Somebody, somewhere, at some point decided they would destroy the competition by creating a barrier to entry. They made the barrier high so they could feel safe. It is logical to put a fence around your property, and perfectly fine to do so. The problem is when you put a regulatory fence over something that […]
Cryptocurrency, where fortunes can be made overnight, a notable Dogecoin (DOGE) millionaire has turned the spotlight onto a trio of promising ventures: Internet Computer (ICP), Retik Finance (RETIK), and Option2Trade (O2T). Each of these platforms brings something unique to the table, from groundbreaking computing solutions to innovative DeFi advancements and the integration of A.I. in […]
Mimblewimble-based privacy coin Beam (BEAM) experienced a 7% price slump earlier today due to large offloading by a single wallet address. A tweet by blockchain analytics platform Lookonchain revealed that the offloaded assets were stolen in a phishing attack that occurred on February 15. BEAM Holder Falls for Phishing Attack According to Lookonchain, the phishing […]
A newly published Social Science Research Network (SSRN) paper by Lucas Nuzzi, Kyle Waters, and Matias Andrade introduces a novel approach to calculating the Total Cost to Attack (TCA) Bitcoin and Ethereum. The comprehensive analysis sheds light on the economic barriers to 51% attacks, challenging previous assumptions about blockchain vulnerability. Unveiling the Cost of Compromise: […]
MicroStrategy’s Bitcoin holdings are now valued at around US$10 billion, with US$4 billion in profits. The company, co-founded by Michael Saylor, began accumulating BTC at the height of the COVID crisis after Saylor learnt about it during lockdown; it now holds 190,000 BTC. BTC has been the best-performing investment of all major asset classes in […]
Federal Reserve Gov. Waller praised digital currencies at an event in the Bahamas yesterday, contrasting the usual criticism from US regulators. Waller believes that DeFi integration with fiat currencies could strengthen the US dollar, rather than destabilise it. In a humorous aside, Senator Elizabeth Warren’s office seemingly flew a flag commemorating Satoshi Nakamoto on Bitcoin’s […]
Solana reboots bullish sentiment ahead of potential $140 rally
Bithumb Korea, the operator of South Korea’s second-largest cryptocurrency exchange Bithumb, faces a setback as it fails to secure a deal with major local lender KB Kookmin Bank for the issuance of real-name accounts, potentially hindering its efforts to attract more traders. Major Banks Yet to Forge Alliances with Exchanges Under the Act on Reporting […]
Bitcoin has been the buzz of the town lately as it continues to push past key price levels, leaving many to wonder how high it can go. Current technicals and fundamentals indicate that the latest rally has solid foundations, and there are good reasons to think there’s more upside ahead for the leading cryptocurrency. The […]
Cryptocurrency analyst and trader Kevin Svenson is offering his forecast for Bitcoin (BTC) over the coming weeks and months. In a new video, Svenson tells his 72,200 YouTube subscribers that he is maintaining a “bullish bias” on Bitcoin going forward. According to the crypto analyst, Bitcoin will inevitably skyrocket even if a correction occurs over […]
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Mexican billionaire Ricardo Salinas has outlined four key reasons why investors should buy bitcoin, including long-term growth potential, diversification, and protection against inflation and currency devaluation. Moreover, he advised: “You have to know how to invest and be patient, not get scared when it goes down and buy, and not get excited when it goes […]
Cryptocurrency trader and strategist Ali Martinez is expressing bullish sentiment for an altcoin currently ranked 33rd-largest by market cap. Martinez tells his 45,100 followers on the social media platform X that the native token of the enterprise blockchain VeChain (VET) could witness a quadruple-digit increase in its price before the end of the year if […]
A widely followed crypto analyst believes that one red-hot altcoin project built on the Bitcoin (BTC) blockchain has more upside potential. In a new strategy session, Nicholas Merten, the host of DataDash, tells his 510,000 YouTube subscribers that Stacks (STX), a project that aims to enable smart contracts and decentralized finance (DeFi) applications on Bitcoin, […]
As the crypto market revels in Bitcoin’s (BTC) latest ascent to the $52,000 price level, an analyst has found two on-chain paths that would lead the digital asset to $150,000 within the next six months. According to a CryptoQuant quick take by Onchain Edge, analysis of on-chain data showed two scenarios that would likely see […]
As halving nears, Novogratz fuels optimism for Bitcoin price
