TL;DR Elon Musk and Donald Trump discuss cryptocurrency policy, with Musk advising the former president on the topic. There is a possibility that Elon will speak at the Republican convention and play an advisory role if Trump wins a second term. The relationship between Elon and Trump has been tumultuous in the past, but they […]

Despite a troublesome 24 hours in the crypto market, meme coins Brett and Dog-go-to-the-Moon have pushed ahead unfazed. Meanwhile, the new presale Sealana could be the next meme coin to explode as its total presale raise eclipses $3 million. BRETT and DOG Soar Amid a Crypto Market Sea of Red The crypto market and broader […]

Terraform Labs and its Founder, Do Kwon, have reached a settlement with the US Securities and Exchange Commission (SEC) following allegations of fraud surrounding the collapse of the stablecoin TerraUSD, Reuters reported. The agreement, disclosed on a court website, arrived after a jury found Kwon and Terraform Labs liable for civil fraud charges in April. […]

Payments giant PayPal says that its stablecoin, PayPalUSD (PYUSD), is expanding onto the blockchain of smart contract platform Solana (SOL). In a new company press release, PayPal says that the dollar-pegged crypto asset PYUSD – which launched in August 2023 in collaboration with the Paxos Trust Company – is now available on Solana, making it […]

A crypto strategist known for going against crowd sentiment is warning that Dogecoin (DOGE) will likely take a dip even if Bitcoin (BTC) breaks out to new all-time highs. Pseudonymous analyst Credible explains to his 395,500 followers on the social media platform X how DOGE could fall regardless of BTC’s next move. “Right so two […]

The Danish Customs and Tax Administration May 24 posted online National Tax Court Decision No. SKM2024.287.LSR, clarifying cryptocurrency trading …

American multinational investment company BlackRock, has recently achieved a monumental milestone, recording over $20 billion in total assets. The BlackRock Spot Bitcoin ETF has successfully surpassed Grayscale to become the largest Bitcoin fund in the world.  BlackRock Overtakes Grayscale  BlackRock iShares Bitcoin Trust has recently become the world’s largest Bitcoin fund, overtaking its primary rival, […]

Robinhood Crypto vice president Johann Kerbrat said that the API allows developers to build custom tools for crypto trading.

A local Gold Coast crypto event is set to provide Aussie traders of all skill levels the tools to help them assess the current crypto climate. As the market settles after an impressive start to 2024, learning how to navigate a potentially volatile asset class is more important than ever. The key to being successful […]

The US experienced significant changes in the crypto landscape, including increasing political support. Despite a tough stance from the SEC, approval for Spot Ether ETFs signals growing acceptance. A Grayscale survey reveals that 47% of US-Americans are considering investing in crypto. The United States has seen sweeping changes to the crypto landscape in the last […]

Crypto Whales Shift To BDAG As Retik Finance Dips 43% In Only 24 Hours! BlockDAG Presale Soars Above $36M  In a dynamic crypto market where many face uncertainty, BlockDAG leads as a beacon of stability and innovation, attracting a surge of investors, particularly in the wake of the Retik Finance dip. With its advanced Directed […]

South Korea’s regulations prohibiting corporations from opening virtual asset exchange accounts are making it impossible for local universities to liquidate their large cryptocurrency donations. Financial authorities cite money laundering concerns as the reason for maintaining the ban. Education Ministry and Financial Intelligence Unit Favor Maintaining Ban South Korean universities are reportedly unable to convert cryptocurrency […]

U.Today’s daily news digest keeps you informed of the most important updates in the crypto industry

BlackRock’s spot bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT), has overtaken Grayscale’s Bitcoin Trust (GBTC) as the world’s largest Bitcoin ETF. As of May 28, IBIT holds over $20 billion in assets with 288,670 Bitcoin in its trust. This surpasses GBTC’s $19.7 billion in assets and 287,450 bitcoin holdings. JUST IN: BlackRock's spot #Bitcoin […]

The New York Stock Exchange (NYSE) has partnered with CoinDesk to track spot Bitcoin prices. This collaboration aims to bridge traditional finance with cryptocurrency and offer investors ways to engage with digital assets. The partnership involves cash-settled index options tracking the CoinDesk Bitcoin Price Index (XBX). Introducing Bitcoin Index Options Jon Herrick, the Chief Product […]

Bank of America’s wealth management firm, Merrill, says an employee has accidentally leaked the personal data of 1,883 pension plan members. The banking giant sent a data breach notice to the Office of the Maine Attorney General stating the employee inadvertently emailed the first names, last names and Social Security numbers of Walmart 401(k) plan participants to […]

