The post Bitcoin Price Fluctuates as Fed Keeps Interest Rates Steady: Analysis & Market Outlook appeared on BitcoinEthereumNews.com. The global financial markets were eagerly awaiting the Consumer Price Index (CPI) figures and interest rate decisions from the U.S. Contrary to widespread market projections, the U.S. Federal Reserve decided to maintain the interest rate at its […]

The post Bitwise Analysis: AI and Crypto Fusion Poised to Elevate Global Economy by $20 Trillion appeared on BitcoinEthereumNews.com. Bitwise’s Senior Crypto Research Analyst, Juan Leon, predicts a transformative impact on the global economy as artificial intelligence (AI) and cryptocurrency converge, potentially adding $20 trillion to the global Gross Domestic Product (GDP) by 2030. AI […]

The post Moscow stock exchange ceases trading in dollar and euro appeared on BitcoinEthereumNews.com. Russia’s stock exchange, the Moscow Exchange (MOEX), has stopped all trading in US dollars and euros. The decision follows a new round of sanctions imposed by the US Treasury Department on Russia. The exchange also confirmed that share trading and money […]

The post SushiSwap Creates Sushi Labs Council and Multi-Token Model appeared on BitcoinEthereumNews.com. Sushi Labs will “drive fast-to-market” product implementations. Decentralized exchange SushiSwap is introducing a “multi-token” model and creating a new “council structure” dubbed Sushi Labs, to operate alongside the protocol’s decentralized autonomous organization (DAO). The new organization will be an autonomous administrative firm […]

The post Ava Protocol Secures $10 Million in Seed+ Funding for Web3 Automation appeared on BitcoinEthereumNews.com. TLDR Ava Protocol, a Web3 automation platform, has raised $10 million in Seed+ funding. The funding round included an initial $5.5 million round followed by an additional $4.5 million in Seed+ funding. Notable investors in the Seed+ round include […]

The post Ripple Plans Pivot of XRPL EVM Sidechain from XLS38D to Axelar Bridge This Year appeared on BitcoinEthereumNews.com. Ripple has revealed a major pivot for the XRPL EVM Sidechain, opting to transition from the originally planned XLS38D bridge to the Axelar bridge. XRPL EVM Sidechain to Launch This Year This transition aligns with the […]

The post Could Double-Digit Gains Be in Store for Bitcoin and Altcoins? Top analyst says ‘strong bounce’ is expected tonight appeared on BitcoinEthereumNews.com. On Crypto Banter’s The Sniper Trading Show, the analyst brought to attention how the last four FOMC dates have coincided with temporary bottoms for Bitcoin. It’s intriguing to observe this pattern, as […]

The post Federal Reserve holds interest rates steady at 5.25%, pauses hikes appeared on BitcoinEthereumNews.com. On Wednesday, the Federal Reserve decided to keep its key interest rate unchanged at 5.25%. This pause follows a recent uptick in inflation earlier in 2024. Markets were hoping for two rate cuts, but the Fed scaled back to just […]

The post BlockDAG’s Mobile Mining Awe With Newest X1 Miner App Beta, TON And Cardano’s Gains & Shifts appeared on BitcoinEthereumNews.com. The cryptocurrency market is abuzz with excitement, sparked by a promising Ton price prediction for June, notable moves by Cardano whales, and BlockDAG’s groundbreaking advancements. The latest Ton price prediction suggests potential growth, offering […]

The post Ripple (XRP) Launches Fund to Boost Innovation on XRP Ledger in Japan and Korea appeared on BitcoinEthereumNews.com. Ripple (XRP) Unveils XRPL Japan and Korea Fund Ripple has announced the launch of the XRPL Japan and Korea Fund, aimed at fostering innovation on the XRP Ledger (XRPL) in Japan and Korea. According to Ripple, […]