The post Why Ethereum is Dropping Today? appeared first on Coinpedia Fintech News After an impressive bullish breakout last week, Ethereum (ETH) price has significantly declined the rising momentum. The leading altcoin, with a fully diluted valuation of about $377 billion, has dropped over 6 percent since Tuesday to trade around $3,133 on Thursday, November 14, during the mid-New York session. Nevertheless, the fear of a major crypto …

The post Is Gary Gensler Resigning? SEC Chair Hints at Exit Amid Crypto Regulatory Shift appeared first on Coinpedia Fintech News In a speech during the Practicing Law Institute and the 56th Annual Institute on Securities Regulation held in New York on Thursday, November 14, US SEC Chair Gary Gensler hinted he may be leaving the agency soon. In regards to the crypto market, Gensler highlighted that Bitcoin, Ethereum, and stablecoins are not securities. However, the …

The post Gensler’s Potential Exit Fuels XRP’s Breakout, 75% Rally Incoming appeared first on Coinpedia Fintech News After consolidating for over a year, Ripple’s native token (XRP) has broken out from a bullish price action pattern and is now poised for notable upside momentum. However, XRP experienced this crucial breakout as United States Securities and Exchange Commission (SEC) Chairman Gary Gensler hinted at his resignation. XRP Technical Analysis and Upcoming Levels According …

The post Donald Trump’s Plan to Eliminate Capital Gains Tax on U.S. Cryptocurrencies appeared first on Coinpedia Fintech News Donald Trump is reportedly considering a groundbreaking plan to eliminate capital gains taxes on U.S.-issued cryptocurrencies. If implemented, this could make profits from popular digital assets like Cardano (ADA), Algorand (ALGO), Ripple (XRP), and Hedera (HBAR) tax-free for American investors. Sources close to Trump’s transition team say that the proposal would require crypto-issuing companies to …

The post Senator Lummis Proposes Selling Fed’s Gold To Fund Strategic BTC Reserve: Bloomberg appeared first on Coinpedia Fintech News According to a latest Bloomberg report, Republican Senator Cynthia Lummis of Wyoming has proposed to sell a part of the Federal Reserve’s gold holdings to purchase one million Bitcoins for the creation of a strategic bitcoin reserve. The Senator, an ally of Donald Trump, has a plan for filling up the president-elect’s proposed strategic Bitcoin …

The post Tether Launches Hadron; Aims To Make Asset Tokenization More Accessible Than Ever appeared first on Coinpedia Fintech News Tether, the crypto firm behind USDT, revealed on Thursday that it has launched its asset tokenization service after CEO Paolo Ardoino teased the project for months. It announced the launch of Hadron, a platform designed to simplify the tokenization of everything from stocks to bonds, stablecoins, loyalty points, and more.  Unlocking Alternative Opportunities “Hadron encompasses …

The post SEC Chair Gensler Sticks to Crypto Rules Despite Trump’s Threat to Fire Him appeared first on Coinpedia Fintech News Gary Gensler, the chair of the U.S. Securities and Exchange Commission, reiterated his call for cryptocurrency exchanges to register with the agency and highlighted the need for proper disclosures from those selling securities, as his tenure at the SEC may be nearing its conclusion. This comes amid Trump’s victory in the election and his threat …

The post $650 Million Wipe Out in Crypto Liquidation, What’s Happening? appeared first on Coinpedia Fintech News The cryptocurrency market experienced notable upside momentum following the election of Donald Trump as president of the United States. However, sentiment now appears to be cooling off, resulting in hundreds of millions of dollars in liquidations. $650 Million Crypto Liquidation  On November 14, 2024, the overall crypto market experienced significant volatility, leading to the liquidation …

The post Breaking: Pennsylvania Introduces A Landmark Legislation To Establish Bitcoin Reserve appeared first on Coinpedia Fintech News President-elect Donald Trump’s proposal to create a national bitcoin reserve is gaining popularity across the country as several states are now considering implementing their own cryptocurrency reserves.  In a remarkable development, The Pennsylvania House of Representatives introduced a bill today that, if passed, would allow the state to hold Bitcoin as a reserve asset on …

The post New SOL Meme Coin About To Explode: Keanu Reeves Rumours Abound appeared first on Coinpedia Fintech News The Solana meme scene is about to get shaken up. Rumors are swirling about Keanu, a new token that’s bringing something different to the typically combative crypto landscape: true kindness, conveyed through S-tier memes. Inspired by America’s (apparently) third-favorite person, Keanu aims to prove that crypto culture doesn’t have to revolve around toxicity and trolling. …