Markets are reeling, and investment experts recommend that investors purchase stocks within recession-proof industries like health care, utilities, and consumer staples. One thing all of these industr...
Tag: Fintech
Bullish or Bearish? What’s in Store For Bitcoin (BTC) Price In July – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin began the month of June slightly beyond the $31,600 mark. However, shortly after, BTC plummeted below the $30,000 mark, where it remained there for almost a week. As a result, traders are pred...
SEC Chairman Categorize Bitcoin As a Commodity ! Here’s Why – Coinpedia – Fintech & Cryptocurreny News Media
Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), claims that Bitcoin is a commodity. He emphasized that financial regulators, the CFTC, and the SEC would collaborate t...
This is How and When Bitcoin Price Will Start a Bullish Cycle – Coinpedia – Fintech & Cryptocurreny News Media
Despite hovering around the $30,000 mark for a long time, Bitcoin fell deep toward $18,000 in June. Bitcoin has traded beyond the $20,000 barrier in the recent week, but it is yet to reach the $22,000...
Top Reason Why Terra Classic (LUNC) Price Surged 50% in a Week – Coinpedia – Fintech & Cryptocurreny News Media
Terra Classic [LUNC] HODLers in the early hours of June 27, we’re greeted with a real treat when the notorious hacker organization called ‘Anonymous’ declared that they will be investigating Do Kwon...
Forget Klarna? Investors bet new startups will in ‘buy now, pay later’
Klarna is in talks to raise funds at a sharp discount to its last valuation, according to a report from the Wall Street Journal. A spokesperson for the firm said it doesn’t comment on “spe...
Fintech services platform Colendi acquires enterprise blockchain company SETL » CryptoNinjas
Colendi, the fastest-growing embedded fintech services platform in Turkey and surrounding regions, today announced it has acquired London-based blockchain settlements and payments provider SETL. Launc...
The Year 2022 Accounts For The Worst Bear Market, Claims Glassnode Report – Coinpedia – Fintech & Cryptocurreny News Media
Till today, 2022 has been an exceptionally difficult year for the financial market, with stocks, bonds, and virtual currencies all failing in the face of restrictive financial conditions. Inflation an...
FCA investigates Wise CEO Kristo Kaarmann over tax default
Kristo Kaarmann, CEO and co-founder of Wise. Eoin Noonan | Sportsfile | Getty Images The CEO of £3.9 billion ($4.8 billion) fintech firm Wise is being investigated by U.K. regulators after tax authori...
More Trouble For Bitcoin In Coming Days ! Analyst Issues Warning – Coinpedia – Fintech & Cryptocurreny News Media
Although a well-known analyst predicts trouble, crypto assets appeared to have steadied on Saturday morning as Bitcoin held over the $20,000 mark. Investors are being advised that Bitcoin is going to ...
Will BTC Flip the Bearish Blues? Here’s When and How – Coinpedia – Fintech & Cryptocurreny News Media
For the third straight day, all major cryptocurrencies, including Bitcoin, Ethereum, and Solana, extended their gains as the situation finally picked up pace. Although it has maintained slightly above...
Bitcoin and Ethereum Miners Struggle to Remain in Profit ! – Coinpedia – Fintech & Cryptocurreny News Media
With rising energy costs and cryptocurrency prices declining, bitcoin miners are finding it difficult to remain profitable, putting several significant businesses in danger of going out of business. A...
How Goldman Sachs Could Benefit From Celsius’s Financial Struggle – Coinpedia – Fintech & Cryptocurreny News Media
As per Fortune data, Goldman Sachs is financing $2 billion to purchase the property of struggling crypto creditor Celsius as it approaches bankruptcy. Although Celsius may not file bankruptcy, Goldman...
Celsius Network To Declare Bankruptcy? Know The Complete Story – Coinpedia – Fintech & Cryptocurreny News Media
According to the latest Wall Street Journal article, the struggling crypto funding service, Celsius Network, could be planning to declare bankruptcy after hiring structural advisors from consultancy c...
First fintech and blockchain event of the CEE Region: concern of CBDC
Following the COVID epidemic, the financial sector immediately adopted the worldwide digitalization procedure that was necessary to address the sanitary situation. The fintech sector is still growing...
Shiba Inu (SHIB) is Now The Most Acquired Token Among The Largest Whales – Coinpedia – Fintech & Cryptocurreny News Media
As per the latest study, the number of Shiba Inu owners is increasing every hour, and now it has hit a new all-time record, approaching the 2 million mark. As per the report, the overall numbers have ...
