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The post VanEck Moves to List $AVAX ETF on Nasdaq appeared first on Coinpedia Fintech News
VanEck has filed a request to launch an $AVAX ETF on Nasdaq, aiming to expand access to the Avalanche blockchain. As the cryptocurrency market continues to grow, the proposed ETF would provide investors with an easy and regulated way to invest in $AVAX. The move highlights the increasing interest in cryptocurrency-based investment products and reflects …
The post U.S. Inflation Dips Below Expectations at 2.4% appeared first on Coinpedia Fintech News
U.S. inflation has decreased to 2.4%, coming in lower than the anticipated 2.5%. This marks a drop from the previous 2.8%. The decline in inflation signals a positive shift in the economy, offering relief to consumers and businesses. The latest figures indicate that inflationary pressures are easing, with the economy showing signs of stabilization. Analysts …
The post XRP Price Hits $21K on Live TV: A Price Glitch Goes Viral appeared first on Coinpedia Fintech News
A live TV glitch on the American Sunrise Early Edition show caused XRPs price to surge to an unbelievable $21,355, a 961,936% increase. This sparked confusion and controversy in the crypto community. The price spike was part of a broader technical issue that also affected the values of other cryptocurrencies like Bitcoin, Ethereum, and Solana. …
The post NCDRC Dismisses 2000 Crore Hack Lawsuit Against WazirX appeared first on Coinpedia Fintech News
The National Consumer Disputes Redressal Commission (NCDRC) has dismissed a lawsuit filed against WazirX over a 2000 crore hack. The court ruled that there is no established legal framework for cryptocurrency-related issues in India. As a result, the case against the crypto exchange was thrown out, highlighting the regulatory gap surrounding cryptocurrency in the country. …
The post Saylors Strategy Adds 6,911 Bitcoin, Investing $584 Million appeared first on Coinpedia Fintech News
Michael Saylors strategy has once again increased its Bitcoin holdings, purchasing 6,911 BTC for $584.1 million, at an average price of $84,529 per Bitcoin. This move further strengthens the company’s Bitcoin reserves and reinforces Saylor’s confidence in the cryptocurrency as a long-term asset. With a consistent focus on expanding its Bitcoin holdings, Saylor continues to …
The post Bhutan Shifts $63M in Bitcoin to New Wallets appeared first on Coinpedia Fintech News
The Bhutan Royal Government has transferred 721.46 BTC, worth approximately $63.24 million, to three newly created wallets within the past hour. The motive behind this sudden transfer remains unknown, fueling speculation in the crypto community. Bhutan has previously shown interest in digital assets, but this latest transaction raises questions about its Bitcoin strategy. Whether it’s …
The post China May Rethink Crypto Ban, Says HK ETF Issuer appeared first on Coinpedia Fintech News
A Hong Kong ETF issuer claims China is actively exploring a shift in its Bitcoin and crypto policy. While the country has maintained a strict stance on digital assets for years, growing global adoption and economic shifts may be prompting a reassessment. If China moves toward regulatory changes, it could have a major impact on …
The post DWF Labs Unveils $250M Fund for Blockchain Growth appeared first on Coinpedia Fintech News
DWF Labs has launched a $250 million liquid fund aimed at supporting mid- and large-cap blockchain projects. Funding allocations will range from $10 million to $50 million per project, providing essential capital for innovation and expansion. This initiative reinforces DWF Labs dedication to advancing blockchain technology and fostering industry-wide adoption. As blockchain projects continue to …
The post “Ditch Gold, Buy Bitcoin?” Senator Lummis Advocates Bold Shift appeared first on Coinpedia Fintech News
Senator Cynthia Lummis has suggested that the U.S. government should sell its gold reserves and invest in Bitcoin. She argues that Bitcoin is a more effective hedge against inflation and a stronger long-term asset. Lummis has been a vocal supporter of Bitcoin, emphasizing its decentralized nature and growing adoption. While her proposal is unconventional, it …
The post India’s Tough Crypto Tax Regulations is Beneficial For Binance appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Indian investors have got a new way to avoid the newly implemented 1% TDS on Crypto transactions. The 1% Crypto Tax was implemented in July 2022, following which the Indian Crypto Traders were seen opting for foreign market investments. The daily transaction volumes on the Indian crypto exchange tanked by 90%. According to the data …
The post Crypto Yields Fall Short in Comparison to the US Govt. Debt appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Amid soaring inflation, the FED has been tightening the monetary measures by raising the interest rates. Jaime Baeza (CEO, ANB investments) said: “Two years ago, interest rates in crypto were at least 10% and in the real world, rates were either negative or near-zero. Now it’s almost the reverse because yields in crypto have collapsed and …
The post Crypto Scammers and Impersonators Increase Amid Market Hype appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Twitter accounts with a “verified” mark that has replicated Buterin’s profile picture, name, and profile description have been identified for actively promoting fake ETH giveaways and misleading investors. Scammers are using such verified profiles to avoid being caught or suspected of their ill intentions. To avoid being a victim of such scams on social media, …
The post Crypto Traders Interested In Shorting Ethereum Ahead Of The Merger appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
The Ethereum Merge has been facing issues with ‘58617786 P’ and the hash rate of 857 TerraHashes/sec. The problem has worsened as now crypto investors seem to be betting on Ethereum to fail the merge. The funding rate for perpetual contracts for Ethereum has reached its highest negative value since July 2021, which reveals that …
The post The Biggest Crash in World History Is Coming – Predicts Robert Kiyosaki! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Robert Kiyosaki warned his followers in an email on Sunday that the market is headed for a catastrophic collapse and advised them to purchase cryptocurrencies before they usurped the US currency and altered the entire financial system. Although Kiyosaki predicted a protracted decline, he reaffirmed that bear markets are the optimum periods for investors to …
The post South Korean Prosecutors Investigate New Allegations Against Terra appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Prosecutors have started investigating just how genuine are the securities being offered by TerraForm Labs. Currently, Terra and its executives are under scrutiny for fraud and tax evasion allegations. The Investigation Team met with the experts to find out if the Terra tokens, i.e., LUNA, LUNC, and UST (now USTC), are actually securities or not. …
The post Everything To Know About DyDX Ruling The Crypto Space! DeFi To Rebound Massively appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
The ban on cryptocurrencies by the Chinese government did hit the crypto space hard. Meanwhile, reports suggest that investors and traders are flocking towards the DeFi world. And the user base of De-Fi could swell drastically in the coming days. The Chinese trading communities are set to learn about decentralized finance. Consequently, this gives us …
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