Genesis Digital Assets (GDA), one of the world’s largest Bitcoin mining companies, has announced plans to expand its recently launched Texas data centre to 400 megawatts. The ambitious phase two scaling highlights GDA’s commitment to Texas as a mining hub, leveraging the state’s renewable energy and pro-innovation policies. GDA’s Rowdy Data Center in Vernon is […]

Elon Musk’s tweet about Grok and Brazilian judge threatening to ban X caught attention of crypto community

Bitcoin has recently shown signs of recovery, reclaiming the $61,000 level after a brief but sharp decline earlier this week. This bounce back in price has sparked renewed interest among the crypto community, with many closely watching for the next key moves in the market. Particularly, this latest price action has led to various analyses, […]

A widely followed crypto analyst is updating his outlook on when Bitcoin (BTC) could pull off a reversal into bullish territory. In a new video update, crypto strategist Benjamin Cowen tells his 809,000 YouTube subscribers that Bitcoin could continue to print bearish price action until the end of 2024. “How long could the lower high/lower […]

Exploring Top Altcoins of September 2024: The Rise of BlockDAG Presale, Tron, and Cardano The crypto universe is on the brink of a breakthrough as the consolidation phase winds down, heralding a bullish wave. Amidst this exciting pivot, Cardano is catching the eye with its bustling network activity, hinting at a price surge as it […]

The leading Bitcoin layer-2 network, Stacks, has commenced implementing its Nakamoto upgrade, which will enhance functionality and integration with its base blockchain. According to a press release shared with CryptoPotato, Stacks began the Nakamoto Activation Sequence on August 28. The process has four key steps, including the final code delivery, Cycle 92; the upgrade period […]

A US District Court Judge dismissed the lawsuit, saying that “no reasonable investor” could rely on Musk’s Dogecoin tweets for investment decisions. 

Deep-pocket cryptocurrency companies are racking up sports deals, with Polkadot being the latest to become a sponsor of Club Internacional de Fútbol Miami, better known as Inter Miami. The Polkadot brand will first feature on Inter Miami’s assets starting from Saturday’s match. Another Big-Ticket Sports Sponsorship Under the agreement, the blockchain company has gained the […]

The CEO of Binance has responded to allegations that the cryptocurrency exchange seized all funds from Palestinians at the request of the Israeli Defense Forces. Ray Youssef, CEO of Noones, criticized Binance, accusing it of yielding to external pressures and engaging in discriminatory practices. He called for a boycott of Binance and supported platforms that […]

While cryptocurrency is associated with libertarian ideology and the industry's spending has had a partisan tilt toward Republicans, crypto super …

Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn’t want the whole world to know, but a secret matter is something one doesn’t want anybody to know. Privacy is the power to selectively reveal oneself to the world. Bitcoin finds itself yet […]

TL;DR Nvidia’s Q2 Earnings Beat Expectations: Nvidia reported revenue of $30 billion for Q2 2024, a 15% increase from the previous quarter, but its stock price fell despite the strong performance. AI Tokens React Negatively: Major AI-related cryptocurrencies, including FET, TAO, and RNDR, experienced significant dips following Nvidia’s earnings report, highlighting the market’s high expectations. […]

TL;DR Aptos integrates the privacy platform Nillion to enable confidential applications such as private DeFi, AI assistants, and secure games. Nillion employs advanced technologies like MPC and FHE encryption, enhancing data privacy and ensuring private interactions with AI models. The addition provides new tools for creating decentralized applications (DApps) that handle highly sensitive data securely. […]

Franklin Templeton, trillion-dollar asset managers, have become part of the blockchain scene with the release of their Bitcoin ETF and dedicated Web3 development team. The institution is expanding its reach, releasing a report on the benefits of DeFi Lending Protocols and how they compare to current TradFi investments. The report shows that DeFi networks like […]

XRP could be poised for big price jump, but is it just hype?

Bitcoin price remained stable above the $58,500 support zone. BTC is struggling and could only start a steady increase if it clears $61,500. Bitcoin is struggling to rise above the $60,200 and $61,500 resistance levels. The price is trading below $61,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line […]

The number of new crypto ATMs in Australia has surged 17 times over the past two years, but TRM Labs has warned about their use in scams, fraud, and crime.

