The post Bitcoin is up 6% since the Fed rate cut. What’s next? appeared on BitcoinEthereumNews.com. Bitcoin has risen roughly 6% since the Federal Reserve revealed its first interest rate reduction in more than four years. Industry watchers say that while the rate cut has so far proved to be a short-term catalyst for crypto, […]
Germany’s Banks Enter the Cryptocurrency Market
The post Germany’s Banks Enter the Cryptocurrency Market appeared on BitcoinEthereumNews.com. Germany’s major banks, Commerzbank and DZ Bank, are set to introduce Bitcoin and cryptocurrency trading services to meet rising corporate demands. This strategic initiative underscores the escalating relevance of digital currencies within the financial sector. What is Commerzbank’s Plan for Crypto? Commerzbank, ranking second […]
US Spot Bitcoin ETFs Record $52.83 Million in Net Withdrawals
The post US Spot Bitcoin ETFs Record $52.83 Million in Net Withdrawals appeared on BitcoinEthereumNews.com. Ark Invest and 21Shares’ ARKB suffered the most withdrawals yesterday, at $43.41M. Bitcoin price increased 6.25% on the previous day to $63,195 at the time of writing. On Wednesday, spot bitcoin exchange-traded funds in the United States recorded net withdrawals […]
Only 42 Altcoins Have Outperformed Bitcoin Since the Beginning of the Year – Here is the List
The post Only 42 Altcoins Have Outperformed Bitcoin Since the Beginning of the Year – Here is the List appeared on BitcoinEthereumNews.com. Since the start of 2024, only 42 coins have managed to outperform Bitcoin (BTC) among the top 300 coins on CoinMarketCap. In a year where Bitcoin has maintained its dominance, a surprising number […]
FOMO HOUR 201 – CRYPTO FLYS AFTER FED
The post FOMO HOUR 201 – CRYPTO FLYS AFTER FED appeared on BitcoinEthereumNews.com. FOMO HOUR 201 – CRYPTO FLYS AFTER FED Crypto rips higher after Fed cuts 50bps. $22bn shorts would be liquidated by $70.5k. SUI continues to lead L1s, does 2.5x in a month. Trump buys burgers with Bitcoin. Bitcoin is hedge against US […]
TON Blockchain Surpasses 23.58 Million Transactions, Driven by Catizen’s $CATI Token
The post TON Blockchain Surpasses 23.58 Million Transactions, Driven by Catizen’s $CATI Token appeared on BitcoinEthereumNews.com. In the past 30 days, TON blockchain has seen an impressive 23.58 million transactions within its decentralized application (dApp) ecosystem, according to DappRadar Insights. This kind of activity shows increased trends in the level of awareness and users’ participation […]
Bitcoin Surges to $63,199 Following Fed Rate Cut, $74M in Shorts Liquidated
The post Bitcoin Surges to $63,199 Following Fed Rate Cut, $74M in Shorts Liquidated appeared on BitcoinEthereumNews.com. Bitcoin saw a notable price increase following the Federal Reserve’s recent decision to reduce interest rates, significantly impacting the market. This surge led to a massive wave of liquidations, particularly affecting short positions within the cryptocurrency market. As […]
Ethereum heading for a bear market? Latest order book trends reveal clues
The post Ethereum heading for a bear market? Latest order book trends reveal clues appeared on BitcoinEthereumNews.com. Ethereum high order books signal rally’s peak. ETH might be in a bear market but let’s find. Ethereum [ETH], the largest altcoin, continues to capture attention due to its scalability and widespread use in the blockchain space. However, […]
WazirX Hackers Are Still at It
The post WazirX Hackers Are Still at It appeared on BitcoinEthereumNews.com. Hackers move 5,000 ETH ($12M) through Tornado Cash, complicating asset recovery. WazirX offers a $23.4M reward for tracking down stolen $230M in crypto. Breach raises suspicions about insider involvement. Hackers responsible for the massive WazirX exploit continue to move the stolen funds, the latest […]
Bitcoin Bull Run: Crypto Analyst Publishes Guide On How To Know The Market Top
The post Bitcoin Bull Run: Crypto Analyst Publishes Guide On How To Know The Market Top appeared on BitcoinEthereumNews.com. As the crypto market gears up for a potential bull run in 2025, analyst IonicXBT has shared his comprehensive guide on how to identify the Bitcoin market top in this cycle. The analysts’ guide is based […]