Binance Faces Class-Action Lawsuit: Accused of FTX’s Downfall

Binance and its CEO, Changpeng Zhao, face a class-action lawsuit, accused of using strategic moves to negatively impact competitor FTX and its financial standing. The lawsuit suggests that Zhao used social media, particularly Twitter, to disseminate information and impact FTX’s utility token FTT’s market value. On October 2nd, a class-action lawsuit presented a new arena […]

Did Uptober Clam Down in a Hurry? Is There Any Reason to be Optimistic About the Crypto Markets?

The post Did Uptober Clam Down in a Hurry? Is There Any Reason to be Optimistic About the Crypto Markets? appeared first on Coinpedia Fintech News As is obvious, the bears managed to stall the ongoing uptrend by extracting profits at minor jumps. This behaviour points towards the fear circulating among the market participants, as […]

ADA Price Analysis: Will Cardano Trigger A 35% Jump From $0.25?

The post ADA Price Analysis: Will Cardano Trigger A 35% Jump From $0.25? appeared first on Coinpedia Fintech News Deep into the correction phase, the ADA price fails to hold the 883% gain in early 2023 as the pullback crashes the altcoin. With just 6.50% year-to-date growth in 2023, Cardano plans to reclaim the bullish […]

Bitcoin ($BTC) Might Drop to $21.7K Due to Bearish Mood, so Investors Eye InQubeta ($QUBE) For Astronomical Gains

Bitcoin ($BTC) has maintained its position as a leader in the cryptocurrency market, even as numerous promising altcoins have emerged. Notably, a prominent figure in the crypto community, a Crypto Banter host, has gone on record predicting that Bitcoin’s price may significantly dip to $21,700. This forecast is primarily attributed to the prevailing bearish sentiment […]

Sam Bankman-Fried to Stand Trial on Fraud Charges

Reading Time: 2 minutes   The eagerly-anticipated trial of Sam Bankman-Fried begins today, with the former FTX head facing accusations carrying a potential 170-year prison sentence Bankman-Fried is alleged to have conspired with close friends to divert FTX customer funds to his crypto firm Alameda Research, among other serious charges Bankman-Fried faces a formidable defense […]

Hong Kong’s Crypto Rise: Harbinger for China?

Hong Kong’s rising status as a crypto hub amidst regulatory amicability sparks speculations on China’s evolving stance towards digital assets. The significant crypto activity in Hong Kong, combined with its thriving Over-The-Counter market, reflects a conducive environment for both institutional and retail crypto engagements. As Hong Kong continues to bolster its crypto market, it might […]

ADA Price Analysis: Is Cardano Price About To Experience A Price Jump?

The post ADA Price Analysis: Is Cardano Price About To Experience A Price Jump? appeared first on Coinpedia Fintech News The crypto market displayed a short relief after the consecutive price jump for two days, following which the industry today witnessed a minor correction of nearly 2% in value. Ethereum price, on the other hand, […]

Ethereum ETF Approvals May Signal SEC No Longer Considers ETH a Security

A raft of Ethereum futures exchange-traded funds (ETFs) went live in the United States this week following SEC approval, marking a first for the asset. Moreover, it may be a signal that the Security and Exchange Commission is softening its stance against ETH, according to industry experts. On October 2, nine Ethereum futures ETFs began […]

LayerZero Partners with Conflux for Cross-Chain Messaging in Asia-Pacific!

The post LayerZero Partners with Conflux for Cross-Chain Messaging in Asia-Pacific! appeared first on Coinpedia Fintech News LayerZero, the cross-chain messaging protocol, is partnering with Conflux, a Singapore-registered public blockchain, to expand into the Asia Pacific region and enable users of Conflux’s blockchain-enabled SIM cards to transfer assets and messages between chains using LayerZero. The […]

Will BCH reach $1000?

The crypto industry has been suffering for a while now, barring some exceptional coins. BCH or Bitcoin Cash is one such digital asset. Introduced back in August 2017 through a Bitcoin hard fork, Bitcoin Cash has established a distinct entity now. Based on the market cap, BCH is currently ranked 18th among all cryptocurrencies. In […]