In the past week, the crypto market has witnessed interesting price dynamics. Sui (SUI) witnessed a bearish run and didn’t hold the $0.8 support level. TRON (TRX) has been gaining momentum despite the recent scrutiny from crypto regulators. At the same time, Solana’s (SOL) price surged by almost 15% despite the collapse of Alameda a […]

ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval. ARK Investment Management, a pro-Bitcoin (BTC) firm founded by veteran investor Cathie Wood, is reportedly ahead in the race for a spot BTC exchange-traded fund (ETF). In […]

Ethereum (ETH) staked by investors has outstripped the ETH balance on centralized exchanges, including Binance and Coinbase, Nansen data indicates. As of June 26, 2023, 23.36 million ETH worth nearly $44 billion, which represents 19.4% of the current supply, was staked, according to Nansen data. Comparatively, Ethereum held by centralized exchanges fell short at 23.35 […]

The post HSBC Says U.S. Recession Will Come Before Year End: Are You Prepared? appeared first on Coinpedia Fintech News HSBC, a leading banking corporation, predicts an impending economic slump for the U.S. that will strike in the final quarter of this year. The bank’s mid-year outlook foresees a bleak scenario, with alarm bells ringing […]

The post May The Force Be With Shiba Inu Drops 15%, While Predicted 12,000% Gamefi Coin Alex The Doge Overtakes Meme Market appeared first on Coinpedia Fintech News Navigating the roller coaster ride of the cryptocurrency market always yields surprising developments. Recently, Shiba Inu (SHIB), a well-known meme coin, experienced a significant drop of 15%, […]

The post Hong Kong VAC’s Comprehensive Virtual Asset Index: What You Need To Know appeared first on Coinpedia Fintech News In a significant move to monitor and influence the digital asset space, the Hong Kong Virtual Asset Classification (HKVAC) has unveiled its long-awaited virtual asset index. This comprehensive index encompasses major cryptocurrencies such as Bitcoin […]

The post Injective (INJ) Skyrockets Over 442% As Bulls Take Over The Market appeared first on Coinpedia Fintech News Injective (INJ), a prominent smart contract blockchain, has caught the attention of the cryptocurrency community with an impressive rally of more than 442% in the past year. This surge has defied the bearish trend in the […]

The post Robinhood Faces Third-Round Layoffs Since 2022 appeared first on Coinpedia Fintech News Robinhood, the popular trading platform, has announced its third round of layoffs, reducing approximately 150 staff members. This move is a response to a slowdown in customer trading activity since Q2 2021. The company aims to align its team structures and […]

Coinspeaker WhatsApp Business Announces 200M Active Users and Launches Personalized Customer Messages  Meta Platforms-owned WhatsApp Business, a version of the instant messaging app built for small businesses, now has over 200 million users. According to Meta CEO Mark Zuckerberg, this is a 4x jump from three years ago. In 2020, 2 years after its launch, […]

Coinspeaker Swiss National Bank to Launch Wholesale CBDC (wCBDC) Pilot Soon The Swiss National Bank (SNB) is set to create a digital currency known as a wholesale central bank digital currency (wCBDC). According to a Reuters report, the announcement was made by the head of SNB, Thomas Jordan, during a Point Zero conference in Zurich yesterday, […]