Posts
The post XRP Ready for a Major Price Surge? Here’s What Peter Brandt Thinks appeared first on Coinpedia Fintech News Veteran trader Peter Brandt has spotted a bullish pattern in XRP’s price chart, and it could mean big gains ahead. With recent gains in the XRP price, the XRP community has been fueled with excitement. If the pattern plays out as predicted, XRP could skyrocket to as high as $4.8. Analyst Bullish Outlook on XRP Peter Brandt is no stranger to making accurate market predictions, and his latest analysis of XRP suggests that the cryptocurrency could be set for a breakout. As XRP has been gaining attention due to its strong performance in the past few with an average gain of almost 500%. Perhaps the recent XRP moves have shown signs of a significant upward move. Hey $XRP _pill_poppers To be clear: I could care less what XRP is going to do. If it goes up I want to be long. If it goes down I've never shorted it, but prefer to troll the poppers. No other ...
The post MicroStrategy Upsizes Strike Preferred Stock Offering from $250M to $584M appeared first on Coinpedia Fintech News In a latest development, Microstrategy has announced pricing of its Strike Preferred Stock (STRK) Offering and upsized the deal from $250M to $584M. It announced the pricing of its offering on January 30, 2025, of 7.3 million shares of 8.00% Series A Perpetual Strike Preferred Stock at $80 per share. https://twitter.com/saylor/status/1885312719026344314 MicroStrategy’s (MSTR) first effort to raise capital through perpetual preferred stock likely saw strong demand. The company estimates that the net proceeds from the offering will be approximately $563.4 million after deducting the underwriting discounts and commissions and the company’s offering expenses. The sale of the perpetual strike preferred stock is set to settle on February 5, 2025, pending standard closing conditions. Notably, the preferred stock will have a $100 per share liquidation pref...
The post Vitalik Buterin Reveals Bitcoin Holds Less Than 10% of His Portfolio appeared first on Coinpedia Fintech News Ethereum co-founder vitalik buterin vitalik buterin Vitalik Buterin is a professional programmer and Co-Founder of Ethereum. Buterin, along with Gavin Wood, Charles Hoskinson, Joseph Lubin, and Anthony Di, launched Ethereum in 2014. He co-created Ethereum when he understood that he could construct a new, possibly enhanced version by iterating on the Bitcoin blockchain. He has been involved in the Bitcoin community since 2011, writing and co-founding articles for Bitcoin magazine. Details: Organization: EthereumLocation: CanadaEducation: Vitalik graduated from the University of Waterloo (2012–2014)Skills: Computer programming and writing Awards: Honored with the Thiel Fellowship Award in 2014.Won the World Technology Network prize.Fortune's 40 under 40 list and appeared on the Under 30 list of Forb...
The post Investor Bets Big on Fed Rate Prediction, Wins $35,000 Profit appeared first on Coinpedia Fintech News In a stunning display of confidence and risk-taking, an investor recently turned a massive $1.86 million bet into a 35,000 profit by predicting the outcome of the Federal Open Market Committee (FOMC) meeting on the Polymarket, a cryptocurrency-based prediction platform. A High-Stakes Bet on Interest Rates On January 2, the investor placed a large bet on Polymarket , speculating on the Federal Reserve’s interest rate decision. Traders had three main possibilities: the Fed could either keep rates unchanged, cut them by at least 25 basis points, or raise them by 25 or 50 basis points. When the FOMC meeting concluded on January 29, Federal Reserve Chair Jerome Powell announced that interest rates would remain between 4.25% and 4.50%—a decision most experts had expected. This came after three rate cuts in 2024, as the central bank continues to balance economic ...
The post Errol Musk Launches ‘Musk It’ Token to Raise $200M – Should You Buy In? appeared first on Coinpedia Fintech News The world of cryptocurrency is no stranger to the unexpected, and now it’s taken another surprising turn. Under 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 Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party...
The post XRP Price Prediction For January 31 appeared first on Coinpedia Fintech News XRP is showing a promising structure in the short term, with the price responding well to key support levels. After a period of consolidation, the chart hints at a solid bullish setup that has been building in recent days and weeks. The market’s reaction to these support zones suggests the potential for a positive price move ahead . At the time of writing, XRP is trading below $3.10 and is down by more than one percent in the last 24 hours. Current Price Action and Support Levels After a pullback in mid-January, XRP dipped into a support area between $2.52 and $2.68. While the market didn’t immediately breakout upwards, this range remains crucial for determining the next move. As long as the price stays above this support zone, it suggests the market is respecting the current parameters, and a rebound could occur. Also Read : XRP Lawsuit News: Can Acting SEC Cha...
