22 November, 2024 by The bizandtech.net Newswire Staff Comments Off on Trump’s Truth Social Takes Major Leap Into Crypto Payment Service with ‘TruthFi’
Trump’s Truth Social Takes Major Leap Into Crypto Payment Service with ‘TruthFi’
The post Trump’s Truth Social Takes Major Leap Into Crypto Payment Service with ‘TruthFi’ appeared first on Coinpedia Fintech News
Donald Trump’s social media platform, Truth Social, is gearing up for a crypto revolution. Trump Media & Technology Group has filed a trademark for “TruthFi,” a platform poised to offer cryptocurrency payment processing, asset management, and digital trading services. The trademark application suggests ambitious plans, including card payment processing and secure custody services for digital assets. This development follows the company’s strategy to deepen its crypto footprint, highlighted by its planned investment in the crypto trading platform Bakkt. If TruthFi comes to fruition, it could position Trump’s media empire as a significant player in the growing digital asset economy.
22 November, 2024 by The bizandtech.net Newswire Staff Comments Off on Istanbul Blockchain Week 2025 Is Back: The Future of Web3 Unfolds in Turkey’s Innovation Hub
Istanbul Blockchain Week 2025 Is Back: The Future of Web3 Unfolds in Turkey’s Innovation Hub
The post Istanbul Blockchain Week 2025 Is Back: The Future of Web3 Unfolds in Turkey’s Innovation Hub appeared first on Coinpedia Fintech News
Tuesday 19th November 2024 – Leading Web3 Marketing Agency, EAK Digital, is proud to announce that Turkey’s premier Web3 and Blockchain event, Istanbul Blockchain Week, will return for its fourth edition on the 18th-19th June 2025, at the Hilton Istanbul Bomonti Hotel and Conference Center in Istanbul.
With the Turkish Capital Markets Board (CMB) set to issue coveted licenses to blockchain and crypto projects this year, Istanbul Blockchain Week 2025 (IBW) is set to herald a new and exciting era of web3 in Turkey.
Some of the largest companies in web3 including Coinbase and Binance have applied to obtain licenses, which is expected to shape the Web3 landscape, solidifying Turkey’s position as a global hub. This regulatory milestone will make IBW 2025 an even more impactful and exciting event, showcasing Istanbul as the heart of blockchain innovation.
Building on the success of this year’s event, which drew thousands of Web3, blockchain and gaming enthusiasts, plans are already underway to ensure next year’s event attracts the biggest names, brands and projects in the industry.
Highlights for 2025 include:
- Roundtable discussions that bring together industry leaders for engaging conversations and solution-oriented dialogues.
- The return of VC Connect, a platform fostering connections between investors and projects in Web3 and blockchain.
- IstanHack, IBW’s hackathon, offering developers a streamlined opportunity to collaborate, innovate and solve real-world problems using blockchain technology.
Erhan Korhaliller, CEO of EAK Digital and founder of Istanbul Blockchain Week, said:
We’re excited to bring Istanbul Blockchain Week back for its fourth edition in 2025, with a vision to make it even bigger and more impactful than ever. Istanbul sits at the crossroads of East and West, making it the perfect place to unite the global Web3 and Blockchain community. We look forward to building on last year’s success and creating a truly unforgettable experience for everyone involved.
Attendees can expect thought-provoking discussions, insightful panels, and immersive networking opportunities, exploring the future of decentralized technology and its applications in digital finance, Real World Asset tokenization, decentralized gaming, and AI.
In addition, W3E Gaming will once again host the W3Expo, the region’s largest Web3 gaming expo. With live e-sports tournaments and interactive gaming demos, the expo celebrates Turkey’s thriving gaming culture and its role in the Web3 ecosystem.
For more information on Istanbul Blockchain Week 2025, please visit: https://istanbulblockchainweek.com/.
22 November, 2024 by The bizandtech.net Newswire Staff Comments Off on Solana (SOL) Price Hits $264 ATH: Will $300 Be the Next Stop?
Solana (SOL) Price Hits $264 ATH: Will $300 Be the Next Stop?
The post Solana (SOL) Price Hits $264 ATH: Will $300 Be the Next Stop? appeared first on Coinpedia Fintech News
As Bitcoin surpasses the $99,000 mark, with a new all-time high of $99,314, Solana shares the momentum to hit a new ATH. With a 10% surge in the last 24 hours, the bull run in SOL price powers tailwinds for other altcoins.
