The post Why Crypto Market Is Up Today? Will US Elections 2024 Drive More Gains? appeared first on Coinpedia Fintech News The total crypto market cap surged by 2 percent in the past 24 hours to hover about $2.28 trillion on Saturday, October 12, during the early European session. The altcoin industry experienced a knee-jerk reaction after Bitcoin’s (BTC) price surged to a range high of about $63,361 on Friday during the mid-New York session.  The …

The post Why Avalanche’s Smart Move Could Send AVAX to $50 Soon! appeared first on Coinpedia Fintech News A big decision by Avalanche Foundation has sparked this rise and the price of AVAX has surged by 10%. Investors are jumping in and keeping a close watch. So, what happened? Let’s break it down. Smart Move with Luna Foundation Guard (LFG) Back in April 2022, Avalanche sold a large number of AVAX tokens to …

The post Avalanche Foundation Moves to Repurchase AVAX Tokens from Luna Foundation Guard appeared first on Coinpedia Fintech News The Avalanche Foundation has reached an agreement to buy back all AVAX tokens previously sold to the Luna Foundation Guard (LFG) in April 2022. This repurchase is pending approval from the Bankruptcy Court. This strategic move ensures that the LFG does not violate the original terms regarding the tokens’ usage. It also protects the tokens …

The post Ripple CEO Criticizes U.S. SEC: Is SEC Above the Law? appeared first on Coinpedia Fintech News In July 2023, U.S. District Judge Analisa Torres ruled that the XRP token is not a security, a decision seen as a partial win for Ripple Labs and the broader crypto industry. Yet, despite this ruling, the U.S. Securities and Exchange Commission (SEC) remains firm in insisting that XRP is a security. Criticizing the SEC’s …

The post Popcat Rises 2X in a Month But Top Traders Believe this Meme Coin Could Outperform it appeared first on Coinpedia Fintech News The crypto market has taken a hit, but meme coins continue gaining. Popcat is one of the strongest, with a 7% pump today, 33% this week, and 105% this month. Analysts are also pointing to Crypto All-Stars ($STARS) as the next project that could provide big gains, with its presale just surpassing $2.1 million. Popcat …

The post Why the SEC Keeps Postponing Ether ETF Options ? appeared first on Coinpedia Fintech News The U.S Securities and Exchange Commission has again delayed the decision about another crypto listing. According to the October 11 filing, the commission has delayed decisions about options tied to Ether exchange traded funds (ETFs). Let’s explore what investors were hoping and what is happening. Another Postponement for Ether ETF Options On October 11, the …

The post 62% of Traders Go Long on SUI, Buy Signal? appeared first on Coinpedia Fintech News The overall cryptocurrency market is recovering impressively. Amid this, the SUI layer-1 blockchain is poised for a significant rally as its on-chain metrics flash a potential buy signal. SUI has shown impressive growth of 175% since the beginning of September 2024, and now investors and traders are making big bets on this layer-1 token. SUI …

The post Jim Cramer’s Bold Call: Will Solana Skyrocket? appeared first on Coinpedia Fintech News The overall cryptocurrency market is experiencing an impressive recovery, amid this former hedge fund manager and host of CNBC’s Mad Money, Jim Cramer made a big call. He recently predicted that Kamala Harris would win the upcoming presidential election and added, “I don’t see how Trump wins.” Jim Cramer’s Inverse Nature Following Cramer’s prediction, there …

The post BlackRock Sells Bitcoin, Buys Ethereum, Bullish Sign for Crypto? appeared first on Coinpedia Fintech News Despite Bitcoin’s (BTC) impressive price recovery, asset management giant BlackRock made a significant move that caught the attention of crypto enthusiasts. Recently, the blockchain-based transaction tracker Lookonchain made a post on X (previously Twitter) that BlackRock sold 182 BTC worth $11.34 million. BlackRock Increase ETH Holding Following this massive sell-off, the asset manager purchased a …

The post NEIRO is the Next PEPE? Whales Increasing Holdings appeared first on Coinpedia Fintech News Amid confusion in the cryptocurrency market, it appears that crypto whales found the next Pepe (PEPE), with the potential to soar 100% in the coming days. On October 11, 2024, the blockchain-based transactions tracker Lookonchain made a post on X (previously Twitter) that the founder of a trading firm has acquired a massive 0.4% circulating …