Crypto

Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase. The likelihood of a 25 bps rate cut increased from 66% to 85%, while the chances of a 50 bps rate cut dropped from 34% to 15%. Meanwhile, Bitcoin…

As we head deeper into 2024, the cryptocurrency market continues to surprise investors with promising opportunities. Among the most discussed potential breakout tokens are Internet Computer (ICP) and Mpeppe (MPEPE). Both cryptocurrencies have attracted the attention of analysts and investors alike, who predict that these assets could see gains upwards of 300% in the near future. With Internet Computer (ICP) showcasing renewed strength and Mpeppe gaining traction as a high-potential meme coin, the two tokens are positioned for impressive growth.…

A crypto analyst is mega bullish on the future outlook of the XRP price, predicting a massive price surge to $40 for cryptocurrency. Despite XRP’s stagnant price growth over the years, this crypto analyst remains confident in the cryptocurrency’s short-term and long-term prospects. XRP Surge Incoming, Don’t Panic Sell XRP, the native token of the XRP Ledger (XRPL) is currently showing incredibly bullish signals according to ‘Steph Is Crypto,’ a market expert on X (formerly Twitter). Sharing a video discussing his…

The post UK Recognizes Bitcoin and NFTs as Personal Property – A Big Win for Crypto Owners appeared first on Coinpedia Fintech News In a significant move, the UK government has introduced a crypto bill in Parliament that could change how digital assets are treated under British law. If passed, the bill will classify cryptocurrencies, NFTs, and tokenized real-world assets (RWAs) as personal property, providing legal protection against fraud, theft, and other risks. This legislation is the first of its…

AirMoney is set to hit the headlines at TOKEN2049 in Singapore on September 18, 2024, with the first hardware that has been designed for the DePIN (Decentralized Physical Infrastructure Network) framework. This is a move shaped to help go beyond the workability around conventional wallets. As such, AirMoney has set its sights on revolutionizing both engagement and usability in Web3 through its AirMoney Degn device. As it is widely known, conventional crypto wallets primarily serve as storage solutions as well…

The Crypto Bull Run and altcoin season are just around the corner. Any day now, the market is about to go wild. Right now, everything feels calm. The calm before the storm, right? Altcoins are sitting at rock-bottom prices, ready to explode. Imagine the thrill of picking the right coins just before liftoff. In this article, expect to uncover which cryptos are primed for massive gains. Buckle up and get ready to dive into this treasure hunt. Discover the best…

The UK government has introduced the Property (Digital Assets etc) Bill to Parliament, proposing a significant shift in how digital assets are treated under the law.  Digital Assets as Personal Property Presented on September 11, 2024, the bill seeks to categorize these digital holdings as personal property, a move that aims to provide legal clarity and protections for asset holders. Under the new legislation, digital assets such as cryptocurrencies, NFTs, and even carbon credits would be considered personal property under…

The post Crypto Price Today: Altcoins Outperform Bitcoin and Ethereum ; Is a Market Shift Underway? appeared first on Coinpedia Fintech News At present, the cryptocurrency industry is not at its glorious period. In the last 30 days, the top two cryptos, Bitcoin and Ethereum, have suffered dips of 1.9% and 11.1%, respectively. With crypto price today reflecting these recent losses, many investors are questioning the potential for recovery. Although it is expected that the market will witness bullish momentum…

The post Oil Art Is Leading the Crypto Art Market with Its High-Performing Token ($OIL) For Investors appeared first on Coinpedia Fintech News Oil Art, a revolutionary and innovative crypto art project, has taken the industry by storm with its high-performing token ($OIL). Crypto art is one of the crypto industry niches with high potential for investors. According to a report by Credence Research, the crypto art market is estimated to grow from $5.5 billion in 2021 to $7.32 billion…