Nigeria's crackdown on cryptocurrency donations heightens tensions as inflation surges and protests against rising living costs intensify. Written …

MATIC, the native token of the Ethereum sidechain Polygon, has had it rough in the past five months. After soaring above $1.2 in March, the token has been in freefall, dumping over 65%. For now, MATIC faces strong rejection at $0.45 and continues to distribute, which is evident in the daily chart. The lull across […]

Base has soared to become the biggest Ethereum L2 by a hefty margin, experiencing over 2x more daily transactions than its closest competitor. Popular decentralised Oracle network Chainlink has teamed up with Base to provide a suite of tools for dApp developers. The most recent integration includes Chainlink Data Streams, which will allow fast and […]

Australia’s consumer and trading laws regulator, the ACCC, has told the Federal Court that over half of the cryptocurrency ads appearing on Facebook are either in breach of Facebook’s terms of use or are potentially scams. This claim comes as part of a case the ACCC launched against Meta in 2022, claiming the social media […]

In mid-August, bitcoin’s price dipped below $60,000, hitting a low of $56,646 per BTC on Thursday. Currently, BTC is hovering just above $58K, sitting at $58,267, which is about 20.2% lower than its all-time high (ATH) of $73,737 reached on March 14. While BTC has seen a 20.2% drop from its ATH, several other leading […]

Crypto hater Peter Schiff sounds ‘anti-gold’ alarm as Bitcoin price skyrockets

The co-founders of crypto analytics platform Glassnode predict a six-figure price tag for Bitcoin (BTC) by 2025. In a new thread, Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,000 followers on the social media platform X that the crypto king will skyrocket to $100,000 by next year. However, the […]

The Lava Loans protocol (v2) is a scheme designed by Lava building upon Discreet Log Contracts (DLCs) to facilitate a trustless Bitcoin collateralized loan system. The huge implosion in the market last cycle caused by centralized platforms facilitating Bitcoin backed loans showed that left unchecked, such products and services can present a massive systemic risk […]

In March, a jury convicted Bitcoin Fog founder Roman Sterlingov of four counts related to money laundering through the operations of the crypto mixing service.

100K Users & Counting! BlockDAG’s X1 Mining App Draws Bitcoin Cash & Filecoin Investors in August As the crypto winds shift once more into correction mode, certain players like Filecoin and Bitcoin Cash manage to catch the bullish breeze. Yet, this instability churns the crypto waters, compelling participants to cast their nets towards newer, vibrant […]

TL;DR Defiance ETFs launches MSTX, the first Bitcoin-related leveraged ETF in the U.S., offering 175% long daily exposure to MicroStrategy. MicroStrategy’s stock, with a higher beta than Bitcoin, provides amplified exposure to Bitcoin, making MSTX attractive to sophisticated investors. MicroStrategy holds 226,500 Bitcoins, and its stock has surged 92.54% YTD, outpacing Bitcoin’s 38.52% increase, drawing […]

Gas fees on the Ethereum network have been declining since March 2024, but last week, they hit a level not seen in the past five years. Data on the crypto analytics platform Dune shows that the median Ethereum gas fee fell below 2 gwei last week for the first time since 2020. Median Ethereum Fees […]

Financial disclosure shows presidential nominee owes $500m in civil penalties but sheds little light on solvency.

Cosmos is presently held between a rock and a hard place in the market, according to crypto analyst Alan Santana. To him, this is a very opportunistic time for long-term investors, most especially those with a bullish outlook. He feels that ATOM is currently trading at quite a remarkable discount from the highs posted, hence […]

A popular crypto trader says a potential chart pattern indicates Ethereum (ETH) could be on the verge of a correction. The analyst Ali Martinez tells his 69,400 followers on the social media platform X that ETH could be forming a rising wedge, a technical pattern that is typically interpreted as a bearish signal that indicates […]

