The Litecoin network continues its impressive growth trajectory, with the total number of addresses holding a balance now exceeding 8 million. This marks an increase of over a million new hodlers in the past year, according to data from IntoTheBlock. This surge reflects a growing interest and confidence in Litecoin as a robust cryptocurrency asset. […]

Cryptocurrency analyst and trader Kevin Svenson is saying that Bitcoin (BTC) could be on course to reaching a six-figure price. In a new video, Svenson tells his 78,900 YouTube subscribers that since the late 2022 low, Bitcoin’s price action has made a series of strong impulse moves consisting of double-digit to triple-digit percentage points. According […]

TL;DR Galaxy Asset Management, led by Michael Novogratz, has raised $113 million for its new cryptocurrency investment fund. Galaxy Ventures Fund I LP seeks to build a portfolio of approximately 30 investments in emerging startups. The fund will continue to raise funds with the goal of reaching $150 million by next year. Michael Novogratz, the […]

Ethereum ETFs launched with the Grayscale (ETHE) product now totalling over $800m USD in sales. Bitcoin price at the midpoint of a four month range. US economic growth data releases tonight, and inflation metrics tomorrow night. The newly launched Ethereum Exchange-Traded Funds (ETFs) in the US saw a strong start, achieving $1 billion in trade […]

Check out all the important news over the past day in U.Today’s latest digest!

TOKYO, JAPAN – July 26, 2024 – In a significant move to broaden its international reach, Bitcoin Magazine, in collaboration with Metaplanet (TYO), announced the opening of its new office in Tokyo, Japan, on July 26, 2024, at The Bitcoin Conference in Nashville, TN. This initiative underscores a joint commitment to providing localized, high-quality content […]

CB Payments Limited (CBPL) has been fined £3,503,546 by the Financial Conduct Authority (FCA) for breaching a regulatory requirement. The fine is a result of CBPL’s failure to comply with a rule that prevented it from offering services to high-risk customers. CBPL, part of the Coinbase Group, operates a global cryptoasset trading platform. While CBPL […]

The world's oldest cryptocurrency exchange, Bitstamp, is beginning the process of giving back seized digital assets to creditors of Mt. Gox.

The cryptocurrency market has seen a recent downturn, with Cardano (ADA) experiencing a notable decline, dropping below the $0.4233 mark. This drop can be attributed to the recent shift in market sentiment towards a bearish outlook. The critical question now is whether this bearish momentum will continue or if a potential rebound is on the […]

Celebrity-endorsed tokens on Solana (SOL) have crashed dramatically, leaving investors reeling from massive losses.

Harris, who was nominated as candidate for the presidential election when Joe Biden bowed out of the race on July 21, may even speak at the upcoming Bitcoin 2024 conference in Nashville which starts on July 25. On July 24, the CEO of the event, David Bailey, said that they were in talks with the […]

CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong Kong’s markets. This allows traders and investors to speculate on the decline of the cryptocurrency’s value. The product complements other ETF products already available, further establishing the city as an international crypto market. CSOP Asset […]

The investment giant Franklin Templeton says it is actively monitoring five areas of the Bitcoin (BTC) ecosystem. The asset management firm says it is enthusiastic about Bitcoin developments following the approval of BTC exchange-traded funds (ETFs) earlier this year. In particular, Franklin Templeton is monitoring Bitcoin layer-2s, restaking/native yield primitives, ordinals, decentralized finance (DeFi)/runes and […]

All Eyes are on MoonBag’s Best Crypto Coin Presale Soaring at Record Speed! While Cosmos and Tron Face Challenges Scratching your head at the unpredictable swings of Cosmos (ATOM) and Tron (TRX)? MoonBag’s (MBAG) best crypto coin presale might be the celestial solution. Cosmos’s uncertainty due to high volatility, falling interest, and Tron’s centralisation qualms […]

A lot of Mt. Gox users have just received their repayments

Luxury sports car manufacturer Ferrari announced it will expand the ability to pay with Bitcoin and crypto to its European dealerships starting this month. The move comes after Ferrari first began accepting Bitcoin and crypto payments at its US dealers last year. JUST IN: Luxury Cars Manufacturer Ferrari to accept #Bitcoin and crypto payments in […]

