As of December 11, 2023, ethereum exhibits a blend of neutral and bearish trends. Mirroring bitcoin’s trajectory, ether experienced a pronounced decline during the transition from Sunday’s late-night trading into Monday. Ethereum Today, ethereum’s (ETH) value hovers at $2,239, fluctuating within a 24-hour span between $2,217 and $2,376. This fluctuation underscores the notable instability witnessed […]
Google to update ad policy for ‘Crypto Trusts’ ahead of anticipated ETF approvals
Google is set to update its Cryptocurrencies and related products policy in January 2024, explicitly clarifying regulations for the advertisement of Cryptocurrency Coin Trusts. This change, effective from Jan. 29, 2024, will allow advertisers in the United States to promote Cryptocurrency Coin Trusts, given they meet specific criteria and obtain certification from Google. Cryptocurrency Coin […]
Assessing the Potential of New Cryptocurrencies to Rival Established Players Like Solana, Chainlink, and XRP
The post Assessing the Potential of New Cryptocurrencies to Rival Established Players Like Solana, Chainlink, and XRP appeared first on Coinpedia Fintech News TLDR Solana (SOL) is expected to surge to $64.02 by the end of 2023. Rebel Satoshi ($RBLZ)’s presale catches the eye of blockchain ICO investors with a looming surge. Chainlink (LINK) and […]
SBI and Saudi Aramco Forge a Pioneering Partnership in Digital Asset Investments
The post SBI and Saudi Aramco Forge a Pioneering Partnership in Digital Asset Investments appeared first on Coinpedia Fintech News SBI, Japan’s leader in cryptocurrency finance, and Saudi Aramco, the global oil giant, have embarked on a groundbreaking journey together. They are exploring the potential of mutual investments in each other’s digital asset portfolios. Setting […]
Google Revising Crypto Ad Rules Ahead of Expected Bitcoin ETF Launch
In a subtle yet significant move, Google has quietly adjusted its Crypto Ad Guidelines, ahead of the anticipated launch of a Bitcoin Exchange-Traded Fund (ETF) in the US. Beginning January 29, 2024, the search giant’s revised policy will permit advertisers offering “Cryptocurrency Coin Trusts” targeting the United States, provided they meet specific requirements and gain Google’s […]
Morph layer 2 blockchain receives investment from crypto exchange Bitget
The Morph layer 2 consumer-centric blockchain has received a multi-million dollar investment from crypto exchange Bitget. Bitget’s investment into Morph Crypto trading platform Bitget will collaborate with the Morph layer 2 blockchain after announcing a multi-million dollar investment into the project and its “stellar team”. Managing Director of Bitget, Gracy Chen, had the following to […]
French startup Mistral AI closes $415M funding round
The French artificial intelligence startup Mistral AI closed a funding round worth around $415 million as it strives to be the EU’s rival to OpenAI and accelerates the EU AI race. French artificial intelligence (AI) startup Mistral AI has announced it raised €385 million ($415 million) in its latest funding round to develop its technology […]
US Fed 2024 rate cut could prove perfect catalyst for BTC halving
An increase in the U.S. Federal Reserve rate is considered bearish for the crypto market, as it constrains the flow of funds into the market, while a rate cut is seen as bullish, as it boosts risk appetite among investors. Goldman Sachs, the second-largest investment bank in the world, has predicted that the United States […]
Bitcoin Technical Analysis: Bears Take the Reins Clawing BTC’s Price Back
On Monday, the valuation of bitcoin experienced a 3.3% decline within the past day, falling beneath the $42K threshold. Currently positioned at $42,224, bitcoin’s valuation is undergoing a marked shift in the cryptocurrency landscape on Dec. 11, 2023, just two days prior to the forthcoming meeting of the U.S. Federal Reserve. Bitcoin The recent pricing […]
Bitcoin thrives as China combats deflation with fresh liquidity injections
Quick Take Chinese economic trends display a peculiar cycle. In November, China’s inflation rate fell into deflation, marking the second month in succession, with a rate of -0.5%, slightly higher than October’s -0.2%. Historical data shows a pattern: a recession follows simultaneously each time China slips into deflation. Notable instances were around 2000 and 2008, […]