The post Five Altcoins Trending Today: PENGU, ARROW, ADI, CASHCAT and AERO Are Moving appeared first on Coinpedia Fintech News The crypto market remains volatile, but a handful of altcoins are attracting strong investor interest. This is thanks to ecosystem developments, exchange listings, and growing trading activity.  Here’s a look at the five trending cryptocurrencies today and what’s driving the buzz. Pudgy Penguins (PENGU) – NFT Token Holds Momentum PENGU is trading at $0.006059, with …

The post Ethereum Treasury Firms Back New Institutional Privacy Initiative appeared first on Coinpedia Fintech News EthSystems has launched to develop privacy infrastructure for institutional use on the Ethereum network after spinning out of the Ethereum Foundation’s Institutional Privacy Task Force. The project is backed by Bitmine, SharpLink, and Ethereum co-founder Joe Lubin. It aims to enable selective disclosure, allowing institutions to use blockchain-based assets such as stablecoins, bonds and settlements …

The post Crypto India: 80% of Crypto Trading in India Is Now Futures. Is the 1% TDS to Blame? appeared first on Coinpedia Fintech News More than 80% of crypto trading on Indian exchanges now happens in futures and derivatives instead of spot markets. While many traders have shifted to avoid the 1% Tax Deducted at Source (TDS) on spot trades, the move comes with higher risks. Industry estimates suggest that 70% to 80% of retail crypto futures traders are …

The post PayPal Stock Price Gains 15% as Stripe, Advent Pursue $53 Billion Deal appeared first on Coinpedia Fintech News PayPal stock is making headlines across Wall Street after reports that Stripe and Advent International are pursuing a $53 billion acquisition of the fintech giant. The proposed deal sparked a nearly 15% premarket rally in PYPL stock, instantly turning one of the market’s biggest laggards into one of its strongest performers. As investors digest the …

The post Strategy CEO Says Bitcoin Must Crash to $8000 Before Debt Becomes a Real Risk  appeared first on Coinpedia Fintech News Strategy CEO Phong Le has pushed back against concerns over the company’s growing debt. He said Bitcoin would have to plunge to $8,000-$10,000 before its balance sheet comes under real pressure. Speaking to Bloomberg, Le said Strategy remains financially secure despite the current bear market. In addition, the company is positioning itself for Bitcoin’s next …

The post Coinbase Says AI Now Assists Nearly All of Its Code Development appeared first on Coinpedia Fintech News Coinbase’s Head of Platform, Rob Witoff, said 95% to 100% of the company’s code is now written by or with the assistance of AI, up from about 40% in February, according to a Cointelegraph interview. He said nearly all employees use AI daily, with engineers typically running 5 to 10 AI agents at a time, …

The post Crypto Rally Returns: Bitcoin, Ethereum and XRP Extend Rally on Fresh Buying appeared first on Coinpedia Fintech News The crypto market is showing signs of life again, with Bitcoin price reclaiming the $65,000 mark and lifting Ethereum, XRP, and most major altcoins higher. But this isn’t just another relief bounce. A combination of cooling U.S. inflation, renewed expectations for Federal Reserve rate cuts, and one of the largest short-liquidation events in recent sessions …

The post PayPal Stock Jumps as Stripe, Advent Reportedly Make $53 Billion Buyout Offer appeared first on Coinpedia Fintech News Stripe and Advent International have reportedly offered $60.50 per share to acquire PayPal, valuing the payments company at more than $53 billion. The proposed deal, backed by about $50 billion in committed bank financing, would see Stripe and Advent each hold a 50% ownership stake if completed. PayPal shares surged about 15% following the report. …

The post Asian Stock Markets Rise as KOSPI Jumps 6%, China GDP Misses Forecasts appeared first on Coinpedia Fintech News Asian markets traded mixed, led by a nearly 6% rally in South Korea’s KOSPI, while Japan’s Nikkei, Hong Kong’s Hang Seng and Australia’s ASX 200 also advanced. China’s Shanghai Composite was little changed after the country’s GDP growth missed expectations. Brent crude extended gains for a third straight session amid renewed U.S.-Iran tensions, while gold …

The post Nikkei 225 Rises Above 68,800 After Softer U.S. Inflation Data appeared first on Coinpedia Fintech News Japan’s Nikkei 225 climbed 0.92% to 68,830, supported by softer-than-expected U.S. inflation data that reduced expectations for further Federal Reserve rate hikes. Lower U.S. rate expectations improved sentiment toward equities, particularly Japanese exporters. The index is approaching the 69,000 level, a key area traders are watching for signs of either continued gains or renewed resistance. …