Payments company Ripple Labs is acquiring US-based digital asset custodian Standard Custody & Trust Company, a move that will expand its services in the crypto industry. In a new announcement, Ripple says the acquisition, which is subject to regulatory approval, will allow the firm “to strengthen its existing product offerings, as well as explore new, […]

PRESS RELEASE. USA, New York, February 13th, 2024 – CAGA Crypto, a growing project in decentralized finance, is thrilled to announce the successful start of three prominent airdrop campaigns that were launched on February 7, 2024. These campaigns offer participants the opportunity to engage with the CAGA network, earn rewards, and influence the future of […]

Will traders see correction of Bitcoin (BTC), Ethereum (ETH) and XRP this week?

Wall Street titan and Asset manager Franklin Templeton has applied for an Ethereum Spot Exchange-Traded Funds (ETF) after a struggle to gain approval for their Bitcoin Spot ETF in early January. Asset Manager Files For Spot Ethereum ETF Asset managers have gravitated toward the Ethereum spot ETF since the United States Securities and Exchange Commission […]

TL;DR Kraken, one of the leading cryptocurrency exchanges in the United States, plans to enter the market for crypto ETF custody. The exchange’s drive comes in response to Coinbase’s success in custodying Bitcoin ETFs and aims to capitalize on its industry position to stand out in the Ethereum ETF market. The company’s entry into the […]

The top cryptos eagerly await the SEC’s ruling on the Bitcoin ETF. When Gary Gensler’s X account was hacked and a false confirmation posted, Bitcoin and all other top cryptos like Solana and SEI rallied, only to fall back after the hack was revealed. New meme-based exchange Meme Moguls – now in presale – will […]

The ascent of cryptocurrencies, spearheaded by the expansive influence of Bitcoin, Ethereum, and a multitude of altcoins, has experienced significant momentum in recent years. This surge prompts a scrutiny of the implications for the broader financial services sector and, by extension, the stability of the global economy. The decentralized nature of cryptocurrencies challenges traditional financial […]

BTCS Inc. (Nasdaq: BTCS), a seasoned player in the blockchain and cryptocurrency landscape, has been steadily carving a niche for itself among public blockchain companies through strategic technological advancements and astute financial management. With a legacy of spearheading early blockchain technologies in the public markets, the company has expanded its repertoire to include new products […]

Recent developments suggest Bitcoin (BTC) could serve as more than just “digital gold,” according to a researcher at the crypto asset management giant Grayscale. In a new analysis, Grayscale’s Michael Zhao highlights Bitcoin’s surging on-chain activity. “The advent of ordinal inscriptions has revitalized on-chain activity, with over 59 million non-fungible-token-like (NFT) collectibles inscribed, generating upwards […]

Cardano has enjoyed a stellar week of trading, up nearly 14%. The development team IOHK has announced its Plutus V3 upgrade, which will improve platform performance, throughput and capabilities for dApp developers. The update brings new cryptographic features, enables sidechain bridges and reduces costs for developers on Cardano. Cardano has well and truly jumped onto […]

Crypto businesses Wintermute and The Block have partnered to create GMCI, currently providing various crypto market indices. Their first live index, GMCI 30, tracks the top 30 coins by market cap, simplifying performance observation for investors. More indices, like the GMCI DeFi Index, are planned for the future. The ultimate goal is for GMCI indices […]

Ethereum’s price has been rallying aggressively over the past few days. Yet, the market is approaching a strong resistance level that could determine the mid-term fate of ETH. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been rallying since a rebound from the $2,200 zone. The $2,400 resistance level […]

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Founders Fund, the venture capital firm founded by billionaire Peter Thiel, has invested $100 million in bitcoin, sources exclusively informed Reuters. The firm allocated $200 million to acquire Bitcoin and another cryptocurrency, evenly split between the two. This maneuver further highlights the return of institutional investors to Bitcoin. Founders Fund, an early institutional investor in […]

Data shows extreme greed sentiment has made a return among the Bitcoin investors after the cryptocurrency’s price has broken above $50,000. Bitcoin Fear & Greed Index Now Points Towards “Extreme Greed” The “Fear & Greed Index” refers to an indicator that tells us about the general sentiment among Bitcoin traders and broader cryptocurrency sectors. The […]

