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Cardano (ADA) Price Could Soar 30%, but There’s a Catch
The post Cardano (ADA) Price Could Soar 30%, But There’s a Catch appeared first on Coinpedia Fintech News
ADA, the native token of the Cardano blockchain, is poised to break its silence after remaining in a downtrend for the past three weeks. The potential reasons behind this bullish outlook include the current market sentiment and the positive price action that ADA has displayed in recent days.
ADA Technical Analysis and Upcoming level
Since the beginning of December 2024, ADA has experienc
ADA, the native token of the Cardano blockchain, is poised to break its silence after remaining in a downtrend for the past three weeks. The potential reasons behind this bullish outlook include the current market sentiment and the positive price action that ADA has displayed in recent days.
ADA Technical Analysis and Upcoming level
Since the beginning of December 2024, ADA has experienc
XRP At Make-or-Break Level, Can It Hold $2.15?
The post XRP at Make-or-Break Level, Can It Hold $2.15? appeared first on Coinpedia Fintech News
XRP, the native token of Ripple Labs, is making waves amid ongoing market uncertainty. Over the past few days, the overall cryptocurrency market has faced downside momentum.
XRP Current Outlook
Despite this, XRP has held its crucial support level at the $2.15 mark for the last five trading days. Meanwhile, major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), have
XRP, the native token of Ripple Labs, is making waves amid ongoing market uncertainty. Over the past few days, the overall cryptocurrency market has faced downside momentum.
XRP Current Outlook
Despite this, XRP has held its crucial support level at the $2.15 mark for the last five trading days. Meanwhile, major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), have
Hyperliquid Faces $60 Million USDC Outflow Amid North Korean Hacking Rumors, Denies Any Exploit
The post Hyperliquid Faces $60 Million USDC Outflow Amid North Korean Hacking Rumors, Denies Any Exploit appeared first on Coinpedia Fintech News
The decentralized exchange (DEX) Hyperliquid is facing significant turbulence as it recorded $60 million in USDC outflows amid rumors that North Korean hacking groups are actively targeting the platform. This has also impacted its native token HYPE which plunged by over 10% over the past 24 hours. Cybersecurity expert Tayvano revealed on December 22 t
The decentralized exchange (DEX) Hyperliquid is facing significant turbulence as it recorded $60 million in USDC outflows amid rumors that North Korean hacking groups are actively targeting the platform. This has also impacted its native token HYPE which plunged by over 10% over the past 24 hours. Cybersecurity expert Tayvano revealed on December 22 t
Usual Raises $10 Million in Series a Funding Round Led By Kraken, Binance Labs
The post Usual Raises $10 Million in Series A Funding Round Led By Kraken, Binance Labs appeared first on Coinpedia Fintech News
In a latest development, Usual has secured substantial funding of $10 million in its Series A round, led by Binance Labs and Kraken Ventures. Other backers included Galaxy Ventures, Guy from Ethena, Ondo, Coinbase Ventures, IOSG Ventures and OKX Ventures. Usual has distinguished itself in the competitive stablecoin market with its unique approach to digital currency.
In a latest development, Usual has secured substantial funding of $10 million in its Series A round, led by Binance Labs and Kraken Ventures. Other backers included Galaxy Ventures, Guy from Ethena, Ondo, Coinbase Ventures, IOSG Ventures and OKX Ventures. Usual has distinguished itself in the competitive stablecoin market with its unique approach to digital currency.
IRS Rules Crypto Staking Rewards Taxable in Ongoing Lawsuit
The post IRS Rules Crypto Staking Rewards Taxable In Ongoing Lawsuit appeared first on Coinpedia Fintech News
As per the latest Bloomberg report, the Internal Revenue Service (IRS) has officially said that crypto staking is taxable, stating that tax liabilities arise as soon as staking rewards are received.
IRS Rules Crypto Staking Triggers Tax Liability Immediately
This ruling comes amidst an ongoing lawsuit from Joshua and Jessica Jarrett, a Tennessee couple staking on the Tezos network, wh
As per the latest Bloomberg report, the Internal Revenue Service (IRS) has officially said that crypto staking is taxable, stating that tax liabilities arise as soon as staking rewards are received.
IRS Rules Crypto Staking Triggers Tax Liability Immediately
This ruling comes amidst an ongoing lawsuit from Joshua and Jessica Jarrett, a Tennessee couple staking on the Tezos network, wh
Nokia Files Patent for Digital Asset Encryption
The post Nokia Files Patent for Digital Asset Encryption appeared first on Coinpedia Fintech News
In a significant development for the tech and blockchain sectors, Finnish telecom giant Nokia has filed for a patent related to the encryption of digital assets. On December 23, the China National Intellectual Property Administration (CNIPA) disclosed a patent application that outlines a device, method, and computer program aimed at encrypting digital assets.
