The post Is the United States already in a recession? appeared on BitcoinEthereumNews.com. There remains speculation around the actual state of the United States economy, with data signaling that a recession might already be underway. Analysis of data from the National Bureau of Economic Research (NBER) suggests that the economy could be in a downturn, […]

The post Institutional Whales Bet Big On Bitcoin As BTC Nears $64,000 appeared on BitcoinEthereumNews.com. Este artículo también está disponible en español. Large investors seem to be upping their ante; at least, that’s the story of Bitcoin and its latest rebound to over $63,000 today. And market watchers have indeed taken notice. On the inside, […]

The post Cardano’s Hoskinson to Discuss Blockchain Innovations with Argentina’s President Milei appeared on BitcoinEthereumNews.com. Charles Hoskinson, the founder of Cardano, is set to meet with Argentine President Javier Milei to discuss the potential of blockchain technology. Argentina is positioning itself as a blockchain-friendly nation, with Milei being a strong proponent of crypto-related advancements. Discussions […]

The post GBP/USD gains modestly after hitting record high above 1.3300 appeared on BitcoinEthereumNews.com. GBP/USD Price Forecast: Gains modestly after hitting record high above 1.3300 The Pound Sterling registered minimal gains versus the US Dollar during the North American session after reaching a two-and-a-half-year high of 1.3340 on an upbeat retail sales report in the […]

The post USD Stablecoins Dominate Market, But Global Fiat Stablecoins Set to Rise, Says Visa Exec at Solana Breakpoint appeared on BitcoinEthereumNews.com. The adoption of stablecoins, especially those based on non-dollar fiat currencies, is expected to grow in the coming years, according to Visa’s Head of Crypto, Cuy Sheffield. Sheffield highlighted the importance of having […]

The post Is Cardano poised for a 20% rally? Charting ADA’s rise to $0.445 appeared on BitcoinEthereumNews.com. contributor Posted: September 20, 2024 ADA’s Long/Short Ratio stood at the 1.034 level, indicating bullish market sentiment among traders.  ADA’s Futures Open Interest increased by 8.5% and continued to rise steadily. In this ongoing market reversal, Cardano [ADA] […]

The post Altcoin Market Cap Climbs Above $600 Billion: Is This the Bottom? appeared on BitcoinEthereumNews.com. Altcoin prices hit key lows, forming a demand zone as sellers lose momentum.   Low trading volume and thin supply create conditions for rapid upward price movements.   Short squeezes and momentum-driven buying can fuel powerful altcoin price rallies.   Altcoins have […]

The post Why Using a Hashrate Marketplace Makes More Sense Than Mining Crypto Directly appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Although Proof-of-Stake (PoS) has gradually become the most prevalent consensus mechanism in blockchain, mining – the process used in Proof-of-Work (PoW) systems like Bitcoin – remains a popular and profitable endeavor. In March, when the […]

The post Sky expands native tokens to Solana with Wormhole NTT appeared on BitcoinEthereumNews.com. Sky, a decentralized finance protocol rebranded from MakerDAO, is set to utilize Wormhole’s technology to bring its native tokens to Solana, enhancing its multichain capabilities. Wormhole (W)’s native token transfer framework, or NTT, allows for seamless cross-blockchain transfers of native tokens […]

TL;DR Muneeb, founder of Stacks, announced the arrival of sBTC, a synthetic Bitcoin, on the Solana blockchain. The integration of sBTC will combine the security of Bitcoin with the speed and efficiency of SOL. sBTC will allow faster Bitcoin transactions in decentralized applications, which could attract more users and developers to SOL. During the Solana […]