Whales Capitalize on Ethereum Price Dip, Profiting $1.56 Million

The post Whales Capitalize on Ethereum Price Dip, Profiting $1.56 Million appeared on BitcoinEthereumNews.com. Two seasoned Ethereum traders have successfully navigated the market after the latest Ethereum price drop, continuing their impressive track record. The whale associated with the wallet address 0xe0b5 has strategically executed eight swing trades since August 12, consistently buying Ethereum at […]

Pepe analysis: Is now the time to hold or sell amid recent rally?

The post Pepe analysis: Is now the time to hold or sell amid recent rally? appeared on BitcoinEthereumNews.com. The strong momentum and buying pressure should eventually force PEPE past the July highs. In/out of the money data showed that this resistance zone was particularly strong. Pepe [PEPE] was one of the dozens of popular altcoins […]

Trader Says Ethereum Rival One of His ‘Highest Conviction’ Trades, Forecasts Major Catch-Up on Bullish Catalyst

The post Trader Says Ethereum Rival One of His ‘Highest Conviction’ Trades, Forecasts Major Catch-Up on Bullish Catalyst appeared on BitcoinEthereumNews.com. A closely followed analyst believes that one Ethereum (ETH) challenger is gearing up to spark massive rallies and play catch-up with other high-flying crypto assets. In a video update, pseudonymous analyst Rager tells his […]

Turkey’s Second-Largest Bank Adds XRP Support as Analyst Predicts 10,000% Surge

The post Turkey’s Second-Largest Bank Adds XRP Support as Analyst Predicts 10,000% Surge appeared on BitcoinEthereumNews.com. Turkish bank Garanti BBVA, the country’s second-largest, has expanded its cryptocurrency offerings by integrating Ripple’s XRP and Arbitrum (ARB) into its mobile app. The bank’s decision to add XRP was driven by customer feedback, and it aims to further […]

Central bank should cut US interest rates ‘gradually

The post Central bank should cut US interest rates ‘gradually appeared on BitcoinEthereumNews.com. St Louis Federal Reserve (Fed) President Alberto Musalem said on Friday that the Fed should revert to cutting interest rates “gradually”, after a larger than usual half-point reduction in the September meeting, per Financial Times. Key quotes  “For me, it’s about easing […]

Bitcoin Cloud Mining Showdown 2024: Ranking the Top 7 Crypto Platforms by Support, Fees, and User Experience

The post Bitcoin Cloud Mining Showdown 2024: Ranking the Top 7 Crypto Platforms by Support, Fees, and User Experience appeared on BitcoinEthereumNews.com. Bitcoin cloud mining in 2024 has become an attractive option for many looking to invest in cryptocurrency without the hefty price tag of hardware. With numerous platforms available, it’s crucial to understand their […]

Here’s why FTX repayment won’t happen tomorrow

The post Here’s why FTX repayment won’t happen tomorrow appeared on BitcoinEthereumNews.com. Despite social media rumours suggesting an FTX reimbursement by September 30, customers will have to wait an additional week for any updates on repayments. Before FTX can disburse any creditor funds, the court will have to approve its wind-down plan, with the next […]

AUD/USD holds positive ground above 0.6900 ahead of Chinese PMI data

The post AUD/USD holds positive ground above 0.6900 ahead of Chinese PMI data appeared on BitcoinEthereumNews.com. AUD/USD trades in positive territory for the third consecutive day near 0.6910 in Monday’s early Asian session.  US headline PCE rose less than expected in August.  China’s stimulus measures and the hawkish stance of the RBA underpin the Aussie.  […]

Meta’s Stock Soars Amid AI Focus as Zuckerberg Unveils New AR Glasses

The post Meta’s Stock Soars Amid AI Focus as Zuckerberg Unveils New AR Glasses appeared on BitcoinEthereumNews.com. Tech giant Meta’s current market capitalization surpasses $1.4 trillion, positioning it as a global leader in market value. Mark Zuckerberg, Meta’s CEO, currently holds the title of the fourth-wealthiest billionaire globally, with a net worth of $201 billion. […]

Ethereum gas fees surge as on-chain activity hits new highs – What now?

The post Ethereum gas fees surge as on-chain activity hits new highs – What now? appeared on BitcoinEthereumNews.com. Ethereum on-chain activity reaches new highs. Ethereum sees an increase in involvement of traders on DEX. Ethereum [ETH], the leading blockchain for smart contracts, is seeing an increase in on-chain activity. This rise is driving higher transaction […]