The patent application also revealed
In a significant development for the tech and blockchain sectors, Finnish telecom giant Nokia has filed for a patent related to the encryption of digital assets. On December 23, the China National Intellectual Property Administration (CNIPA) disclosed a patent application that outlines a device, method, and computer program aimed at encrypting digital assets.
The patent application also revealed
XRP Lawsuit News: Expert Reveals If Atkins Will Dismiss the Case
The post XRP Lawsuit News: Expert Reveals if Atkins Will Dismiss The Case appeared first on Coinpedia Fintech News
The XRP lawsuit against Ripple has important court dates coming up. The U.S. Court of Appeals has set deadlines for the case. Ripple must submit a mediation questionnaire by December 23, 2024, and an opening brief by March 6, 2025. Ripple must respond to the brief by April 7, 2025. However, a potential U.S. government shutdown could cause delays in the case.
Ripple is still hopefu
The XRP lawsuit against Ripple has important court dates coming up. The U.S. Court of Appeals has set deadlines for the case. Ripple must submit a mediation questionnaire by December 23, 2024, and an opening brief by March 6, 2025. Ripple must respond to the brief by April 7, 2025. However, a potential U.S. government shutdown could cause delays in the case.
Ripple is still hopefu
Bloomberg’s Mike McGlone Explains BTC Reversal, Analysts Predict Potential Crash
The post Bloomberg’s Mike McGlone Explains BTC Reversal, Analysts Predict Potential Crash appeared first on Coinpedia Fintech News
Bloomberg’s chief commodity strategist Mike McGlone in a latest X post has shared why the Bitcoin price has reversed and went way below its recent all time high of $108,268 and has dropped even further to $93,000, at the moment.
Has Bitcoin/Gold Peaked? Just a bit of normal reversion in stretched risk assets may be what peaking #Bitcoin / #gold is sniffing out, an
Bloomberg’s chief commodity strategist Mike McGlone in a latest X post has shared why the Bitcoin price has reversed and went way below its recent all time high of $108,268 and has dropped even further to $93,000, at the moment.
Has Bitcoin/Gold Peaked? Just a bit of normal reversion in stretched risk assets may be what peaking #Bitcoin / #gold is sniffing out, an
Ripple News: Gary Cardone Says Brad Garlinghouse Failed XRP Investors on ‘60 Minutes’
The post Ripple News: Gary Cardone Says Brad Garlinghouse Failed XRP Investors on ‘60 Minutes’ appeared first on Coinpedia Fintech News
Ripple CEO Brad Garlinghouse appeared in a recent 60 Minutes interview, which provided exposure for both Ripple and the broader cryptocurrency industry. However, the interview also faced criticism for including comments from John Reed Stark, a vocal critic of crypto, who dismissed it as a scam with no utility. His views align with those of SEC Chairman Gary Gen
Ripple CEO Brad Garlinghouse appeared in a recent 60 Minutes interview, which provided exposure for both Ripple and the broader cryptocurrency industry. However, the interview also faced criticism for including comments from John Reed Stark, a vocal critic of crypto, who dismissed it as a scam with no utility. His views align with those of SEC Chairman Gary Gen
MicroStrategy Debuts on Nasdaq-100, Boosting Bitcoin Exposure and ETF Inflows
The post MicroStrategy Debuts on Nasdaq-100, Boosting Bitcoin Exposure and ETF Inflows appeared first on Coinpedia Fintech News
In the latest development, Bitcoin proxy MicroStrategy has officially debuted on the Nasdaq-100. Data from NASDAQ revealed that Palantir PLTR and Axon Enterprise AXON joined the Nasdaq 100 alongside MicroStrategy. They replaced Illumina (ILMN), Super Micro (SMCI), and Moderna (MRNA), with the reconstituted index set to begin trading on Dec. 23.
NASDAQ 100 Gains Indire
In the latest development, Bitcoin proxy MicroStrategy has officially debuted on the Nasdaq-100. Data from NASDAQ revealed that Palantir PLTR and Axon Enterprise AXON joined the Nasdaq 100 alongside MicroStrategy. They replaced Illumina (ILMN), Super Micro (SMCI), and Moderna (MRNA), with the reconstituted index set to begin trading on Dec. 23.