TL;DR Post-Halving Hurdles: Bitcoin mining is struggling with reduced block rewards from the recent halving event, compounded by a surge in network hashrate to a record 659 EH/s, making mining more competitive and difficult. Rising Competition and Security: The increase in hashrate, driven by miners activating new, powerful ASICs, leads to heightened competition but also boosts […]

TL;DR Historic Launch: On June 4th, the United States will witness the debut of its first leveraged Ethereum (ETH) Exchange-Traded Fund (ETF). This groundbreaking development allows investors to gain indirect exposure to Ethereum’s price movements. Volatility Shares 2x Ether ETF (ETHU): The eagerly anticipated ETHU will hit the market approximately one year after the successful […]

London-based financial technology company Ramp has expanded its crypto-to-fiat off-ramp services to include SEPA money transfers across Europe, creating a network of seamless and instant cashing out among users. According to an official announcement sent to CryptoPotato, Ramp has added more than 35 local currencies to its Visa and Mastercard payout options. This expansion would […]

Coinbase and Robinhood may appeal to different kinds of traders, though there's likely some significant overlap. Coinbase is a cryptocurrency exchange …

Ethereum price extended its downside correction below the $3,800 support. ETH is now approaching the $3,720 support and might aim for a fresh increase. Ethereum extended its decline after it failed to stay above the $3,880 zone. The price is trading below $3,880 and the 100-hourly Simple Moving Average. There is a key bearish trend […]

Alex Labs has revealed a recovery roadmap and enhanced security measures post-exploit aimed at rebuilding community trust and resuming operations.

A new report by Signicat, the European digital identity and fraud prevention solutions provider, reveals that artificial intelligence (AI) is used in over a third of fraud attempts targeting financial institutions, with one in fifteen fraud attempts now using deepfakes. The study, titled “The Battle against AI-driven Identity Fraud,” found that 42.5% of detected fraud […]

Prominent hardware hacker Joe Grand has managed to gain access to a software wallet

The New York Stock Exchange (NYSE) has announced plans to launch financial products tied to the spot price of Bitcoin. The NYSE is collaborating with CoinDesk Indices to develop cash-settled index options that will track the CoinDesk Bitcoin Price Index (XBX). BREAKING: 🇺🇸 New York Stock Exchange to launch financial products tracking spot #Bitcoin prices. […]

BlockDAG’s X1 App Redefines Crypto Mining, Shocks Industry Experts as GRT Token Price Rises In the dynamic world of cryptocurrencies, The Graph, Kaspa, and BlockDAG stand out as significant players that draw investor interest. The Graph’s GRT token has reached over a $1 billion market cap thanks to its AI-driven growth. Meanwhile, Kaspa’s state-of-the-art BlockDAG […]

A widely followed analyst and trader who accurately predicted the 2018 Bitcoin (BTC) bottom six months prior is expressing bullish sentiment on the 48th-largest crypto asset by market cap. The analyst pseudonymously known as Bluntz tells his 260,300 followers on the social media platform X that FLOKI (FLOKI) is forming an uptrending stair-step pattern on […]

Real Vision analyst Jamie Coutts believes the altcoin market is gearing up for a massive breakout against Bitcoin (BTC). The former Bloomberg analyst tells his 18,100 followers on the social media platform X that the altcoin season index, which measures the profitability of digital assets relative to BTC, could soon start flashing bullish for alts. […]

Crypto exchange Gemini, owned by the Winklevoss twins, has announced the return of $2.2 billion to users of its Earn program after halting withdrawals 18 months ago, CNBC reported. This move followed a substantial settlement between the New York Attorney General and Genesis, Gemini’s lending partner. Refunding Crypto Lending Users With the more than $2 […]

XRP price is holding the key support at $0.5220. The bulls could aim for a fresh increase unless there is a close below the $0.5220 support. XRP is struggling to start a fresh increase above the $0.5350 resistance zone. The price is now trading below $0.5320 and the 100-hourly Simple Moving Average. There is a […]

Former FTX co-CEO Ryan Salame was sentenced yesterday to 90 months in prison, according to Damian Lewis, the United States Attorney for the Southern District of New York. Salame previously pled guilty to conspiring to make illegal political contributions and defraud the Federal Election Commission and to conspiracy to run an unlicensed money-transmitting business before […]

Recently, Crxxe, a global leading cryptocurrency exchange, announced the signing of a compliance framework agreement with international financial …