Coinbase CEO Brian Armstrong suggested utilizing Bitcoin (BTC) instead of building a new currency from scratch in response to Brazil and Argentina’s joint venture to establish a shared currency. Brazil and Argentina will meet during a summit in Buenos Aires to discuss a more detailed plan, according to the Financial Times (FT). The as-yet-unnamed currency […]
After Bitcoin reached $23k, is Ethereum poised to reach $2,000 till end of January?
Ethereum gains strong momentum and could rally further to $1730 in the higher-high chart formation. If the RSI strength continues and supports the current rally, ETH can retest the psychological levels of $2,000. Over the last weekend, Bitcoin and the broader cryptocurrency market continue their rally with the BTC price surging all the way to […]
Bitcoin Takes The Spotlight As Brazil And Argentina Mulls Creating A Common Currency
This week, Brazil and Argentina are set to declare the initiation of preparations for a shared currency, a move that could result in the formation of the world’s second-largest currency bloc. According to a report by Financial Times, the two countries will discuss the concept at an upcoming summit in Buenos Aires and invite other […]
Bitcoin (BTC) Price At A Major Crossroads: Will The Bulls Or Bears Prevail?
The post Bitcoin (BTC) Price At A Major Crossroads: Will The Bulls Or Bears Prevail? appeared first on Coinpedia Fintech News The price of Bitcoin rallied to $23,199 on Saturday, following a 33% increase over the past two weeks. While this rally saw Bitcoin reach its highest level since August 2022, on-chain analytics firm CryptoQuant […]
Aptos (APT) gains 60% in price over weekend
APT, a native token of layer 1 proof-of-stake blockchain launched by former Meta developers, has been making waves in the stock market this week, with impressive gains of up to 60% on the weekend. What caused the Aptos price rally On Dec.…
Former President of FTX US Raises $5 Million for New Cryptocurrency Firm
The post Former President of FTX US Raises $5 Million for New Cryptocurrency Firm appeared first on Coinpedia Fintech News Former FTX US President Brett Harrison has raised $5 million for a new cryptocurrency firm from Coinbase Ventures and Circle Ventures. In light of his close relationship with Sam Bankman-Fried and his troubled cryptocurrency exchange, […]
John Deaton Predicts the Fate of Bitcoin (BTC), Ethereum (ETH) & XRP After 5 Years
The post John Deaton Predicts the Fate of Bitcoin (BTC), Ethereum (ETH) & XRP After 5 Years appeared first on Coinpedia Fintech News It appears that cryptocurrencies are recovering from a phase of collapse in the industry, which was caused by FTX and Alameda. On significant spot exchange platforms, Bitcoin (BTC) briefly jumped to $23,330 […]
FTX collapse triggers 250k Bitcoin wipeout in Futures Open Interest
Definition Future’s Open Interest (OI) is the total amount of funds allocated in open futures contracts. While the Estimated Leverage Ratio is defined as the ratio of the OI in futures contracts and the balance of the corresponding exchange. Quick Take Almost 250k Bitcoin has been wiped in futures OI in the past three months […]
Voltichange Expands Market Reach with Widget and Deflationary Strategy
Volt Inu has recently launched its Voltichange DEX, a deflationary exchange that promises to revolutionize the crypto market. The platform allows users to trade any ERC20 or BEP20 token with a 0.25% fee that the system burns and a 0.25% buyback for its native VOLT token. Volt Inu has also released a widget for all […]
More Charges for Mango Markets Manipulator Avraham Eisenberg
Reading Time: 2 minutesAvraham Eisenberg has been hit with more charges relating to his activities on the Mango Markets platform Eisenberg was charged stealing crypto assets worth $116 million by the SEC Eisenberg was arrested last month and will now be deported to New York to face three charges 2023 has gotten worse for Avraham […]