Stablecoin issuer Circle plans to move its legal base from Ireland to the US, according to recent court filings, Bloomberg reported. This action is significant for the company behind the second-largest stablecoin, USDC, ahead of its anticipated initial public offering. The decision to shift its legal base has significant implications for Circle, particularly in terms […]
In a new disclosure, investment management company Millennium Management has revealed holdings of almost $2 billion in spot Bitcoin ETFs. This revealing was made through a SEC 13F-HR institutional investment manager holdings report filed today, and underscores the increasing interest and investment in Bitcoin ETFs by major institutional players. JUST IN: 🇺🇸Millennium Management discloses it holds $2 […]
TL;DR pSTAKE Finance is launching a liquid staking solution for Bitcoin in collaboration with Babylon Chain. The goal is to drive the growth of BTCfi by offering a direct avenue to generate BTC staking returns. The collaboration leverages pSTAKE’s expertise in liquid staking solutions and Babylon’s innovation in staking protocols for BTC. The cryptocurrency ecosystem […]
TL;DR Binance has launched the Funding Rate Arbitrage Bot for automated arbitrage strategies. The bot takes advantage of financing fees on perpetual futures contracts and their equivalents in the spot market. It offers users the opportunity to earn stable income through arbitrage strategies without being exposed to significant risks of price volatility. Binance, one of […]
A representation of cryptocurrency Ethereum is placed on a PC motherboard in this illustration taken June 16, 2023. STORY CONTINUES BELOW THESE …
Macro investor and fund manager Dan Tapiero believes Bitcoin (BTC) is gearing up to print fresh all-time highs (ATHs). The CEO of investment firm 10T Holdings tells his 115,600 followers on the social media platform X that Bitcoin could soar more than 45% from its current value if it crosses $65,000 again. “Starting to look […]
Bitcoin price remains stable despite higher-than-expected PPI data release Bracebridge Capital emerges as a top holder of ARKB and IBIT Bitcoin ETFs Institutional backing and macroeconomic factors influence Bitcoin’s market position Higher PPI Data and Its Implications Bitcoin’s price has remained relatively stable following the release of Producer Price Index (PPI) data earlier today, which […]
Bitcoin traded between US$60-62k as memecoins rallied, indicating a potential market bottom. Glassnode reports long-term holders are resuming purchases, signalling a possible price rally. The Bitcoin NUPL metric entered the euphoria phase faster than Ethereum, showing stronger investor confidence. Bitcoin has been trading in a range between US$60-62k (AU$90-93k) for the past week, despite many […]
BlockDAG’s Dashboard Upgrade & $26M Presale Steals Spotlight From XRP-SEC Dispute & TON’s Volatility The crypto market is witnessing fluctuations such as Toncoin’s (TON) price variations and the ongoing legal tussle between XRP and the Securities and Exchange Commission (SEC). BlockDAG has solidified its position in the cryptocurrency presale arena, amassing significant traction and investor […]
Meme coin mania is in full swing, with Pepe (PEPE) and Floki (FLOKI) being two of the hottest cryptocurrencies at the moment. However, traders are already looking for the next potential moonshot, and many see the new Dogeverse (DOGEVERSE) token as a prime contender. Pepe & Floki Lead the Meme Coin Market Surge PEPE and […]
On Wednesday, the price of bitcoin demonstrated strong growth, escalating by more than $4,200 from its daily low. This 7.1% increase against the U.S. dollar propelled bitcoin past the $66,000 threshold, reaching a peak of $66,461 per coin on Bitstamp. Consequently, the entire cryptocurrency market rose by 6.2%, resulting in the liquidation of 51,567 traders […]
BlockTower Capital has fallen victim to a crypto hack
Notcoin, a viral Telegram-based game, has successfully onboarded millions of users into the world of Web3. This straightforward gameplay resonated with users, leading to a peak of six million daily active users and a total player base of 35 million. This article delves into what Notcoin is, how it works, and the exciting opportunities it […]
U.S. officials said the individuals engaged in a “first-of-its-kind manipulation of the Ethereum blockchain” by tampering with its protocols over validating transactions.
