The post Martin Shkreli Claims Of Co-creating DJT token: ZachXBT appeared first on Coinpedia Fintech News
Martin Shkreli has claimed that he has co-created the DJT, a Solana token themed after Donald Trump, as revealed by ZachXBT on X. ZachXBT further supported the alleged link between DJT and Shkreli with data indicating a large DJT holder selling off $832,000 worth of tokens for USDC stablecoin. Notably, the same wallet also held …
The post Major Win For ETH; SEC To Close Investigation On ETH 2.0 appeared first on Coinpedia Fintech News
Consensys, in its recent statement on June 18th, announced a major win for Ethereum developers, technology providers, and industry participants who suffered due to SEC’s regulatory overreach and inconsistent positions on Ethereum. The enforcement division of the SEC has reportedly notified that it is closing its investigation on Ethereum 2.0. This decision follows a letter …
The post SEC Confirms Ether as Commodity, Ends Investigation appeared first on Coinpedia Fintech News
Consensys announced a major win for Ethereum developers, technology providers, and industry participants who suffered due to SEC’s regulatory overreach and inconsistent positions on Ethereum. The enforcement division of the SEC has reportedly notified that it is closing its investigation on Ethereum 2.0. This decision follows a letter sent by Consensys on June 7, asking …
The post Top Crypto Tokens Stumble As Cryptocurrency Market Hints A Bearish Price Action This Week! appeared first on Coinpedia Fintech News
The crypto market has lost 2.47% in valuation from $2.39 Trillion to $2.33 Trillion within 24 hours and has erased $100 Billion from its portfolio this week. Furthermore, Bitcoin has displayed a similar trend by losing 0.98% with a 24-hour low of $64,597.25. On the other hand, Ethereum has plunged below the $3.4K mark, with …
The post Insider Buys $1.56M in $DJT Tokens Ahead of Trump Launch News appeared first on Coinpedia Fintech News
A fresh wallet, potentially an insider, spent 1,363 $SOL ($188K) to buy 52.09M $DJT tokens just before the news of Trump’s official $DJT token launch on Solana. Following the news, the wallet withdrew another 1,000 $SOL ($138K) from Binance to purchase an additional 6.62M $DJT. This wallet now holds 58.71M $DJT, valued at $1.56M, making …
The post Binance Announces Major Altcoin Listing appeared first on Coinpedia Fintech News
The world’s largest crypto exchange, Binance, had added new trading pairs, such as FDUSD, USDC, and USDTon cross margin and isolated margin. The Exchange added new trading pairas for a few altcoins, including SATS (1000SATS), dogfight (WIF), Notcoin (NOT), Bonk (BONK), zkSync (ZK), and Floki (FLOKI). The cross-trading pairs are 1000SATS/FDUSD, BB/FDUSD, BONK/FDUSD, ETHFI/USDC, FIRO/USDT, FLOKI/FDUSD, NOT/FDUSD, PEOPLE/FDUSD, …
The post BAYC and Pudgy Penguins See Major Price Drops While Milady Shines appeared first on Coinpedia Fintech News
In the past 24 hours, NFT prices have sharply declined, with major collections like Bored Ape Yacht Club (BAYC) and Pudgy Penguins dropping below 10 ETH. Pudgy Penguins fell by 13.89% to 8.80 ETH, and BAYC dropped by 11.57% to 9.23 ETH. Adding to the turmoil, Pudgy Penguins face over 130 liquidation auctions on Blend. …
The post Ripple Partners with 10 Governments on CBDC Plans appeared first on Coinpedia Fintech News
Ripple CEO Brad Garlinghouse stated that the firm is all set to improve the XRP Ledger’s utility by partnering with nearly 10 governments on CBDCs and creating stablecoins for universal financial inclusion. The reasons behind this collaboration might be connected with the quick release of stablecoin RLUSD. Collaborations include Bhutan, Palau, Montenegro, Georgia, and Colombia, focusing on financial inclusion and …
The post Cardano Founder Curious If Musk Holds 20% of Dogecoin Supply appeared first on Coinpedia Fintech News
In a recent interview, Charles Hoskinson questioned if Elon Musk holds a notable part of Dogecoin’s supply. Hoskinson commented on why Musk has failed to acknowledge Cardano despite its prominence. Musk has been a vocal proponent of DOGE, occasionally commenting on community developments. The previous Dogecoin surge, which led to its ATH of $0.73 in …
The post Commonwealth Bank Adds Monochrome BTC ETF to Investment Offerings appeared first on Coinpedia Fintech News
The Commonwealth Bank of Australia recently expanded its ETF offerings with the addition of Monochrome BTC ETF (IBTC) to the list. The bank has provided the opportunity to invest in BTC ETF to its user base of 17 million customers. Notably, the ETF allows investors to gain direct exposure to Bitcoin’s price movements while sticking …
