Veteran commodity trader Peter Brandt recently drew attention to Dogecoin (DOGE), the largest meme-based cryptocurrency by market capitalization, suggesting a potential bullish breakout. Brandt shared a DOGE/USDT chart in a post on X, pointing to a breakout DOGE has recently achieved from a descending channel that the asset has been stuck in for over half […]

Most of August was spent in “Fear” on the Crypto Fear & Greed Index, with sentiment hitting a yearly low of 17 on Aug. 6.

TL;DR Robinhood and Revolut are considering launching stablecoins to expand their crypto offerings, driven by the lucrative potential of the $170 billion stablecoin market. Robinhood is cautious and has stated there are “no imminent plans” for a stablecoin launch, reflecting a careful evaluation of the market. Revolut is more vocal about its intentions to grow its crypto product […]

TL;DR The SEC approves BNY to offer digital asset custody. The structure of the Bank of New York could be applied beyond Bitcoin and Ethereum ETFs. Customer assets will be protected against bank insolvencies. The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, confirmed that the Bank of New York Mellon (BNY) […]

Albert Castellana, co-founder and CEO of Yeager.ai, believes artificial intelligence (AI) can propel blockchain-based applications beyond simple, static contracts. AI integration unlocks “much more subjective decision-making,” opening doors to entirely new use cases, he argues in written responses to Bitcoin.com News questions. Risks Associated With Centralized AI Models Castellana said he envisions developers creating applications […]

[PRESS RELEASE – Atlanta, GA, September 27th, 2024] Boost VC, Draper Associates and Thesis* Join Forces to Foster Innovation in Infrastructure, DeFi and SocialFi Boost VC, Draper Associates, and Thesis*, one of the longest-standing venture studios funding and building brands on Bitcoin, today announced the launch of the BitcoinFi Accelerator, an exclusive six-week program designed […]

Micheal Saylor’s Bitcoin bet is paying off again

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Solana (SOL) broke above a key resistance level on Friday, fueling the bullish sentiment that reignited over a week ago. As a result, some analysts think the fifth-largest cryptocurrency by market capitalization could be about to see a massive bull run as “Uptober” approaches. Solana Retests $160 Resistance Solana’s rally started last week following the […]

Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil.

The native token of the synthetic dollar protocol developer Ethena (ENA) surged by more than 45% this week as the project rolled out multiple new products. Ethena aims to provide a crypto-native solution for money not reliant on traditional banking system infrastructure via a synthetic dollar called USDe. The protocol also offers a dollar-denominated savings instrument called “the […]

A data breach at Wells Fargo is affecting an unknown number of the banking giant’s customers. A new filing with the Office of the Vermont Attorney General shows the lender is warning customers that an insider at the bank has accessed and used their information to perpetrate fraud. The San Francisco, California-based bank has not […]

With the next bull run already started, experienced investors are eyeing top cryptos that could offer exponential returns. While Ethereum and Bitcoin remain staples, Sui (SUI), Bittensor (TAO), and Raboo ($RABT) are emerging as top contenders, each with distinct growth catalysts. As AI crypto continues to dominate discussions, these assets are positioned to lead the […]

TL;DR Approximately $7.7 billion worth of Bitcoin and Ethereum options expire today, which could create volatility in the market. The maximum pain point for Bitcoin is at $59,000 and for Ethereum at $2,500. Market volatility is expected to continue following a recent rally driven by Federal Reserve interest rate changes. Cryptocurrency options expiration is a […]

TL;DR Decentralized Physical Infrastructure Networks (DePIN) connect real-world devices to blockchain networks, allowing users to participate in the construction and maintenance of these infrastructures. Projects like Helium and Filecoin demonstrate how these tools can offer efficient and sustainable solutions, eliminating reliance on large capital and centralized companies. Despite their potential, mass adoption faces challenges such […]

Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $50 million fine and stepping down as Binance’s CEO. Despite his prison sentence, Zhao remains incredibly wealthy, with plans […]

Read about the latest events in the industry in U.Today’s news digest!

