The Terra Classic community burned almost 210 million LUNC tokens in January amid the push to increase the burn rate. Validators and projects running on the Terra Classic network commit to burn millions of LUNC tokens after crypto exchange Binance temporarily suspended its LUNC burn mechanism until March. The total Terra Classic (LUNC) tokens burned by the community The post Terra Classic Community...
Cardano (ADA) News: Input Output Global (IOG), the company behind the Cardano blockchain, is gearing up to provide an upgrade on...
Summary: Lawyers hired by Sam Bankman-Fried asked a U.S. judge not to issue a court order restricting SBF from social media and interacting with former colleagues. The appeal was filed to counter prosecutors' claims that Bankman- Fried tampered with evidence and witness testimony. SBF's lawyers said the prosecutor 'sandbagged' the former FTX CEO to cast him in the worst possible light. Attorneys representing Sam...
The post Why Crypto Market Dropped Suddenly? Here Are The Top Reasons appeared first on Coinpedia Fintech News The Bitcoin price saw a modest increase over the weekend, reaching near $24k, however, these gains were short-lived and were erased during the European trading session as the price fell to around $23k. The crypto market saw a liquidation of over $116 million in the...
The crypto market witnessed a splendid recovery, starting the year with positive sentiment among traders. A broader market rally continued over the month as Bitcoin price rallied over 40% in January to hit a high of $23,861 on January 29. While investors were happy with the bull run, experienced traders expected a pullback as the The post Global Events That Will Impact Crypto...
On Monday, Mastercard Inc. and Binance announced that they will be launching a prepaid card in Brazil, the country with...
It's been 6 months since a heated spat over ownership of...
The post Breaking! Philippines Securities Regulator Wants Public Opinions To Draft The Country’s Crypto Law appeared first on Coinpedia Fintech News The Philippines Securities and Exchange Commission (SEC) is taking a significant step towards regulating the crypto sector in the country as they have released a bunch of draft rules and regulations and are now seeking feedback from the public to finalize the...
Shiba Inu (SHIB) is witnessing a massive price surge amid the Shibarium Beta launch. The meme coin's lead developer...
French blockchain startup Sorare has signed a multimillion pound NFT deal with the English Premier League to create and distribute digital collectibles featuring players from all 20 football clubs.
Move-2-Earn Cryptos News: Move-to-earn cryptos are the newest trend in...
The NFT industry is constantly growing and it has paved the way for numerous exciting new projects to come to life. These handful of new...
Tron founder Justin Sun through a series of tweets believes China is preparing a comeback to the crypto space with its new tax implementation on cryptocurrency transactions. On January 30, Justin Sun said in a series of tweets that China's adoption of a tax on cryptocurrency transactions heralds a return to the cryptocurrency market. Despite […] The post...
The post China To Welcome Crypto Adoption - Predicts Tron Founder Justin Sun appeared first on Coinpedia Fintech News The People's Republic of China has been very hostile towards the crypto market in the past decade ranging from the miners’ ban to the crypto trading ban. However, Justin Sun - the Permanent Representative of Grenada to the WTO and the founder of Tron...
The post Ripple vs SEC: A Game-Changing Battle for the Future of Cryptocurrency in The US appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission has an ongoing lawsuit against Ripple Labs, the company behind the cryptocurrency XRP (SEC). The SEC claims that Ripple Labs raised billions of dollars through an unregistered securities offering and that XRP is a security....
The regulation is intended to keep consumers from experiencing the same fate as clients who invested in the crypto trading platform FTX. Texas Rep. Giovanni Capriglione introduced legislation to safeguard consumers who invest in digital assets such as cryptocurrencies. Capriglione's House Bill 1666 would compel crypto exchanges to demonstrate that they have sufficient funds to […] The post...
The post Janet Yellen, Elon Musk Sound Alarm On 2023 Recession: High-Interest Rates To Blame? appeared first on Coinpedia Fintech News The cryptocurrency had a difficult year in 2022, and it looks like 2023 won't be any better. There are numerous well-known analysts and leaders issuing recessionary warnings. Here are the people who have recently raised the alarm. Let's see what they have...
The post How Will Crypto Market React To The FED Rate Hike? appeared first on Coinpedia Fintech News The rise in interest rates, high inflation, and growing energy costs will likely reduce consumers’ purchasing power, as they will have less disposable income. This situation will substantially impact the cryptocurrency market, as consumers may become less inclined to invest in digital currencies. The decrease...
The crypto market recorded a sudden fall during the European market opening time. Top cryptocurrencies...
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