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Stellar (XLM) Price in Limbo: Here Are Two Scenarios for the Future Price

The Stellar (XLM) price has fallen since its yearly high in July and is approaching a long-term horizontal support level at $0.105. While the price has broken out from a short-term descending resistance line, it failed to sustain its upward movement. Stellar Price Continues Descent Towards Support The technical analysis from the weekly time frame […]

Terra Classic Community Urges Binance to Burn USTC Fees for Stability

The post Terra Classic Community Urges Binance to Burn USTC Fees for Stability appeared first on Coinpedia Fintech News Following the unsettling collapse of Terra in May 2022, the Terra Classic community is debating a new proposal aimed at restoring stability to its TerraClassicUSD (USTC) stablecoin. Central to the discussion is a proposition that nudges […]

FTX Bankruptcy Estate Sues Sam Bankman-Fried’s Parents Over Millions in ‘Misappropriated’ Funds

The bankruptcy estate of FTX has taken legal action against Joseph Bankman and Barbara Fried, the parents of the collapsed crypto exchange‘s founder Sam Bankman-Fried, aiming to recover “millions of dollars in fraudulently transferred and misappropriated funds” allegedly taken by the couple. Referring to the defendants as Bankman and Fried, respectively, the debtors of FTX […]

Ethereum’s Market Shift: Optimism Emerges Despite Challenges

ETH’s taker buy-sell ratio demonstrates renewed bullish sentiment since September 10. However, with significant resistance at $2,000, Ethereum investments often yield minimal profits. Understanding the Taker Buy-Sell Ratio: The taker buy-sell ratio, a critical metric in the futures market, is causing ripples in the crypto sphere, specifically for Ethereum (ETH). For those unfamiliar with this […]

Bitcoin Price Prediction: How High Will BTC Price Surge Post 2024 Halving

The post Bitcoin Price Prediction: How High Will BTC Price Surge Post 2024 Halving appeared first on Coinpedia Fintech News Renowne­d analyst PlanB has turned its attention to the future of Bitcoin, indicating an upcoming surge in value that is expected to unfold after April 2024.PlanB suggests that the catalyst for this highly anticipate­d upswing […]

Chainlink (LINK) to pump 20% by 2024

Key Takeaways: Chainlink token LINK has traded within a consolidation channel for over a year. Technicals suggest another 20% jump ahead. On-chain metrics support the bullish target. Read CoinChapter.com on Google News YEREVAN (CoinChapter.com) – Chainlink (LINK) jumped 4% to $6.7 on Sep 19, while its trading volumes soared by nearly 40%. The move came […]

Optimism Announces Third Airdrop Allocations

Optimism, an Ethereum Layer 2 solution, announced its third airdrop, “OP Airdrop #3,” which allocated 19 million OP tokens to 31,870 addresses. The airdrop aimed to incentivize active participation in governance through delegation of voting power. The reward types included government delegation rewards and voting delegate bonuses. Optimism plans to allocate 19% of the initial […]

SEC Faces Setback: Binance.US Inspection Denied by Magistrate Judge After Gary Gensler Requests Court-Ordered DOJ Inspection of the Exchange

Magistrate Judge Zia Faruqui has denied the SEC’s request for immediate access to Binance.US’s software.  Binance.US trading volume plunged to $5.09 million, down from $230 million in September 2022 due to regulatory troubles. In an ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and cryptocurrency exchange Binance.US, a federal magistrate judge has […]

Short-term Bitcoin holders reel as almost all sit in losses

With almost all short-term Bitcoin holders now underwater, a “degree of panic is dominating this group,” Glassnode says. The Bitcoin (BTC) market sentiment has shifted towards the negative for the first time since the end of 2022. Almost 98% of…