Crypto whales sold off millions of dollars worth of yearn.finance on Saturday prior to YFI sharply correcting by over 40%, according to on-chain data. Spotted by blockchain-tracking firm Lookonchain, one wallet deposited the better part of $5.8 million worth of YFI to crypto exchanges, likely to be sold off on the open market. “Why did […]

A closely followed crypto strategist says that XRP looks primed for a rally as it flashes a couple of bullish signals. Analyst Ali Martinez says on the social media platform X that the Tom DeMark (TD) Sequential indicator is giving off a bullish reading for XRP. The TD Sequential indicator aims to identify turning points […]

U.Today’s news digest helps you take a closer look at the latest events in the crypto industry

Late Sunday night, it was confirmed that Bitcoin friendly candidate Javier Milei officially won Argentina’s presidential election, beating his opponent Sergio Massa by 2,786,457 votes. The new president will now take office on December 10. Bloomberg While Milei has not yet advocated for Bitcoin to be used as legal tender or to hold BTC as a reserve asset, he does […]

A wallet linked to Hong Kong-based crypto exchange Hashkey has reportedly sold over $90 million worth of Ethereum in the past 10 days. This massive selling activity appears to have triggered a slight decline in the ETH market, sparking speculations on the token’s price trajectory. Crypto Whale Conducts Massive Ethereum Sell-Off According to a Sunday […]

Bitcoin price range trades as SOL, LINK, NEAR and THETA play catch up.

India has trained over 3000 personnel from various cybercrime and police departments to bolster their capabilities in tackling cryptocurrency-related

Unstoppable Domains is currently facing criticism for allegedly appropriating the open-source advancements of the Ethereum Name Service (ENS) through the filing of a patent named “Resolving Blockchain Domain Names” in January this year. In an open letter, Nick Johnson, the lead developer of ENS, expressed significant concerns about Unstoppable Domains’ patent applications related to blockchain […]

The SHIB token burn rate saw a remarkable surge of around 60% in the past 24 hours, marked by the incineration of approximately 80 million tokens. This notable increase in burning activity follows speculations of a potential shift of the memecoin’s focus toward artificial intelligence. Data from Shibburn shows that 81.2 million SHIB tokens were […]

Options expiry is one of strongest sources of volatility for crypto market, and huge expiry is just around corner

OpenAI’s new interim CEO is considered a “product person” who supports regulatory oversight of artificial intelligence.

Kronos Research, a Taipei-based market maker, trading firm, and venture capital fund, witnessed the withdrawal of significant amounts of crypto assets due to a breach of its security system.  Kronos Breach: Investigation Underway On Sunday, November 19, Kronos Research disclosed – via a post on X (formerly Twitter) – a security incident that involved unauthorized […]

… cryptocurrency sector. This move marks a significant step by BlackRock in capitalizing on the growing interest in Ethereum, the blockchain …

According to sources familiar with the matter, key investors at OpenAI disagreed with the board’s decision to terminate CEO Sam Altman and are advocating for his reinstatement.

The U.S. Securities and Exchange Commission (SEC) in its latest report revealed that the number of enforcement actions filed in the fiscal year 2023 (FY2023) increased by three percent from the previous record in the financial year of 2022. Some of the enforcement actions involved heavyweights in the crypto industry, with various accusations against cryptocurrency […]

Ethereum, second-largest cryptocurrency, has seen significant outflows from exchanges in recent weeks

A widely followed crypto trader believes that top memecoin Shiba Inu (SHIB) is poised to print massive gains in the coming days. Analyst Kaleo tells his 605,700 followers on the social media platform X that Shiba Inu looks primed for a run-up after breaking above a horizontal resistance and retesting it as support. “I think […]

Yearn Finance’s YFI token fell by more than 40% within the last 24 hours, resulting in a significant liquidation of approximately $5 million. The sudden price decline led to speculation of whether suspicious things were happening to the protocol. Data from BeInCrypto shows that Yearn Finance’s price fell sharply from $14,519 to $8,915 within a […]

Fidelity, a prominent asset management firm with over $4.5 trillion in assets under management, has formally submitted an application for the establishment of a Spot Ethereum Exchange-Traded Fund (ETF). The decision is a response to the recent action taken by BlackRock, an asset management company, which submitted their application for an Ethereum Exchange-Traded Fund (ETF) […]

The price of XRP could soon surge to reach $1.35 in the near future as the cryptocurrency's open interest recently surged, and a break above a key …

Bitcoin has more than doubled in price since the FTX collapse in November 2022, but several other coins, such as Chainlink, have seen even bigger gains since.

The trader who accurately called the crypto market crash of 2021 says that Bitcoin’s price action is suggesting that a sustainable rally back to its all-time highs could be underway. Pseudonymous analyst Dave the Wave tells his 143,000 followers on the social media platform X that a new push to BTC’s current all-time high is […]

Bitcoin (BTC) network fees are seeing a massive surge in November as demand for ordinals floods the leading blockchain. Data from CryptoFees.info finds that BTC’s transaction fees skyrocketed from $779,549 at the start of the month to a peak of $11.63 million on November 17th, an increase of 1,391%. The number has slightly retraced and […]

Addresses that have held Bitcoin for over year have historically been predictor of Bitcoin cycle advancement

Research conducted by TRM Labs reveals that the growth rate of crypto-denominated fentanyl sales has slowed down in 2023. The first three quarters of the year saw an increase of just under 60% in these sales, a sharp decline from the 155% average growth rate recorded since 2019. TRM Labs Study Shows Slowdown in Crypto […]

Worldcoin (WLD) experienced a sharp decline in its market price on Saturday after its founder, Sam Altman, was removed as the CEO of popular artificial intelligence company OpenAI. This development follows the heavy regulatory scrutiny on the crypto project due to privacy concerns. OpenAI Votes Out Sam Altman, Cites Loss Of Confidence In a shocking […]

Asset management firm Fidelity has applied for an Ethereum exchange-traded fund (ETF) with the US Securities and Exchanges Commission (SEC). Experts have suggested that the filing could spur ETH on a bull run. According to Fidelity, investors in the United States do not have a regulated avenue to expose themselves to Ethereum. Thus, it proposed […]

An analyst who continues to build a following with timely Bitcoin (BTC) calls believes that the crypto king is ready to witness another burst to the upside. Pseudonymous analyst Credible Crypto tells his 352,700 followers on the social media platform X that the latest Bitcoin pullback flushed out overleveraged traders. The crypto strategist notes that […]

A report by Wired earlier in June highlighted Binance's lack of a fixed head office or formal address despite handling daily cryptocurrency …

Wallis clarifies that financial inclusion aims to extend financial services to individuals worldwide, especially those with low incomes and no ties to financial institutions.

Shiba Inu (SHIB) whales are responsible for token’s dramatic price rebound

The altcoins market has been on a tear over the past few weeks, thanks to the resurgence of the premier cryptocurrency, Bitcoin, and the shifting climate of the general crypto market. Although the recent momentum of the altcoin market seems to be waning, there is still broad optimism amongst many investors and analysts. Mags, a […]