The post APT Price in a Rounding Reversal Hints at $18 Target: New 52-Week Highs Ahead? appeared first on Coinpedia Fintech News With an impressive 151.30% recovery, the APT price has surged to $12.65, consolidating between key Fibonacci levels of $11 and $13.74. As Aptos stands poised for a potential breakout, will the Aptos price rally to $18.07 or reclaim its 52-week high of $19.48? Let’s dive into Coinpedia’s Aptos price analysis, packed with technical insights and …

The post Japan PM Promises To Include Tax Cuts For Crypto In Stimulus Package appeared first on Coinpedia Fintech News Recently, Japan’s Prime Minister, Shigeru Ishiba promised to cut taxes on crypto in his economic stimulus package. As per the latest reports, Ishiba received approval for his economic package after vowing to include annual tax reform proposals from the opposition party, the “Democratic Party for the People (DPP)”. Moreover, the main parties also agreed to …

The post UK Inflation Surges Against Expectations, Fuels Rate-hold Speculation! appeared first on Coinpedia Fintech News As per the latest reports, the latest inflation reading in England has pushed back above the Bank of England’s 2% target. With this, a final rate cut this year now seems less likely. Notably, with the release of the inflation data, the British Pound saw a minor increase, from 0.1% to $1.2692 during the morning …

The post 21Shares Introduces Ethereum Staking Core ETP! appeared first on Coinpedia Fintech News 21Shares has recently announced a major upgrade to its Ethereum Core ETP (Exchange-Traded Product). Reportedly, it now incorporates staking functionality. Plus, the firm has rebranded the product as the Ethereum Core Staking ETP. With this, it offers trading under the ticker “ETHC” which is available on major European exchanges such as SIX Swiss Exchange, Deutsche …

The post After IBIT, Bitwise’s Bitcoin Spot ETF Options Going Live appeared first on Coinpedia Fintech News The launch of BlackRock’s iShares Bitcoin Trust (IBIT) options was nothing short of explosive. $2 billion in trades on day one? That’s not just big—it’s historic. But let’s not pop the champagne just yet. Some pretty strict trading limits might put a damper on its long-term potential. So, is IBIT just a flash in the …

The post MicroStrategy Enters Top 100 U.S. Public Companies by Market Cap: The Bitcoin Effect appeared first on Coinpedia Fintech News MicroStrategy, which proclaims itself to be the world’s first Bitcoin development company, has recently been making strides with significant milestones achieved in its name. The prominent Bitcoin advocate, Michael Saylor’s firm has just entered the top 100 U.S. publicly traded companies, which is currently in the 97th place. Stock Surges Amid Bitcoin’s New All-Time High The …

The post Triangle Breakout Fuels XRP Price Run: $1.56 Target in Sight? appeared first on Coinpedia Fintech News With a massive bullish surge of 78.74% last week, the altcoin has reclaimed the $1 psychological mark. Before this, the XRP price shot up 17.24% in early November.  As XRP stands at a crucial crossroads, will the uptrend reach the $1.56 mark? Let’s look at Coinpedia’s XRP techncial analysis, which is filled with technical insights …

The post Bears Hold a Tight Grip Over the Avalanche Price Rally While Sentiments Are Bullish-Here’s What’s Next  appeared first on Coinpedia Fintech News Bitcoin smashes a new ATH after consolidating for a while, but the altcoins maintain a slow yet steady trend. This could be because of the growing BTC dominance, but some of them continue to fight the bearish interference. Similarly, the Avalanche price displays a huge backing from the bulls as the levels are constantly hitting …

The post Former Chinese Official Yao Qian Accused of Cryptocurrency Bribery appeared first on Coinpedia Fintech News Yao Qian, once a strong supporter of cryptocurrencies in China and the founder of the country’s Central Bank Digital Currency (CBDC), has been accused of using cryptocurrencies for bribery, involving significant amounts. The Chinese government has dismissed him from his position and expelled him from the Communist Party. His case has now been transferred to …

The post Bhutan Accumulates $1.1B in Bitcoin, With 34% of Total GDP! appeared first on Coinpedia Fintech News Bhutan, a small Himalayan kingdom, has quietly accumulated $1.1 billion in Bitcoin, holding 34% of its GDP in 13,011 BTC, currently valued at $780.49 million. Since 2021, Bhutan has strategically built its crypto reserves using its abundant hydropower resources for mining. The country recently moved $65 million to Binance, showcasing its active management of assets. …