TL;DR Mt. Gox Repays Creditors After Decade: Mt. Gox, the infamous cryptocurrency exchange that collapsed in 2014, has finally started repaying its creditors after a long wait. Eligible creditors will receive their funds in Bitcoin and Bitcoin Cash through designated crypto exchanges. Market Jittery About Repayments: The repayments have caused some jitters in the crypto […]

The post Key Support Breached, $48,000 Next? appeared on BitcoinEthereumNews.com. Bitcoin’s price plummeted to approximately $53,500 during early trading hours in Asia on Friday, hitting this low for the first time in four months. This significant decline has raised alarms among investors and market analysts. According to BeInCrypto data, Bitcoin (BTC) has fallen by roughly […]

The post Justin Sun Offers to Buy German Government’s $2.3 Billion Bitcoin Holdings appeared on BitcoinEthereumNews.com. TLDR Justin Sun offered to buy the German government’s remaining $2.3 billion in Bitcoin The German government has been selling its Bitcoin holdings, potentially impacting market prices The Bitcoin was originally seized from a pirate movie website operator Sun […]

The post U.S. Court orders Sam Ikkurty to pay $84M for crypto Ponzi scheme appeared on BitcoinEthereumNews.com. A federal court has ordered Jafia LLC and its owner, Sam Ikkurty, to pay nearly $84 million to crypto investors after ruling that the firm operated a Ponzi-like scheme.  The judgment, issued by Judge Mary Rowland in the […]

The post Ripple (XRP) Price Plummets to One-Year Low of Under $0.40: Details appeared on BitcoinEthereumNews.com. TL;DR The cryptocurrency market has faced significant declines, with major assets like Binance Coin, Dogecoin, and XRP experiencing double-digit losses. XRP’s future may improve with technical indicators suggesting a rebound. Another Red Day The cryptocurrency sector has been experiencing […]

TL;DR Market Downturn: The cryptocurrency market has seen a significant drop, with Bitcoin (BTC) falling to a low of $53,485 and altcoins like Ethereum (ETH), Binance Coin (BNB), and Cardano (ADA) experiencing substantial losses. The total market cap has decreased by nearly $250 billion. Investor Panic: Fear has gripped the market due to Mt. Gox’s […]

The post Over 18,600 BTC and 164,000 ETH options to expire today – A new low inbound!!! appeared on BitcoinEthereumNews.com. Bitcoin (BTC) has been trading at 4-month lows in the last 18 hours. So much is happening all at once. Earlier today, Mt. Gox moved Bitcoin worth $2.6 million. The defunct Japanese crypto exchange has […]

The post Reform UK candidate tied to ‘crypto Ponzi’ BuddyX fails in election bid appeared on BitcoinEthereumNews.com. Reform UK candidate David White, who claimed to be the ‘co-founder’ of a scheme later described as a ​​’Dubai-based crypto Ponzi,’ has failed in his bid to win the South Barnsley seat in the UK’s general election. White […]

The post ‘In the Solana ecosystem, memecoins reign’: WIF, BONK outshine ETH memes appeared on BitcoinEthereumNews.com. Memecoins were the most popular crypto market category in the first half of 2024  Solana-based memecoins outperformed its Ethereum counterparts 8X.  Memecoins were the most popular cryptocurrency category in the first half of 2024. Per the CoinMarketCap (CMC) H1 […]

The post Ethereum and altcoins plunge as bear market takes hold appeared on BitcoinEthereumNews.com. The price of Ethereum and other altcoins has dropped to levels not seen in weeks. The Bitcoin (BTC) market and other DeFi token markets likewise recorded this pessimistic forecast.  If the entire crypto space is considered, there has been an overall […]