Stablecoins in Focus: Understanding IST’s Place in the DeFi Revolution

The post Stablecoins in Focus: Understanding IST’s Place in the DeFi Revolution appeared first on Coinpedia Fintech News In a world where digital finance is rapidly evolving, decentralized finance (DeFi) has stood as a transformative force. With a staggering growth from a niche market to a multi-billion dollar ecosystem in just a few years, DeFi […]

Bitcoin’s Fate in the Balance: A Close Look at the January FOMC Meeting

The post Bitcoin’s Fate in the Balance: A Close Look at the January FOMC Meeting appeared first on Coinpedia Fintech News Anticipation of renewed rate cuts has historically boosted Bitcoin, leading to a minor push and a lift in overall market sentiment. However, the recent upswing has made BTC bulls more passive, particularly in light […]

Evergrande Liquidation Could Trigger Potential Global Crisis, Boosting Crypto Market

The post Evergrande Liquidation Could Trigger Potential Global Crisis, Boosting Crypto Market appeared first on Coinpedia Fintech News After failing to convince the court of its restructuring strategy to repay its gigantic debt, China Evergrande Group was ordered into liquidation on Monday, thus exacerbating the real estate crisis in the second-largest economy in the world. […]

Evaluating Top Cryptocurrencies: Ethereum (ETH), Solana (SOL), and Pandoshi (PAMBO)

The cryptocurrency market is constantly evolving, with new projects emerging and established coins facing volatility. In 2024, Ethereum (ETH), Solana (SOL), and the recently launched Pandoshi (PAMBO) stand out as leading contenders. But what makes these tokens worth a look? What are the key features, technology, and price dynamics of these top cryptocurrencies? Ethereum (ETH) […]

Spot Bitcoin ETFs ‘stepping stone’ toward bringing new TradFi use cases

The Solana Foundation’s Sheraz Shere believes that enterprise adoption will perpetuate a cycle of growth for the blockchain industry. The spot Bitcoin exchange-traded funds (ETFs) approvals were a historic milestone for the space. However, it’s only a “stepping stone” toward integrating blockchain-based systems with traditional finance, according to Solana Foundation’s Sheraz Shere. Shere, who is […]

Japan to resolve CBDC issuance legalities by Q2 2024

While Japan is preparing to solve the legal issues around issuing a CBDC, it has not revealed plans for an official launch. Update: This article has been updated to reflect that Japan plans to resolve CBDC issuance legalities by Q2 2024. The Bank of Japan (BoJ) held its first official meeting with the country’s government to […]

GBTC outflows drop 70% from peak as Bitcoin exchanges shed BTC

Bitcoin ETFs — including GBTC — may soon begin to record net inflows, data suggests, as exchanges’ BTC balances revert to their downtrend. Bitcoin (BTC) exchange outflows in January are chipping away at bearish BTC price prognoses. The latest data from on-chain analytics firm Glassnode confirms that despite a 20% dip on BTC/USD, coins have […]

NYC Bar Association pushes for crypto law reforms to halt firm exits

The Bar Association seeks to maintain New York’s preeminence in digital asset transactions, not just paper-based financial transactions. The New York City Bar Association has proposed a new amendment related to emerging technologies, such as digital assets, to encourage crypto firms to set up headquarters in New York and preserve the city’s preeminence as a […]