Crypto

Institutional investors in Canada substantially increased their cryptocurrency exposure last year compared to the previous bull market cycle, according to a recent survey by accounting firm KPMG. The consulting group’s bi-annual survey, “Institutional Adoption of Cryptoassets,” received 65 responses, including 31 institutional investors managing over $500 million in assets and 34 financial services organizations. Institutional Interest in Crypto Assets Surged in 2023 In its report released on April 24, KPMG revealed that 39% of institutional investors reported having direct or…

The post Crypto Expert Predicts a 1000% Increase in BlastUP: Analyzing the Credibility appeared first on Coinpedia Fintech News Orbid, a famous social media influencer and cryptocurrency expert renowned for identifying high-potential cryptos, recently highlighted BlastUP in a post on X. He suggests that the token is currently undervalued and could soon reach $10.   The fact that this reputable crypto analyst has added BLP to a must-watch list is a meaningful sign. This article delves into the reasons behind the…

A bull market represents a period of significant growth and optimism in finance, marked by rising investment prices. Identifying the onset of such a prosperous phase can be pivotal for investors aiming to optimize their portfolios. Cryptocurrencies, being a notable investment avenue, can see substantial gains during these times. With the bull run of 2024 underway, selecting the right cryptocurrencies for investment before momentum picks up is critical for potential profitability. This article explores the indicators of an emerging bull…

Bitcoin price spike to record highs of $73,000 motivates many retail and corporate investors to review their portfolios and invest some funds into cryptocurrencies. Saving accounts, staking, farming and other passive income tools help to multiply their investments without unnecessary actions and risks. We've broken down where best to invest your bitcoins and stablecoins, as well as how much you can earn from staking cryptocurrencies today. How staking works Staking or savings accounts are an alternative to the current bank…

The FBI stated in an April 25 public service announcement that people should only use the services of registered licensed Cryptocurrency Money Services Businesses. The Bureau pointed out recent law enforcement operations targeting cryptocurrency networks that operate without proper authorization.  The US Federal Bureau of Investigation (FBI) has issued an alert to the American public about not using unregistered cryptocurrency money transfer services. This advisory comes amid the growing legal battles in the United States between regulators and cryptocurrency firms.…

While the world of digital assets is volatile, stories of overnight millionaires have happened enough times. For instance, one trader imprinted their name into the records of crypto legends by transforming a modest $98 investment into a staggering $1.1 million in 91 days only. Contrary to what most people would like to think, this tale isn’t one of mere luck; it involves strategic judgment and keen market insight. Let’s delve into the details.  From $98 to $1 Million: The Incredible…

The post Weak Growth, High Inflation: Is a Massive Crypto Crash Coming?  appeared first on Coinpedia Fintech News Recent signals from the United States economy are stirring fears of stagflation, casting a shadow over the cryptocurrency world, particularly Bitcoin. ELJA, a prominent figure in crypto trading, has highlighted some key events, including disappointing GDP figures and a notable rise in core inflation, indicating rough economic waters ahead. Here’s everything you need to stay aware and safe. Economic Insights: A Close…

The post Crypto Trader Makes $18 Million Profit With PENDLE Token: Here’s His Strategy! appeared first on Coinpedia Fintech News Dominating the finance game, a savvy trader recently made significant transactions resulting in $18 million in profits! Yes, you heard that right! According to reports from Lookonchain a prominent blockchain tracking platform, just three hours ago, the trader made a significant move by depositing a hefty 1.2 million PENDLE tokens into Binance, valued at around $6.74 million. But that’s not…

Velocity Labs has announced a fiat-to-crypto onramp using the Ramp Network through the integration of the Asset Hub.  The crypto onramp will allow Ramp to service any chain parachain in the Polkadot ecosystem.  A New Fiat To Crypto Onramp  Fiat to crypto onramps have always been a pain point when it comes to DeFi (decentralized finance) accessibility. However, this issue was identified quite early on, and builders have been working with regulators, credit card issuers, and other payment infrastructure. With…