Indian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances. The exchange emphasized that both solutions require ongoing legal analysis and urged users not to panic. Wazirx acknowledged users’ frustration but cautioned that drastic actions could cause further delays. Wazirx’s Update on Top Priority Post […]

Bitcoin (BTC) has slipped below $58,000, experiencing abnormal volatility

Spot Bitcoin ETFs experienced a total outflow of US$81.4 million, translating to 1,415 BTC amidst market fluctuations. Only BlackRock’s IBIT and Franklin Templeton’s EZBC recorded net inflows, with IBIT not seeing net outflows since 1 May, now holding 348,609 Bitcoin. The newly approved MSTX leveraged ETF by Defiance, targeting MicroStrategy, saw a remarkable US$22 million […]

Coinbase has reported that updated 2Q 2024 13-F filings indicate a notable increase in institutional inflows into U.S. spot Bitcoin ETFs, which the company views as a “promising indicator” for the Bitcoin market. The 13-F filings, released on August 14, reveal that institutional ownership of these ETFs grew from 21.4% to 24.0% between Q1 and Q2 of […]

The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures.

The cryptocurrency revolution has spurred significant changes within the landscape of financial technology and banking services over the last decade. Cryptocurrency ATMs have been a key driver in making digital currency more accessible to the masses. For crypto enthusiasts like myself, watching this transformation has been particularly rewarding. These machines offer a convenient bridge between […]

Sol’s bullish bias has continued to suspend amid the latest meltdown. It has turned bearish again after seeing a short but significant recovery last week. The price is down 8% weekly, looking poise for a big crash.  The recent price recovery from a monthly low of $110 appeared to have ended after failing to sustain […]

A United Arab Emirates court has recognized cryptocurrencies as a mode of salary payment in a landmark ruling affecting employment contracts. According to a report by Lexology, the ruling by the Dubai Court of First Instance starkly contrasts a decision taken in a similar case and highlights the growing adoption of cryptocurrencies in the UAE. […]

Former President Donald Trump owns more than $1 million worth of cryptocurrency and up to $250000 in gold bars along with the portfolio of golf …

The Head of Research at the on-chain analytics firm CryptoQuant has explained why Bitcoin may be at risk of seeing a further drawdown. Bitcoin Is Still On Verge Of Bear Market In This Indicator In a new post on X, CryptoQuant Head of Research Julio Moreno has discussed the latest trend in the Bitcoin Bull-Bear […]

TL;DR BitVM2 Enhancements: The new BitVM2 framework significantly reduces the number of transactions needed for verification from 70 to just 3, making Bitcoin transactions more efficient and programmable. Permissionless Challenging: The updated version introduces “permissionless challenging,” allowing anyone to contest suspicious transactions, enhancing security and transparency. Decentralized Governance: BitVM2 doesn’t require changes to Bitcoin’s underlying […]

On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time in over a decade. Back when the funds were initially secured by the P2PKH (Pay to Public Key Hash) address, they were valued at $151,970. […]

Take a look at what U.Today has prepared for you in our latest crypto news digest!

₿trust, an initiative committed to supporting open-source Bitcoin developers based in the Global South, has announced the recipients of its Q3 Starter Grants and the new members of its ₿trust Open-Source Cohort. 1/ 📢 Announcing the ₿trust Q3 Grants! We're excited to announce the recipients of our Q3, 2024 ₿trust Starter Grants and the Open-Source […]

The DAO bolstered its framework and community by enabling ARB staking and enhancing token utility and security.

