Financial institutions are likely in the process of positioning themselves for the launch of spot Ethereum (ETH) exchange-traded fund (ETF), according to a VanEck analyst. Matthew Sigel, head of digital assets research at VanEck, says that hedge funds are front-running the approval of ETH ETFs in the US. Sigel cites data from K33 Research showing […]
Traditional finance (TradFi) is starting to take the lead on tokenizing real-world assets (RWA), says blockchain data tracker Kaiko Analytics. According to a new Kaiko Research post, TradFi giants like Fidelity, JPMorgan, and BlackRock are leading the new wave of RWA tokenization using crypto. “Last week, Fidelity International announced its participation in JPMorgan’s tokenized network, […]
Company Name: Mi Primer Bitcoin Founder: John Dennehy Date Founded: August 2021 Location of Headquarters: El Salvador Amount of Bitcoin Held in Treasury: Approximately 0.5 BTC Number of Employees: 21 Website: https://miprimerbitcoin.io/ Public or Private? Private (Non-profit) John Dennehy wants to change the world — and he believes that Bitcoin education is a means to […]
The crypto industry has been a crucial topic in the electoral campaign for the November US presidential elections. This year, presidential candidates have embraced cryptocurrencies to obtain the industry’s support. As a result, the community has capitalized on the momentum with Memecoins. PolitiFi tokens, a new memecoin category inspired by political figures, have performed remarkably […]
The SEC’s enforcement division said it’s closing its investigation into Ethereum, though Consensys says the fight isn’t over yet.
The price of bitcoin (BTC) fell below the $65,000 mark on Tuesday, reaching a low of $64,050 on Bitstamp. At 10:10 a.m. Eastern Time, BTC was trading at around $64,624 per coin. The last time BTC was in this price range was mid-May. Over the past 24 hours, $68.3 million in bitcoin long positions have […]
TL;DR Tokenization Milestone: Infineo has minted the first-ever tokenized life insurance policies on the Provenance Blockchain, worth $9.4 million, paving the way for secondary markets and peer-to-peer transactions. Revolutionizing Life Insurance: By digitizing policies, Infineo aims to make life insurance globally accessible, prevent the loss of unclaimed benefits, and introduce cost savings in the $3 […]
TL;DR Market Stability: Despite Bitcoin’s price volatility, over 87% of its circulating supply is held at a profit, with an average unrealized gain of +120%, indicating sustained investor confidence and a healthy market. Reduced Activity: There’s a noticeable decline in market activity, including on-chain settlement, spot market trades, and exchange inflows, suggesting a period of […]
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The newly launched AI capabilities allow real-time market monitoring and prediction of cryptocurrency trends, enhancing trading efficiency and …
A closely followed analyst says altcoins showing relative strength amid the latest crypto correction will be the first to print new highs this year. Analyst Jason Pizzino tells his 108,800 followers on the social media platform X that he’s keeping an eye on altcoins that are printing bullish higher low setups. “Strong altcoins continue to […]
The anticipation for the Spot Ethereum ETFs is building up, with many crypto whales already feeling the fear of missing out (FOMO). This FOMO has led these crypto whales to withdraw their Ethereum (ETH) tokens from the US exchange Coinbase. They are also seen to have gone all in on ETFSwap’s (ETFS) ongoing presale. Crypto […]
Ethereum generated the most fees among the top twenty protocols over the past 30 days with around $180 million, according to new data from Token Terminal. On June 17, the crypto analytics platform reported that Ethereum was way ahead of other blockchains, which were dominated by layer-1 chains and DeFi protocols, with only one layer-2 […]
Bitcoin (BTC), the largest cryptocurrency on the market, has again taken the lead in the crypto landscape. However, this time it comes with a sense of caution among investors triggered by macroeconomic data, particularly from the United States. In addition, the resulting outflows of over $600 million from the primary market of the digital asset […]
Learn about the devastating “infinite mint attack” in cryptocurrency. Understand how hackers exploit vulnerabilities to create unlimited tokens, causing massive inflation and price crashes.
