Research by Galaxy indicates that crypto adoption is outpacing the early internet, especially from the 2020s onward. There are over 580 million global crypto users today, with projections suggesting an increase to 8% of the world population by 2025. Institutional interest, including the purchase of Bitcoin ETFs by major funds, is significantly driving crypto adoption. […]
Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence. This development is part of broader efforts by CIS countries to reduce reliance on foreign economic systems, particularly imports, and to build resilient financial […]
How long can correction of Solana (SOL) last?
According to Goldman Sachs, Bitcoin (BTC) price appreciation in 2024 failed to compensate for its price volatility risks. Meanwhile, gold’s higher risk-adjusted returns reaffirmed its “safe haven” narrative. Despite The Gains, Bitcoin Fails To Outshine Gold The leading digital asset by reported market cap surged from roughly $42,000 at the beginning of the year to […]
ARK’s $36 million Robinhood sale came with the stock price surging more than 100% year-to-date and posting multiyear highs.
A widely followed crypto analyst believes Bitcoin (BTC) is poised for one more liquidation event before sparking a fresh bull run. Trader Justin Bennett tells his 112,400 followers on the social media platform X that Bitcoin’s heatmap suggests that BTC bulls have piled up long positions at $57,000. The crypto strategist thinks that the market […]
Fundstrat’s Tom Lee says that stocks may be heading to new all-time highs (ATHs) over the coming months. In a new interview on CNBC, Lee says that three main factors may extend the S&P 500 bull market into next year. “Bull markets are supported by strong fundamentals. And this is a case where not only […]
Ripple’s price has been consolidating in a very tight range in the last few days, and it has yet to give any indication of its future direction. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the USDT paired chart, the price has recently experienced a massive drop from the $0.65 level, breaking below the […]
Toronto, Canada, Oct. 09, 2024 (GLOBE NEWSWIRE) — CoinNerds.com, a forward-thinking cryptocurrency brokerage platform, proudly announces the beta …
The smell of fall in the air, this weekend I indulged in apple delicacies, watched the changing leaves, and oh yeah, traveled to make sure my Bitcoin custody is up to date… If you follow me on X, you know that I hold Bitcoin with Casa, a multisig security provider, and that I use the service […]
See Why Everyone’s Switching to These Top 4 Crypto Wallets in October! Plus Wallet, Crypto.com DeFi, Exodus, and Ledger As the wave of cryptocurrency adoption surges, the competition among wallets heats up, each vying to deliver the ultimate mix of security, convenience, and unique perks. This October, the landscape is rich with options as each […]
European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards. The service, currently only in Germany, promises annual returns […]
Find out what crypto news the weekend brought in U.Today’s news digest!
The US bankruptcy judge Jon Dorsey has approved the reorganization plan for FTX, paving the way for the defunct cryptocurrency exchange to repay billions of dollars to its creditors. The decision marks a significant update in the company’s efforts to wind down operations and compensate affected customers. FTX Bankruptcy Plan Approved, Creditors Set to Receive […]
Digital banking app Revolut says the company blocked more than $621 million of suspected fraudulent crypto and fiat transfers in 2023. In a new Revolut blog post, the company is highlighting the security measures it takes for its more than 45 million customers banking with them more than $23.7 billion of their wealth. “In 2023, […]
TL;DR In the last week, Cronos, AAVE, and Toncoin have registered a notable increase in transactions by large investors or whales, suggesting a potential rise. Cronos (CRO) experienced a 255% increase in whale activity, driven by the launch of the zkEVM public mainnet and new strategic partnerships. Toncoin (TON) surpassed one billion USDT locked, and […]
Solv Protocol, in collaboration with BNB Chain, Ceffu, and Chainlink, has launched the Staking Abstraction Layer (SAL) to simplify Bitcoin staking across various blockchain ecosystems. Since 2020, over 20,000 BTC have been staked with Solv, propelling its TVL north of US$1.2B. Chainlink’s CCIP will secure cross-chain operations, Ceffu will take care of custody, and BNB […]
The US Supreme Court declined to review a case involving 69,370 Bitcoin (worth around US$4.38B), seized by the government from the Silk Road marketplace. The US government may now proceed with selling the seized Bitcoin, potentially impacting the market with abrupt sell-offs. Historically, large government Bitcoin sales have caused instability in the crypto market, with […]
SUI has been one of the few assets that appears to be having a lone bull run despite the struggle of certain cryptocurrencies in the market to reclaim their major highs. Over the past month alone, SUI has increased by more than 100%, with its 7-day performance still seeing green up by 11.8% after nearly […]
Only 12.7% of Polymarket users have made profits in the prediction market, with most earning less than $100, according to onchain data.
