TL;DR Bitcoin Runes Protocol: Generated $162.4 million in fees from over 15.6 million transactions in just four months, highlighting its significant impact on the NFT market. Transaction Trends: Initially saw over 300,000 daily transactions, peaking at over one million on April 23, but has since declined to around 50,000 daily transactions. Future Prospects: Despite a […]
TL;DR Total value of tokenized treasures exceeds $2 billion. Growth driven by private credit and US Treasuries is trending upward rapidly. The average yield to maturity is 4.94%, with a very short weighted maturity of 0.11 years. The tokenization of US Treasuries has reached a new milestone by surpassing $2 billion, consolidating itself as one […]
Another high-profile sports sponsorship deal by a cryptocurrency exchange has been announced with the partnership of Gate.io with FC Internazionale Milano (Inter Milan), one of the top Italian football clubs. However, the financial details of the deal remain unknown. New Sleeve Sponsor for Inter Milan According to the announcement yesterday (Sunday), the cryptocurrency exchange’s branding […]
Toncoin is in a precarious position as it tumbles to $4.6, with bears eager to push prices even lower. With key support levels hanging by a thread, the big question on everyone’s mind is whether the bulls can muster enough strength to defend it or if a further drop is on the horizon. As uncertainty […]
More than two dozen Wall Street firms including Bank of New York Mellon and Truist have agreed to pay a massive collective fine to US regulators. The financial companies are handing over $470 million to the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to settle charges that the firms […]
Robert Kennedy Jr. has chosen to withdraw from the US presidential race to support Republican nominee Donald Trump. In a speech addressing the nation, Kennedy said he’s backing Trump’s campaign to save the next generation of Americans. “I asked myself what choices must I make to maximize my chances to save America’s children and restore […]
Fundstrat’s Tom Lee says that financial markets are currently betting on a Donald Trump victory this November. In a new interview with CNBC, Lee says that markets believe that Trump’s odds of winning are higher than what the traditional polls show. “To an extent, I think that the markets are believing Trump’s probabilities of winning […]
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to […]
[PRESS RELEASE – Singapore, Singapore, August 26th, 2024] WEEX Exchange, a leading name in global cryptocurrency trading, is pleased to announce the highly anticipated listing of DOGS USDT Perpetual on August 26, 2024, at 21:00 (UTC+8). This event is part of a special WEEX WE-Launch initiative, offering traders an exceptional opportunity to engage with the […]
According to the blockchain-powered prediction market Polymarket, bettors are giving Telegram founder Pavel Durov a 36% chance of being released this month. Durov was taken into custody by French judicial police at Le Bourget airport in France, facing allegations related to facilitating crimes such as fraud, terrorism, and drug trafficking. Polymarket’s $200K Gamble: Will Durov […]
Bitcoin witnessed its largest weekly return of 10% since early July, but early signs indicate that the markets remain uncertain about where BTC price might go next.
