The European Securities and Markets Authority (ESMA) has initiated a call for evidence to explore the potential inclusion of new assets, including cryptocurrencies, in UCITS funds, which represent a major share of EU retail investments. UCITS, an acronym for Undertakings for Collective Investment in Transferable Securities, is a regulatory framework of the European Union that
The post Analyst Identifies Two Scenarios for Bitcoin: $75K or $47K appeared first on Coinpedia Fintech News Crypto analyst Crypto Jebb has identified a significant chart pattern on Bitcoin that could potentially propel its price to $75,000. In a recent video, Jebb discusses the emergence of an inverse Head and Shoulders pattern, signalling a possible rally for the leading cryptocurrency. The inverse Head and Shoulders pattern, according to Jebb, presents a bullish …
Bitcoin and Ethereum charts show critical support and resistance levels. Recent SEC actions have led to significant price drops in cryptocurrencies. Continue Reading: Recent Trends in Bitcoin and Ethereum Market Analysis
The post Shiba Inu’s Burn Rate Crosses 200%, New Developments Coming In appeared first on Coinpedia Fintech News Shiba Inu, a prominent memecoin that keeps challenging Dogecoin, is once again in the news as the burn rate soars 200%, which has rendered its price highly volatile in the past 24 hrs. Shibburn’s insights revealed the burn rate surged 210.27% in the last 24 hrs burning 24.63 million tokens from the supply. Coinglass data …
The post Here’s Why Bitcoin Is Poised to Hit the $265,000 appeared first on Coinpedia Fintech News In a recent discussion, analyst Larry Jones delved into the current state of the cryptocurrency market, focusing particularly on Bitcoin’s trajectory and long-term investment strategies. Jones opened up about several key indicators and his approach to navigating the market’s fluctuations. Jones began by pointing out a crucial Bitcoin indicator suggesting a period of relative stability …
Binance fined $4.4 million by Canada's FINTRAC for non-compliance. Failed to register as a foreign money services business and report transactions. Continue Reading: Canada Imposes Significant Fine on Binance for Regulatory Non-Compliance
The winds of regulatory change are howling through the cryptocurrency space, and a prominent victim has emerged. LocalMonero, a veteran P2P (peer-to-peer) trading platform for the privacy-focused Monero (XMR) coin, announced its closure on May 7th, citing a combination of “internal and external factors.” This move has sent shockwaves through the Monero community and reignited
The post Binance Officials Respond to Market Manipulation Allegations Alongside DWF Labs’ Wash Trading Activities appeared first on Coinpedia Fintech News Binance has been under the spotlight of controversy ever since harsh allegations of market manipulation involving DWF Labs were placed against the company. Reports were released claiming that committed significant wash trading activities worth $300 million have been conducted in the last year by DWF Labs. After seeing such allegations, several key figures in charge …
Binance team continues to secure major projects for the Launchpool process. The 54th event will start on May 13, allowing users to stake assets. Continue Reading: Binance Announces New Project Inclusion in Launchpool Event
The post Top Five Altcoins With 50X Potential to Stack Right Now appeared first on Coinpedia Fintech News Altcoin Buzz has weighed in on the current market scenario, stressing the importance of strategic repositioning during the ongoing crypto bull run. He said, “Everyone in this crypto Bull Run is looking for that special altcoin project that’s capable of doing a 10x, 20x, maybe even 50x. Right now, we’ve been experiencing a little bit …