A widely followed crypto analyst says that the Federal Reserve will likely keep rates higher for longer at the expense of risk-on assets like altcoins until something breaks. In a new strategy session, crypto trader Benjamin Cowen tells his 788,000 YouTube subscribers that the Federal Reserve won’t care to cut interest rates until the S&P […]
Ripple’s Garlinghouse Blasts Ex-SEC Chair During Interview
Delving into the Ripple Labs lawsuit, we unravel the controversy surrounding XRP’s victory over the SEC, led by Brad Garlinghouse. Continue reading at DailyCoin.
Markets are Approaching Crucial Phase: Here’s When it May Regain $2 Trillion Milestone
The post Markets are Approaching Crucial Phase: Here’s When it May Regain $2 Trillion Milestone appeared first on Coinpedia Fintech News The markets have displayed significant strength over the past few weeks. Bitcoin, on the other hand, is not really accelerating, but it does display some momentum. The market participants continue to remain bewildered, as […]
Can Bitcoin hit 2x its current price?
From a trader’s perspective, a 150% jump in the MVRV ratio means that it could be time to short Bitcoin. But historical data as far back as 2014 showed that a 150% spike in the metric is not enough to stop the current rally.
VanEck: El Salvador’s Bitcoin adoption to fuel economic renaissance
Gabor Gurbacs, a VanEck adviser, believes that El Salvador’s pro-Bitcoin approach might pave the way for it to become the “Singapore of the Americas.” El Salvador, the world’s first country to embrace Bitcoin (BTC) as legal tender, has sparked mixed…
Sam Bankman-Fried Says Alameda Did Not Hedge After $30,000,000,000 Drop in Assets: Report
The disgraced founder of crypto exchange FTX Sam Bankman-Fried reportedly says that Alameda Research did not attempt to hedge after its assets dipped $30 billion in value. According to court transcripts released by Inner City Press on the social media platform X, when questioned by defense attorney Mark Cohen about Alameda’s assets, Bankman-Fried said that […]
BTC ETF speculation sparks meme coin market surge
This past week saw a diverse set of tokens participating in an upswing, and the meme coin Pepe (PEPE) was the star of the show. In the wake of the recent crypto market turbulence, spurred by speculation about Bitcoin spot…
Bitcoin Skyrockets to $35,000 Amidst Economic Turmoil in Turkey and Nigeria
Bitcoin is currently trading at $34k, a slight fall from the $35k trading price after staging a mini rally to break the crucial resistance level. Interestingly, Bitcoin is trading above its peak in Nigeria and Turkey with a current price of 27.4 million ($34.465,41) and 960,000 ($34,115,99) against the Naira and Lira respectively. Bitcoin (BTC) […]
Only 12 Out of 78 Projects Rugpulled in Q3 2023 Were Audited: Report
Research by blockchain security firm Hacken has found that most of the crypto projects rug-pulled in the third quarter of 2023 had no audit reports. According to the Q3 2023 Security Insights report, only 12 out of 78 examined rug pulls conducted and reported audits. Most Rugpulled Projects Are Not Audited An independent third-party audit […]
Revolutionizing SaaS Financing: Sygnum Bank’s Strategic Tokenization Partnership with float
Swiss digital asset bank Sygnum collaborates with European SaaS lender float to tokenize a portion of its portfolio, aiming to enhance liquidity and broaden investor access. Tokenization in private credit markets is gaining momentum, with Fasanara Capital predicting a surge in tokenized assets, expecting this asset class to reach a staggering USD 3.5 trillion by […]