A widely followed crypto analyst says that Bitcoin (BTC) is entering an “explosive” phase as the king crypto’s long-term metrics reverse course. In a new thread, pseudonymous crypto strategist TechDev tells his 420,200 followers on the social media platform X that one signal comes around every 3-3.5 years which points to “several months” of growth […]

Payments giant PayPal says that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) over its new stablecoin. In a new document, PayPal says that the regulatory agency has issued a subpoena over PYUSD, the firm’s dollar-backed stablecoin which launched earlier this year. “On November 1, 2023, we received a subpoena […]

He was extradited to the United States last December from the Bahamas, where he had operated the FTX cryptocurrency exchange and a hedge fund, among …

Europe’s leading Bitcoin miner and data cloud provider – Northern Data – announced securing EUR 575 million (worth over $609 million) debt financing facility from stablecoin issuer, Tether after entering into a loan agreement. The facility, operating under standard market conditions, is unsecured and set to mature on January 1, 2030, and is expected to […]

Shiba Inu price chart prints green candle, while mysterious whale buys 34 billion SHIB

The founder of SkyBridge Capital says that Bitcoin (BTC) and one Ethereum (ETH) competitor have helped the firm see strong returns on its investments. In a new interview on Bloomberg Television, Anthony Scaramucci says that October 2023 was the best month SkyBridge Capital has had on record due to BTC and smart contract platform Solana […]

Sam Bankman-Fried has been found guilty of spearheading a billion-dollar fraud against customers and investors at the crypto exchange FTX and trading firm Alameda Research. A jury has found Bankman-Fried guilty on all seven charges against him, including wire fraud and conspiracy to commit wire fraud against FTX’s customers, wire fraud and conspiracy to commit […]

The crypto world has evolved greatly in the last few years as people become more interested in finding something new to fiat money. But because cryptocurrencies increased in popularity, so did the risks people are exposed to. This is because plenty of scams have appeared, so now people have a hard time knowing if an […]

MicroStrategy, the software firm led by prominent Bitcoin evangelist Michael Saylor, is once again demonstrating the potential of Bitcoin as a store of value. With a strategic approach to accumulating the Bitcoin through the entirety of the most recent bear market, the company is now sitting on a nearly $1 billion gain. MicroStrategy’s journey into […]

Bitcoin (BTC) is currently experiencing a notable surge in its value, effectively propelling the entire cryptocurrency market upwards. The recent upswing has drawn the attention of various experts in the field, one of whom is the pseudonymous crypto strategist known as TechDev.  In a recent post on the popular social media platform X, TechDev emphasized […]

Bitcoin is due to hit $45,000 by the end of 2023, with post-halving BTC price targets reaching a giant $250,000.

Bankman-Fried was convicted in a landmark fraud case, with the jury swiftly reaching a unanimous verdict on the misappropriation of US $8 billion from FTX customers. Within hours after closing arguments framed Bankman-Fried as either a deceitful schemer or a besieged entrepreneur, the jury delivered the verdict. Bankman-Fried, who could serve up to 115 years […]

A top crypto strategist predicts that one altcoin focused on artificial intelligence (AI) will double up while updating his outlook on decentralized oracle provider Chainlink (LINK). Pseudonymous crypto trader Bluntz tells his 226,200 followers on the social media platform X that Ocean Protocol (OCEAN), a data-sharing digital asset with a focus on AI, will see […]

PayPal has recently gone under the scrutiny of the United States Securities and Exchange Commission (SEC) as the Enforcement division issued a subpoena related to its US dollar-pegged stablecoin. The revelation of the SEC’s action came to light on November 2, according to a report by Reuters. SEC Inquiry Follows PayPal’s PYUSD Stablecoin Launch This […]

A jury unanimously found the former golden boy of cryptocurrency, Sam Bankman-Fried, guilty on all counts on Thursday.

The key news of the last day of October in U.Today’s news digest, check it out!