The post Ripple and Archax Join Forces to Tokenize Real-world Assets on XRPL appeared first on Coinpedia Fintech News
Ripple announced a strategic partnership with Archax to enhance its blockchain functionality. The tokenization of real-world assets and the influx of significant capital to XRPL over the next year will be the key focus of the partnership. The move is expected to accelerate the adoption of digital assets in traditional financial markets. Archax will leverage …
The post DADDY Token Surges 450% After Andrew Tate’s Endorsement appeared first on Coinpedia Fintech News
Andrew Tate recently endorsed a new meme coin, leading to a surge in its value. The latest token he promoted, DADDY, skyrocketed past a $275 million market cap. However, on-chain analysts are alleging major insider activity behind its surge. Tate’s tweet about the DADDY token has resulted in the Solana token rising over 450%, reaching …
The post MoonPay and PayPal Integration Now Includes UK and EU customers appeared first on Coinpedia Fintech News
MoonPay’s integration with Paypal has now expanded to include customers in the UK and 24 EU member states. The Clients of MoonPay can now use PayPal to buy cryptocurrencies. MoonPay stated that its PayPal integration in the U.S. is available to 100% of users. U.S. users could buy and sell more than 110 cryptocurrencies with …
The post Apple Exits X Amidst Musk’s Criticism; Shiba Inu Exec Calls It A Bearish Move appeared first on Coinpedia Fintech News
Apple has deleted all its posts on X and now follows no accounts on the platforms amidst heightened tensions between Apple and Elon Musk as Musk had recently criticized Apple for integrating OpenAI technology into its devices. Lucie expressed her concerns over Apple’s move calling the move as extremely bearish. Musk had stated that If …
The post Trump Wants All Remaining Bitcoin to Be Made in USA appeared first on Coinpedia Fintech News
Donald Trump said on Tuesday that he wants all the remaining Bitcoin to be made in the US helping the country become energy-dominant. Trump wrote that Bitcoin mining may be the last line of defense against a CBDC and Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. His post indicates …
The post Largest Bank in Brazil Launches Bitcoin Trading For All Customers appeared first on Coinpedia Fintech News
The largest Bank of Brazil, Itau Unibanco has launched cryptocurrency trading to all its users of its Íon investment platform. While the feature was launched in December, the functionality was only available to selected consumers and was slowly expanded to more users. Users can now buy and sell Bitcoin and Ethereum directly through the Íon …
The post Polynet Traders Favor Trump with a 56% Chance of Victory in 2024 appeared first on Coinpedia Fintech News
The traders on Polynet give Trump a 56% chance of victory, with a 21-point lead over Biden in the upcoming 2024 elections. Polymarket users, being crypto enthusiasts, might be biased towards Trump, with analysts suggesting that Polymarket’s sentiments are driven by Trump’s pro-crypto stance. Meanwhile, on the more traditional prediction market PredictIt, Trump leads Biden …
The post Elon Musk Drops His Lawsuit Against OpenAI appeared first on Coinpedia Fintech News
Elon Musk has reportedly dropped his lawsuit against OpenAI and its CEO Sam Altman, which comes the day before a federal judge decided whether the case should be dismissed or allowed to move forward. Musk had sued OpenAI in March for breach of contract, claiming that the ChatGPT developer had abandoned its original mission of …
The post Bitcoin Falls Under $67,000 Amid FOMC Rate Cut Speculation appeared first on Coinpedia Fintech News
Bitcoin is trading at $66,886 after an intraday fall of 3.68%, down from its all-time high of $73,750. The market cap stands at $1.32 trillion with a 24-hour volume of $30.64 billion. This decline is linked to the upcoming FOMC meeting on June 12th, where potential rate cuts will be discussed. However, the likelihood of …
The post Shiba Inu’s Massive Burns With Burn Rate Shooting 2,814% appeared first on Coinpedia Fintech News
Shiba Inu witnessed a massive burn of 7,912,388 SHIB tokens as the burn rate shot up to 2814%. At least 3 wallets were prominently featured in the burn rate jump, contributing more than 1 million SHIB each to the dead wallet. The biggest wallet helped incinerate a total of 4,320,587 SHIB. While Shiba Inu is …
