The Year 2022 has not been a good year for the cryptocurrency space as the bears continue to dominate and paint the markets red. The market was hit by the Terra (LUNA) crash, followed by several cryp...
Tag: Fintech
Jim Rogers: Bitcoin is a Gambling Tool, not actual money – Coinpedia – Fintech & Cryptocurreny News Media
The pattern of the global cryptocurrency market has changed, and gains are now the main tendency. Bitcoin, Ethereum, and other cryptocurrencies have been pushed by the rising inflow of capital. Gains ...
PayPal Is Being Targeted by Activist Elliott. Here’s Why.
Text size PayPal shares have slid this year as people have returned to their prepandemic spending habits. Courtesy of PayPal Payments giant PayPal finally has attracted an activist. PayPal (ticker: PY...
Ripple Joins Forces With Singaporean Fintech Giant to Improve Cross-Border Payments
The blockchain company – Ripple – teamed up with the Singaporean fintech firm – FOMO Pay, aiming to boost its cross-border treasury flows. Ripple’s Latest Partnership As a digital payment system for m...
SEC Regulations Could Be A “Nightmare” For The Crypto Space: Mark Cuban – Coinpedia – Fintech & Cryptocurreny News Media
The SEC’s (Securities and Exchange Commission) decision to prosecute three individuals for cryptocurrency insider trading has received much negative attention. According to the report, a former Coinba...
Fintech Startups Move in Amidst Rising Interest in Fidelity Bitcoin 401(K)
Fidelity Investments said they have seen strong interest from employers in their Bitcoin 401(k) offerings, so fintech startups have started emerging to meet the demand. Fidelity said in a statement th...
Do Kwon & TerraForm Labs Charged With Yet Another Lawsuit – Coinpedia – Fintech & Cryptocurreny News Media
The Terra (LUNA) crash continues to cause trouble to its founders, related firms, and the whole cryptocurrency space. Along with the ongoing investigations against terraform labs terraform labs Blockc...
Amid Halted Transactions, Zipmex Says It Is Mulling Over Possible Offers For Due Diligence – Coinpedia – Fintech & Cryptocurreny News Media
Zipmex, a Singapore-based Crypto exchange with operations in Thailand as well, is a digital asset exchange that recently encountered financial difficulties. On Thursday, the exchange halted all its w...
The best bear market plan? ‘Relentless optimism for the future,’ says fintech CEO
While many crypto veterans give out a wide range of bear market advice and strategies, some opt for a more straightforward approach—optimism. Being resilient and positive during this time is very impo...
Texas to Enshrine Cryptocurrency in State’s Constitution – Coinpedia – Fintech & Cryptocurreny News Media
The Republican Party of Texas (RPT) might add a new clause to the Bill of Rights. This new clause would grant people the right to own, possess, and utilize any kind of medium of exchange they choose, ...
Bankman-Fried says his firms may deploy ‘hundreds of millions’ to backstop struggling crypto industry
In an interview with CNBC today, FTX CEO Sam Bankman-Fried said that he would be willing to spend “hundreds of millions beyond what we have thus far and in some cases more than that” to backstop firms...
Will ETH 2.0 Be The Much Needed Catalyst for Ethereum Price Rally? – Coinpedia – Fintech & Cryptocurreny News Media
This week has seen a price recovery for key cryptocurrencies including bitcoin, ethereum, and others. The second-most valuable cryptocurrency in the world, Ethereum (ETH), was able to hold above $1,50...
FED Decks Up For FOMC Meeting, Analysts Predict The Bitcoin Price To Hit $28k – Coinpedia – Fintech & Cryptocurreny News Media
As per reports, the Federal Reserve is expected to raise the interest rates in its upcoming meeting scheduled on July 26-27. If it raises the rates by 0.75%, it will be the third rate hike this year a...
Coinbase Vs.SEC: Commission Asked For Rule Clarification On Digital Assets – Coinpedia – Fintech & Cryptocurreny News Media
Coinbase has asked the Securities and Exchange Commission to clarify which digital assets are to be treated as securities in response to the litigations filed by SEC against it a few days back. Along ...
Samuel Bankman-Fried Seeks To Acquire Bithumb, S.Korea’s Second Largest Crypto Exchange – Coinpedia – Fintech & Cryptocurreny News Media
Samuel Bankman-Fried, the founder and CEO of FTX, is hunting for acquisition targets as the market crashes. SBF acquired various crypto firms last month, including voyager digital voyager digital Lend...
Twitter Suffers $270 Million Loss, Is It Because of Elon Musk? – Coinpedia – Fintech & Cryptocurreny News Media
Twitter revealed on Friday that it suffered a $270 million net loss in the second quarter (Q2), partly as a result of uncertainties around Elon Musk’s potential takeover of Twitter, which had a negati...
