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 […]
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. […]
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 […]
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% …
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 […]
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 […]
Io.net’s recently developed decentralized physical infrastructure network has moved into its beta phase, allowing GPU computing providers to plug into the platform.
U.Today has collected weekend’s top crypto news for you in its latest news digest, check it out!
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 […]
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 […]
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 […]
Holmes also delved into the more technical aspects of cryptocurrency, discussing the profitability of mining, particular coins in a bullish bitcoin …
The original SimpDAO queen Irene Zhao says making good memes is harder than trading as you need to understand the market and the audience.
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 […]
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 […]
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 […]
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 […]
How great is chance to see further rise of Cardano (ADA) and Binance Coin (BNB)?
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 […]
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 […]
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 […]
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, […]
Gaza-Based Media Outlet Continues To Solicit Cryptocurrency Donations, Claims Donations Via Tether Now 'Blocked, Confiscated By Israeli Occupation'.
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.
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 […]
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 […]
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 […]