Despite most of the cryptocurrency market being down 60% from all time highs, Demissie said the digital asset industry is “here to stay.” Michael Demissie, the head of digital assets at Bank of New York Mellon (BNY Mellon) is adamant that the cryptocurrency market fall in 2022 won’t waver institutional interest in digital assets.  At […]

Cryptocurrency ATM company Coin Cloud has filed for bankruptcy, according to a document submitted to Nevada’s bankruptcy court on Feb. 7. Coin Cloud has up to 10,000 creditors, according to the filing. It also has $50 million to $100 million in assets and $100 million to $500 million in liabilities. Notably, Coin Cloud owes up […]

The post XRP Whales Spark Euphoria with Millions in Shuffling appeared first on Coinpedia Fintech News Given the recent flurry of intraday whale moves, XRP whale activity is still showing little signs of calming down. At the moment when XRP is struggling to maintain a secure position above the $0.40 region, this wave of whale […]

The post Ripple vs SEC: XRP Gets Another Head Up. Can the Bank of England Act as a Major Catalyst? appeared first on Coinpedia Fintech News The adoption and integration of blockchain technology in the financial sector are progressing favorably. However, there might be significant differences between central banks in terms of the scope, details, […]

The post DOGE & SHIBA INU Are ‘Garbage’ – Says Alex McCurry appeared first on Coinpedia Fintech News The founder of blockchain development firm Solidity.io, Alex McCurry, has called meme coins like Shiba Inu and Dogecoin “garbage.” Critics argue that these coins have no actual value and are being exploited for quick profits. The lack […]

The post XRP Whale Intensifies On-Chain Activity – Will the XRP Price Go Parabolic? appeared first on Coinpedia Fintech News The XRP price is retesting a macro falling trend for the third consecutive week with minimal success. Trading around 40 cents, the Ripple-backed crypto asset has seen its underlying value significantly suppressed by the ongoing […]

The post 11-Year Dormant Bitcoin Wallet Strikes with 200,000% Profit in Surprise Awakening appeared first on Coinpedia Fintech News In a tweet posted on February 8th, PeckShieldAlert claimed that a Bitcoin wallet that had been idle for almost 11 years was once again accepting Bitcoin transactions as of today. Upon awakening, the wallet promptly sold […]

The post SEC Might Ban Crypto Staking, Speculates Coinbase CEO – Impact On Crypto Market ? appeared first on Coinpedia Fintech News The relation between the US Securities and Exchange Commission (SEC) and the cryptocurrency industry has always been on a bumpy road. This is because the SEC has always bought one-at-a-time enforcement actions to […]

The post Insane XRP Price Prediction : Analyst Predicts XRP To Surge 50x by June – 2023 appeared first on Coinpedia Fintech News Ripple’s XRP is expected to reach the $23.80 price threshold by the end of June, according to a forecast made by the anonymous analyst CryptoBull on Twitter. The analyst gave the audience […]

Users will not be able to buy Bitcoin after Mar. 2, and the “Affirm Crypto Program” will officially shut down on Mar. 31. Max Levchin, the CEO of buy-now-pay-later company Affirm, has confirmed that they will be shutting down their “Affirm Crypto Program” amid dampening consumer spending and a changing macroeconomic environment. The CEO released […]