The role of layer-2 solutions in improving blockchain scalability has become more recognized in the market. Optimism (OP), a stable and quick L2 asset built by and for Ethereum developers, outpaces Arbitrum (ARB), a unique layer-2 solution that enhances transaction speed and scalability with daily L2 transactions. As the cryptocurrency community seeks more scalable and […]

Although the proposed virtual asset regulatory framework in Oman covers FATF-defined assets, the issuance of privacy coins might get banned. The Sultanate of Oman is inching closer to launching its own virtual asset regulations, with its financial markets regulator seeking public comments on its proposed regulatory framework governing digital assets, such as cryptocurrencies. The Capital […]

The Alphabet Workers Union filed a report to the U.S. National Labor Relations Board accusing Google of violating labor law that prohibits retaliation against organizing. Google and Accenture, who have a joint business venture, are being accused by the Alphabet Workers Union of being in violation of federal labor laws in the United States, according […]

Bitcoin is trading near a support point of $29,000, ahead of today’s U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs were added to the economy last month, down from 209,000 in June. Ethereum was marginally lower on Friday. Bitcoin Bitcoin (BTC) consolidated around the $29,000 level on Friday, as traders readied themselves […]

Amid the evolving landscape of crypto regulation in the United States, financial technology company Revolut has announced it is “suspending” crypto services in the US. A Revolut spokesperson told CryptoSlate, the company, together with its US banking partner, will suspend access to cryptocurrencies for its US customers starting Sept. 2, 2023, specifically, “As a result […]

The post Ripple (XRP) News: SEC Officials Ignored XRP’s Security Status Talks, Focused on Ripple’s Tech Instead appeared first on Coinpedia Fintech News A recent discovery, courtesy of famous crypto analyst and sleuth Mr. Huber, indicates that officials at the U.S. Securities and Exchange Commission (SEC) may have sidestepped significant concerns regarding XRP’s security status. […]

The post Cryptocurrency Market Remains Calm, Altcoins Gain Momentum Amid Bitcoin’s Consolidation appeared first on Coinpedia Fintech News The cryptocurrency market has maintained a sense of tranquility since Monday, with Bitcoin hovering around $29.1k after a brief tease at $30k. Altcoins have seen some outliers, particularly Ethereum-based meme coin Shiba Inu (SHIB), which has been […]

The post Crypto News: Will Ethereum ETF Outshine Bitcoin ETF? appeared first on Coinpedia Fintech News In an unexpected turn of events, analysts are tipping an Ethereum futures ETF for approval by the US Securities and Exchange Commission (SEC) ahead of its Bitcoin counterpart. Bloomberg ETF analysts argue that this year, Ethereum’s chances of scoring […]

The post SHIB Price Prediction: Can Shibarium Upgrade Drive Shiba Inu Price to $0.01? appeared first on Coinpedia Fintech News Shiba Inu (SHIB) coin is surging upwards, driven by excitement among meme coin fans for the upcoming Shibarium upgrade. Shibarium is a new and innovative improvement to its blockchain, planned for release this August. This […]

The post Bitcoin Miners Brace for Halving Event: Six-Figure Price Needed for Sustainability appeared first on Coinpedia Fintech News The world of Bitcoin mining has been closely monitored as the halving event approaches, and a recent analysis sheds light on the critical price point that miners need to sustain profitability. With Bitcoin’s price constantly dropping […]