BRICS has expanded from 5 member states to 11 with the new members strengthening the bloc’s security in global energy influence. It is estimated that the bloc will cover nearly 38.5 percent of the world’s GDP by 2028 and hold a vast amount of global resources. BRICS has recently added 6 new member states to […]
Bitcoin Price Prediction 2023 – 2025: Insights from Billionaires and Experts
The post Bitcoin Price Prediction 2023 – 2025: Insights from Billionaires and Experts appeared first on Coinpedia Fintech News Luke Mikic, a respected figure in cryptocurrency, has brought to our attention some exciting predictions made by billionaires and long-time Bitcoin enthusiasts for 2023. Ric Edelman, who started a massive $241 billion company, believes that Bitcoin could be […]
4-Year Slumber Ends: Dormant Ether Wallet Converts to $4.19M in Stablecoins
Another dormant Ethereum address has woken up from a slumber after four years. The wallet received approximately 2,594 ETH on November 27th, 2018, worth at the time $285,836. In recent weeks, several whale addresses, which were previously inactive, had been waking up. This coincided with a slight positive change in the crypto market after weeks […]
Shibarium Achieves New High as This Important Metric Spikes
Shibarium has reached important new milestone, here’s what this is about
Ripple CEO takes crypto regulatory clarity fight to Washington
Ripple (XRP) CEO Brad Garlinghouse met with unnamed members of the U.S. Congress on Sept. 19 to discuss issues about regulatory clarity of the crypto industry. In a Sept. 19 post on social media platform X (formerly Twitter), Garlinghouse revealed that he was in Washington, D.C., alongside other top executives of the crypto company, including […]
Horizen to remove privacy transactions in upcoming hard fork
A major update proposed by Horizen Labs is set to remove shielded transactions from the blockchain network. Horizen, a layer-0 blockchain network, will undergo a scheduled hard fork to remove privacy features on Sept. 26. According to Horizen’s announcement on…
Volatility in $25 Trillion U.S. Treasury Market Slides. Here’s Why It Matters to Crypto
Reduced bond volatility stabilizes leveraged financing, allowing the rehypothecation of collateral to create money. In other words, it alleviates liquidity stress in the global market, incentivizing higher borrowing and gearing of portfolios. That is a positive outcome for risk assets like bitcoin and stocks. Higher bond market volatility does the opposite, forcing leveraged players to […]
Grayscale officially abandons post-Merge PoW Ethereum tokens
One year after the Ethereum Merge, Grayscale has finally taken a decision to abandon all the rights to proof-of-work Ethereum tokens.
USDC goes live on Polkadot’s Asset Hub
Polkadot has announced that USDC is live in its Asset Hub, enabling parachains to access the stablecoin without having to leverage the capabilities of a bridge. It is likely to contribute to liquidity for parachains. USDC is a stablecoin that is pegged to the US dollar in a 1:1 ratio. It carries the flag of […]
Stanford to return millions in FTX donations amid lawsuit alleging misuse by SBF’s parents
Stanford University plans to return millions of dollars it received from the now-bankrupt crypto exchange FTX and its affiliate companies, according to Bloomberg, This decision comes amidst a lawsuit from FTX advisers seeking to reclaim funds owed to the exchange’s customers. The lawsuit alleges that Allan Joseph Bankman and Barbara Fried, parents of FTX co-founder […]