The post Bank of Korea Moving Towards Rate Cuts, Pushing Bitcoin Higher appeared on BitcoinEthereumNews.com. The BoK will watch the effect of the Fed’s decision on domestic markets and then decide monetary policy. However, the officials are in support of introducing rate cuts in the fourth quarter. Bitcoin might benefit from the rate cuts as […]

The post Analyst Says Bitcoin (BTC) Bull in Danger Points to End of August! appeared on BitcoinEthereumNews.com. Bitcoin (BTC) is exhibiting quite volatile movements as it struggles to hold on above $60,0000. While the market is looking for answers to questions such as “Is the direction clear for BTC?”, “Will there be another correction?”, and […]

The post Vitalik Buterin on DAO Governance and New Identity Model appeared on BitcoinEthereumNews.com. Vitalik Buterin, co-founder of Ethereum and a titan in the blockchain space, recently voiced his skepticism on the possibilities for an “anonymous society” or even some kind of douchey-speak: “A financialized pseudonymous society.” First reported by Foresight news, the statement has […]

The post TRON revenue hits new ATH, price falls despite market-wide rally appeared on BitcoinEthereumNews.com. TRON’s daily revenue reached a new all-time high while its price witnessed a quick correction after touching its 40-month-high. On Aug. 21, TRON (TRX) reached $0.165, a level not seen since April 2021. The rally was majorly triggered by the […]

The post Shiba Inu (SHIB) and Polkadot (DOT) Could Face Stiff Competition from a New Altcoin Poised To Capture a Huge Share of $450B Industry appeared on BitcoinEthereumNews.com. Groundbreaking concepts and innovation have always found their way to the top of the crypto sphere. Four years ago, it was Polkadot’s interoperability dream with a meta […]

The post Tron’s SunPump Memecoin Generator Hits $1 Million in Revenue Just 11 Days After Deployment appeared on BitcoinEthereumNews.com. SunPump crossed $1 million in revenue in 11 days since launch. The Tron blockchain is also recording massive revenues due to SunPump’s popularity. The recently launched Tron-based and Justin Sun-backed memecoin generator SunPump accrued revenues of […]

The post DOGS Crypto Trades $4M As Bitcoin Dogs Eyes Listing Day Pump appeared on BitcoinEthereumNews.com. DOGS, the Telegram gaming token gearing up for one of 2024’s biggest exchange listings, has now processed $4 million in pre-market trade volume, preparing to launch with a market cap of $550 million when it lists on Friday 23rd […]

Pepe Coin price has not been as bullish as other top-ranking cryptocurrencies because, from analysis of investor behavior, the market is divided between bearish traders and bullish long-term investors. While Pepe secured a free listing in the upcoming Hong Kong-based HashKey exchange, the asset is struggling under heavy resistance. The price of PEPE hovered around […]

The post Polygon Price Surges 14% Ahead of Its Major Network Update appeared on BitcoinEthereumNews.com. Polygon (MATIC) price, a Layer 2 scaling solution for Ethereum, has recently seen a significant uptick in its token value. Over the past week, MATIC has surged by 24%, outpacing other cryptocurrencies in the market. This rally breaks a long-standing […]

The post Target’s price cuts pay off with big beat, stock soars 16% appeared on BitcoinEthereumNews.com. Key points Target stock soared 16% on Wednesday amid impressive Q2 financial results. The firm also raised its guidance for the remainder of FY24. We examine how investors should interpret these developments. Target (NYSE: TGT) stock jolted 16% higher […]