Author: virtual SEO

The post FDIC Releases Documents on Crypto Debanking Ahead of Congressional Hearing appeared first on Coinpedia Fintech News Just ahead of the scheduled congressional hearing on banking practices and financial access, the Federal Deposit Insurance Corporation (FDIC) released 175 documents related to its supervision of banks that engaged in, or sought to engage in, crypto-related activities as per a recent press release.  Notably, the documents show regulators resisting, with banks experiencing delays, additional information requests, and orders to halt or limit their blockchain and crypto operations. Acting FDIC Chairman Travis Hill said releasing these documents will improve transparency. The move also…

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Ethereum Sees $1B in Exchange Outflows as Traders Accumulate ETH According to IntoTheBlock, nearly 350,000 ETH, valued at approximately $1 billion, was withdrawn from centralized exchanges (CEXs) in a single day, marking the largest ETH net outflow since January 2024. Key Takeaways: Largest single-day ETH outflow from CEXs in over a year. Suggests traders are buying the dip and moving ETH to self-custody. Potentially bullish for ETH price if supply on exchanges continues to shrink. This massive withdrawal indicates that investors are accumulating ETH, potentially reducing selling pressure and paving the way for a supply-driven price recovery. Why Are Investors…

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Altcoin Recovery Delayed Until April, Says Analyst Matthew Hyland According to crypto analyst Matthew Hyland, altcoins are unlikely to return to their December highs before April 2025, citing mass liquidations and heightened market uncertainty. In a recent X (formerly Twitter) post, Hyland referenced U.S. President Donald Trump’s tariff threats, which have shaken global markets and triggered a crypto sell-off, particularly in altcoins. Key Factors Affecting Altcoin Recovery: Trade war fears leading to investor caution Increased market liquidations after economic uncertainty Historical patterns suggest a 2+ month recovery period Hyland advises investors to “keep expectations tempered” and anticipate a gradual market…

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The post Standard Chartered Forecasts Bitcoin to Hit $500,000 by 2028 appeared first on Coinpedia Fintech News In a latest development, Standard Chartered, a British multinational bank, has issued a bold prediction that Bitcoin (BTC) could reach $500,000 before Donald Trump’s presidency ends. The bank expects this price surge due to a more favorable regulatory environment and increased access to Bitcoin.  Notably, it forecasts Bitcoin will hit $200,000 in 2025, and then steadily rise to $300,000 in 2026, $400,000 in 2027, and finally hit $500,000 in 2028, before stabilizing the following year. Bitcoin is currently priced at $98,600, up 43% from…

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The post Senate Banking Committee To Hold Hearing on Debanking Practices Today appeared first on Coinpedia Fintech News In a latest development, the Senate Banking Committee will hold a hearing today on “debanking,” where experts and business owners will testify about being unfairly denied banking products. On Wednesday, U.S. banks and regulators will face intense questioning as lawmakers investigate claims from conservatives and businesses that banks refuse services to certain industries or political groups. Notably, The banking industry strongly denies claims that it refuses services for ideological reasons. Instead, it says that strict and unclear rules, along with banking oversight…

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The post Chamath Palihapitiya’s Crypto Strategy: Using Bitcoin to Kickstart a U.S. Sovereign Wealth Fund appeared first on Coinpedia Fintech News Recently, President Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several…

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The post Ripple Leads the Charge in US Crypto Regulation Reform appeared first on Coinpedia Fintech News Under Trump’s leadership, Ripple’s CEO, Brad Garlinghouse, is excited about the recent changes happening in the U.S. crypto market, calling them a “big deal.” His excitement follows David Sacks, the U.S. Crypto Czar, pushing for clearer rules and regulations for cryptocurrencies like Bitcoin and XRP. This is a bigger step in how the US will handle crypto assets in the long run. Any criticism of today’s press conference is absolutely missing the forest for the trees. Having the Chair of Senate Banking, the…

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The crypto space is buzzing with speculation about potential new meme coin ETFs. As the market surges, investors are eager for fresh opportunities. Insights from Bitwise’s CIO suggest a growing interest in products linked to popular meme coins. This has sparked chatter on which coins might be in the spotlight. Coins like SHIB, PEPE, BONK, and FLOKI are capturing attention. An emerging project, Mission Briefing: Agent A.I., is also gaining traction. Modeled after the successful PEPE coin, Agent A.I. promises significant community-driven growth. Investors are keenly watching to see which projects will tap into the exploding meme coin ETF interest.…

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The post US Postal Service Halts China Shipments: What It Means for the Crypto Market appeared first on Coinpedia Fintech News The increasing fear that has been driving the US market, since President Donald Trump focused on Tariff trade wars to help deliver on his campaign promises, has trickled down to the crypto market. The Bitcoin’s fear and greed index has dropped from over 70 percent, denoting greed, to around 50 percent, suggesting rising fear of further capitulation ahead. As Coinpedia reported, Bitcoin price faces a potential drop to the support level of around $91k again after being rejected above…

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Presales are growing to become one of the top strategies that crypto companies are employing today. They are an effective way for investors to make a profit for early adoption and for companies to acquire funds for operations.  Memecoins are currently leading the crypto scene and savvy investors are on the lookout for the next memecoin presale to join. Investors are now turning to PEPETO as the Wall Street Pepe presale finally comes to a close.   Pepeto Presale  PEPETO tokens are available in presale at the friendly price of $0.000000108 per token. A variety of payment options are available…

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