A widely followed crypto analyst is naming a number of potential bullish catalysts for Ethereum (ETH) competitor Solana (SOL). In a new video, the anonymous host of InvestAnswers tells his 447,000 YouTube subscribers that Solana is receiving more mainstream attention amid key program developments. “I see a number of different tailwinds for Solana. It is […]

Israeli authorities have ordered dozens of cryptocurrency accounts to be closed following the October 7 attack by Hamas on the southern part of …

The current volatility in the bitcoin market has many investors and industry experts questioning the interconnection of big players. Among the most pressing concerns is the fate of FTX, a popular bitcoin exchange site in recent years. While the reasons behind FTX’s problems are complex, some are accusing Binance, another crypto exchange behemoth, of playing […]

The latest crypto news and updates over the weekend in the U.Today news digest!

A pair of lawyers unaffiliated with Sam Bankman-Fried or FTX are weighing in on the possibility of the former CEO testifying during his ongoing trial. In a new interview with Laura Shin on the Unchained Podcast, Sam Enzer, partner at law firm Cahill Gordon and Reindel, says he thinks Bankman-Fried would likely only make things […]

Chinese authorities are moving to prevent further financial contagion as a bank run unfolds in one of its provinces. Thousands of customers lined up to withdraw their money amid worries that the Bank of Cangzhou is at risk of going under, reports state-run Chinese media. The regional bank lent hundreds of millions of dollars to Evergrande, […]

Lido Finance has recently announced the termination of all operations on Solana after a community vote in Lido’s autonomous organization. The initial proposal to shut down on Solana was initially presented in early September this year following the identification of unsustainable financials as well as the lower percentage of fees generated on the Solana blockchain. […]

The cryptocurrency sector is no stranger to turbulence, but specific tokens are consistently in the spotlight amidst the chaos. BNB (BNB) and Shiba Inu (SHIB) are tokens that continue to captivate the crypto community with their unique propositions. This article will explore the price outlook for BNB and SHIB amid the ongoing market fluctuations and […]

As the XRP price and its future trajectory continue to be a hot topic for debate, crypto research firm Sistine Research has weighed in on this debate using technical analysis. XRP holders are set to love this one, as their prediction is bullish.  Where Is XRP Price Headed? In a post shared on the X […]

Cointelegraph apologizes to its readers and discusses its investigation into what led to the posting of unverified news on X about a spot Bitcoin ETF.

Grayson cryptocurrency regulation bill signed into law. Assembly Bill 39 will establish a licensing process for crypto exchanges and provide …

The bankrupt cryptocurrency exchange, FTX has staked crypto assets worth $150 million in Solana’s SOL and Ether (ETH). Blockchain addresses connected to the crypto exchange show that over 5.5 million SOL, valued at $122 million, and over 24,000 ETH, worth $30 million, have been staked, Coindesk reported. Staking involves locking up cryptocurrencies on a blockchain […]

Decentralized liquid staking protocol Lido Finance has announced a decision to cease operations on the Solana blockchain following a community vote in Lido’s decentralized autonomous organization. The proposal to sunset Lido on Solana was first put forward by Lido’s peer-to-peer team on Sept. 5, citing unsustainable financials and low fees generated by Lido on Solana. […]

Solana has made strong comeback this year

Apple, you gained the world’s largest market capitalization because you dared think differently. So when you decided to shut down zaps on Damus it came as a shock to someone who always appreciated Apple’s rebel spirit. Removing zaps from the iOS store does not stop me from zapping. It just makes me zap in a […]

The estate belonging to the now-defunct crypto exchange FTX was just spotted staking over $144 million worth of Ethereum (ETH) rival Solana (SOL) as the firm’s bankruptcy process unfolds. According to blockchain explorer SolanaFM, the address associated with FTX and its trading arm Alameda Research created a new stake of 5,546,217.04 SOL tokens. Analysis from […]

