Decentralized finance staking service provider Lido (LDO) is winding down its Solana (SOL) staking product today, Oct. 16, because it lacks funds to sustain the project, according to a blog statement from its team. The team revealed that it came to this decision after an extensive DAO forum discussion and a community vote that favored […]

Quick Take Over the course of Oct. 16, a total of 7,000 Bitcoin, worth roughly $200 million, vacated exchanges. While some movement may be in response to a recent wave of misinformation regarding the approval of a Bitcoin spot ETF, the flurry of on-chain has persisted both before and after. This movement was accompanied by […]

The post Here’s Why Crypto Prices Are Pumping as Bitcoin, Solana, and Meme Kombat See Significant Gains appeared first on Coinpedia Fintech News The crypto market is seeing a broad rally today, with Bitcoin (BTC) surging past $28,000 and Solana (SOL) gaining over 6%. A new meme coin, Meme Kombat (MK), is also making waves […]

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Topics this week: Paul Tudor Jones 3 TradesBitcoin, Ethereum and BNB Last week, I wrote about […]

The former FTX engineering director reportedly testified that SBF would “unilaterally spend Alameda’s money” and was “ultimately” in charge of the firm rather than Caroline Ellison. Former FTX engineering director Nishad Singh reportedly told a New York courtroom that former CEO Sam “SBF” Bankman-Fried had a habit of deciding on purchases through Alameda Research by […]

Bitcoin cash was a huge gainer on Monday, as the cryptocurrency rallied by as much as 14% in today’s session. The surge comes after Cointelegraph falsely suggested that Blackrock’s bitcoin ETF was approved by the SEC. An apology has since been issued, following the mistaken report. Solana also hit a multi-week high on the news. […]

Cryptocurrency giant Binance will cease accepting new UK users effective at 5:00 PM London time on Monday, October 16, 2023 (16:00 UTC). This move comes in the wake of the UK’s enforcement of the Financial Promotions Regime for qualifying crypto assets that came into effect on October 8, 2023, allowing unregulated overseas firms like Binance […]

The post Ethereum Vs Bitcoin Now Trades At 15-Month Low! Are Bulls Losing Confidence In ETH Price? appeared first on Coinpedia Fintech News Last week, the market maintained a stable condition, presenting investors with chances to accumulate more following a minor sell-off. This morning started with a buying demand, particularly for leading assets: Bitcoin and […]

The post Binance to Discontinue Services for UK Customers Amidst FCA Restrictions! appeared first on Coinpedia Fintech News Binance One of the largest and best-known cryptocurrency exchanges is all set to cut down on UK customer services from October 16 due to recent FCA restrictions. Existing users will continue to receive their current services as […]

The strategic partnership between Solana Foundation and DMCC Crypto Centre marks a significant milestone towards fostering a thriving Web3 ecosystem in Dubai. By offering technical and business development support, alongside educational initiatives, this alliance is poised to drive innovation and business scalability, further elevating Dubai’s standing as a global hub for blockchain and Web3 technologies. […]