Ethereum price has been struggling with its price despite most of the crypto market managing losses. ETH price dropped 40% between May and August despite a spot Ethereum ETF launching in June. Adding to this challenge, Metalpha’s $90M ETH sale has further pressured the price. This ongoing weakness suggests there may be deeper underlying issues […]

The post OpenAI launches next gen LLM model o1 using reasoning tokens to plan outputs appeared on BitcoinEthereumNews.com. OpenAI has released a new series of AI models called OpenAI o1, designed to enhance reasoning capabilities for solving complex problems. The o1-preview and o1-mini models aim to spend more time thinking through problems before generating responses, […]

The post FTX/Alameda Moves 231 BTC, Sending 200 BTC to Coinbase appeared on BitcoinEthereumNews.com. A wallet linked to Alameda Research has transferred a large amount of Bitcoin, as reported by blockchain security firm PeckShieldAlert.  Approximately 231.4 BTC, valued at $13.5 million, was moved in the past few hours, with 200 BTC of it being sent […]

The post US SEC Amends Original Complaint Against Binance appeared on BitcoinEthereumNews.com. In the latest development in the U.S. SEC lawsuit against Binance, Binance.US, and co-founder Changpeng Zhao, the government agency requested the court to amend its complaint. The filing came in response to a district court order denying crypto exchange Kraken’s motion to dismiss […]

The post US Dollar slides as markets reassess odds of large Fed rate cut appeared on BitcoinEthereumNews.com. Here is what you need to know on Friday, September 13: Following the bullish action seen in the first half of the week, the US Dollar (USD) Index turned south on Thursday and erased all of its weekly […]

The post U.S. Treasury Sanctions Cambodian Tycoon Ly Yong Phat for Cryptocurrency Fraud and Human Trafficking Abuses appeared on BitcoinEthereumNews.com. The U.S. Department of the Treasury has imposed sanctions on a Cambodian tycoon and associated businesses due to their involvement in human trafficking and forced labor linked to cryptocurrency scams. The authorities have identified Ly […]

The post The Next Hamster Kombat? Earn Alliance Launches Magic Muffins on Telegram appeared on BitcoinEthereumNews.com. TLDR: Earn Alliance launched Magic Muffins, a multi-character combat game on Telegram Players can create and customize a team of 5 muffin characters The soft launch attracted over 5,200 players with 10-minute average sessions 1.3 million in-game gold and […]

The post We are not committed to any predetermined rate path appeared on BitcoinEthereumNews.com. European Central Bank (ECB) Governing Council member Bostjan Vasle said on Friday that “we are not committed to any predetermined rate path.” “Inflation to be largely steered by core and services,” he added. Market reaction EUR/USD was last seen trading at 1.1077, unmmoved […]

The post BlockDAG TG Tap Miner Thrives as Ethereum Dips and Notcoin Rebounds appeared on BitcoinEthereumNews.com. Amid a significant downturn in Ethereum’s market value, triggered by one of its largest holders offloading over 55,000 ETH, the crypto community has been left reeling from the resultant market volatility.  Concurrently, Notcoin is experiencing a resurgence in interest. […]

The post Stellar Network Implements Hypernative for Enhanced Security and Real-Time Threat Protection appeared on BitcoinEthereumNews.com. Stellar has partnered with Hypernative to improve its network security and protect against hacks. Projects building on Stellar will benefit from real-time monitoring, risk management, and incident response tools. Stellar, a blockchain designed for global financial services, has partnered […]