The post Dogwifhat (WIF) 40% Rally Imminent? Bullish Divergence Spotted appeared first on Coinpedia Fintech News After a prolonged period of downside momentum, Dogwihat (WIF), a popular Solana-based meme coin, is poised for a massive upside movement. This positive outlook can be attributed to the formation of bullish price action and the rising interest from traders over the past 24 hours. Dogwifhat (WIF) Technical Analysis and Upcoming Levels According to expert …

The post Crypto Industry Rules Will Take Years: TD Cowen appeared first on Coinpedia Fintech News The Trump administration has taken initial steps to support the crypto industry by establishing the Working Group on Digital Asset Markets. Notably, Trump has directed the working group to explore the creation of a national digital asset stockpile, instead of setting up a Bitcoin reserve as expected. TD Cowen’s Washington Research Group, led by Jaret …

The post BlackRock Now Holds $60 Billion In Bitcoin! appeared first on Coinpedia Fintech News BlackRock now holds $60 billion in Bitcoin (BTC) through its iShares Bitcoin Trust (IBIT), with 574,118.84380 BTC on the ETF’s balance sheet. Recent data reveals that Bitcoin ETFs received $188.7 million in inflows, with BlackRock capturing $154.6 million, accounting for 81% of the total net inflows. BlackRock’s strong Bitcoin accumulation has positioned it as one …

The post Solana Transactions Near Monthly High at 289.7 Million: Can SOL Price Touch $300? appeared first on Coinpedia Fintech News The crypto president has signed several executive orders that support crypto, which has helped the altcoin market recover strongly. As a result, the price of SOL has bounced from the important $240 support level, and key on-chain metrics have improved. There’s also a notable increase in transactions on the SOL network, nearing a monthly high, …

The post ECB Pushes for Digital Euro in Response to Trump’s Stablecoin Push appeared first on Coinpedia Fintech News In a latest development, European Central Bank board member Piero Cipollone stated that euro zone banks need a digital euro to counter U.S. President Donald Trump’s promotion of stablecoins, which are typically pegged to the U.S. dollar. Notably, Trump said he would promote the development and growth of lawful and legitimate dollar-backed stablecoins worldwide as …

The post MicroStrategy Announces Full Redemption of Convertible Notes Due 2027 appeared first on Coinpedia Fintech News In a latest development, MicroStrategy known for its significant Bitcoin investments and its exceptional 727% return over the past year, has issued a notice for the full redemption of its 0.0% Convertible Senior Notes due 2027. The company informed the trustee that it plans to redeem the outstanding notes, which have an aggregate principal amount …

The post Cardano Poised for a Potential Rebound—But Will ADA Price Sustain Above $1.2 This Time? appeared first on Coinpedia Fintech News Cardano is among the tokens that has lost the user’s attention offlet as the price continues to trade within a predetermined range. Meanwhile, it has turned out to be a potential candidate for a spot ETF. Regardless of the sluggish price action, Cardano activity has increased significantly, with the number of daily active addresses surpassing …

The post XRP News: Over $58 Million Worth Of XRP At Risk? Meanwhile Whale Activity Tracked In Yeti Ouro Presale appeared first on Coinpedia Fintech News Ripple has recently come under legal questions and scrutiny that caused speculation to arise that $58 million worth of XRP is currently at risk. This amount of XRP raises questions considering bear activity surrounding the token. One more piece of fascinating news that is emerging concerns the ERC-20 ecosystem and relates to the presale of …

The post MicroStrategy Faces Billion-Dollar CAMT Tax Threat on Unrealized Bitcoin Gains appeared first on Coinpedia Fintech News MicroStrategy has built an enormous Bitcoin stash valued at around $47 billion, including $18 billion in unrealized gains, thanks to years of stock and debt offerings. However, a surprising shift in federal tax rules could force the company to pay taxes on these unrealized gains—even without selling any Bitcoin—under the Inflation Reduction Act of 2022. …

The post After Solana Buckled Under Trump Mania, Solaxy’s Layer-2 Solution is the Ultimate Fix: ICO Hits $13.5M appeared first on Coinpedia Fintech News Solaxy ($SOLX), a new Layer-2 solution for Solana, has surpassed expectations by raising an impressive $13.6 million in its ICO. Interest in the project skyrocketed after the launch of Official Trump ($TRUMP) and Official Melania ($MELANIA) meme coins, which brought renewed attention to the network’s scalability challenges. On Monday, the Solana blockchain experienced severe congestion …