A closely followed crypto strategist thinks that one Ethereum (ETH)-based altcoin is about to soar against Bitcoin (BTC). Pseudonymous analyst The Crypto Dog tells his 750,500 followers on the social media platform X that the decentralized exchange protocol Injective (INJ) is looking bullish on the INJ/BTC trading pair chart. “Incredibly bullish structure.” Source: The Crypto […]
Despite high expectations, the approval of the Spot Bitcoin ETFs in the US led to an underwhelming Bitcoin price reaction, with a 6% decline over seven days following the SEC’s decision. The trading volume of the newly approved ETFs starkly contrasts with its subdued price performance, outpacing the combined volume of 500 ETFs launched in […]
Over the past 24 hours, both $LDO and $AAVE have experienced notable declines in their respective values, shedding 15% and 3%. The primary catalyst for these downturns appears to be substantial token sales by prominent holders, commonly known as whales. Insights from on-chain analytics platform Spotonchain unveiled a recent sizable sale by Stani Kulechov, the […]
[PRESS RELEASE – London, United Kingdom, January 17th, 2024] Kabuni’s Steamboat Willie-inspired non-fungible tokens (NFTs) go beyond digital assets, they are integral to Kabuni’s mission of unlocking human potential through technology and driving positive change. Holders of these NFTs gain an exclusive path to the chance of earning Kabuni COIN (KBC), embodying the spirit of innovation, […]
Shiba Inu’s lead developer, Shytoshi Kusama, proposes a revolutionary shake-up in the crypto world with SHIB Name Tokens
Cybernetics, a cryptocurrency recovery services provider, has announced an efficient solution for individuals facing the challenge of lost …
King Ferdinand of Spain, sponsor of Christopher Columbus, had only one command for the conquistadors: “Get Gold! Humanely, if possible, but at all hazards!” 500 years later this sentiment still seems to be the same, with the addition of new hazards. Gold bugs and Bitcoin advocates share the common belief that the fiat currency system […]
Circle chief executive Jeremy Allaire thinks additional regulatory clarity will pave the way for increased stablecoin adoption in 2024. In a new interview with CNBC International TV, Allaire predicts that the recent approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the US will act as “the tide that lifts all boats” in the crypto […]
January 17th will be a crucial day for Coinbase, the renowned cryptocurrency exchange platform, and the United States Securities and Exchange Commission (SEC). On this date, both parties will appear before a court in New York for a hearing that will determine the course of the case that the SEC filed against Coinbase on June […]
Bitcoin Spot Exchange-Traded Funds (ETFs) have once again garnered the attention of crypto enthusiasts and investors as the products have witnessed a whopping $10 billion in total trading volume in the first three days of trading. Bitcoin Spot ETF Sees Significant Uptick In Day 3 Trading The development was revealed by Bloomberg Intelligence analyst James […]
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The Solana mobile phone Saga saw initially poor sales dramatically increase tenfold within 48 hours due to a promotion offering 30 million BONK tokens with each purchase. This led to an arbitrage opportunity that attracted buyers, necessitating a purchase limit per household, and paving the way for the upcoming release of version 2.0. The Solana […]
Bitcoin recently experienced a decline, breaking below a critical level at USD $42,200, indicating potential weakness. Analyst Jason Pizzino suggests this could lead to further drops to around USD $37,000, while also offering good re-entry points in a healthy market correction. Pizzino criticised the hype and misinformation in the crypto market, particularly exaggerated Bitcoin predictions. […]
The world of decentralized finance (DeFi) is experiencing a surge in lending protocols, with Radiant Capital ($Rdnt) leading the pack with an impressive 188% surge in coin performance in 2024. Notably, $QI, $SILO, and $WELL are following closely, each experiencing over 100% growth. Among lending protocols in the DeFi space, Radiant Capital ($RDNT) leads the […]
A cryptocurrency trader who invested $10,000 in the meme coin Troll has recently realized a profit of over $1.03 million, thanks to capitalizing on Elon Musk’s updated bio description on X (formerly Twitter). On January 9, Musk altered his X profile description to “(CTO) Chief Troll Officer” and posted a message containing a similar phrase […]
The battle for the future of Bitcoin is raging in real time on twitter as we are on the cusp of global economic contraction, thanks to 50+ years of the USD fiat regime, and are eagerly waiting for the approval of a spot Bitcoin ETF by the SEC. Yet, in the trenches on Twitter, the […]