Will this fresh bullish trend drive the SOL price to $300 as it enters the uncharted price levels? Let’s find out in Coinpedia’s latest Solana price analysis.
Solana (SOL) Price Performance
In the weekly chart, the SOL price action showcases a descending triangle breakout rally, completing a cup and handle pattern. This pattern breakout with the neckline at the $249 mark has resulted in a new all-time high for Solana.
Currently, it is trading at $262, with a 24-hour high of $264. As the bullish trend continues, SOL price action is on the verge of completing the third consecutive bullish week.
As Solana is trading at uncharted levels, the underlying bullish momentum is teasing an uptrend continuation. Furthermore, with the broader market recovery at play and Bitcoin inching closer to the $100,000 mark, Solana is likely to hit the $300 mark.
Technical Indicators:
MACD: Supporting the bullish trend, this indicator gives a positive crossover with a spike of bullish histograms.
Will Solana Hit $300?
Based on the Fibonacci levels, the upside price target for Solana is at $602.92. This price coincides with the 1.272 Fibonacci level on the logarithmic chart.
On the flip side, a retest of the $250 breakout is possible if the buying pressure recedes.
Curious about Solana’s future? Read Coinpedia’s latest Solana (SOL) Price Prediction for future price targets.
FAQs
What is Solana’s current price and performance?
Solana is trading at $262, up 10% in the past 24 hours, after breaking out of a descending triangle and completing a cup-and-handle pattern.
What are Solana’s next price targets?
Short-term targets include $300, with a long-term Fibonacci-based target at $602.92 if bullish momentum sustains.
What indicators support Solana’s bullish trend?
The MACD indicator shows a positive crossover, supported by a surge in bullish histograms, signaling continued upward momentum.
22 November, 2024 by The bizandtech.net Newswire Staff Comments Off on Why Ripple XRP And Viral New Altcoin Are About To Enter Parabolic New Growth Stage
Why Ripple XRP And Viral New Altcoin Are About To Enter Parabolic New Growth Stage
The post Why Ripple XRP And Viral New Altcoin Are About To Enter Parabolic New Growth Stage appeared first on Coinpedia Fintech News
Ripple (XRP) has again taken the spotlight and this time for reasons other than excruciating legal battles with the SEC. Despite its triple-digit monthly growth, Ripple’s run appears far from over as it enters its euphoric stage.
Another project that has been flying under the radar has started gaining significant traction — Cutoshi. This is a newcomer in the meme coin space that leverages cutting-edge DeFi utility and is currently still in presale. Judging by the growing number of investors flocking to get an allocation, it could soon become one of the best plays of 2025.
Ripple Volume Skyrockets With A 25% Surge
With Donald Trump winning the US presidential elections, Ripple holders had a field day, as XRP soared by over 109% in less than a month with a near-vertical breakout from its trading channel around $0.51.
The president-elect has stated numerous times that he intends to officially turn the United States into the world’s biggest crypto hub, focusing on promoting the development and adoption of blockchain technologies. This of course means a new, comprehensive regulatory framework, which will greatly benefit Ripple, as one of its main woes has been the draconian crackdowns by the SEC.
Recently, Ripple Labs announced the release of the proprietary stablecoin RLUSD. This is expected to further expand adoption and put Ripple at the forefront of the stablecoin space, which is expected to grow to $3 trillion in the upcoming years, as demand for stablecoins continues to rise. Moreover, Ripple has started exploring the possibility of launching a Dirham-backed stablecoin, with the support of the United Arab Emirates’ Central Bank.
These developments galvanized the Ripple community, as reflected by the explosive price action of XRP, with over $7 billion in trading volume recorded in the last 24 hours. At press time, Ripple sells for $1.19 with a 3.5% intraday increase, with the chart showing a clear path for bullish continuation.
Analyst Clifton FX has pointed out on X that in the 2-hour timeframe, Ripple is completing a bullish pennant pattern that could send XRP to new heights in the upcoming days.
Cutoshi, The Luckiest Cat On The Blockchain Is Rewriting The Meme Coin Script
The Lucky Cat of Japanese legend is said to bring good fortune to businesses and households. This is where Cutoshi draws inspiration from as it seeks to bring prosperity to its flourishing community with a groundbreaking reward system. Simultaneously, Cutoshi’s roots delve into the foundational principles of blockchain, as this meme coin embodies the values of privacy and decentralization that inspired Satoshi Nakamoto to create Bitcoin.
