The post Is Cardano poised for a 20% rally? Charting ADA’s rise to $0.445 appeared on BitcoinEthereumNews.com. contributor Posted: September 20, 2024 ADA’s Long/Short Ratio stood at the 1.034 level, indicating bullish market sentiment among traders.  ADA’s Futures Open Interest increased by 8.5% and continued to rise steadily. In this ongoing market reversal, Cardano [ADA] […]

The post Altcoin Market Cap Climbs Above $600 Billion: Is This the Bottom? appeared on BitcoinEthereumNews.com. Altcoin prices hit key lows, forming a demand zone as sellers lose momentum.   Low trading volume and thin supply create conditions for rapid upward price movements.   Short squeezes and momentum-driven buying can fuel powerful altcoin price rallies.   Altcoins have […]

The post Why Using a Hashrate Marketplace Makes More Sense Than Mining Crypto Directly appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Although Proof-of-Stake (PoS) has gradually become the most prevalent consensus mechanism in blockchain, mining – the process used in Proof-of-Work (PoW) systems like Bitcoin – remains a popular and profitable endeavor. In March, when the […]

The post Sky expands native tokens to Solana with Wormhole NTT appeared on BitcoinEthereumNews.com. Sky, a decentralized finance protocol rebranded from MakerDAO, is set to utilize Wormhole’s technology to bring its native tokens to Solana, enhancing its multichain capabilities. Wormhole (W)’s native token transfer framework, or NTT, allows for seamless cross-blockchain transfers of native tokens […]

TL;DR Muneeb, founder of Stacks, announced the arrival of sBTC, a synthetic Bitcoin, on the Solana blockchain. The integration of sBTC will combine the security of Bitcoin with the speed and efficiency of SOL. sBTC will allow faster Bitcoin transactions in decentralized applications, which could attract more users and developers to SOL. During the Solana […]

The post Cardano Price Rallied 166% In Q4 2023, Will History Repeat? appeared on BitcoinEthereumNews.com. Cardano (ADA) price has been on a downtrend since March 2024. Since then, ADA has shed nearly 66%, but the outlook might be starting to change for this Ethereum-killer with the recent comeback in Bitcoin (BTC) price. Is Cardano Price […]

The post Franklin Templeton, Citigroup turn to Solana for next-gen financial services appeared on BitcoinEthereumNews.com. Global financial giants Franklin Templeton and Citigroup have announced have announced plans to adopt the Solana blockchain for their upcoming financial services. Franklin Templeton, a $1.4 trillion asset manager, plans to launch a mutual fund natively on Solana, while Wallstreet […]

The post Cathedra Bitcoin Announces Non-Brokered LIFE Offering to Purchase BTC appeared on BitcoinEthereumNews.com. Cathedra Bitcoin Inc. has unveiled a non-brokered private placement aimed at raising up to C$2.5 million ($1.85 million). The funds will be used for bitcoin purchases, infrastructure expansion, and general corporate needs. Cathedra Bitcoin’s Bold Private Raise Cathedra (TSX-V: CBIT; OTC: […]

The post Ripple CLO Spotlights 4 Takeaways from Testimony Against SEC appeared on BitcoinEthereumNews.com. Ripple CLO Stuart Alderoty has weighed in on a testimony before the U.S. House Financial Services Committee on September 18, 2024, by Lee Reiners. The lecturer at Duke University, critiqued the crypto industry and supported the U.S. Securities and Exchange Commission’s […]

The post Bitcoin ETFs record $150 million inflow amid price rebound appeared on BitcoinEthereumNews.com. Bitcoin price dipped to a daily low of $62,586 after briefly touching the $64,000 mark for the first time this month. According to CryptoSlate data, the flagship digital asset has since recovered the dip and was trading at $63,127 as of […]