The post Ethereum Rally Expected as Spot ETFs Launch, Analyst Predicts appeared on BitcoinEthereumNews.com. Michaël van de Poppe expresses bullish outlook on Ethereum amid dip. He anticipates a possible surge with the upcoming trading of ETH ETF. Analysts Mags and Yoddha forecast Ethereum reaching a peak of around $15,000 this season. Analyst Michaël van de […]

The post Cardano and MultiversX Attend Launch Of Web3 Initiative In Geneva With Launch of Lightningbox appeared on BitcoinEthereumNews.com. Blockchain services provider STORM Partners made a major announcement during the Web3Fest, accompanied by Cardano (ADA), MultiversX, and other major projects in the crypto space. During the event in Switzerland’s “Crypto Valley,” the company unveiled “Lightningbox,” […]

The post Potential bullish hammer to give spot a lift – Scotiabank appeared on BitcoinEthereumNews.com. Election-related concerns are extending pressure on French assets, and markets are likely to play defensively. This will keep the Euro (EUR) on the back foot, says Shaun Osborne, chief FX strategist at Scotiabank. Move above 1.0725 to push the Euro higher “Election […]

The post IOTA Foundation’s Web3 solution chosen for EU Blockchain Sandbox initiative appeared on BitcoinEthereumNews.com. The IOTA Foundation, in collaboration with its partners, has developed a Web3 Identification Solution that has been chosen for inclusion in the European Blockchain Sandbox. Per a June 13 blog post, The IOTA Foundation, in partnership with wait.id, IDnow, Bloom […]

The post Bitfarms expands into Pennsylvania amid Riot’s growing stake appeared on BitcoinEthereumNews.com. Bitfarms announces U.S. expansion in Pennsylvania, while Riot Platforms increases its ownership stake in the company to 14%. Bitcoin mining company Bitfarms announced its expansion into the United States on June 14, establishing a new site in Sharon, Pennsylvania. According to the firm’s […]

The post Bank of England set to lay groundwork for an August cut – Danske Bank appeared on BitcoinEthereumNews.com. The Bank of England (BoE) will keep the Bank Rate unchanged at 5.25% and the first 25-basis-point cut isn’t expected until August, says Kirstine Kundby-Nielsen, FX analyst at Danske Bank. BoE expected to cut rate in August […]

The post Binance ‘hopeful’ all charges against Tigran Gambaryan will be dropped appeared on BitcoinEthereumNews.com. The tax charges brought by the Nigerian government against Binance executives Tigran Gambaryan and Nadeem Anjarwalla were dropped Friday, a family spokesperson told Blockworks.  Gambaryan continues to be detained in a Nigerian prison on other charges of money laundering. Anjarwalla […]

The post the impact of the decisions of the Fed and the BCE on Bitcoin appeared on BitcoinEthereumNews.com. 21Shares, the first issuer in the world of ETP on cryptocurrencies, has conducted an in-depth analysis on the consequences of the recent decisions of the Federal Reserve (Fed) and the European Central Bank (ECB) on the cryptocurrency […]

NVIDIA has introduced Nemotron-4 340B, a new suite of models designed to enhance the creation of synthetic data for training large language models (LLMs). This development seeks to affect many sectors since it will offer powerful and scalable platforms for the training of AI models. NVIDIA Launches New Tools for LLM NVIDIA has unveiled Nemotron-4 […]

The post Bitcoin Price Loses $5,000, Meme Coins Take a Hit as Market Downturn Amplifies: This Week’s Crypto Recap appeared on BitcoinEthereumNews.com. The cryptocurrency market experienced a sharp decline during the evening of last Friday. Bitcoin’s price crashed below $70K, prompting a considerable market sell-off. The total capitalization is down by about $100 billion in […]