The Oost-Brabant district court in the Netherlands has sentenced Alexey Pertsev, co-developer of the popular cryptocurrency mixing tool Tornado Cash, to 64 months in prison for his role in creating and maintaining the platform. The court alleges that Tornado Cash enables “criminal activity and terrorism” by concealing the origin, destination and ownership of the crypto […]
Alexey Pertsev, a developer for the Ethereum-based crypto mixer Tornado Cash, has been sentenced to 64 months in prison after a Dutch court found him guilty of money laundering charges on Tuesday. The judge stated that the platform was “intended for criminals” and that Pertsev should have been suspicious of the criminal origins of transactions. […]
A widely followed crypto analyst is predicting that Bitcoin (BTC) is about to take off on another bull run after chopping around for weeks. Pseudonymous crypto trader Inmortal tells his 213,800 followers on the social media platform X that Bitcoin appears to be mirroring a 2020 pattern of trading around the prior cycle’s all-time high […]
… a cutting-edge scheme to exploit the Ethereum blockchain's integrity and steal $25 million worth of cryptocurrency.
TL;DR OKTO Expansion: OKTO is set to launch its own blockchain and native token, transitioning from a wallet app to a full-fledged Web3 ecosystem, aiming to simplify the user experience for mass adoption. Rewards Program: A new points system will reward users for on-chain activities, with additional benefits for transferring assets to the OKTO Wallet, […]
Novogratz predicts Bitcoin will trade between US$55k and $75k as the market consolidates this quarter. The stagnation follows a bull run driven by US Bitcoin ETFs and the Bitcoin halving, with optimism tempered by strong economic data. Galaxy Digital’s net income surged due to early 2024’s digital asset rally, and the firm is raising US$100M […]
Pertsev received a 5-year sentence for laundering US$2.2bn through Tornado Cash, which was used by cybercriminals. Prosecutors argued Tornado Cash operated like a company and that Pertsev ignored legal obligations. Pertsev’s defence claimed Tornado Cash was decentralised and open-source, but the court disagreed, emphasising legal non-compliance. Alexey Pertsev, the developer of Tornado Cash, has been […]
Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne Finance suspended its Optimism Market and assured that […]
Take a look at the latest news about Ripple, XRP and XRP Ledger with U.Today’s news digest!
A fresh prediction has ignited discussion in the XRP community. Analyst Cryptobilbuwoo is charting an ambitious course for the cryptocurrency, with a potential price target that has some investors excited and others skeptical. Echoes Of 2017: Fibonacci Paints A Bullish Picture Cryptobilbuwoo’s forecast draws inspiration from historical patterns, particularly the XRP rally of 2017. By […]
Robinhood Crypto has chosen Europe to launch its first staking product, offering customers Solana staking with a 5% yield at launch.
BlockDAG’s Development Release 28 Fuels Presale Success, Projects $30 Value By 2030 BlockDAG continues to demonstrate its commitment to innovation and transparency with Development Release 28, which plays a crucial role in building trust and enthusiasm within the cryptocurrency community. Through detailed updates, BlockDAG not only educates but also excites potential investors about its future. […]
Galaxy Digital CEO Mike Novogratz thinks Bitcoin’s price action is in for a lengthy sleeper period until the market “narrative” can rear its head. That narrative can come in one of two forms: either the central bank cuts interest rates, or regulators clear the air on crypto. Bitcoin Needs A New Narrative During a company […]
Although Robinhood may face enforcement actions in the United States for its cryptocurrency offerings, it is expanding its services in Europe further. Today (Wednesday), the brokerage has announced its first crypto staking services for Solana holders, which will be available only to its customers in Europe. Robinhood’s First Crypto Staking Service Apart from staking, the […]
Ah, the wild west. John Wayne, the Man with No Name, Billy the Kid and Jesse James. The frontier has a way of capturing everyone’s imagination – young and old. The cowboys, the outlaws, the gold prospectors. A land of opportunity and harsh cruelty. Unforgiving yet irresistible. Bitcoin was once such a frontier. The early […]
A widely followed crypto strategist and trader says that it’s almost time for Bitcoin (BTC) to reveal its hand. Analyst Michaël van de Poppe tells his 718,100 followers on the social media platform X that Bitcoin is at a point where it either attacks a new all-time high or sees another big sell-off event. According […]
A Boston-based hedge fund has gobbled up $363 million worth of spot Bitcoin (BTC) exchange-traded fund (ETF) shares. Bracebridge Capital has reported owning $262 million worth of the ARK 21Shares Bitcoin ETF (ARKB), $81 million worth of BlackRock’s iShares Bitcoin Trust (IBIT) and $20 million worth of Grayscale Bitcoin Trust ETF (GBTC), according to Eric […]
The popular cryptocurrency exchange Coinbase suffered a system-wide outage early Tuesday morning. Users could not access Coinbase and received a …