NASDAQ 100 Gains Indire
Time to Buy Solana? Expert Reveals SOL Flashing Buy Signal
The post Time to Buy Solana? Expert Reveals SOL Flashing Buy Signal appeared first on Coinpedia Fintech News
Solana (SOL), the world’s fifth-largest cryptocurrency by market cap, has experienced a notable price decline in recent days.
Solana (SOL) Flashing Buy Signal, Expert Says
Amid this continuous price drop, a prominent crypto expert posted on X (previously Twitter) that the technical indicator TD Sequential is flashing a buy signal for Solana (SOL) on its daily time frame.
The TD Seque
Solana (SOL), the world’s fifth-largest cryptocurrency by market cap, has experienced a notable price decline in recent days.
Solana (SOL) Flashing Buy Signal, Expert Says
Amid this continuous price drop, a prominent crypto expert posted on X (previously Twitter) that the technical indicator TD Sequential is flashing a buy signal for Solana (SOL) on its daily time frame.
The TD Seque
Polkadot Falters While Dogecoin Rival Climbs 12,000% in Pre-Listing Trades
The post Polkadot Falters While Dogecoin Rival Climbs 12,000% in Pre-Listing Trades appeared first on Coinpedia Fintech News
As one well-known digital coin faces a decline, a newcomer associated with a popular meme-themed currency is soaring to unexpected heights. Before even being officially listed, this fresh contender’s value has skyrocketed by an astonishing 12,000%. This dramatic rise raises questions about the forces behind it and its potential impact on the cryptocurrency market.
DOGEN
As one well-known digital coin faces a decline, a newcomer associated with a popular meme-themed currency is soaring to unexpected heights. Before even being officially listed, this fresh contender’s value has skyrocketed by an astonishing 12,000%. This dramatic rise raises questions about the forces behind it and its potential impact on the cryptocurrency market.
DOGEN
Despite Multiple Rejections At $4000, Here’s Why You Need to Be Bullish on Ethereum (ETH) Price R...
The post Despite Multiple Rejections At $4000, Here’s Why You Need to be Bullish on Ethereum (ETH) Price Rally in 2025 appeared first on Coinpedia Fintech News
Ethereum faced a major rejection at $4000 and this has happened for the 3rd time in 2024, raising concern for the next price action. The markets are heading towards the end of the yearly trade but the price of the second-largest token continues to juggle within a narrow range. While some of the indicators point towards a bearish close, o
Ethereum faced a major rejection at $4000 and this has happened for the 3rd time in 2024, raising concern for the next price action. The markets are heading towards the end of the yearly trade but the price of the second-largest token continues to juggle within a narrow range. While some of the indicators point towards a bearish close, o
Thinking About Bitcoin? Here Are Altcoins Set to Deliver Greater Returns By 2025
The post Thinking About Bitcoin? Here Are Altcoins Set to Deliver Greater Returns by 2025 appeared first on Coinpedia Fintech News
Bitcoin has surged past the $100,000 mark, capturing global attention. Yet, some alternative cryptocurrencies are showing potential for even more remarkable growth soon. With altcoins like XRP, TRX, and SOL hitting new all-time highs, interest is turning toward digital assets that might outperform. This article delves into promising cryptocurrencies poised for signi
Bitcoin has surged past the $100,000 mark, capturing global attention. Yet, some alternative cryptocurrencies are showing potential for even more remarkable growth soon. With altcoins like XRP, TRX, and SOL hitting new all-time highs, interest is turning toward digital assets that might outperform. This article delves into promising cryptocurrencies poised for signi
Top 5 Blockchains By TVL in 2024: Eth Dominates DeFi
The post Top 5 Blockchains by TVL in 2024: Eth Dominates DeFi appeared first on Coinpedia Fintech News
If you are into DeFi, you definitely have heard the term “Total Value Locked” before. It’s basically a way to measure how much value is secured within the smart contracts of a blockchain. The higher the TVL, the more adoption a blockchain usually has in DeFi. Here are the top 5 blockchains by TVL that are ruling the DeFi space: Ethereum, Tron, Solana, Binance Smart Chain (BSC), and Arbitrum.
If you are into DeFi, you definitely have heard the term “Total Value Locked” before. It’s basically a way to measure how much value is secured within the smart contracts of a blockchain. The higher the TVL, the more adoption a blockchain usually has in DeFi. Here are the top 5 blockchains by TVL that are ruling the DeFi space: Ethereum, Tron, Solana, Binance Smart Chain (BSC), and Arbitrum.
Ripple CLO Calls for End to 4-Year SEC Battle: XRP to Soar to $3!
