The post Gold Rally Needs to Pause for Bitcoin (BTC) Price to Break All-Time High, Data Suggests appeared on BitcoinEthereumNews.com. BTC, the leading cryptocurrency by market value, has been trading back and forth in a wide range between $50,000 and $70,000 since April, with several crypto-specific and macro factors consistently capping the upside. Meanwhile gold […]

The post Current Trends and Key Levels appeared on BitcoinEthereumNews.com. Solana’s price action indicates bullish momentum, aiming for resistance at $174. Sui’s upward trend hinges on breaking the $2.05 resistance for further gains. Jupiter’s surge suggests potential gains, but it must hold above $1.00 support. Cryptocurrency markets remain volatile, making price trend analysis essential for […]

The post exSat Network Mainnet Launches with $270M in TVL, Expanding Bitcoin’s Utility appeared on BitcoinEthereumNews.com. Key highlights: exSat Network mainnet is live with over 30 validators securing the platform using Bitcoin and the XSAT token. Validators include major pools like Antpool, synchronizing over 60% of Bitcoin’s hash rate for enhanced security. With $270M in […]

The post Bitcoin (BTC) Flips Support to Resistance Signaling a Rally appeared on BitcoinEthereumNews.com. Bitcoin price trades at $67.3K after a brief gain of 0.35% in the last 24 hours. Crypto analyst shares a promising sign of a potential Bitcoin price momentum. Bitcoin’s crucial resistance levels are tested to confirm a bullish trend. To accomplish […]

The post Ripple CEO Predicts Shift in Crypto Landscape appeared on BitcoinEthereumNews.com. Ripple CEO Brad Garlinghouse has recently declared that the cryptocurrency industry is set for a significant “reset,” irrespective of the outcome of the upcoming U.S. elections. During his address at Washington DC Fintech Week, Garlinghouse criticized the current administration’s unfavorable stance towards digital […]

The post AUD/USD recovers further from over two-month low, climbs above mid-0.6600s on softer USD appeared on BitcoinEthereumNews.com. AUD/USD attracts buyers on Thursday amid a modest USD pullback from a three-month high. Retreating US bond yields, along with stable risk sentiment, prompts some USD profit-taking. Bets for smaller Fed rate cuts and the US political […]

The post Bitcoin Futures Open Interest Plummets 4.15% in Just 4 Hours on CME Platform appeared on BitcoinEthereumNews.com. On October 24, COINOTAG revealed significant shifts in the Bitcoin futures market, highlighting a decrease in open interest on the CME platform. According to recent data from Coinglass, there has been a notable decline of 4.15% over […]

The post Corporations Increase Bitcoin Holdings via ETFs appeared on BitcoinEthereumNews.com. Recent statistics reveal that institutional entities are significantly investing in Spot Bitcoin ETFs, collectively owning 20% of their shares, which translates to around 193,000 BTC. This notable accumulation underscores the growing acceptance of Bitcoin among major institutional players. Which Funds Lead in Bitcoin Holdings? […]

The post Mexican Peso reverses in technical bounce and revival of carry appeared on BitcoinEthereumNews.com. The Mexican Peso executes a technical bounce and rises despite negative fundamentals.  The move could be technically inspired or as a result of a revival in carry flows due to the weakening Yen.  USD/MXN pulls back after testing the 20.00 […]

The post Consensys appeals for pro-web3 regulation in open letter to future US president appeared on BitcoinEthereumNews.com. Blockchain infrastructure provider Consensys has issued an open letter to the next U.S. president, urging a regulatory framework that supports blockchain innovation. Ethereum-focused blockchain developer Consensys has called on the future U.S. administration to prioritize regulatory clarity and […]