Elon Musk to Receive More Data From Twitter To Analyse Bot Accounts – Coinpedia – Fintech & Cryptocurreny News Media
After Elon Musk expressed his displeasure with Twitter’s data on bots and spam accounts, the company agreed to share more information with him. Twitter provided additional information on bots, includi...
This is When Bitcoin (BTC) Price Will Hit $95K ! Is it Right Time To Buy The Dip ? – Coinpedia – Fintech & Cryptocurreny News Media
The price of bitcoin initially climbed as high as $21,000 before hitting resistance and retracing back to $20,000. As of now it is necessary for Bitcoin to surpass its 200-week MA and at the very leas...
Solana To Outperform Other Altcoins Soon, How High Will SOL Price Surge? – Coinpedia – Fintech & Cryptocurreny News Media
Following Wednesday’s rollercoaster trading, which has seen bitcoin fall below $20,000 and altcoins collapse, crypto-assets calmed and recovered position today. However, in the previous 24 hours, the ...
Top Reason Why Polygon (MATIC) Price is Surging High Amid Crypto Bear Market – Coinpedia – Fintech & Cryptocurreny News Media
Although most crypto traders are focused on Bitcoin, Polygon’s native currency MATIC is generating quiet gains. The MATIC price has increased by more than 20% in the previous 24 hours. At the time of ...
Did Bitcoin (BTC) Price Hit The Bottom or Very Close To The Bottom? What Next ? – Coinpedia – Fintech & Cryptocurreny News Media
Following a bearish breakout and a sharp decline from $32K, Bitcoin’s downtrend has come to a halt. The price is rebounding towards $21K and above, thanks to the $17K–$20K area of the 2017 all-time h...
Do Kwon Confident on Rebuilding Terra From the Ashes! Here’s What’s His Next Plan Of Action – Coinpedia – Fintech & Cryptocurreny News Media
Do Kwon, CEO of Terraform, expressed his “confidence” in the possibility of successfully reconstructing the Terra blockchain (LUNA) following the crash in May 2022 in an interview with the Wall Street...
Sam Bankman-Fried rescues crypto lenders BlockFi, Voyager
With no central bank willing to come to the rescue, beleaguered crypto companies are turning to their peers for help. Billionaire crypto exchange boss Sam Bankman-Fried has signed deals to bail out tw...
Why another stablecoin losing its peg isn’t ‘Terra 2.0’
Cryptocurrencies have been under immense pressure after the collapse of a so-called stablecoin called terraUSD. Umit Turhan Coskun | Nurphoto via Getty Images A controversial stablecoin launched just ...
Is USDC Challenging USDT For The “Top Stablecoin” Title? – Coinpedia – Fintech & Cryptocurreny News Media
After Tuesday, when USD Coin’s daily’real volume’ on the Ethereum network doubled that of Tether’s USDT, it began to challenge Tether for the title of top stablecoin in the cryptocurrency world. The f...
Bitcoin (BTC) price may tank as low as $13,000, strategist warns
If crypto’s past bubbles are anything to go by, bitcoin could be about to fall much further. That’s according to one strategist, who warns the world’s top cryptocurrency is likely to...
Ethereum(ETH) Price Will Drop To $700 Level Following a Major Bull Trap – Coinpedia – Fintech & Cryptocurreny News Media
The price of Ethereum has recovered from its recent lows, outperforming the price of Bitcoin. The latest Ethereum price surge, according to an independent market analyst, will be a clear fakeout. In a...
Coin Bureau Speculates Worst-Case Scenario For Binance Coin (BNB) Amidst SEC Inquiry – Coinpedia – Fintech & Cryptocurreny News Media
The moderator at Coin Bureau is seen talking about what may unfold regarding Binance Coin (BNB) after the Securities and Exchange Commission (SEC) started an inquiry into the crypto asset a few days b...
What is staked ether (stETH) and why is it causing havoc in crypto?
Ether is the second-largest cryptocurrency in the world by market value. Jaap Arriens | NurPhoto via Getty Images Another controversial cryptocurrency is causing havoc in the digital asset market — an...
Users of DeFi app Solend block attempt to take over ‘whale’ account
The logo of cryptocurrency platform Solana. Jakub Porzycki | NurPhoto via | Getty Images Decentralized finance platforms are going to extreme lengths to limit the fallout from a sell-off in cryptocurr...