The post TON blockchain stablecoin supply increases by 25% since Pavel’s arrest appeared on BitcoinEthereumNews.com. According to Artemis, stablecoin supply on the TON blockchain has increased by over 20% since Pavel Durov’s arrest on August 24. The surge in total stablecoin supply increased 13-fold since April after USDT’s integration into the chain.   Data from Artemis […]

The post Market Veteran Predicts Ethereum Slump in Q4 2024, Citing Similar Trends in 2016 And 2019 appeared on BitcoinEthereumNews.com. Market veteran Benjamin Cowen highlights Ethereum cyclical breakdown patterns in 2016 and 2019, predicting a repetition in Q4 2024. He recently shared Ethereum’s ETH/USD monthly candles showing similar behavior, with a breakdown against Bitcoin (ETH/BTC) […]

The post Why Cardano Could Be the Next Big Crypto Winner appeared on BitcoinEthereumNews.com. TLDR Cardano (ADA) has seen significant developments, including full decentralization and improved scalability Analyst Dan Gambardello claims Cardano is now 10x stronger than in previous market cycles ADA’s market cap has grown from $2.997 billion in 2020 to $12.64 billion currently […]

The post RBNZ cuts OCR by 50 bps – UOB Group appeared on BitcoinEthereumNews.com. The Reserve Bank of New Zealand (RBNZ) decided to reduce the official cash rate (OCR) by 50 bps to 4.75%. In the accompanying media release, the RBNZ flagged that the ‘Committee agreed that it is appropriate to cut the OCR by […]

The post Bitcoin Price Surge In 2024 Not Enough To Beat Gold’s Risk-Adjusted Returns appeared on BitcoinEthereumNews.com. Este artículo también está disponible en español. According to Goldman Sachs, Bitcoin (BTC) price appreciation in 2024 failed to compensate for its price volatility risks. Meanwhile, gold’s higher risk-adjusted returns reaffirmed its “safe haven” narrative. Despite The Gains, […]

The post Coinbase Now Enables Bitcoin Transfers to Taproot Addresses appeared on BitcoinEthereumNews.com. Taproot enables advanced smart contracts and supports Bitcoin-native tokens like BRC-20. Coinbase’s Taproot integration supports the advanced “bc1p” Bitcoin address format. Coinbase has officially integrated support for sending Bitcoin to Taproot addresses, enhancing user transaction capabilities. This integration comes as Taproot, a […]

The post Are they living up to the hype? appeared on BitcoinEthereumNews.com. Just over two months after BlackRock, a major asset manager heavily invested in cryptocurrencies, suggested that Bitcoin (BTC) and Ethereum (ETH) were the only two digital assets worth buying, here’s how they have fared in terms of price since its team’s public recommendation. […]

The post EigenLayer (EIGEN) Approaches New All-Time Highs With a 23% Surge appeared on BitcoinEthereumNews.com. EigenLayer (EIGEN) has experienced a sharp increase in price today following a semi-bearish week. The altcoin, which launched amidst much hype and controversy, is now riding a wave of renewed interest.  With the momentum building, EIGEN is eyeing the possibility […]

The post Multiple Indicators Point to Possible Surge appeared on BitcoinEthereumNews.com. TLDR XRP price predicted to potentially rise 8,400% to $44 Analyst Egrag Crypto calls $44 target “conservative” Multiple price targets mentioned: $13, $27, $44 based on Fibonacci channels Worst case scenario sees XRP reaching $2.3 to $5.89 this bull run XRP needs to close […]

The post Surging USDT and Stablecoin Liquidity Set the Stage for Bitcoin’s October Bull Run appeared on BitcoinEthereumNews.com. The latest data from COINOTAG indicates a significant trend in the cryptocurrency market, particularly regarding stablecoins and their effect on Bitcoin prices. As of October 9, the total value of US dollar stablecoins reached an unprecedented $169 […]