JP Morgan Reports: Rising Demand Among Retail Traders Despite Heavy Liquidations – Coinpedia – Fintech & Cryptocurreny News Media
Things seem to be taking a turn for the better for ordinary cryptocurrency investors as massive liquidations continue across exchanges. Analysts believe that the extreme selling pressure that dominate...
Brazilian fintech firm set to launch a marketplace for tokenized stocks
BEE4, a fintech company based in Brazil, is set to launch the first marketplace for tokenized stocks. The marketplace will be available within the next few weeks and will have the same structure as a ...
50 fintech specialists predict Solana to trade at $45 by the end of 2022
The cryptocurrency market is back in the green zone again and so is one of its major digital assets – Solana (SOL), which has led some of the industry’s top fintech specialists to state their opinions...
Coinbase blasts SEC over insider trading case
Coinbase signage in New York’s Times Square during the company’s initial public offering on the Nasdaq on April 14, 2021. Robert Nickelsberg | Getty Images Coinbase pushed back on claims f...
Inflation is Yet to Be at its Peak, says CEO of Goldman Sachs – Coinpedia – Fintech & Cryptocurreny News Media
David Solomon, CEO of Goldman Sachs, in an interview with CNN said that inflation in the United States has not reached its peak. He has urged people to prepare for worsening inflation and an approachi...
Tezos Price Analysis: Will XTZ Price Hit $2 This Weekend? – Coinpedia – Fintech & Cryptocurreny News Media
Tezos price analysis shows the prices are currently testing the $1.6 resistance. The XTZ/USD pair is currently trading at $1.55, a decline of 7.90 percent. The market trend is bearish, and prices are ...
New SkyBridge fund to invest in web3, fintech startups: Business Insider
Anthony Scaramucci’s investment firm SkyBridge Capital will roll out a fund for web3 and crypto startups starting September, Business Insider reported on Wednesday. The fund, which is a mix bet...
The Crypto Space May Soon Relinquish the Bears to Set Up a Bull Run Very Soon – Coinpedia – Fintech & Cryptocurreny News Media
The Crypto space witnessed a minor relief in the past couple of days as the Bitcoin prices had reached levels beyond $24,000 for the first time since the massive sell-off. The market turned greener at...
The UK to Introduce Bill For Stablecoins Payments – Coinpedia – Fintech & Cryptocurreny News Media
The United Kingdom regulator will propose using stablecoin– cryptocurrencies whose prices are pegged to another asset– for payment in the Parliament on Wednesday. UK Finance Minister, Nadhim Zahawi, w...
Solana Will Outperform Ethereum in the Coming Days – Says Raoul Pal – Coinpedia – Fintech & Cryptocurreny News Media
After several weeks of decline, the cryptocurrency market has been steadily increasing over the past several days, displaying signs of recovery. After testing a crucial technical resistance, Solana (S...
Brazilian Fintech BEE4 to Launch First Local Tokenized Stock Marketplace
Asset tokenization is a hot area in Brazil. In December, Brazil’s only stock exchange, B3, said it was exploring opportunities in the asset tokenization, digital asset custody and crypto-as-a-service ...
Ripple vs. SEC: Court Orders SEC To Rework On Its Responses – Coinpedia – Fintech & Cryptocurreny News Media
The SEC vs. Ripple case has been on for what seems like forever. Though the proceedings look inconsistent, the XRP community is well aware of all the developments that have been going on. The communit...
Insolvency, Bankruptcy And Brutal Crashes: Lessons To Be Learnt From The Crypto Market – Coinpedia – Fintech & Cryptocurreny News Media
The global cryptocurrency market has been hit with turbulent circumstances, and the market is still striving hard to make its comeback. This instability was followed by a liquidity crisis, unemploymen...
No exposure to collapsed crypto firms Celsius, 3AC, Voyager
Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped. Chesnot | Getty Images Coinbase said it had no counterparty exposure to several collapsed crypto firms...
Fear Surrounding Bitcoin Has Decreased; Brighter Days Ahead? – Coinpedia – Fintech & Cryptocurreny News Media
In the early hours today, the world’s first cryptocurrency, Bitcoin, was trading near $24,000 before a slight pullback. The overall crypto market has reclaimed the bullish momentum with a surge of 5.7...
Bitcoin (BTC) climbs above $23,000
The world’s largest cryptocurrency is down roughly 50% since the start of 2021. CFOTO | Future Publishing | Getty Images Bitcoin broke the $23,000 threshold for the first time in more than a mon...