In a recent fund analysis conducted by Bitrace on Tron addresses involved in over-the-counter (OTC) businesses, findings indicate that more than 3.439 billion USDT, categorized as ‘at risk,’ has flowed into these addresses over the past 24 months. This figure excludes addresses linked to centralized trading platforms, compliant cryptocurrency acceptance platforms, and large money laundering […]

After the United States Securities and Exchange Commission (SEC) has announced that it will not appeal the court’s recent decision regarding Grayscale Investments LLC’s proposal to convert its Bitcoin Trust into a Bitcoin Exchange Traded Fund (ETF), the next steps to be followed by the renowned investment company have been revealed. This news marks a […]

Bitcoin price just made one of its most volatile moves in some time on the back of what has amounted to be fake news regarding the approval of the BlackRock iShares spot BTC ETF. Within seconds of a fake X post, BTCUSD surged by over 7% in ten minutes – only to retrace the entire […]

The administration for the mayor of New York City has released a plan for creating a framework for government agencies to utlitize AI, along with the pilot of the city’s first AI chatbot.

Israel is one of only nine global nuclear powers and boasts one of the world's most advanced and interconnected air defense systems.

The financial world has been keenly following regulatory developments in the United States with Bitcoin exchange-traded funds (ETFs). The Securities and Exchange Commission (SEC) recently faced a critical decision regarding the conversion of the Grayscale Bitcoin Trust into a spot Bitcoin ETF. The decision to approve this conversion might have far-reaching consequences for the Bitcoin […]

Digital assets manager CoinShares says XRP, Solana (SOL) and another Ethereum (ETH) rival are being favored by institutional investors in 2023 so far. In its latest Digital Asset Fund Flows report, CoinShares finds that institutional investors have poured more money into Solana, XRP and Cardano (ADA) this year than any other altcoin, including ETH. After weekly […]

The governor of California has signed off on a bill that aims to create a new regulatory framework for digital assets. Governor Gavin Newsom recently signed Assembly Bill 39, which establishes the Digital Financial Assets Law. The legislation requires the state’s Department of Financial Protection and Innovation (DFPI) to “create a robust regulatory framework, including […]

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Topics this week: Paul Tudor Jones 3 Trades Bitcoin, Ethereum and BNB Last week, I wrote […]

Summary A tweet wrongfully claimed that a Spot Bitcoin ETF has been approved. The news site behind the tweet apologised but also put some onus on the investor. The events highlight the immature crypto media landscape, but also a strong interest in BTC. Crypto Twitter was in a frenzy last night after an errant tweet […]

Ether’s deflation disappears completely

The Shiba Inu ecosystem has started out the new week on a particularly positive note. The burn rate, which is a community initiative to reduce the massive supply of the token, has seen a significant jump as the price of the meme coin has recovered. SHIB Burn Rises 233% A Monday report by Shiba Inu […]

TL;DR Japanese crypto exchange BitTrade will support Dogecoin (DOGE) and Shiba Inu (SHIB) from October 18. Shibarium’s Market Strategist, LUCIE, highlighted the announcement. Mass adoption and Shibarium’s advancements are seen as key to SHIB’s future price growth. Shifting Focus Towards Memecoins The Japanese cryptocurrency exchange – BitTrade – revealed on X (Twitter) that it plans to […]

Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting.

A closely followed crypto strategist says that one altcoin with a market cap of $1.934 billion looks anything but bullish. Pseudonymous trader Altcoin Sherpa tells his 196,800 followers on the social media platform X that the native asset of the interoperable blockchain ecosystem Cosmos (ATOM) appears poised for more downside price action. ATOM, which is […]

Effective today (Monday), Binance will temporarily halt the registration of new users in the United Kingdom. This move is in response to the recent restrictions imposed by the Financial Conduct Authority (FCA), which prevented Binance’s local partner from approving cryptocurrency advertisements. The crypto exchange had partnered with Rebuildingsociety.com to facilitate the approval of Binance’s promotional […]