Billionaire Warren Buffett is buying a “high flying” asset after significantly reducing his exposure to the US banking industry, according to a new report. The renowned investor has sold $10.5 billion of Berkshire Hathaway’s stake in Bank of America since the summer, after selling all of the firm’s JPMorgan Chase and Wells Fargo positions in […]
The crypto exchange-traded fund (ETF) provider 21Shares is now trying to launch an XRP-focused ETF in the United States. The firm filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) on Friday. The proposed product, called “the 21Shares Core XRP Trust,” is a passive investment vehicle that tracks the price of […]
Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls.
A cryptocurrency exchange accused the US government of undermining the cryptocurrency sector orchestrating a campaign against digital currencies.
According to the latest data, the stablecoin economy now holds a value of $172.892 billion, with October adding $555 million to the fiat-pegged token market. Stablecoin Market Continues to Climb Last month saw stablecoins grow modestly, with the market inching up 0.32% from $172.337 billion to $172.892 billion. Leading the pack, tether (USDT) now boasts […]
Is price of Bitcoin (BTC) ready for new peaks?
The Singapore-based digital asset exchange Crypto.com has acquired the US broker-dealer Watchdog Capital in an effort to launch equities trading for American customers. The New Hampshire-based broker is registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a self-regulatory organization that creates and enforces rules […]
A long-dormant crypto whale has woken up after years of slumber to move millions of dollars worth of Bitcoin (BTC), according to on-chain data. New data from market intelligence firm Whale Alert reveals a wallet that has been asleep for more than 12 years has abruptly woken up and sent 159 BTC worth about $11.75 […]
Bitcoin is showing resilience, holding firm above the $69,000 mark after a slight pullback from recent local highs at $73,600. Following weeks of bullish momentum and nearing its all-time high, BTC has settled just below the critical $73,794 resistance, a key level that, if surpassed, would push the cryptocurrency into price discovery mode. According to […]
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish.
According to Odaily, the Russian government has recently introduced a regulatory framework for cryptocurrency mining, following the enactment of a …
M2 Exchange recovered from a $13.7 million security breach within 16 minutes. A security firm said the incident highlights the growing vulnerability of crypto exchanges. Normal Service Restored The United Arab Emirates-based cryptocurrency exchange, M2 Exchange, said it swiftly resolved a security incident on Oct. 31 that involved $13.7 million. The exchange said customer funds […]
A US regulator has announced a settlement with Goldman Sachs and Apple that will send nearly $20 million to Apple customers. The Consumer Financial Protection Bureau (CFPB) says Goldman Sachs and Apple “illegally mishandled transaction disputes” from Apple Card users – accusing Apple of failing to forward a significant number of reported issues to the […]
Leading smart contract platform Ethereum (ETH) is flashing a signal for a potential bounce, according to a popular crypto analyst. The digital asset trader Ali Martinez tells his 76,700 followers on the social media platform X that ETH’s Tom DeMark (TD) Sequential Indicator presented a bullish signal on its four-hour chart. Traders use the TD […]
Can end of week become bullish for Binance Coin (BNB)?
The price of Bitcoin recorded significant leaps in the past month rising by 14.74% according to data from CoinMarketCap. During this price rally, the premier cryptocurrency came close to establishing a new market all-time high, reaching a local peak of $73,149 on October 29. Interestingly, CryptoQuant CEO Ki Young Ju has stated a certain condition […]
MicroStrategy’s Michael Saylor falls for a post about Donald Trump’s position on taxing crypto, Kraken declares “new day.” Hodler’s Digest
After increasing to a three-month high, Sol saw a rejection and initiated drops. It lost grip above a key level and turned weak on the daily scale following a 3% loss in the past 24 hours. The last two months have been a remarkable moment for Sol as the price recovered back near June’s highs […]
Cryptocurrencies are extremely volatile, and this election could have an impact on them for the next four years.
UBS has launched its first tokenized fund, offering institutional-level cash management via Ethereum blockchain to meet the rising demand for digital assets. Behind the Curtain: UBS’ First Tokenized Fund Breaks New Ground in Asia UBS Asset Management announced on Friday the launch of its first tokenized investment fund, the “UBS USD Money Market Investment Fund […]
Dive into the exciting crypto news from the last day of October in U.Today’s news digest!
Solana (SOL) is trading around a crucial demand level at $165, following a pullback from recent highs of $183. This level is pivotal for SOL, as losing it could trigger a deeper correction, putting the altcoin at risk of further downside. However, prominent analyst Carl Runefelt has shared technical analysis indicating that Solana may be […]
BRICS Pay seeks to lessen reliance on the US dollar, reducing sanctions risks and fostering a sovereign financial system for transactions.
While most altcoins have weakened since yesterday, Mask remains strong and has continued to show strength following a massive surge in the past few days. Bouncing off a low of $1.54 three months ago, Mask climbed back slowly and reclaimed the $2 level. However, due to a lack of interest in the market, it consolidated […]
If only those who invest in cryptocurrencies voted in the United States, Donald Trump would win the election by a wide margin. The crypto world is …
A widely followed crypto analyst thinks the top meme asset Dogecoin (DOGE) could kick off a parabolic bull run this month. In a new strategy session, crypto trader Ali Martinez shares a chart with his 76,400 followers on the social media platform X that suggests DOGE is primed to spark a rally based on historical […]
A Wells Fargo customer says she’s done with the bank after an impostor posing as the lender drained $18,883 from her account. Colorado resident Melanie Sponselee says she received an alert on her phone that appeared to be from Wells Fargo asking if she had made a large transaction, reports the NBC-affiliated news station 9News. […]
Web3 gaming company Immutable faces a potential lawsuit from the SEC over its IMX token sale. Regulation by Enforcement Web3 gaming company Immutable announced on Nov. 1 that it had been issued a Wells notice by the U.S. Securities and Exchange Commission (SEC). The notice alleges, but does not specify, violations of securities laws and […]
The largest holder of the meme coin has triggered a 52% price drop
With years of historical data, we can observe the patterns from past bull cycles to become increasingly capable of making predictions about our current cycle. In this analysis, we take a deep dive into when the next Bitcoin peak may occur and at what price level. The Pi Cycle The Pi Cycle Top Indicator is […]
November began with an unexpected downturn in the crypto market as Bitcoin, which had gone on a bull run in the last week of October, rapidly lost its momentum. The highly anticipated “Moonvember” kicked off with an unexpected crash, plummeting from $73,000 on October 31 to $69,000 on November 1 to essentially wipe out $296 […]
NFTs recorded a monthly sales volume of $356 million in October, an 18% increase from the September record low.