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  • Bitcoin’s Post-breakout Retest: $83K Drop Looks Likely for BTC Price

    The post Bitcoin’s Post-breakout Retest: $83K Drop Looks Likely for BTC Price appeared first on Coinpedia Fintech News Bitcoin has been experiencing a sharp drop, breaking through several key support levels and is currently down by more than four percent. The cryptocurrency recently hit a major rejection point at $99,000 and continued to slide, reaching the next target at $92,000. At the time of writing, Bitcoin is trading close to the $93k levels …

  • Ripple Lawsuit News: Model and XRP Holder Defends XRP, Blasts SEC for Suppressing Price

    The post Ripple Lawsuit News: Model and XRP Holder Defends XRP, Blasts SEC for Suppressing Price appeared first on Coinpedia Fintech News Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), announced his resignation, a move that many in the cryptocurrency community, particularly XRP holders, had been waiting for. This news caused XRP’s price to surge massively  in just a few hours, reaching a high of $1.51, the highest since May 2021.  XRP’s impressive …

  • BTC Price Plunging Hard—Has Bitcoin Correction Started? 

    The post BTC Price Plunging Hard—Has Bitcoin Correction Started?  appeared first on Coinpedia Fintech News The previous days turned out to be extremely bearish as the Bitcoin price slumped hard by close to 10% following a rise in the upward pressure. Moreover, the bearish clouds continue to hover over the BTC price rally since the early trading hours as the price continues to steadily descend. This has raised concerns about …

  • Schuman Financial Rolls Out MiCA-Compliant Stablecoin EURØP

    The post Schuman Financial Rolls Out MiCA-Compliant Stablecoin EURØP appeared first on Coinpedia Fintech News As Europe approaches the final enforcement deadline for the Markets in Crypto-Assets Regulation (MiCA) at the end of the year, Schuman Financial, a new cryptocurrency firm, founded by former Binance executives, including Martin Bruncko and Eduardo Morrison has launched a euro-backed stablecoin, EURØP.  https://twitter.com/Schuman_io/status/1861349166720389303 EURØP is pegged 1:1 to the euro and aims to cater …

  • Stellar Price Analysis: Can Bulls Push XLM to $0.60?

    The post Stellar Price Analysis: Can Bulls Push XLM to $0.60? appeared first on Coinpedia Fintech News Story Highlights The Stellar price has plunged ~15% in 24 hours and retests $0.40. Technical indicators record a mixed price sentiment, highlighting uncertainty this week. Bullish reversal could push the price toward the $0.60 mark. As the Bitcoin price drops over 6% today, the crypto market has recorded a liquidation of over $17 billion in …

  • Bitcoin Drops $6k In Hours, What’s Next As BTC Price Approaches $90k?

    The post Bitcoin Drops $6k In Hours, What’s Next As BTC Price Approaches $90k? appeared first on Coinpedia Fintech News Story Highlights The BTC price dropped ~7% in 24 hours, dropping below the $92k mark. Bitcoin ETF breaks its inflow streak, losses over $435 million. Technical indicator RSI drops below the overbought range for the first time in 19 days. The Bitcoin token records a significant correction by losing ~6% in 24 hours with a …

  • Expert Reveals MicroStrategy’s Bitcoin Buying Strategy for 2025

    The post Expert Reveals MicroStrategy’s Bitcoin Buying Strategy for 2025 appeared first on Coinpedia Fintech News Under Michael Saylor’s leadership, MicroStrategy has become synonymous with Bitcoin investing, consistently purchasing the cryptocurrency since 2020. Recently, the company has intensified its acquisitions, capitalizing on Bitcoin’s rally past $99,000 following Donald Trump’s presidential win earlier this month. Yet Another Bitcoin Purchase Just last week, MicroStrategy purchased another 55,000 bitcoins (BTC-USD) last week for $5.4 …

  • What’s Happening with Crypto Today?

    The post What’s Happening with Crypto Today? appeared first on Coinpedia Fintech News The cryptocurrency market is navigating turbulent waters today, with the global market cap dipping by 5.97% to $3.17 trillion. Despite the decline, trading volume surged 24.17% to $252.59 billion, signaling heightened market activity. The Fear & Greed Index remains at 80, suggesting extreme greed amidst this pullback. Market Trends and Liquidations The Altcoin Season Index …

  • Telegram Crypto Holdings Surge to $1.3 Billion in H1 2024

    The post Telegram Crypto Holdings Surge to $1.3 Billion in H1 2024 appeared first on Coinpedia Fintech News Telegram’s crypto holdings surged to $1.3 billion in the first half of 2024, up from $400 million at the end of 2023. This increase was driven by profits from selling Toncoin and strategic deals related to The Open Network (TON). Telegram also reported $525 million in revenue for H1 2024, with $353 million coming from …

  • Ethereum Blob Usage Hits Record High After Dencun Upgrade

    The post Ethereum Blob Usage Hits Record High After Dencun Upgrade appeared first on Coinpedia Fintech News Ethereum’s blob usage has skyrocketed, averaging over 21,000 blobs this month, matching the record set in March. This surge follows the Dencun upgrade, which introduced blobs to Ethereum, allowing Layer 2 solutions like Arbitrum and Optimism to bundle and post transactions more efficiently. The increased demand for blobspace has driven blob fees to a 30-day …

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