Richard Teng shares his optimism about bitcoin's upcoming halving cycle and its possible effects on the cryptocurrency's price movement.

Bitcoin has shown bullish momentum during the past day, but an analyst has pointed out how the asset may be in a high-risk zone now due to the Open Interest trend. Bitcoin Open Interest Has Seen A Rapid Increase Recently As explained by CryptoQuant community manager Maartunn in a new post on X, the Bitcoin […]

John Deaton has discussed his stance on US Federal Reserve CBDCs, regulatory clarity and government accountability in his Senate run.

Cryptocurrency analyst Kevin Svenson believes Bitcoin (BTC) and altcoins will witness big upside bursts for the rest of the year. In a new video, Svenson tells his 79,800 YouTube subscribers that Bitcoin and altcoins are poised for more gains over the coming weeks and months. According to Svenson, the altcoin market cap appears to be […]

A widely followed crypto analyst known for making timely altcoin predictions is turning bullish on memecoins. Pseudonymous trader Bluntz tells his 276,300 followers on the social media platform X that multiple meme tokens are witnessing big breakouts, leading him to believe that memecoin season is here. One altcoin on his radar is the Solana (SOL)-based […]

Changpeng Zhao, the founder and former CEO of the world’s largest cryptocurrency exchange, has served his four-month prison sentence and has been released from custody as of Friday. Although he has stepped down as the chief executive of Binance, he is still the largest stakeholder. Recall the events that took place almost a year ago […]

Source: https://decrypt.co/ Ethereum’s new phone, xFone, is set to take on Solana’s blockchain-powered phone market with the upcoming launch of xForge. This new handset, designed to integrate blockchain technology, aims to push forward the concept of decentralised applications (dApps) and Web3 experiences, offering more robust security and privacy compared to conventional smartphones.  With features like […]

BlockDAG’s 23rd Batch Nears Sell-Out As Buyers Race To Get 50% Bonus! BNB’s Price Bearish While Aptos’ Performance Strengthens After a steady increase, BNB has hit a snag at the $600 mark. This has led to a concerning price forecast for BNB that points to a potential downward shift as sellers gain control over the […]

The U.S. Securities and Exchange Commission (SEC) has filed charges against Mango DAO, Blockworks Foundation, and Mango Labs LLC for offering unregistered securities. The case centers around the sale of MNGO tokens and the operation of Mango Markets without proper registration. Mango Markets Hit With SEC Charges The SEC alleges that since August 2021, Mango […]

TL;DR Cryptocurrency markets showed sideways movement in the third quarter of 2024, according to the FTSE/Grayscale index. New assets have been added to Grayscale Research’s Top 20, including SUI, TAO, and OP, reflecting emerging themes such as decentralized artificial intelligence and the tokenization of traditional assets. Although Ethereum has underperformed Bitcoin, it has outperformed other […]

XRP has struggled to keep pace with the broader crypto market rally that began last week following the Federal Reserve’s interest rate cut. While other cryptocurrencies have seen impressive gains, XRP has only managed a modest 2% increase. Analysts and investors suggest this underperformance is due to growing interest in other projects, diverting attention and […]

Real Vision analyst Jamie Coutts believes that the crypto market could finish out the year with strong rallies. Coutts says that the TOTAL3 chart on the weekly timeframe appears to be breaking out of a descending trend line and printing a bull reversal pattern. The TOTAL3 chart tracks the market capitalization of all crypto assets […]

The U.S. Department of Justice (DOJ) has teamed up with other federal and international law enforcement agencies to charge two Russian nationals with multiple cybercrimes, including running illegal crypto exchanges. In a new press release, the DOJ says it is charging Russian nationals Sergey Ivanov and Timur Shakhmametov with crimes ranging from facilitating stolen credit […]

Veteran cryptocurrency services platform Nexo becomes strategic member of major segment association

"As an overt act in the conspiracies, I transferred and wired the unlawfully obtained cryptocurrency proceeds, or a portion thereof, in interstate and …