Crypto

The post Crypto News Today: House Set to Challenge Biden’s Veto on SAB 121 appeared first on Coinpedia Fintech News Get ready for a major crypto shakeup! The U.S. House of Representatives is poised to vote next week on whether to overturn President Biden’s veto of Staff Accounting Bulletin 121 (SAB 121). This proposed rule mandates that companies reporting to the SEC must list their cryptocurrency holdings on their balance sheets, following a schedule set by House Majority Leader Steve…

The post This Week in Crypto Hacks: Major Breaches Lead to $41 Million Loss appeared first on Coinpedia Fintech News Welcome to this week’s Crypto Hack Weekly Report, where we uncover the most alarming hacks and scams shaking up the crypto landscape. This week’s headlines include a massive data breach at Authy, a wallet heist at Bittensor, and a high-profile hack targeting Sydney Sweeney’s X account. Buckle up as we dive into the details of these cyber incidents. Authy Breach:…

The post Top Cryptos To Buy Now As Crypto Market See Reversal appeared first on Coinpedia Fintech News Relighting the hopes of a bull market, the overnight reversal in Bitcoin projects a potential recovery in the altcoins. With the BTC price back to $56,500 and Ethereum above $3,000, the altcoins market is quick to bounce back.  With the meme coins and other altcoins quick to bounce back from the market crash, the bull run in the recovering tokens is expected…

The cryptocurrency market experienced a substantial downturn on Friday, compounding the selling pressure witnessed over the past two weeks. The leading cryptocurrency, Bitcoin (BTC), retraced over 20% from its highs in June and May, dropping as low as $53,500.  The market decline was largely attributed to the long-awaited trustee overseeing the Mt. Gox bankruptcy, who announced the commencement of Bitcoin and Bitcoin Cash repayments to creditors affected by the infamous hack that resulted in billions in losses.  As a result,…

The post When Will the Crypto Market Rise Again? appeared first on Coinpedia Fintech News The ongoing repayments to Mt. Gox creditors are exacerbating the current wave of crypto pessimism, driven by increased selling pressure from Bitcoin (BTC) miners and whales. According to on-chain data from Glassnode, over 21,000 Bitcoins, valued at more than $1.2 billion, were transferred to cryptocurrency exchanges last week. On-chain data reveals that several Bitcoin and Ethereum (ETH) whales, who had collateralized loans on various decentralized…

The post 5 Best Crypto Coins for Long Term in 2024  – Top Crypto To Invest Now appeared first on Coinpedia Fintech News The volatile world of cryptocurrency has left many investors burned, watching their hard-earned money evaporate in sudden market crashes. You would have likely experienced the gut-wrenching feeling of seeing your portfolio plummet overnight, leaving you wondering if crypto is nothing more than a high-stakes gamble. So, you would be thinking, how can you confidently invest in digital…

The post Bitcoin Decline Causes Sharp Drop In Crypto Stocks Ahead Of US Job Report appeared first on Coinpedia Fintech News The stock of prominent crypto companies experienced significant declines as Bitcoin’s decline intensified. MicroStrategy’s shares plummeted over 6% in premarket trading. The MSTR stock plunged 6.53% to $85.09 today. Bitcoin mining firms like Riot Platforms (RIOT) and Marathon Digital (MARA) suffered losses of 5.64% 6.48% and 8.8%, respectively. Further, Marathon Digital’s June mining output decreased to 590 BTC from…

To enter the list of the best cryptocurrencies today, each cryptocurrency presents its advantages and challenges, and future success will depend on its ability to innovate andattract a loyal audience and good investors. Crypto assets such as Brett, highlighted by its loyal users, and XRP, which partially won in court against the SEC, bringing notions of trust, offer distinct opportunities. On the other hand,WW3Shiba is an attractive option for those interested in combininggaming and investing in meme coins. Its numbers…

Blockchain intelligence crypto firm, Arkham Intelligence, has unveiled Ethereum founder, Vitalik Buterin’s substantial $800 million portfolio. The Ethereum founder appears to have amassed his staggering wealth before 2021 by investing in various cryptocurrencies.  However, investors too, can attain considerable wealth by choosing to invest in the right assets. ETFSwap (ETFS), a tokenized ETF and crypto exchange, aims to provide access to vast investment opportunities that could potentially generate new wealth for interested investors.  ETFSwap (ETFS) Unveils Outstanding Crypto and ETF…