The post Kraken Launches Local COP Deposits in Colombia, Boosting Crypto Access appeared first on Coinpedia Fintech News Kraken has expanded its services in Colombia with the launch of local payment rails, enabling users to deposit Colombian pesos (COP) via domestic banking methods. This update removes the need for international wire transfers, a major pain point that previously slowed Colombian users from entering crypto markets.  According to Kraken, all COP deposits are automatically …

The post CoinShares Says Tether Is Strong, Not Struggling appeared first on Coinpedia Fintech News CoinShares Head of Research James Butterfill pushed back on fresh concerns from Arthur Hayes and S&P Global, saying fears over Tether’s solvency are unfounded. He pointed to Tether’s latest attestation showing about $181 billion in reserves versus $174.45 billion in liabilities, reflecting a $6.8 billion surplus. Butterfill noted Tether remains among the most profitable players …

The post Terra Classic (LUNC) Price Rallies Over 150%: Will the Bullish Momentum Last Long? appeared first on Coinpedia Fintech News Terra Classic (LUNC) and Terra (LUNA) are back in the headlines after sharp price spikes over the past 24 hours, reigniting a debate the crypto market thought it had moved beyond. Both the prices have delivered impressive short-term gains, and social chatter around them has exploded.  But after everything that unfolded in 2022, the real …

The post SEC to Hold Crypto Privacy Roundtable on December 15th appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission has set a new date for its long-anticipated crypto privacy and surveillance roundtable. After postponing the original October session, the agency will now hold the event on December 15, from 1 p.m. to 5 p.m. at SEC headquarters in Washington, with a public webcast available. Commissioner Hester M. Peirce …

The post Why Are Terra LUNA and LUNC Pumping Today? appeared first on Coinpedia Fintech News The Terra ecosystem is suddenly back in the spotlight after months of silence, as both Terra Luna (LUNA) and Terra Classic (LUNC) exploded in price with no major official announcement. LUNA surged nearly 70%, touching the $0.11 zone, while LUNC shocked the market with a massive 122% rally.  The sudden jump has everyone asking: Why …

The post SEC Approves First 2x SUI ETF, Grayscale Files New SUI Trust appeared first on Coinpedia Fintech News The SEC has approved the first 2x leveraged SUI ETF, TXXS, which is now live on Nasdaq through 21Shares US. The launch increases liquidity and visibility for Sui at a time when the network is seeing higher trading activity and was recently added to a Vanguard index.  Over the past 24 hours, SUI slipped 1.59% …

The post Whale Buying Is No Longer a Bullish Signal—BTC Drops Below $90K Despite Heavy Accumulation appeared first on Coinpedia Fintech News Whales and sharks have accumulated Bitcoin for nearly a month, yet the BTC price has broken below $90K—showing the market is no longer treating whale activity as a leading bullish signal. This divergence suggests structural weakness: accumulation is happening, but it’s being absorbed by broader sell pressure, thinning liquidity, or leveraged unwinds. Whales Are Accumulating …

The post Do Kwon To Face 12 Years in Jail After Terra Crash, Sentencing on Dec 11 appeared first on Coinpedia Fintech News South Korean cryptocurrency mogul Do Kwon is about to face 12 years in prison for his role in the 2022 TerraUSD collapse, a “colossal” fraud that triggered $40 billion loss in users funds. Sentencing is scheduled for Dec. 11. Crypto supporters are now wondering why such a harsh punishment, and what Do Kwon’s team says …

The post Ethereum Breaks Against Bitcoin—Has the Crypto Rotation Begun? appeared first on Coinpedia Fintech News Ethereum (ETH) price has finally shown its first real sign of strength in months. The ETH/BTC pair has broken above a 3.5-month descending trendline—a level that has consistently blocked Ethereum’s relative performance since early September. While this move has triggered fresh optimism across the market, calling it an “altcoin season trigger” would be premature. The …

The post XRP Price Prediction For December 6 appeared first on Coinpedia Fintech News XRP is under pressure today, falling more than 4% and trading around $2.05. The token is now at risk of dipping below the crucial $2 support zone, a level experts consider important for keeping short-term momentum alive. While the market is seeing weakness overall, XRP’s technical indicators show a mix of warning signs and relief …