The post Time to Buy XRP? $60.7M in XRP Outflow from Exchanges Amid Crash appeared first on Coinpedia Fintech News XRP, the native token of Ripple Labs, is poised for a massive price decline as it fails to hold a crucial support level. Despite this bearish outlook, long-term holders appear to be accumulating the tokens and seem to be taking advantage of the recent price decline, as reported by the on-chain analytics firm Coinglass. XRP …

The post Cardano (ADA) Price Prediction for January 8 appeared first on Coinpedia Fintech News Amid the ongoing market crash, Cardano (ADA) has turned bearish and is poised to continue its price decline. Today, January 8, 2024, the sentiment across the cryptocurrency market has shifted, as the overall cryptocurrency market dropped by 5.5%. Cardano (ADA) Technical Analysis and Upcoming Levels  This market crash has caused a breakdown of the four-day-long …

The post Coinbase Secures Legal Victory as Court Approves Interlocutory Appeal in SEC Case appeared first on Coinpedia Fintech News In a latest development, Coinbase Global Inc has once again achieved a big win in its ongoing legal battle against the US SEC. Coinbase CLO Paul Grewal, in a latest X post shared that the court, led by Judge Catherine Polk Failla, has approved Coinbase’s request for an interlocutory appeal. This case involves charges from …

The post Trump Promises To Cut Taxes, Slash Regulations, and Boost Incomes appeared first on Coinpedia Fintech News At a press conference on Tuesday, President-elect Trump commented on the state of the US economy – “Inflation is continuing to rage, and interest rates are far too high.” With Trump set to officially return to office on January 20th, some in the crypto world are buzzing about the possibility of a massive market rally. …

The post Matt Hougan Reacts To Czech Republic’s Bitcoin Reserve Plans appeared first on Coinpedia Fintech News In an interview, Aleš Michl, the Governor of the Czech National Bank, revealed they are weighing how to diversify the country’s reserves with Bitcoin. However, he added that there are no active strategies in place to make this move yet.  Despite the lack of concrete plans, the Governor noted that “Bitcoin is an interesting option …

The post Why is the Crypto Market Down Today? appeared first on Coinpedia Fintech News Today, January 7, 2024, the overall cryptocurrency market is witnessing a significant price decline, resulting in long liquidations worth hundreds of millions. Amid this market downturn, Bitcoin (BTC), the world’s largest digital asset by market capitalization, has dropped by more than 5%. $293 Million of Crypto Liquidation  This significant price decline brought BTC down from …

The post Thumzup Media Corp Adds $1 Million in Bitcoin To Its Balance Sheet appeared first on Coinpedia Fintech News In the latest development, publicly traded company Thumzup Media Corp announced that it has added $1 million in Bitcoin to its balance sheet. On January 6, 2025, Thumzup Media Corporation purchased 9.783 Bitcoins for $1,000,020, at an average price of $102,220 per Bitcoin, inclusive of fees and expenses. $TZUP just filed an 8-K with the SEC …

The post Bitcoin Drop Triggers $206M Liquidations In An Hour appeared first on Coinpedia Fintech News Bitcoin lost its bullish track as its price dropped to a low of $97,207, with the 4% decline pulling the global crypto market cap down 4.5% to $3.44 trillion. In the last 24 hours, total liquidations reached $388 million, with over $206 million occurring in just one hour. Most of these liquidations were from long …

The post Bitcoin Price Dips After Reaching $102K: Is $95K Next? appeared first on Coinpedia Fintech News Bitcoin price is down by more than four percent in the last 24 hours and is trading below the $98k mark at the time of writing. Analyst Crypto Capo recently said that the market might see a 5 to 15 percent drop soon and said that that could be a great ‘buy the dip’ opportunity. …

The post KULR Technology CEO Predicts Bitcoin Could Hit $200,000 in 2025 appeared first on Coinpedia Fintech News Recently, the New York Stock Exchange listed KULR Technology Group which stockpiled millions worth of Bitcoin during the correction has predicted that Bitcoin may reach a $200,000 peak during the 2025 market cycle. Just recently, KULR Technology Group bought over $21 million worth of Bitcoin at the average price of $97,391 on Jan. 6. Notably, …