GBP/USD halts the slide for now

The post GBP/USD halts the slide for now appeared on BitcoinEthereumNews.com. GBP/USD pumped the brakes on recent declines, but upside remains elusive. UK economic data has given Pound bulls little to be bullish about. US data, on the other hand, continues to outpace expectations. GBP/USD managed to plug the leaks and stop its most recent […]

Could Bitcoin (BTC) Face a Notable Price Decline? Analyzing Key Levels and Market Sentiment

The post Could Bitcoin (BTC) Face a Notable Price Decline? Analyzing Key Levels and Market Sentiment appeared on BitcoinEthereumNews.com. Bitcoin (BTC) is currently showing signs of a potential downturn, with recent trading activity indicating consolidating prices. The cryptocurrency is trading between $66,700 and $68,000, setting the stage for a critical breakout that could dictate its […]

Smart Whale Nets $2.88M from GOAT, $411K from BILLY in High-Stakes Trades

The post Smart Whale Nets $2.88M from GOAT, $411K from BILLY in High-Stakes Trades appeared on BitcoinEthereumNews.com. A crypto whale has bagged some smart trades, amassing massive profits in the decentralized finance (DeFi) sector. Based on on-chain metrics and trading history, this investor gained a remarkable $2.88M profit (+3360%) based on the GOAT trade and […]

NZD/USD softens to near 0.6050 ahead of Chinese GDP, Retail Sales data

The post NZD/USD softens to near 0.6050 ahead of Chinese GDP, Retail Sales data appeared on BitcoinEthereumNews.com. NZD/USD weakens to around 0.6055 in Friday’s early Asian session.  The stronger US economic data on Thursday supports the Greenback.  Investors will monitor the Chinese GDP, Retail Sales and Industrial Production data, which are due on Friday.  The […]

Exploring the Potential of Kraken’s Wrapped Bitcoin, kBTC: A New Challenger in the Evolving Crypto Landscape

The post Exploring the Potential of Kraken’s Wrapped Bitcoin, kBTC: A New Challenger in the Evolving Crypto Landscape appeared on BitcoinEthereumNews.com. Kraken has launched a new wrapped Bitcoin product, kBTC, poised to enhance the functionality of Bitcoin in various blockchain environments. This development comes at a time when competition in the wrapped Bitcoin market is […]

Will Bitcoin (BTC) Crash Again? Key Data Predicts What’s Next

The post Will Bitcoin (BTC) Crash Again? Key Data Predicts What’s Next appeared on BitcoinEthereumNews.com. Bitcoin (BTC), the world’s largest cryptocurrency by market cap appears bearish and may experience a notable price decline in the coming hours or days. On October 18, 2024, BTC hinted at a potential price correction as it formed a bearish […]

US Fed Rate Cut of 50 Bps Clouded By Retail Sales and Jobless Claims; ECB Cuts Rate

The post US Fed Rate Cut of 50 Bps Clouded By Retail Sales and Jobless Claims; ECB Cuts Rate appeared on BitcoinEthereumNews.com. September brought stronger-than-expected growth in retail sales that clouded possible US Fed rate cut. This, coupled with an unexpected drop in new jobless claims gives a potential, short-lived boost to the economy and […]

PEPE & SHIB success fuels altcoin frenzy; analysts believe they’ve found a contender

The post PEPE & SHIB success fuels altcoin frenzy; analysts believe they’ve found a contender appeared on BitcoinEthereumNews.com. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. urging digital currencies are fueling investor excitement as buzz grows around potential new standout cryptos poised […]

Bitcoin Whale Transfers See Massive Spike: Sign Of Profit-Taking?

The post Bitcoin Whale Transfers See Massive Spike: Sign Of Profit-Taking? appeared on BitcoinEthereumNews.com. Este artículo también está disponible en español. On-chain data shows the Bitcoin whale transactions have spiked following the latest rally, a sign that profit-taking may have begun. Bitcoin Whale Transaction Count Now Highest In Over 10 Weeks According to data from […]

Could Recent ETF Developments Signal a Shift for XRP? Insights from Ripple’s CEO on Regulatory Challenges and Opportunities

The post Could Recent ETF Developments Signal a Shift for XRP? Insights from Ripple’s CEO on Regulatory Challenges and Opportunities appeared on BitcoinEthereumNews.com. The ongoing developments surrounding XRP ETFs and their regulatory landscape have become a focal point in the cryptocurrency market. Ripple CEO Brad Garlinghouse highlighted the increasing momentum behind ETF filings for XRP […]