Crypto

The EU explores adding Bitcoin and cryptocurrency exposure to its €12 trillion investment market. Potential inclusion could surpass the market size of current Bitcoin ETFs and signal new all-time highs for BTC and ETH. The European Securities and Markets Authority (ESMA), the EU’s key financial regulator, recently issued a Call for Evidence to review the Undertakings for Collective Investment in Transferable Securities (UCITS) Eligible Assets Directive (EAD). The aim is to assess the risks and benefits associated with allowing UCITS…

The post Japanese Metaplanet Boosts Bitcoin Holdings: Adds 19.87 BTC to Reach $7.4M in Crypto! appeared first on Coinpedia Fintech News In a strategic move reminding us of MicroStrategy, Metaplanet has plunged into Bitcoin, marking it as its top pick for savings. Recently disclosed, the Japanese giant, Metaplanet Inc., has revealed an additional 19.87 Bitcoins, boosting its total holdings to over 117.7 Bitcoins, which are now valued at approximately $7,396,560. This signals a major change in its investment strategy and…

The post Ripple’s Stuart Alderoty Urges Bipartisan Approach to Crypto Innovation appeared first on Coinpedia Fintech News Ripple’s Chief Officer, Stuart Alderoty advocates bipartisan cooperation in cryptocurrency innovation, urging unity beyond political lines. He praises bipartisan consensus in the US House of Representatives, overturning the guidance of the SEC on crypto custody. Although the move is criticized for hindering banks, it gathers support from 21 Democrats and Republicans alike. In fact, Alderoty’s stance aligns with pro-crypto SEC Commissioner Hester Peirce’s…

The post Arkham Flags FTX And Alameda Wallets For Liquidating $97.35M In Crypto Assets Edit Title appeared first on Coinpedia Fintech News FTX and Alameda wallets have transferred and liquidated a combined $97.35 million in crypto assets within the past month. Besides controlling over 78% of the FTT token supply, FTX retains $33.85 million in BOBA and $11.22 million in ETH. Meanwhile, Alameda holds significant holdings including $140 million worth of WLD, $102 million in BIT, $93 million in BTC, and…

The post 5 Best Crypto To Buy Now In 2024 To Maximize Profits – DLUME Takes The Lead With SGAZE, SOL, 5SCAPE, & Cardano appeared first on Coinpedia Fintech News The crypto market has recently seen a steep upward rally, leaving many investors regretting the chance to buy a few of them. Backed with foolproof real-life applications and a wider scope of adoption, some of the best crypto to buy now is the talk of the town. Similar to Bitcoin,…

In a year full of global elections, the crypto industry remains expectant and critical of every candidate’s stance on cryptocurrencies. The US presidential elections could pose a turning point for regulations and adoption that could affect the industry worldwide. On Wednesday, Donald Trump, former US president and Republican candidate, stated his support for the industry and criticized Biden’s administration for its stance on digital assets. MAGA (TRUMP), the Trump-inspired memecoin, saw its price skyrocket  63% in the following hours. Trump’s…

The Ethereum price has been closing mirroring the performance of Bitcoin recently and since the Bitcoin price has been on a downtrend, the ETH price has followed. However, Ethereum on its own seems to possess more bearish fundamentals compared to Bitcoin, leading crypto analysts to believe that the second-largest cryptocurrency by market cap will fall further from here. Ethereum Poised To Crash Further A crypto analyst known as Shin Forex took to the TradingView website to share an interesting analysis…

The Biden administration threatens to veto a bill allowing regulated financial firms to hold Bitcoin, sparking debate over cryptocurrency regulation. Supporters argue that overturning SEC regulations would foster innovation, while critics emphasize the need for investor protection. President Joe Biden’s administration has stirred controversy with its stance on cryptocurrency legislation, particularly House Joint Resolution 109 (H.J. Res. 109). The administration has issued a Statement of Administration Policy indicating President Biden’s intention to veto the legislation, which would permit highly regulated…

The Blockchain Integrity Act bans financial services from processing transactions from coin mixers and stipulates a $100,000 civil penalty for offenders. The bill proposes the ban to last two years, during which the Department of the Treasury would compile a report on the sector to inform further actions. A new bill introduced at the US House of Representatives seeks to ban cryptocurrency mixers for two years, cutting them off from all registered virtual asset service providers (VASPs) for two years.…