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  • Bitfinex Bitcoin Hacker Receives Five-Year Prison Sentence!

    The post Bitfinex Bitcoin Hacker Receives Five-Year Prison Sentence! appeared first on Coinpedia Fintech News Ilya Lichtenstein, a Bitcoin hacker was sentenced by the Justice Department on Thursday for his involvement in a money laundering case related to the theft of $3.6 billion worth of cryptocurrency from the Bitfinex cryptocurrency exchange. Ilya Lichtenstein, along with his wife, and Heather Morgan pleaded guilty last year in New York to 1 count …

  • Dogwifhat ($WIF) Official “X” Account Potentially Been Compramised!

    The post Dogwifhat ($WIF) Official “X” Account Potentially Been Compramised! appeared first on Coinpedia Fintech News As per the latest news, the official “X” handle of Dogewifhat memecoin has possibly been compromised. Users are reporting promotions of rug tokens on their official account. Notably, the account has been promoting crypto projects with a market capitalization of around $300,000. Following this, users are being cautious about not interacting with this account and …

  • Bitwise Files To Convert 10 Crypto Index Funds into An ETP!

    The post Bitwise Files To Convert 10 Crypto Index Funds into An ETP! appeared first on Coinpedia Fintech News Bitwise Asset Management announced that it has filed to list 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP). Reportedly, the $1.3 billion publicly traded trust trades on the “OTCQX” Best Market. Notably, this conversion to an ETP will offer more benefits to its shareholders by improving efficiency, regulatory protections, and mechanisms. Matt Hougan, …

  • VanEck Bitcoin Prediction : BTC will be $180,000 by 2025!

    The post VanEck Bitcoin Prediction : BTC will be $180,000 by 2025! appeared first on Coinpedia Fintech News Bitcoin has been making some big moves lately. After the U.S. elections on November 5, the Bitcoin price shot up by about 30%. As of November 13, it even reached almost $93,500, before dropping a bit to $88,100 a couple of days later. VanEck predicts Bitcoin will go $180,000 by 2025. It’s clear that something’s …

  • Why is Crypto Down Today? Market Sees $3B in Liquidations

    The post Why is Crypto Down Today? Market Sees $3B in Liquidations appeared first on Coinpedia Fintech News The cryptocurrency market, led by Bitcoin (BTC), has experienced low bullish sentiments in the past five days. The total crypto market cap slipped 4 percent in the past 24 hours to hover about $3.03 trillion on Friday, November 15, during the early Asian session. Bitcoin price dropped over 2 percent in the last 24 hours …

  • Crypto vs SEC Cases Could Be ‘Dismissed or Settled’ Under Trump, Says Joe Lubin of Consensys

    The post Crypto vs SEC Cases Could Be ‘Dismissed or Settled’ Under Trump, Says Joe Lubin of Consensys appeared first on Coinpedia Fintech News Consensys CEO Joe Lubin anticipates a favorable shift for the crypto industry with Donald Trump’s reelection, expecting that many SEC cases against crypto firms could be “dismissed or settled.” Speaking at DevCon 2024 in Thailand, Lubin suggested that Trump’s pro-crypto stance and his pledge to remove SEC Chair Gary Gensler could potentially save the industry …

  • Crypto vs SEC : 18 States Join Forces Against SEC Crypto Regulations

    The post Crypto vs SEC : 18 States Join Forces Against SEC Crypto Regulations appeared first on Coinpedia Fintech News Eighteen U.S. states have teamed up in a bold lawsuit against the SEC. They aim to challenge what they see as federal overreach in crypto regulation. The lawsuit is led by Kentucky Attorney General Russell Coleman. The group includes AGs like Florida’s Ashley Moody, Texas’s Ken Paxton, and Tennessee’s Jonathan Skrmetti. Together, they’re calling out …

  • Why Ethereum is Dropping Today?

    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 …

  • Is Gary Gensler Resigning? SEC Chair Hints at Exit Amid Crypto Regulatory Shift

    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 …

  • Gensler’s Potential Exit Fuels XRP’s Breakout, 75% Rally Incoming

    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 …

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