The post Crypto Price LIVE (Nov 8th, 2024): Cardano and Neiro Lead Top Gainers! appeared first on Coinpedia Fintech News The cryptocurrency market cap has declined by 0.82% over the last 24 hours, settling at $2.5 trillion. In parallel, trading volumes have also contracted sharply, down by 32.45% to $129.71 billion. The Fear & Greed Index, at 72, signals “Greed,” maintaining a bullish sentiment despite the recent market cooling. Bitcoin Price Shows Strength Amid Volume …

The post Jack Dorsey’s Block Doubles Down on Bitcoin Mining After Trump’s Election Victory appeared first on Coinpedia Fintech News Jack Dorsey’s company, Block (formerly Square), is increasing its focus on Bitcoin after Trump’s election victory. In a recent report, Block shared plans to double its Bitcoin mining and its self-custody wallet, Bitkey. This move matches Trump’s push to make the U.S. a leader in Bitcoin mining. However, Block recently completed an advanced Bitcoin mining …

The post BlackRock Spot Bitcoin ETF Leads With $1.12 Billion Inflow Amid BTC Rally appeared first on Coinpedia Fintech News Following the overwhelming support of pro-crypto candidates in the United States and the recent Fed rate cut, which followed similar moves in major jurisdictions, the demand for Bitcoin (BTC) has significantly escalated. The United States is expected to follow the path of El Salvador in accumulating Bitcoins to counter the ballooning debt crisis. This growing …

The post Cardano Breaks the Resistance, The Growing Fundamentals May Lead the ADA Price Rally to $1 This Bull Season appeared first on Coinpedia Fintech News The sleeping giant seems to have woken up! The third-generation token, Cardano, believed to be dead due to a massive drop in volatility, has begun to attract decent buying volume onto the platform. With the fundamentals strengthened, the bullish momentum is expected to rise, which may positively impact the ADA price in the long run. …

The post XRP News Today: Ripple Shuffles RLUSD and Transfers $250 Million in XRP appeared first on Coinpedia Fintech News Ripple just set the crypto world buzzing by moving a whopping 294,000 RLUSD stablecoins! The big transfers, including a notable 78,500 RLUSD from Ripple’s Treasury to an unknown wallet, seem to hint at the final touches for RLUSD’s big launch. Blockchain data shows Ripple shuffling tokens across multiple wallets, possibly testing functionality and prepping liquidity …

The post SEC’s Uyeda and Peirce Plan New Crypto Regulation Under Trump’s Leadership appeared first on Coinpedia Fintech News SEC Commissioner Mark Uyeda, known for his vocal criticism of the agency’s approach to crypto regulation, is backing President-elect Donald Trump’s pledge to end what many see as the Biden Administration’s anti-crypto crackdown. Uyeda, who joined the SEC in 2022, could assume the acting chair role when Trump takes office in January 2025. Speaking with …

The post Ethereum Whale Offloads $85M ETH, Realizes 810x ROI appeared first on Coinpedia Fintech News As the Ethereum price crosses $2900 per token, an Ethereum whale has begun to sell off its long-term holdings. The whale holds 398,891 ETH tokens worth $1.14 billion and has recently sold off a small chunk of its holdings. The recent sale of 29,897 ETH tokens for 84.87 million USDC was completed at an average …

The post Solana Competitor Confirms 5,607% Forecast, CoinMarketCap Debuts Increases Chances of Violent Rally appeared first on Coinpedia Fintech News Solana (SOL) has shaken pre-U.S. election premarket jitters with an explosive rally. The layer-1 blockchain could soon reach $200. However, investor attention has shifted to PropiChain (PCHAIN), a tokenized real estate platform recently listed on CoinMarketCap. The listing has cemented investors’ trust in the innovative project. The CoinMarketCap debut for PropiChain lays the ground for …

The post Binance and Coinbase See $9.3B Stablecoin Inflow appeared first on Coinpedia Fintech News As the crypto bull run gains momentum, Binance and Coinbase, two major centralized cryptocurrency exchanges, receive a massive inflow of ERC-20 stablecoins. With a $9.3 billion inflow, this is one of the largest inflows in the crypto industry. Such large-scale entry of huge ERC-20 stablecoins was last seen in September 2020 and February 2021, coinciding …

The post Bitcoin ETF Inflows Hit Record $1.37B, Largest Ever appeared first on Coinpedia Fintech News As the crypto bull run began with Trump’s political win, the institutional support for Bitcoin surged. 11 U.S.-spot Bitcoin ETF recorded the biggest net inflow ever of $1.372 billion. The record has been broken after 167 days and was spearheaded by BlackRock’s IBIT, which witnessed the massive inflow of $1.169 billion yesterday. This is the …