Bitwise CIO Matt Hougan says that investment advisors are adopting Bitcoin (BTC) exchange-traded funds (ETFs) at a faster rate than any other ETFs in history. Hougan responds to a post on the social media platform X by macro strategist Jim Bianco claiming that investment advisors’ adoption of the Bitcoin ETFs is “small.” According to Hougan, […]

The crypto market experienced a notable surge yesterday, with Solana (SOL) breaking past the crucial 4-hour resistance at $130. This breakout has caught the attention of investors, who now anticipate a potential price surge in the coming months as market sentiment remains optimistic. Many analysts are forecasting further gains, pointing to Solana’s recent performance as […]

Eager to find out what happened in the crypto world over the weekend? Check out U.Today’s news digest for all the essential updates!

A record-setting number of users claimed Dogs (DOGS) on the layer-1 blockchain The Open Network (TON) during the new memecoin’s recent airdrop, according to the project’s developers. In a new post on messaging app Telegram, TON developers say that Dogs has become the “largest meme TGE (Token Generation Event) in cryptocurrency history.” The TON blockchain […]

NO BYLINE, THANKS Three major players in the crypto space are teaming up to prevent the improper use of USDT, the largest stablecoin by market cap. Tether says in a new press release that it is teaming up with TRON (TRX) and blockchain intelligence firm TRM Labs to found the first-ever private sector financial crime […]

TL;DR Strategic Partnership: Merlin Chain joins forces with BitcoinOS to launch the BitcoinOS Grail Bridge, a cross-chain bridge using zero-knowledge proofs (ZKP). Improved security and scalability: The integration of BitSNARK will enable cross-chain transactions without centralized trust mechanisms. Testnet Launch: The Grail Bridge will be launched on Testnet in Q4 2024, setting a new standard […]

Global bank Standard Chartered has made its way into the UAE crypto market, officially receiving approval to release its digital asset custody service. Billion-dollar investment managers Brevan Howard have been confirmed as the product’s first clients. Standard Chartered will allow UAE investors to access Bitcoin and Ethereum through the business’ custody solution.  The plan is […]

Bitcoin’s hash rate approaches an all-time high, reflecting strong miner confidence despite low revenue and high production costs. Trading volumes on exchanges have declined, showing decreased interest from investors and speculators. Bitcoin ETFs experience outflows, yet they still attract more attention than Ethereum ETFs. Despite challenging market conditions, miners continue to upgrade hardware, increasing both […]

As the global market cap increases this week, Apecoin’s price increases and reach a new milestone in two months. This came after reestablishing support above $0.5, now sets for a strong recovery in the short-term. After plummeting below its launch price in mid-June, Apecoin advanced bearish and recorded another 50% loss to an all-time low […]

[PRESS RELEASE – San Francisco, CA, September 11th, 2024] EasyA, the world’s leading Web3 education app, proudly announces that it has surpassed one million downloads across iOS and Android. This milestone underscores EasyA’s rapid rise in popularity over the past few years as it’s quickly captured the minds of developers and crypto enthusiasts alike. As […]

The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using CBDC and state participation in Federal Reserve testing. This bill reflects strong opposition to CBDCs and emphasizes […]

The FBI said in its first-ever Cryptocurrency Fraud Report that people ages 60 and older filed more than 16,000 complaints alleging more than $1.6 …

The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new regulatory approach to NFTs.

Out of the ashes emerged a snarling rodent dubbed Max Punk. Open conflict, Whales besting Bored-Apes, the social layer manifest. Bitcoin leaders sent to prison, then freed by massive strike waves. HODL’ers fighting in the streets, power cuts, three-day work weeks, Maxi’s battling for Hashrates, governments brought down, Central Banks crying. The Banksters powerless. The […]

The Bitcoin market has seen some consolidation since Monday, maintaining a price above the $56,000 mark after a brief drop from $65,000 to around $52,600 last Friday.  However, one analyst suggests that the bearish sentiment may still be ongoing, with expectations of a potential revisit to lower levels before a significant upward movement. BTC’s Future […]

As markets continue to evolve and integrate with Web3 — from DeFi to gaming — we’re likely to see an explosion of creativity.

