Following a slight crackdown from a range two weeks back, Ripple XRP saw a fast recovery and jumped consistently until the price broke above the range. It is looking highly bullish following a massive surge in volatility. Following past months of broader price correction, XRP appeared to have found solid ground above the $0.38 level […]
Cryptocurrency Report 2024 Q2: Crypto Mcap Dips, Ethereum Turns Inflationary, Meme Coins Lead the Way and More After a stellar Q1 (January-March) …
Standard Chartered-backed Zodia Markets has agreed to acquire Elwood Capital Management Ltd (ECML), the digital asset over-the-counter (OTC) trading business of Elwood Technologies, in a deal announced today (Wednesday). The acquisition, set to be completed by August, will expand Zodia Markets’ regulated presence and enhance its services to institutional clients worldwide. Zodia Markets Acquires Elwood’s […]
Fractal ID gave notice that an attacker had gained access to an operator’s account, leading to the leak of a small percentage of users’ personal data.
A rumor claiming a potential settlement between Ripple and the US Securities and Exchange Commission (SEC) scheduled for a closed meeting on July 18 has been debunked by former SEC regional director and pro-XRP lawyer, Marc Fagel. According to Fagel, the likelihood of a settlement being discussed in this particular meeting is highly improbable, despite […]
Worldcoin’s WLD token price jumped after announcing an extension of token lock-ups from 3 to 5 years. Over 6 million people have joined Worldcoin’s network by scanning their irises, securing a unique ID. The new unlock schedule suggests a slower release of WLD tokens, reaching 400 million by next September. Sam Altman’s Worldcoin has just […]
TL;DR Bloomberg Businessweek publicly apologizes to Binance and its CEO, Changpeng Zhao. The outlet retracts a 2022 article that called Zhao a “Ponzi schemer.” Bloomberg will donate a sum to Songzi’s Special Education Fund as compensation. Bloomberg Businessweek has acknowledged its mistake and publicly apologized to Binance and its co-founder, Changpeng Zhao, following the publication […]
TL;DR ETF Approval: The imminent launch of spot Ethereum (ETH) exchange-traded funds (ETFs) in the U.S. is a historic moment. Similar to Bitcoin’s ETF success, Ethereum ETFs are expected to attract significant investments. Structural Factors: Ethereum’s ETF impact differs from Bitcoin’s due to zero inflation, staking mechanisms, and increased institutional participation. These factors favor Ethereum’s […]
The meme coin space has a new project that’s turning heads. Shiba Shootout (SHIBASHOOT), a coin with a Wild West theme, is close to hitting the $700,000 mark in its presale phase. This coin is drawing attention not just for its impressive fundraising but also for its mix of Play-to-Earn gaming and high-yield staking. Explore […]
Trump has reaffirmed his pro-crypto stance in a wide-ranging interview with Bloomberg’s Business Week, warning if the US doesn’t take the lead in crypto, China or someone else will. Trump had previously been anti-crypto, having said Bitcoin “seems like a scam” and its value is based on “thin air”. Trump’s change of heart may be […]
Bitcoin entrepreneur Samson Mow has made major statement about when BTC bull run is likely to kick off
The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year growth, highlighting a significant rise in institutional engagement. Institutional Interest Drives Massive Growth in Crypto’s Over-the-Counter Industry The Finery Markets team analyzed data from two […]
FTX, a bankrupt cryptocurrency exchange, and the United States Commodities Futures Trading Commission (CFTC) have agreed to a $12.7 billion settlement. This agreement resolves a 19-month lawsuit. The settlement follows months of negotiations and now awaits court approval, as shown in a July 12 filing. Settlement Includes Restitution The CFTC sued FTX, its former CEO […]
The global asset manager may be on its way to the forefront of settlement technology.
