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  • Bitmine Says Ethereum Staking Generated 98% of Quarterly Revenue

    The post Bitmine Says Ethereum Staking Generated 98% of Quarterly Revenue appeared first on Coinpedia Fintech News Bitmine Immersion Technologies reported $45.7 million in Ethereum staking and validation revenue for the quarter ended May 31, accounting for 98% of total revenue, according to its latest 10-Q filing. The company generated about $2 million in revenue a year earlier, mainly from machine leasing. Bitmine said its institutional Ethereum staking platform, MAVAN, has staked …

  • Bitcoin Price Tops $65,000 After Softer U.S. PPI Data

    The post Bitcoin Price Tops $65,000 After Softer U.S. PPI Data appeared first on Coinpedia Fintech News Bitcoin climbed above $65,000 and Ethereum reached $1,900 for the first time in 43 days after U.S. producer prices (PPI) fell 0.3% in June, bringing annual producer inflation to 5.5%, below expectations. The rally triggered about $100 million in short liquidations within 30 minutes, while the total cryptocurrency market added nearly $250 billion in value …

  • DTCC Launches Pilot to Tokenize U.S. Stocks and Treasuries

    The post DTCC Launches Pilot to Tokenize U.S. Stocks and Treasuries appeared first on Coinpedia Fintech News The Depository Trust & Clearing Corp. (DTCC) has launched a pilot program to test the tokenization of U.S. stocks and Treasury securities, according to a Wall Street Journal report. The trial involves 40 financial institutions, including JPMorgan, BlackRock, Goldman Sachs and Vanguard, and will evaluate the settlement and custody of tokenized assets on a shared …

  • Ethereum Breaks Above $1,800—Can a $24M Whale Bet Push ETH Toward $2,000?

    The post Ethereum Breaks Above $1,800—Can a $24M Whale Bet Push ETH Toward $2,000? appeared first on Coinpedia Fintech News Ethereum price has finally reclaimed the $1,800 resistance after spending weeks trading below the level, marking one of its strongest technical developments in recent sessions. The breakout comes as market participation accelerates, with a high-profile trader opening a $24.3 million leveraged long position on ETH. The move has quickly shifted traders’ attention toward the next …

  • LINK Price Climbs 4% as Whales Scoop Up $2.17M Worth of Chainlink

    The post LINK Price Climbs 4% as Whales Scoop Up $2.17M Worth of Chainlink appeared first on Coinpedia Fintech News Chainlink (LINK) extended its weekly recovery on Wednesday, climbing more than 4% as investors returned to large-cap altcoins amid a broader crypto market rally. While Bitcoin and Ethereum provided the macro tailwind, LINK’s move appears to be backed by something stronger than market optimism. Fresh on-chain data shows record wallet growth, aggressive whale accumulation, and …

  • Why $2 Billion AI Agent Crypto Market Cap Is Projected to Reach $200 Billion by 2030

    The post Why $2 Billion AI Agent Crypto Market Cap Is Projected to Reach $200 Billion by 2030 appeared first on Coinpedia Fintech News Artificial intelligence is entering a new phase where systems are evolving from answering questions to autonomously completing real-world tasks. Rather than simply generating text or images, AI agents are increasingly being designed to search for information, interact with software, coordinate with other agents, and execute financial transactions on behalf of users. This shift is driving …

  • Japan Crypto News: Parliament Reclassifies Bitcoin, XRP, & Ethereum as Financial Products

    The post Japan Crypto News: Parliament Reclassifies Bitcoin, XRP, & Ethereum as Financial Products appeared first on Coinpedia Fintech News Japan’s House of Councillors passed an amendment to the Financial Instruments and Exchange Act, which officially recognizes cryptocurrencies as financial products rather than payment tools.With this, the country is now planning to cut crypto taxes from 55% to 20% and open the door to Bitcoin ETFs. Japan Moves Crypto Under Financial Product Rules Japan’s parliament …

  • XRP Retail FOMO Is Surging—So Why Isn’t the Price Moving?

    The post XRP Retail FOMO Is Surging—So Why Isn’t the Price Moving? appeared first on Coinpedia Fintech News XRP has gained the spotlight yet again as the sentiments are slowly turning bullish despite the sluggish price action. The token is trading between $1.17 and $1.01, as buyers and sellers are struggling to take control. The optimism around the token has been rising rapidly. On the other hand, the lack of a decisive breakout …

  • LayerZero Executor Wallets Reportedly Compromised in $2.4 Million Crypto Theft

    The post LayerZero Executor Wallets Reportedly Compromised in $2.4 Million Crypto Theft appeared first on Coinpedia Fintech News Blockchain security firm PeckShield said Specter has reported that LayerZero Executor wallets appear to have been compromised, with about $2.4 million in crypto drained across multiple networks, including Ethereum, BNB Chain, Base, Arbitrum, Avalanche, Optimism, Mantle and Plasma. The attacker reportedly bridged the funds to Ethereum and converted most of the assets into 956 ETH …

  • Van de Poppe Spots Altcoin Signal After Six Months of Bitcoin Strength

    The post Van de Poppe Spots Altcoin Signal After Six Months of Bitcoin Strength appeared first on Coinpedia Fintech News Bitcoin has spent nearly six months holding above the $58,000 level despite one negative headline after another. While many traders continue to expect a drop toward $40,000, crypto analyst Michaël van de Poppe explained the market is sending a very different message. According to the analyst, Bitcoin’s resilience is the biggest bullish signal right now, …

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