The post Bitfarms boosts production by 33%, increases Bitcoin holdings above 1,000 BTC appeared on BitcoinEthereumNews.com. Bitfarms said its Bitcoin production and holdings increased last month despite the rising mining difficulty, according to an Aug. 31 statement. The crypto miner revealed a 33.8% rise in Bitcoin production for July, attributed to a higher hashrate. Bitfarms […]
USDT Issuer Tether Reports Record Profits Of $5.2 Billion, Why This Is Good For Bitcoin
The post USDT Issuer Tether Reports Record Profits Of $5.2 Billion, Why This Is Good For Bitcoin appeared on BitcoinEthereumNews.com. The largest stablecoin issuer, Tether, recently disclosed a record net profit for the first half of this year. This is undoubtedly bullish for Bitcoin, considering the company’s commitment to accumulating the flagship crypto with some […]
Gold price in United Arab Emirates: Rates on August 2
The post Gold price in United Arab Emirates: Rates on August 2 appeared on BitcoinEthereumNews.com. Gold prices rose in United Arab Emirates on Friday, according to data compiled by FXStreet. The price for Gold stood at 289.79 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 288.90 it cost on Thursday. The […]
Jerome Powell: An Interest Rate Cut Might Be “On The Table” For September
Let’s examine the insights shared by our Technical Analyst at UseTheBitcoin as he walks us through his personal trading approach and observations on the crypto … Read more
XRP Price Breaks Out Of 6-Year Triangle, But Is A Rally To $1 Possible?
The XRP price has been experiencing notable movements since the last week of July, closely linked to updates about a potential settlement between the SEC and Ripple. This anticipation has significantly influenced XRP’s market performance, causing a remarkable surge in its price as it skyrocketed from $0.599 to $0.655 in just a matter of hours. […]
UTB Weekly News Roundup (JUL 29th – AUG 2nd, 2024)
Stay in the loop with our weekly crypto digest as we get you up to speed on the hottest trends and events in the crypto … Read more
PBOC Adviser urges more fiscal stimulus and consumption boost
The post PBOC Adviser urges more fiscal stimulus and consumption boost appeared on BitcoinEthereumNews.com. People’s Bank of China (PBOC) adviser Huang Yiping calls for bolder stimulus and lower inflation target. Key quotes Urge more fiscal stimulus and consumption boost. Warn of “low inflation trap” risk for Chinese economy. Suggest lowering CPI target to 2%-3% from […]
Does Monero’s Price Predictions for 2024 Make It a Standout in the World’s Best Crypto Presale?
The post Does Monero’s Price Predictions for 2024 Make It a Standout in the World’s Best Crypto Presale? appeared on BitcoinEthereumNews.com. As the cryptocurrency market continues to evolve, investors are keenly watching key players like Monero (XMR) and MoonBag (MBAG). With its focus on privacy, Monero has attracted attention for its technological advancements in user […]
Ethereum ETFs Could Surge to $10 Billion in AUM by Year’s End
The post Ethereum ETFs Could Surge to $10 Billion in AUM by Year’s End appeared on BitcoinEthereumNews.com. A Financial analyst has predicted that Ethereum ETFs are on track to amass a staggering $10 billion in assets under management (AUM) by the end of the year. Additionally,Katalin highlighted that if EtherETFs’ inflows mirror those of Bitcoin […]
Stock prices are determined in the market based on various factors
The post Stock prices are determined in the market based on various factors appeared on BitcoinEthereumNews.com. Japan’s Chief Cabinet Secretary Yoshimasa Hayashi said on Friday that “stock prices are determined in the market based on various factors such as economic conditions and corporate activities.” Additional comments Will continue to pay close attention to markets with sense […]