… make traditional bankers clutch their pearls, the Dubai Court of First Instance has given the green light for salaries to be paid in cryptocurrency.

Central banks and finance ministries of all BRICS nations are discussing the launch of a new payments platform that would circumvent the US dollar, according to a new report. According to Russian government-backed media publication Tass, Russia’s Federation Council Speaker Valentina Matviyenko told a press conference that a standalone payment system dubbed the “BRICS Bridge” […]

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

The Federal Inland Revenue Service’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital assets.

Stay Ahead of the Curve: 4 Best Altcoins to Watch in a Market Crash–BlockDAG, AAVE, Fetch.ai & Solana  The cryptocurrency market is notorious for its volatility, and we’re currently navigating through another rough patch. However, for the informed investor, a market crash isn’t just a reason for concern—it’s a golden opportunity. With prices dipping, this […]

Stock markets have shown signs of recovery, but the same cannot be said for crypto markets, which are facing heavy resistance. Volatility could tick up again as all eyes will be on the Federal Open Market Committee (FOMC) meeting and minutes this week in addition to economic data reports. Economic Events Aug. 19 to 23 […]

Amidst the general financial market crash in early August, Ethereum (ETH) lost about 30% of its value, falling to $2,226 per unit. Notably in the last few weeks, the prominent altcoin has shown much resilience climbing back into the $2,600 price region. Albeit, this recent price retracement is accompanied by much uncertainty on how long […]

Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a 25-basis-point (bps) rate cut. Over on Polymarket, bettors are even more confident, showing an 82% chance of […]

New research from VanEck reveals that Bitcoin (BTC) miners are shifting to artificial intelligence (AI) and high-performance computing. In a thread on the social media platform X, Matthew Sigel, the head of digital assets research at VanEck, says that BTC miners are utilizing technology to earn profits through strategic arbitrage. “Bitcoin miners are shifting to […]

A widely followed crypto strategist says the governance token of a decentralized finance (DeFi) lending protocol is gearing up for rallies. Pseudonymous analyst The Crypto Dog tells his 809,500 followers on the social media platform X that he’s bullish on Aave (AAVE). The trader shares a chart that suggests AAVE has successfully retested the level […]

As the week draws to a close, the cryptocurrency market presents a mixed bag of outcomes. Bitcoin (BTC) is currently priced at $59,006, …

Bitcoin is giving hints that an upward BTC price phase is about to begin, as measured by two popular trading tools.

Market could be on the verge of a volatility surge on the next week

TL;DR Imminent Update: Cardano’s Chang hard fork, initially scheduled for July, will be carried out soon. More than 70% of the nodes have adopted version 9.1.0. New Improvements: Chang will strengthen the network’s decentralization, introduce a new constitution for more autonomous governance, and allow users to submit proposals for a treasury of 1 billion ADA. […]

Cryptocurrencies are constantly evolving. In search of improving investors’ profitability, new tokens have been developed with unique features that are revolutionizing decentralized finance. Therefore, in this article we will see what they are and how they work the new tokens LST, LRT and LPD that are attracting millions of users for the wide possibilities they […]

The cryptocurrency industry has experienced a notable surge in activity among large holders, often referred to as “whales,” over the past few weeks. This level of engagement has been revealed through on-chain transaction data, which has shown multiple instances of large cryptocurrency movements to and from exchanges.  One cryptocurrency that has particularly stood out in […]

The Best 4 Cryptos to Buy Now: A Strategic Investment Guide Cryptocurrencies have evolved from fringe assets to key components in modern investment strategies, appealing to both seasoned investors and newcomers alike. However, with so many options, finding the right investment can be a challenge. Fortunately, 2024 brings promising opportunities in the crypto world. Solana […]

Blockchain technology is unique! Where else can you track the holdings of big investors in real time, check out their latest moves, portfolio values, and more? We’ve decided to dabble into some of the larger holders of one of the most popular meme coins in the market – Shiba Inu (SHIB) and stumbled upon an […]

UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the encouraging consumer resilience, UBS cautioned that the risk of a significant economic slowdown remains, especially after weaker July jobs data. Investors are advised to wait […]

In a landmark ruling, a Dubai court has ordered a company to pay an employee's outstanding dues in UAE currency and cryptocurrency as agreed in …

This may be the first tokenized church in the world.

This could be crucial moment for Ether, defining its future for next few months

With the general sentiment in the market cooling down, AAVE scores a win as it maintains high profitability even as the market dips slightly. According to CoinGecko, the token is up over 18% since last week, a sign that AAVE is continuing the market’s bullishness despite the latter grinding to a near stop.  AAVE is […]

As Solana and Polkadot Prices Decline, BlockDAG’s Antony Turner Confident as Presale Surpasses $66M In a market showing tentative signs of recovery, Polkadot (DOT) and Solana (SOL) continue to struggle with sustained price growth. Polkadot’s recent performance suggests the possibility of a bullish reversal, yet Solana faces increasing scrutiny over-centralization, casting doubt on its long-term […]

While they are issued by smart contract blockchains with base layer currencies like Ethereum (ETH) and Solana (SOL), meme coins have fetched far greater gains in a shorter period of time than the most established cryptos. Bitcoin, for example, gained 347% from key price support at a Dec. 31, 2022 low level of $16,500 to […]

In a twist of political fortunes, Vice President Kamala Harris, who had been leading in the race against former President Donald Trump for the 2024 election, saw her odds dip significantly after rolling out her economic plans. Over the past 72 hours on Polymarket, her chances have taken a hit, dropping four percentage points, while […]

FIRS seeks laws to harmonise tax collection, regulate cryptocurrency … In its efforts to restructure revenue collection in Nigeria, the Federal Inland …

Leveraged ETFs chronically underperform comparable investments. There are better ways to place bullish bets on Bitcoin than MicroStrategy’s new ETF.

Pantera Capital CEO Dan Morehead says that the political establishment is essentially being forced to cave into pro-crypto stances. In the firm’s monthly Blockchain Letter, Morehead says that the Federal Reserve’s decades of money printing has primarily benefited a minority of older demographics while punishing the majority, who now hold the bigger voting bloc. Morehead […]

Billionaire Elon Musk believes that one entity is the culprit behind the rising prices of goods and services in the US. The Tesla CEO says on the social media platform X that the underlying cause of inflation in the US is the federal government’s huge budget deficit. “Inflation is caused by the federal government spending […]

Investors flock to Helium (HNT) after it showed strength despite the stagnating momentum of the market. According to CoinGecko, the token is up more than 21%, going against the market’s flat trajectory. This came after a cryptic post about Helium’s plans that might indicate a better future for the platform and its users.  With this […]

Crypto investor Arthur Cheong says that “smart money” entities appear to be accumulating one well-established altcoin as of late. Cheong tells his 172,200 followers on the social media platform X that millionaire wallets are gobbling up the native token of the decentralized finance (DeFi) lending platform Aave (AAVE) amid a sharp decrease in the token’s […]