Markets

The post FTX Refund to Inject $16 Billion into Crypto Markets: Analyst Predicts A Bull Run Ahead appeared first on Coinpedia Fintech News A large flow of capital is coming for Bitcoin, Ethereum, Solana, and many more,  as FTX, the crypto exchange that went bankrupt in November 2022 is poised to refund $16 billion in cash to its customers. Meanwhile, prominent on-chain crypto analyst Chain Mind has shared insights on the potential impact, suggesting this could be a pivotal moment…

The post Mt. Gox Terror Strikes Markets, Bitcoin Faces Second-Largest Long Liquidation in History After FTX Collapse, What’s Next? appeared first on Coinpedia Fintech News Ever since Mt. Gox released its rehabilitation plan to repay the creditors who lost their BTC in a hack that occurred in 2013, the markets have become extremely furious. As Bitcoin price continued to rise, the fear of selling pressure began to hit the highs. As a result, the market participants seem to have closed…

Blockchain payments firm Orbital has revealed that USDT on the TRON network makes up 98% of all payments processed by its clients as the stablecoin’s dominance continues to grow. USDT’s appeal is strongest in emerging markets for its low fees, instant settlement and easy access to the USD, which for most users, is the greatest hedge against runaway inflation. USDT is the world’s largest stablecoin, and while it’s just a tool for trade on exchanges for many in the developing…

In the cryptocurrency market, meme coins are showing to be the way to make money. BRETT is positioned to see enormous gains when the meme coins make a strong resurgence. And Polkadot(DOT), a currency with a scalable and quick design. Meme coins are performing exceptionally in terms of return on investment (ROI), DeFi investors are switching to alternative coins like Raboo in search of profit. Users will receive additional value from Raboo, one of the best ICO. The long-term potential…

The post Federal Reserve Chair’s Crucial Message for Crypto Markets appeared first on Coinpedia Fintech News Federal Reserve Chair Jerome Powell said that the Federal Reserve has achieved ‘quite a bit of progress’ in its ongoing struggle with inflation while stressing the need for further evidence of sustained progress before considering any reduction in interest rates. The comments come at a time when markets keep a close eye on the Fed as inflation appears to be slowing and other central…

The post BlackRock Plans To Index Private Markets, Solana ETF Next Up? appeared first on Coinpedia Fintech News BlackRock is in the final stages of acquiring index firm Preqin and the CEO has announced the firm’s plan to index the private market after the acquisition. The plan is to bring the principles of indexing iShares to the private markets as it remains a significant part of public markets. BlackRock decided to pursue this indexing of the private market after discovering…

The post Bitcoin’s Next Move To Dictate Market’s Direction; Rejection Might Lead To Altcoin Bloodbath appeared first on Coinpedia Fintech News Bitcoin has swiftly drifted into the green zone over the weekend, registering some amusing gains. The largest cryptocurrency is currently trading above the $63k levels,  raising the question of whether this upward move can be trusted. On Crypto Banter’s Dylan’s Trading Show, the analyst hinted that Bitcoin could potentially reach $70,000 in the coming weeks, making it an interesting…

Bitcoin has witnessed an uptick following the Trump v. Biden debate, which saw odds favor Trump for the presidential seat. Trump has received support from the crypto community after revealing that he will ensure that the U.S. leads in crypto innovation. Following the widely watched presidential debate that pitted former president Donald Trump and current president Joe Biden against each other, the crypto market has witnessed an uptick. Though the 90-minute debate did not touch on cryptocurrencies, it has seen…

Victoria, Seychelles, June 28th, 2024, Chainwire Leading Web3 wallet and DeFi platform Bitget Wallet has announced a joint investment with crypto investment firm Foresight X in Tomarket, a decentralized trading platform for emerging asset classes. Developed by industry experts from prestigious firms with the likes of Binance and Microsoft, Tomarket is designed to address markets and user needs beyond those already provided for by conventional decentralized exchanges (DEXs). The platform facilitates the trading of Real World Assets (RWA), crypto asset yields swap, crypto points,…