The post CFTC Commissioner states cryptocurrency ‘is no longer a fad’ amid market uncertainty appeared on BitcoinEthereumNews.com. In light of Bitcoin’s recent surge above the $35,000 mark, Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger stated that the cryptocurrency market has evolved and is no longer a fad. This declaration came during a conversation on […]
SHIB Breaks Bearish Trend and May Flip a Key Resistance Soon
The post SHIB Breaks Bearish Trend and May Flip a Key Resistance Soon appeared on BitcoinEthereumNews.com. At press time, SHIB was attempting to challenge the $0.00000755 resistance level. SHIB was able to break above a medium-term negative trend line that had formed on its daily chart. SHIB’s price followed the rest of the cryptocurrency market […]
Bitcoin Price Reached Year High Level. Will Ripple (XRP), Ethereum (ETH) and Monero (XMR) Follow Their Leader In This Trend?
The post Bitcoin Price Reached Year High Level. Will Ripple (XRP), Ethereum (ETH) and Monero (XMR) Follow Their Leader In This Trend? appeared on BitcoinEthereumNews.com. Table of Contents The cryptocurrency market is currently experiencing a wave of enthusiasm, primarily driven by the speculation surrounding the potential approval of a Bitcoin exchange-traded fund (ETF). Bitcoin, the […]
Solana Introduces Limited-Time Offer Zero Fees for Asset Transfers from MetaMask
Solana has introduced a limited-time offer for users seeking to transfer assets from their Metamask wallet, reducing the associated fees to 0%. This fee reduction is made possible through a collaboration between the layer 1 blockchain, DeBridgeFinance, and the Solana-based wallet – Solflare. According to the official announcement, whenever a MetaMask wallet is connected to […]
Blockchain’s Tokenization is Revolutionizing Across Industries
The post Blockchain’s Tokenization is Revolutionizing Across Industries appeared on BitcoinEthereumNews.com. Blockchain technology has brought about revolutionary changes, central to which is tokenization. This transformational tool redefines how assets are valued, traded, and perceived, but it also brings various challenges. This report delves deep into the intricacies of tokenization, its manifold benefits, potential risks, and […]
Bitcoiner Eric Wall points out Bitcoin’s price is ‘fire sale’
The post Bitcoiner Eric Wall points out Bitcoin’s price is ‘fire sale’ appeared on BitcoinEthereumNews.com. The prices of top cryptocurrencies like Bitcoin have been fluctuating wildly in recent months. However, Eric Wall believes BTC is currently undervalued. As pointed out by developer Eric Wall, the Bitcoin Rainbow indicator suggests the cryptocurrency is now in the […]
Cathie Wood’s Ark Invest Dumps Coinbase and GBTC Shares Amid Market Revival
The post Cathie Wood’s Ark Invest Dumps Coinbase and GBTC Shares Amid Market Revival appeared on BitcoinEthereumNews.com. On Oct. 23, Ark Invest reduced its crypto-related holdings, shedding 42,613 shares of Coinbase and a substantial 100,739 shares of the Grayscale Bitcoin Trust (GBTC). The move was executed amid a Bitcoin-led crypto rally that has captured the […]
U.S. Senators Set in Motion Bipartisan Proof-of-Reserves Bill
Two U.S. senators from opposite sides of the aisle have introduced a bill that they say will establish safeguards against another FTX-type collapse. The Proving Reserves of Others Funds (PROOF) Act is the brainchild of Sens. Thom Tillis (R-NC) and John Hickenlooper (D-CO), who shared a draft of the legislation on Friday. The legislation intends […]
This Pattern Points To $10,000+ Ethereum Price, But When?
This week, Bitcoin and other altcoins livened up the crypto market, potentially lifting up Ethereum price and saving it from further collapse. With ETH now moving away from the bottom trend line of a massive long-term price pattern, the next possible target is the upper trend line of the same pattern. That target points to […]
$116,000,000 Gains Missed by US Government by Selling Bitcoin Trove in March
A push to sell thousands of Bitcoin on the open market is costing the US government some serious gains. Back in March, the government sold 9,861 BTC worth about $216 million at the time. Flash-forward to today, just seven months later, that BTC is now worth $332 million – a difference of $116 million. The […]