A widely followed crypto analyst says the collective altcoin market cap will rise much higher than most traders expect. Michaël van de Poppe tells his 692,800 followers on the social media platform X that altcoins are going to reach unimaginable new all-time highs. “People are wondering, are altcoins going to break their all-time high? The […]

According to a Reuters report, Founders Fund, the venture capital (VC) firm founded by billionaire Peter Thiel, is once again betting big on the flagship cryptocurrency, Bitcoin. The VC firm is reported to have made significant profits on their last Bitcoin investment and would be hoping that this next market cycle also brings immense rewards.  […]

TL;DR DN404, a New Token Standard: A group of developers has introduced DN404, a new token standard that aims to improve upon ERC404.  Advantages and Concerns: DN404 enables users to trade fractions of NFTs without intermediaries, fostering a decentralized trading environment.  DN404 vs ERC404: The experimental Ethereum standard, ERC404, has been successful but faced criticism for its inefficiencies. […]

TL;DR Blockchain Association warns of risks of Warren legislation: it could eliminate jobs and weaken the US in cryptocurrencies. Industry Expert: Warren’s Law Could Slow Cryptocurrency Innovation. Sherrod Brown’s endorsement key to Warren legislation. The debate surrounding legislation proposed by Senator Elizabeth Warren, known as the Digital Asset Anti-Money Laundering Act of 2023 (DAAMLA), has […]

A minor pullback in cryptocurrency prices has been followed by a slight rebound for many altcoins across the board, indicating what could be a slow and steady recovery in the near future. Ethereum (ETH) Layer-2 scalability platform Arbitrum (ARB) is one of the recent gainers that could make a lot of noise in 2024. Meanwhile, […]

According to the FBI's Internet Crime Complaint Center, cryptocurrency investment fraudrose from $907 million in 2021 to $2.57 billion in 2022.

The Biden Administration has intensified oversight on the U.S. bitcoin mining sector through an Energy Information Agency (EIA) emergency survey, portraying electricity usage by miners as a significant threat to national grid stability. This move, which demands detailed disclosures from miners, mirrors actions in Venezuela that led to mining confiscations, signaling a concerning trend towards […]

Lawyers overseeing FTX’s bankruptcy have said they expect customers of the failed crypto exchange to be reimbursed in full. The money to pay back creditors would come from FTX’s investments, which have appreciated enormously in value since the lows following the exchange’s collapse. SBF is expected to face a significantly less severe sentence for his […]

Bitcoin’s price has finally created a new higher high, following weeks of consolidation and correction. This has caused many investors to believe that a new all-time high will be created in the upcoming months. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has broken above the key $48K resistance level […]

Scheduled for Feb. 15, 2024, the upcoming Bitcoin difficulty retarget is poised to mark a notable upswing in the network. Current projections forecast an estimated difficulty surge ranging from 8.45% to 9.2%, setting the record for the steepest increase of 2024 thus far. Bitcoin Difficulty Poised for a Steep Increase This week, bitcoin (BTC) mining […]

A closely followed crypto analyst says that Bitcoin (BTC) whales have scooped up billions of dollars worth of the flagship digital asset in just three weeks. In a new thread, crypto strategist Ali Martinez tells his 44,700 followers on the social media platform X that deep-pocketed Bitcoin investors have gobbled up $6.16 billion worth of […]

Find out what happened in the world of crypto over the weekend with U.Today’s news digest

Charles Hoskinson, co-founder of Cardano, joined Discovery Crypto to discuss his thoughts about the state of the crypto space, what current developments in the industry suggest, and the network’s future as the “Taylor Swift of Blockchains.” Cardano’s Big Reputation The recent interview sparked a discussion about Cardano’s relationship with crypto exchanges like Gemini and other […]

After bouncing off a two-month low in late January, Bitcoin recovered by almost 30% in three weeks and traded back at the top. It saw rejection and now appears to form a double-top pattern on the daily chart.  Once again, Bitcoin returns to the top after suspending bullish for a month. It bounced off $38500 […]

The cryptocurrency market is excited as the altcoin season approaches. Altcoin season refers to extended periods where alternative …

TL;DR Solana Mobile raises $45M and sells 100,000 crypto phones in a month, surpassing its previous record of 20,000 phones in a year. Solana’s “Chapter 2” phone offers unique features for using cryptocurrencies on the Solana blockchain, giving users an edge over mainstream devices. Solana Mobile aims to create a challenger ecosystem for crypto gaming by attracting […]