BitMEX co-founder Arthur Hayes is doubling down on a prediction that Bitcoin (BTC) is destined to reach a seven-figure price. Hayes says that a monetary policy tool known as the yield curve control (YCC) will act as a catalyst for Bitcoin to reach $1 million, a gain of around 2,738% from the current level. Central […]

MicroStrategy’s Executive Chairman Michael Saylor spoke with CNBC on Thursday about the future of regulation and corporate adoption for Bitcoin (BTC), shortly after his company announced a $5.3 million BTC purchase last month. While the billionaire maintained that “you can never have too much Bitcoin,” he also claimed that “big banks” will be necessary for […]

The governing body for the aragonOS DAO-creation tool will wind down, transferring its assets to token holders.

The first time I heard about bitcoin was from my husband. He came home from work one day very excited to tell me all about this magic internet money. I was not impressed. I told him he sounded crazy and that was that, or so I thought. He brought up the conversation again maybe a […]

Recent data has revealed the crypto exchange with the highest trading volume of Shiba Inu, indicating an upward trajectory for the digital asset as the volume continues to surge in the crypto exchange. The crypto exchange that has propelled Shiba Inu’s growth lately is the leading cryptocurrency platform, Binance. Shiba Inu Volume Doubles On Binance […]

ProShares, a leading provider of exchange-traded funds (ETFs), has launched the world’s first short Ether-linked ETF, giving investors a new way to bet against the second-largest cryptocurrency by market capitalization. The ProShares Short Ether Strategy ETF (SETH) began trading on the New York Stock Exchange Arca on Tuesday, Nov. 2.  The fund seeks inverse exposure […]

Stablecoins, as opposed to extremely volatile cryptocurrencies such as Bitcoin and Ethereum, are intended to have a steady value, sometimes tethered to a fiat currency such as the US dollar. Because of this stability, stablecoins are increasingly being used for a variety of purposes, including online transactions, remittances, and as a store of value. However, […]

NEW YORK (AP) — FTX founder Sam Bankman-Fried's spectacular rise and fall in the cryptocurrency industry — a journey that included his testimony …

A widely followed crypto strategist is updating his outlook on one red-hot artificial intelligence (AI) altcoin. The pseudonymous crypto analyst Pentoshi tells his 707,100 Twitter followers that Fetch.AI (FET) is likely entering a consolidation phase after soaring 307% year-to-date. “Update: mid-term resistance resisting. Guessing a week or so of some consolidation and chop for this […]

A trio of upcoming blockchain games—GensoKishi Online, Cursed Stone, and Sailwars—will be deployed on the Immutable zkEVM network, Immutable announced Thursday. Immutable zkEVM is a gaming-centric Ethereum scaling network built using Polygon’s zkEVM technology, and is fully compatible with the Ethereum Virtual Machine. Scaling networks let games and other apps handle larger volumes of transactions […]

Recent analytics data has revealed the major factor that helped Ethereum get back over the $1,800 price level, suggesting a coming rise over $2,000

The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well.

Visa, a global leader in payments technology, has marked a significant milestone by completing a pilot test in collaboration with HSBC and Hang Seng Bank. The program, a part of the “Digital Hong Kong Dollar” pilot organized by the Hong Kong Monetary Authority (HKMA), opens new horizons for secure and efficient financial transactions. Transforming Interbank […]

Ever since the Bitcoin community embarked on discussions surrounding the optimization of covenants, there’s been a growing interest in learning more about their tradeoffs and the covenants already deployed on the Liquid Network. In light of this renewed interest and to encourage further discussion, let’s review some of Liquid’s current covenant offerings, comparing them with […]

Shiba Inu whales have been seen moving a large amount of SHIB on-chain once again. These movements come at a time when the price of the meme coin is on the rise, raising concerns about whether these large holders have decided to start selling their large stacks of coins. Shiba Inu Whales Start Moving Coins […]

A Bloomberg crypto analyst says that Ethereum (ETH) and two other altcoins are creating unprecedented financial opportunities for emerging markets. Blockchain analyst Jamie Coutts says on the social media platform X that ETH, Polygon (MATIC) and Solana (SOL) are unlocking greater access to the private credit market. “Public blockchains hold immense potential for empowering global […]