The post Crypto ETF Update Today: SEC Approves Grayscale ETF Bid and Hashdex Files for Expanded Index appeared first on Coinpedia Fintech News The cryptocurrency market has received new updates for the exchange-traded funds (ETFs). On Tuesday, September 23, Grayscale Investments received a green light from the United States Securities and Exchange Commission (SEC) regarding
The post U.S. CFTC Unveils Initiative to Enable Tokenized Collateral With Focus on Stablecoins In Derivatives Markets appeared first on Coinpedia Fintech News The Commodity Futures Trading Commission (CFTC) has announced a new initiative focused on the mainstream adoption of stablecoins and blockchain technology. The acting CFTC chair Caroline Pham announced that the agency will
The post Tether Plans to Raise Up To $20B on a $500B Valuation Via Equity Market appeared first on Coinpedia Fintech News Tether, the leading stablecoin issuer, is reportedly seeking to raise more funds from the public. The top-tier web3 company is reportedly seeking to raise between $15 billion and $20 billion on a total
The Nifty 50 Index has come under pressure this week as trade relationship between the United States and India worsened. It was trading at 25,200 rupees on Tuesday, a few points below last week’s high of 25,442. This article looks at the best and worst performing companies in this index this year. Nifty 50 Index
The perpetual futures industry is thriving in the crypto market as investors embrace the huge leverage. It has also done well because of the recent Hyperliquid (HYPER) performance as its volume has jumped. Data shows that the perpetual futures industry had over $519 billion in volume this month. While this volume is huge, it is
The XRP price has pulled back in the past few months, moving from the year-to-date high of $3.6655 on July 22nd to the current $2.8745. This pullback could be the calm before the storm before the coin rebounds in the coming weeks. XRP price technical analysis points to a strong surge The daily timeframe chart
The crypto market attempted to rebound today, September 23, as investors bought the dip and as some new catalysts emerged. Bitcoin price remained above the important support at $112,000, while the market capitalization of all coins was stuck below the important level at $4 trillion. This article explores the top price predictions for popular coins
The Swedish krona held steady against the US dollar after the Riksbank delivered its interest rate decision on Tuesday. The USD/SEK pair was trading at 9.34, down about 17% from the highest level in December last year. Riksbank interest rate decision The USD/SEK exchange rate continued falling on Tuesday even as the Riksbank delivered another
The Indian rupee continued its strong downward momentum, reaching its all-time low as concerns about the economy persisted. The USD/INR exchange rate soared to 88.7, up by almost 6% from its lowest level in April this year. Why the Indian rupee is plummeting The USD/INR exchange rate has been in a strong uptrend this year,
The Plug Power stock price has rebounded in the past few months, moving from a low of $0.6867 in May to $2.65 today. It has soared in the last eight consecutive days and is hovering at its highest level since January. Most notably, it is about to form the highly bullish golden cross pattern. Plug