Finance

The post Fed’s Third Rate Cut of 2024, Will It Revive XRP and Bitcoin Prices? appeared first on Coinpedia Fintech News As expected, on December 18, 2024, the Federal Reserve lowered the key interest rate by 25 bps, the third consecutive reduction so far in 2024. However, this rate cut announcement cautioned us about additional reductions in the coming years.  Fed Cuts Rates by 25 Basis Points This decision has officially lowered the federal funds rate …

The post Ripple Whales Add $78M in XRP, Price Eyes $4.5 Mark appeared first on Coinpedia Fintech News In this ongoing bull run, XRP, the native token of Ripple Labs, is making waves in the market with its impressive performance and has gained significant attention from crypto whales. Ripple Whales Buy 30 Million XRP  Today, December 18, 2024, a prominent crypto expert made a post on X (previously Twitter) citing that crypto whales …

The post UK FCA Warns Against Retardio Solana for Unauthorised Financial Services, Urges Caution appeared first on Coinpedia Fintech News The UK Financial Conduct Authority (FCA) has highlighted that Retardio Solana has been promoting and providing financial services or products without permission and has suggested users to avoid dealing with this firm and beware of scams. The regulator noted that firms like Retardio Solana may change their contact details over time and may also give …

The post XRP Lawsuit: Ripple CLO Claims They Exposed SEC’s Lawless Tactics Early on appeared first on Coinpedia Fintech News Elon Musk is embroiled in an ongoing dispute with the U.S. Securities and Exchange Commission (SEC). Musk’s lawyer, Alex Spiro, recently accused the SEC of a harassment campaign against Musk and his companies, including Neuralink. The SEC has given Musk a 48-hour ultimatum to settle and has issued subpoenas. In response to the SEC’s actions, …

The post Paul Grewal Defends Coinbase In $1B Lawsuit Over wBTC Delisting appeared first on Coinpedia Fintech News

Recently, Bit Global had filed a lawsuit against Coinbase Global Inc claiming that Coinbase unlawfully delisted its WBTC token so it could promote the rival cbBTC.  BiT Global had alleged that Coinbase’s decision to delist wBTC was to promote its own competing product, cbBTC, that caused massive financial losses and deteriorated consumer confidence in wBTC.  …

The post VanEck’s Crypto Predictions for 2025: Bull Market, Bitcoin Reserves, AI Agents, and More appeared first on Coinpedia Fintech News

In a latest blog post, VanEck has outlined its top 10 crypto predictions for 2025. VanEck predicts the Crypto bull market to hit a medium-term peak in Q1 and set new highs in Q4. It believes that the crypto bull market will persist through 2025, reaching its first peak in the first quarter. It projects …

The post Nano Labs Boosts Bitcoin Holdings To 360 BTC Worth  $36.22 Million  appeared first on Coinpedia Fintech News

In a latest development, Nano Labs Ltd, a leading fabless integrated circuit design company and product solution provider in China, has recently increased its Bitcoin holdings through the licensed virtual asset exchange HashKey Exchange in Hong Kong. As of December 12, 2024, the Company holds a total of approximately 360 Bitcoins, with a current value …