The strategic partnership will see the addition of cryptocurrency to the FinMont payment ecosystem allowing merchants to utilise payments from all …
A closely followed crypto strategist believes that Bitcoin (BTC) is gearing up to witness its third parabolic run this cycle. In a new video update, analyst Kevin Svenson tells his 78,700 followers on YouTube that Bitcoin appears to be mirroring its 2017 price action when BTC witnessed three parabolic phases before ending its bull market. […]
A closely followed analyst thinks Solana (SOL) may be repeating a pattern witnessed three years ago before the smart contract platform surged to its all-time high. Pseudonymous analyst Inmortal tells his 214,700 followers on the social media platform X that Solana appears to be printing a series of bullish higher-low setups on the two-day chart after […]
Hop to the Moon with MOONHOP: Snag a 4900% ROI and Skip the Bonk Bounce and Cat-vs-Dog Circus In the cryptocurrency arena, two significant phenomena have grasped the community’s focus: Bonk’s unexpected upswing and the captivating duel between Dogwifhat and Popcat. Amidst these developments, MOONHOP is quickly gaining traction, poised for monumental growth. With a […]
The PEPE price has remained strong coming out of the crypto market crash, rebounding more than 40% in a single day. This bullishness has fed the narrative for the meme coin, which is touted to be the next big thing on Ethereum. However, the question remains whether the PEPE price will continue to rise from […]
Polygon Labs has announced that its next-generation zero-knowledge (ZK) proving system, Polygon Plonky3, is now production-ready. This open-source system, licensed under MIT/Apache, empowers developers to build bespoke proving systems for ZKVM or ZK EVM chains, tailored to various use cases. Unlike its predecessor, Plonky2, which was optimized for hardware and recursion, Plonky3 offers greater flexibility […]
Ripple has contributed $1 million to back XRP advocate John Deaton in his campaign against Senator Elizabeth Warren in the Massachusetts Senate race. The funds are being channeled to the Commonwealth Unity Fund, a new super PAC created by attorney James Murphy, who contributed $50,000 on April 15 to the cause. Ripple’s Support For XRP […]
The U.S. Securities and Exchange Commission (SEC) is primed to greenlight at least three Ethereum (ETH) exchange-traded funds (ETFs) for trading next week, according to multiple reports. A Reuters report, citing three “industry sources,” indicates the regulator has provided preliminary approval to ETH ETF applications from asset management giants BlackRock, VanEck and Franklin Templeton. The […]
U.Today’s news digest helps you take a closer look at the latest events in the crypto industry
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Bitcoin may be gearing up to move above $70,000 now it has reclaimed a critical level that traders have been closely watching for the past two months.
/cryptocurrency. News and resources on digital currencies, crypto assets … cryptocurrency payment services. The strategic partnership will …
The over-the-counter (OTC) institutional cryptocurrency market experienced a significant uptick in the first half of 2024, with total spot transaction volumes soaring 95% year-over-year. Institutional Crypto Trading Surges in First Half of 2024, Report Finds According to a new report from Finery Markets, which analyzed two million spot trades conducted by institutions, the appetite for […]
TL;DR Worldcoin faces allegations of price manipulation and insider trading after extending the lockup of its WLD tokens from three to five years. The change in the unlock schedule aims to prevent a drop in the token’s price, progressively releasing 80% of the retained tokens until July 2028. The price of WLD increased by 49.7% […]
TL;DR Grayscale Investments has launched a new fund exclusively focused on decentralized artificial intelligence for accredited investors. The fund includes decentralized AI protocols such as Near, Filecoin, Render, Livepeer, and Bittensor, and will be rebalanced quarterly. The fund’s goal is to capitalize on the growth of these protocols, which promote decentralization, accessibility, and transparency in […]
Plonky3 will bring modular flexibility and an improved proving system. It seeks to accelerate the development of zero-knowledge systems in the Polygon network. Developers will be able to build bespoke systems for zk-VMs and zk-EVMs Researchers at Polygon Labs, the firm behind the Polygon network, have announced the production readiness of Plonky3, the latest version […]
BlackRock is the largest Bitcoin ETF in terms of daily net inflows, having absorbed over US$117M Following an uptick in inflows, Bitcoin surpassed the US$65K level, a 13.8% increase in the last seven days. The ETF inflows have beat analysts’ expectations, with over US$300M registered yesterday. Bitcoin is rallying after spot Bitcoin exchange-traded funds (ETFs) […]
MOONHOP’s $921,000 Presale Triumph: Shiba Inu’s Price Increase, FLOKI’s 500% Surge, and Its Position as Top Meme Coin In the enchanted land of cryptocurrency, three tokens vie for glory: Shiba Inu (SHIB), FLOKI, and MOONHOP. Shiba Inu’s price rise hints at resilience, while FLOKI’s stunning 500% surge promises future gains. But it’s MOONHOP, with its […]