRP Price To $0.8? appeared on BitcoinEthereumNews.com. The XRP price is facing a bearish sentiment, losing as much as 2.54% of its gain in 24 hours. According to market data, the coin was trading at $0.4961, with a market capitalization of $28.18 billion. Amid this price fall, market […]

The post Bitcoin Speculators Brace for Election Day Volatility Amid Surge in Implied Volatility Index appeared on BitcoinEthereumNews.com. According to Bloomberg, Bitcoin traders are bracing for potential market fluctuations in the wake of the upcoming U.S. election on November 7th. The 30-day implied volatility index for Bitcoin, measured by CF Benchmarks Ltd., has surged to […]

The post Circle Plans Hong Kong Expansion as IPO Preparations Continue appeared on BitcoinEthereumNews.com. TLDR Circle plans to expand operations into Hong Kong, pending new stablecoin regulations Company considering applying for local license in Hong Kong Circle confirms IPO plans are moving forward Company sees Hong Kong as strategic for same-day USD settlement capabilities Circle […]

The post Amazon and Dell Shine while SMCI struggles, election trades in focus appeared on BitcoinEthereumNews.com. Key points Earnings highlights: Five of the Mag 7 companies reported earnings last week and key watch was the extent and efficacy of the AI spend. High valuation also set the bar very high, and investors were mostly left […]

The post Singapore introduces frameworks to commercialize tokenization in financial markets appeared on BitcoinEthereumNews.com. Singapore regulators plan to advance tokenization efforts as the sector has witnessed an uptick in demand for tokenized assets across fixed-income, foreign exchange, and asset management markets. In a Nov. 4 announcement, the Monetary Authority of Singapore disclosed its intentions to […]

The post Essential Tools for Modern Investors: A 2024 Guide appeared on BitcoinEthereumNews.com. As the financial markets grow increasingly sophisticated, complex, and volatile, modern investors must use the latest tools and technologies to navigate the investment landscape. From the explosive growth of artificial intelligence (AI) in fintech to advanced analytics and mobile platforms, the tools […]

The post Crypto scammers hack Wiz Khalifa’s account to promote fake WIZ meme coin appeared on BitcoinEthereumNews.com. Rapper Wiz Khalifa’s X account was reportedly hacked by scammers launching a pump.fun-based meme coin WIZ. ZachXBT suspects it is the same hacker that hijacked Truth Terminal founder’s X account. In a Telegram channel on Nov. 4, blockchain […]

The post Bitcoin to Hit $74,000 Before Correction Phase appeared on BitcoinEthereumNews.com. TLDR Analyst “Credible” predicts Bitcoin will rally to its all-time high of $74,000 The predicted rally is expected to be a fakeout to trap bullish investors A larger correction is expected after hitting all-time highs The analyst forecasts Bitcoin will eventually reach $100,000+ […]

The post New $1B USDT Minted On TRON Marking Its Significance In The DeFi Market appeared on BitcoinEthereumNews.com. The stablecoin supply of Tron has grown to almost $63 billion. Tron’s recent minting of $1 billion in USDT signals its role as a major player in the DeFi space. Will this put pressure on Tron’s price […]