An interoperable Ethereum (ETH)-based decentralized finance (DeFi) platform is skyrocketing after suddenly gaining support from Binance. In a new announcement, the world’s largest crypto exchange platform by volume says that it will be adding futures contracts for interoperability protocol Synapse (SYN). “To expand the list of trading choices offered on Binance Futures and enhance users’ […]

Indian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances. The exchange emphasized that both solutions require ongoing legal analysis and urged users not to panic. Wazirx acknowledged users’ frustration but cautioned that drastic actions could cause further delays. Wazirx’s Update on Top Priority Post […]

Bitcoin (BTC) has slipped below $58,000, experiencing abnormal volatility

Spot Bitcoin ETFs experienced a total outflow of US$81.4 million, translating to 1,415 BTC amidst market fluctuations. Only BlackRock’s IBIT and Franklin Templeton’s EZBC recorded net inflows, with IBIT not seeing net outflows since 1 May, now holding 348,609 Bitcoin. The newly approved MSTX leveraged ETF by Defiance, targeting MicroStrategy, saw a remarkable US$22 million […]

Coinbase has reported that updated 2Q 2024 13-F filings indicate a notable increase in institutional inflows into U.S. spot Bitcoin ETFs, which the company views as a “promising indicator” for the Bitcoin market. The 13-F filings, released on August 14, reveal that institutional ownership of these ETFs grew from 21.4% to 24.0% between Q1 and Q2 of […]

The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures.

The cryptocurrency revolution has spurred significant changes within the landscape of financial technology and banking services over the last decade. Cryptocurrency ATMs have been a key driver in making digital currency more accessible to the masses. For crypto enthusiasts like myself, watching this transformation has been particularly rewarding. These machines offer a convenient bridge between […]

Sol’s bullish bias has continued to suspend amid the latest meltdown. It has turned bearish again after seeing a short but significant recovery last week. The price is down 8% weekly, looking poise for a big crash.  The recent price recovery from a monthly low of $110 appeared to have ended after failing to sustain […]

A United Arab Emirates court has recognized cryptocurrencies as a mode of salary payment in a landmark ruling affecting employment contracts. According to a report by Lexology, the ruling by the Dubai Court of First Instance starkly contrasts a decision taken in a similar case and highlights the growing adoption of cryptocurrencies in the UAE. […]

Former President Donald Trump owns more than $1 million worth of cryptocurrency and up to $250000 in gold bars along with the portfolio of golf …

The Head of Research at the on-chain analytics firm CryptoQuant has explained why Bitcoin may be at risk of seeing a further drawdown. Bitcoin Is Still On Verge Of Bear Market In This Indicator In a new post on X, CryptoQuant Head of Research Julio Moreno has discussed the latest trend in the Bitcoin Bull-Bear […]

TL;DR BitVM2 Enhancements: The new BitVM2 framework significantly reduces the number of transactions needed for verification from 70 to just 3, making Bitcoin transactions more efficient and programmable. Permissionless Challenging: The updated version introduces “permissionless challenging,” allowing anyone to contest suspicious transactions, enhancing security and transparency. Decentralized Governance: BitVM2 doesn’t require changes to Bitcoin’s underlying […]

On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time in over a decade. Back when the funds were initially secured by the P2PKH (Pay to Public Key Hash) address, they were valued at $151,970. […]

Take a look at what U.Today has prepared for you in our latest crypto news digest!

₿trust, an initiative committed to supporting open-source Bitcoin developers based in the Global South, has announced the recipients of its Q3 Starter Grants and the new members of its ₿trust Open-Source Cohort. 1/ 📢 Announcing the ₿trust Q3 Grants! We're excited to announce the recipients of our Q3, 2024 ₿trust Starter Grants and the Open-Source […]

The DAO bolstered its framework and community by enabling ARB staking and enhancing token utility and security.

Shark Tank billionaire Mark Cuban is throwing his weight behind Vice President Kamala Harris in the upcoming US Presidential election. According to multiple reports, Cuban spoke last night at the Crypto4Harris virtual event. The event sought to support Harris in her upcoming campaign while also calling on her current administration to end its “crackdown” on […]