The post El Salvador Plans World’s First Bitcoin Banks appeared first on Coinpedia Fintech News El Salvador’s bold Bitcoin experiment is taking another leap forward. The country’s official Bitcoin Office announced on X that “Bitcoin Banks” are on the way, marking what could be the first banking system in the… Listen ⇢

Filecoin (FIL) demonstrated measured volatility, trading within a 5.4% range in the last 24-hours, according to CoinDesk Research’s technical analysis model. The model showed that despite experiencing a mid-session decline to $2.39 at 16:00, Filecoin staged a textbook recovery, and bounced 5%. Elevated trading volumes exceeding 2.8 million units during… Listen ⇢

The post El Salvador to Launch World’s First Bitcoin Bank appeared first on Coinpedia Fintech News El Salvador has announced plans to introduce the world’s first Bitcoin banks, aiming to integrate Bitcoin more deeply into its financial system. The initiative builds on President Nayib Bukele’s pro-Bitcoin strategy, seeking to offer… Listen ⇢

Standard Chartered’s Hong Kong arm and Animoca Brands have launched a joint venture, Anchorpoint Financial, to develop a licensed Hong Kong dollar stablecoin. The Hong Kong subsidiary of major bank Standard Chartered has partnered with Web3 software company Animoca Brands to develop a Hong Kong-dollar stablecoin. According to a Friday… Listen ⇢

The post Why Is China Blocking Stablecoin Promotion Despite High Market Demand? appeared first on Coinpedia Fintech News China has told brokers, think tanks, and financial institutions to stop promoting stablecoins – no research reports, no seminars, no hype. The orders, issued in late July and early August, are aimed… Listen ⇢

Cryptocurrency analyst and trader Jason Pizzino believes Bitcoin (BTC) could go up by around 55% from the current level. In a new strategy session, Pizzino tells his 355,000 YouTube subscribers that the ratio of USDT stablecoin relative to other crypto assets (USDT dominance) has to fall below a major support… Listen ⇢

Bitcoin (BTC) miners appear to be holding firm despite renewed concerns over sell-offs and liquidity crunches on Binance. The percentage price change since the last mining difficulty bottom has climbed to +7.4%, showing that the market has pulled out of stress territory and that forced sales from miners are not… Listen ⇢

Jack Dorsey’s Block saw its XYZ stock surge on Friday in pre-market trading following reports that the firm added more Bitcoin (BTC) to its stockpile in the second quarter (Q2). Block is one of the firms accelerating the Saylorization flywheel as corporate Bitcoin adoption grows. Block Increased Its Holdings By… Listen ⇢

ETFs (exchange-traded funds) may have opened the door for crypto to Wall Street, but the 401(k) channel could blow it wide open. Following the policy shift to open 401(k)s to crypto, financial experts believe resultant flows could dwarf those into ETFs, potentially unlocking hundreds of billions in sustained, autopilot demand.… Listen ⇢