Topic: invest
Hyderabad
State sets aside Rs 12.3 crore for CM’s Davos trip
Hyderabad: The State government has approved the release of Rs 12.30 crore for Chief Minister A Revanth Reddy's upcoming visit to Davos in January....
Finance
XRP Faces Critical Juncture, $2.15 Support in Focus
The post XRP at Make-or-Break Level, Can It Hold $2.15? appeared first on Coinpedia Fintech News
XRP, the native token of Ripple Labs, is making waves amid ongoing market uncertainty. Over the past few days, the overall cryptocurrency market has faced downside momentum. XRP Current Outlook Despite this, XRP has held its crucial support level at the $2.15 mark for the last five trading days. Meanwhile, major cryptocurrencies, including Bitcoin (BTC), …
Finance
Relai Increases Bitcoin Holdings with $1.2 Million BTC Purchase
The post Relai Boosts Bitcoin Holdings, Bought $1.2 million worth of BTC appeared first on Coinpedia Fintech News
Swiss Bitcoin platform Relai has announced a significant increase in its Bitcoin holdings. Posting on X, the company revealed that it recently acquired 13 BTC for $94,040.29, bringing its total Bitcoin stash to 30 BTC. In a surprising twist, Relai also tagged Microsoft Corporation in their post, seemingly encouraging the tech giant to embrace Bitcoin. …
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
Coinbase Experienced a Swift Increase in User Growth and Derivatives Trading in 2024
The post Coinbase Advanced Saw Rapid Surge in Users and Derivatives Trading In 2024 appeared first on Coinpedia Fintech News
Coinbase Advanced, the cryptocurrency exchange’s platform for professional traders, saw a surge in users and trading volumes in 2024. The platform clocked a 191% increase in trading volumes driven by strong growth in derivatives trading and a 77% increase in users. Notably, Coinbase Advanced offers experienced traders a flat monthly fee in exchange for lower …
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 …
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