The post Is Bitcoin Set to Cross the $70K Mark Soon? appeared on BitcoinEthereumNews.com. Bitcoin has surged to $65K after dipping to $49K this month. Resistance at $67,300 could lead Bitcoin toward $80,500 if surpassed. $49,000 earlier this month. Over the past week, the cryptocurrency has surged by 9%, with a notable boost on August […]

The post Bitcoin Reaches $65,000 Before Dropping appeared on BitcoinEthereumNews.com. Bitcoin‘s price briefly tested the $65,000 mark before dipping below $64,000, yet the market outlook remains optimistic. The cryptocurrency market is entering a new phase with several underlying issues resolved, potentially driving up demand and prices for altcoins in the final quarter. Cryptocurrency Commentary In […]

The post LTH Selling Pushes 24% of Supply Into Loss appeared on BitcoinEthereumNews.com. Toncoin’s (TON) price fell through the uptrend line over the weekend as the Telegram token witnessed selling. Perpetrated by long-term holders, the drawdown led to billions of dollars worth of TON turning towards losses. Key Toncoin Holders Offload Toncoin’s price suffered from […]

The post Tron Achieves Record Revenue Dominating Ethereum and Solana; Investors Eyeing Up This Revenue Sharing Altcoin appeared on BitcoinEthereumNews.com. It’s a new lease on life for Tron! Justin Sun reintroduced the meme culture on Tron, and it’s been a story of glory to glory. And now, Tron blazed past Solana and Ethereum after clinching […]

The post Why Bitcoin Miners Are Attracting Institutional Investors with AI Potential and Bull Market Gains appeared on BitcoinEthereumNews.com. Institutional interest in Bitcoin mining companies is soaring, driven by their potential for artificial intelligence applications. Recent analyses suggest that investors could inadvertently benefit from surging cryptocurrency markets while pursuing AI opportunities. According to a recent […]

The post This Metaverse Altcoin Made a Burn Announcement, Its Price Jumped! appeared on BitcoinEthereumNews.com. A closing announcement came from ALTAVA, the fashion metaverse platform. ALTAVA stated in a post from its X account that they are preparing to burn 10% of the total TAVA supply by the end of August. In the cryptocurrency industry, […]

The post Bitcoin sees $543 million in inflows after Powell’s dovish remarks appeared on BitcoinEthereumNews.com. According to CoinShares’ latest weekly fund flow report, crypto investment products saw their largest inflows in five weeks, with $533 million pouring into the sector. James Butterfill, head of research at CoinShares, explained that these inflows followed remarks by US […]

The post Chainlink (LINK) Price Eyes for a 20% Rise After the Latest Rebound appeared on BitcoinEthereumNews.com. While the crypto markets have become more volatile in recent times, the prices of the majority of the tokens are showing immense strength. One of them is Chainlink, which seems to be preparing for a fresh price action. […]

The post A chance for the Dollar to bounce back appeared on BitcoinEthereumNews.com. Current situation The Dollar Index closed last week at 100.55, its lowest level since July 2023. It has not been consistently below this level since April 2022. Technical analysis Although the change of monetary regime in the US is of fundamental importance, […]

The post Can Solana (SOL) Rebound After Selling Halts Its Uptrend? appeared on BitcoinEthereumNews.com. Solana’s (SOL) price has been an institutional favorite for the last couple of months, but this is changing again. As Q3 approaches its end, the outflows of large wallet holders, along with the declining strength, are killing the uptrend. Solana Is […]