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The post Ripple News : Is a Big XRP Sell-Off Imminent? Chris Larsen’s $29M Transfer Raises Concerns appeared first on Coinpedia Fintech News In an eye-catching transaction that has left the XRP community buzzing, Chris Larsen, Ripple’s co-founder, recently transferred a whopping 50 million XRP tokens, valued at around $29.1 million, to an unknown wallet. Whale Alert, a wallet tracking service, detected the transaction, which sparked widespread curiosity and speculation. This transfer marks the first major activity from Larsen’s wallet since September 2020, making it a notable event in the crypto space. Dormant Wallet Reawakens Larsen’s wallet has largely been…

The post Crypto Market Analysis: Are Altcoins Set to Dominate as Bitcoin Struggles? appeared first on Coinpedia Fintech News In the last 30 days, the top two cryptocurrencies, Bitcoin and Ethereum, have suffered drops of 1.7% and 11.8%, respectively. Analysing the crypto total market cap excluding top ten dominance chart, it is evident that in the recent past, Altcoins have marked a sharp rise in dominance. A post published by Michael van de Poppe on X sheds more light on the present crypto market conditions. Let’s explore his observations. Ready?  Bitcoin’s Market Behaviour  From the post, we can assume that…

The post NFTs Vs SEC : Digital Chamber Supports NFT Act appeared first on Coinpedia Fintech News The New Frontiers in Technology (NFT) Act, introduced by Congressman Timmons, might just be the lifeline the NFT industry needs right now. It’s backed by the Digital Chamber, which sees it as a key moment for how non-fungible tokens are treated under US law. This Act could finally bring some clarity and help the industry move forward amid all the legal challenges it’s facing. So, what’s in the NFT Act, and how could it affect you if you’re an NFT creator, investor, or…

Staking is among the most popular ways through which passive income is generated in the crypto space. It presents investors with the opportunity to increase their holdings by locking up their assets in a Proof of Stake network. In the wake of the evolution of staking, crypto staking platforms with high APYs have grown in appeal. The best among them is STAKING AI, which does not only offer high APY but superior benefits and rewards for both advanced crypto investors and complete newbies. Some of the top 4 crypto staking platforms include the following: STAKING AI Kraken Binance.US Coinbase  …

The post Solana Breakpoint 2024 Signals Bullish Trend: Top SOL-Based Altcoins to Watch appeared first on Coinpedia Fintech News The Solana (SOL) community is preparing for the annual event dubbed Breakpoint, which the Solana Foundation in Singapore has organized. Earlier today, the Solana team announced that the online tickets for September 19 to September 21 have already sold out. However, the Solana team highlighted that a few tickets may be available at the door. The Solana Breakpoint intends to bring forth innovative ideas from different leaders to enable the mainstream adoption of blockchain technology globally. This year’s Solana Breakpoint was…

The post Top 5 AI Tokens to Grab On Before It Makes 10x Surge appeared first on Coinpedia Fintech News The cryptocurrency world is rapidly evolving, and AI-driven cryptocurrencies are leading this transformation. Among the many digital assets gaining attention, five tokens stand out for their potential to revolutionize AI integration with blockchain technology.  These tokens have the potential to experience a 10x surge in value over time, reflecting their growing importance in this space. Top 5 AI Token To Hands-On Internet Computer (ICP) Internet Computer (ICP) has been one of the best-performing cryptocurrencies this week, with its price jumping…

The post DBS Becomes First Asian Bank to Offer Crypto Options! appeared first on Coinpedia Fintech News DBS Bank just shook things up in the crypto world, becoming the first Asian bank to offer cryptocurrency options trading and structured notes. If you’re an institutional investor or accredited client, this could be huge for managing Bitcoin and Ethereum in your portfolio. DBS Steps Into the Future Starting in Q4 2024, DBS will allow its institutional investors and accredited clients to explore the world of crypto through over-the-counter (OTC) options trading. So, what does that mean?  Basically, if they have provided the…

The post FOMC Meeting & US Interest Rate Cut: What Crypto Investors Should Expect appeared first on Coinpedia Fintech News Ahead of the crucial Federal Open Market Committee meeting, a FedWatch tool made an important prediction about federal interest rate cuts. The prediction provides clarity on what we should expect after the scheduled FOMC meeting. Here we attempt to view the prediction from the perspective of a cryptocurrency investor. What does this prediction mean for cryptocurrency investors and traders? Curious? Read on!  Federal Open Market Committee Meeting: What You Should Know  Generally, the FOMC organizes meetings at least eight times…

The post $2M in 15 Days: This Trader’s 100% Win Streak with Ethereum Will Shock You! appeared first on Coinpedia Fintech News A standout crypto story has been highlighted in the world of swing trading, showcasing a savvy trader’s impressive success with Ethereum (ETH). Lookonchain, a leading blockchain analytics platform tweeted that a smart trader executed six perfect swing trades with Ethereum (ETH) making an overall profit of $2 million in just 15 day, with an impressive 100% win rate. You won’t believe how this trading wizard turned a huge profit so quickly! $2 Million Profit in Just 15 Days…

The post XRP Price Analysis: Market Awaits Push Beyond $0.60; Will That Happen On October 7? appeared first on Coinpedia Fintech News Ripple’s XRP has shown resilience in the market, outperforming many other altcoins. Over the past week, XRP has gained nearly 8%, and while its performance in the last month remains a modest 3% increase, its year-to-date gains are a staggering 177%.  According to analyst Zach Humphries, chart shows that since 2022, XRP has been slowly trending upward, albeit without any massive spikes. This gradual climb suggests that XRP is maintaining a solid price level, and the lack of…