The post Ethereum Price Analysis: Is A Bearish Dominant Move Ready To Plunge ETH Price? appeared first on Coinpedia Fintech News The markets hope for a recovery with the Bitcoin ETF deadline this Friday, but Ethereum remains dormant in a range. With 37.25% YTD growth, the recent correction plunges the ETH price to $1639, a […]

Coinspeaker Sam Bankman-Fried’s Defense Lawyers Demand Temporary Release before October Trial Lawyers representing Sam Bankman-Fried have been demanding his “temporary release” or a relief of five days a week release in order to prepare for the defense trial ahead in October 2023. Last Friday, the defense team submitted a motion asserting that Bankman-Fried isn’t able […]

Coinspeaker Evergrande Shares Tank 87% Soon as Trading Resumes after 17 Months On Monday, August 28, shares of the Chinese real estate giant – the China Evergrande Group – tanked as much as 87% as the trading for the firm opened for the first time since March 21, 2022. During Monday’s trading session earlier today, […]

Coinspeaker Bitcoin Hash Price Plummets Despite Soaring Hash Rate The mining revenue, otherwise called the hash price, of Bitcoin has dropped to levels not seen since FTX collapsed last November. This was when the BTC price fell to a market cycle low of around $16,500. As it were, hash price measures the amount of dollars […]

Coinspeaker Xpeng Shares Rise 13% after Announcing Purchase Deal with Didi Renowned Chinese electric car manufacturer XPeng Inc (HK: 9868) has witnessed its shares rise to 13% within hours of announcing its intention to acquire Didi‘s smart electric car development business. This groundbreaking deal, valued at an impressive $744 million, is set to reshape the […]

eTradeConnect, a blockchain-based trade finance platform supported by the Hong Kong Monetary Authority (HKMA) and twelve banks, is set to cease operations by the end of the month. Initially launched to digitalize trade documents and streamline operations, it has seen a decline in usage, leading to its impending closure. (Read More)

Shibarium, an Ethereum layer-2 scaling blockchain, has successfully launched, generating over 65,000 wallets and 350,000 transactions. Despite initial challenges, it has scaled up 1500%, demonstrating transparency and security through an insurance provision and a proof-of-participation consensus mechanism. (Read More)

dYdX founder Antonio Juliano has suggested that the crypto space should “give up” on the US markets for the next five to ten years and focus on other markets. Juliano argued that crypto projects could scale faster by not serving the US markets because they would not have to deal with a hostile regulatory climate.  […]

The Indian Prime Minister, Narendra Modi, addressed the crypto talk at the B20 summit recently. The PM talked to business leaders, asking for new ideas surrounding AI and crypto. Moreover, PM Modi stated that an integrated approach is needed to address issues related to crypto. Organized by CII, the event saw PM Modi addressing the […]

Nicolas Maduro, the president of Venezuela, has called to de-dollarize the global economy due to the difficulties the current system brings to emerging countries affected by U.S. sanctions. In a message directed to the BRICS leaders, Maduro called to establish alternative settlement systems using national currencies. Venezuelan President Nicolas Maduro Reinforces the Need to Create […]