The recent release of the US inflation data, showing a cooling to 3.2%, has had a noticeable impact on Bitcoin, and the cryptocurrency market in general. The data, which was lower than many market pundits’ expectations, has led to a mixed reaction in the crypto market. In the lead-up to the release of the inflation […]
The co-founders of Opyn, a prominent DeFi options protocol, have announced their departure from the company and the crypto industry. This decision comes in the wake of charges filed against Opyn by the Commodity Futures Trading Commission (CFTC) in September. Opyn’s Co-founders Announce Departure from Crypto Opyn co-founders CEO Zubin Koticha and Alexis Gauba recently […]
With its clear regulations, Dubai is becoming a hub of crypto companies as HEX Trust became the latest to secure a Virtual Asset Service Provider (VASP) license from the city’s Virtual Asset Regulatory Authority (VARA). HEX Trust Is Expanding Global Presence The new license will allow HEX Trust to offer Virtual Assets Custodial Services to […]
The recent Bitcoin (BTC) price surge has ignited renewed interest and confidence among investors, leading many to believe that the BTC bull run is accelerating. According to trader and crypto analyst Adrian Zduńczyk, Bitcoin has reached a new 52-week closing high and has maintained a close above the previous high of $32,000 for three consecutive […]
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Under U.K. Prime Minister Rishi Sunak, former Economic Secretary Andrew Griffith will become the next minister of state in the Department for Science, Innovation and Technology.
Closely followed crypto analyst Jason Pizzino is saying that the altcoin season has yet to begin even though some digital assets are now surging. In a new strategy session, Pizzino tells his 293,000 YouTube subscribers that based on a historical pattern, the true altcoin season will arrive sometime around October 2024. He bases his prediction […]
Shark Tank star Kevin O’Leary says a new crypto exchange is coming that will take business away from the industry’s leading giants. In a new interview with Fox Business, the venture capitalist says the days of the “crypto cowboy” are long gone. O’Leary says that a new firm based in Abu Dhabi called M2 will […]
Amid rampant speculation about its possible approval of a Bitcoin spot ETF, the Securities and Exchange Commission (SEC) today issued itself a report card of sorts, declaring that it had a “highly productive and impactful year” when it came to enforcement actions related to cryptocurrency and digital assets. “Investor protection and enhancing public trust in […]
Which altcoins can withstand fall of Bitcoin (BTC)?
Uniswap, a leading decentralized crypto exchange, has expanded its mobile footprint with the launch of its Android Wallet. The beta version of the mobile wallet for Android devices was finally unveiled today, following the successful launch of its iOS mobile app on April 13, 2023. Before its formal launch, the Uniswap wallet underwent a series […]
Coinbase (NASDAQ: COIN) has listed SOL perpetual futures on its international exchange and Coinbase Advanced. The launch occurred earlier today, November 14. Avalanche’s AVAX is another major cryptocurrency to get listed on both platforms. We’ll see two major trading pairs this week: SOL-PERP and AVAX-PERP. @CoinbaseIntExch will add support for Solana and Avalanche perpetual futures […]
On Monday, news quickly spread after a BlackRock XRP ETF filing popped up on the Delaware Corp. Commission website. The filing has since been claimed to be false. But the damage was already done as the token’s price surged quickly before reversing. One interesting development from this event though was a curious correlation that emerged […]
In the latest financial report, Argo Blockchain plc (LSE: ARGO), a publicly-listed cryptocurrency mining company, detailed a period of mixed financial results for Q3 2023. The company implemented strategic measures that led to improved operational efficiency and cost reductions notwithstanding a net loss over the same period. Q3 Performance Uptick for Argo Blockchain amidst Market […]
A popular crypto trader has a long-term bullish outlook on the blockchain scaling solution Polygon (MATIC) as well as two additional altcoins. The pseudonymous digital asset analyst known as Rekt Capital tells his 368,100 followers on the social media platform X that MATIC is “on the cusp of entering a new macro uptrend” after taking […]
Unciphered detailed a cryptocurrency wallet threat it dubbed 'Randstorm' that attackers could exploit to access private keys.
