Nasdaq-listed cloud mining services company Bitfufu has announced an agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This strategic move marks a significant shift for the company as it transitions from an asset-light strategy to managing a diverse portfolio of Bitcoin mining infrastructure. With this acquisition, Bitfufu’s hosting […]

Cryptocurrency is a fad that benefits a few financial gamblers, produces no useful products, and adds financial instability to the banking sector.

Repeat bearish engulfing candles near range highs and Bitcoin’s inability to flip $70,000 to support are possible signs of an incoming correction

Don’t miss the latest events in the world of crypto with U.Today’s news digest!

Follow Aaron on Nostr or X. Perhaps the biggest cultural shift in my eleven years in Bitcoin has been the transition from tinkering techies emphasizing “don’t invest more than you are willing to lose”, to the Michael Saylors of this world telling everyone to sell their house, car and wife (and then go into debt) […]

The Terra Classic community is preparing for a supply shock that the LUNC coin could soon face. This is based on a court settlement that has mandated Terraform Labs to burn the tokens in their possession.  Court Orders LUNC Burn As Part Of Terraform Labs Settlement Terraform Labs is set to carry out LUNC burns […]

The former CEO of Aussie crypto exchange, Mine Digital, has been charged with fraud by the Australian Securities and Investment Commission. The charges relate to a specific AU $2m+ transaction, where a customer deposited the funds in order to purchase Bitcoin. Rather than buy BTC, it’s alleged Mine Digital’s CEO instead used the funds to […]

From $0.015 to Projected $15: Qubetics’ 93,800% ROI Awaits While Litecoin and Quant Rally Gains Momentum In today’s financial ecosystem, challenges like slow transaction speeds, lack of interoperability, and market volatility continue to hinder efficiency and adoption. Qubetics ($TICS) rises to meet these challenges by integrating blockchain innovation with familiar financial networks. Through advanced wallet […]

Ripple co-founder Chris Larsen is financially backing Vice President Kamala Harris ahead of the imminent 2024 US presidential election. The Ripple executive chairman says he will donate $10 million in XRP tokens to the Democratic nominee. “It’s time for the Democrats to have a new approach to tech innovation, including crypto. I believe Kamala Harris […]

State securities regulators across North America are grappling with an unprecedented wave of technology-driven investment fraud. According to an annual enforcement report released Tuesday, investigations into digital assets and social media scams reached record levels in 2023. Crypto and Social Media Scams Drive Record US Securities Probes The North American Securities Administrators Association’s (NASAA) 2024 […]

Brad Garlinghouse and other crypto executives have directly contributed to John Deaton’s Senate run, and Ripple has funded one of the PACs supporting him.

TL;DR Binance and Crypto.com lose market share to smaller competitors and DEXs. Bybit and OKX are taking advantage of Binance’s drop, significantly increasing their share. Trading volumes on DEXs have grown, reaching 13.6% of total trading volumes. The cryptocurrency ecosystem is undergoing a remarkable transformation, with centralized exchanges like Binance and Crypto.com losing ground to […]

QCP Capital’s latest market update highlights the influence of the upcoming U.S. elections on financial markets, with a particular focus on cryptocurrencies like bitcoin (BTC). Analysts predict increased volatility as the elections near, with potential outcomes shaping investor sentiment and price movements. QCP Analysts Link U.S. Elections to Crypto Market Movements QCP Capital‘s analysts observe […]

During an appearance at a cryptocurrency conference earlier this year, Trump said he wanted the U.S. to become the “crypto capital of the planet.”