TL;DR Weekly digital asset income: $1.1B; AuM reaches $59B, highest since 2022. US Bitcoin ETF: $1.1B in inflows last week; concern about future departures of flows. Bitcoin dominance: accounts for 98% of total revenue; Ethereum and Cardano are also showing growing interest. The digital asset market continues to show vigorous momentum, according to the latest […]

A closely followed crypto strategist believes a red-hot altcoin project has more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 206,900 followers on the social media platform X that the native token of modular blockchain Dymension (DYM) could soon revisit higher levels after a retracement. “DYM: closed all of this yesterday, not going to round […]

Analytics firm Glassnode says that an on-chain metric for Bitcoin (BTC) that has historically signaled the early stages of a bull market is showing up on the radar. According to Glassnode, Bitcoin’s long-term holder MVRV (LTH-MVRV), which tracks the behavior of long-term BTC investors, has entered “high-risk” territory. The analytics firm shares a chart that […]

BlackRock’s IBIT ETF leads the charge with USD $250M daily inflows, pushing total holdings to 87,779 BTC. Michael Saylor sees this as the start of the “Bitcoin Gold Rush Era,” fuelled by pent-up demand. MicroStrategy’s BTC holdings have reached USD $9.5B as the company’s stock price jumps 10+% on the week. It appears the Bitcoin […]

Bitcoin has surpassed the USD $50k mark for the first time in well over two years. Jason Pizzino suggests we are midway through an ‘everything bubble,’ with peaks in stocks, real estate, and crypto expected around 2026. The crypto Fear and Greed index’s rise to 79 signals entering an ‘extreme greed’ phase, historically followed by […]

Many industry experts have given their two cents on the future of the crypto market in the next 12 months, and most of them lean bullish. The most common reason is Bitcoin. In April 2024, the cryptocurrency will go through its pre-programmed halving, which will slash block rewards in half. This means that the supply […]

On Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $16 million in a funding round from a wide array of venture capitalists and firms including Balaji Srinivasan, Tribe Capital, and Wintermute. Furthermore, Analog has launched its Launch Partners Program to bolster the presence and market dominance of cross-chain initiatives. $16 Million […]

Bitcoin price extended its rally above the $48,800 resistance. BTC tested $50,000 and is currently showing signs of a downside correction. Bitcoin price climbed higher above the $48,500 and $48,800 resistance levels. The price is trading above $48,800 and the 100 hourly Simple moving average. There is a short-term rising channel forming with support at […]

Bitcoin increase outshining Super Bowl in US for Edward Snowden

Canada-headquartered Aquanow, a crypto infrastructure provider, has bolstered its compliance efforts by securing a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). A Much-Sought Crypto License Announced yesterday (Monday), the license will allow the company to offer broker-dealer, lending and borrowing, and management and investment services. However, the license remains […]

Cryptocurrency miners are worried a federal survey could be used against them. Author: kvue.com. Published: 10:07 PM CST February 12, 2024.

Introduction We live in a highly digitalized world, but most of humanity still uses physical goods to store value. The most used store of value in the world is real estate. It is estimated that approximately 67% of global wealth is held in property. Recently, however, macroeconomic and geopolitical headwinds have highlighted the weaknesses of […]

A widely followed analyst believes that a 12x rally is now on the table for Bitcoin (BTC) as the crypto king enters an era never seen before in its history. Crypto strategist Michaël van de Poppe tells his 693,000 followers on the social media platform X that Bitcoin exchange-traded funds (ETFs) signaled the dawn of […]

Alongside other coins, Ethereum recovered significantly in the past weeks after sitting well above key monthly support. Unlike Bitcoin, it has yet to revisit its previous high as the price faces key resistance. As expected, Ethereum finally retested the important $2,500 level as resistance during last weekend’s trading but it seemed to be finding it […]

Ethereum price is up over 5% and there was a push toward $2,700. ETH is consolidating gains and might aim for a move toward $2,800 or $3,000. Ethereum is consolidating gains below the $2,700 resistance zone. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There was a break above a bullish […]

TL;DR Bitcoin surpasses $50,000 for the first time since December 2021, rising 15% in a week and 16% in a month. The rally is attributed to renewed interest from Wall Street, the accumulation of large investors and the expectation of the upcoming Bitcoin halving in April. Despite a slow start to the year, the market […]