Largely followed crypto analyst Altcoin Sherpa is warning that more weakness is ahead for one large-cap memecoin. The pseudonymous trader tells his 221,500 followers on the social media platform X that Dogecoin (DOGE) could depreciate by over 10% from its current level, even after bleeding more than 20% this month. Sherpa says, “Pains me to […]

Investors Flock to Pawfury: 100 Million PAW Tokens Sold, $5.6 Million Raised in Record-Breaking Presale Pawfury, the latest sensation in the cryptocurrency world, has just shattered expectations with its presale, selling 100 million PAW tokens and raising a staggering $5.6 million in record time! This explosive growth is creating a frenzy in the crypto community […]

The Singapore-based cryptocurrency exchange Crypto.com has partnered with Standard Chartered, the leading multinational banking institution, to offer fiat services to retail users worldwide. According to a press release shared with CryptoPotato, Standard Chartered will provide the exchange with banking and payment solutions to enable the deposits and withdrawals of the United States dollar (USD), the […]

… defrauding investors by hyping the cryptocurrency dogecoin and conducting insider trading, causing billions of dollars of losses.

A solo Bitcoin miner has made headlines by successfully mining block number 858,978 on the Bitcoin blockchain, earning a reward of 3.275 BTC, valued at $199,098 at the time. The block, mined earlier today, contained 2,391 transactions, according to blockchain data. JUST IN: A solo miner just mined a block worth 3.275 #Bitcoin worth $199,098. LEGEND 🤯 […]

Telegram CEO Pavel Durov was reportedly unaware of an arrest warrant issued against him in France, according to a source from the Paris prosecutor’s office. The French investigation was not linked to any U.S. actions. Neither President Emmanuel Macron nor the French foreign ministry were informed in advance of Durov’s arrest or presence in France. […]

Read U.Today’s news digest to find out about the latest events in the crypto industry!

Ethereum price started a recovery wave from the $2,400 zone. ETH is now struggling to gain pace for a move above the $2,600 resistance zone. Ethereum started a recovery wave above $2,500 and $2,550. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend […]

Crypto analysts think that the declining Bitcoin supply on exchanges suggests “something is happening” that could support a bull market, provided demand “continues to grow.”

Crypto strategist Michaël van de Poppe predicts that if Bitcoin (BTC) flips one key level into support it will soar into the $70,000 range. The analyst tells his 723,800 followers on the social media platform X that if Bitcoin crosses the $61,000 level on the daily chart it could break out to test its all-time […]

New data from market analytics platform Chainalysis reveals that “pig butchering” schemes are the most lucrative type of crypto scam in 2024. In its 2024 crypto crime mid-year report, Chainalays reveals that pig butchering – or a scheme where bad actors use online personas to slowly gain the trust of their victims to encourage them […]

TL;DR Binance plans to launch $BNSOL on Solana, highlighting the growing importance of liquid staking in the DeFi economy. $BNSOL will allow users to stake SOL without losing liquidity of their tokens. The initiative could increase the total value locked (TVL) on Solana and attract more users to its DeFi ecosystem. Binance has revealed its […]

TL;DR Polygon Ventures led a $20 million funding round for EMC, focused on integrating computing power with decentralized AI. EMC will launch a Layer 1 blockchain designed to enhance GPU computing capabilities in AI and DeFi projects. The fusion of AI and blockchain is expected to drive crypto adoption and add $20 trillion to global […]

Cryptocurrencies, led by Bitcoin, may be set for a strong recovery as central banks, particularly the U.S. Federal Reserve, prepare to ease monetary policy, according to market analysts. The anticipated rate cuts are expected to inject fresh liquidity into financial markets, boosting risk assets like equities and crypto despite current market uncertainties. Still, analysts are […]

Dogecoin extended bearishness this week after facing resistance in the preceding week. It has found a grip above $0.095 following a small gain but there’s still room for drops if the bearish pattern continues to play. After witnessing a three-week recovery from the monthly dip, Dogecoin initiated a drop and slipped slightly under the $0.1 […]