Bitcoin (BTC) miners based in Russia reportedly mined billions of dollars worth of the top crypto asset by market cap last year. According to a new Izvestia report, Sergey Bezdelov, the director of the Russian Industrial Mining Association, said at this month’s Eastern Economic Forum that 54,000 Bitcoin worth over $3 billion were mined within […]

Market has not regained enough momentum for sustained uptrend

Cipher Technologies discovered the cryptocurrency theft during a scrutiny of the accounts and lodged a complaint at the Subramanya Nagar police …

TL;DR Cryptocurrency adoption remains stable in the US, UK, France, and Singapore, according to Gemini’s report. 57% of cryptocurrency owners feel comfortable incorporating cryptocurrencies into their investments. Crypto ETFs, especially in the US, have driven adoption and attracted institutional investment. Cryptocurrency adoption remains stable in key countries for the industry, such as the United States, […]

TL;DR PayPal and Venmo now allow users to send cryptocurrency payments using Ethereum Name Service (ENS) usernames. The new feature, initially available to U.S. users, simplifies wallet address management and reduces transaction errors. It facilitates cryptocurrency adoption and adds to the payment platform’s previous efforts, such as the partnership with MoonPay and the launch of […]

As the US election approaches D-day, analysts continue to discuss its potential impact on the crypto market. Financial institution Bernstein, in a note to their clients, predicted a huge “delta” in Bitcoin’s price depending on the campaign winner. The team believes the crypto market has “warmed” more to Trump than Harris, suggesting a US$50k berth […]

Recent trading days have witnessed over US$700 million in net outflows from Bitcoin ETFs. A brief respite occurred with US$34.6 million in net inflows, despite missing data from major funds like IBIT. Matt Hougan claims Bitcoin ETFs are adopted faster than any in history, overshadowed by larger investor purchases. Investment advisors’ allocations are significant, making […]

Dogecoin recently regained strength after witnessing a massive drop in the past months. While its bearish structure remains intact on the daily scale, it is currently looking bullish following a short rebound. August saw Dogecoin through an end to a broader correction following a monthly back-to-back drop to a local bottom. This brought a reset […]

​​Play-to-Earn (P2E) meme coin Floki is gaining ground with a 3.3% pump today. Meanwhile, another new P2E meme coin, Shiba Shootout, has just raised $1 million at presale. Floki Price Pumps, But Traders Say More to Come Floki’s run might just be starting – analysts forecast huge gains are on the horizon. It’s currently trading […]

Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first client, and the bank plans further expansion into additional digital assets. […]

ENS Labs, the organization responsible for the Ethereum Name Service (ENS), has announced integration with PayPal and Venmo. This move allows users of these popular payment platforms to utilize their ENS names when transferring cryptocurrency. The feature, available initially in the United States, simplifies the process of managing wallet addresses and helps reduce the likelihood […]

Standard Chartered has officially launched its digital asset custody service in the UAE, according to an announcement from the bank. The service has been licensed by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), following a memorandum of understanding signed in May 2023. “The launch of our digital asset custody offering […]

Centrifuge, a real-world asset (RWA) solution and a Parachain, has a plan for Polkadot, a smart contracts platform. In a proposal, the RWA platform suggests that the newly created Polkadot Community Foundation allocates $3 million USDC to their T-Bill pool. This pool is held within the Anemoy Liquid Treasury Fund and aims to serve multiple […]

Metaplanet’s stock has jumped 480% since it unveiled its Bitcoin strategy in April, but the firm is down 13% on its investment.

State Street Global Advisors has announced the launch of three new digital asset and “disruptive technology” exchange-traded funds (ETFs). All three ETFs will be managed by Galaxy Asset Management, an affiliate of Mike Novogratz’s Galaxy Digital Holdings. In a press release, State Street says it is launching the SPDR Galaxy Digital Asset Ecosystem ETF (DECO), […]

Venture capitalist Chris Burniske thinks that the depressed sentiment that has seeped into the crypto market is not warranted. The digital asset veteran tells his 299,600 followers on the social media platform X that both market technicals and fundamentals indicate that Bitcoin (BTC) and crypto are gearing up for higher prices despite gloomy trader sentiment. […]