Solana has had a strong bounce back from its lows of the past two years following the FTX crash as a result of recent upgrades. Experts now consider Solana a strong contender for new decentralized apps and smart contracts, drawing comparisons to Ethereum (ETH) as investors look to pick. However, the new platform ETFSwap (ETFS) […]
Bitcoin bull Max Keiser slams XRP and Cardano in reaction to Pavel Durov’s arrest
Sui's (CRYPTO: SUI) price has decreased 4.99% over the past 24 hours to $0.96. This is contrary to the coins performance over the past week where …
Cardano (ADA) has been stuck in a challenging position for the past few years, struggling with stagnant price growth despite being one of the most popular altcoins in the space. A crypto analyst has offered insights into why Cardano has underperformed while also maintaining an optimistic outlook and predicting a 1,000% rally to new highs […]
A closely followed crypto strategist believes that overleveraged Bitcoin (BTC) bears are about to get wiped out. The anonymous host of the YouTube channel InvestAnswers says he sees a short squeeze coming for BTC. A short squeeze happens when traders who borrow an asset at a certain price in hopes of selling it for lower […]
TL;DR Digital investment product revenues hit $533 million, highest amount in five weeks Bitcoin stands out with inflows of $543 million, while Ethereum faces outflows of $36 million. The United States leads in inflows, followed by Hong Kong and Switzerland; Germany experiences outflows. Last week, the digital asset market has seen a significant increase in […]
Bitpanda Technology Solutions and CoinMENA have partnered to expand crypto trading services in the Middle East. Licensed as a crypto asset platform under the Central Bank of Bahrain and Dubai Virtual Asset Regulatory Authority (VARA), CoinMENA aims to utilize Bitpanda’s digital infrastructure to meet the growing demands of its users. Expanding Crypto Asset Offerings According […]
A DeFi Saver user fell victim to a novel phishing attack, and a clipboard hijacker discovered at hackathon, plus new windows vulnerability
Ronin-based massively multiplayer online role-playing game (MMORPG) Forgotten Runiverse is entering open beta on Monday, with the move positioned as a significant step forward in the franchise’s quest to become a household name. “I see this open beta as our first real coming out party,” Bearsnake, pseudonymous co-founder and COO of Forgotten Runes—the broader universe […]
The founder of popular messaging and community app Telegram, Pavel Durov, has been arrested in Paris. The arrest comes as local authorities investigate Durov’s role in mismanaging Telegram and facilitating criminal activity on the platform. Telegram believes Durov has done nothing wrong and will fight tooth and nail if charges are pressed. Meanwhile, Toncoin, a […]
Binance announced that it has prevented over $2.4 billion in losses from potential scams and fraudulent activities that could have impacted more than 1.2 million users from January to July 2024 owing to its risk management measures. According to the official press release shared with CryptoPotato, Binance employs an internal risk engine that provides 24/7 […]
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador will offer bitcoin certification for public servants, Mercado Libre launches an in-house developed dollar-pegged stablecoin, and Paraguay keeps seizing illegal bitcoin mining operations. El Salvador to Educate 80,000 Public Servants on […]
In the ever-evolving world of cryptocurrencies, meme coins continue to capture the imagination of investors. Among these, Dogecoin (DOGE) and Mpeppe (MPEPE) have emerged as a potential millionaire-making combination for those willing to seize the opportunity. Both coins are currently on an upward trend, and the time to invest might be now if you’re aiming […]
Make sure you are up to date with latest events in crypto industry with U.Today’s news digest!
Over the past 12 months, Bitcoin's price jumped 134% as XRP's price rose 14%. Over the past five years, Bitcoin's price surged 487% while XRP's …
The largest non-exchange holder of Solana (SOL)-based memecoin dogwifhat is continuing to accumulate WIF, according to on-chain data. Blockchain tracking firm Lookonchain says the Solana address that begins with “mmEAfW” has recently accumulated hundreds of thousands of WIF. “The largest holder of WIF spent 1.54 million USDC to buy 800,556 WIF at $1.92 again! This […]
The past 24 hours have seen TON through another downturn following a sharp drop under $6. While it appears highly bearish daily, it may roll back to the yearly low if the price breaks below its five-month support. After witnessing multiple rejections at around $7 in the last two weeks of recovery, Toncoin initiated a […]
Altcoin traders could send MATIC, SUI, RENDER and TAO higher if Bitcoin manages to continue trading above $64,000.
The price of XRP is yet to embark on a bullish trajectory but many crypto analysts continue to remain bullish. Among these analysts is EGRAG Crypto, a figure well-known in the crypto community for his consistently ultra-bullish perspective on XRP. In a recent detailed analysis shared on the social media platform X, EGRAG expressed his […]
Bitcoin has enjoyed a strong weekend, pushing up 10% thanks to the US Fed’s promise of interest rate cuts coming in September. The global market has in general calmed since the early-August crash, with fears of a recession appearing overstated. Aussie analyst Jason Pizzino mirrors these thoughts, arguing that intense human emotion has driven wild […]
The current U.S. benchmark rate for massive overnight money market loans from the central bank is in the range of 5.25% and 5.5%. When Powell spoke in Jackson Hole, Wyoming, on Friday, markets expected more signals of a regime of interest rate cutting ahead. Instead, he went a step further and explicitly endorsed rate cuts. In […]