The post Dogecoin Preparing for a Small Retest-Here’s Where it May Reach After Rebounding From $0.385 appeared first on Coinpedia Fintech News The last couple of weeks were extremely bullish for the markets as the star token, Bitcoin, led a steep rise close to $100K. This caused a momental shift in the popular altcoins like Dogecoin, which woke up from a prolonged consolidation and surged above their pivotal resistance. Ever since the bulls are displaying some weakness, …

The post XRP at a Make-or-Break Moment: Is $2 Within Reach? appeared first on Coinpedia Fintech News Ripple native token XRP is currently at the make-or-break moment with its next move, which could define its future roadmap. Popular trader Credible Crypto believes the token’s next move is closely tied to Bitcoin’s performance, with both assets sitting at key levels. Meanwhile, there is speculation that XRP’s return to its ATH of $3.38 could …

The post Can Bitcoin Price Rise Above $99k Today? Indicators Turn Green Despite Pullback Below $96k appeared first on Coinpedia Fintech News Bitcoin is currently down by more than one percent and is trading slightly above the $98k mark. After hitting an ATH of $98655, the cryptocurrency hit reverse and even dipped below the $96k mark.  However, analyst Josh of Crypto World said that the weekly Bitcoin chart shows strong momentum, with the MACD indicating a bullish …

The post Binance Bitcoin Reserves Up 25%, Holding 40% of Global Market Share appeared first on Coinpedia Fintech News Despite persistent fear, uncertainty, and doubt (FUD), Binance’s customer Bitcoin (BTC) balances surged by 25% this year, according to crypto analyst Ki Young Ju. Binance now commands 40% of the global Bitcoin reserve market share among proof-of-reserves (PoR) exchanges, showcasing consistent annual growth. Ki Young Ju emphasized that losing Binance would significantly impact the global …

The post India’s RBI Boosts Cross-Border Payments Platform with CBDC Integration appeared first on Coinpedia Fintech News The Reserve Bank of India (RBI) is enhancing its cross-border payments platform to enable instant settlements by partnering with nations in Asia and the Middle East, including the UAE. Current agreements with Sri Lanka, Bhutan, and Nepal already support streamlined transactions. RBI is exploring central bank digital currencies (CBDCs) for settlement, with plans to expand …

The post XRP Price Prediction For November 25 appeared first on Coinpedia Fintech News Ripple’s XRP is currently down by more than five percent and is trading near the $1.40 levels. Majority of the top ten cryptocurrencies are trading in red and Bitcoin has also dropped below the $98k levels. XRP, however, recently experienced some price action, with a brief surge followed by a pullback. After reaching the $1.60 …

The post WBTC Flash Crash on Binance, Price Plunges to $5,200 appeared first on Coinpedia Fintech News On November 23, 2024, Wrapped Bitcoin (WBTC) experienced a sudden flash crash on Binance, briefly plunging to $5,200 due to an electronic trading error. The crash was isolated to Binance and did not affect WBTC’s price on other exchanges. Trading quickly stabilized, with WBTC rebounding to its normal levels near $97K. This incident follows Coinbase’s …

The post Metaplanet Stock Soars After Securing Bitcoin Magazine Japan for Bitcoin Adoption appeared first on Coinpedia Fintech News After signing a memorandum of understanding (MoU) with Bitcoin Magazine on July 26, 2024, Metaplanet Inc. (Tokyo: 3350) has announced the definitive agreement to launch Bitcoin Magazine Japan. According to the announcement, Bitcoin Magazine Japan will help Metaplanet to become a leading driving adoption force in the country ahead.  Moreover, Metaplanet intends to make disruptive …

The post Cantor Fitzgerald Plans $2B Bitcoin-Backed Loan Program with Tether appeared first on Coinpedia Fintech News As per the latest Bloomberg report, Financial services firm Cantor Fitzgerald, which serves as Tether’s banking partner, is looking to work with the stablecoin issuer on a program that will allow clients to borrow dollars against Bitcoin as collateral. While the firm will start lending against Bitcoin with $2 billion, it is expected to increase …

The post Tether Mints $3B USDT as Bitcoin Nears $100K, Fueling Market Optimism appeared first on Coinpedia Fintech News As Bitcoin approached the $100,000 price level, Stablecoin issuer Tether minted an additional $3 billion in USDT tokens on November 23 on the Ethereum and Tron networks amid increased trading volume in the crypto markets. Data from Arkham Intelligence revealed that $2 billion in USDt was minted on the Ethereum blockchain, and an additional $1 …