The post Rain Protocol settles its first DAO with 7.4 billion $RAIN permanently burned appeared first on Coinpedia Fintech News Getting a community to vote on a difficult decision is one thing, but following through when millions of dollars and billions of tokens are involved is another. For decentralized protocols, governance is often measured by what happens during the vote and whether the community can reach consensus. But a vote does not always resolve a …

The post Why Are Bitcoin, Ethereum and XRP Prices Up Today? appeared first on Coinpedia Fintech News Bitcoin surged above $82,000 for the first time since May 11, up 4.0% to $81,209.47, as $510 million in shorts were liquidated within 24 hours. Ethereum climbed 4.2% to $2,518.82, XRP gained 5.7% to $1.45, and BNB rose 4.3% to $727.73. The rally is part of a broader market surge that added over $1.45 trillion …

The post KOSPI Index Jumps After Wild Circuit Breaker Session appeared first on Coinpedia Fintech News Asian markets are rebounding broadly as fears of a US rate hike ease and Wall Street’s rally lifts sentiment. South Korea’s KOSPI gained 1.09%, Japan’s Nikkei rose 0.67%, Hong Kong’s Hang Seng jumped 2.22%, and Shanghai added 0.70%, with lower US yields and softer Fed expectations boosting risk appetite. The KOSPI’s rebound follows a wild …

The post LINK Price Analysis: The Crucial Levels Chainlink Must Break to Rally appeared first on Coinpedia Fintech News Chainlink (LINK) is up 7.13% in the day to trade at $11.82 following several major developments.  The first is the partnership with SWIFT services provider Bottomline, enabling over 600 banks to access Blockchain settlement through Chainlink. The second is Wyoming state adding Chainlink’s Proof of Reserve to its native state-issued FRNT stablecoin for real-time reserve …

The post Solana Eyeing $150: SOL Smashes Key Resistance with Just 2 Hurdles Remaining appeared first on Coinpedia Fintech News Solana (SOL) has broken above the $103 resistance line, trading at $105.22, having gained 5.5% in the day. This marks a major development in terms of the UTXO Realized Price Distribution (URPD) chart. $103.25 was the price at which 39 million SOL were exchanged, making it a massive threshold to cross in the attempt to …

The post FBI Crypto Seizure: $560,000 Confiscated From Hamas Fundraising Ring appeared first on Coinpedia Fintech News The US Department of Justice has seized over $560,000 in cryptocurrencies linked to the Palestinian terrorist designated Hamas and its military wing known as the al-Qassam Brigades. Court orders illicit crypto funds seizure According to a September 1 announcement, the court authorized the FBI to confiscate the funds. It also legalized the disruption of all …

The post XRP Price Prediction For September 4 appeared first on Coinpedia Fintech News XRP is trading at $1.46, up 9.4% over the past 24 hours, after breaking through a downward trend line it had been stuck under for days. The move took XRP from roughly $1.33 to $1.46, one of its strongest single-day gains recently. A Key Support Level Was Just Defended XRP had dropped to a critical …

The post CC Price Eyes Recovery as Burn Activity Gains Ground appeared first on Coinpedia Fintech News Canton Network is making a familiar crypto promise: more real-world financial activity, more onchain settlement, and eventually less token supply. The CC token has now seen 42.35 billion coins minted since genesis, while cumulative burns have reached 5.01 billion. The more interesting part is what happened recently. Weekly minting has declined sharply, while weekly burning …

The post Crypto News Today: BTC Price Breaks $81K, What’s Next? appeared first on Coinpedia Fintech News Bitcoin rose to $81,098.53, up 4.8% over the past 24 hours, pushing past resistance near the 50-week moving average that analysts had been watching closely in recent sessions. A Level Bitcoin Had Struggled to Clear The move follows a period of uncertainty. As recently as a day earlier, Bitcoin’s weekly chart showed signs of rejection …

The post Altcoin Rally Today: Zcash Rallies 17% as DOGE, XRP, SOL and HYPE Join the Surge appeared first on Coinpedia Fintech News The total crypto market cap jumped to $2.8 trillion, up 3.9% over the past 24 hours, as Bitcoin surged roughly 5% to break above $81,000, triggering a wave of short liquidations across the market. Bitcoin Leads, But Altcoins Are Outrunning It Bitcoin is trading at $80,958.93, up 5.6% on the day. Roughly $140 million in …