The post XLM Price Prediction For January 11 appeared first on Coinpedia Fintech News After a continuous price decline, the cryptocurrency market seems to be recovering, and Stellar (XLM) appears to be regaining its bullish momentum. In the past three days, XLM has experienced a price decline of over 18% and has also broken through its crucial support level of $0.403. XLM Bulls Back However, with today’s upside momentum, …

The post Kenya Officially Set To Legalize Cryptocurrency Trading appeared first on Coinpedia Fintech News In a latest development, Kenya is officially preparing to legalize cryptocurrency trading in the country, including Bitcoin, according to officials. Kenya’s Treasury Cabinet Secretary John Mbadi says that the East-African country is preparing legislation for crypto assets, a major shift in policy regarding the industry. Cryptocurrencies have been banned in Kenya, but widespread public use …

The post Coinbase to Suspend FTM-PERP Trading; Price Dip Ahead? appeared first on Coinpedia Fintech News In a recent X post, Coinbase announced that it has decided to suspend trading for Fantom-PERP effective January 24, 2025, from around 10:30 AM UTC. FTM-PERP trades will be terminated on both Coinbase International Exchange and Coinbase Advance, with the final price to be settled according to a pre-determined method. The funding rate will be …

The post US Jobs Data Fuels Bearish Bitcoin Outlook; Traders Anticipate Only One Rate Cut appeared first on Coinpedia Fintech News The latest Nonfarm payrolls data showed that US employment increased to 256,000 in December while unemployment rate dropped to 4.1%. The unemployment rate also came in lower than expected.  After the release of this nonfarm payroll report, traders are now betting against a first-half rate cut from the Federal Reserve. Traders predict the Fed will …

The post Senator Cynthia Lummis To Lead First-Ever Senate Crypto Subcommittee? appeared first on Coinpedia Fintech News As per a recent Fox Business report, the Senate Banking Committee is getting ready to announce the creation of its first-ever subcommittee dedicated to digital assets.  The move comes shortly after Republicans took control of the Senate and ahead of President-elect Donald Trump’s inauguration on January 20. This solidifies the GOP’s full control of the …

The post Investors Expect FXGuys ($FXG) To Replicate Solana And PEPE Early Success Amid $100 To $10,000 Predictions appeared first on Coinpedia Fintech News As the crypto market evolves, investors are continuously seeking altcoins with the most potential for massive growth. Top altcoins like Solana (SOL) and PEPE show modest price growth, but investors expect FXGuys ($FXG) to replicate the early success of Solana and PEPE. Analysts have chosen $FXG as the best crypto to invest in for its …

The post $36 Million Worth XRP at Risk of Liquidation: Report appeared first on Coinpedia Fintech News XRP, the native token of Ripple Labs, seems to be struggling over the last few days. Amid this market uncertainty, data from the on-chain analytics firm Coinglass reveals that $35.96 million worth of XRP is at risk of liquidation due to the current market sentiment. XRP’s Major Liquidation Levels  According to the XRP exchange liquidation …

The post K-pop’s Cube Entertainment CEO Accused of Misleading Investors in Crypto Scam appeared first on Coinpedia Fintech News Kang Seung-gon, the CEO of Cube Entertainment, is facing allegations of misleading investors in a cryptocurrency scheme linked to a digital token called “Nestree.” The accusations have prompted concerns among affected individuals, who are now considering legal action. Cube Entertainment, known for managing popular K-pop groups like Pentagon, ventured into the cryptocurrency space in 2022. …

The post XRP Lawsuit: Ripple CTO Reveals Legal Struggles and the Silence He Was Forced Into appeared first on Coinpedia Fintech News The ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) has gained widespread attention, carrying profound implications for the entire cryptocurrency industry. The lawsuit, which began in December 2020, accuses Ripple, along with its CEO Brad Garlinghouse and co-founder Chris Larsen, of raising over $1.3 billion through an unregistered securities …

The post Genius Group Expands Bitcoin Treasury with $5 Million Purchase appeared first on Coinpedia Fintech News In a latest development, Genius Group Limited, an education company with a focus on AI and Bitcoin, has expanded its Bitcoin Treasury, purchasing an additional $5 million worth of Bitcoin. This acquisition increases the company’s total Bitcoin holdings to 372 units, valued at $35 million, at an average price of $94,047 per Bitcoin.  Notably, this …