Crypto

The post Crypto Investors Place $500 Million In Spot Bids For Bitcoin And This Ethereum Token Pop 67⁶ are appeared first on Coinpedia Fintech News In a remarkable show of confidence, crypto investors have placed $500 million in spot bids for Bitcoin (BTC) and the Ethereum-based token, ETFSwap (ETFS). This significant investment underscores the growing trust in the cryptocurrency market, particularly highlighting ETFSwap (ETFS) as an increasingly lucrative product for crypto investors. The Innovative Utilities And Infrastructure Of ETFSwap (ETFS)…

The crypto market is down again, with the Bitcoin price testing the $60,000 support level for the 9th time and momentarily dipping below the crucial mark.  Fortunately for the bulls, BTC has climbed back up to $60,500, temporarily invalidating the worst-case scenario of falling to $48,000.  Large-cap altcoins have also suffered heavy losses, with Dogwifhat, Ethereum Name Service and Brett all down by double digits.  The crypto market crash has pushed investors towards presale projects again, considering they are not…

The proposal distinguishes between decentralized crypto-assets and centrally issued ones like USD Coin, subject to specific regulations. The project establishes governance mechanisms and licenses for digital assets, reflecting international standards and FATF recommendations. The ONG Bitcoin Argentina is advocating for a legal framework that defines cryptocurrencies as digital assets, proposing regulations that facilitate operations within the industry. In response to regulatory changes this year, particularly under President Javier Milei’s administration, which introduced stricter controls, the ONG Bitcoin Argentina unveiled a…

The post Federal Reserve Chair’s Crucial Message for Crypto Markets appeared first on Coinpedia Fintech News Federal Reserve Chair Jerome Powell said that the Federal Reserve has achieved ‘quite a bit of progress’ in its ongoing struggle with inflation while stressing the need for further evidence of sustained progress before considering any reduction in interest rates. The comments come at a time when markets keep a close eye on the Fed as inflation appears to be slowing and other central…

The post Whale Sell-Off Crashes Crypto Market: LDO, AAVE, UNI & FXS Trading in Red appeared first on Coinpedia Fintech News Since last week, Bitcoin has been trying to recover after dipping to $58,562. Although it nearly reached $63,976 on July 1, increased selling pressure and continued selling of Bitcoin by the German government forced its price back down to $60,490, reflecting a 3.6% drop. On Wednesday, a prominent crypto whale or institutional investor sold millions of dollars worth of…

The post New GameFi Crypto Presale Live – Can MTAUR Make 1,000x Next Month and Beat TON’s Success? appeared first on Coinpedia Fintech News Toncoin (TON) is emerging as a key player in the Web3 revolution of 2024. Positioned at the forefront of decentralized platforms, Toncoin (TON) stands out due to its robust network capabilities and growing adoption within the crypto community. As Web3 technologies continue to expand, Toncoin’s (TON) innovative features and dedicated development team make it a significant…

An analyst explained that the next target for Bitcoin could be $78,700 if BTC could cross this resistance level of an on-chain pricing model. Bitcoin MVRV Extreme Deviation Pricing Bands Put Resistance At $65,800 In a new post on X, analyst Ali has discussed some price levels for Bitcoin that could be important based on an on-chain pricing model. The model is based on the Market Value to Realized Value (MVRV) ratio. The MVRV ratio is a popular indicator that,…

Bitcoin (BTC) is back in the red during the current session after failing to break past the $64,000 mark on Tuesday. Many were buoyed by Bitcoin’s recent price movements and expected the recent price rise to signal the end of the asset’s recent correction, with the price set to reach new highs. Bitcoin (BTC) Price Analysis Bitcoin (BTC) has started the current session firmly in the red after ending Tuesday just above the $62,000 mark, as sellers made a strong…

The post Robinhood’s Bold Crypto Futures Plan: Expansion Amid Regulatory Scrutiny appeared first on Coinpedia Fintech News Robinhood  Markets Inc. is going to acquire Bitstamp next year for approximately $200 Million. Before this deal is closed they are considering entering the cryptocurrency futures market. This could expand their offering in the US as well as in Europe.  Expansion into Europe and the US Robinhood plans to use Bitstamp’s licenses to offer perpetual futures in Europe. According to anonymous sources, the…