GC Exchange FZE (GCEX), a part of the broader GCEX Group, has bolstered its presence in the Middle East by securing an operational virtual asset service provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). Announced today (Monday), the license will allow the company to provide virtual asset broker-dealer services in Dubai. Strengthening Position […]

In a historical moment for both the nation and the crypto community, Argentina has ushered in a new era by welcoming its first-ever pro-Bitcoin President.  Argentina Elects Pro Bitcoin President On November 19, Argentina released the results of its presidential election. Reports of the election results reveal that right-wing libertarian and Bitcoin advocate, Javier Milei […]

Financial services giant Fidelity is joining the roster of companies seeking to offer US investors a spot market Ethereum (ETH) exchange-traded fund (ETF). A new filing with the U.S. Securities and Exchange Commission (SEC) shows that the $4.5 trillion asset manager is seeking to list and trade shares of the Fidelity Ethereum Fund. “According to […]

Crypto Rus, a well-known figure in the cryptocurrency community, has brought attention to the vast amount of assets and capital in the financial …

The tech world was taken by storm throughout the past few days with the news of the board of directors of OpenAI ousting Sam Altman – the co-founder and CEO of the company, from his position. The news came on Friday, and Mira Murati – the firm’s chief technology officer – was supposed to assume […]

The board of directors removed Altman on the grounds that he was allegedly “not consistently candid in his communications with the board.”

Shiba Inu burn rate is on rise, but it is not really changing things around for SHIB

A cybersecurity expert is endorsing Senator Elizabeth Warren’s anti-crypto legislation proposal, saying that it would cut down on scams. According to a new press release, Warren, a Democrat representing Massachusetts, asked cybersecurity expert Steve Weisman during a special Senate hearing on Aging if her proposed legislation would help cut down on crypto scams. Weisman responded […]

Three US banking giants have just had their ratings downgraded to “negative” by Moody’s. Moody’s Investor Service downgraded JPMorgan Chase, Wells Fargo and Bank of America to negative ratings after previously classifying them as stable, MarketWatch reports. Analyst Peter E. Nerby of Moody’s said that the worsening outlook on bank debt was due to “the […]

XRP  has experienced a small decline in value over the past few days, coinciding with a period of consolidation in the broader cryptocurrency market after four weeks of consecutive price increases. Although data from CoinMarketCap at the time of writing puts XRP being up by 1.78% in the past 24 hours, a larger seven-day timeframe […]

… Cryptocurrency Revolution. Cryptocurrency, such as Bitcoin and Ethereum, introduced a new era in gaming. These decentralized digital assets hold …

The decentralized exchange increased margin requirements on several markets on Nov. 18, after an alleged targeted attack on the YFI token triggered massive liquidations.

Ripple (XRP) presents a unique case, offering investors a blend of optimism and caution. As a new bull market emerges, understanding Ripple’s position is crucial for anyone interested in the crypto market. Here are three compelling reasons to be bullish about Ripple, along with a note of caution to keep in mind. The Legal Tussle’s […]

Ripple Labs and the SEC are in discovery for the remedies phase of the Ripple case until February. Meanwhile, Gary Gensler recently gave a speech in which he quoted the first SEC chair, Joseph P. Kennedy. That’s what started the X skirmish between the Commission and members of the crypto industry. Gary Gensler’s SEC Remarks […]

Crypto whales sold off millions of dollars worth of yearn.finance on Saturday prior to YFI sharply correcting by over 40%, according to on-chain data. Spotted by blockchain-tracking firm Lookonchain, one wallet deposited the better part of $5.8 million worth of YFI to crypto exchanges, likely to be sold off on the open market. “Why did […]

A closely followed crypto strategist says that XRP looks primed for a rally as it flashes a couple of bullish signals. Analyst Ali Martinez says on the social media platform X that the Tom DeMark (TD) Sequential indicator is giving off a bullish reading for XRP. The TD Sequential indicator aims to identify turning points […]

U.Today’s news digest helps you take a closer look at the latest events in the crypto industry

Late Sunday night, it was confirmed that Bitcoin friendly candidate Javier Milei officially won Argentina’s presidential election, beating his opponent Sergio Massa by 2,786,457 votes. The new president will now take office on December 10. Bloomberg While Milei has not yet advocated for Bitcoin to be used as legal tender or to hold BTC as a reserve asset, he does […]

A wallet linked to Hong Kong-based crypto exchange Hashkey has reportedly sold over $90 million worth of Ethereum in the past 10 days. This massive selling activity appears to have triggered a slight decline in the ETH market, sparking speculations on the token’s price trajectory. Crypto Whale Conducts Massive Ethereum Sell-Off According to a Sunday […]

Bitcoin price range trades as SOL, LINK, NEAR and THETA play catch up.

India has trained over 3000 personnel from various cybercrime and police departments to bolster their capabilities in tackling cryptocurrency-related

Unstoppable Domains is currently facing criticism for allegedly appropriating the open-source advancements of the Ethereum Name Service (ENS) through the filing of a patent named “Resolving Blockchain Domain Names” in January this year. In an open letter, Nick Johnson, the lead developer of ENS, expressed significant concerns about Unstoppable Domains’ patent applications related to blockchain […]

The SHIB token burn rate saw a remarkable surge of around 60% in the past 24 hours, marked by the incineration of approximately 80 million tokens. This notable increase in burning activity follows speculations of a potential shift of the memecoin’s focus toward artificial intelligence. Data from Shibburn shows that 81.2 million SHIB tokens were […]

Options expiry is one of strongest sources of volatility for crypto market, and huge expiry is just around corner

OpenAI’s new interim CEO is considered a “product person” who supports regulatory oversight of artificial intelligence.

Kronos Research, a Taipei-based market maker, trading firm, and venture capital fund, witnessed the withdrawal of significant amounts of crypto assets due to a breach of its security system.  Kronos Breach: Investigation Underway On Sunday, November 19, Kronos Research disclosed – via a post on X (formerly Twitter) – a security incident that involved unauthorized […]

… cryptocurrency sector. This move marks a significant step by BlackRock in capitalizing on the growing interest in Ethereum, the blockchain …

According to sources familiar with the matter, key investors at OpenAI disagreed with the board’s decision to terminate CEO Sam Altman and are advocating for his reinstatement.

The U.S. Securities and Exchange Commission (SEC) in its latest report revealed that the number of enforcement actions filed in the fiscal year 2023 (FY2023) increased by three percent from the previous record in the financial year of 2022. Some of the enforcement actions involved heavyweights in the crypto industry, with various accusations against cryptocurrency […]

Ethereum, second-largest cryptocurrency, has seen significant outflows from exchanges in recent weeks

A widely followed crypto trader believes that top memecoin Shiba Inu (SHIB) is poised to print massive gains in the coming days. Analyst Kaleo tells his 605,700 followers on the social media platform X that Shiba Inu looks primed for a run-up after breaking above a horizontal resistance and retesting it as support. “I think […]

Yearn Finance’s YFI token fell by more than 40% within the last 24 hours, resulting in a significant liquidation of approximately $5 million. The sudden price decline led to speculation of whether suspicious things were happening to the protocol. Data from BeInCrypto shows that Yearn Finance’s price fell sharply from $14,519 to $8,915 within a […]