Two of the founders of crypto options platform Opyn are stepping down from leadership roles to pursue other aims, but Opyn will continue under new leadership.
Find out what happened in the world of crypto over the weekend with U.Today’s news digest
Chicago Board Options Exchange (Cboe) Digital announced today its plans to introduce trading and clearing in margin futures on Bitcoin, commencing January 11, 2024. This move positions Cboe Digital as the first U.S. regulated cryptocurrency native exchange and clearinghouse to facilitate both spot and leveraged derivatives trading on a unified platform, according to the announcement. […]
Bitcoin’s price and trading volume are on the rise, along with its open interest in Bitcoin options reaching unprecedented levels, surpassing $17 billion. A previous all-time high of $16.35 billion had been recorded just before this latest surge. Market Hype Continues for Bitcoin Options Investors possess the right to buy or sell an asset at […]
Blockchain security firm SlowMist has cautioned about a surge in phishing attacks carried out by impostors posing as journalists on the recently launched decentralized social network friend.tech. It was first flagged on October 14, when Twitter user Masiwei reported a malicious code targeting friend.tech for account theft. As per the SlowMist Security Team’s investigation, the […]
An XRP and crypto enthusiast on X (formerly Twitter) has announced the launch of the newest version of the XRP Ledger, highlighting core updates and new functionalities on the upgraded ledger. XRP Ledger New Version XRP enthusiast, Krippenreiter has released the latest details on the newly upgraded XRP ledger on an X post on November […]
In a surprising turn of events, traders of XRP, the digital currency developed by Ripple, have reportedly suffered losses amounting to $7 million. This comes in the wake of rumors surrounding BlackRock, the world’s largest asset manager, and its alleged shift in focus from Bitcoin to XRP. The rumors, which originated from dubious social media […]
Crypto.com’s Dubai entity, CRO DAX Middle East FZE, has been granted a Virtual Assets Service Provider (VASP) Licence for specified virtual asset service activities by Dubai’s Virtual Assets Regulatory Authority (VARA). Offering Regulated Services with VARA’s Approval The VASP Licence, subject to the fulfillment of select conditions and localisation requirements defined by VARA, will enable […]
The “X1” network will be part of the Polygon ecosystem and use zero-knowledge proofs to bridge assets from Ethereum.
Jim Cramer makes another prediction and, not surprisingly, it fails again but in favor of crypto bulls
Boyaa Interactive, a Hong Kong-based gaming company, revealed plans for a potential investment in cryptocurrencies, including Bitcoin, as this endeavor seeks to enhance the Group’s asset allocation strategy. Following an earlier voluntary announcement in August 2023, Boyaa’s Board views BTC and crypto acquisition as pivotal for its business expansion and asset allocation strategy. The company […]
Bitcoin price is consolidating gains below the $37,000 zone. BTC could gain bullish momentum if there is a close above the $36,800 and $37,000 levels. Bitcoin is holding gains above the $36,000 support zone. The price is trading below $37,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming […]
ACC 2023 was underway November 11-12 in Melbourne, with 250 industry leaders, 139 speakers and thousands of visitors. Michael Saylor, speaking remotely, attracted a large audience with his talk on Bitcoin’s potential. Saylor predicts its integration into mainstream finance and a future value of US$ 10 million per BTC. ChainLink executive discussed ChainLink’s role in […]
Solana appears to have found its first key resistance as buyers seem to pause. Key Support levels: $67 Key Resistance levels: $44 1. SOL Rally Takes a Pause Solana tried to reach the key resistance at $67, but sellers stopped it at $65. It appears selling is intensifying, which could signal that the current rally […]
FTX and BlockFi have received the approval to resume proceedings for the negotiation of claims settlement in the aftermath of BlockFi’s bankruptcy filing last year. This step allows FTX to present its arguments, paving the way for a potential settlement between the two firms. BlockFi filed for bankruptcy in November 2022, citing the effects of […]
The six individuals, supported by crypto exchange Coinbase, have taken a case involving the U.S. Treasury sanctioning Tornado Cash to federal appellate court.