Coinspeaker Dow Records 158 Point Rise on Thursday as Economic Data Shows General Improvement The Dow Jones Industrial Average (DIJA) ended Thursday higher even as the 10-year Treasury fell below 4%. The Dow’s rise corresponds with an increase in retail sales, providing an optimistic outlook on the economy as the year comes to an end. […]

Coinspeaker Celestia (TIA), Injective (INJ), Neon EVM (NEON) Hits New ATHs The crypto market is once again abuzz with excitement as three major tokens, Celestia (TIA), Injective (INJ), and Neon EVM (NEON), have reached new all-time highs, showcasing the dynamic nature of the crypto space. Celestia (TIA): Surging to the Stars Celestia (TIA) has experienced […]

SafeMoon has filed for Chapter 7 bankruptcy as a whirlwind of accusations of fraud and mismanagement surrounding the once-thriving protocol. SafeMoon founders Kyle Nagy, Thomas Smith, and Braden Karony have been accused of wilfully misleading investors and face a $200 million SEC lawsuit for securities fraud.  SafeMoon Files For Bankruptcy  SafeMoon officially filed for Chapter […]

The crypto market is no stranger to innovation, and the inception of green tokens has kept this tendency alive. Also known as sustainable or eco-friendly crypto, green tokens are an emerging category of virtual assets. These assets focus on minimizing the environmental impact. Green tokens aim to reduce blockchain technology’s energy-intensive properties, such as the […]

Filecoin recently announced the completion of its Watermelon Upgrade (nv21). The announcement was made on one of the official X/Twitter accounts of Filecoin. The tweet read that nv21 (network version 21) will deliver FVM improvements, protocol enhancements, and new features to simplify SP operations. Two of the most major changes that will improve data onboarding […]

Under the new taxes, Brazilian citizens will pay the state up to 15% of their crypto profits. The President of Brazil, Luis Inácio Lula da Silva, has signed a law introducing taxes on crypto assets held abroad by Brazilian citizens.  Lula signed the law on Dec. 12, which was then published the following day in the Diário […]

The white paper states that CBDCs help expand financial inclusion, streamlining cross-border payments and reinforcing monetary policy control. Ripple has doubled down on its public support for central bank digital currencies (CBDCs) in a new white paper. The 23-page document was released by the blockchain-based digital payments company on Dec. 14. In the document, Ripple […]

Bitcoin stands to enjoy further relief if its standard relationship to DXY weakness holds firm, as the dollar shrinks on Fed “pivot” bets. Bitcoin (BTC) may enjoy a familiar tailwind in the coming weeks and even beyond if new macro forces continue to play out. In a post on X (formerly Twitter) on Dec. 14, […]

Quick Take The provided graph showcases Bitcoin’s (BTC) funding rates on various digital asset exchanges, signaling the market sentiment by illustrating a 7-day moving-average annual percentage yield (APY). Noteworthy is KuCoin’s significantly higher funding rate at 22% APY, according to The Block, a positive number that suggests a bullish sentiment. This rate implies long position […]

The post XRP’s Potential Amidst Regulatory Milestones and Technological Advancements appeared first on Coinpedia Fintech News In the dynamic world of cryptocurrencies, XRP has often been a topic of heated debate. Recently, Panos, the acclaimed author of ‘Understanding Crypto Economy,’ has shed light on the potential upsides of XRP, offering a bullish counterpoint to the […]