The post Breaking: US Inflation Data Comes In Line With Expectations at 2.3%, Bitcoin Climbs To $95K appeared first on Coinpedia Fintech News The US PCE inflation data has come out in line with expectations. Inflation rose by 2.3% year over year (YoY). Meanwhile, US inflation increased by 0.2%, similar to the September data. The Core PCE data, which excludes food and energy, showed that inflation increased by 2.8% YoY, which is in line with estimates and up …

The post Shiba Inu Traders Diversify into PropiChain, Citing 34,503% Gains Predicted for Q1 2025 appeared first on Coinpedia Fintech News With the market entering the reset phase, Shiba Inu (SHIB) traders are focusing on a new frontier: PropiChain (PCHAIN). They aim to hedge their funds against a potential downturn. This innovative project is capturing attention for its unique approach to real estate investment and the staggering 34,503% gains predicted for the first quarter of 2025. …

The post Investors Buying the Dip Turn to New Sensation Lightchain Protocol AI After Swapping Millions in USDT appeared first on Coinpedia Fintech News As the cryptocurrency market experiences fluctuations, savvy investors are seizing the opportunity to buy into promising new projects. Among these, Lightchain Protocol AI has emerged as a standout choice, with millions in USDT pouring into its LCAI token presale. This rising platform is capturing the attention of the crypto community, offering innovative solutions that combine …

The post Chinese Firm SOS Unveils $50M Bitcoin Purchase Plan To Boost Global Investment Strategy appeared first on Coinpedia Fintech News As Bitcoin reaches historic highs and continues to capture global investors’ interest, a publicly-listed Chinese firm SOS Ltd has unveiled plans to invest $50 million to purchase Bitcoin. SOS ltd, a multifaceted company that engages in blockchain, cryptocurrency operations and commodity trading, announced that the Board of Directors approved its plan to invest $50 million …

The post Yummygame Announces YYG Airdrop Epoch 2 to Enhance GambleFi Ecosystem appeared first on Coinpedia Fintech News Belize City, Belize – Yummygame, a prominent player in the fast-evolving GambleFi sector, has announced the launch of YYG Airdrop Epoch 2, set to run from November 28, 2024, to January 15, 2025. Building on the success of its inaugural YYG Airdrop, this new initiative underscores Yummygame’s commitment to innovation in blockchain-powered gaming. The YYG …

The post Ripple News: XRP Price Rallies 7% As Former CFTC Chair Says ‘SEC Will Drop The Lawsuit’ appeared first on Coinpedia Fintech News XRP has bounced back after a recent pullback to the $1.25-$1.30 range, where it found strong support. The cryptocurrency is currently outperforming other major coins, signaling potential for future growth. XRP is currently up by more than seven percent in the last 24 hours and is trading near the $1.45 levels.  Despite the recent rally, …

The post Bitcoin Eyes $200K with $2.28 Trillion Inflow: Report appeared first on Coinpedia Fintech News Currently, Bitcoin, along with major cryptocurrencies, is undergoing a significant price correction following notable upside momentum in recent days. Amid this development, OKG Research has made a bold prediction for Bitcoin (BTC), providing full validation for their analysis. Bitcoin to Attract $2.28 Million  In a recent report, the research firm noted that, as of now, …

The post Stablecoin Market Cap Hits Record-High As It Nears $200M, Tether Dominates appeared first on Coinpedia Fintech News Amidst expectations of a crypto-friendly government after Trump’s victory, the cryptocurrency prices are soaring, and so is the demand for stablecoins. Strikingly, the overall value of the digital-assets market has risen by nearly a trillion dollars since the election. With Bitcoin and SOL reaching newer heights, stablecoin has also joined the record-breaking streak as it …

The post Gary Gensler Resignation: Why SEC Chair Loved His Job and Aspired to Make the World a Better Place appeared first on Coinpedia Fintech News U.S. Securities and Exchange Commission Chair Gary Gensler is all set to step down in January 2025. Gensler, known for his tough stance on cryptocurrencies, led a crackdown on the industry, but his departure signals a potential shift in regulatory direction. The SEC had been aggressively pursuing lawsuits against major crypto players like Coinbase and …

The post Tether Discontinues EURT Stablecoin Due to Regulatory Climate in the EU appeared first on Coinpedia Fintech News Tether, issuer of the world’s largest stablecoin, said that it will stop supporting the euro-linked EURT stablecoin as part of a “strategic transition to prioritize community-driven blockchain support.” This decision came amid rising regulatory uncertainty in the EU’s crypto market with the new MiCA rules. Tether Moves Towards Regulated Stablecoin Solutions Tether, a leader in …