The post Whale Nets $22.8M Profit with 834% Gain on $PENDLE Amid 2024 Surge appeared first on Coinpedia Fintech News
A whale recently deposited 755K $PENDLE ($3.83M) to Binance, capitalizing on significant profits. This strategic trader withdrew 5.02M $PENDLE ($2.73M at the time) from Binance on August 18, 2023, when the price was $0.54. Currently, $PENDLE trades at $5.105, with a 59% jump in the past ninety days. The whale still holds 4.27M $PENDLE, valued …
The post Apple Partners with OpenAI for ChatGPT on iPhones appeared first on Coinpedia Fintech News
Apple has officially partnered with OpenAI to integrate its popular ChatGPT system into iPhones. The partnership will give Siri, Apple’s digital assistant, the generative AI capabilities of the OpenAI system. The feature will be available at no cost to iPhone users as part of an iOS update that will be available later this year. It …
The post Solana Foundation Removes Validators Over Sandwich Attacks appeared first on Coinpedia Fintech News
The Solana Foundation has announced the removal of a group of validator operators from its delegation program over their involvement in sandwich attacks on Solana users. Sandwich attack is a type of front-running exploit where an attacker places two transactions around a victim’s transaction to profit from the price changes. Notably, Sandwich attacks are against …
The post Base Meme Coin BRETT Reaches $1.9 Billion Market Cap with Meteoric Surge appeared first on Coinpedia Fintech News
A meme coin on the Base platform, BRETT, saw an increase of 445% in just 30 days, reaching a new all-time high of $0.1939 and a market cap of $1.9 billion. Strong community support and investor interest are believed to have influenced this surge. Currently, BRETT stands seventh among the largest meme coins, surpassing competitors …
The post Arthur Hayes Suggests Going Long On Bitcoin And Other Cryptocurrencies appeared first on Coinpedia Fintech News
Arthur Hayes has recently explained how early rate cuts by Central Banks could strengthen the crypto market. According to Hayes, the early rate cuts display the Central banks’ efforts to stimulate economies, leading investors to turn to cryptocurrencies as alternative investments. Hayes also proposed a strategy involving the US Federal Reserve and the Bank of …
The post Bitmex Announces New Futures Listings for XRP, Ethereum, and Bitcoin appeared first on Coinpedia Fintech News
The popular crypto exchange Bitmex has revealed new futures listings for XRP, Ethereum, Bitcoin, and other cryptocurrencies on its platform. These listings are set to go live on June 11, 2024, and will remain unlisted until that date. This move is part of Bitmex’s strategy to expand its offerings. The trading pairs included in the …
The post NY AG Sues Crypto Companies for Alleged $1 Billion Investor Scam appeared first on Coinpedia Fintech News
The New York attorney general has sued two companies and their promoters for allegedly defrauding investors of more than $1 billion. AWS Mining, which promised a 200% guaranteed return, collapsed in April 2019. This was followed by a second, larger fraud involving NovaTech. Investors deposited over $1 billion worth of cryptocurrency with NovaTech from August …
The post Hong Kong to Add Staking to Spot ETH ETFs appeared first on Coinpedia Fintech News
The Animoca Brands Chairman has said that Hong Kong asset managers are working to include staking in the spot ETH ETFs to get the staking feature award approved this year. Hashkey is also formulating a proposal to introduce ether staking. Blocdaemon is in talks with Hong Kong ETF issuers and custodians to explore the possibility …
The post Insider Nets $978K Trading $HULK Causes 85% Price Drop appeared first on Coinpedia Fintech News
An insider made a staggering 812x gain by trading $HULK, netting 5,753.6 $SOL ($978K) in just three hours. The trader spent only 7.1 $SOL ($1.2K) to buy 190.2 million $HULK (19% of the total supply) using four new wallets, then sold all for 5,760.7 $SOL ($979K). This massive sell-off caused the $HULK price to plummet …
The post Bitcoin’s Upycle Going Strong as NUPL Stay Bullish appeared first on Coinpedia Fintech News
Bitcoin has surged past the $71,000 mark, supported by robust market indicators. The Net Unrealized Profit/Loss (NUPL) for short-term holders currently stands at 0.13, well below the critical 0.4 threshold, which has historically marked bearish turnarounds. The peak of this cycle is 0.29, far from the all-time high of 0.57. The 0.4 level has triggered …