The post Record Net Outflows of $1 Billion from Bitcoin ETFs Suggests Potential Challenges Ahead for the Cryptocurrency Market appeared on BitcoinEthereumNews.com. The U.S. cryptocurrency market faced significant turbulence this week as spot bitcoin exchange-traded funds (ETFs) recorded the largest net outflows in history, exceeding $1 billion. The unprecedented outflows reflect a combination of market […]

The post Analyst Predicts XRP Price To Hit $77 Despite Market Correction appeared on BitcoinEthereumNews.com. Crypto analyst Egrag Crypto has provided a bullish outlook for the XRP price, predicting that the crypto could rally to as high as $77. This prediction comes amid the correction in the broader crypto market, with XRP suffering a significant […]

The post Binance Introduces Sonic (S) and Test (TST) as New Borrowable Assets for Flexible Interest Rate Loans appeared on BitcoinEthereumNews.com. Binance has recently expanded its offerings by introducing two new borrowable assets, Sonic (S) and Test (TST), for its Binance Loans (Flexible Interest Rate) service, as reported on February 26. This strategic addition aims […]

The post Bitcoin Faces Internal and External Pressure—Is a Rally Still Possible? appeared on BitcoinEthereumNews.com. Este artículo también está disponible en español. Bitcoin’s price has faced a dramatic downturn, falling below $90,000 and reaching as low as $87,000 levels today. This steep decline places the cryptocurrency further away from its January all-time high of over […]

The post Solana (SOL) Faces Potential Decline to $125-$130 After Testing $143 Resistance appeared on BitcoinEthereumNews.com. Solana (SOL) is currently experiencing a significant downturn, with traders and analysts concerned about its potential fall towards the $125-$130 support zone. The recent bearish sentiment has been exacerbated by declining demand and lower network activity, impacting SOL’s value […]

The post U.S. Spot Bitcoin ETFs See Record Single-Day Outflow of Over $900M as Carry Trades Yield Less Than The 10-Year Treasury Note appeared on BitcoinEthereumNews.com. Tuesday was a rough day for the crypto market, as bitcoin (BTC) fell to three-month lows below $87,000, dragging the broader market down. More importantly, investors withdrew funds from […]

The CEO of Block (formerly known as Square), Jack Dorsey, is considering a potential settlement with New York authorities regarding allegations of money laundering. This development comes as Block faces scrutiny over its compliance with anti-money laundering regulations. Dorsey’s willingness to negotiate a settlement with the state of New York demonstrates a proactive approach to […]

The post Grayscale’s Ethereum ETFs May Earn Staking Rewards with SEC Custody Safeguards Under New Proposal appeared on BitcoinEthereumNews.com. The Securities and Exchange Commission (SEC) has opened the door for Grayscale’s Ethereum exchange-traded funds (ETFs) to earn staking rewards while ensuring custody protections. This significant proposal, published by the SEC following NYSE Arca’s filing, could […]

The post LUNC News: Binance Backs Terra Luna Classic Upgrade Amid Crypto Market Decline appeared on BitcoinEthereumNews.com. While Terra Luna Classic (LUNC) deposits and withdrawals will be temporarily frozen, trading on the platform will remain unaffected, signaling Binance’s confidence in the LUNC ecosystem. The v3.4.0 upgrade includes critical security patches, Wasmvm v1.5.8, CometBFT v0.37.15, and […]

The post Aya Miyaguchi Leads Ethereum Foundation as President appeared on BitcoinEthereumNews.com. The Ethereum Foundation has undergone a major leadership transition. Aya Miyaguchi, who served as Executive Director for seven years, has stepped into the role of President. On February 25, Miyaguchi announced her move, marking a significant shift in the foundation’s leadership structure. Aya […]