Binance CEO Richard Teng is revealing his latest crypto predictions as Bitcoin (BTC) hovers in the mid-$60,000 range. In a new interview on the Bankless YouTube channel, Teng predicts that Bitcoin will soar past $80,000 before the year’s end. His prediction for 2025 is for Bitcoin and other digital assets to have an even better […]
A trader known for making timely altcoin calls thinks that one memecoin is gearing up for a big upside burst. Pseudonymous analyst Bluntz tells his 261,500 followers on the social media platform X that while he’s medium-term bearish on meme token dogwifhat (WIF), he thinks the altcoin is poised for a big bounce. According to […]
Solana-based cryptocurrency Beercoin has begun to show weakness after monumental early success. However, another Solana-based meme coin, Sealana, is just days out from its exchange launch, and analysts are hopeful that it could explode next. BEER Plunges Over 30% as Crypto Prices Tumble It’s been a challenging time for anyone who bought Beercoin this week […]
Hirsch has dispelled rumors about joining a Solana-based meme coin factory
… cryptocurrency market. By enhancing trading efficiency, bolstering security measures, and expanding international user reach, PTOUNX is shaping up …
TL;DR Alloy is a new Tether digital asset backed by gold, named aUSD₮, combining the stability of the precious metal with blockchain technology and cryptocurrencies. Designed to replicate the value of the US dollar, it uses XAU₮ as collateral on Ethereum, providing transparency and efficiency through smart contracts. Alloy offers financial stability and liquidity, and […]
The latest chart analysis by crypto analyst @Cryptobilbuwoo0, published via X, offers a compelling narrative for XRP’s potential upward trajectory when juxtaposed against the total cryptocurrency market capitalization. The analyst emphasizes key technical indicators and historical patterns, suggesting that XRP might be on the brink of a significant bullish phase. XRP Price Poised To “Bounce” […]
Recently, significant attention in the cryptocurrency market has been drawn towards Algotech, a project that has garnered the interest of prominent investors. Surprisingly, leading supporters of Solana (SOL) have been rapidly investing in this emerging algorithmic trading platform. This surge in funding, along with optimistic technical signals, has led many analysts to forecast a probable […]
Last week marked a notable shift in the dynamics of the crypto market. Bitcoin (BTC) lost over 6% of its value, and U.S. spot Bitcoin exchange-traded funds (ETF) broke their 20-day inflow streak with outflows running into hundreds of millions of dollars. According to the latest Bitfinex Alpha report, bitcoin’s plunge was mainly caused by […]
Bitcoin-based NFTs recorded a sales volume of $148 million in the last 30 days, according to CryptoSlam.
Former Coinbase executive Balaji Srinivasan thinks crypto will serve as the money of an artificial intelligence (AI) age. Srinivasan tells his 1 million followers on the social media platform X that crypto represents “digital scarcity” and AI represents “digital abundance.” He notes that AI won’t make everything abundant, however. “What is money after generative AI […]
Cryptocurrency, a secure digital or virtual currency like Bitcoin and Ethereum, operates on a decentralized blockchain network, offering transparency …
Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to over 20 EH/s by the end of the month. Publicly Listed Miner Cleanspark Obtains 5 New Mining Facilities The newly acquired sites, which range from […]
U.Today’s news digest helps you take a closer look at the latest events in the crypto industry
Beercoin, the effervescent Solana-based meme coin that promised a taste of financial freedom, is experiencing a hangover of epic proportions. After a meteoric rise in price earlier this month, Beercoin has come crashing down, plummeting by nearly 70% in a matter of days. This dramatic decline reflects a confluence of factors, including a broader crypto […]
The chief executive of Coinbase says that he wants the top US crypto exchange platform to eventually become their customers’ go-to financial account. In a new interview on CNBC Television, Coinbase CEO Brian Armstrong says that his company plans to roll out new features that could compel customers to use the platform as their main […]
TL;DR Toncoin (TON) is showing strong performance with a current price of $7.83, having recently reached an all-time high (ATH) of $8.24. TON’s Total Value Locked (TVL) has surpassed $600 million on its blockchain, driven by growth in protocols like DeDust. Integration with Telegram has bolstered its adoption, especially through “play-to-earn” games and the introduction […]