The post Can Buyers Dominate the Battle Ahead? appeared on BitcoinEthereumNews.com. The AIDOGE price is trading near the downward trendline hurdle of $0.000000004300 and is hovering around the 100-day EMA mark. Moreover, the trend is negative, and sellers have persisted in putting pressure on the bulls. The lower low swing structure remained intact, and buyers remained on the back foot. Until the $0.000000004300 was not breached, buyers could not gain momentum, and price action remained negative. At press time, the ArbDoge token (AIDOGE) price was trading at $0.000000004223 with an intraday dr ..read more

The post Top Layer 2 Tokens Set to Displace the DeFi Dominance in 2024 appeared on BitcoinEthereumNews.com. The landscape of decentralized finance is constantly evolving. As the year unfolds, newer contenders are stepping into the spotlight, poised to redefine the future of finance. Surprisingly, a series of emerging protocols are gaining traction, potentially shifting the balance of power in the DeFi sector. These innovative platforms promise enhanced efficiency, and their tokens could emerge as pivotal players. This article delves into the most promising of these protocols that are expected ..read more

The post Analysts Endorse These as the 3 Best DeFi Altcoins to Buy in 2024: Polkadot (DOT), Aave (AAVE), and Retik Finance (RETIK) appeared on BitcoinEthereumNews.com. Q1 2024 was a frenzy period for cryptocurrencies. Bitcoin, the leading crypto asset, crossed the $70k mark to set a new all-time high (ATH), prompting experts to predict an imminent $100k sooner rather than later. While Bitcoin was bullish, several Altcoins, including DeFi projects and meme coins, joined the race. This paints an overall positive momentum in the crypto ecosystem. Amidst a flurry of altcoins, analysts pinpoint thr ..read more

The post Top Chinese Blockchain Figure Yao Qian Faces Government Probe appeared on BitcoinEthereumNews.com. Yao Qian, a top personality in blockchain technology in China, is now under government investigation for possible legal offenses. Yao Qian has played a major role in the invention of the Chinese Central Bank Digital Currency. He was the first director of the central bank’s digital currency research institution. Blockchain Enthusiast Yao Qian Under Scrutiny for Possible Violations Yao Qian, the current director of the Science and Technology Supervision Department and the Information Cente ..read more

The post Wiener AI Launches ICO & Raises Over $350K appeared on BitcoinEthereumNews.com. Wiener AI, a playful crossbreed of meme coin and AI cryptocurrency, has risen and garnered over $350K of presale investments on its opening day. The juxtaposition of memes and AI places Wiener AI as a frontrunner in the crypto revolution, ensuring it remains at the cutting edge of the industry’s hottest narratives. In a bid to drastically increase its fan base, the project ushers in generous staking rewards that will be paid out daily, helping holders grow their bags effortlessly. Hard Cap Not Announce ..read more

The post World Bank exposes key driver of high inflation appeared on BitcoinEthereumNews.com. The World Bank has shed light on a big economic challenge. The era of falling commodity prices as a buffer against inflation seems to be over. This revelation throws a spanner in the works for central banks globally, which may find their hands tied when it comes to adjusting interest rates downwards. Commodity Price Stability and Its Implications Over the last two years, we’ve seen commodity prices, including those for oil, gas, and wheat, plummet by 40% from mid-2022 to mid-2023, which reduced global ..read more

The post Pantera bought more Solana tokens from FTX’s bankruptcy auction appeared on BitcoinEthereumNews.com. Venture capital firm Pantera Capital successfully acquired an undisclosed amount of discounted Solana tokens in a recent auction orchestrated by the bankrupt FTX exchange managers. While specific details of the auction are not fully disclosed, Pantera Capital, alongside industry stalwarts like Galaxy Digital, had previously made significant investments in SOL tokens, totaling around $1.9 billion earlier this month. Notably, these tokens were acquired at a discounted rate of $64 each, m ..read more

The post Franklin Templeton Moves One Step Ahead With Tokenization appeared on BitcoinEthereumNews.com. On April 25, 2024, Franklin Templeton, one of the biggest asset manager firms, unveiled that its Franklin OnChain US Government Money Fund (FOBXX) shares are now available for peer-to-peer transfer on the public blockchain. This marks a significant step forward in integrating traditional finance with blockchain technology. Industry Leaders Praises Franklin Templeton’s Tokenization Development Launched in 2021, the Franklin OnChain US Government Money Fund is the first US-registered fund to l ..read more

The post China Might Reverse Crypto Ban Within 3 Months, Predict Experts appeared on BitcoinEthereumNews.com. China, well-known for its tough stance on cryptocurrencies, seems to be rethinking its ban on Bitcoin soon. This news coincides with Hong Kong, a Chinese Special Administrative Region, taking big steps towards Bitcoin acceptance, including the approval of Bitcoin exchange-traded funds (ETFs). Read more about this below. How China’s Crypto Ban Began Back in September 2017, China kicked off its crackdown on cryptocurrencies by imposing strict rules on Initial Coin Offerings (ICOs), effec ..read more

The post Starbucks, Workers United union make progress in negotiations appeared on BitcoinEthereumNews.com. A Starbucks worker boards the Starbucks union bus after Starbucks workers stood on the picket line with striking SAG-AFTRA and Writers Guild of America (WGA) members in solidarity outside Netflix studios on July 28, 2023 in Los Angeles, California.  Mario Tama | Getty Images Starbucks and Workers United, which represents roughly 500 of its cafes, said Friday that they made “significant progress” in their contract talks this week. The two parties discussed a process to resolve grieva ..read more