TL;DR The Bitcoin Conference will take place in Nashville from July 25 to 27, with confirmed participation from presidential candidates Donald Trump and Robert F. Kennedy Jr. Kamala Harris will not attend the event, despite speculations about her participation to attract crypto voters. David Bailey, the conference organizer, confirmed her absence. Donald Trump now presents […]

TL;DR Mountain Protocol launches USDM on Injective, the ecosystem’s first native yield-bearing stablecoin. USDM, backed by Treasury bonds, offers users an annualized yield of 5%. The integration enables USDM to be used as margin for derivatives trading on the protocol, opening up new applications for asset tokenization. The integration of Mountain Protocol into Injective marks […]

Classic video game publisher Atari has branched into the GameFi sector in collaboration with Coinbase’s Ether L2 solution, Base. The team is launching a blockchain-hosted version of retro arcade game Asteroids, with plans of more to come. The Web3 version of the game will use blockchain tech to record scores, grant NFT access passes and […]

Riot Platforms (NASDAQ: RIOT), the third largest Bitcoin mining company by market capitalization, announced this week its acquisition of Kentucky-based Block Mining for $92.5 million. The deal immediately boosts Riot’s hash rate and expands its geographical footprint beyond Texas into new energy markets. Riot Platforms Acquires Block Mining for $92.5 Million, Expands Bitcoin Capacity The […]

The country is trending in cryptocurrency savings as residents look to find ways to protect sayings and face inflation.

The Shibarium network, an Ethereum Layer 2 network that was developed and launched by the Shiba Inu team, did well following its initial launch in August 2023. However, less than one year following its launch, the Layer 2 network has run into some hard times, losing market share to larger counterparts. This has led to […]

Bitget Wallet’s surge in popularity among Nigerian users highlights its growing appeal in the Web3 space, amidst evolving digital finance trends.

Digital assets-focused investment firm Pantera Capital is highlighting key reasons for why they believe the altcoin market is depressed. In its latest Blockchain Letter, Pantera Capital portfolio manager Cosmo Jiang says that macroeconomic conditions are hurting the crypto market along with fears over a supply overhang and an increase in altcoin projects. Jiang also says […]

The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latter’s central bank digital currency enables cross-border payments, excluding many intermediaries and associated costs. Giesecke+Devrient (G+D) stated that the proof of concept (POC) demonstrated the effectiveness of utilizing digital credentials for international trade and cross-border […]

[PRESS RELEASE – London, England, July 24th, 2024] MoonTaurus, the latest entrant in the cryptocurrency market, has made an impressive debut by raising $100,000 within the first two hours of its presale launch. As the presale continues, the team hopes excitement around MoonTaurus will increase, so it can be positioned as a significant player in […]

Despite setback on Monday, markets are recovering slowly but surely

Bitcoin is much more than a typical online payment system. After all, we have plenty of those: PayPal, Venmo, and the like. Bitcoin and other privately used cryptocurrencies are cash for the internet. Paper cash is an almost perfect way to pay someone. You don’t need an account. It doesn’t care who you are or […]

The ChatGPT maker reportedly will spend some $7 billion on AI testing this year.

Coinbase’s market leadership in the US is under threat, according to crypto market data analytics firm Kaiko Research. In a new report, Kaiko Research says the US crypto exchange landscape has shifted, with a relatively new entrant, Bullish, managing to garner increased market share, even gaining an advantage over Coinbase on some digital assets. “When […]

Coinbase is serving as a custodian for eight of the nine newly approved Ethereum (ETH) exchange-traded funds (ETFs), according to Brian Armstrong, the exchange’s chief executive. Nine Ethereum ETFs kicked off trading in the US on Tuesday, including products from BlackRock, Fidelity, 21Shares, Invesco, Franklin Templeton, VanEck, and Bitwise, as well as two different funds […]

Ripple’s XRP appeared back on a buying spree after undergoing a small pullback last week. It is charging back strongly and is now on the verge of breaking higher following a 6% increase in the past 24 hours. Last week marked a new milestone for XRP as it witnessed a steady surge near April’s high […]