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The post Shiba Inu (SHIB) Gears Up for Major Bullish Breakout: Here’s Why appeared first on Coinpedia Fintech News Leading Ethereum (ETH)-based meme coin, Shiba Inu (SHIB), has been preparing for the second leg of the macro bullish breakout towards retesting its all-time high (ATH). The large-cap altcoin, with a fully diluted valuation of about $25 billion, remains one of the most sought-after...
The post Breaking! Binance Ex-CEO Changpeng Zhao Imprisoned in California appeared first on Coinpedia Fintech News As per CNBC Reports, Binance Ex-CEO Changpeng Zhao has been imprisoned in Lompoc, California. The News was confirmed by his defense team at Latham...
The post Ethereum Rebounds as Investors Begin Accumulation Trend: Here’s What to Expect Next appeared first on Coinpedia Fintech News Ethereum’s price is gaining strength as it previously struggled to attract buyers near key resistance levels. The ETH ETF sector is experiencing a positive net flow, driving a strong push toward the $4,000 psychological mark. Analysts predict a significant upward...
The post NFT Sales Volume Collapse By 54% In May 2024 appeared first on Coinpedia Fintech News The NFT sales in May 2024 experienced a sudden decline of 54% as the global NFT market raised a trading sales volume of $625 million. According to Cryptoslam’s dashboard, the Bitcoin network is the biggest loser, with sales dropping by more than 71% over the last 30 days. Over the same period, Ethereum...
The post DMM Bitcoin Loses $305 Million Worth of BTC in a Hack: Here’s the Impact on BTC Prices appeared first on Coinpedia Fintech News DMM Bitcoin, a crypto exchange based in Japan, reported a significant loss of $305 million following a recent hack. The security breach led to the theft of 4,502.9 Bitcoin (BTC) from the exchange. As a result, BTC price witnessed a steep decline, currently...
The post Tether Buys $100M Worth of Bitdeer Shares, Can Purchase $50M More appeared first on Coinpedia Fintech News Tether has agreed to purchase up to $150 million worth of Bitdeer shares signaling a powerful partnership to promote technological advancements in BTC. Bitdeer generated $100 million in proceeds from the private placement, which could grow to $150 Million if fully exercised....
The post Bybit Confirms Executive ‘Role Changes’ Amid Notoin Deposit Delay appeared first on Coinpedia Fintech News Bybit has confirmed the reports that several executives have changed roles after a delay in Notcoin deposits earlier this month. Users had faced delays in depositing the newly issued Notcoin to Bybit which resulted in losses. The exchange issued $32 million in compensation to 320,...
The post Tether Purchases $100M of Bitdeer Shares, Eyes Additional $50M appeared first on Coinpedia Fintech News In an official announcement, Tether, the company behind the world’s largest stablecoin, USDT, has agreed to purchase up to $150 million worth of shares in the bitcoin mining company Bitdeer. This significant investment highlights Tether’s growing interest in the bitcoin mining sector...