Dogecoin’s price has pulled back as the broader cryptocurrency market adjusts to disappointing U.S. GDP growth data and its potential implications for the Fed’s next move.
Today, the value of Pendle experienced a slight setback, with a 5% decrease bringing its current trading price to $5.4. Despite this dip, recent on-chain data from Lookonchain has unveiled an intriguing development involving a savvy trader’s strategic deposit into Binance. According to Lookonchain, this astute trader made a significant deposit of 1.2 million Pendle […]
Read about the latest events in the industry in U.Today’s news digest!
Institutional investors in Canada substantially increased their cryptocurrency exposure last year compared to the previous bull market cycle, according to a recent survey by accounting firm KPMG. The consulting group’s bi-annual survey, “Institutional Adoption of Cryptoassets,” received 65 responses, including 31 institutional investors managing over $500 million in assets and 34 financial services organizations. Institutional […]
A widely followed crypto analyst is issuing a warning that the altcoin market is about to implode against Bitcoin (BTC). In a new video update, crypto strategist Benjamin Cowen tells his 800,000 YouTube subscribers that the TOTAL3 chart, which tracks the market capitalization of all altcoins minus Ethereum (ETH) and stablecoins, looks bearish against Bitcoin. […]
Satoshi's TAKE-TWO is the future of cryptocurrency. Compliance is not just part of what ShaktiCoin does: it's our guiding principle. SXE redefines …
According to the latest on-chain revelation, the Bitcoin network has been experiencing a steady decline in high-value transactions over the last few weeks. This sluggish activity has been mirrored by the price of the premier cryptocurrency, which has struggled to break out of consolidation throughout the month of April. In the past week, the Bitcoin […]
The Cupertino company is also considering a partnership with Google.
According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices of application-specific integrated circuit (ASIC) bitcoin mining rigs, highlighting […]
Bitcoin’s market sees significant downturn as crypto analyst Ali Martinez highlights disappearance of major whale activity
The two largest banks in the US say they expect to lose a collective $4.5 billion from customers who are essentially unable to pay their bills. JPMorgan Chase says its net charge-offs, which are debts that the bank does not expect to receive, hit $2 billion in the first quarter of this year, reports Reuters. […]
The chief legal officer of crypto exchange Coinbase says that Ethereum (ETH) is a commodity as decentralized finance (DeFi) firm Consensys launches a lawsuit against the U.S. Securities and Exchange Commission (SEC). In a new post, crypto lawyer Paul Grewal affirms that the top smart contract platform is a commodity rather than a security and […]
Next Bull Run Crypto: BlockDAG’s Emergence as a Kaspa Alternative with a Moonshot Vision and $30 Price Target by 2030 Outpaces Dogecoin Dogecoin has captured significant attention and investment within a specified price bracket. Turning to Kaspa, it stands out as a viable alternative, with experts anticipating a possible surge in its value. Yet, the […]
Upbit, a cryptocurrency platform based in South Korea, is responsible for over 80% of the country’s trading activity and has become among the world’s leading five exchanges in terms of trading volume. According to a Bloomberg report, Upbit’s customers were responsible for nearly a fifth of the total deposits from its major banking partners last […]
Vitalik Buterin recently made a striking statement about the centralization issues of Proof-of-Work (PoW) systems.
Following a pullback, the price of Bitcoin has continued on its downward movement. The coin, after failing to break above the 100-day Simple Moving Average (SMA) and the trend line has experienced a drop of over 6% from its previous high. Will the price of BTC continue to move in a downward direction or will […]
YouTuber and Ultimate star MKBHD tested the device using a game controller, his legs, and the Force.
Police in the United Kingdom (UK) can now seize crypto assets from suspects without making any arrests. New legislation came into effect on Friday giving additional crypto-related powers to the UK’s National Crime Agency (NCA) and police, according to a new government announcement. The announcement notes that the expanded powers will enable authorities to seize […]
The chairman of the Swiss National Bank (SNB) reportedly isn’t convinced it’s in his institution’s best interest to hold Bitcoin (BTC) as a reserve currency. While speaking at the central bank’s annual general meeting on Friday, Thomas Jordan argued that there are downsides to holding the top crypto asset, according to a report from Reuters. […]
A former employee at a commercial bank in the US just pleaded guilty to draining $105,000 from a deceased customer’s account. The US Attorney’s Office for the District of New Jersey says Jorge Nova has pleaded guilty to a count of wire fraud and faces a 30 year prison sentence. Nova was working at an unnamed […]
Ethereum (ETH) rival Solana (SOL) is seeing a “dramatic increase” in professional investor allocations this year, according to a new survey conducted by the digital assets manager CoinShares. CoinShares polled 64 investors worldwide who cover a combined $600 billion worth of assets under management. The respondents include different investor types including wealth managers, hedge funds, […]
After the Samourai Wallet indictment, the cryptocurrency community discovered that the Bitcoin blockchain analysis platform OXT is no longer operational, as it was acquired by the Samourai team in December 2017. On April 25, Laurentmt, a co-founder of OXT and bitcoin advocate, revealed the closure on the social media site X with the statement, “RIP […]
Dogecoin vocal member raises caution flag for broader crypto community
Hong Kong’s Securities and Futures Commission recently approved Bitcoin Spot ETFs for several major asset managers, paving the way for the city to become a leading hub for such products. The approval comes after months of anticipation and marks a significant milestone for the Bitcoin industry in Asia. JUST IN: 🇭🇰 Hong Kong spot #Bitcoin ETFs […]
Bitcoin (BTC) has again taken the spotlight in the crypto market, rising above $66,000 as a confirmation of its price rebound following the market-wide crash in the past week. However, while Bitcoin has restored optimism in investors, we see negative price action on Toncoin (TON), a notable market gainer in the past several months. Follow […]
Bitcoin’s price recovery attempts from the business week have come to a halt as the asset slumped to $62,400 earlier before bouncing off to around $63,000 as of now. The altcoins are in no better shape, with most of the market turning red today. The total crypto market cap is down by $150 billion in […]
Bitgert Coin: The Trending Sensation Sweeping the Cryptocurrency Community · Q2 started really rough for investors in the market. · However, news of …
The cryptocurrency world is abuzz with speculation after a deep learning model projected a dramatic price increase for Bitcoin (BTC) within the next month. However, despite the AI’s bullish outlook, financial experts urge investors to approach the prediction with a healthy dose of skepticism. Bitcoin Price Stagnant, But AI Model Foresees Bright Future For the […]
Recent regulatory action against Consensys and Samourai has instilled fear among other crypto service providers operating in the United States.
In a decisive move, Zksnacks announced on Saturday that it will block all U.S. residents and citizens from accessing its bitcoin mixer, Wasabi Wallet. This policy change comes as U.S. authorities intensify their crackdown on unregulated crypto activities, spotlighting the recent indictment of Samourai Wallet founders. Wasabi Wallet Withdraws from U.S. Market to Avoid Regulatory […]
Company Name: Unchained Founders: Joe Kelly and Dhruv Bansal Date Founded: October 2016 Location of Headquarters: Austin, TX Amount of Bitcoin in Treasury: Not disclosed Number of Employees: 107 Website: https://unchained.com/ Public or Private? Private Joe Kelly and Dhruv Bansal started Unchained with one main objective: to provide financial services to people like themselves — […]