As bitcoin and the broader crypto market have surged, shares of publicly traded mining companies have seen substantial growth. Data shows that, in the last five days, stocks of many of these firms have experienced double-digit increases in value against the U.S. dollar. Publicly Traded Mining Companies See Major Uptick Publicly-listed firms linked to the […]

Peter Schiff has once again slammed most recent Bitcoin rally

A widely followed crypto analyst says the collective altcoin market cap will rise much higher than most traders expect. Michaël van de Poppe tells his 692,800 followers on the social media platform X that altcoins are going to reach unimaginable new all-time highs. “People are wondering, are altcoins going to break their all-time high? The […]

According to a Reuters report, Founders Fund, the venture capital (VC) firm founded by billionaire Peter Thiel, is once again betting big on the flagship cryptocurrency, Bitcoin. The VC firm is reported to have made significant profits on their last Bitcoin investment and would be hoping that this next market cycle also brings immense rewards.  […]

TL;DR DN404, a New Token Standard: A group of developers has introduced DN404, a new token standard that aims to improve upon ERC404.  Advantages and Concerns: DN404 enables users to trade fractions of NFTs without intermediaries, fostering a decentralized trading environment.  DN404 vs ERC404: The experimental Ethereum standard, ERC404, has been successful but faced criticism for its inefficiencies. […]

TL;DR Blockchain Association warns of risks of Warren legislation: it could eliminate jobs and weaken the US in cryptocurrencies. Industry Expert: Warren’s Law Could Slow Cryptocurrency Innovation. Sherrod Brown’s endorsement key to Warren legislation. The debate surrounding legislation proposed by Senator Elizabeth Warren, known as the Digital Asset Anti-Money Laundering Act of 2023 (DAAMLA), has […]

A minor pullback in cryptocurrency prices has been followed by a slight rebound for many altcoins across the board, indicating what could be a slow and steady recovery in the near future. Ethereum (ETH) Layer-2 scalability platform Arbitrum (ARB) is one of the recent gainers that could make a lot of noise in 2024. Meanwhile, […]

According to the FBI's Internet Crime Complaint Center, cryptocurrency investment fraudrose from $907 million in 2021 to $2.57 billion in 2022.

The Biden Administration has intensified oversight on the U.S. bitcoin mining sector through an Energy Information Agency (EIA) emergency survey, portraying electricity usage by miners as a significant threat to national grid stability. This move, which demands detailed disclosures from miners, mirrors actions in Venezuela that led to mining confiscations, signaling a concerning trend towards […]

Lawyers overseeing FTX’s bankruptcy have said they expect customers of the failed crypto exchange to be reimbursed in full. The money to pay back creditors would come from FTX’s investments, which have appreciated enormously in value since the lows following the exchange’s collapse. SBF is expected to face a significantly less severe sentence for his […]

Bitcoin’s price has finally created a new higher high, following weeks of consolidation and correction. This has caused many investors to believe that a new all-time high will be created in the upcoming months. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has broken above the key $48K resistance level […]

Scheduled for Feb. 15, 2024, the upcoming Bitcoin difficulty retarget is poised to mark a notable upswing in the network. Current projections forecast an estimated difficulty surge ranging from 8.45% to 9.2%, setting the record for the steepest increase of 2024 thus far. Bitcoin Difficulty Poised for a Steep Increase This week, bitcoin (BTC) mining […]

A closely followed crypto analyst says that Bitcoin (BTC) whales have scooped up billions of dollars worth of the flagship digital asset in just three weeks. In a new thread, crypto strategist Ali Martinez tells his 44,700 followers on the social media platform X that deep-pocketed Bitcoin investors have gobbled up $6.16 billion worth of […]

Find out what happened in the world of crypto over the weekend with U.Today’s news digest

Charles Hoskinson, co-founder of Cardano, joined Discovery Crypto to discuss his thoughts about the state of the crypto space, what current developments in the industry suggest, and the network’s future as the “Taylor Swift of Blockchains.” Cardano’s Big Reputation The recent interview sparked a discussion about Cardano’s relationship with crypto exchanges like Gemini and other […]

After bouncing off a two-month low in late January, Bitcoin recovered by almost 30% in three weeks and traded back at the top. It saw rejection and now appears to form a double-top pattern on the daily chart.  Once again, Bitcoin returns to the top after suspending bullish for a month. It bounced off $38500 […]