The post Time to Buy XRP? Record $250 Million of Outflow appeared first on Coinpedia Fintech News The current market sentiment appears confusing due to the immense profit-taking in the past 24 hours. Amid this, XRP, the native token of Ripple Labs, seems promising and is poised for a massive upside rally, as long-term holders have shown strong interest and have been accumulating substantial amounts of tokens. Record $250 Million of XRP …

The post Rumble Embarks On $20M Strategy with First Bitcoin Purchase appeared first on Coinpedia Fintech News In a latest development, Rumble CEO Chris Pavlovski on January 20, disclosed that the firm had made its first Bitcoin purchase on January 17, in line with its $20 million treasury strategy. He suggested that this would be the first of many, though the exact amount purchased remains undisclosed at the time of writing. With …

The post Coinbase Adds Support for TRUMP Token on Solana Network appeared first on Coinpedia Fintech News In a latest development, Coinbase has announced support for the TRUMP token on the Solana network. Users must ensure transfers are made exclusively via the Solana network to avoid potential loss of funds. The token is now available for transfers in regions where trading is supported. Coinbase noted that it will add support for the …

The post World Liberty Financial On Aggressive Accumulation Spree, Is Trump Buying These Coins? appeared first on Coinpedia Fintech News Trump’s World Liberty Financial (WLF) made another crypto purchase shortly after the swearing-in of Donald Trump as the 47th president of the United States. Blockchain analytics firm Arkham Intelligence Insights also identified the transactions in a post on X, pointing out that WLFI rotated its treasury into Bitcoin before the inauguration. “The instant he was …

The post Donald Trump Celebrates 47th Presidency with $47 Million Bitcoin Investment appeared first on Coinpedia Fintech News The inauguration of President-elect Donald Trump became one of the biggest events for the cryptocurrency community, as everyone eagerly awaited Trump’s words to see if he would mention anything related to crypto. During the event, rumors circulated that Trump’s World Liberty organization had made significant purchases of Bitcoin (BTC) and Ethereum (ETH). Trump’s World Liberty …

The post Nearly $100 Million Worth of Positions Liquidated After Trump Omits Crypto in Inauguration Speech appeared first on Coinpedia Fintech News After Donald Trump’s active involvement in the crypto market, including the launch of his own meme coin, market analysts expected him to discuss the future of crypto during his inauguration speech. However, Trump concluded his speech without mentioning cryptocurrency, leading to a decline in Bitcoin’s price to around $100,000 and causing $100 million in total …

The post Circle CEO Anticipates Trump’s Crypto Executive Orders Right After Inauguration appeared first on Coinpedia Fintech News Donald Trump’s inauguration as the 47th US President has sparked excitement in the crypto space, with expectations of a crypto revamp. Notably, While Trump has announced plans for 100+ executive orders, experts predict potential policy changes, including revisions to banks’ crypto trading practices and an end to the controversial Operation Chokepoint 2.0 under the new …

The post MELANIA & TRUMP Meme Coins Crash! Is The Trump Token Fever Over? appeared first on Coinpedia Fintech News The cryptocurrency market has experienced a major pullback following the oath-taking ceremony of Donald Trump. Reportedly, with Trump failing to highlight cryptocurrency in his inauguration speech, the crypto space took a nose dive with the price of Bitcoin retesting its low of $102,000. Notably, top marketers had speculated for such an event to occur following …

The post Bitcoin Price Dips: Trump’s Presidential Speech Snubs Bitcoin and the Future of Crypto appeared first on Coinpedia Fintech News In the lead-up to Donald Trump’s inauguration as the 47th president of the United States, Bitcoin saw a major rally, briefly reaching a peak of $109,000. However, the cryptocurrency’s price failed to maintain this momentum and began to dip following the inauguration ceremony, eventually falling below $102,000. Trump’s failure to mention cryptocurrency during his inauguration …

The post TRUMP Coin Crash? Fail to Hold Support appeared first on Coinpedia Fintech News The official Trump (TRUMP), the recently launched meme coin by the United States pro-crypto president Donald Trump, is making waves with its impressive price performance. However, today, January 20, 2024, as Trump began his inauguration speech, the TRUMP meme coin failed to hold its crucial support and is now poised for a massive price decline. …