Finance

The post $62 Million XRP Offload Onto Exchanges, Sell Signal or What? appeared first on Coinpedia Fintech News For the past few days, XRP, the native token of Ripple Labs, has been struggling to gain momentum, and data suggests it is likely to continue struggling in the coming days. This negative speculation is based on the recent activity of investors and long-term holders amid ongoing market uncertainty. Bearish On-Chain Metrics  Data from the …

The post Shiba Inu (SHIB) Set for 18% Rally, The Reason appeared first on Coinpedia Fintech News Shiba Inu (SHIB), the popular and second-largest crypto meme coin, is poised for a price surge as it has formed a bullish price action pattern on its four-hour time frame. In addition, the overall market sentiment appears to be shifting from a downtrend to an uptrend, with SHIB seeming to breach its prolonged consolidation or …

The post Rumble Embarks On $20M Strategy with First Bitcoin Purchase appeared first on Coinpedia Fintech News In a latest development, Rumble CEO Chris Pavlovski on January 20, disclosed that the firm had made its first Bitcoin purchase on January 17, in line with its $20 million treasury strategy. He suggested that this would be the first of many, though the exact amount purchased remains undisclosed at the time of writing. With …

The post XRP Lawsuit News: Ripple’s Fight with SEC Faces New Twist as Trump Promotes Meme Coin appeared first on Coinpedia Fintech News As President-elect Donald Trump prepares to take office on Monday as the 47th president of the United States, he has made a surprising move by launching his own cryptocurrency, the $TRUMP coin. Despite his previous hesitations about cryptocurrency, Trump had expressed his belief that America would become “the crypto capital of the planet” once he …

The post TRUMP Sell-Off Begins? Whale Sells $23.82 Million in Holdings appeared first on Coinpedia Fintech News Today, January 19, 2024, while major cryptocurrencies seem to be struggling, Donald Trump’s newly launched meme coin, Official Trump (TRUMP), is making waves and gaining significant attention from crypto enthusiasts. The potential reason behind this attention is the TRUMP coin’s over 300% upside momentum and a post made by President-elect Trump. Crypto Whale Sold Entire …

The post Coinbase Endorses Strategic Bitcoin Reserve appeared first on Coinpedia Fintech News In a latest development, Coinbase, the United States’ largest crypto exchange, is endorsing the creation of a US strategic Bitcoin reserve. Notably, the endorsement comes just before the second inauguration of Donald Trump and Armstrong’s trip to the World Economic Forum. It is also the first time Coinbase has specifically addressed the idea of a …

The post Ethereum (ETH) Buying Activity Surges, Traders Eyes 15% Rally appeared first on Coinpedia Fintech News Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, seems to be struggling after yesterday’s 8.80% gain. Today, January 17, 2025, ETH has retraced nearly 5% of yesterday’s gains, dropping from $3,450 to the $3,260 level. ETH’s Current Price Momentum  Currently, ETH is trading near $3,331 and has experienced a price decline of over 3.15% …