Crypto trader Kevin Svenson believes Bitcoin (BTC) is headed close to $100,000 following this week’s marketwide tumble. Svenson tells his 79,000 YouTube subscribers that Bitcoin has formed a bullish divergence pattern on the daily chart. A bullish divergence occurs when the price of an asset is trading down or sideways while an oscillator such as […]

Reliance of Ethereum on Layer-2 scaling solutions causing chaos, warns leading crypto expert

Bitcoin’s price was stopped ahead of $63,000 but has managed to defend the $60,000 level after an immediate retracement. The altcoins are quite sluggish on a daily scale, with XRP, ETH, and SOL in the red, while TON has risen by more than 4%. BTC Dominance on the Rise Last weekend was quite painful for […]

TL;DR Vitalik Buterin transferred 3,000 ETH (worth $8 million) to a multi-signature wallet, sparking speculation about a potential donation. Multi-signature wallets enhance security by requiring multiple private keys for transactions, highlighting Buterin’s commitment to privacy and security. Buterin has a history of significant crypto donations, including over $1.2 billion to the Indian Covid-Crypto Relief Fund and […]

Macro guru and Real Vision CEO Raoul Pal is highlighting one smart contract-enabled blockchain token that he believes has potential. Pal tells his one million followers on the social media platform X that the native token of the layer-1 blockchain Sui (SUI) is “starting to look very interesting from a price perspective.” “…I’m looking at […]

Venture capitalist and investor Chris Burniske believes that the crypto market is setting up for a massive bull run. A partner at digital asset venture firm Placeholder tells his 297,500 followers on the social media platform X that he believes crypto is gearing up for a big upside burst after this week’s marketwide correction, buoyed […]

NEAR Protocol’s new Chain Signatures technology allows smart contracts to sign transactions across blockchains like Bitcoin and Ethereum. This feature eliminates the need for multiple wallets and manual bridging, simplifies DeFi access and reduces dependency on separate gas fees. Co-founder Illia Polosukhin heralds this as a major step toward expanding and diversifying the Web3 user […]

The government of President Javier Milei has created a security-focused artificial intelligence (AI) unit that will use learning algorithms and other technologies to supervise the internet and predict crimes before they happen in Argentina. The unit, created last week, has caught attention in social media due to its similarities with how police act in the […]

… cryptocurrency assets. The team worked closely “with local authorities, especially the Financial Intelligence Unit, conducting thorough …

Although Bitcoin has seen a noticeable rebound following its negative price performance on the red Monday witnessed this week, the asset now appears to be at a critical juncture, according to prominent crypto analyst Benjamin Cowen. Cowen disclosed in a series of posts on X that Bitcoin faces what traders call a “death cross”—a technical chart […]

Critics argue that the US Federal Reserve’s actions are a significant overreach and could stifle innovation in the cryptocurrency sector.

BlockDAG Overpowers Stacks and Ethereum ETFs with $1M Daily Gains – Presale Hits $65M Mark  While Stacks (STX) has made headlines with its price jump to over $1.80, market unpredictability suggests potential downturns ahead. Concurrently, Ethereum ETFs have drawn significant attention, boosting trading volumes as Ethereum’s price crosses $3,345. However, the spotlight firmly belongs to […]

Bitcoin recovery continues with price of first cryptocurrency finally exceeding $62,000

TL;DR Ripple was fined $125 million, far less than the $2 billion the SEC initially sought, leading to a 20% spike in XRP’s price. The token’s future rally depends on factors like market conditions and legal developments, with possible further gains influenced by Bitcoin’s performance. Is XRP Setting the Stage for a New Peak? The […]

Bitcoin spot ETFs recorded their largest inflows in over two weeks on Thursday, totalling $192.5 million. This comes after Bitcoin dipped below $50,000 earlier this week amid a global market selloff. NEW: 🇺🇸 #Bitcoin ETFs saw $192 million in inflows, the highest in over two weeks. The tides are turning 🚀 pic.twitter.com/y7Ra6NK4jA — Bitcoin Magazine […]

XRP surged by more than 27% in the 24 hours after a judge issued a long-awaited order in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs. In an order filed on Wednesday, District Judge Analisa Torres imposed a $125 million civil penalty against the San Francisco-based payments company. In March, the SEC […]

This week’s Crypto Biz examines Hong Kong’s crypto ETF market, Morgan Stanley’s green light for Bitcoin funds, Xapo Bank license in the UK, and Core Scientific’s billionaire deal with CoreWeave.

