Author: Elliot Langston

The post Sell-off Alert! Ethereum Whales Begin Dumping – Price Could Dip to $2,300 appeared first on Coinpedia Fintech News In the last few days, the overall cryptocurrency market has been experiencing notable selling pressure, potentially due to the profit booking or the recent Bitcoin (BTC) move by Mt. Gox. Amid this selling pressure, Ethereum (ETH) whales have started dumping significant ETH as reported by Lookonchain. Big Moves by Ethereum Whales On August 27, 2024, the on-chain analytic firm Lookonchain made several posts on X (Previously Twitter) stating that two Ether Whales have sold 8,208 ETH worth $21.59 million near…

The post TON Society Demands Release of Telegram Co-Founder Pavel Durov appeared first on Coinpedia Fintech News The Telegram Open Network Society has one clear message: free Pavel Durov. Durov, the co-founder of Telegram, was arrested at Le Bourget Airport on August 24, sparking widespread concern. But what does this mean for the rest of us? Standing Up for Freedom Imagine waking up to find one of the champions of free speech behind bars. That’s exactly how the TON community felt when they heard about Durov’s arrest. In an open letter, the Society condemned this action as not just a…

The post Nigeria vs. Binance: CEO Demands U.S. Intervention for Employee’s Health Crisis appeared first on Coinpedia Fintech News The ongoing lawsuits by Nigeria against Binance the biggest cryptocurrency exchange for money laundering and tax evasion seem intensifying. On August 27, 2024, Binance CEO Richard Teng, requested the United States to intervene as the health of Tigran Gambaryan a Binance employee and former federal agent, who has deteriorated while in custody. Binance Employee’s Condition Critical  Additionally, the CEO called for political pressure, as Tigran is suffering from mental health issues, and severe pain, and is unable to walk due to…

The post Nasdaq seeks SEC approval for Bitcoin Index Options appeared first on Coinpedia Fintech News Nasdaq, the major American stock exchange, is planning to introduce a new financial tool for Bitcoin enthusiasts. The exchange is seeking approval from the SEC to launch and trade  Options on the Bitcoin Index. This could provide traders and institutions another way to get exposure with Bitcoin investment. What is an Option Options are listed derivatives that give the holder the right to buy or sell an asset, such as a stock or exchange traded product, at a predetermined price by a set date. …

The post XRP Price Analysis: Outlook Remains Bearish With No Signs of Breakout appeared first on Coinpedia Fintech News Bitcoin began the week at $63,800 after concluding the previous week with a positive momentum, indicated by a green candle. According to analysis,Bitcoin is at a critical juncture, where its current price behavior closely mirrors past cycles. The price could continue to waddle in its current range, possibly testing lower levels like $61,000 before making a decisive move. However the  XRP price chart is currently facing resistance between $0.59 and $0.62, and has failed to break above this level. This suggests…

The post XRP Whales Add 50 Million Tokens, Breakout Incoming? appeared first on Coinpedia Fintech News In the ongoing selling pressure across the cryptocurrency market, top assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP (XRP) have experienced massive price declines. Amid this downturn, Ripple whales saw this as a perfect buying opportunity and added millions of tokens at lower prices. XRP Whale Buys Over 50 Million Tokens  On August 27, 2024, a prominent crypto analyst shared a post on X (previously Twitter) that XRP whales have accumulated over 50 million tokens in the last 24 hours. With this…

The post Okto Wallet by CoinDCX Becomes First Web3 Wallet Licensed by RAK DAO appeared first on Coinpedia Fintech News Okto, a self custodial wallet by CoinDCX has received a business license from RAK DAO. RAK Digital Assets Oasis or RAK DAO is the world’s first Free Zone dedicated to digital assets. Okto has become the first Web3 wallet to secure this license. Let’s explore the significance of this license and why this is a huge achievement for Okto. What Does This Mean for Okto Getting a business license from RAK DAO is not an ordinary thing. With this License…

The post Did the U.S. Order Telegram Founder Pavel Durov’s Arrest? Russia’s Top Internet Censor Makes Big Claims appeared first on Coinpedia Fintech News Russia’s leading internet regulator suggests that the U.S. was behind the arrest of Telegram co-founder Pavel Durov. The arrest, which took place on August 24th at a French airport, has sparked concerns that Washington may have been targeting the TON cryptocurrency. Durov, who holds dual citizenship with France and the United Arab Emirates, was detained at Bourget Airport near Paris after arriving from Iran on his private jet. The arrest is reportedly linked to an investigation…

The post September 6 or 16? One of These Dates Could Spark a Major Market Surge, Including a Big Bitcoin Rally appeared first on Coinpedia Fintech News The host of the channel The House of Crypto said that he knows exactly why the crypto market has started to rise in the last 24 hours. He opened up about two important dates coming up in the next few weeks that could lead to price increases across the cryptocurrency market.  Discussing the M2 money supply, he said that as the global money supply increases, it pushes up the price of Bitcoin. Various…

The post Global Liquidity Surges to All-Time High Hitting $95 Trillion: Is Bitcoin Set for a Bull Run? appeared first on Coinpedia Fintech News Global liquidity has recently reached an all-time high of $95 trillion, according to a tweet from Bitcoin Magazine. This development has caught the attention of Bitcoin investors and analysts, who closely monitor this key indicator.  Historically, an increase in global liquidity has often preceded significant bull runs for Bitcoin. Could this surge in liquidity signal another major price rally for the cryptocurrency? Global Liquidity Hit ATH: $95T In a recent tweet, Bitcoin Magazine highlighted that global…