American institutions are making ripples in the cryptocurrency market, having invested a staggering $13 billion in spot Bitcoin ETF shares since its inception in January 2024. Many people are surprised by this move, given that traditional financial institutions were first hesitant to enter the world of digital assets. According to CryptoQuant CEO Ki Young Ju, […]

Bitcoin bull Robert Kiyosaki reveals best asset right now, and it is not cryptocurrency or gold

Introduction Bitcoin development today focuses on two major issues: (1) scaling and (2) privacy. The usual proposals to Bitcoin involve adding new opcodes and scripting tools. But an old idea is coming back, one that could make transactions more private and peer-to-peer. Right now, every Bitcoin transaction is broadcast to the entire network for verification. […]

Gary Gensler’s most recent public appearance on Bloomberg kick-started (admittedly sarcastic) speculation that the SEC Chair might actually be a huge Bitcoin fan. The controversial regulatory leader wished Bitcoin’s whitepaper a “happy sweet sixteen” as the market enters a new era of maturity. Despite the nice sentiment, Gensler backed up the SEC’s tactic of regulation […]

Founder of Tudor Investment, Paul Tudor Jones, told CNBC he’s long on Bitcoin, gold and commodities — predicting that inflation is set to increase following the US election on the back of increased government spending and promised tax cuts. Tudor Jones says that given the US government’s terrible debt situation, which is forecast to worsen […]

Ethereum is still struggling to overcome a critical resistance level despite recovering nicely in the past months. The price will remain trapped in a range until it finds a breakout. Since Ethereum found a local bottom at $2,111 two months ago, it has recovered notably and shown signs of reversal. Following a higher low pattern […]

Nigerian government dropped all money laundering charges against the detained Binance executive Tigran Gambaryan, local media publication Premium Times reported. The decision was revealed two days before a previously scheduled hearing, marking the culmination of months of diplomatic interventions. However, the case against Binance itself continues. The company faces allegations of laundering millions of dollars […]

Bernstein’s report is the latest in a series of bullish forecasts from institutional market researchers ahead of the November US presential election. 

With only 15 days left until the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, it’s scheduled to follow just two days after the U.S. election on Nov. 7. As of now, market forecasts via CME Group’s Fedwatch tool are leaning toward a 25 basis point (bps) reduction in the target rate. The Fed’s […]

The SEC has listed cryptocurrency as one of its main examination priorities for 2025, highlighting its importance in regulatory oversight.

At press time, Dogecoin was found to have gained significantly as it jumped to $0.141556 following a 1.77% growth that occurred within the last 24 hours. In a week, the meme coin has gone pretty high at a 30% increase which propelled its 24-hour trading volume to $1.9 billion with an upsurge of 35%. Positive […]

Billionaire hedge fund manager Paul Tudor Jones says that the US is heading towards financial ruin if the government doesn’t get its spending under control. In a new interview on CNBC, the Tudor Investment Corporation founder says that either large reductions in government expenditures or the raising of taxes is necessary to reign in the […]

The foundation behind Avalanche (AVAX) is partnering with payments giant Visa for a new crypto spending card product. In a new announcement, The Avalanche Foundation introduces the Avalanche Card, a new card that allows users to pay with crypto at Visa-accepting locations. “Introducing the Avalanche Card! Spend your WAVAX, USDC, sAVAX, and more wherever Visa […]

TL;DR Bitcoin has outperformed Ethereum this week, driven by a 14% increase following the Fed’s rate cut. Institutional interest in BTC remains higher, with futures at record highs, while ETH faces slower adoption. Demand for ETH has declined, surpassed by altcoins and Layer 2 solutions that have shown better performance. In the last week, Bitcoin […]

London, United Kingdom, October 24th, 2024, Chainwire Peanut launches a beta of the first self-custodial offramp, allowing users to directly cash out any token on 20+ EVM chains to their bank accounts—without relying on centralized exchanges. This beta feature is being rolled out in the EU and US first. This new beta feature creates an […]

XRP faced increased market activity amid broader crypto market sell-off

Follow Frank on X. This morning, River announced its Bitcoin Interest on Cash feature through which it will offer a 3.8% interest rate — paid out in bitcoin — on the dollars you leave in the custody of the platform, which is FDIC insured up to $250,000. This yield is comparable to what you’d earn […]

On Oct. 22, Chainling announced the results of its industry-wide corporate actions initiative involving major financial players such as Euroclear, Swift, UBS, Franklin Templeton, and Sygnum Bank. Blockchain ecosystem partners included Avalanche, ZKsync, and Hyperledger Besu networks. The oracle provider successfully demonstrated how artificial intelligence, oracles, and blockchains “can solve a decades-long unstructured data challenge […]