TL;DR BlackRock’s iShares Bitcoin Trust (IBIT) has generated 21% of the firm’s net ETF flows in the first quarter. IBIT, launched on January 11 along with other bitcoin funds, has reached almost $19 billion in assets under management. BlackRock has also ventured into tokenized funds, reflecting its commitment to investment innovation. BlackRock, the world’s largest […]

TL;DR ether.fi closes $500 million deal with RedStone Oracles to support its data oracle services. The agreement means that more than 20,000 node operators will manage RedStone’s validated services. The native eETH token will be used to reinforce the security of the RedStone network. In a significant move within the blockchain ecosystem, ether.fi, a liquid […]

TON Society announced a proof-of-personhood program targeting Telegram users, who can voluntarily scan their palms in exchange for benefits. The organization allocated 1 million TON for this initiative, distributed among 500 million participants in the next 5 years after completing their palm verification using Humancode’s artificial intelligence (AI) biometric tech. TON Society Announces Digital Identification […]

BlackRock’s IBIT keeps leading the way with decent inflows

A widely followed crypto analyst says Bitcoin (BTC) is busy accumulating for another breakout. Crypto trader Michaël van de Poppe tells his 711,500 followers on the social media platform X that gold and BTC are on their way to new all-time highs (ATHs). “Bitcoin looks like it wants to build up before another breakout. Gold continues the […]

Two low-cap memecoins overtook Dogecoin (DOGE) in terms of weekly active traders, according to the crypto analytics firm IntoTheBlock. Degen (DEGEN) currently leads all meme assets with 129,000 active traders, followed by The Doge NFT (DOG) with 126,000. Explains IntoTheBlock, “The number of addresses that hold an asset for less than a month are classified […]

Trammell Venture Partners (TVP), based in Austin, Texas, has unveiled its second annual findings from its in-depth research into the burgeoning Bitcoin-native startup and venture capital ecosystem.  Despite a notable downturn in crypto venture market investments throughout 2023, TVP’s research highlights a remarkable surge in the Bitcoin startup sector, particularly at the Pre-Seed stage, with […]

Hannah Phung, a lead analyst at on-chain analytics platform SpotOnChain, recently gave her opinion on the impact that Bitcoin Halving could have on the flaghsip crypto’s price. This adds to the ongoing debate on whether or not the Halving event could cause Bitcoin’s price to rise to $100,000.  Bitcoin’s Price Surge Might Not Come Immediately […]

April 2024 Presale Power: BlockDAG Leaves Poodl Inu, and eTukTuk Presales in the Dust With 20,000x ROI Potential The presale market is teeming with promising opportunities, making it challenging to spot a hidden gem. However, amidst this crowded landscape, three emerging crypto projects have captured considerable investor interest: BlockDAG, Poodl Inu, and eTukTuk presales.  Among […]

Italian police said on Monday a man who ran a cryptocurrency exchange that was declared bankrupt last year is suspected of being responsible for a …

The total crypto market saw a massive correction on Friday evening, with more than $200 billion leaving the space within hours. The liquidations have shot up to nearly $1 billion on a daily scale, but some of the most notable losers come from the ever-volatile meme coin niche. CryptoPotato already reported the big Bitcoin retracement […]

TL;DR IOSCO updates its Work Plan for 2024, focusing on AI, tokenization and credit swaps. New jobs are announced in areas such as green finance and transition. The plan reflects IOSCO’s adaptation to emerging trends in financial markets. The recent update to IOSCO‘s 2024 Work Plan, with its renewed focus on areas such as artificial […]

On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of bitcoin in USD tumbled to an intraday low of $65,230. Over the past 24 hours, leveraged crypto positions totaling $871.88 million were eradicated. Liquidations Near […]

Take a closer look at what’s happening in the world of crypto with U.Today’s news digest!

