The post Time to Buy the BNB Dip appeared on BitcoinEthereumNews.com. Binance Coin price prediction: BNB, a popular exchange token, has experienced significant volatility over the past 24-hour period, following a bearish trend. The token trades in a descending triangle pattern, which indicates potential further losses if support levels are breached. As of the reporting […]
Federal Reserve Forecasts “AI Will Be Deflationary” To Boost Economy
The United States Federal Reserve have reasons to believe that Artificial Intelligence (AI) may lead to deflation, a sentiment that may trigger a boost in the economy. Using AI to Boost U.S. Economy During the recently held Federal Open Market Committee (FOMC) meeting, policy makers considered factors that could lead to disinflation in the future. […]
USD/CAD tumbles below 1.3650 on weak US private labor demand and Services PMI
The post USD/CAD tumbles below 1.3650 on weak US private labor demand and Services PMI appeared on BitcoinEthereumNews.com. USD/CAD declines to near 1.3620 as the US Dollar weakens after poor US data. US private labor demand remained slowed and the Services PMI contracted in June. Investors await the US/Canada official Employment data for June. The […]
Lido sees around 100k increase in staked Ethereum amid SEC scrutiny
The post Lido sees around 100k increase in staked Ethereum amid SEC scrutiny appeared on BitcoinEthereumNews.com. Lido has reported a rise in staked Ethereum on its platform despite the US Securities and Exchange Commission (SEC) classifying its staking programs as securities in its lawsuit against Consensys. Staked Ethereum increase A July 2 report showed that […]
US Bitcoin ETFs Record Modest Losses With $13.62M Outflows on Tuesday
The post US Bitcoin ETFs Record Modest Losses With $13.62M Outflows on Tuesday appeared on BitcoinEthereumNews.com. U.S. spot bitcoin exchange-traded funds experienced slight losses on Tuesday, with $13.62 million in outflows recorded. Grayscale’s GBTC was the primary contributor, losing $31.38 million during the trading sessions. Blackrock’s IBIT Secures Top Spot With $14.12M Inflows Amidst ETF […]
Nancy Pelosi just updated her stock portfolio: Here’s what she bought
The post Nancy Pelosi just updated her stock portfolio: Here’s what she bought appeared on BitcoinEthereumNews.com. Thanks to her general prominence – largely due to her role as the former Speaker – and her stock investments, investments many consider just a little bit too successful, Nancy Pelosi has become the poster child for suspicious congressional […]
Sentient Raises $85 Million Co-Led by Peter Thiel’s Founders Fund to Accelerate Open AI Development
The post Sentient Raises $85 Million Co-Led by Peter Thiel’s Founders Fund to Accelerate Open AI Development appeared on BitcoinEthereumNews.com. With the once-distant advent of artificial general intelligence (AGI) and the singularity suddenly years instead of decades away, artificial intelligence developer Sentient believes now is the time to establish a “new form of property rights”—and […]
Ethereum (ETH) Leads Blockchain Fee Revenue with $2.728 Billion
TL;DR Ethereum has consolidated itself as the undisputed leader in fee revenue, reporting a total of $2.728 billion. Bitcoin closely follows with fee revenue of $1.302 billion, thanks to its robust security model and function as a store of value. Tron, Solana, and Binance Smart Chain are the main contenders in the competition for revenue. […]
Pixelverse Introduces Leading Memecoin Mew to the Telegram Ecosystem
The post Pixelverse Introduces Leading Memecoin Mew to the Telegram Ecosystem appeared on BitcoinEthereumNews.com. Seoul, South Korea, July 3rd, 2024, Chainwire Web3 gaming ecosystem Pixelverse has announced the addition of Mew, a leading Solana-based catcoin, to its real-time PvP games. The integration brings Mew to a new audience within the Telegram ecosystem. As one of […]
Market Fluctuations Take Uniswap Exits Near Weekly Double-Digits
UNI, the native token of the decentralized crypto exchange Uniswap is down alongside the other coins. The crypto market has declined again after a slight recovery at the start of the month. Digital assets continue a downward trajectory that saw losses last month reducing the overall sentiments in altcoins. UNI price soared this year against […]