Despite the recent price decline, SOL’s positive funding rate suggests that long traders dominate its futures market.
Ethereum Price Dips, Then Rips: Exciting Trading Opportunities Ahead
Ethereum price dipped sharply after it rallied toward $3,940. ETH is now consolidating near $3,850 and is eyeing more upsides in the near term. Ethereum started a consolidation after it rallied toward the $3,940 resistance zone. The price is trading above $3,720 and the 100-hourly Simple Moving Average. There is a key bullish trend line […]
US House Passes Bill to Ban Government Creation of CBDCs, Allows Adoption of Stablecoins—Could Ripple’s RLUSD Be Utilized?
The US House has passed a bill to prohibit the creation of a government Central Bank Digital Currency (CBDC), favoring the adoption of stablecoins on public networks. Ripple Labs Inc. has filed a trademark for “RLUSD”, suggesting the launch of a new stablecoin which may align with recent legislative developments. The US House recently voted […]
Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion
Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new ecosystems, including Solana and Bitcoin. Restaking Protocol Kelp DAO Secures $9 million Leading the investment round were SCB […]
NVIDIA and Microsoft Join Forces to Accelerate AI Applications
NVIDIA and Microsoft extend their partnership to optimize the latest AI models for NVIDIA GPUs. (Read More)
THORChain (RUNE) Price Forecast: Analyst Eyes Mid-Term $14, Long-Term $34 & $54 Target
RUNE, the native cryptocurrency of the decentralized liquidity protocol THORChain, is on the verge of a huge upward movement. At the time of writing, RUNE’s price stands at $6.53, with a trading volume hitting $210.28 million in the last 24 hours and a market cap of $2.18 billion. Over the past day, RUNE’s price took […]
Last Chance to Invest Early
The post Last Chance to Invest Early appeared on BitcoinEthereumNews.com. Many cryptos, including Bitcoin, Ethereum, and many meme coins, are going through positive changes reflected in their values. Now, there is much to keep track of. Dogecoin’s value increased by 13.30% in the last seven days. Shiba Inu’s value increased by 8.78%, and Pepe’s price […]
Coinbase Relists XRP for New York Residents After Nine-Month Hiatus
The post Coinbase Relists XRP for New York Residents After Nine-Month Hiatus appeared on BitcoinEthereumNews.com. Coinbase was forced to cease trading of XRP for New York residents in September 2023. Paul Grewal, chief legal officer of Coinbase, made the announcement on May 23. Paul Grewal, chief legal officer of Coinbase, made the announcement on May […]
Crypto Sector Makes Its Mark on the US Presidential Election! After Trump, Joe Biden Also Gave the Green Light to Crypto! Here are the Details
The post Crypto Sector Makes Its Mark on the US Presidential Election! After Trump, Joe Biden Also Gave the Green Light to Crypto! Here are the Details appeared on BitcoinEthereumNews.com. President Joe Biden’s campaign team is seeking a meme master in a strategic move to attract Gen Z voters. The Biden for President (BFP) campaign […]
Bitcoin Price Dips Again: Market Fluctuation or Start of a Correction?
Bitcoin price extended losses and traded below $68,800 support. BTC is now consolidating and facing hurdles near the $70,000 resistance zone. Bitcoin extended its decline below the $68,800 support zone. The price is trading below $69,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $69,200 […]