Finance

The post Fed Chair Jerome Powell: ‘Banks Are Perfectly Able to Serve Crypto Customers, It’s Safe’ appeared first on Coinpedia Fintech News Federal Reserve Chair Jerome Powell addressed concerns raised in the Financial Stability Oversight Council’s annual report, particularly regarding the risks of cryptocurrency. Powell was asked whether speculation in this unregulated asset class could harm individuals’ financial well-being, especially in contrast to the broader concerns about the financial system. Powell said that the Federal Reserve’s primary …

The post SUI’s 35% Crash Incoming? Bearish Pressure Mounts appeared first on Coinpedia Fintech News Amid this bearish market sentiment, SUI, the native token of the Sui blockchain appears bearish and is likely headed for a double-digit price drop, as it has formed a bearish price action pattern on its daily time frame. This bearish outlook on SUI has shifted as it fails to hold the crucial support from the …

The post Ethereum (ETH) Price Prediction Today appeared first on Coinpedia Fintech News ETH, the native token of the Ethereum blockchain, is gaining significant attention from both the pro-crypto community and former United States President Donald Trump. His project appears to have accumulated a substantial amount of ETH since his inauguration. Donald Trump’s $5 Million Investment in Ethereum (ETH) On January 27, 2024, Arkham Intelligence, a blockchain-based security …

The post Over 29 Million XRP Transferred To Major Crypto Exchange Coinbase appeared first on Coinpedia Fintech News Over 29 million XRP, worth over $92 million, has been moved to the major crypto exchange Coinbase, sparking interest in the crypto community. Whale Alert tracked the transfer, which involved 29,532,534 XRP from an unknown wallet to Coinbase. Although large transfers like this often signal the intention to sell, the true reason remains unclear. The …

The post Dogecoin (DOGE) Eyes on $0.43 Amidst Elon Musk’s Blockchain Plan appeared first on Coinpedia Fintech News The current sentiment towards Dogecoin (DOGE) appears bullish, and it seems poised for a massive upside rally due to the formation of bullish price action and Elon Musk’s recent views on the Department of Government Efficiency (DOGE). These factors appear to be shifting the market sentiment that DOGE has been witnessing. Elon Musk and Blockchain …

The post XRP Price Prediction For January 25 appeared first on Coinpedia Fintech News In recent market movements, XRP has seen mixed price action and is down by more than four percent on the weekly chart. At press time, XRP is trading at $3.12 and has slightly drifted to the green zone.  The Key Scenario: Price Expected to Reach New Highs There is a scenario where XRP could make …

The post AVAX Traders Strongly Bet on Short Side, Eyeing $29 appeared first on Coinpedia Fintech News AVAX, the native token of Avalanche, seems bearish and is poised for a price decline as it has formed a bearish price action pattern on the daily time frame. However, the current market sentiment is quite unpredictable, with some cryptocurrencies witnessing price surges while others experience notable price declines. AVAX Technical Analysis and Price Action  …