The Financial Crimes Compliance department of Binance has partnered with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to address a money laundering case involving 200 million New Taiwan dollars ($6.2 million) in digital asset fraud. Gathering Evidence in Crypto Fraud Case An official statement revealed that the operation targeted criminals […]

Today, the Proof of Workforce Foundation, a 501(c)(4) tax-exempt nonprofit organization, has announced the addition of two distinguished members to its Board of Directors: Ajit Singh and Raphael Zagury, according to a press release sent to Bitcoin Magazine. This duo is being brought on to further strengthen the Foundation’s mission to promote meaningful, education-based Bitcoin adoption among […]

TL;DR Fantom’s Sonic upgrade drives a notable increase in the performance of the FTM token, reflecting the success of the platform’s strategic initiatives. FTM rose by 10.20% over the last seven days, reaching $0.8082, an appreciation of 20 cents compared to the previous week. The protocol’s TVL has experienced an 83% growth, from $111 million […]

TL;DR Velar and Bitlayer launch the first perpetual Bitcoin DEX on the layer 2 of the network, driving decentralized financial solutions based on BTC. The DEX will allow leveraged trading of assets, including BTC, without risks associated with centralized custody, expanding investment opportunities. Bitlayer brings advanced infrastructure on Bitcoin’s layer 2, ensuring secure execution of […]

We do the research, you get the alpha! Go to Alpha Reports A purported former Pump.fun employee drained an estimated $2 million worth of Solana from the protocol yesterday. This resulted in wallet provider Phantom blocking the site, a number of tokens getting stuck in bonding curve contracts, and trading being paused. Less than 24 […]

Michaël van de Poppe sold his Bitcoin holdings mid-bull run for altcoins, a move driven by a strategic belief in the broader crypto ecosystem’s potential. He plans to buy back more Bitcoin with the profits from his altcoin investments, viewing current market shifts as temporary. Van de Poppe’s decision reflects his readiness to embrace high […]

The bounce we have witnessed this week on the cryptocurrency market has been validated by the growth of stablecoins' market capitalization.

XRP price shows positive signs above the $0.5100 resistance. The price could gain bullish momentum if it clears the $0.520 and $0.5220 resistance levels. XRP is eyeing a fresh increase above the $0.520 level. The price is now trading above $0.510 and the 100-hourly Simple Moving Average. There is another short-term declining channel forming with […]

Working with Binance, Taiwan prosecutors pieced together the evidence, resulting in the indictment of nine individuals for financial crimes, including money laundering and fraud.

Take a look at what U.Today has prepared for you in its latest crypto news digest!

One widely followed crypto analyst says Bitcoin’s latest rally is turning an old BTC resistance into new support. Pseudonymous crypto trader Rekt Capital tells his 468,200 followers on the social media platform X that BTC’s 2% leap in the last 24 hours could be the end of a downtrend. “BTC is breaking its Daily Downtrend” Source: Rekt Capital/X According to […]

Former Goldman Sachs executive Raoul Pal thinks the global liquidity cycle will drive crypto prices higher. In a new YouTube video, Pal tells his 703,000 subscribers that there are currently macroeconomic sources of liquidity “everywhere,” including upcoming monetary policy choices from the U.S. Federal Reserve. The Real Vision chief executive also notes that global liquidity […]

Option2Trade (O2T) is on a promising journey to reach the $10 milestone, fueled by strategic planning and strong market fundamentals. Experts and investors alike are optimistic about its potential, drawing comparisons to Dogecoin (DOGE) while highlighting Option2Trade’s (O2T) unique advantages. With its innovative features, upcoming CEX listing, and strategic partnerships, Option2Trade (O2T) is well-positioned to […]

Bitcoin’s price has been struggling to gain momentum post-halving. However, the world’s leading cryptocurrency underwent a significant recovery above $66,000 this week, bringing much-needed optimism after several uneventful weeks. The current data indicates that the $60,000 price point has become a crucial on-chain support level, backed by new whale accumulation and the stability of long-term […]

The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a $50 million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant decentralized finance (defi) solutions. Supporting Web3 Startups With Bankable Defi Solutions The Hashgraph Association, a non-profit organization based in Switzerland, has […]

