The post Can ETH Price Hold After Wintermute’s $160M Move? appeared first on Coinpedia Fintech News ETH price is flashing a bullish signal, but a $160 million transfer from Wintermute makes the move harder to trust. Ethereum formed a golden cross between its 50-day and 200-day EMA bands, while ETH spiked intraday to $2,665 before
The post Solana DEX Volume Crosses $3T as SOL Eyes $150 appeared first on Coinpedia Fintech News Solana has crossed $3 trillion in cumulative DEX volume, while another major network change is just hours away. The second wave of Solana’s rent reduction program is set to go live on mainnet in some hours. Making another
The post Why Is Ethereum Price Going Up Today? appeared first on Coinpedia Fintech News Ethereum is trading at $2,575.39, up 5.7% over 24 hours, as stocks, Bitcoin and gold all rally on the same inflation data that simultaneously pushed Fed rate hike odds to 85%. Core CPI, which strips out food and energy, came
The post Canada Gives Tokenized Deposits Legal Status Same As Bank Deposits appeared first on Coinpedia Fintech News Canada has just cleared a major hurdle for blockchain-based banking. The country now says tokenized deposits have the same legal status as traditional bank deposits, opening the door for banks to offer more digital deposit products. The
The post CLARITY Act News: What Happens If The Bill Doesn’t Pass? appeared first on Coinpedia Fintech News With the Senate vote just days away, Digital Chamber CEO Cody Carbone laid out what happens next if the CLARITY Act fails to pass, and he isn’t sugarcoating the odds of a quick fix. Don’t Expect a
The post Coinbase CEO: CLARITY Bill Is “Ready” For A Yes Vote appeared first on Coinpedia Fintech News Coinbase CEO Brian Armstrong says the crypto industry comes out ahead regardless of how the September 15 Senate vote on the CLARITY Act goes. Speaking on CNBC Thursday morning, Armstrong said passage would deliver formal legislation, while
The post Crypto Market News: Bitcoin Price Holds While Ethereum, XRP Crash 5% appeared first on Coinpedia Fintech News The total crypto market cap fell to $2.71 trillion, down 3.0% over the past 24 hours. Bitcoin is holding relatively steady at $77,285.98, also down 3.0%, but altcoins are bearing the brunt of today’s selloff. Ethereum
The post Bitcoin Price Crashes $1,200 As Treasury’s Bond Rescue Backfires appeared first on Coinpedia Fintech News Bitcoin fell $1,200, dropping below $77,000 and now trading at $77,260.27, down 3.0% over 24 hours, after August Producer Price Index data came in hotter than expected. More than $190 million in long positions were liquidated within an
The post Dow Jones Today Drops As Fed Rate Hike Bets Surge To 70% appeared first on Coinpedia Fintech News US stocks are sliding as oil climbs above $100 a barrel and August producer prices came in hotter than expected. PPI rose 5.4% year-on-year, above the 5.3% forecast, while core PPI jumped to 4.6% from
The post KAS Price Eyes $0.076 as Kaspa Activity Picks Up appeared first on Coinpedia Fintech News The KAS price is finally getting some help from the network itself. Kaspa’s 30-day transaction chart has shown a rising trend since late August, while a new smart-contract development could give that activity another reason to grow. According