The post Grayscale: Strategy’s $216M Bitcoin Sale Is a Positive Sign for BTC appeared first on Coinpedia Fintech News Grayscale believes Strategy’s recent decision to sell a portion of its Bitcoin holdings is being misunderstood. While some investors viewed the move as bearish, the asset manager argues it actually strengthens both the company’s financial position and Bitcoin’s long-term outlook. “On the surface there is nothing wrong with Strategy’s balance sheet. The company owns ~$52 …

The post “If America Can Get Out of This Nonsense, Crypto Is Going to Do Really Well” Says Charles Hoskinson  appeared first on Coinpedia Fintech News Charles Hoskinson in a recent interview said, the cryptocurrency industry would be in a much stronger position if it were not so heavily influenced by US politics. He argued that regulatory uncertainty and political developments have repeatedly disrupted what would otherwise have been a normal market cycle. Hoskinson opened with a blunt assessment of the …

The post Attacker Drains $20M From BonkDAO Treasury Through Token-Weighted Exploit appeared first on Coinpedia Fintech News BonkDAO (Decentralized Autonomous Organization) has reported that it was recently the victim of a $20 million drain via a decentralized governance exploit. BonkDAO suffers $20M theft According to the organization, the attacker first purchased $4 million worth of BONK tokens from several exchanges to gain sufficient voting power. They then used this to single-handedly pass …

The post Trump Says Crypto Figures ‘Lucky’ as US Fights China Over Crypto Dominance appeared first on Coinpedia Fintech News US President Donald Trump has affirmed his support for crypto figures and the industry at large, saying the country is working to outpace China in crypto developments. Trump says the crypto industry is “lucky” that he is president In a July 6 statement at the White House Oval Office, Trump blamed the Biden administration for …

The post Is XRP Really ‘Nothing’? Exclusive: What Hayes and Hoskinson Are Missing About Ripple appeared first on Coinpedia Fintech News Arthur Hayes called XRP “absolutely nothing” last week. Charles Hoskinson took a swipe at Ripple CEO Brad Garlinghouse’s approach to regulation. Edo Farina, an analyst and XRP supporter, addressed both in an exclusive interview with Coinpedia. Hayes: Price Loyalty, Not Substance Hayes framed his argument around early price gains rather than technology. “You could be …

The post Bitcoin Price Rallies Despite Strategy Selling 3,588 BTC—Was the Event Already Priced In? appeared first on Coinpedia Fintech News Bitcoin (BTC) price remained resilient after a recent event that appeared as a bearish catalyst. One of the biggest BTC whales, MicroStrategy, has been selling the crypto lately, which has raised many eyebrows. The first sale created some panic, but the next two failed to have a negative impact despite the number of tokens being …

The post Can Tokenized Stocks Become a $3 Trillion Market? Securitize CEO Reveals Big Expansion Plan appeared first on Coinpedia Fintech News The tokenized real-world asset (RWA) market continues to grow as more Wall Street firms move traditional assets onto blockchain. Now, one of the industry’s biggest players, Securitize, has announced a major expansion after raising over $400 million through its public listing.  The company’s CEO believes tokenized stocks and ETFs could become a multi-trillion-dollar market, but …

The post Major Staking Upgrades Live on Polkadot Today: Is DOT Price Set To Rise Over $1 Now? appeared first on Coinpedia Fintech News The DOT price has spent months looking like a forgotten corner of the crypto market. After collapsing from an all-time high of $56 to an all-time low near $0.80, optimism has been in short supply. Yet over the past week, something finally changed. Between July 1 and July 6, the DOT price climbed roughly 12%, …

The post Monad Price Jumps 29% After Metamask Integration as DeFi Activity Surges appeared first on Coinpedia Fintech News The Monad price is finally showing signs of life this week. After spending entire June buried near a historically important demand zone, the token has climbed 29% between June 30 and July 6, rising from around $0.017 to a current market price of $0.023. And this time, the rally isn’t happening in a vacuum. A …

The post Cardano Price Reverses Trend as Holder Count Climbs—Can ADA Sustain a Long-Term Recovery? appeared first on Coinpedia Fintech News Cardano price has staged a recovery, trying to break the long-term descending trend after staging a rebound from $0.14. Moreover, this recovery is backed by a steady rise in the network activity, which suggests that the investors are gradually regaining confidence in the network. While the recent momentum has improved the short-term outlook, Cardano still …