Impact

Veteran crypto trader, Peter Brandt has issued a warning to the broader crypto community, stating that the industry has yet to experience its biggest disaster. Brandt boldly predicts that this catastrophe will be linked to cryptocurrency staking and the people involved in it.  Staking Could Lead To Crypto’s Greatest Disaster In an X (formerly Twitter) post on May 24, Brandt labeled crypto staking as one of the biggest threats to the digital currency space. According to the analyst, staking could…

The new ETH ETF is set to make a big splash in the cryptocurrency market. Industry experts anticipate significant effects on popular tokens like PEPE, WIF, and Shiba Inu. One coin, however, might outshine them all as the bull run of 2024 picks up speed. Investors are keen to discover which cryptocurrency will rise above the rest in this exciting development. Over $6 Million Raised: BlastUP Presale Continues, Offering Up To 1000% Potential ROI BlastUP has been getting a lot…

New York, United States, May 22nd, 2024, Chainwire $SHARE on Solana is utilizing blockchain technology to aim for the transformation of positive impact into viable investment opportunities. As the first decentralized impact fund, $SHARE gives investors the opportunity to drive meaningful global change while potentially achieving financial growth. Representing the future of finance, stakeholders aim to grow their investments while fueling meaningful impact across the globe by the collective. $SHARE (@shareon_crypto on X) isn't just another cryptocurrency; it is a…

The US crypto industry is engaged in an intense battle against the White House, with tensions reaching a boiling point over the Biden administration’s relentless push for onerous regulations and crackdowns on digital assets. According to Charles Hoskinson, the founder of Cardano, this anti-crypto stance may very well cost US President Joe Biden another term in office. In a scathing rebuke, Hoskinson accused the administration of harboring a “systematic effort to hurt the crypto industry,” citing numerous policy meetings, private…

The post CME to Offer Spot Bitcoin Trading: Impact on Binance and Coinbase appeared first on Coinpedia Fintech News The Chicago Mercantile Exchange (CME), a leading bitcoin futures exchange, is reportedly considering offering spot bitcoin trading. This move could significantly impact major players like Binance and Coinbase by providing a regulated trading environment for bitcoin, addressing growing demand among market participants. Interestingly, followed by the news Bitcoin spot ETF trading has surged, reaching $5.65 billion, the highest since March 24th…

The post Hold or Sell? Here’s How US Inflation Could Impact Your Crypto Investments appeared first on Coinpedia Fintech News A critical data release is imminent, and it has the potential to shake up the cryptocurrency market in a big way. This isn’t your average economic report – this information could be the difference between soaring profits and unexpected losses for your crypto holdings. Is it time to celebrate or brace for impact? Read on to find out! 1. US…

Tokyo-based Bitcoin exchange, Mt. Gox is preparing to release a substantial amount of Bitcoin (BTC) into the market, signaling the upcoming disbursement of payments to creditors who had been affected by its hack attack in 2011.   Mt. Gox Set To Release 142,000 Bitcoin Into Market Reports from Reddit reveal that the Kraken Bitcoin (BTC) and Bitcoin Cash (BCH) API interface have signaled that Mt. Gox is getting ready to release its substantial cryptocurrency and fiat holdings, which include 142,000 BTC…

The post UK Elections Unlikely to Impact Crypto Regulation appeared first on Coinpedia Fintech News Industry stakeholders believe that the approaching UK elections will not affect the country’s progress in regulating the crypto sector. The UK became a crypto hub in 2022 with the introduction of the markets bill by the Conservative party, which enabled crypto to be regulated by the Financial Conduct Authority (FCA). The ruling Conservative party has promised to introduce legislation for stablecoins and staking in the…

Early-stage investment firm Metaplanet announced on Monday that it’s adopting Bitcoin (BTC) as its sole “strategic treasury reserve asset.” This audacious decision signals a growing confidence in the controversial cryptocurrency as a legitimate store of value and hedge against traditional economic woes. Yen Under Pressure, Bitcoin On The Rise Metaplanet’s decision comes amidst a backdrop of sustained economic pressures in Japan. A weakening yen, coupled with high government debt levels and persistently low-interest rates, seems to have pushed the firm…