Crypto

Egrag Crypto has forecasted break price increases for VeChain and Ripple in the coming weeks. In his assessment, VeChain has a target price of $2.5, while Ripple is aiming to reach $1.4. Other analysts also predict that Rebel Satoshi Arcade would be the frontrunner of this bull cycle. VeChain and Ripple are two of the top altcoins that can record huge price hikes in the coming weeks, according to EGRAG Crypto. The analyst provided the price targets, VET has been…

The post Changpeng Zhao’s Post-Prison Plans: Embracing Education and Crypto appeared first on Coinpedia Fintech News Four months after his arrest and prison sentence in Seattle, “C.Z.,” the founder of Binance, shared his plans in a thank you message to the supporters on Twitter. He plans to stay a passive investor in crypto and become more implicated in education, through his Giggle Academy. Although he was accused of money laundering last year, Zhao mentions how every exchange needs to follow…

The post US Treasury’s $125M Plan and Arthur Hayes Insights Hint at Crypto Market Recovery appeared first on Coinpedia Fintech News The US Treasury’s $125 million refunding and buyback plan, alongside insights from Arthur Hayes, signal potential market stabilization. This measure by the Treasury Department points at a possible stability for both crypto and stock markets. Arthur Hayes points at macroeconomic factors like a $200 billion infusion of tax receipts to be most crucial for market recovery. Treasury’s strategy includes…

The post UK Treasury Report: Crypto Identified as High-Risk for Money Laundering 2022-2023 appeared first on Coinpedia Fintech News A.U.K. Treasury report ranked crypto, alongside retail and wholesale banking, and wealth management, as the three highest-risk sectors for money laundering during 2022-2023. The Financial Conduct Authority’s risk assessments on 238 firms concurred with the outcome. Since 2020, the FCA has regulated crypto firms to comply with anti-money laundering rules. In fact, the U.K. has been fighting crypto crime by appointing…

Cryptocurrency enthusiasts are keenly observing the movements of large investors, known as whales, as the bull run of 2024 unfolds. May has brought a new set of altcoins into the spotlight, drawing attention from both seasoned and novice market participants. This article delves into five such altcoins that have surfaced on whales' watchlists. It serves as a guide for those pondering whether to invest in these coins or to steer clear. BlastUP Token Projected to Soar 1000% By Year’s End…

99Bitcoins token, a new BRC20 cryptocurrency launched by the 99Bitcoins news outlet, has garnered tremendous momentum in the opening days of its presale. So much so that investors have sunk almost $1 million into the ICO so far, and a prominent market analyst has hailed it as one of the most promising cryptocurrencies. Traders can currently buy 99Bitcoins token at presale for $0.00103, but this price will rise throughout the campaign with the next uptick in six days or when…

Various Bitcoin predictions continue to be made in the post-halving era, given that this event is deemed a game-changer since it continuously slashes circulating supply. Conversely, Borroe Finance ($ROE) is showing its steadfast commitment to tackling liquidity challenges in the Web3 sector head on through its revolutionary peer-to-peer (P2P) marketplace, making it one of the viral token launches. Borroe Finance Long-Term Web3 Outlook Even though Web3 intends to usher in a new internet era where users will be rightfully compensated,…

“Bitcoin Jesus” has been arrested in Spain for causing a loss of at least $48 million to the IRS in an alleged deliberate action to file false tax returns.  With the US authorities expected to seek his extradition to stand trials in the United States, the crypto community reacts as they suspect dislike for his ideology.  Roger Ver, popularly referred to as “Bitcoin Jesus” has found himself in the grips of the Spanish authorities over multiple US criminal charges including…

Decentralized Finance market (DeFi) is recovering following last year’s crash. The total volume of investments in the DeFi protocols has grown from $26.5 billion in Q3 2023 to $59.7 in Q1 2024. What’s the reason behind that?   Choosing Less Risky Assets   According to statistics, investors prefer less risky crypto assets: over 90% of the money invested right now is stored in low risk assets. For example, per the PrismaStake staking platform, in their case the percentage exceeds 95%. …