The post BlockDAG Hits 50.4M Milestone | Bitcoin’s Bullish Prospects appeared on BitcoinEthereumNews.com. Bitcoin’s forecast remains upbeat due to favorable economic factors, pointing to a potential uptick in its value. Similarly, developments in the Polygon ecosystem indicate a strong upward trajectory. The spotlight is on BlockDAG (BDAG) as it garners widespread support during its ongoing […]

The post A Bullish Wave On The Horizon? appeared on BitcoinEthereumNews.com. The broader crypto markets including the market leaders Bitcoin and Ethereum, experienced a rollercoaster ride in the last couple of weeks. Ethereum price has witnessed a correction from $3900 level and retraced the $3400 level. However, the 50 day EMA is acting as a […]

The post Crypto Hiring: Ex-Coinbase pro now leads Uniswap’s legal unit appeared on BitcoinEthereumNews.com. Uniswap has a new chief legal officer, and the legal head at Digital Currency Group has moved on to expand blockchain capabilities at a law firm. Katherine Minarik joined Uniswap from Coinbase, where she was vice president of legal and deputy […]

The post 18 Month Bitcoin Hashrate Rising Streak Ends appeared on BitcoinEthereumNews.com. After 18 months of continuous uptrend in the Bitcoin network’s hashrates, June saw a decline. While several theories emerge about the cause of the phenomenon, it looks like miners with older ASIC systems (specialized mining rigs) are disconnecting from the network because it […]

The post Bitcoin Plummets 4.5% Amid Increased Miner Selling and Reduced Revenues appeared on BitcoinEthereumNews.com. The recent decline in Bitcoin’s (BTC) value has captured the attention of both investors and analysts. Market conditions suggest that a significant portion of this trend can be attributed to the actions of Bitcoin miners. Insights reveal a surge in […]

The post Is Bitcoin (BTC) Rebound Imminent Amid NASDAQ ATH Record? appeared on BitcoinEthereumNews.com. The mainstream stock market recorded an unusual growth at the close of the market on Friday, a trend that might impact the price of Bitcoin (BTC). The tech-heavy stock index, the Nasdaq Composite printed its All-Time High (ATH) despite uncertainty in […]

The post Here’s ChatGPT-4o’s recession-proof stock and crypto portfolio appeared on BitcoinEthereumNews.com. There has been constant uncertainty regarding the possibility of the United States economy plunging into a recession, possibly in the latter part of 2024. This uncertainty puts investors in a position where they must select means to safeguard their wealth in economic turmoil. […]

The post BlockDAG’s $50.8M Presale Echoes Litecoin’s Rise to FameCoin Edition appeared on BitcoinEthereumNews.com. Investing in cryptocurrencies can lead to enormous gains or significant losses. Consider the story of a retired teacher who received Litecoin as a gift from her grandson. Initially doubtful, she decided to keep the coins out of affection for him. When […]

The post Latam Insights: Paraguay Unveils Bitcoin Mining Centric Development Strategy, Itau Unibanco Rolls Crypto Trading for All Customers appeared on BitcoinEthereumNews.com. Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay unveiled a bitcoin mining-centric strategy, Itau Unibanco rolled out crypto […]

The post Analysts Discuss the Risks of Buying Altcoins Today appeared on BitcoinEthereumNews.com. The cryptocurrency market has seen significant changes, leading many analysts to caution against investing in altcoins. Historically, bull markets have seen Bitcoin and Ethereum rise first, followed by altcoins. However, current conditions suggest a shift in this pattern. Why Buying Altcoins Now […]