Things in the cryptocurrency world got off to a shaky start in mid-May, when Terra USD, an algorithmic stable currency, lost its peg to the US dollar and began trading for less than $1. Tether, the wo...
Tag: Fintech
This is How USDC Outperformed Tether’s USDT in The Month Of May – Coinpedia – Fintech & Cryptocurreny News Media
The recent fall of Terra ClassicUSD (USTC) and other stablecoins have brought them under the radar and are being scrutinized with global regulators taking measures to protect and regulate them. The st...
Bloomberg Analyst Predicts Huge Reversal in Gold, Bonds and Bitcoin as One Crypto ‘Revolutionizes’ Fintech
Bloomberg’s veteran commodity analyst Mike McGlone is predicting an economic cataclysm that sees gold, US bonds and Bitcoin (BTC) rise from the ashes much stronger than before. In a new interview with...
Crypto Bear Market To Continue! Bitcoin (BTC) Price May Drop To $24K – $22K By June End – Coinpedia – Fintech & Cryptocurreny News Media
Currently Bitcoin is trading at an average price of $29,700, and Around $1.3 billion Bitcoin outflow has been reported by Glassnode, net outflow standing at $698 million. The global crypto market is d...
Ethereum To Drop 20% – ETH Price Might Hit $1500 In Coming Week – Coinpedia – Fintech & Cryptocurreny News Media
Ethereum, the second largest Altcoin is stuck in Rut for a long time. ETH price has crashed more than 60% from its ATH at $4864 dropping to $1703. All though the altcoin surged near $2K multiple time...
Cross-Chain Transfer Bridge Launched On Terra 2.0! LUNA Price Plunges, What Next ? – Coinpedia – Fintech & Cryptocurreny News Media
Terra Bridge V2 releases on the Mainnet that use Cosmos IBC and the Axelar Network. Users will be able to transfer tokens between Terra 2.0, Ethereum, Osmosis, Secret, Cosmos, and Juno through the bri...
This is When Bitcoin Holders Can Expect BTC Price To Surge 60% In Coming Months – Coinpedia – Fintech & Cryptocurreny News Media
Jason Pizzino, a popular trader and analyst is hopeful about Bitcoin (BTC) rally, which could be higher if the flagship crypto asset sustains the prevailing momentum. Pizzano tell 267,000 Youtube subs...
TerraUSD Crash will Probably be the End of Most algorithmic Stablecoins – Coinpedia – Fintech & Cryptocurreny News Media
Stablecoins are cryptocurrency usually pegged to real-world assets, and were supposed to be pegged to the U.S. dollar. Whereas stablecoins like tether (USDT) coins are backed by real world assets like...
Former Bank Of England Fintech Head Joins Fireblocks To Lead CBDC Steps
Fireblocks has welcomed Varun Paul as their newest team member, as its first director of CBDC and market infrastructure. Paul has earlier served at the UK’s central bank for approximately 14 years an...
XRP Price Trading Under Uncertain Pressure for a Long Time! Whales Add $73m Worth of XRP – Coinpedia – Fintech & Cryptocurreny News Media
The growth of XRP tokens has become a matter of doubt as its Lawsuit with SEC has seen multiple delays and the price of the token has dropped by over 32% in the last 30 days. In addition to this Carda...
Invest In The Next Big Token On Cardano $AGONY, Staring Today In Private Seed Market – Coinpedia – Fintech & Cryptocurreny News Media
After a successful launch and having received amazing feedback from the gaming community across the globe, ADA Demon, an immersive Play-to-Earn game, is hosting the Private Sale of its native token, $...
Whales Accumulate Huge Apecoin ($APE) Tokens With APE Fest On 20th June – Coinpedia – Fintech & Cryptocurreny News Media
Token proof is an app which enables NFT owners to authenticate the ownership of NFTs and other assets, and holds them safely in a cold storage. ApeCoin is now organizing the event called Ape Fest on J...
Top Whales Are Accumulating Tron (TRX) Despite Crypto Market Crash! Here’s Why – Coinpedia – Fintech & Cryptocurreny News Media
The collapse of the Terra stablecoin posed a number of challenges for stablecoin networks. While some stablecoins have been put to the test after the UST crisis, others have remained consistent. Despi...
Fireblocks Taps Former BoE Fintech Head as its CBDC Director
Digital assets infrastructure provider Fireblocks has announced the onboarding of Varun Paul, the former head of fintech at the Bank of England (BoE) as its new Central Banking Digital Currency (CBDC)...
UK plans new safeguards for stablecoins after Terra collapse
The world’s biggest stablecoin, tether, saw more than $10 billion in redemptions in May, fueling fears of a 2008-style “bank run.” Justin Tallis | AFP via Getty Images Britain wants ...
