In a recent interview at the World Economic Forum in Davos, Jeremy Allaire, the CEO of Circle, expressed optimism about the future of stablecoin regulation. Allaire anticipates that 2024 could be a significant year for the progress of U.S. regulations for stablecoins. Allaire highlighted the increasing global regulatory developments, with governments around the world actively […]
In a significant development that could potentially impact the Bitcoin price, Arkham Intelligence data reveals that Grayscale, the manager and owner of the Grayscale Bitcoin Trust (GBTC), has been sending a significant amount of Bitcoin to Coinbase since the launch of Bitcoin spot exchange-traded funds (ETFs) on January 12. Grayscale Bitcoin Trust Initiates Substantial BTC […]
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In surprising move, 443.1 million XRP, worth $254.8 million, recently changed hands, adding to intrigue surrounding popular cryptocurrency
In the last month, Maker (MKR), the governance token linked to MakerDAO and the Maker Protocol, has seen an impressive 70% surge in its price. A recent analysis by LookOnChain, a prominent on-chain expert, suggests that during this period, significant crypto whales have been actively accumulating MKR. The report highlights the accumulation by 10 wallets, […]
The trend towards enterprise adoption of distributed ledger technology continues apace as Mercedes-Benz and Ubisoft deepen their interest in Web3. Mercedes-Benz has announced an update to its in-car Mercedes-Benz Operating System (MB.OS), which includes the ability for NFT owners to display their collections on their car’s dashboard. Meanwhile, gaming giant Ubisoft formed a new blockchain […]
A closely followed crypto strategist warns that Bitcoin (BTC) is giving off the same technical reading that flashed before the crypto king’s deep corrective moves in 2016 and 2019. Analyst Jason Pizzino tells his 94,700 followers on the social media platform X that BTC respected the Gann 50% retracement level as resistance after last week’s […]
The WEF in the Swiss town of Davos kicked off on Jan. 15 with more than 60 heads of state and government in attendance. In previous years, crypto companies were leading the advertising race in the main promenade in Davos; however, the billboards have been taken over by AI firms in 2024, reported CNBC. This […]
The fourth Bitcoin halving is almost upon us, and this one has the potential for some very interesting surprises. This halving marks the reduction of the Bitcoin supply subsidy from 6.25 BTC every block to 3.125 BTC per block. These supply reductions occur every 210,000 blocks, or roughly every four years, as part of Bitcoin’s […]
The European Banking Authority (EBA) has extended its guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). This initiative is significant in the EU’s ongoing battle against illicit financial activities. As crypto-assets become increasingly susceptible to misuse for criminal purposes, the EBA’s guidelines aim to equip CASPs with […]
K33 Research, a prominent entity in the cryptocurrency research sector, has released a scathing report on Cardano (ADA), sparking widespread discussion in the crypto community. The report bluntly advises investors to divest from Cardano, citing a lack of meaningful use for its native token, ADA. Sell All ADA Now? In a detailed examination, K33 Research […]
Solana Mobile, the company behind the successful Saga, the first smartphone with an integrated crypto wallet, is gearing up for its second move in the market. According to Coindesk, they are working on a more accessible and budget-friendly version of the original Saga, dubbed “Solana Mobile 2.0.” This strategic move aims to address both the […]
Billionaire investor Bill Ackman believes that the Federal Reserve is set to cut interest rates as data shows that inflation is on its way down. In a new CNBC interview, the founder and chief executive of the hedge fund Pershing Square Capital Management says that a minimum, he sees the Federal Reserve announcing three rate […]
Opening statements are set to begin Tuesday for a woman accused of funding terrorist groups through cryptocurrency.
