Money Across Borders: How Cryptocurrency Has Opened Global Exchange, by Nicholas Anthony, explains that cryptocurrencies have opened new opportunities …
Bloomberg Intelligence analyst Jamie Coutts says that Ethereum (ETH) competitor Solana (SOL) is well-positioned to perform stronger against fellow ETH rival Cardano (ADA). Coutts says that Solana has a lot more daily users than Cardano but that ADA’s market cap is still about 75% of SOL’s market cap. He believes Cardano will start market share […]
Recent data has revealed that Shiba Inu has experienced a significant surge in whale transactions following a recent whale transaction of a whopping 4.43 trillion SHIB tokens. This has since caused quite a stir in the cryptocurrency space. Shiba Inu Experiences Surge In Whale Activity According to data, Shiba Inu has been exhibiting astounding whale […]
Bitcoin wallet and API platform Blink, formerly known as Bitcoin Beach Wallet, has announced a new partnership with Distribuidora Morazán, the second-largest distributor of consumer goods in El Salvador, according to a press release sent to Bitcoin Magazine. This collaboration between Blink and Distribuidora Morazán has paved the way for a pilot program that allows the […]
Over 700,000 new BTC addresses were added to the network in just one day
Binance launched an invite-only Web3 social media app on the iOS store to poor reviews. Despite some initial excitement about its release, the exchange’s CEO, Changpeng Zhao (CZ), clarified its limited use case. CZ said the app would mainly be used for internal communications and is unrelated to what Binance will announce at its Blockchain […]
Developers building on the speedy layer-1 blockchain Sui now have access to a full stack of zero-knowledge-proof-based (ZK) tools. The move is possible thanks to a new tie-up with the Microsoft-backed data platform Space and Time (SxT). Critically, these tools are expected to accelerate the burgeoning Web3 gaming niche on the SUI network, SxT’s CEO […]
Custodia Bank’s launch of Bitcoin custody follows a series of regulatory challenges the firm faced earlier this year.
Kraken has launched VASP services in Belgium, utilising its EU subsidiary, which has registered under the VASP regimes in Ireland, Spain and Italy. This launch reinforces Kraken’s ongoing commitment to upholding Europe’s robust anti-money laundering and compliance standards. And further underscores Kraken’s dedication to advancing crypto adoption across Europe, now and into the future. “We’re […]
The team of Pods recently announced the mainnet launch of its 3rd strategy on Pods Yield: FUD Vault, which now complements ETHphoria and stETHvv. FUD Vault provides a way for users to benefit from market downturns by offering a mechanism to hedge against significant price drops in ETH while preserving the deposited principal. Who is […]
To enhance OTC trading capabilities, Digital Asset Management Limited (DAMEX), a payment platform specializing in digital asset management, has integrated FM Liquidity Match into their trading technology stack. Damex Direct: A Solution for Digital Asset Management Through the DAMEX OTC Desk, businesses now have the convenience of buying and selling digital assets using fiat or […]
A widely followed crypto trader is predicting that Bitcoin (BTC) will suddenly soar in price and reach a new all-time high while many are caught on the sidelines. Pseudonymous analyst Bluntz tells his 226,800 followers on the social media platform X that Bitcoin may be in the early stages of a strong impulse that could […]
Hong Kong is reportedly weighing the possibility of allowing spot cryptocurrency exchange-traded funds (ETF). In a new Bloomberg report, Hong Kong’s Securities and Futures Commission CEO Julia Leung outlines what it would take for spot crypto ETFs to be authorized in the city-state. “We welcome proposals using innovative technology that boosts efficiency and customer experience. […]
Cardano’s ADA token has seen a notable increase in interest from large investors, according to data from analytics firm IntoTheBlock. This increase translated into an accumulation of 1.89 billion ADA last month, which is equivalent to more than $600 million at current cryptocurrency prices. $ADA got a strong vote of confidence last month. Big holders […]
United States-based cryptocurrency exchange Kraken is mulling launching its own layer-2 network, CoinDesk reported, citing people familiar with the matter. According to the report, the crypto exchange is considering using the technology of several blockchain firms, including Polygon Labs, Matter Labs, and Nil Foundation, as the base for the new network. Kraken Considers Launching Layer-2 […]
Next Cryptocurrency To Explode. S&P 500 futures experienced a 0.2% drop, mirroring the decline in FTSE futures, while European futures showed a 0.3% …
Io.net’s recently developed decentralized physical infrastructure network has moved into its beta phase, allowing GPU computing providers to plug into the platform.
Altcoins have witnessed a significant surge recently, with their collective market capitalization rising from $575 billion to $615 billion in just a few days – an increase of 7%. This momentum hints at the potential for further growth in the Altcoin sector. Breakout From Descending Triangle The Altcoin market capitalization had been trading within a […]
Bitcoin White Paper Day, celebrated on October 31, marks the 15th anniversary of the release of the groundbreaking Bitcoin white paper by the pseudonymous person or group known as Satoshi Nakamoto. This pivotal document, titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” introduced the world to a revolutionary technology that has since disrupted traditional financial systems […]
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)?