TL;DR Ripple has begun testing its stablecoin RLUSD on XRP Ledger and Ethereum, but it is not yet available for purchase or trading. RLUSD is designed to complement the XRP token and compete with stablecoins such as USDT and USDC, which dominate the market. The XRP token has lost 6.4% of its value in the […]

According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and Garantex. In a post on social media, the CEO said any Okx accounts receiving deposits from sanctioned entities, including Garantex and Tornado Cash, will trigger compliance risk control, ultimately leading to account closure. Similarly, any […]

Authorities have recovered $63500 for a person in Cheshire who lost tens of thousands to a cryptocurrency scam that has left multiple victims.

Investors face a plethora of choices, each promising unique benefits and potential returns. Among the latest discussions is the choice between investing in Ethereum (ETH) ETFs and the newly launched Mpeppe (MPEPE). Market experts are diving deep into which of these options offers better long-term value. Let’s explore why Ethereum (ETH) ETFs and Mpeppe (MPEPE) […]

Ripple receives a generic injunction to comply with securities laws, seemingly not affecting operational changes for ODL sales. The case’s outcome did not prohibit XRP sales, leading to a 25% surge in price, signalling market optimism that the case is over. However, MetaLawMan predicts a likely SEC appeal, because of the case’s potential impact on […]

Ran Neuner, historically a strong supporter of Ethereum, had previously shifted some of his holdings to Solana and favours it over ETH. Despite Ethereum’s recent ETF approval, he believes ETH has underperformed so far. While Neuner points to poor sentiment, he suggests that buying the dip in Ethereum, if one believes in its fundamentals, could […]

Read U.Today’s news digest to find out what’s going on in industry!

Wells Fargo, Morgan Stanley and Bank of America are among a group of Wall Street banks accused of bilking customers out of billions of dollars in interest payments, according to a new report. The U.S. Securities and Exchange Commission is probing the banks to determine whether they purposefully directed clients toward “cash sweep” accounts that […]

Crypto Investor Rush! BlockDAG Heats Up Achieves $65M Milestone, While Toncoin & MATIC Face Hurdles Toncoin is approaching a critical level at $6.80, drawing close attention from market analysts for a potential breakout. At the same time, Polygon (MATIC) is encountering resistance at $0.51, with rising NFT sales possibly triggering a near-term price reversal. Meanwhile, […]

The City of Santa Monica’s Bitcoin Office has announced a one-day Bitcoin open-source festival scheduled for October 18th, with the date subject to change. The event, held in partnership with the Proof of Workforce Foundation, aims to provide education on various aspects of Bitcoin, including mining, investment, and the broader implications of Bitcoin in the […]

TL;DR The layer-2 solution, Shibarium, is launching a hard fork on August 9, launching a burn mechanism. Shibarium continues to advance with upgrades aimed at improving transaction speed, scalability, and lowering costs, fostering the development of the Shiba Inu ecosystem. The Upcoming Development Shibarium – Shiba Inu’s layer-2 scaling solution – continues to make the […]

Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000.

With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone. Tether’s $1.26B Growth Fuels Stablecoin Expansion Not long ago, the crypto market […]

State authorities on Friday returned more than $60000 worth of cryptocurrency from a Connecticut resident who fell victim to a phishing scam.

Dogecoin (DOGE) enthusiasts are feeling the heat as the popular memecoin experiences a sharp decline. Once a symbol of internet humor and a community favorite, Dogecoin (DOGE) is now facing significant challenges. The current price dip has sparked frustration and concern among its holders, who are questioning the coin’s future trajectory. As Dogecoin (DOGE) struggles […]