The post Semler Scientific Purchases 871 Bitcoins; Achieves Impressive BTC Yield appeared first on Coinpedia Fintech News In a significant update, Semler Scientific has announced updates regarding its bitcoin activity and holdings, and BTC Yield, a key performance indicator. The press release noted that from January 11 to February 3, 2025, Semler Scientific bought 871 bitcoins for $88.5 million using funds from its January 2025 senior convertible notes offering and the sale of part of its stake in Monarch Medical Technologies, LLC. The average price of its bitcoin purchases was $101,616 per bitcoin, inclusive of fees and expenses. As of…
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The post Coinbase Urges U.S. Regulators to Clarify Rules for Crypto Banking Services: Bloomberg appeared first on Coinpedia Fintech News In a latest development, Coinbase is reportedly lobbying U.S. banking regulators for more explicit guidelines that would permit banks to provide cryptocurrency custody and trading services. The exchange hopes to drive policy changes that would reduce current restrictions, allowing banks to engage more easily with the crypto sector. Notably, this move is aimed at making it easier for banks to partner with companies like Coinbase. As per a latest report from Bloomberg, Coinbase has sent a letter to the Office…
Excitement brews in the crypto world as memecoin ETFs are poised to make a splash in 2025. With the market on an upward trend, attention focuses on emerging stars like Agent A.I. and Pepe. These coins, known for their playful nature, are now seen as serious contenders with potential for significant gains. Agent A.I. stands out with its clever approach, positioning itself as a real memecoin among fake AI agents. Inspired by the success of Pepe, which once soared tremendously, Agent A.I. aims to capture similar enthusiasm. As investors look for new opportunities, these coins provide intriguing options in the…
The post China Tariffs Fuel Bitcoin Drop – When Will Crypto Market Bounce Back? appeared first on Coinpedia Fintech News The US-China trade tension has escalated to a new peak, when Beijing has strongly retaliated against Washington’s decision to impose a 10% tariff on Chinese goods with counter-tariffs on US imports. Notably, even though Bitcoin earlier benefited from US President Donald Trump’s decision to hold the proceedings aimed to impose tariffs on Canada and Mexico, the Asian superpower’s retaliation against the global economic leader has disrupted the BTC market severely. Today, the Bitcoin market has declined by at least 2.66%.…
The post Sol Strategies Bought $10M Worth of Solana Token – SOL Price Soars 7% appeared first on Coinpedia Fintech News Canadian publicly traded company Sol Strategies announced the purchase of an additional 40,300 SOL tokens. This latest purchase, valued at approximately CAD 14.3 million ($9.9 million), comes at an average price of CAD 355.77 ($246.53) per SOL. In the meantime, Solana native token Sol has seen a surge of 7% with a market cap of almost $100 billion. Sol Strategies Add More Sol Into It’s Portfolio Sol Strategies, previously known as Cypherpunk Holdings Inc., has been actively increasing its…
Cryptocurrency markets continue to present opportunities for high returns, with PEPETO, #SHIB, and #DOGE showing strong growth potential. These assets have demonstrated significant price movements driven by investor sentiment, utility improvements, and market trends. With #PEPETO’s innovative technology, SHIB’s expanding ecosystem, and DOGE’s persistent community support, these tokens could offer substantial returns for traders and investors. PEPETO: A Fast and Efficient Cross-Chain Solution #PEPETO is transforming blockchain transactions with its 30-second transfer technology, offering traders a seamless experience. Unlike traditional bridges that take up to 15 minutes, PEPETO’s parallel processing enables near-instant transactions. This speed enhances efficiency and reduces…
The post CFTC Targets Crypto Sports Betting: Will Kalshi and Crypto.com Survive? appeared first on Coinpedia Fintech News The Commodity Futures Trading Commission (CFTC) has launched an investigation into sports-related prediction markets on Crypto.com and Kalshi, focusing on whether these contracts should be classified as “gaming” under the Commodities Exchange Act. This probe, first reported by Bloomberg, could impact how sports betting and event-based contracts are regulated in the future. The Big Question: Is Sports Betting “Gaming”? The key issue in this investigation is whether sports prediction markets fall under the definition of “gaming.” According to crypto lawyer Aaron Brogan,…
The post Ethereum’s Pectra Upgrade Set to Boost Layer 2 Capacity, ETH Price Jump By 10% appeared first on Coinpedia Fintech News Ethereum, one of the leading blockchain networks, is gearing up for its next big upgrade, Pectra, scheduled to launch in March. In a recent tweet post Co-founder Vitalik Buterin recently shared exciting details about this update, highlighting a key change that could significantly boost the network’s efficiency. Meanwhile, Ethereum ETH price recovered from its recent drop & now trading around $2711 reflecting a rise of 10% in day. Ethereum’s Pectra Upgrade Layer 2 solutions, which help Ethereum handle…
The post Why Ethereum Price is Up Today? appeared first on Coinpedia Fintech News As US President Doanld Trump has decided to place a halt on the proceedings aimed at imposing tariffs on Canada and Mexico, the entire cryptocurrency market, especially Ethereum, has rebounded strongly. In the last 24 hours alone, the Ethereum market has seen growth of 8%. Interestingly, Eric Trump, the president’s son, has recommended that people buy ETH. Curious to know more? Read on! Ether Rebounds After Trump’s Tariff Pause It was on February 1, 2025, that President Trump took the aggressive decision to impose tariffs on…
The post 22-Year-Old Canadian Hacker Accused of Stealing $65 Million in Cryptocurrency appeared first on Coinpedia Fintech News A 22-year-old Canadian, Andean Medjedovic, has been charged with stealing $65 million from two cryptocurrency platforms using advanced hacking techniques. U.S. prosecutors revealed that he targeted Indexed Finance in 2021 and KyberSwap in 2023. Meanwhile, he has been on the run from authorities since 2021. Mastermind Behind $65 Million Exploits A U.S. court in Brooklyn has officially charged Andean Medjedovic with wire fraud, computer hacking, and attempted extortion. He is accused of stealing around $65 million in cryptocurrency by exploiting weaknesses in…