A Nigerian court’s ruling today (Friday) has paved the way for Binance executive Tigran Gambaryan to stand trial on behalf of the cryptocurrency exchange in an ongoing tax evasion case. Alongside Gambaryan, a US citizen and Head of Financial Crimes Compliance, British-Kenyan national Nadeem Anjarwalla, a Regional Manager for Africa, also faces four counts of […]

This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Bitcoin has for most of its lifetime been seen as a monetary network, whereby users can send and receive the native token BTC. Given the tremendous price appreciation since its inception in 2009, the monetary good […]

An analyst has explained how the data of an oscillator for Bitcoin could suggest the cryptocurrency still has plenty of room to run in this rally. Bitcoin VWAP Oscillator Could Imply Potential For Further Upside In a new post on X, analyst Willy Woo discussed what the latest trend in the Volume-Weighted Average Price (VWAP) […]

Most of the newly launched tokens function as “exit liquidity” for insiders capitalizing on the lack of retail access, due to their high initial FDV.

Meanwhile, the global cryptocurrency market cap declined by 0.29% to around $2.38 trillion in the last 24 hours. Bitcoin was up 0.3% at $66,252 as of …

Two US brothers who attended the Massachusetts Institute of Technology (MIT) have been arrested for allegedly partaking in a high-speed multimillion-dollar crypto heist. According to a new press release by the U.S. Department of Justice (DOJ), the brothers – Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York – have been attained […]

TL;DR BTC’s Significant Surge: Bitcoin (BTC) approached $66,000 due to positive US macro data, with mixed opinions on whether its upward trend will continue. CPI Data Impact: April’s Consumer Price Index (CPI) slightly exceeded expectations, hinting at potential ease in financial conditions for cryptocurrencies, despite concerns over Bitcoin’s price stability. Altcoins’ Performance: While Bitcoin maintains a strong […]

Institutional investments and better economic conditions have spurred a recent Bitcoin rally, with the price now at around US$65,300. While no major future growth drivers are immediately evident, ongoing institutional adoption and potential Federal Reserve rate cuts could sustain interest. Analyst RektCapital notes Bitcoin has turned key resistance into support, forecasting a possible peak in […]

GameFi has enjoyed a strong start to 2024, with popular projects like Pixels and now Notcoin launching successful token airdrops. Notcoin, a web3 clicker game, has accrued a player base of over 35 million within just a few months. Players were rewarded with an airdrop of over 80 million NOT tokens, generating US$1b in trading […]

Does XRP have enough strength for continued rise?

After taking a two-week downturn, DOT located a threshold and initiated a fresh increase following a sudden 5% surge yesterday. It paused buying and now looks indecisively weak on the daily chart. Since the price bounced sharply from $5.7 last month, DOT has remained in a consolidation phase, looking for a key level to initiate […]

TL;DR The Donald Trump-themed meme coin Doland Tremp (TREMP) reached a new all-time high after positive news about the billionaire’s presidential campaign. The former political leader has softened his stance on digital assets, describing himself as the candidate of the pro-crypto voters. Another Trump-Themed Meme Coin Took off The cryptocurrency market is well in the green today […]

As of May 17, 2024, bitcoin’s price stands at $66,303 with a market capitalization of $1.30 trillion and a 24-hour trading volume of $28.43 billion. Technical indicators from multiple time frames suggest a potential continuation of the bullish trend, albeit amidst notable market volatility. The convergence of moving averages and oscillators signals a strong upward […]

Moments ago, the Senate passed legislation H.J.Res. 109 that would overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial firms from custodying Bitcoin and other cryptocurrencies. The legislation passed with a vote of 60 to 38, demonstrating bipartisan support for the measure. BREAKING: 🇺🇸 Legislation that would overturn SEC rule preventing highly […]

Dogecoin corrected gains and tested the $0.150 zone against the US Dollar. DOGE is now forming a base and might start a fresh increase above $0.1520. DOGE price jumped toward $0.160 before correcting gains. The price is trading above the $0.150 level and the 100-hourly simple moving average. There is a key bullish trend line […]

Rising Bitcoin ETF inflows, lower bond yields, and Coinbase’s plans to enter Australia’s pension market are some catalysts behind the crypto market’s rise today.

A closely followed crypto analyst says that altcoins are setting the stage for a massive breakout by July. Pseudonymous analyst Rekt Capital tells his 467,200 followers on the social media platform X that an alt “hype cycle” is likely coming in the second quarter of the year as the market consolidates. “Still time left before […]