CUTO DEX is at the heart of the Cutoshi ecosystem. This is a novel cross-chain exchange that will allow for seamless transactions across all major blockchains. This means near-instantaneous speeds and just 0.25% in fees.
Via the Cutoshi Farming initiative, users will have the opportunity to earn generous monetary incentives the more they engage with the project. In order to spread awareness about Cutoshi and boost its online presence, they will be tasked with completing various missions and quests. For their efforts, they will receive CUTO points which can later be redeemed for $CUTO once the token launches. Additionally, they can also stake their $CUTO and enjoy a passive income stream, while doing their part in supporting the ecosystem.
Stage 3 of the $CUTO presale is now underway and so far, nearly $1 million has been raised in record time. $CUTO is priced at just $0.0259, which is an ideal entry point, as substantial increases are expected in the upcoming weeks. Investors who want to be on the winning side of the utility-driven meme coin revolution should consider looking into Cutoshi and all that it has to offer!
For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/
Join and become a community member:
Twitter: https://twitter.com/CutoshiToken
Telegram: https://t.me/cutoshi
22 November, 2024 by The bizandtech.net Newswire Staff Comments Off on WisdomTree Launches Europe’s Cheapest XRP ETP Across Major Exchanges
WisdomTree Launches Europe’s Cheapest XRP ETP Across Major Exchanges
The post WisdomTree Launches Europe’s Cheapest XRP ETP Across Major Exchanges appeared first on Coinpedia Fintech News
WisdomTree, a leading asset management firm, has launched its latest cryptocurrency exchange-traded product (ETP), the WisdomTree Physical XRP (XRPW), on major European exchanges, including Deutsche Börse Xetra, Six Swiss Exchange, and Euronext. With a competitive management expense ratio of 0.50%, this ETP offers one of Europe’s most cost-efficient options for XRP exposure. The product is fully backed by XRP, providing investors direct access to its spot price through a secure, institutional-grade structure. WisdomTree emphasized simplicity and security, highlighting a dual-custody model with regulated custodians and cold storage for underlying assets. This launch aims to provide a cost-effective and safe way for investors to engage with XRP.
22 November, 2024 by The bizandtech.net Newswire Staff Comments Off on Super Whale Adds $870k in EIGEN, Boosts Holdings to $3.56M
Super Whale Adds $870k in EIGEN, Boosts Holdings to $3.56M
The post Super Whale Adds $870k in EIGEN, Boosts Holdings to $3.56M appeared first on Coinpedia Fintech News
With the altcoin season heating up as Bitcoin inches near the $100,000 mark, Super Whale is buying Eigen Layer tokens. The whale 0x373 made a profit of $70 million from PEPE and has now bought 319,114 EIGEN tokens in exchange for 252.4 Ethereum tokens. This transaction was worth $870,000 nearly 7 hours ago. This increases the whale’s holding to 1.39 million EIGEN tokens worth $3.56 million. The whale is holding 3.3 trillion PEPE, 10 million ENA, and EIGEN.
22 November, 2024 by The bizandtech.net Newswire Staff Comments Off on Bitcoin Nears $100k as Whales Accumulate 3,577 BTC Worth $330 Million
Bitcoin Nears $100k as Whales Accumulate 3,577 BTC Worth $330 Million
The post Bitcoin Nears $100k as Whales Accumulate 3,577 BTC Worth $330 Million appeared first on Coinpedia Fintech News
With the Bitcoin price inching closer to the $100,000 mark, the whales are continuing to accumulate BTC. In a recent whale entry, an entity has accumulated 3,577 Bitcoin worth $330 million. The buying speed has continued for the past four days. The whale is currently holding 25,298 Bitcoin worth $2.5 billion.
22 November, 2024 by The bizandtech.net Newswire Staff Comments Off on Bitcoin Breaks $99k as Bitcoin ETFs See $842M Inflows
Bitcoin Breaks $99k as Bitcoin ETFs See $842M Inflows
The post Bitcoin Breaks $99k as Bitcoin ETFs See $842M Inflows appeared first on Coinpedia Fintech News
With Bitcoin crossing above the $99,000 mark, the Bitcoin ETF market registered a positive inflow on Nov 21. The net flows reached $842.74 million by purchasing 8,585 Bitcoins. BlackRock’s iBit was the leader in the pack with the purchase of 6,644 Bitcoins worth $652 million and is currently holding 481,270 Bitcoins worth $47.24 billion. The Ethereum ETF, however, failed to hitch the ride with a total net outflow of 10,988 Ethereum tokens worth $36.85 million.