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The post Hong Kong Lawmaker Proposes Incorporating BTC Into Region’s Fiscal Reserves appeared on BitcoinEthereumNews.com. Hong Kong may soon join the list of countries leveraging bitcoin (BTC) as a store of value and a hedge against inflation by establishing the cryptocurrency as a fiscal reserve asset. According to a report from local media, Wen Wei […]

The post Bitcoin Faces Major Resistance as Price Approaches $95,090 appeared on BitcoinEthereumNews.com. Bitcoin (BTC) is approaching a crucial price range where significant resistance levels could influence its next move. With a current price of $95,063.69, data suggests that BTC faces considerable challenges between $95,090 and $99,800, a zone where 2.40 million wallets acquired over

The post This Hidden Crypto Gem Attracts Shiba Inu and Cardano Fans With 9,600% Potential appeared on BitcoinEthereumNews.com. A new cryptocurrency is catching the eye of fans of Shiba Inu and Cardano. This little-known token promises huge gains, with some predicting a 9,600% increase. It’s generating buzz and raising questions. What is this hidden gem,

The post Crypto News: Whale Invests $24.5 Million in This Meme Coin! appeared on BitcoinEthereumNews.com. Extraordinary times are shaping the crypto market. Bitcoin has crossed the $100,000 mark for the first time in an impressive year-end rally, while numerous altcoins are delivering remarkable performances. Meme coins, in particular, are in the spotlight this year, surpassing

The post Shiba Inu Eyes 100% Rally as Technical Analysis Points to Channel Breakout appeared on BitcoinEthereumNews.com. Shiba Inu shows potential breakout from descending channel pattern Analyst identifies three key price targets up to $0.00004349 Critical support holds at $0.00002170 Fibonacci level Despite recording its third consecutive weekly decline, Shiba Inu shows signs of potential

The post Bitcoin Crashes To $91K appeared on BitcoinEthereumNews.com. Bitcoin traded near the $91,000 level on Monday, Dec. 30, down by 15% from its highest level this year. This decline persisted despite MicroStrategy announced acquiring 2,138 more Bitcoins last week, marking the eighth consecutive week of purchases, bringing its total holdings to 446,400. Tether also

The post Avalanche Incubator Codebase Announces Season 2 Winners: Chiss Protocol Takes Top Prize appeared on BitcoinEthereumNews.com. According to recent updates from COINOTAG News on December 31, the Avalanche incubator Codebase has revealed the winners of its Season 2 competition. The top accolade went to Chiss Protocol, a pioneering platform that establishes a permissionless on-chain

The post Bitcoin’s stored value hits $1.03 trillion, up 85% since January appeared on BitcoinEthereumNews.com. Bitcoin’s actual stored value has been estimated at $1.03 trillion, far below its $2 trillion market cap, according to CryptoQuant CEO Ki Young Ju. Ju stated that this figure represents an 85% increase from the beginning of 2024, showcasing growing

The post DEX Monthly Trading Volume Surpasses $320 Billion in December appeared on BitcoinEthereumNews.com. DEX monthly trading volume surged significantly, surpassing $320 billion in December.  Spot trading volume on centralized exchanges also surged, reaching more than $2.8 trillion in December.  When Bitcoin hit new all-time highs, surpassing the $100,000 milestone and the entire crypto market

The post Hong Kong lawmaker wants to add Bitcoin to national reserves to boost financial security appeared on BitcoinEthereumNews.com. Hong Kong legislator Wu Jiexhuang suggested the region should start adding Bitcoin to its national reserves as a way to boost financial security. According to the local newspaper Wen Wei Po, Wu said Hong Kong regulators