U.Today has collected weekend’s top crypto news for you in its latest news digest, check it out!
Many crypto analysts are predicting the onset of another meme coin season, forecasting the top meme coin Dogecoin to display an explosive rally in the coming days. The Dogecoin price surged to as high as $0.077 today, before retracing marginally to trade near the $0.73 mark. Owing to an 85% jump in its daily trading […]
Fidelity Investments’ global macro director Jurrien Timmer is updating his outlook on Bitcoin (BTC) following the latest price surge. Timmer tells his 173,000 followers on the social media platform X that Bitcoin could soar beyond $96,210 by 2025 due to two main factors. He lays out a scenario for Bitcoin’s price performance in the coming […]
Hut 8 Mining Corp. mined 112 Bitcoins in October amid recent developments, including the merger with US Bitcoin Corp. The mining firm’s output in the period was equal to a daily production rate of around 3.6 Bitcoins. During October, Hut 8 sold 365 Bitcoins for CAD$14.6 million. This translates to an average selling price of […]
This week, the team of Pods, a provider of structured products for crypto assets, unveiled its latest offering – the ETHphoria Vault. This innovative yield strategy is designed explicitly for ETH enthusiasts who are bullish about its future prospects and want to earn even more from increasing prices. ETHphoria is a low-risk, principal-protected strategy designed […]
TL;DR ADA, Cardano’s native token, has seen the most development activity in the past month and has become one of the trendiest cryptocurrencies, though Bitcoin has not made it onto this top list. ADA has surged to $0.37, the highest since June 2023, with analysts predicting a potential continuation of its rally, with some price […]
The original SimpDAO queen Irene Zhao says making good memes is harder than trading as you need to understand the market and the audience.
Holmes also delved into the more technical aspects of cryptocurrency, discussing the profitability of mining, particular coins in a bullish bitcoin …
Bitcoin price consolidating above $34,500 and $34,000. BTC could start a fresh rally if it manages to clear the $35,350 resistance zone. Bitcoin is still struggling to gain pace for a move above $35,250 and $35,350. The price is trading near $34,850 and the 100 hourly Simple moving average. There is a major contracting triangle […]
In a press release, Marathon Digital Holdings announced a partnership with Nodal Power, a renewable energy developer and operator, to launch a pilot project for mining bitcoin powered solely with energy derived from landfill methane. The already-active 280kW mining project is located in Utah and represents a step forward for the companies in implementing environmentally […]
The chief executive of non-fungible token (NFT) marketplace OpenSea is announcing job cuts as the firm says that it’s rebuilding from the ground up. In a thread on the social media platform X, OpenSea CEO Devin Finzer says that the prominent NFT marketplace will be building a new foundation for faster innovation and upgrading its […]
Digital assets manager CoinShares says Bitcoin (BTC), Ethereum (ETH), Solana (SOL) saw heavy inflows from institutional investors last week. In its latest Digital Asset Fund Flows report, CoinShares finds that institutional investors are continuing to allocate to crypto as the asset class enjoys its sixth consecutive week of institutional inflows. “Digital asset investment products saw inflows […]
How great is chance to see further rise of Cardano (ADA) and Binance Coin (BNB)?
Adenasoft, a South Korea-based IT/software company, has just announced the launch of ACE, their new SaaS product designed for cryptocurrency exchanges. ACE fully prepares businesses for exchange operations quickly, taking less than a month to get up and running. ACE offers a comprehensive suite of features that enables crypto exchanges to streamline their operations and […]
Bitcoin, the first cryptocurrency, is a topic of debate and speculation in the financial world. Bitcoin has continually demonstrated endurance and growth since its creation, despite its well-known price volatility and occasional setbacks. For starters, Bitcoin’s allure stems from its scarcity and cyclical halving events. It is a deflationary digital asset with a predefined supply […]
Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar – lack of legislative clarity, lack of interagency coordination, etc.
Gaza-Based Media Outlet Continues To Solicit Cryptocurrency Donations, Claims Donations Via Tether Now 'Blocked, Confiscated By Israeli Occupation'.
TL;DR XRP price exceeds $0.70, outshining other cryptocurrencies with significant holding by large investors and a recent spike in social media discussions. XRP’s performance, with over a 25% gain, eclipses Bitcoin’s 2% rise, reflecting a standout rally in the crypto market. Analyst predictions suggest further growth for XRP, with ambitious price targets up to $18.22, […]
Crypto startup Ava Labs, which supports the Avalanche blockchain network, laid off a substantial portion of its workforce Monday, multiple impacted employees confirmed with Decrypt. While the scale of the cuts has not yet been confirmed by Ava Labs, the layoffs have impacted the company’s communications and marketing teams. Garrison Yang, VP of Growth and […]
Ethereum price is slowly moving up toward the $2,000 resistance against the US dollar. ETH is in a better positive for a decent upward move than Bitcoin. Ethereum is still attempting to move toward the $2,000 level. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There is a connecting bullish trend […]
Last week, the Federal Reserve sent Bitcoin Magazine a cease and desist letter in an attempt to silence criticism of its recently launched FedNow interbank clearing and settlement service. The central bank of the United States is claiming that Bitcoin Magazine merchandise that parodies its services are not protected speech, but rather an unauthorized infringement […]
Macro investor Luke Gromen says the US government will soon be forced to print more money to address its rising debt and obligations. In a new interview with Peter McCormack on the What Bitcoin Did podcast, Gromen says that with the combination of diminishing productivity and rising costs, the US will face a simple choice […]
US regulators are set to overhaul settlement times for securities trades next May. While this move is expected to have a positive impact, it brings significant concerns for over $1 trillion in Exchange-Traded Funds (ETFs). Market experts have warned that the upcoming change will lead to increased costs and operational complications, primarily affecting more than […]
HashKey Exchange, the first licensed retail virtual asset exchange registered in Hong Kong, announced its official launch today. Together with executives from the HKSAR government, top-tier banks, insurers, and Big 4 auditing firms, HashKey held the grand launch in Hong Kong. Strictly adhering to the SFC’s user registration and KYC requirements, the HashKey Exchange platform […]
SOL price has started to cool off as investors potentially question the reasons for the most recent double-digit rally.
The recent institutional landscape appears to be undergoing a shift, as Ethereum, which had been struggling with continuous outflows throughout the year, notably totaling $107 million, suddenly experienced a positive change.`According to the latest report by CoinShares, Ethereum has attracted the largest inflows since August 2022, totaling $17.5 million. In the latest turnaround, digital asset […]
Crypto analyst Jason Pizzno says that Bitcoin (BTC) could be gearing up for an unexpected bull phase that carries on into next year. In a new strategy session, Pizzino takes a look at the average true range (ATR) indicator, which measures volatility within a given time period. Pizzino points out that about 1,030 days passed […]
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XRP price rallied over 20% and climbed above $0.70 against the US Dollar. The price is correcting gains but the bulls might again be active near $0.650. XRP started a strong increase above the $0.680 resistance. The price is now trading above $0.685 and the 100 simple moving average (4 hours). There is a major […]
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. With all the scrutiny on megabank JPMorgan’s relationship with the now dead sex offender Jeffery Epstein, Treasury secretary Janet Yellen has called for less regulations on the banking sector. “The […]
The Social Lead for Yuga Labs, the $4 billion startup behind the Bored Ape Yacht Club and other prominent NFT collections, resigned on Sunday after numerous racist and antisemitic tweets he posted years ago were brought back into the spotlight. Shpend Salihu, who goes by the username NGBxShpend and was identified by the company as […]