Crypto

The post What’s Next for Crypto Regulation After FIT21 Passes in the House? appeared first on Coinpedia Fintech News The U.S. House of Representatives made history on Wednesday by passing the Financial Innovation and Technology for the 21st Century Act (FIT21) with a vote of 279 to 136.  The Republicans led this landmark bill, representing the first comprehensive legislation to regulate the crypto market. Speaker Nancy Pelosi and 71 other Democrats supported the bill. In addition, the importance of the…

The post Is the Crypto Market About to Retrace Again? These Factors Indicate as much! appeared first on Coinpedia Fintech News Since the Bitcoin price broke above the sluggish consolidation below $40,000, market participants have viewed the rally as the beginning of a bull run. This also filled them with a lot of optimism and positive sentiments, which enabled the BTC price rally to mark a new ATH very close to $74,000. This caused a notable drain in the price,…

The post Crypto Market Awaits SEC Verdict: Ethereum ETF Approval Speculations appeared first on Coinpedia Fintech News Amidst regulatory anticipation, market analysts are eagerly awaiting the Securities and Exchange Commission’s decision to approve or disapprove an Ethereum exchange-traded fund. Speculations have emerged regarding the potential approval, sending major waves through financial circles.  Thenceforth, Fox Business’ Senior Correspondent Charles Gasparino has weighed in on the outcome’s potential implications for Ethereum and the larger cryptocurrency market. Breaking: If the @SECGov does approve…

XRP price started a fresh decline after it failed near $0.5570. The price is now correcting gains and might decline heavily if it breaks the 100-hourly SMA. XRP struggled near the $0.5570 zone and trimmed gains. The price is now trading below $0.5350 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.5320 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must stay above the 100-hourly…

The crypto industry has been dominated by the recovery of major cryptocurrencies and regulatory developments, but one unexpected player has taken the market by storm. Black Phoenix, a payment system protocol, and its native token, BPX, have witnessed an astonishing surge in price, outperforming the entire market with historical performance. Notably, Black Phoenix’s BPX token reached an all-time high of $2.60 on May 22, propelled by a staggering 4,400,000% growth in the past 24 hours and over 6,500,000% in the…

Crypto analyst Oscar Ramos has outlined why he doesn’t believe the Shiba Inu price can go above $0.01 this cycle. He made this statement while alluding to the possibility of the meme coin reaching $0.5 at some point in the future.  Why Shiba Inu Can’t Go Above $0.01 Ramos mentioned in an X (formerly Twitter) post that Shiba Inu can’t go above $0.01 because of its current supply of over 589 trillion, according to data from CoinMarketCap. The crypto analyst…

The post Nvidia’s Earnings Report Poised to Skyrocket AI Crypto Tokens—Here’s What You Need to Know appeared first on Coinpedia Fintech News As Nvidia prepares to release its highly anticipated earnings report this week, both traditional finance (TradFi) and cryptocurrency markets are bracing for impact. The chip giant’s performance is expected to have far-reaching implications, particularly for AI tokens in the crypto space. Here’s what you need to know about Nvidia’s earnings and their potential ripple effects on the market.…

An analyst has explained how Polygon could see a rally of around 17% if the cryptocurrency’s price breaks above this level. Parallel Channel May Reveal What Could Be Next For Polygon In a post on X, analyst Ali has discussed about a parallel channel that Polygon has been consolidating inside during the last few weeks. The “parallel channel” here refers to a technical analysis (TA) pattern that’s drawn using two parallel trendlines. This pattern’s upper line joins successive tops in…

The Satoshi Nakamoto Token (SNMT) stands out as a unique and community-driven digital asset on the Bitcoin blockchain and is deployed on the secure BRC-20 Bitcoin chain.  The Satoshi Nakamoto Token has a total supply of 100,000,000 $SNMT tokens. This project's commitment to a fairly minted ecosystem ensures that every participant has an equal opportunity to engage in this groundbreaking tokenomic experience. This BRC-20-based token is specially made to revolutionize the meme world and is currently one of the best…