The post Bitcoin Price Forecast For Next Week: What’s Coming, If BTC Price Breaks Its $26K Consolidation? appeared first on Coinpedia Fintech News Last Friday, Bitcoin witnessed a notable fluctuation around the $26K consolidation as the U.S. Federal Reserve Chair Jerome Powell’s speech on interest rate hikes and US inflation shook the crypto market. Jerome […]

FTX’s decision was undertaken as a proactive measure aimed at preventing the occurrence of any potential future incidents or additional harm following the recent hack. Following the recent Kroll cybersecurity breach, FTX Derivatives Exchange, a financially distressed cryptocurrency trading company, has opted to temporarily suspend accounts of impacted users accessing its claims portal. FTX’s decision […]

The six countries that received an invitation to become members of BRICS at its summit have confirmed their decision to join the bloc, one of Russia’s top diplomats unveiled. The high-ranking official added that at this point in time it would be premature to name those in the next batch of candidates. BRICS and Its […]

The post Is Criminal Prosecution on the Horizon for Binance? Ripple Attorney Reveals appeared first on Coinpedia Fintech News After the US SEC sued Binance in June 2023 for violating securities laws, rumors have swirled about a possible DOJ indictment. In the midst of this, the XRP lawsuit ruled that retail XRP sales aren’t securities, […]

Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States. Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States president Joe Biden.  On Aug. 25, in an effort to catch crypto users avoiding taxes, […]

India’s oil and gas minister says de-dollarization is a long way away. The official emphasized his desire to conduct all transactions in rupees, expressing his wish for the Indian currency to become “the lead currency in the world.” Indian Official on De-Dollarization India’s Minister of Petroleum and Natural Gas Hardeep Singh Puri stated in an […]

The U.S. dollar’s dominance in global payments has strengthened, according to data compiled by global financial messaging service SWIFT. The share of SWIFT FX transactions involving the U.S. dollar rose to a record 46% in July. In addition, the share of the transactions involving the Chinese yuan has increased. SWIFT Data Indicates US Dollar Dominance […]

Tether’s chief technology officer, Paolo Ardoino dropped a hint that the operations are based in Latin America, but hesitated to reveal any more details beyond that. Paolo Ardoino, chief technology officer of stablecoin issuer Tether (USDT), recently found himself addressing rumors about images of large industrial containers online. These speculations led him to rejecting questions […]

Economist Peter Schiff has warned about an impending “full-blown financial crisis” that he expects to hit the U.S. economy before the Federal Reserve reaches its inflation target. He further predicted that the financial crisis will force the Fed to raise its inflation target. Peter Schiff’s Latest Warnings Gold bug and economist Peter Schiff warned of […]

The post Top Altcoin Picks For Next Week: Ethereum (ETH), Litecoin (LTC) And Shiba Inu (SHIB) Are On The Way To Recovery appeared first on Coinpedia Fintech News In the past week, Bitcoin has experienced significant price fluctuations within its consolidation range, influenced by various macroeconomic factors such as Jerome Powell’s address. As Bitcoin falls […]