Topic: us dollar

The post Big Breaking: Canada Approves First XRP Spot ETF, Set to Debut June 18 appeared first on Coinpedia Fintech News A big moment for the crypto world has arrived! Purpose Investments Inc. has officially secured the final go-ahead for its Purpose XRP ETF, clearing the way for the fund to launch this week on the Toronto Stock Exchange (TSX). The ETF will start trading on Wednesday, June 18, 2025, under the ticker symbol XRPP. This …

The post Pi Network Secures First Stablecoin Trading Pair on MEXC Exchange, But Price Dips 3% appeared first on Coinpedia Fintech News In an exciting development for the Pi Network, cryptocurrency exchange MEXC has officially announced the listing of new trading pairs with the recently launched USD1 stablecoin. Starting today, May 27, users can trade pairs such as PI/USD1 and SOL/USD1 on the exchange. What is USD1? As explained by Dr Altcoin, USD1 is a fiat-backed stablecoin …

The post Here’s When Altcoins Will Rally appeared first on Coinpedia Fintech News Crypto markets started the week with a bullish tone on Monday, with Bitcoin trading above $94,000. Bitcoin is increasingly gaining recognition as a safe asset, similar to gold or the US dollar. NYDIG Research pointed out that Bitcoin is shifting from a speculative investment to a reliable store of value, especially after the introduction of …

The post XRP, ADA and Altcoins Rally As New SEC Chair Paul Atkins Promises ‘Principled Approach’ appeared first on Coinpedia Fintech News The crypto community has long awaited a pro-crypto era in the U.S., hoping for clearer regulations and support for innovation. Half of that vision began to take shape when Trump took office, promising to make the U.S. the crypto capital of the world. Now, the other half is falling into place as Paul Atkins is …

The post Firing Powell Could Set Dangerous Precedent and Hurt Crypto, Warns Pompliano appeared first on Coinpedia Fintech News Crypto investor Anthony Pompliano recently criticized President Trump’s recent threat to fire Fed Chair Jerome Powell, and warned that such a move would undermine the institutional independence of the Fed and set a bad precedent, particularly for Bitcoin, stocks and hurt the global confidence in US economy.  “I do not believe that the President of …

The post Russia Adopts Bitcoin and Ethereum for Oil Trade with BRICS Nations to Evade Sanctions appeared first on Coinpedia Fintech News Since President took the oath of office earlier this year, the administration has put in place efforts to reset the bilateral relations with Russia. Furthermore, the Kremlin has pressured the war in Ukraine to force the Western countries to lift their sanctions. However, Russia has heavily leaned towards the members of the BRICS nation – …

The post PPI Data Sparks Crypto Rally, But Economists Fear Tariff Fallout appeared first on Coinpedia Fintech News The United States Bureau of Labor Statistics released the Producer Price Index (PPI), which is a crucial measure of inflation. According to Tuesday’s report, the wholesale prices increased less than expected in December, a positive sign for the economy as fears that the inflation is not falling fast enough to guarantee a rate cut towards …