Despite a potential breakout, XRP’s price remains tied to developments regarding the lawsuit between the SEC and Ripple.
The SEC has closed its investigation into Ethereum 2.0, dropping allegations that Ether sales are securities. Consensys argued that recent ETF approvals implied ETH is a commodity, leading to the investigation’s closure. The decision may spark discussions on listing other altcoin ETFs, but Consensys emphasises ongoing challenges in the crypto industry. In a major breakthrough […]
VanEck’s VBTC Bitcoin spot ETF lists on the ASX today, the first such fund to come to the nation’s largest exchange. The ETF’s structure is a ‘feeder fund’, investors in VBTC gain exposure to Bitcoin through VanEck’s US-based HODL ETF. It’s go time! Today’s the day that the first ever Bitcoin spot ETF launches on […]
Bitwise Investments, a prominent cryptocurrency asset management firm that offers diverse investment products and services focused on digital assets, has updated its ether-based exchange-traded fund (ETF) S-1 filing with the U.S. Securities and Exchange Commission (SEC), revealing $2.5 million in seed investment interest. Bitwise’s Ether ETF Filing With SEC Highlights Pantera’s Interest As the spot […]
Bybit, the second largest crypto exchange by spot volumes, announced on Wednesday that it has achieved a major milestone of 30 million registered users worldwide. The company also unveiled Copy Trading Pro, a new platform that enables investors to mirror the strategies of more experienced traders to potentially earn passive income with more consistent returns. […]
Former president Donald Trump is doubling down on his pro-Bitcoin stance, arguing that the USA must lead in Bitcoin and crypto or risk falling behind. Trump has emerged as a vocal Bitcoin advocate while campaigning for the 2024 election. Trump became the first US president to accept Bitcoin lightning payments and oppose central bank digital […]
TL;DR The volume of stablecoin transfers has grown more than 16 times in the past four years, reaching a monthly record of $1.68 trillion in April 2024. ‘Stablecoins’ act as a bridge between the traditional financial system and digital assets. Total market capitalization has increased by 24% this year, surpassing $162 billion. More than 31.1 […]
According to a recent report, Montenegrin Prime Minister Milojko Spajić has been identified as one of the early investors in Terraform Labs. Court documents released by the U.S. Securities and Exchange Commission (SEC) reveal that Spajić invested $75,000 in April 2018, acquiring 750,000 Luna tokens, which at their peak were valued at $90 million. Spajić […]
The cryptocurrency is trading sideways between $4.00 and $7.00. The bulls tried to break through the resistance level three times but were …
Raoul Pal, the co-founder and Chief Executive Officer (CEO) of Real Vision, a financial media platform, has indicated that Solana is on the brink of reversing its bearish trends. The financial expert has predicted a “magnificent autumn rally” for the cryptocurrency in this market cycle. Solana To Witness Major Autumn Rally Solana’s recent downward trend […]
Tornado Cash’s founders and developers are in the legal crosshairs, but the crypto community argues merely writing code shouldn’t be a crime.
Stacks (STX) recently eclipsed the $2 threshold, edging towards its peak of $2.492, thanks to its role as a smart contracts layer for Bitcoin. Kaspa (KAS), too, has witnessed a meteoric 1000% rise over the past year, driven by its smart contract capabilities and robust technical foundation. Amid these dynamics, BlockDAG’s Keynote 2 has revealed […]
PRESS RELEASE. Zilliqa, the high-throughput, low-fee layer 1 blockchain platform, is thrilled to announce its strategic partnership with Gravity Team, a leading algorithmic market maker and liquidity provider in the cryptocurrency space. This collaboration is poised to significantly enhance liquidity within the Zilliqa ecosystem, particularly in global and emerging markets, providing investors with increased access […]
National Australia Bank’s venture capital arm, NAB Ventures, has invested in Zodia Custody, a move that highlights the growing acceptance of cryptocurrency solutions in the traditional banking framework. Zodia Custody’s Australian Expansion Zodia Custody, a platform known for its institution-grade cryptocurrency and digital asset storage, established its operations in Australia in late 2023. According to […]
Following a year of stealth development, Lava is introducing the first two of its suite of financial products—Lava Free Pay and Lava Exchange—poised to transform how we handle digital dollars and access to Bitcoin. In a conversation with Bitcoin Magazine, Lava CEO Shezhan Maredia provided an in-depth look at what these new offerings bring to […]
TOTAL Market Cap: Sparks caution as it re-enters a long-term channel formed at the start of May. Altcoins SMASHED! Massive Outflows: Approximately $600 million was pulled from digital-asset products last week, marking the largest outflow since March. Bitcoin Still Trapped: Bitcoin currently sits at an interim 4-hour support level, with the key daily level at […]
[PRESS RELEASE – Dubai, UAE, June 19th, 2024] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced the launch of the third installment of its (Total Value Locked) Incentive Program. This program is committed to nurturing Web3 ventures that are deployed on BNB Smart Chain (BSC) or opBNB. […]
TL;DR The constant daily selling pressure in the crypto market is approximately $150m-$200m. Token dilution in the crypto market is comparable to inflation in the traditional financial system. The lack of new liquidity coupled with high selling pressure prevents a bull market for altcoins. The cryptocurrency market is currently facing huge selling pressure, estimated at […]
Hashdex wants to launch an ETF that provides combined exposure to Bitcoin and Ethereum
Pollbits.com is a cryptocurrency exchange that is the perfect combination of reliability, innovation and high level of service.
Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, shared his insights on the current state of Bitcoin and the broader cryptocurrency ecosystem, which he described as following: “Bitcoin is ~10% off of ATHs and the timeline appears to be on the verge of cannibalism.” In a series of detailed posts on X, […]
Bitcoin is struggling to bounce off $64,500, increasing the possibility of a deeper correction to $60,000.
Top US crypto exchange Coinbase is listing one Ethereum (ETH) restaking protocol project for pre-launch trading. In a new announcement, Coinbase says that EigenLayer (EIGEN) is now available for trading ahead of its official launch on the platform’s International Exchange and Coinbase Advanced for users in eligible jurisdictions outside of the US, UK, and Canada. […]
In the past day, Justin Sun, the prominent cryptocurrency entrepreneur, deposited 6.22 million CRV tokens ($2.07 million) to Binance at a price of $0.333 per token. Among these tokens, 5 million CRV were acquired from Curve founder Michael Egorov at an over-the-counter (OTC) price of $0.4 last August. In addition to CRV, Sun also transferred […]
On Wednesday at 11 a.m. EDT, bitcoin hovered just around the $65,000 mark. QCP Capital published its market commentary, attributing the downturn in the crypto economy to a lack of news flow and stagnant markets. In such a market, with minimal positive news to spur buying, existing crypto holders may lose confidence and patience. Crypto […]
A Nigerian court has dismissed a fundamental rights enforcement lawsuit filed by Nadeem Anjarwalla, Binance’s executive, the local media publication Vanguard reported. This turn of events occurred following Anjarwalla’s escape from lawful custody to Kenya. The case involves claims against the National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC). Tax Evasion […]
Established in 1930, Tooting Market in South London is an iconic indoor market and the UK’s first food market. It has garnered accolades such as Best Small Indoor Market at the 2017 Great British Market Awards and Tooting is listed among Lonely Planet’s ‘Favorite Lesser-Known Neighborhoods In The World’s Greatest Cities.‘ And now it accepts […]
Drake has flaunted his near-incomprehensible wealth on Instagram, showing off his US $500k stakes on the outcome of two major US finals. The Canadian rapper dropped US $1m betting on the Dallas Mavericks and the Edmonton Oilers to win their respective sports leagues. His rationale for picking each was basically non-existent, deep-rooted in bias. Naturally, […]
Bitcoin has worked its way into the top three networks for all-time NFT sales, leapfrogging Ronin over the past seven days. The move comes on the increased popularity of Ordinals and greater push toward making Bitcoin a DeFi ecosystem, rather than a store/exchange of value. Bitcoin recorded nearly $150m of NFT sales volume in the […]
TL;DR A well-known gaming platform announced its holdings of meme coins like SHIB, DOGE, PEPE, and BONK, integrating “their unique cultures” into its ecosystem. The entity hinted that similar news might follow in the future. Turning Into a Meme Coin HODLer Meme coins have been crypto’s rock stars during this bull cycle, with multiple individuals […]
Read U.Today’s crypto news digest to make sure you are not missing any of the latest events in the industry!