Crypto

Crypto expert Michaël van de Poppe recently revealed that he had sold all his Bitcoin and rotated his capital to altcoins. The analyst explained the reason for this move and remarked that he was doing this to acquire more of the flagship crypto later on. Why This Analyst Swapped His Bitcoin For Altcoins In an X (formerly Twitter) post, Van de Poppe explained that altcoins have been “crushed unreasonably hard.” As such, he believes things can only improve from here…

This year, there are a lot of tokens in the altcoin market with promising capabilities for gains and there are also startup tokens that are gleaming with potential to disrupt the market they’re tapping into. While some of the most savvy investors eye Tron (TRX) coin and Polkadot (DOT) token due to recent developments in their network, others have caught on to the new online gambling GameFi protocol called Rollblock (RBLK). Showing signs of rivaling Tron and Polkadot, Rollblock may…

The post Web3, Blockchain, and Crypto Weekly Update: Major News, Market Trends, and Key Insights appeared first on Coinpedia Fintech News Welcome to your go-to source for all things Web3, Blockchain and Crypto! Our Weekly report dives into the freshest updates and game-changing developments in the fast-paced world. We curate the best data from trusted sources to keep you ahead of the curve. Ready to stay informed and inspired? Let’s explore the latest trends and insights together!  1. Web3, Blockchain…

The post Hong Kong SFC Warns Against AI-Powered Crypto Scam Featuring Fake Elon Musk appeared first on Coinpedia Fintech News The Hong Kong SFC (Securities and Futures Commission) has warned sternly about a crypto scam using deep fake technology. The scam involves AI-generated videos of Elon Musk endorsing a fraudulent trading platform called ‘Quantum AI.’ This scam underscores the increasing use of AI in committing fraud. The SFC has taken a public stance against Quantum AI for making unrealistic promises…

The post 5 Best New Crypto To Buy Now With Potential 30x Returns appeared first on Coinpedia Fintech News With Bitcoin climbing to new highs in 2024, investors are looking for opportunities that can make them rich. The launch of hundreds of coins poses a dilemma: Choose one crypto and earn returns in the long term. Financial experts predict a bullish trend in 2024, which makes it an important investment consideration for investors. Crypto segments like gaming, decentralized finance, meme…

The post Crypto Hack Report This Week: Analyzing Recent DeFi Hacks and Security Breaches appeared first on Coinpedia Fintech News The last week saw a bunch of high-profile cyberattacks on giant players in the cryptocurrency industry with a particular focus on DeFi platforms, crypto-hedge funds and other blockchain-based services.  Join us in this week’s crypto hack report focusing on types of attacks, their methods of implementation, and the evaluation of response actions before and after the lifecycle of those attacks.…

Stuart Alderoty of Ripple backs the Senate’s rejection of the SEC’s divisive cryptocurrency regulatory proposal. The bipartisan action shows the increasing popularity of reasonable cryptocurrency innovation and regulation. Chief Legal Officer (CLO) Stuart Alderoty of Ripple has become a strong advocate after the US Senate decisively rejected the controversial cryptocurrency regulatory plan of the Securities and Exchange Commission (SEC). The Staff Accounting Bulletin (SAB) 121 rule from the SEC has caused a great deal of worry in the banking and…

The AI crypto market is hotting up with the arrival of Raboo, a brand-new player in the meme coin market that provides users with built-in AI content generation capabilities. The Raboo presale has already passed the $1 million milestone while building a passionate and engaged community of over 6,000 registered members and 2,000 token holders. As Raboo takes the crypto market by storm during its ICO, experts wonder whether it and Injective can take advantage of ICP’s recent dip to…

The post US Crypto Miners Eye Middle East Amid Regulatory Crackdown appeared first on Coinpedia Fintech News The persistent regulatory crackdown in the US on crypto businesses might drive miners away as they now eye the Middle East as the next region for growth. The Biden administration’s proposed 30% tax on electricity use for digital asset mining operations could devastate the industry in the US, raising concerns among crypto miners. The CEO of an Oman crypto mining firm claims that,…