The post Investors look at Jackson Hole and rate cut bets appeared on BitcoinEthereumNews.com. The loss of impetus in the risk-associated universe allowed the US Dollar to rebound from Wednesday’s 2024 peaks on Thursday, helped by the equally decent bounce in US yields, all prior to the speech by Fed’s Powell at Jackson Hole. Here […]
Bitcoin Open Interest Surges $1.26B as Fed Rate Cut Speculation Grows
The post Bitcoin Open Interest Surges $1.26B as Fed Rate Cut Speculation Grows appeared on BitcoinEthereumNews.com. The open interest in Bitcoin futures reached $31.92 billion on August 22. The OI is the sum of all unsettled derivative contracts, including futures and options. Some have taken the release of the US Federal Reserve’s meeting minutes from […]
Can Polygon Token Hit $100?
The post Can Polygon Token Hit $100? appeared on BitcoinEthereumNews.com. Story Highlights The live price of the Polygon coin is $ 0.53264894. The MATIC price could reach a maximum of $1 in 2024. Polygon price with a potential surge, may reach a high of $9.08 by 2030. The Layer-2 altcoins have recorded a strong bullish recovery […]
Low Ethereum gas fees could drive $1.6 billion supply growth
The post Low Ethereum gas fees could drive $1.6 billion supply growth appeared on BitcoinEthereumNews.com. Pseudonymous crypto analyst Ember CN has said the drop in Ethereum gas fees could increase its annual supply by almost $1.6 billion. This comes in light of the gradual increase in ETH supply in recent months and the concerns about […]
Trump family unveils new DeFi platform that aims to disrupt ‘big banks’
The post Trump family unveils new DeFi platform that aims to disrupt ‘big banks’ appeared on BitcoinEthereumNews.com. Former President Donald Trump announced the upcoming launch of the Trump Organization’s new crypto platform — dubbed “The DeFiant Ones” — on Aug. 22. Trump made the announcement via a post on Truth Social and hinted that the […]
Binance Futures Adjusts Leverage and Margin Tiers for Multiple Perpetual Contracts
The post Binance Futures Adjusts Leverage and Margin Tiers for Multiple Perpetual Contracts appeared on BitcoinEthereumNews.com. Darius Baruo Aug 22, 2024 14:15 Binance Futures updates leverage and margin tiers for SOLUSDT, 1000PEPEUSDT, CRVUSDT, WIFUSDT, 1000SATSUSDT, and DOGEUSDT perpetual contracts. Binance Futures has announced updates to the leverage and margin tiers for several USDⓈ-M perpetual contracts, […]
FDA approves Pfizer, Moderna updated KP.2 shots
The post FDA approves Pfizer, Moderna updated KP.2 shots appeared on BitcoinEthereumNews.com. Pfizer COVID-19 vaccine. Courtesy: Pfizer The Food and Drug Administration on Thursday approved updated Covid vaccines from Pfizer and Moderna, putting the new shots on track to reach most Americans in the coming days amid a summer surge of the virus. The jabs […]
Ripple USD (RLUSD) Minting Resumes: XRP Ledger Beta Test Advances Stablecoin Launch
The post Ripple USD (RLUSD) Minting Resumes: XRP Ledger Beta Test Advances Stablecoin Launch appeared on BitcoinEthereumNews.com. Ripple has resumed the minting of its stablecoin, Ripple USD (RLUSD), marking a significant step in its blockchain initiatives. The reintroduction of RLUSD comes as the company seeks to expand its offerings, particularly in the fast-evolving stablecoin market. […]
The Convergence of Bitcoin and NASDAQ: What Does it Mean?
The post The Convergence of Bitcoin and NASDAQ: What Does it Mean? appeared on BitcoinEthereumNews.com. Bitcoin’s YTD returns hit 34%, narrowing its lead over NASDAQ’s 20% gain. Both assets faced similar market pressures, leading to a recent decline. Bitcoin trades at $60,846, slightly above its 200-day SMA, after a 2% rally. The NASDAQ 100 has […]
Solana Price Analysis: SOL Struggles Under $150, What’s Next?
Solana(SOL) price has been experiencing a horizontal market trend with modest gains recently. Over the last several days, its price has shown some fluctuations. Similar to other cryptocurrencies, Solana has witnessed a slight market rebound, signaling a potential upturn in investor sentiment. Solana Price Whales Transfer 8M Tokens: Is SOL Poised for Breakout? The latest […]