Crypto

Bitcoin’s price finally went on a roll as the US ETF inflows turned positive, and the cryptocurrency jumped to its highest price in about ten days of over $71,000. The altcoins have also turned green, with ETH nearing $3,700, while DOGE and SHIB are up by 7% each. Bitcoin’s Resurgence Last week was quite harmful to the primary cryptocurrency as the asset plummeted to under $61,000 on Tuesday morning amid fears of what the US central bank might do later…

The post Which Crypto Will Explode in 2024? (Top Picks for Investors) appeared first on Coinpedia Fintech News As we venture further into 2024, the burning question on every investor’s mind is: “Which crypto will explode next?” There are countless options to choose from, but making the right choice can yield significant returns. Cryptocurrency has become a popular investment choice for many due to its potential for high returns. However, with so many options available, it can be overwhelming to…

The post Terraform Labs vs. SEC: A Multi-Billion Dollar Crypto Trial Unravels appeared first on Coinpedia Fintech News The SEC has waged a full-blown war with Terra and its ex-founder, Do Kwon. In defense of the right to speak, SEC emphasizes that “this is not a case of technology, trial and error, this is a case of fraud.” While defense lawyers call it a failure. Let’s see what is happening.   A Multi-billion dollar Trial Crypto Begins?  According to a Bloomberg…

The London Stock Exchange (LSE) plans to list crypto exchange-traded notes (ETNs) by May 28, after a regulatory shift by the Financial Conduct Authority (FCA).  According to reports, the LSE signalled its intent to start accepting proposals for physically backed-bitcoin- and ether-related ETNs, i.e. debt securities that would trade on the exchange during London trading hours. LSE Lays Out the Next Steps On Monday, in a notice, the LSE clarified the next steps for those looking to issue such products;…

One of the leading cryptocurrency exchanges, KuCoin, announced its latest groundbreaking milestone as it became India's first FIU-compliant global crypto exchange. The news follows just days after fellow exchange OKX announced it would retire its services in India.  KuCoin, one of the leading crypto exchanges, ranked in the top seven worldwide, announced in a press statement its groundbreaking milestone as the first FIU-compliant global crypto exchange in India.  KuCoin Secures Its Regulatory Status While OKX Retreats The exchange’s announcement marks…

As per a Bloomberg report, institutional clients of Goldman Sachs’ Asia Pacific division are displaying revitalized interest in Bitcoin, Ether, and other crypto assets. This trend indicates a notable evolution in the investment landscape for traditional financial institutions. According to Max Minton, the head of digital assets at Goldman Asia Pacific, a significant number of the firm’s top clients have recently engaged or are considering opportunities in the crypto industry. Bitcoin Remains the Most Popular This resurgence in interest follows…

Jupiter (JUP) has had a remarkable month, with its price skyrocketing over 150% in the last 30 days. Amid the crypto market slowdown and some controversies, JUP’s performance has maintained momentum. Crypto Analyst Sees “Decent” Entry Spot For JUP Jupiter’s JUP started the month trading around $0.63 and has seen the price jump 106% in 25 days. The token’s performance this month showed sideways price action before climbing to a new support level twice, which could suggest that another price…

Crypto expert popularly known as KSI has shared his thoughts on how the Bitcoin price could progress until the peak of this bull cycle. Based on his prediction, the flagship crypto could experience significant dips on its way to a new all-time high of $100,000.  $80,000 Could Be Next For Bitcoin KSI mentioned in an X (formerly Twitter) post that Bitcoin could rise to between $73,000 and $80,000 from here. However, a correction could quickly follow, as the crypto analyst…

There are a couple of events to watch out for this week, as they could prove pivotal in determining the future trajectory of the crypto market. These events could provide some certainty to the market or cause investors to wait on the sidelines for more favorable market conditions.  Events That Could Affect The Market This Week Some Federal Reserve officials are scheduled to speak at different events this week. One of them is Governor Lisa Cook, who will give a…