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MicroStrategy has made a remarkable financial maneuver by converting $1.1 billion worth of its shares into 18,300 Bitcoin (BTC). The latest Form 8-K filings with the U.S. Securities and Exchange Commission (SEC) confirmed this purchase. It took place between August 6, 2024, and September 12, 2024. MicroStrategy Inject Billions Into Acquiring Bitcoin Consequently, MicroStrategy’s total Bitcoin holdings have increased to about 244,800, acquired at an average price of $38,585 per Bitcoin. Following a strategic plan, the company announced on August…

The post Solana Faces Pressure as FTX Holds Over $1 Billion in SOL Amid Liquidation appeared first on Coinpedia Fintech News Solana in Trouble! FTX still holds over $1 billion in Solana (SOL) tokens as part of its ongoing bankruptcy liquidation. The exchange has 7.06 million SOL, worth $945.7 million, staked but unsold, adding pressure to Solana’s market value. Despite recent sales of 530,000 SOL by FTX and Alameda Research, significant holdings remain. The crypto market faces heightened scrutiny and…

The post Dogecoin Trader Who Made $10 Million From Buying Shiba Inu Says This Altcoin Is Set To Rally 200x appeared first on Coinpedia Fintech News A Dogecoin trader who made $10 million from $5,000 early investments into Shiba Inu (SHIB) in 2021 has broken the internet and is driving massive FOMO among smart crypto investors after touting ETFSwap (ETFS) as the next bullish altcoin that is programmed to rally 200x in Q4 2024. Shiba Inu (SHIB) Recovers 3% Following…

The post Ripple’s Legal Chief Blasts SEC Over Confusing Crypto Rules appeared first on Coinpedia Fintech News Ripple opens war against SEC! Recently, Ripple’s top lawyer, Stuart Alderoty, took to social media to blast the SEC for its inconsistent crypto regulations. He criticized the agency for its confusing guidance and even transformed the SEC’s logo into a pretzel to symbolize its confusing rules. Alderoty’s remarks followed the SEC’s recent settlement with eToro, which classified Ethereum as a nonsecurity, adding to…

The post Hong Kong’s SFC Proposes New Licensing for OTC Crypto Services appeared first on Coinpedia Fintech News Hong Kong’s Securities and Futures Commission (SFC) is contemplating a new licensing regime for over-the-counter (OTC) cryptocurrency services and gathering industry players’ feedback. This proposed regulation aims to bring OTC trading under the SFC’s oversight in collaboration with the Customs and Excise Department. The SFC has flagged unlicensed crypto platforms in an alert list, intensifying scrutiny as Hong Kong seeks to enhance…

The post Ethereum Surges 2%, But ETFs See $20M Outflow – What’s Next for ETH? appeared first on Coinpedia Fintech News Ethereum (ETH) has risen by 2%, now trading at $2,368 in the past 24 hours. However, Ethereum exchange-traded funds (ETFs) continue to struggle, seeing another day of outflows totaling $20.14 million.  With a history of weak third-quarter performance, could this signal trouble ahead for ETH, or is a breakout on the horizon? Ethereum ETFs Face Massive Outflows According to…

The post RWA Altcoins Underperform as Meme Traders Earn 1,000% to 5,000% Returns – Top 5 Meme Coins for September Profits appeared first on Coinpedia Fintech News The Bull Run and altcoin season are about to kick in any day now. The market’s chilling at the moment, calm before the storm, with altcoins simmering at their lows. They’re ready to skyrocket without warning. Real World Asset (RWA) coins might be dragging their feet, but meme traders are laughing their way…

The post SafeMoon V2 Price Prediction 2024, 2025: Is SFM A Good Investment For 2024? appeared first on Coinpedia Fintech News Story Highlights The live price of the SFM token is  $ 0.00003221. The SFM price could reach a high of $0.00117 in 2024. With a potential surge, the price may hit $0.00332 by 2030. The crypto sphere has been welcoming to diverse projects over the years. SafeMoon is one of the unique projects which was launched in 2021. Like the…

The post 5 Altcoins That Will Make 20-Year-Olds Millionaires Like Dogecoin Did in 2021 appeared first on Coinpedia Fintech News Young investors have always searched for the next big cryptocurrency. In 2021, Dogecoin turned some into millionaires overnight. Now, fresh opportunities are emerging in the crypto market. This article explores five altcoins with the potential to replicate that success. Discover which coins are poised for exceptional growth and could change lives in an instant. CYBRO Presale Achieves $2 Million Milestone:…