The post Ripple CLO Calls for End to 4-Year SEC Battle: XRP To Soar to $3! appeared first on Coinpedia Fintech News
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) which began in December 2020 with the arrival of Joe Biden as US president has now continued for 4 long years. Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, is calling for its end and urging the incoming Donald Trump administration to conclude this legal battle.
Alderoty’s Request to
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) which began in December 2020 with the arrival of Joe Biden as US president has now continued for 4 long years. Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, is calling for its end and urging the incoming Donald Trump administration to conclude this legal battle.
Alderoty’s Request to
Crypto News Today (Dec 23, 2024): Bitcoin ETFs Dominate While Market Trades Sideways?
The post Crypto News Today (Dec 23, 2024): Bitcoin ETFs Dominate While Market Trades Sideways? appeared first on Coinpedia Fintech News
The crypto market today witnessed a minor pullback over the previous day. As a result, the market cap of the industry took a blow of 0.95% to $3.32 trillion. The trading volume too saw a modest fall of 2.05% to $152.63 billion. The Fear & Greed Index today mirrored the reddish numbers, by signalling a “Neutral” score of 54.
Bitcoin Sees ETF Inflows Despite Pri
The crypto market today witnessed a minor pullback over the previous day. As a result, the market cap of the industry took a blow of 0.95% to $3.32 trillion. The trading volume too saw a modest fall of 2.05% to $152.63 billion. The Fear & Greed Index today mirrored the reddish numbers, by signalling a “Neutral” score of 54.
Bitcoin Sees ETF Inflows Despite Pri
Binance Expands Offerings With HIVE Futures and BIO Protocol Launch
The post Binance Expands Offerings with HIVE Futures and BIO Protocol Launch appeared first on Coinpedia Fintech News
Binance introduced HIVE/USDT perpetual contracts with up to 75x leverage, boosting HIVE’s price by 11% to $0.41. The exchange also unveiled BIO Protocol as its 63rd Launchpool project, enabling users to farm BIO tokens by staking BNB and FDUSD. BIO focuses on Decentralized Science (DeSci), with farming running from December 24 to January 2 and trading commencing on January 3. Th
Binance introduced HIVE/USDT perpetual contracts with up to 75x leverage, boosting HIVE’s price by 11% to $0.41. The exchange also unveiled BIO Protocol as its 63rd Launchpool project, enabling users to farm BIO tokens by staking BNB and FDUSD. BIO focuses on Decentralized Science (DeSci), with farming running from December 24 to January 2 and trading commencing on January 3. Th
Roam DePIN Hits Major Milestone With 1.7 Million Users
The post Roam DePIN Hits Major Milestone with 1.7 Million Users appeared first on Coinpedia Fintech News
Roam, a decentralized wireless network, has emerged as the largest DePIN globally, with over 1 million nodes and 1.7 million users. Its adoption surged following the launch of Roam eSIM, doubling its user base in just 50 days. Roam’s ecosystem combines Wi-Fi nodes, routers, and eSIMs, offering secure and low-cost solutions while incentivizing user participation. The platform’s 2025 roadmap i
Roam, a decentralized wireless network, has emerged as the largest DePIN globally, with over 1 million nodes and 1.7 million users. Its adoption surged following the launch of Roam eSIM, doubling its user base in just 50 days. Roam’s ecosystem combines Wi-Fi nodes, routers, and eSIMs, offering secure and low-cost solutions while incentivizing user participation. The platform’s 2025 roadmap i
Market Crash Ahead? Mt. Gox Moves $49.3 Million in Bitcoin
The post Market Crash Ahead? Mt. Gox Moves $49.3 Million in Bitcoin appeared first on Coinpedia Fintech News
Amid ongoing market uncertainty, the defunct crypto exchange Mt. Gox has captured everyone’s attention after transferring a million dollars worth of Bitcoin (BTC). Today, December 23, 2024, blockchain-based intelligence firm Arkham posted on X (formerly Twitter) that Mt. Gox has moved a substantial $49.3 million worth of BTC.
Mt. Gox Moves $49.3 Million in Bitcoin (BTC)
The post on X f
Amid ongoing market uncertainty, the defunct crypto exchange Mt. Gox has captured everyone’s attention after transferring a million dollars worth of Bitcoin (BTC). Today, December 23, 2024, blockchain-based intelligence firm Arkham posted on X (formerly Twitter) that Mt. Gox has moved a substantial $49.3 million worth of BTC.
Mt. Gox Moves $49.3 Million in Bitcoin (BTC)
The post on X f
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