Topic: crypto
Finance
Turkey’s New Crypto Law Sparks Global Debate over Imposing Prison Sentences for Lack of KYC
The post Prison for No KYC? Turkey’s New Crypto Law Sparks Global Debate appeared first on Coinpedia Fintech News
The global crypto scene is booming, with Bitcoin touching its ATH in December breaking the historic target of $100k this year the interest in crypto assets is bound to increase. While countries are setting a softer crypto tone, Turkey has passed a law requiring cryptocurrency users to provide identification data for transactions exceeding $425. Interestingly, …
Finance
Is it the Right Time to Invest in DOGE? Prominent Investors Acquire 250 Million Dogecoin
The post Time to Buy DOGE? Whales Buy 250 Million Dogecoin appeared first on Coinpedia Fintech News
Dogecoin (DOGE), the world’s largest meme coin, has gained remarkable attention from crypto enthusiasts amid the recent market dip. On December 21, 2024, a prominent crypto expert posted on X (formerly Twitter) that crypto whales have accumulated a significant 250 million DOGE in the past few days. Whales Purchase 250 Million DOGE However, the post …
Finance
Tether CEO Hints at AI Platform Launch Scheduled for March 2025
The post Tether CEO Teases AI Platform Launch By March 2025 appeared first on Coinpedia Fintech News
In a latest development, Tether plans to launch an AI platform by March 2025, according to CEO Paolo Ardoino’s announcement on X. The move comes as AI-related discussions dominate the crypto sector. “Just got the draft of the site for Tether’s AI platform. Coming soon, targeting end Q1 2025,” he noted. AI-focused projects have experienced …
Finance
Federal Reserve’s Third Interest Rate Reduction in 2024: Potential Boost for XRP and Bitcoin Values?
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 …
Finance
Ripple Whales Accumulate $78M Worth of XRP, Price Targets $4.5 Level
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 …
Finance
Ripple CLO Alleges Early Exposure of SEC’s Unlawful Tactics in XRP Lawsuit
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, …
Finance
Coinbase Faces $1B Lawsuit Over wBTC Delisting, Paul Grewal Provides Defense
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. …
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