In 2024, ASIC miners will drive huge technological advancements in cryptocurrency mining with increased efficiency. The Bitmain Antminer S21 Pro, …
The world’s biggest Bitcoin event, the Bitcoin 2024 Conference, is kicking off today in Amsterdam. Following the massive conference in Miami earlier this year, Bitcoin leaders are converging in Europe for two days of discussions about the future of Bitcoin. Bitcoin 2024 Amsterdam is expected to draw over 5,000 attendees who will hear from more […]
The National Bank of Bahrain (NBB) has launched the GCC region’s first Bitcoin-linked structured investment fund for institutional and accredited investors. This product was developed in partnership with ARP Digital and is designed to provide a secure avenue for investors to capitalize on Bitcoin’s gains. The Bitcoin Investment Fund According to local media reports, the […]
One of the leading crypto exchanges in the world is striking back against the U.S. Securities and Exchange Commission (SEC) in court. After receiving a Wells notice from the SEC – an indication that the regulator is investigating a person or entity – Singapore-based crypto exchange Crypto.com announced today that they filed a suit against […]
Cryptocurrency transactions in the United Arab Emirates (UAE) will be exempt from value-added tax (VAT) starting next month, according to accounting giant PricewaterhouseCoopers (PwC). The accounting giant says the UAE’s Federal Tax Authority (FTA) published amendments earlier this month exempting crypto transfers from VAT charges. “Additional services are exempt from VAT: The management of investment […]
The crypto market’s recent crash has seen leading cryptos like Shiba Inu (SHIB) bleed, threatening its potential to hit $1 soon. Meanwhile, RCO Finance (RFOF), an upcoming Ethereum token, has gained investor interest after jumping significantly during its presale and promising more returns. When is Shiba Inu likely to hit $1, and what is behind […]
On Tuesday, Oct. 8, 2024, HBO premiered its highly anticipated documentary “Money Electric,” offering a deep dive into the origins of Bitcoin. Directed by Cullen Hoback, renowned for his work on the Qanon series “Q: Into the Storm,” the film brought together a range of voices from the cryptocurrency space, including developers, early adopters, and […]
Fidelity’s Bitcoin ETF has secured more than $100 million worth of flows
The number of crypto-related litigations brought by the SEC increased four times in the third quarter compared to the prior quarter, according to a recent study. This comes as the sector faces intensified scrutiny amid heightened enforcement actions by the regulator. Surging Enforcement Actions The research by Finbold indicates that from July to September 2024, […]
BTC price action is no longer getting US Bitcoin traders excited as the Coinbase Premium Index hits its lowest levels in over two months.
The Bitcoin price started out the month of October on a rather bearish note with a notable 10% drop in price from $66,000 back down to $60,000. This put a damper on the “Uptober” sentiment as selling pressure mounted. However, the weekend turned out to be bullish for the Bitcoin price and the pioneer cryptocurrency […]
TL;DR Jupiter Exchange has launched its Mobile App, designed to facilitate access to Solana (SOL) for both new and experienced cryptocurrency users. The app allows users to easily purchase Solana using various payment methods, such as Apple Pay, credit cards, and PayPal, eliminating barriers for users. It includes an automatic mode that optimizes trading by […]