The post MicroStrategy’s Bitcoin Bet Yields $4 Billion Profits, Surpasses $10 Billion Mark appeared first on Coinpedia Fintech News In a strategic move during the Covid-19 crisis, MicroStrategy’s CEO, Michael Saylor, redirected the company’s cash into Bitcoin, a decision that has now reaped benefits and profits for the company. MicroStrategy (MSTR), the largest corporate bitcoin […]
Can US Authorities Control Tether Amidst Its Growing Dominance? JPMorgan Analysts Hint
The post Can US Authorities Control Tether Amidst Its Growing Dominance? JPMorgan Analysts Hint appeared first on Coinpedia Fintech News The banking giant JPMorgan has raised concerns about Tether possibly being controlled by U.S. authorities soon. Despite its offshore base, Tether’s dominance and regulatory challenges could reshape the stablecoin landscape in the States. Tether’s Vulnerability […]
Bitcoin Cash Analysis: Dips Turn Attractive Near $265
Bitcoin cash price started a downside correction from the $292 zone against the US Dollar. The price is now trading above the $260 zone and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $265 on the 4-hour chart of the BCH/USD pair (data feed from […]
MicroStrategy’s Bitcoin Bet Yields $4 Billion Profits, Surpasses $10 Billion Mark
The post MicroStrategy’s Bitcoin Bet Yields $4 Billion Profits, Surpasses $10 Billion Mark appeared first on Coinpedia Fintech News In a strategic move during the Covid-19 crisis, MicroStrategy’s CEO, Michael Saylor, redirected the company’s cash into Bitcoin, a decision that has now reaped benefits and profits for the company. MicroStrategy (MSTR), the largest corporate bitcoin […]
Can US Authorities Control Tether Amidst Its Growing Dominance? JPMorgan Analysts Hint
The post Can US Authorities Control Tether Amidst Its Growing Dominance? JPMorgan Analysts Hint appeared first on Coinpedia Fintech News The banking giant JPMorgan has raised concerns about Tether possibly being controlled by U.S. authorities soon. Despite its offshore base, Tether’s dominance and regulatory challenges could reshape the stablecoin landscape in the States. Tether’s Vulnerability […]
JPMorgan Upgrades Coinbase Rating from Underweight to Neutral
The firm had recently lowered the rating, citing the fading excitement around Bitcoin ETFs. The price of Bitcoin burst out of its range and went beyond $50,000. From “underweight,” JPMorgan’s rating for crypto exchange Coinbase was raised to “neutral” in a surprising move. The announcement of the full-year results is imminent, and the rating arrives […]
Telefónica and Chainlink Collaborate to Safeguard Against SIM Swap Attacks
The connection allows smart contracts to request information from the API as per Telefónica. Even major institutions like the U.S SEC have been hacked using this method. The biggest Spanish telecom company, Telefónica, has joined up with Web3 oracle provider Chainlink to strengthen defenses against SIM swaps, a common way hackers break into systems. Moreover, […]
Highly Anticipated Uniswap V4 Launch Tentatively Set for Q3 2024
The Uniswap V4 engine will have the most thoroughly audited code, ever published on Ethereum. The first stage of the plan, code freeze, is still ongoing. Uniswap, a decentralized crypto exchange, has dropped signals on twitter about the impending release of Uniswap V4, an automated market maker protocol that is non-custodial, non-upgradeable, and permissionless. Uniswap […]
Ripple: Can XRP Surpass $1 Anytime Soon?
Chase, a prominent Bitcoin maximalist, predicts XRP’s potential price won’t reach $1,000, $589, or even $100. Thomas Kralow, a crypto hedge fund manager, envisioned the coin hitting $30 in 2023,. Technical analyst Dark Defender set a target of $1.88. A prominent Bitcoin maximalist, Chase, recently provided a serious yet contrarian prediction for XRP’s potential price. […]
Ethereum Staking Value Reaches $110B as Price Hits Multi-year High
Ethereum staking value has hit $110 billion as the number of ETH locked in the Beacon Chain has reached an all-time high. The network has grown after the Shapella Upgrade. Ethereum staking value has hit a new record of $110 billion as the number of ETH locked in the Beacon Chain has reached an all-time […]