Tether minted an unreleased 1 billion USDT to enhance liquidity and facilitate future issuance/chain swaps, triggering some skepticism from the community. Strategic Stockpiling: Proactive Liquidity Management  The world’s largest stablecoin issuer, Tether, raised eyebrows in the crypto community with its recent move to mint 1 billion USDT on Christmas Day. The controversial decision has sparked […]

As 2024 unravels, the currency market is witnessing a sea change, with Japan’s Yen fattening up and Europe’s euro in trouble. The origin of this development goes back to 2023 when these fateful events and economic decisions reshaped the global currency scene. The Yen appears prepared for an even greater victory over its rivals, driven […]

The global forex market is driven by two simple components: demand and supply. Except, these fundamental principles spread across not just goods and services but also the prevailing conditions in a country. One of the crucial aspects is the holiday season, a time when the global forex market takes a break from constant exchanges. External […]

Bitcoin’s current price steadies at $42,750 to $42,964 and an intraday range between $41,820 and $43,192. Despite the fluctuations, the market capitalization holds strong at $841 billion, with a 24-hour trade volume of $25.32 billion. Oscillators sway gently in a neutral stance, while moving averages whisper tales of bullish sentiment, painting a scenario of cautious […]

Quick Take Recent data analysis performed by Mononaut, a key player at BitfeedLive and mempool specializing in Bitcoin, reveals that Ocean, a decentralized mining pool, successfully mined their third block, identified as block number 823,129. This notable achievement took place approximately at 07:58 am GMT. The mining pool was rewarded with a subsidy and fees […]

Crypto asset management firm Hashdex met with the U.S. Securities and Exchange Commission (SEC) Office of the Chair on Dec. 26 to discuss the proposed rule changes for its Bitcoin exchange-traded fund (ETF) application. According to the memo, the meeting featured Samantha Ostrom from the SEC Chair’s office, Hashdex Chief Investment Officer Samir Kerbage, and […]

The post Solana Price Rally Creates Millionaires with SOL Up 100% in December appeared first on Coinpedia Fintech News Solana’s (SOL) end-of-year surge continues as SOL, priced at less than $20 3 months ago, tops out at $123.66 on Christmas Day—a 550% gain. In that time several investors have turned small holdings, of less than […]

The post Grayscale: ETFs Will 30x Crypto Market. What Would $BTC, $ETH, $SOL and $GFOX Prices Be? appeared first on Coinpedia Fintech News Bitcoin spot ETF approval is a hotly debated subject in the crypto community. Many believe that these ETFs will help stabilize the market because they show support from large institutions and regulators, […]

The post MicroStrategy Buys 14,620 BTC at an Average Price of $42,110 Per Bitcoin appeared first on Coinpedia Fintech News MicroStrategy has made a significant move in the cryptocurrency market by acquiring 14,620 bitcoins. This purchase, amounting to approximately $615.7 million, was made at an average price of $42,110 per bitcoin. With this latest acquisition, […]

The post Sparklo (SPRK) Expected To Do 10x By Q2 2024 Over Tezos (XTZ) and Aave (AAVE) appeared first on Coinpedia Fintech News Of recent times we have seen the crypto market enter a bull phase. This plays down to a few factors ranging from ETF’s, the halving and the further traditional stock market. The […]