Cryptocurrency analyst and trader Michaël van de Poppe is expressing bullish sentiment on Bitcoin (BTC) over the coming weeks and months. Van de Poppe tells his 684,700 followers on the X social media platform that Bitcoin is likely to enjoy a rally ahead of the halving scheduled for April. According to the widely followed analyst, […]
Tether is pushing back against recent accusations from a United Nations agency that its stablecoin, USDT, is used extensively for money laundering and fraud in Asia. In a new report, the United Nations Office on Drugs and Crime (UNODC) claims criminals in East and Southeast Asia prefer to use USDT on the Tron (TRON) blockchain […]
The approval of 11 Bitcoin exchange-traded funds (ETF) by the US securities market regulator has failed to convince its counterpart in Thailand, also named the Securities and Exchange Commission (SEC), to allow such products in the local Thai market. No Bitcoin ETFs in Thailand According to the Thai regulator, Bitcoin ETFs approved in foreign markets […]
The SUI blockchain has been ramping up since the year 2024 began, and a natural consequence of this rapid growth is that it has now surpassed some major players in the decentralized finance (DeFi) space. This has put it ahead of heavy hitters such as Bitcoin and Aptos as SUI begins to leave its mark […]
In a recent turn of events, Tether, the renowned stablecoin issuer, has publicly disputed allegations made by the United Nations (UN) regarding the misuse of its stablecoin, USDT. The UN’s report had implicated that the stablecoin is increasingly being used for illicit activities. Tether Challenges UN Report and Calls for Blockchain Education Read more https://t.co/RM474wIiqo […]
U.Today’s news digest helps you stay tuned in on the most recent events in the crypto world
Cyber node security is proud to introduce a game-changing solution that addresses the pressing challenges of cryptocurrency recovery,” said Barry …
BitMEX co-founder Arthur Hayes believes that the total market cap for Bitcoin (BTC) and other digital assets could soar by more than $1.3 trillion this year. In a new essay, the crypto veteran predicts that in 2024 the total market capitalization for all digital assets could reach or beat the all-time high (ATH) market cap, […]
Michael Saylor, founder and CEO of MicroStrategy, sent out a tweet warning the community of videos promising to double investors’ Bitcoin. The videos are AI-generated Deepfakes impersonating Saylor, who claims his team has to remove about 80 such videos every single day. YouTube is one of many social media platforms that are unfortunately brimming with […]
Blockchain networks Klaytn, backed by South Korea’s Kakao, and Finschia, developed by Japan’s LINE, have unveiled a merger proposal aimed at combining their technologies and user bases, potentially establishing the most extensive web3 ecosystem in Asia. The proposed merger between the leading blockchains in Japan and South Korea anticipates the creation of an ecosystem boasting […]
It has been a difficult few weeks for Shiba Inu (SHIB) holders, with the token’s price dropping 20% from December’s high. However, the AI model ChatGPT has analyzed the recent price action and believes there could be significant upside ahead for SHIB in 2024. ChatGPT also highlighted the explosive potential of the Sponge V2 (SPONGEV2) […]
The crypto spot trading volumes for the top 10 exchanges in December 2023 reached their highest levels since June 2022, marking the third consecutive month of growth. Binance, maintaining its lead, experienced a month-on-month (MoM) increase of 40% in trading volumes, amounting to $432.65 billion. According to Finance Magnates Intelligence, there was an increase of […]
On-chain data suggests Bitcoin has a large wall of resistance ahead of it currently. Here are the exact levels that make up this important range. A Large Amount Of Bitcoin Supply Was Purchased Between $42,700 & $44,000 According to data from the market intelligence platform IntoTheBlock, BTC is sitting just below a significant on-chain resistance […]
Blockchain analytics platform Santiment is noticing two metrics flashing bullish signals for decentralized oracle provider Chainlink (LINK). Santiment says that the overall supply of Chainlink on crypto exchanges has slipped down to its lowest level since February 2020. The analytics firm also notes that the number of unique LINK addresses holding a positive (non-zero) amount […]
The native utility token of a South Korean Ethereum (ETH) rival is rallying after news of a new blockchain merger proposal. Layer-2 smart contract platform Klaytn (KLAY) leaped from a 24-hour-low of $0.189 to a high of $0.262, a 39% gain, following the announced proposal of a merger to create “Asia’s leading blockchain system.” KLAY […]