Top Trader Says Bitcoin (BTC) at ‘Do-or-Die’ Level, Updates Outlook on Solana (SOL) and dogwifhat (WIF)

The post Top Trader Says Bitcoin (BTC) at ‘Do-or-Die’ Level, Updates Outlook on Solana (SOL) and dogwifhat (WIF) appeared on BitcoinEthereumNews.com. A widely followed crypto analyst says that Bitcoin (BTC) is currently sitting at a “do-or-die” level while updating his outlook on altcoins Solana (SOL) and dogwifhat (WIF). In a new strategy session, crypto strategist […]

Is the Bear Market Back? Data Says Yes

The post Is the Bear Market Back? Data Says Yes appeared on BitcoinEthereumNews.com. Research contradicts the consensus opinion that ETFs, the Bitcoin halving, and Fed policy have been driving the asset’s price action. In 2024, the consensus in crypto is that Bitcoin’s price has been influenced mostly by the emergence of Bitcoin ETFs, the protocol’s […]

Solana’s Problems Continue! New Ethereum Based Meme Coin Setting The Crypto Market On Fire!

The post Solana’s Problems Continue! New Ethereum Based Meme Coin Setting The Crypto Market On Fire! appeared on BitcoinEthereumNews.com. Solana continues to experience transaction failures, highlighting scalability challenges. Meanwhile, Raboo ($RABT)  presale token on the Ethereum ERC-20 network continues to garner attention for its smooth transactions and rapid fundraising. Currently in Stage 4 of its […]

Mexican Peso continues rallying after Sheinbaum names cabinet

The post Mexican Peso continues rallying after Sheinbaum names cabinet appeared on BitcoinEthereumNews.com. The Mexican Peso finds support after investors welcome incoming-President Sheinbaum’s cabinet picks. Marcelo Luis Ebrard Casaubón will take the Economy portfolio.  High interest rates and a low probability of an interest-rate cut in June keep the Peso supported, analysts say.  The Mexican […]

MicroStrategy Buys Nearly 12K Bitcoin (BTC) About $800 Million

The post MicroStrategy Buys Nearly 12K Bitcoin (BTC) About $800 Million appeared on BitcoinEthereumNews.com. The largest corporate holder of BTC, MicroStrategy, just added around $800 million worth of the token to its balance sheet. MicroStrategy has purchased another 11,931 BTC for about $786M at an average price of $65,883. Total Holdings: This acquisition brings MicroStrategy’s […]

ETH Remains Relatively Stable at $3.5K but Bears Target $3,000 Next (Ethereum Price Analysis)

The post ETH Remains Relatively Stable at $3.5K but Bears Target $3,000 Next (Ethereum Price Analysis) appeared on BitcoinEthereumNews.com. Ethereum’s price has failed to break above the $4,000 resistance level once more and is yet to create a new all-time high. However, the market is showing resilience compared to other coins during the current correction […]

Will XRP shorting activity serve as ‘rocket fuel’ for an explosive rally?

The post Will XRP shorting activity serve as ‘rocket fuel’ for an explosive rally? appeared on BitcoinEthereumNews.com. In the midst of recent cryptocurrency market turbulence and sell-offs, XRP Ledger (XRP), backed by Ripple Labs, is pushing to regain bullish momentum.  On-chain analytics platform Santiment has highlighted a factor that could contribute to further price increases […]

MicroStrategy Bitcoin Investments Helps Company Reach $6.33 Billion in Profit

The post MicroStrategy Bitcoin Investments Helps Company Reach $6.33 Billion in Profit appeared on BitcoinEthereumNews.com. Key Points: MicroStrategy Bitcoin investment is valued at $13.79 billion, yielding a $6.33 billion profit. The company bought 11,931 Bitcoins recently, spending over $2.4 billion on Bitcoin in 2024. Chairman Michael Saylor’s 2020 Bitcoin strategy underscores corporate faith in cryptocurrency […]

Can Chainlink surge 42% to $22 after the recent breakout?

The post Can Chainlink surge 42% to $22 after the recent breakout? appeared on BitcoinEthereumNews.com. LINK’s price declined by more than 7% in the last week.  Market indicators hinted at a few slow-moving days. After days of continued setbacks, Chainlink [LINK] finally showed signs of recovery. This was the case as the token managed to […]

American retailer Target to roll out AI chatbot in US stores by August

The post American retailer Target to roll out AI chatbot in US stores by August appeared on BitcoinEthereumNews.com. The AI chatbot, Store Companion, will be used on handheld devices, providing staff members with immediate answers to any work-related questions they may have. Retail giant Target Corporation is rolling out a new generative artificial intelligence tool […]