Shark Tank billionaire Mark Cuban is throwing his weight behind Vice President Kamala Harris in the upcoming US Presidential election. According to multiple reports, Cuban spoke last night at the Crypto4Harris virtual event. The event sought to support Harris in her upcoming campaign while also calling on her current administration to end its “crackdown” on […]

Bitcoin approaches US$57K amid a market downturn, with the Fear & Greed Index solidly indicating fear, suggesting it may be a buying opportunity. CryptoQuant points to the NUPL metric nearing a critical point, historically a pivot for market downturns, potentially leading Bitcoin to fall to US$40K. Despite bearish signs, there’s room for recovery, while analysts […]

The Open Network (TON) is teaming up with Pyth Network, a popular Oracle protocol, to enhance dApp development on the TON platform. Pyth will provide real-time, high-fidelity data feeds and potentially help TON scale to a broader audience. The collaboration aims to empower TON developers with better tools for creating innovative applications and sound in-game […]

Bybit has announced its expansion into Latin America. The company has registered as a Virtual Asset Service Provider (VASP) and card operator in Argentina. This move makes Bybit one of the first to offer a full range of digital asset services in the Argentinian market. Argentina’s recent establishment of the VASP registry marks a step […]

HTX, one of the world's top three cryptocurrency exchanges, made a significant impact at the Istanbul Blockchain Week (IBW) 2024, held on August …

Bitcoin is trading for $59,545, a slight increase of 0.5% in the past 24 hours. Although little, this surge in its price is quite noteworthy as it comes against the backdrop of Bitcoin’s price plunging as low as $57,812 earlier today. Regardless of this modest recovery, a recent analysis by a CryptoQuant author on the […]

Batch 21 To End Soon! Buy into BlockDAG Before The Next Price Jump – Plus, Solana & Helium Insights Solana Investors are buzzing with anticipation as the market sends mixed signals, while Helium (HNT) Price is on a roll, showing impressive gains. These two coins are making waves as some of the best cryptos of […]

Bitwise reports that U.S.-based institutional investors continue to demonstrate strong support for Bitcoin through spot ETFs, with around 66% either maintaining or increasing their holdings. This trend comes amidst market volatility and declining prices during Q2. Surge in Institutional Filings Bitwise’s chief investment officer, Matt Hougan, highlighted this trend in an August 15 post on […]

As of today, the market capitalization of tokenized U.S. Treasuries stands at an impressive $1.92 billion, reflecting a $110 million increase since July 9, 2024, marking a 6.08% rise over roughly five weeks. Blackrock’s BUIDL continues to lead the pack among tokenized Treasury assets by market cap, experiencing a $14.85 million uptick in just 38 […]

Coinbase’s staggering Bitcoin stash highlighted

One decentralized exchange (DEX) altcoin is on the verge of the “mother of all squeezes,” according to a popular crypto analyst. The pseudonymous trader known as The Crypto Dog tells his 810,100 followers on the social media platform X that he’s bullish on the native token of GMX, a DEX that operates on the Arbitrum […]

Real Vision analyst Jamie Coutts believes Bitcoin (BTC) could be on the cusp of a massive rally based on one factor historically associated with bullishness. Coutts says momentum in global liquidity is “starting to accelerate higher, ” offering the perfect bullish setup for Bitcoin. The Real Vision analyst says that these conditions coincide with “all […]

TL;DR Launch Date Announced: Shiba Inu’s marketing lead, Lucie, announced that liquid staking on the Shibarium network will officially launch on September 18, 2024. Liquid Staking Details: Users can stake BONE tokens through K9 Finance and receive knBONE, a liquid staking derivative token that can be traded or used as collateral in DeFi platforms. Testing […]

TL;DR U.S. Ether ETFs recorded a negative net inflow of $39.21 million on Aug. 15. Since launch, these funds have accumulated a total negative net flow of $405.11 million. The total trading volume of Ethereum ETFs reached $240.58 million on August 15. The US Ether ETF market has recently faced an unexpected turn. On August […]

UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions.

Few assets have had as wild of a journey over the past decade as Bitcoin, with the leading crypto poised to make further waves in 2024. Despite all its ups and downs, Bitcoin still reigns supreme with the largest cap of any crypto and unquestionable dominance amongst retail traders and adoption. With this in mind, […]

MSTX is MicroStrategy’s first leveraged ETF, breaking trading volume records on its first day. The ETF provides leveraged exposure to Bitcoin through MicroStrategy’s stock, making it a unique investment vehicle for sophisticated investors. The launch occurred during a period when many ETFs experienced significant outflows, totaling approximately US$81.6M, contrasting with MSTX’s strong performance. The Securities […]