The post Why is Bitcoin Going Down? appeared first on Coinpedia Fintech News Bitcoin is currently testing levels below the crucial $95k mark and is down by more than four percent in the last 24 hours. This comes after a recent announcement from Michael Saylor revealing that MicroStrategy purchased another $5.4 billion worth of Bitcoin. This brings their total holdings to around 386,500 Bitcoins, valued at nearly $22 …

The post Arbitrum’s 91% Rally Targets $1: Next Stop at $1.86? appeared first on Coinpedia Fintech News The ARB price trend maintains a bullish approach with the Bitcoin price dropping below the $95,000 mark. With a 26% surge over the last 7 days, the ARB has a market cap of $3.864 billion.  With the ongoing rally unaffected by the broader market pullback, the upside potential for ARB is growing. Will this growing …

The post How Cryptocurrency Is Changing Cyber Security appeared first on Coinpedia Fintech News One of the most prominent features of cryptocurrency is its underlying technology—the blockchain. The blockchain serves as the backbone that powers all cryptocurrencies, allowing for these digital assets to connect to other networks and computers seamlessly. While there are undeniable security advantages of cryptocurrency, such as its decentralised nature, there are also many security threats …

The post Shiba Inu Price Surge: Will Burning 99% of SHIB Tokens Lead to $1? appeared first on Coinpedia Fintech News Shiba Inu (SHIB), a cryptocurrency that originally gained attention as a meme coin, is slowly evolving into something much more. With a market cap of $15 billion and a massive surge in its burn rate, SHIB is gaining momentum. But there’s a bold idea floating around, burn 99% of its supply. Could this risky move …

The post Bullish Flag Breakout: Will AKT Price Trigger a New All-Time High? appeared first on Coinpedia Fintech News Despite the border market witnessing a 500 million liquidation in the past 24 hours, the AKT price trend maintains a bullish approach. Over the past 24 hours, the Akash Network token price has maintained a bullish trend and has increased by 3.34%. As the price action teaches an uptrend continuation, will a breakout rally result …

The post DEXX Hackers Resume Operations: Stolen Funds Begin Laundering into SOL appeared first on Coinpedia Fintech News The attackers who attacked the latest DEXX have been reactivated after a week of inactivity to change the stolen alt coins for Solana (SOL) in large amounts according to Mistract, cyber security. This comes after, decentralized exchange DEX platform was targeted and users and the platform woke up to hefty losses. Dexx’s founder, Roy, has …

The post Bitcoin Institutional Investment 2024: How MicroStrategy and Marathon Digital Are Shaping the Future appeared first on Coinpedia Fintech News Last day, MicroStrategy surprised many by making a massive BTC purchase of 55,500 BTC tokens – the highest it has ever made. This month alone, the company has amassed over 134,480 BTC tokens. With the latest purchase, the total BTC holding of MicroStrategy has increased to nearly 386,700 BTC tokens, worth at least $36,496,204,620.  Recently, …

The post Spot Bitcoin ETFs See $438M Outflows Amid Mixed Performance in November appeared first on Coinpedia Fintech News After registering more than $3 billion in cash inflows in the last week, the United States spot Bitcoin exchange-traded funds (ETFs) opened the last week of November in an overall poor performance. According to the latest market data, the US spot BTC ETFs registered a net cash outflow of about $438.38 million on Monday, November …

The post Rumble Bitcoin Investment: A $20M Move into Crypto appeared first on Coinpedia Fintech News Following Microstrategy’s plan of hoarding Bitcoin many companies from different sectors are following suit by investing heavily into Bitcoin as a safe investment option.  Recently, Rumble, a popular video-sharing and cloud services platform, is making a bold move by investing up to $20 million in Bitcoin. The company’s Board of Directors approved the plan as …

The post Why Is the Crypto Market Down Today? appeared first on Coinpedia Fintech News Institutional Moves Add Pressure The cryptocurrency market’s fall is largely driven by institutional activity and the upcoming derivatives expiries. The due $9.4 billion in Bitcoin options and $1.3 billion in Ethereum options are creating volatility as traders adjust positions, leading to widespread liquidations. Notably, Bitcoin ETFs saw a daily net outflow of $438 million. While …