US Treasury Secretary Janet Yellen is responding to accusations that the US government and more than a dozen financial institutions have teamed up to spy on Americans’ private bank transactions. The House Judiciary Committee recently published a memo accusing the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) of urging banks to surveil their customers’ transactions […]

Crypto is emerging as a hot topic in the U.S. presidential election this year, with many voters looking forward to hearing their candidates takes on the asset class. Per a Digital Currency Group (DCG) survey of 1201 registered voters conducted last month, about one in five voters view crypto as a major issue in the […]

Rich Dad Poor Dad author Robert Kiyosaki has advised preparing for an economic depression. He emphasized the importance of being ready for the worst, cautioning against the complacency prevalent among many who prefer to “live in Disneyland.” He added that he could see this crisis coming for years, which is why he has adopted a […]

Keep an eye on the latest updates in the crypto industry with U.Today’s news digest!

SEC files final response in its case against Ripple, Grayscale withdraws futures ETH ETF filing, and dormant BTC wallet wakes up after 10 years.

A decentralized cloud computing altcoin has surged by 44% since it completed a mainnet upgrade on May 2nd. Akash Network (AKT) is trading at $5.76 at time of writing, up from around $4.00 prior to rolling out its “Mainnet 11” version earlier this month. The 73rd-ranked crypto asset by market cap is also up nearly […]

r/CryptoCurrency Moons Airdrop refers to the distribution of r/CryptoCurrency Moons tokens to early adopters and supporters.

The memecoin “Jeo Boden” has taken the crypto world by storm, riding on the back of a lukewarm comment from former US President Donald Trump. The whimsical cryptocurrency, a playful misspelling of President Joe Biden’s name, experienced a huge increase after Trump mentioned it at an NFT event in Florida. What was once a subject […]

Bitcoin’s price chart is resembling that of just weeks after the 2016 halving as it hovers around a local bottom, according to crypto traders.

4 Best Altcoins for 2024 Bull Run: BlockDAG Leads with CoinMarketCap Listing and Piccadilly Circus Show, Chosen Over TRON, NEAR, & ATOM Altcoins offer exciting opportunities for investors seeking substantial returns. However, caution is necessary to dodge unsuccessful ventures. As cryptocurrency values are prone to fluctuation, focusing on altcoins with strong growth prospects is essential. […]

On May 11, the American businessman and television personality said if Joe Biden loses the presidential election, “there is a good chance you will be able to thank Gary Gensler and the SEC (Securities and Exchange Commission).” “Crypto is a mainstay with younger and independent voters,” he said before adding that SEC Chair Gensler “has […]

Lesaka Technologies, a fintech startup based in South Africa, recently signed a deal to acquire Adumo, a payment solutions provider, for nearly $86 million. Under the terms of the agreement, Lesaka Technologies will pay Adumo $12.5 million in cash. The funds will be sourced both internally and from external financiers. Lesaka Technologies to Issue Shares […]

Did the hacker get cold feet now after blockchain sleuths started working to track them down?

JPMorgan Chase is preparing for the prospect that its assets in Russia will officially be seized, according to a new report. In a new filing, the bank says lawsuits in Russian and US courts may trigger an incoming seizure of the firm’s assets in the country, reports Reuters. Two weeks ago, a Russian court sided […]

Crypto's Role in Ensuring Economic Equality. As the world grapples with economic inequality, cryptocurrency emerges as a viable solution to help …

Cardano (ADA) looks primed to make that move to the upside, with crypto analyst Javon Marks revealing what could make the crypto token see a 15x increase in its price. Marks’ analysis comes amidst recent price predictions, which paint a bullish outlook for Cardano.  How Cardano Could See A 15x Increase In Its Price Marks […]

Although the altcoin market cap has declined nearly 20% over the past month, traders remain bullish, anticipating that an “explosive rally” phase is yet to come.

Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included options for staking. This change marks a significant pivot from their earlier filings, which had contemplated engaging trusted staking providers to manage part of the trust’s assets. Ark Invest and 21shares Modify Ethereum ETF Proposal, Omit Staking […]

Insane Cardano (ADA) updates just launched on mainnet

There’s a buzz in the crypto trading community surrounding two standout tokens: VELO and UMA. VELO, often dubbed the “XRP of South East Asia,” has seen an impressive surge in its price, gaining 358% in just six weeks. Meanwhile, UMA has caught the attention of traders with a significant 50% increase in value over the […]

Founder and former CEO of Digitex Futures Exchange, Adam Todd, has pleaded guilty to willingly leading the firm to fail to establish an Anti-Money Laundering (AML) program. Notably, the former CEO’s plea was issued in a federal court in the Southern District of Florida on May 7. Former Digitex CEO Pleads Guilty The U.S. Attorney’s […]

JP Morgan and Wells Fargo, two of the largest banks in the United States, have announced their investments into Spot Bitcoin ETFs, unveiling their exposure to BTC, the world’s largest cryptocurrency. This significant development comes amidst the persistent downturn in the crypto market, resulting in BTC’s price dipping slightly above $60,000.  US Financial Banks Expose […]

Bitcoin has almost completed its prime BTC price drawdown phase after April’s halving, the latest analysis confirms.

New data reveals that the overall trading volume of centralized crypto exchanges (CEXs) plummeted in April after six consecutive months of gains. According to blockchain tracker CCData, the combined volume of spot market and derivatives trading on centralized exchange platforms fell by a staggering 43.8% to $6.58 trillion. The firm’s charts indicate that in March, […]

New speculation is swirling within the cryptocurrency market regarding banking giant Citi's potential involvement with select projects.

According to the findings of a Coingecko study, low-float cryptos currently account for 21.3% of the top 300 cryptos by market capitalization. The four cryptos with the lowest float are worldcoin (WLD), cheelee (CHEEL), starknet (STRK), and saga (SAGA) which were all launched in 2023 or 2024. However, among the top 300 cryptos, 74 have […]

Staking infrastructure provider StaFi successfully integrates LRT cryptocurrency by EigenLayer to advance liquid restaking accessibility

Maelstrom Fund, an early-stage crypto investment fund operated by Arthur Hayes’ family office, is expressing bullish sentiment on a relatively new blockchain oracle digital asset. The early-stage fund says that Chainlink (LINK) rival Flare (FLR) is “likely undervalued” currently. “Chainlink’s early mover advantage has given it a sizable head start, with countless projects having already […]

TL;DR Base’s Leadership in SocialFi: Base, an Ethereum L2 solution, now handles 46% of all SocialFi transactions, surpassing BNB Chain and Polygon, and is backed by Franklin Templeton’s declaration of the upcoming “Base Season.” Strategic Growth and User Engagement: Base’s strategic initiatives have led to a daily transaction volume of 1.48 million and a TVL […]

In a significant development in the cryptocurrency landscape, the bankrupt crypto lender Genesis Trading has recently initiated a deposit of $36.45M worth of 34 crypto assets to Gemini, one of the prominent cryptocurrency exchanges. Among the top five assets deposited are 16.4M GRT ($4.83M), 123K INJ ($2.95M), 396M AMP ($2.93M), 32.3K AAVE ($2.43M), and 5.56M […]

TL;DR Bitcoin kicked off 2024 on a high note, achieving a record high over $73,500, though it later dipped to around $63,000. A new bull run may hinge on factors like technological advances, adoption rates, and global events. Key influences on BTC’s future price include potential changes in the US Federal Reserve’s interest rate policies […]

Decentralized and open-source computing platform Akash Network has captured significant attention in the cryptocurrency market as its native token, AKT, has outperformed the top 100 cryptocurrencies with a 2400% price increase year-to-date.  While Bitcoin (BTC) and other major cryptocurrencies experience price corrections, the Akash Network and its native token are surging at a remarkable pace. […]