The Congressional Budget Office (CBO) projects deficits will run wild as the US national debt surpasses a staggering $141 trillion by the year 2054. In a new budget outlook report, the non-partisan federal agency estimates that the United States’ GDP will reach $85.2 trillion in three decades, but that debt will be 166% of that, […]

The launch of US Spot Bitcoin ETFs has significantly outperformed others marking an impressive beginning. Grayscale faces outflows post-Spot Bitcoin ETF approvals and FTX bankruptcy settlements, but sees a move towards ‘equilibrium’, per CEO Sonnenshein. BlackRock’s IBIT leads the new ETFs with a 50% surge and US$15b inflows in three months, doubling BlackRock’s other ETFs’ […]

Of the 11 financial institutions that issued spot Bitcoin ETFs in January 2024, only two — Bitwise and VanEck — have pledged to donate a percentage of their profits to open-source Bitcoin development. Regardless of whether large holders are harassing ETF sponsors for funding core dev, the real question is – why are only @BitwiseInvest […]

An analyst has explained how a PEPE daily close outside of a certain price range could lead its value to go on a rally of 54%. PEPE Symmetrical Triangle May Hint At The Next Move For The Memecoin In a new post on X, analyst Ali discussed the recent trend forming in the PEPE price. […]

Coincashy: Your premier destination for secure and seamless cryptocurrency exchange in Dubai. Bridging the gap between crypto and cash …

Pendle, the decentralized finance (DeFi) token, is edging closer to the $2 billion market cap milestone, currently standing at $1.75 billion.  The token’s trajectory remains decidedly bullish across all timeframes, with a remarkable 17% gain today and a staggering 147% surge over the past month, culminating in an all-time high of $7.517. The surge in […]

Pac Finance, a lending app on Blast, has had its users report a $24 million liquidation on April 11 due to a sudden change in parameters by the developer wallet. Mass liquidations are common for leveraged traders who borrow crypto, but they often occur due to fluctuations in the market, not protocol parameter changes. Pac […]

An altcoin project focused on digital commodities and artificial intelligence (AI) is witnessing volatility after a surprise listing on Binance. The top global crypto exchange says it’s officially rolled out trading services for Bittensor (TAO). The announcement triggered a 9% surge in the asset to a high of $627.52 on Wednesday, before the coin dropped […]

Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis shows that substantial miners’ rewards from pools like F2pool, Antpool, Binance Pool, and Braiins are being funneled to this particular custodian. Onchain Data Reveals Single […]

Robert Kiyosaki, the author of “Rich Dad, Poor Dad,” has praised Cathie Wood while supporting her ambitious Bitcoin price target

TL;DR Bitcoin Cash (BCH) open interest (OI) decreased by 47% from its pre-halving peak, reaching $378.3 million on April 12, coinciding with a 13% decline in BCH price. The cryptocurrency experienced a sharp 7.51% drop on April 10 within a three-hour period, following days of narrow price fluctuations between $676 and $691. The current situation […]

The International Monetary Fund (IMF) is reportedly demanding changes to El Salvador’s pro-Bitcoin law, hindering the country’s attempts to secure a $1.4 billion credit line as reported by Infobae.  NEW: 🇸🇻 IMF reportedly demands changes to El Salvador's #Bitcoin law for a $1.4 billion aid. They're scared 🙌 pic.twitter.com/vmqhts5dCY — Bitcoin Magazine (@BitcoinMagazine) April 12, 2024 El […]

Amid a widespread price correction affecting the majority of the top 100 cryptocurrencies, one digital asset has defied the trend, surging to impressive heights. Nervos Network, along with its native token CKB, has not only recorded significant gains but has also climbed to the 79th rank in the market, raising questions about the factors behind […]

The Sui blockchain has announced it will launch a crypto-focussed handheld gaming console in 2025. The console, known as SuiPlay0x1, is a collaboration with Playtron and will allow players to play mainstream games from the likes of Steam and Epic, plus Web3 games built on Sui and other blockchains. Hong Kong-based First Digital USD (FDUSD) […]

BTC’s slight dip following US CPI data quickly reversed with whale purchases, now trading around US$70,980. Whale Alert reports movement of 5,000 BTC worth US$351.2 million, highlighting active market participation. Analysts predict that halving discussions might signal FOMO at peaks or provide a buying opportunity at troughs, with the market potentially only 36% into its […]

Shao Bank's proposal of Kicoin as the cryptocurrency partner for the European Super League is part of efforts to revolutionize football …

Authorities have seized over $41 million from a blockchain mining group in Australia for allegedly operating without a license. According to a new press release by the Australian Securities and Investments Commission (ASIC), civil actions are being taken against the NGS Crypto, NGS Digital and, NGS Group, as well as their respective directors, Brett Mendham, […]

A billion-dollar bank in the US is reportedly facing a potential class-action lawsuit for the second time in about three years over allegedly hammering customers with “crippling” overdraft fees. Customers LaNita Criswell and LaSheena Neal say Frost Bank’s history of imposing $35 overdraft fees on transactions that do not exceed account balances is in breach […]