Tether Relied on an Obscure Bank in the Bahamas to Store its Reserves – Coinpedia – Fintech & Cryptocurreny News Media
The Financial Times recently published a report on Tether’s dependency on an obscure bank in the Bahamas in order to store some of its reserves. Capital Union, a Nassau-headquartered banking instituti...
Argentina Crypto Adoption Increase To Fight Against Surging Inflation – Coinpedia – Fintech & Cryptocurreny News Media
Argentina is now one of the crypto-friendly countries in terms of crypto adoption. Argentina has been engaged in a war against inflation since 2016, caused by a lack of trust in the Central bank or go...
Octopus Ventures Leads $9.5m in Seed Round for Web3 Fintech Firm Merge
Merge, a next-generation fintech startup that provides crypto and web3 companies with a range of banking and payments solutions has raised $9.5 million from venture capital firms led by Octopus Ventur...
Gain 40,000 USD a day with the Huobi Grid Trading Bot: A user proves its possible – Coinpedia – Fintech & Cryptocurreny News Media
A depressed sentiment has enveloped the crypto market and the Terra collapse only served to underscore how volatile the crypto trading environment is. Terms such as “long winter”, “bear market” and “s...
Korean Prosecutors launch Investigation in TerraUSD Crash – Employees Of Terra Lab To Be Summoned – Coinpedia – Fintech & Cryptocurreny News Media
The dramatical collapse of algorithmic stablecoin UST earlier this month, destroyed more than $40 billion of value for investors. UST’s price fell below 10 cents which was always supposed to be at $1,...
This Announcement By Binance Boosted Terra Classic (LUNC ) Price To Surge 60% – Coinpedia – Fintech & Cryptocurreny News Media
The new Terra Luna prices are dealing with 60% of price drop after the initial launch. At the same time, LUNA Classic (LUNC) prices showed some green indexes after the horrible collapse of stablecoin....
Fintech infrastructure for web3 startup Merge raises $9.5 million
UK-based startup Merge announced on Monday it has raised $9.5 million in seed funding in a round led by Octopus Ventures. Founded by former PayPal executive Kebbie Sebastian late last year, Merge aim...
Bitcoin or Ethereum – Which One Is Better Investment in 2022? – Coinpedia – Fintech & Cryptocurreny News Media
Amid the broader market’s recovery, the price of Bitcoin soared to hit a weekly high above $30,700. According to a recent video broadcast by Altcoin Daily, Bitcoin is currently breaking history by fal...
New Luna cryptocurrency is already crashing
Cryptocurrency markets have seen a steep sell-off after the collapse of controversial blockchain project Terra. Dan Kitwood | Getty Images A new version of the collapsed luna cryptocurrency is already...
Here’s What Next For Bitcoin, Ethereum and Solana In Coming Week – Coinpedia – Fintech & Cryptocurreny News Media
Pseudonymous trader Capo to his 323,500 twitter followers says that demand for bitcoin at $28,000 is nearly exhausted as BTC bears to continue to stack massive sell orders above $29,000. A closely tr...
Long-Term Holders Double Down on Ethereum, ETH Price In Historic Buy Zone ! – Coinpedia – Fintech & Cryptocurreny News Media
The IntoTheBlock’s head of research, Lucas Outumuro says that more than 50% of all the Ethereum in circulation now belongs to address the ETH holdings for more than a year. A leading crypto analytics ...
Here’s Why Cardano (ADA) Price Can Hit $10 In Coming Market Cycles ! – Coinpedia – Fintech & Cryptocurreny News Media
Similar to how other cryptocurrencies have suffered price drop due to crypto market bloodbath, Cardno has also experienced the same dive. It has suffered an 85% drop from its all-time high. Hence, it ...
SOL, BNB, XRP and Cardano Price To Crash Hard ! Ethereum Co-Founder Gavin Wood Warned Investors – Coinpedia – Fintech & Cryptocurreny News Media
Gavin Wood believes that after losing $1 trillion in the recent bloodbath, the crypto market could witness further decline. In response to this price drop, Cryptocurrencies like Solana, BNB, XRP and C...
LUNA 2.0 Price Crashed Heavily After The Launch! Here’s What Crypto Space Has To Say ! – Coinpedia – Fintech & Cryptocurreny News Media
Terraform Labs on Last Saturday has Launched a new version of the Terra blockchain, “Terra 2.0” with freshly minted LUNA tokens. Out of 1 billion LUNA tokens, only 21 million were airdropped and added...
PayPal Stock Has Been Cut in Half. Why Analysts See Upside.
Text size PayPal stock could pass $150 a share by 2026, Mizuho says. Nuttapong Punna/Dreamstime.com There’s plenty of upside for PayPal ’s stock, analysts say. The payments app just needs to get its s...