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  • Shiba Inu Rally Imminent? 1.23 Trillion SHIB Moves into Wallet

    The post Shiba Inu Rally Imminent? 1.23 Trillion SHIB Moves into Wallet appeared first on Coinpedia Fintech News Amid ongoing market uncertainty, Shiba Inu (SHIB), the popular and second-largest crypto meme coin, has gained attention from crypto enthusiasts and made a big move. Today, February 6, 2024, blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale transferred 1.239 trillion SHIB tokens, worth $20.136 million, from the Kraken cryptocurrency …

  • XLM at Risk of 40% Price Drop, Bearish Pattern Sparks Sell-Off Warnings

    The post XLM at Risk of 40% Price Drop, Bearish Pattern Sparks Sell-Off Warnings appeared first on Coinpedia Fintech News In this market uncertainty, XLM, the native token of Stellar, appears bearish and is poised for a massive price decline. This bearish outlook is further supported by intraday traders, who seem to be strongly betting on short positions, as reported by the on-chain analytics firm CoinGlass. Traders’ Strong Bets on Short Positions Today, February 6, …

  • FDIC Set to Revise Guidelines, Allowing Banks to Engage in Crypto Activities

    The post FDIC Set to Revise Guidelines, Allowing Banks to Engage in Crypto Activities appeared first on Coinpedia Fintech News In a significant development, the US Federal Deposit Insurance Corporation (FDIC) is reportedly planning to revise its guidelines, allowing banks to engage in crypto activities. FDIC to Revise Crypto Guidelines Marking Huge Shift This development is part of the broader shift in the U.S. under the pro-crypto Trump administration, which aims to overhaul policies toward …

  • RLUSD Stablecoin Now Available on Zero Hash and Revolut, Enabling XRP and Ethereum Transactions

    The post RLUSD Stablecoin Now Available on Zero Hash and Revolut, Enabling XRP and Ethereum Transactions appeared first on Coinpedia Fintech News Ripple has announced that its RLUSD stablecoin is now available for trading on two crypto platforms, further expanding its presence. RLUSD stablecoin is now available on the Zero Hash and Revolut crypto exchange. The platform also highlighted that this integration will enable customers to use the stablecoin for transactions on both the XRP Ledger and …

  • “Strategy” the New Name of MicroStrategy with Bitcoin and AI Focus

    The post “Strategy” the New Name of MicroStrategy with Bitcoin and AI Focus appeared first on Coinpedia Fintech News The world’s largest corporate Bitcoin (BTC) holding firm, MicroStrategy, has been renamed to Strategy, as revealed by its founder and chairman, Michael Saylor, on X (formerly Twitter). This name change is gaining significant attention from crypto enthusiasts worldwide, as the Bitcoin symbol “B” in the corner of the new name hints at the company’s Bitcoin …

  • Breaking: MicroStrategy Rebrands as ‘Strategy’, Unveils Bitcoin-Inspired Logo

    The post Breaking: MicroStrategy Rebrands as ‘Strategy’, Unveils Bitcoin-Inspired Logo appeared first on Coinpedia Fintech News In a boldest embrace of Bitcoin, Microstrategy, primarily known for being one of the largest corporate holders of Bitcoin and a software company has revealed its new name and logo.  The firm is now doing business as Strategy. Strategy is the world’s first and largest Bitcoin Treasury Company, the largest independent, publicly traded business intelligence …

  • BlackRock to Launch Bitcoin ETP in Europe: Bloomberg

    The post BlackRock to Launch Bitcoin ETP in Europe: Bloomberg appeared first on Coinpedia Fintech News BlackRock, the world’s largest asset manager, is preparing to introduce an exchange-traded product (ETP) linked to Bitcoin (BTC) in Europe. The fund is expected to be based in Switzerland and could begin marketing as early as this month as per a Bloomberg report.  “Being able to gain Bitcoin exposure via the ETP wrapper has proven …

  • Ethereum Price to Skyrocket? $402 Million Worth ETH Outflow

    The post Ethereum Price to Skyrocket? $402 Million Worth ETH Outflow appeared first on Coinpedia Fintech News Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is poised for a massive upside rally. It has recently formed a bullish price action pattern on a monthly time frame. A crypto expert posted on X (formerly Twitter), sharing an ETH chart and highlighting how it mirrors Bitcoin’s (BTC) chart before its explosive 2024 surge. …

  • FDIC Releases Documents on Crypto Debanking Ahead of Congressional Hearing

    The post FDIC Releases Documents on Crypto Debanking Ahead of Congressional Hearing appeared first on Coinpedia Fintech News Just ahead of the scheduled congressional hearing on banking practices and financial access, the Federal Deposit Insurance Corporation (FDIC) released 175 documents related to its supervision of banks that engaged in, or sought to engage in, crypto-related activities as per a recent press release.  Banks Halted Crypto Activities Due To Regulatory Obstacles Acting FDIC Chairman Travis …

  • Standard Chartered Forecasts Bitcoin to Hit $500,000 by 2028

    The post Standard Chartered Forecasts Bitcoin to Hit $500,000 by 2028 appeared first on Coinpedia Fintech News In a latest development, Standard Chartered, a British multinational bank, has issued a bold prediction that Bitcoin (BTC) could reach $500,000 before Donald Trump’s presidency ends. The bank expects this price surge due to a more favorable regulatory environment and increased access to Bitcoin.  Bitcoin’s Market Cap To Surpass Apple and Microsoft? Notably, it forecasts Bitcoin …

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