The crypto market is witnessing a remarkable uptrend. This surge is primarily driven by the heightened anticipation of the upcoming US Federal Reserve policy decision. Bitcoin (BTC), a major player in this space, has impressively crossed the $43,000 threshold, signaling a possible advance towards the $50,000 mark. This potential rally is attributed to a combination […]

FTX, the once-dominant cryptocurrency exchange, announced it will not attempt a restart

The post Another Ripple-FUD Surfaces: Will It Impact the XRP Price Rally Ahead? appeared first on Coinpedia Fintech News The XRP price faced a minor pullback as the rounds of a potential hack of 213M XRP worth more than $112M surfaced within the crypto space. Following a clarification from the Ripple co-founder, Chris Larsen, that […]

The Web3 finance landscape has evolved immensely over the last couple of years, something that is made evident by the fact that the industry is projected to grow from its current valuation of $4.42 Billion to approx. $57.72 Billion by 2032. However, despite this immense potential, many experts are of the view that in order […]

TL;DR The United States Securities and Exchange Commission dropped the case against DEBT Box to avoid sanctions, highlighting problems in its handling and drawing pro-XRP criticism against Gary Gensler. The community criticizes Gensler for questionable tactics in previous cases, such as Ripple and Grayscale, while the Commission faces legal problems and lack of evidence. The […]

In the most recent update, Grayscale’s Bitcoin Trust (GBTC) experienced a decrease of 4,461.36 bitcoin, valued at approximately $190.53 million, over the past day. Since Jan. 12, 2024, GBTC has observed a cumulative reduction of about 124,967.54 bitcoin, equivalent to an estimated $5.33 billion. Meanwhile, the nine recently launched spot bitcoin exchange-traded funds have collectively […]

So, 2023 has been pretty epic for Bitcoin. It’s like Bitcoin woke up and decided to flex its muscles big time. We’re talking a massive leap, over 140% in value – that’s huge! It’s not just about topping traditional rivals like gold; it’s also about leaving other cryptocurrencies in the rearview mirror. Let’s dive into […]

Announced today, Tether, the leading stablecoin issuer, has emerged with a robust balance sheet showcasing ownership of over $2.8 billion in Bitcoin. The information comes to light following an audit conducted by BDO, a renowned auditing firm, as detailed in the official auditor’s report. The audited report provides a comprehensive analysis of Tether’s financial standing, […]

New York Community Bancorp (NYCB) faced significant challenges on Wednesday, with its shares plummeting by over 40%, prompting a halt in trading. Currently, NYCB shares have experienced a decline of just above 36%, trading at $6.61 per share. Last Year’s Banking Fears Resurface as NYCB Faces Harsh Earnings Reality Financial challenges have resurfaced with New […]

El Salvador, despite its efforts to promote financial inclusivity and spur economic development by accepting Bitcoin as a legal tender, appears to be encountering difficulties in achieving widespread acceptance of the digital currency. A research survey conducted by a group of economics professors has revealed numerous challenges the country is facing concerning the implementation of […]