Crypto

Cardano (ADA) has recorded a significant 20.29% price increase for the past seven days in line with the current green movement for most cryptocurrencies. ADA trading volume has spiked massively since it bottomed out at $0.335 on July 8, allowing it to outperform the majority of the large market-cap cryptocurrencies. For those wondering, ADA’s price surge can primarily be attributed to large on-chain transactions in the past seven days.  Cardano Outperforming Many Cryptocurrencies Cardano is currently outperforming the market and…

Argentina partners with Solana to launch “Forma” in August, aiming to boost cryptocurrency adoption. “Forma” seeks to establish a Solana Economic Zone in Argentina, promoting technological and economic progress. Argentina is poised to initiate a groundbreaking project with the cryptocurrency platform Solana, signaling a significant advancement in the nation’s digital finance sector. The collaboration, named “Forma,” is set to launch in August and aims to establish a Solana Economic Zone within Argentina. ??????????? ????? We're developing the first ever Solana…

The ongoing surge of interest in Solana meme coins is still very much on. The meme coin frenzy on Solana has largely kept SOL token prices afloat within monthly averages even after the recent Bitcoin crash. However, the smart money is moving away from Solana meme coins in favor of utility tokens like Kaspa (KAS) and exciting new crypto presale Rollblock ($RBLK). And why not? Utility tokens, after all, have held their value better over time and are less prone…

The post FTX Reaches Settlement with CFTC: Are Crypto Holders Finally Getting Their Money Back? appeared first on Coinpedia Fintech News FTX, the notorious cryptocurrency exchange that collapsed in 2022, has announced a settlement with the Commodity Futures Trading Commission (CFTC) as part of its ongoing bankruptcy proceedings. Meanwhile, the agreement, which awaits court approval, could reshape the landscape for affected cryptocurrency holders and mark a critical step in the ongoing bankruptcy process.  Perhaps the details reveal a complex arrangement…

The post Crypto Crackdown in Nigeria: Binance Accused of Tax Evasion! appeared first on Coinpedia Fintech News In a landmark move, a Nigerian court will begin proceedings against Binance on October 11 for alleged tax evasion, as reported by Reuters. The cryptocurrency giant faces four counts, including failing to register with Nigeria’s Federal Inland Revenue Service for tax purposes. More on this below! Binance Pleads Not Guilty At a hearing before Judge Emeka Nwite on Friday, Binance representative Ayodele Omotilewa…

Pawfury (PAW) emerges as a promising cryptocurrency, distinguishing itself with a focus on real-world applications and community engagement. With a successful presale and optimistic projections, investors are eyeing Pawfury as a potential market disruptor in the crypto space. Analysts stress the importance of thorough research and risk assessment in light of the volatile nature of the market. Pawfury: A New Contender in the Cryptocurrency Arena In the ever-evolving landscape of cryptocurrency, newer coins are emerging with promising potential. Among these…

The post Crypto Hacks Weekly Report: DeFi and Celebrities Under Attack! appeared first on Coinpedia Fintech News This week’s Crypto Hack Weekly Report brings to light the latest hacks and vulnerabilities shaking the crypto world. From breaches in prominent platforms to the exploitation of celebrity accounts, these incidents have created significant ripples in the community. Here’s a detailed look at the major hacks and the countermeasures taken. It’s going to be heavy for sure! 1. Dough Finance Issues Ultimatum After…

The post Crypto Prices Regain Upward Momentum, BTC Hits $58k, XRP Surges 9% appeared first on Coinpedia Fintech News The crypto prices today have regained an upward momentum as Bitcoin briefly touched the $58K mark once again and  XRP also witnessed an upsurge worth nearly 9%. Notably, the Bitcoin ETFs recorded nearly $1 billion worth of inflows this week. The global crypto market also saw a slight 1.10% increase in value to $2.14 trillion today. Ethereum’s price also showed an…

The post Coinbase Insights: Q3 Crypto Market Prediction Amid Bitcoin Sales and Fed Rate Cuts appeared first on Coinpedia Fintech News Coinbase, in its weekly market commentary, noted that the Q3 started on a sour note with supply overhangs generated by indiscriminate Bitcoin selling from sources like the German government. While the size of the Bitcoin sales hasn’t been large relative to daily BTC spot volumes, it has put pressure on Bitcoin prices. However, today, the German Government has emptied…