The cryptocurrency market continues to flounder as investors react negatively to news of fraudulent activity and regulatory crackdowns. The trial of FTX founder Sam Bankman-Fried, which is set to begin in October, is expected to change the crypto landscape further. In the midst of market shakeups, three projects proved to be promising: InQubeta, Polkadot, and […]

A U.S. District Court has upheld claims by HBZ investors that the company acted fraudulently and also asserted that its token violated securities laws. A United States District Court has allowed a nearly three-year-long class action lawsuit against the creators of HelbizCoin to go ahead, as per a court ruling filed on Sept. 1. The […]

Shibarium network activity has soared despite the price of SHIB falling more than 20% since the tumultuous launch of the layer-2 network. The total number of wallets on Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has surpassed the one million mark in a meteoric rise since its relaunch.  The milestone — announced in […]

More than half of Turkey’s adult population has turned to cryptocurrencies in a bid to protect their wealth and savings from rapid inflation and currency devaluation, according to KuCoin’s latest report on crypto users in the country. The survey was conducted in May 2023 and found that 52% of Turkish adults aged 18 to 60 […]

The post Bitcoin ETF News: Analyzing the 2023 Approval Odds appeared first on Coinpedia Fintech News In a recent interview with Thinking Crypto, James Seyffart, an ETF Research Analyst at Bloomberg, delved into the latest happenings in the cryptocurrency market and the potential green light for Bitcoin spot ETFs. He also touched upon the influential […]

The post The Approval Of Spot Bitcoin ETF is Inevitable – Says Former SEC Chairman Jay Clayton appeared first on Coinpedia Fintech News A federal court has recently ruled against the U.S. Securities and Exchange Commission (SEC), stating that its refusal to permit Grayscale’s Bitcoin Trust conversion into a spot Bitcoin ETF was wrong. Following […]

The post JP Morgan says, Bitcoin ETF Approval is Guaranteed! appeared first on Coinpedia Fintech News After Grayscale’s milestone victory against the SEC , JP Morgan critics predict the approval of a spot Bitcoin ETF. In the latest search report, they noted that the federal securities regulator has no choice but to approve the Bitcoin […]

The post Hawaiian Resident Charged by SEC Over Crypto Market Manipulation! appeared first on Coinpedia Fintech News The US Securities and Exchange Commission (SEC) has filed lawsuit against Jeremy Koski of Hawaii over allegations of market manipulation and false crypto conversion promises. According to the SEC, Koski fabricated press releases suggesting that a publicly traded […]

The post BTC Price Analysis: Will Bitcoin Have a Rough Ride in September? Here’s What To Expect appeared first on Coinpedia Fintech News Bitcoin is currently teetering on a critical support level, but market indicators are hinting at the potential for a bullish reversal. After a tumultuous period marked by wild price swings, Bitcoin appears […]

The post Bitcoin to Rise Above the Descending Consolidation; Here’s Where It May Reach After a Breakout! appeared first on Coinpedia Fintech News The Bitcoin price successfully rose above the bear trap in which it was stuck for the first few days of the month. With the recent recovery from the lows around $23,500, the […]