Cboe Australia has listed new exchange-traded funds (ETFs) from iShares by BlackRock. This step places BlackRock among the major asset management firms listing its iShares ETFs on every Cboe exchange globally. Dave Howson, the Executive Vice President and Global President at Cboe Global Markets, mentioned: “This latest listing of iShares ETFs on Cboe Australia is […]
XRP may not have had the best start to 2024, but several cryptocurrency analysts and enthusiasts are still bullish about the crypto asset, predicting a possible price surge to new highs heights. Popular cryptocurrency analyst Egrag Crypto has made a daring prediction for XRP, suggesting a rise to a new peak. Egrag Crypto’s forecast delves […]
In an electrifying turn of events, spot Bitcoin ETFs have shattered records with a whopping $631 million flowing into funds on Feb 13, coinciding with a decline in outflows from Grayscale’s converted GBTC. This surge in inflows, excluding GBTC, has propelled nine spot Bitcoin ETF issuers to rake in $704 million, showcasing a relentless demand […]
Citi’s report highlights the transformative potential of DLT and the Avalanche blockchain in tokenising private market assets. Through a proof-of-concept they demonstrated how digitising and tokenising assets can address market inefficiencies and introduce new investment opportunities. The exploration underscores a promising future where traditional financial systems and crypto technologies merge. Citigroup has just released a […]
In the dynamic realm of cryptocurrency trading, choosing a platform that aligns with your trading preferences while emphasizing integrity, …
MicroStrategy’s investment in bitcoin has reached a significant milestone, with the company’s holdings now valued at over $10 billion as BTC rises above $52,000. This achievement underscores MicroStrategy’s steadfast commitment to bitcoin as a long-term store of value and a hedge against inflation. JUST IN: MicroStrategy's #Bitcoin holdings are now worth over $10 BILLION 🤯 […]
Closely followed crypto analysts say that Bitcoin (BTC) is on the verge of breaking a key resistance level that could spark a big move to the upside. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say that if Bitcoin convincingly crosses $52,000, traders may start […]
A supply and demand-focused altcoin is skyrocketing amid the release of an update that greatly expands its reach. In a new announcement, VeChain (VET) says that its Account Abstraction upgrade is now live, opening up a “whole new world” for the smart contract platform. “Account Abstraction is now live, opening up a whole new world […]
The African stablecoin on/off ramp, Yellow Card, is set to introduce the stablecoin USDC on the Stellar network. This partnership has the potential to transform global payments and accelerate the adoption of digital assets. Lightning Fast Transfer Speed Yellow Card, a major licensed stablecoin on/off ramp in the African continent, recently announced plans to introduce […]
TL;DR VC exits in the crypto sector dropped to a 3-year low despite a slight increase in deal value in Q4 2023, indicating a scarcity of liquidity events for startups. Startups choose to stay private longer and face reduced activity in mergers, acquisitions, and IPOs, resulting in a subdued market atmosphere. Investors remain optimistic and focus on […]
What happened in the crypto industry over the past day? Read U.Today’s news digest to find out!
An analyst has explained that an indicator that has been holding for Bitcoin since December is now giving a sell signal for the cryptocurrency. TD Sequential Is Providing A Sell Signal On Daily Bitcoin Chart Currently In a new post on X, analyst Ali discussed a TD Sequential sell signal forming in the Bitcoin daily […]
As February approaches its final stretch, the open interest in Ethereum options on the Chicago Mercantile Exchange (CME) has surpassed the levels seen in January, setting the stage for a potential new record high of $468 million. This surge in open interest underscores the increasing enthusiasm for Ethereum derivatives trading, reflecting a growing trend among […]
JPMorgan has boosted its outlook on Coinbase stock (COIN) from “underweight” to “neutral” after following a better-than-expected crypto market rally to kick off the year. In a research report shared with CryptoPotato, the bank’s analysts argued that Bitcoin has experienced “meaningful price appreciation” after the launch of Bitcoin spot ETFs last month. JPMorgan’s Revised Coinbase […]
The launch of spot bitcoin ETFs in January has had a significant impact on the cryptocurrency market, particularly Bitcoin mining stocks.
Blockchain analytics firm Elliptic says the crypto gaming platform PlayDapp (PLA) lost $290 million worth of crypto assets as a result of security breaches this month. Elliptic says the first breach, suspected to involve a private key leak, happened on February 9th. An unauthorized wallet minted 200 million PLA tokens worth $36.5 million at the […]