Even most reliable form of cryptocurrency protection can be compromised
2023 saw the end of the dreaded crypto winter, leading to the remarkable resurgence of Bitcoin (BTC). And with it, other altcoins. Injective (INJ) was one of the altcoins that became one of 2023’s biggest gainers, recording a 65x (!) increase after celebrating major milestones during the year. In 2024, one crypto in its presale […]
The Crypto Fear and Greed Index fluctuates between ‘neutral’ and ‘greed,’ reflecting the changing investor sentiments in the crypto market. Santiment’s analysis suggests that the slowdown in the movement of older coins may indicate a pause in the market’s bullish trend. Trader Michaël van de Poppe suggests that while initial responses to the newly approved […]
In a move to catalyze the growth within the Bitcoin ecosystem, Ego Death Capital announces the launch of a new funding round, Fund II, aiming to raise $100 million. Founded in 2021, the venture capital firm, led by Jeff Booth, Andi Pitt, Nico Lechuga, with advisory support from Preston Pysh, Lyn Alden, and Pablo Fernandez, […]
The first batch of ETF approvals came in last week. In the aftermath, Synapse Network co-founder Paweł Łaskarzewski has shed light on BlackRock’s moves that have captured the crypto community. Within a mere 2 days, the prominent investment giant withdrew a massive 11,500 BTC from the supply. In the latest post on X (formerly Twitter), Łaskarzewski […]
The European Securities and Markets Authority (ESMA) is gearing up for the implementation of the Markets in Crypto-Assets (MiCA) regulation. This regulation marks an important step in ushering in a new era of oversight for digital assets. As the ESMA gears up for the implementation of the MiCA regulation, the regulator has established a comprehensive […]
Crypto analyst Benjamin Cowen is updating his outlook on Bitcoin (BTC) as investors begin to anticipate the possibility that the Federal Reserve will reverse its tight monetary policies in the coming months. In a new strategy session, Cowen tells his 789,000 YouTube subscribers that when the Fed starts cutting rates, which CME’s FedWatch Tool indicates […]
Fundstrat’s managing partner Tom Lee believes Bitcoin could benefit immensely from a new market following the introduction of spot BTC exchange-traded funds (ETFs) in the world’s largest economy. In a new CNBC interview, Lee says spot Bitcoin ETFs will make a “huge difference” in the market cap of the leading digital asset as it enables US […]
Tether, the issuer of the ubiquitous USDT stablecoin, cemented its dominance in 2023, ballooning its market share to a staggering 71%. This explosive growth, however, comes with a chilling undercurrent: a United Nations report linking USDT to a surge in cybercrime and money laundering in Southeast Asia. Glassnode data paints a stark picture of Tether’s […]
Find out what happened in the world of crypto over the weekend with U.Today’s news digest
In a recent incident, leading cryptocurrency exchanges successfully blocked a $15 billion XRP transaction exploit. Learn how Bitfinex and Binance …
In a recent announcement that has sent ripples through the cryptocurrency community, Jupiter, a decentralized trading aggregator based on the Solana blockchain, has set the date for its much-anticipated JUP token airdrop. WEN: 31st of Jupuary 10am EST On the 1st of Jupuary, we outlined the main areas of work as we aim to get […]
In the fast and dizzying world of cryptocurrencies, survival between projects is not distributed equally to everyone. According to a recent analysis, more than 50% of the more than 24,000 cryptocurrencies listed on CoinGecko since 2014 have perished, with a total of 14,039 projects no longer with us. A notable fact is that the majority […]
[PRESS RELEASE – Limassol, Cyprus, January 16th, 2024] The latest 1xBit tournament offers a grand prize pool of 600 mBTC and 300 Free Spins to 20 winners. 1xBit, a leader in online crypto-based gambling, has launched the “DRAGON’S TREASURE” tournament to celebrate the new year. Participants are invited to play their favorite slots from top […]
Ran Neuner believes that, following Spot ETF approvals, Bitcoin has become an institutional asset with reduced volatility outside institutional trading hours. He anticipates a potential Bitcoin price dump due to slower institutional transfer from Grayscale products to ETFs and their preference for lower entry prices. This could lead to increased market volatility and potential price […]
Crypto intelligence platform DappRadar says user activity on one Ethereum (ETH) challenger exploded in 2023 as decentralized applications (DApps) saw remarkable growth during the period. According to DappRadar’s yearly industry report, smart contract platform Near (NEAR) recorded 302,000 new unique active wallets (UAWs) last year, marking a year-over-year (YoY) increase of 1,902%, the most out […]
Barclays analysts are reportedly expecting the Federal Reserve to commit to reversing its hawkish monetary policy early this year. The analysts predict that Personal Consumption Expenditures (PCE) will print an average of 1.9% on a seasonally adjusted annual rate for the last six months of 2023, Investing.com reports. The PCE is an inflation indicator that […]
Chainlink (LINK) is demonstrating potential signs of a revival, overcoming recent challenges in the market. Over the weekend, LINK experienced a noteworthy breakthrough, reaching $15.82 for the first time in two weeks. A particularly significant aspect of this resurgence is the fact that exchanges now hold less than 15% of the total supply of $LINK, […]