On 18th June, we reported that the Nasdaq 100 (US Tech 100 mini on FXOpen) market had recorded a historic high by surpassing the psychological level of 20,000. At that time, we pointed to the upper line of the ascending channel (shown in green), which has been in place since 19th April, as a potential […]
ECB Unveils Key Features in First CBDC Progress Report
The post ECB Unveils Key Features in First CBDC Progress Report appeared on BitcoinEthereumNews.com. In its inaugural progress report on the development of a Central Bank Digital Currency (CBDC), the European Central Bank (ECB) has detailed significant privacy safeguards and operational capabilities aimed at modernizing financial transactions. Released on June 24, this comprehensive report offers […]
‘Phantom debt’ crisis looms over U.S. economy
The post ‘Phantom debt’ crisis looms over U.S. economy appeared on BitcoinEthereumNews.com. Buy Now, Pay Later (BNPL) is a popular way to spread the cost of a purchase over several installments, usually four, at 0% interest, making it an attractive option for many. Between 2019 and 2021, the number of BNPL loans increased by nearly […]
The Future of Crypto with 30,000x ROI Potential Amidst Market Turbulence
The post The Future of Crypto with 30,000x ROI Potential Amidst Market Turbulence appeared on BitcoinEthereumNews.com. In the fast-paced world of cryptocurrency, where volatility is the norm, investors are always on the lookout for opportunities with the potential for massive returns. Polkadot (DOT) and Bitcoin Cash (BCH) have faced recent market turbulence, leaving many investors […]
Promontory Technologies Goes Live for External/LP Investors
Road Town, British Virgin Islands, 25th June 2024, Chainwire
Nvidia stock plummets 13%, what’s next for NVDA?
The post Nvidia stock plummets 13%, what’s next for NVDA? appeared on BitcoinEthereumNews.com. After an impressive run that has seen Nvidia (NASDAQ: NVDA) stock reach all-time highs and drastically expand its market cap to become the largest company in the world, the last few trading sessions were the worst in the previous four years. They […]
Bitcoin Is “Least Bullish Since September 2023,” CryptoQuant Head Says
Based on on-chain data, the Head of Research at the analytics firm CryptoQuant has explained how Bitcoin has been looking less bullish recently. Bitcoin Bull-Bear Market Cycle Indicator Has Seen A Decline Recently In a new post on X, CryptoQuant Head of Research Julio Moreno shared what the latest trend in the Bitcoin Bull-Bear Market […]
Bitcoin’s supply in profit drops to 80% as post-halving effects take hold
The post Bitcoin’s supply in profit drops to 80% as post-halving effects take hold appeared on BitcoinEthereumNews.com. Onchain Highlights DEFINITION: The percentage of circulating supply in profit, i.e. the percentage of existing coins whose price at the time they last moved was lower than the current price. Bitcoin’s percentage supply in profit reflects dynamic market […]
Top Meme Coins Signal 2x Surge In July
The post Top Meme Coins Signal 2x Surge In July appeared on BitcoinEthereumNews.com. Despite Bitcoin trading at $60K levels and Ethereum stuck near $3,300, the meme coins are trending and offer a massive jump. With the top meme coins making a comeback this week, these community and hype-driven coins prepare for a breakout rally. Following […]
Canada annual inflation expected to rise by 2.6% in May
The post Canada annual inflation expected to rise by 2.6% in May appeared on BitcoinEthereumNews.com. The Canadian Consumer Price Index is set to rise 2.6% YoY in May after April’s 2.7% increase. Canada’s CPI inflation data will likely impact the timing of the next Bank of Canada interest rate cut. Statistics Canada will publish the […]