The post Tether’s Bold Leap: $1 Billion USDT Minted for Future Crypto Demands appeared first on Coinpedia Fintech News To strengthen its financial reserves, Tether, the entity responsible for the world’s largest stablecoin USDT, has recently affirmed the creation of an additional one billion USDT. This notable initiative, termed an ‘inventory replenishment,’ is crucial to […]

The post Crypto & Blockchain Tycoons’ Wealth Skyrockets: Unveiling Crypto Profits in 2023 appeared first on Coinpedia Fintech News As per the Bloomberg report, In 2023, several Bitcoin owners saw a significant increase in their wealth despite facing legal challenges. This year has been especially profitable for them, as shown by their rising net worth. […]

Solana price started a strong increase above the $88.00 resistance against the US Dollar. The price is now trading above $100 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $100 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair […]

In the crypto sphere, a notable influx of $24.2 billion has propelled the global cryptocurrency market to a new record, indicating a potential bullish trend. This surge, reaching its highest point since December 2021, dismisses any holiday slowdown. Bitcoin, Ethereum, and Solana are at the forefront, collectively absorbing an impressive $103 million in just one […]

“Go run the script or admit that you’re just virtue signaling on twitter and are uninterested in stopping inscriptions,” said Rijndael, a Taproot Wizards contributor.

The Korea Premium Index reached levels similar to the time when Bitcoin hit its peak in November 2021. Korean retail investors were willing to pay a premium for Bitcoin’s purchase. Bitcoin’s [BTC] demand in the U.S., the biggest financial center of the world, increased manifold even as institutional investors in the country started placing their […]

The recent pushback by the US Securities and Exchange Commission (SEC) over Bitcoin (BTC) Exchange-Traded Funds (ETFs) has prompted BlackRock to rethink its strategy. The investment management firm said it will now be allowing cash-only redemptions with its Bitcoin ETF. A filing shows that BlackRock tweaked its proposal to pave the way for cash-only redemptions. […]

The SEC has set a December 29 deadline for final amendments to Spot Bitcoin ETF applications. Market anticipation is high for a potential mass approval by January 10, impacting major companies like BlackRock and Grayscale Investments. The SEC’s latest requirement for Bitcoin ETF filers to identify their authorised participants (AP) and switch from “in-kind” redemptions […]

Mina has seen a significant rally of over 80% in the past week, potentially spurred by rumours of collaborations with Arbitrum and Cardano. Near Protocol, has also seen a significant 80% growth in the past week, bolstered by its technological advancements, major partnerships, and an expanding user base. Optimism, a Layer 2 scaling solution for […]

Cardano is still the king of active developers after claiming the number one spot in Santiment’s last developer report in October. Kusama (KSM) has surged 180% while also rocketing up the list of projects with active developers. Active development is a great indicator of ecosystem health but doesn’t necessarily mean a cryptocurrency will go up […]