The post Ishares Russell ETF, IWM Elliott Wave Analysis shows bullish bias appeared on BitcoinEthereumNews.com. Hello traders. Welcome to another blog post where we discuss the application of the Elliott wave theory to trade different financial assets. In today’s post, we will discuss the IWM Elliott wave analysis. The ETF reached an all-time high in […]
$500 million to buy Bitcoin
The post $500 million to buy Bitcoin appeared on BitcoinEthereumNews.com. MicroStrategy, the company founded by Michael Saylor, has announced the intention to raise 500 million dollars to purchase more Bitcoin. MicroStrategy: Michael Saylor announces the $500 million fundraising to buy Bitcoin Michael Saylor, founder and chairman of MicroStrategy, announced that the business intelligence company is […]
Crypto market rebounds on soft CPI data
The post Crypto market rebounds on soft CPI data appeared on BitcoinEthereumNews.com. Crypto markets jumped on June 12 after U.S. CPI numbers for May came in flat, fueling expectations for promising inflation data. U.S. Consumer Price Index (CPI) data was unchanged last month, down from 0.3% in April. The year-over-year (YoY) CPI also dropped from […]
Buy At This Price, Says Analyst
The post Buy At This Price, Says Analyst appeared on BitcoinEthereumNews.com. In a technical analysis, crypto analyst Ali Martinez has identified a potential 40% breakout for Toncoin (TON), targeting an ambitious price point of $11. Martinez’s analysis, delivered through detailed chart reviews published on X, provides a robust case for TON’s impending price movement, underpinned […]
Spot Ethereum (ETH) ETFs Should Be Fully Approved by the End of the Summer, Says SEC Chair Gary Gensler
The post Spot Ethereum (ETH) ETFs Should Be Fully Approved by the End of the Summer, Says SEC Chair Gary Gensler appeared on BitcoinEthereumNews.com. The Chairman of the U.S. Securities and Exchange Commission (SEC) says that Ethereum (ETH)-based exchange-traded products (ETFs) should be approved by the regulatory agency by the end of the summer. Speaking […]
Lightspeed Newsletter: Solana begins creating blocks with new ‘scheduler’
The post Lightspeed Newsletter: Solana begins creating blocks with new ‘scheduler’ appeared on BitcoinEthereumNews.com. Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Howdy! For today’s edition, I dove into Solana’s technical inner workings, which turned my brain into a ball of magma for […]
UwU Lend faces second hack during $20M reimbursement process
The post UwU Lend faces second hack during $20M reimbursement process appeared on BitcoinEthereumNews.com. The UwU exploiter strikes again and steals $3.5 million from the lend protocol as it begins reimbursing hack victims. The UwU Lend protocol, which was hacked for nearly $20 million on June 10, is under attack again in an ongoing cryptocurrency […]
Gold recovers after release of disinflationary US “factory gate” price data
The post Gold recovers after release of disinflationary US “factory gate” price data appeared on BitcoinEthereumNews.com. Gold recovers on Thursday after the release of lower-than-expected US factory-gate price inflation data. The precious metal had retreated after the Federal Reserve’s more-sober-than-expected policy assessment. Gold spiked on Wednesday following cooler US inflation data, however, it later pulled back. XAU/USD […]
Solana (SOL) Chart Pattern Suggests Potential Massive Price Explosion to $280
The post Solana (SOL) Chart Pattern Suggests Potential Massive Price Explosion to $280 appeared on BitcoinEthereumNews.com. Market analyst Ali Martinez projects a 53% price rebound for Solana (SOL), potentially driving the asset to $280 amid a symmetrical triangle formation. The ongoing market downturn has sunk Solana by over 13% in the past week. However, the […]
Biden’s Nonsensical Proposed 30% Tax Would Kill Bitcoin Mining in the U.S.
The post Biden’s Nonsensical Proposed 30% Tax Would Kill Bitcoin Mining in the U.S. appeared on BitcoinEthereumNews.com. The egregious mining tax, implemented despite the billions of dollars invested in the sector, is part of his budget proposal for the fiscal year 2025, which aims to address environmental concerns and regulate the digital asset mining industry. […]