Peter Brandt Urges to Ignore Peter Schiff's 'Bitcoin Is Dead' Claim, Half Trillion SHIB Moved in 24 Hours, 7,000 ETH Mysteriously Moved to Robinhood: Crypto News Digest by U.Today
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Read U.Today’s news digest to not miss out on the latest crypto news!

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<b>Cryptocurrency</b> Market News: Tornado Cash Developer Sentenced to Over 5 Years in Prison
www.google.com

Tornado Cash developer Alexey Pertsev was convicted of money laundering by a Dutch judge and received a 64-month prison sentence, in a case that …

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Everything Old Is New Again
bitcoinmagazine.com

This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Let me start off by acknowledging that Ordinals are amazing! Ordinal Theory is a very clever method of tokenizing individual satoshis and Casey Rodarmor deserves high praise and recognition for gamifying the blockchain and Making Bitcoin […]

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Bitcoin Price Mirrors Historical Pattern That Led To $1,200 Surge, Will History Repeat Itself?
www.newsbtc.com

Crypto analyst TechDev has provided insights into the Bitcoin (BTC) future trajectory. The analyst hinted that the flagship crypto was currently mirroring its price action in 2017 and could soon make a parabolic rise like it did back then.  History Could Repeat Itself  TechDev shared a chart on his X (formerly Twitter) platform with the […]

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Bipartisan bill for blockchain competitiveness passes US House
cointelegraph.com

The Deploying American Blockchains Act of 2023 gives the Commerce Department a role in advancing blockchain technology.

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Gala Games $200M Exploit Was An ‘Isolated Event,’ Team Working Closely With Law Enforcement
cryptopotato.com

Web3 gaming project Gala Game was exploited by an unknown attacker, who was described as a compromised or rogue admin address, minted 5 Billion GALA, worth more than $200 million. The security incident has since been contained while the affected wallet has been frozen. The team also said that the exploit was an isolated incident […]

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Understanding Notcoin: The Token Behind the Click-to-Mine Telegram Game
news.bitcoin.com

This week, the crypto community has been buzzing about a new token called notcoin (NOT), recently launched on The Open Network (TON). This token is tied to a game on Telegram where users earn NOT by completing tasks and clicking a button, featuring a distinctive click-to-mine system. The following is a comprehensive overview of what […]

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Hidden Road Integrates OKX Nitro Spreads for Arbitrage Strategies
www.financemagnates.com

To bolster its institutional trading offerings, popular crypto exchange OKX has announced a collaboration with Hidden Road Partners, a credit network for institutions. The partnership aims to provide Hidden Road’s clients with access to OKX’s deep liquidity and faster execution of complex trading strategies. OKX, Hidden Road Partner to Enhance Institutional Crypto Trading As part […]

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Ethereum (ETH) Price Soars As Bloomberg Analysts Increase ETF Approval Odds To 75%
dailyhodl.com

The price of Ethereum (ETH) is surging after two Bloomberg analysts dramatically changed their assessment on whether an Ethereum ETF will soon be approved by the U.S. Securities and Exchange Commission. Eric Balchunas and James Seyffart increased their outlook that a spot Ethereum ETH will be approved from 25% to 75%, citing an apparent change […]

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Here’s When Bitcoin Will Ignite New Parabolic Phase, According to Analyst Who Nailed Recent BTC Correction
dailyhodl.com

A crypto strategist who accurately timed the most recent Bitcoin correction is unveiling the timeline for the next BTC parabolic move. Pseudonymous analyst Rekt Capital tells his 470,400 followers on the social media platform X that Bitcoin has entered the post-halving reaccumulation phase and may be months away from witnessing another steep upside move based […]

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Ethereum Nears Crucial Breakout: Could $4,000 Be The Next Move?
www.newsbtc.com

Ethereum, the second-largest cryptocurrency by market capitalization, is currently poised at a crucial juncture, with a prediction of a potential breakout. Prominent crypto analyst Jelle recently pointed out that Ethereum is nearing the end of a falling wedge pattern, a situation often interpreted as a bullish signal in technical analysis. Technical Indicators And Market Sentiment […]

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Ex-Florida congressman joins Coinbase Global Advisory Council
cointelegraph.com

Stephanie Murphy, Tim Ryan, and Pat Toomey — all former U.S. lawmakers — are on the council advising Coinbase on regulatory matters.

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Top 3 Cryptocurrencies: Solana, Arbitrum, BlockDAG?
nulltx.com

Solana, Arbitrum, and BlockDAG: Assessing the Top Cryptocurrency to Invest in 2024 Seeking the next prominent cryptocurrency investment entails analyzing projects with genuine potential. Solana, Arbitrum, and BlockDAG stand out as popular names and pioneers with significant achievements in the cryptocurrency realm. Solana has been bolstered by institutional support, Arbitrum has carved out a lead […]

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Bitcoin (BTC) Makes Crucial Move
u.today

Bitcoin clearly gaining some serious momentum, and that is exactly what we needed right now

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Hong Kong Police Arrest Three in 'Hell Money' <b>Cryptocurrency</b> Scam – Bitcoin.com News
www.google.com

… cryptocurrency in exchange for cash. The suspects, aged between 31 and 34, were detained on suspicion of obtaining property by deception. The …

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Case Study: Enabling Bitcoin as a Medium of Exchange at the Bitcoin Asia Conference in Hong Kong
bitcoinmagazine.com

The Bitcoin Asia conference held on May 9 and 10, 2024 in Hong Kong demonstrated a significant milestone in the adoption of bitcoin as a legitimate medium of exchange. This article outlines the strategies and technologies implemented to facilitate seamless bitcoin transactions for goods and services over the two days, leveraging the capabilities of self-custodial […]

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Why Aren’t Altcoins Booming? Expert Provides 3 Theories
crypto-economy.com

TL;DR Haseeb Qureshi from Dragonfly analyzes why altcoins are not showing the expected bullish momentum in the digital asset market. Data does not support the idea that retail investors are losing due to selling by institutional investors. There is also no evidence that investors are abandoning altcoins for popular memecoins like Dogecoin. Market distortions will […]

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Here’s Why ETH Just Exploded 10% Back To $3400
cryptopotato.com

Ether (ETH) surged 10% on Monday in the span of a few minutes following credible rumors that the asset could receive its own spot ETF in the United States within days. ETH traded for $3150 on Monday at 17:44 UTC, before surging to $3450 within 25 minutes. This followed a tweet from Bloomberg ETF analyst […]

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Nigeria’s SEC-Crypto License
news.bitcoin.com

In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster market integrity, safeguard investors, and deter financial crimes. The rules mandated digital asset exchanges to register, adhere to anti-money laundering (AML) practices, […]

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Genesis Hits the Wall with $2 Billion Settlement, Shown the Door in New York
www.financemagnates.com

New York Attorney General Letitia James has finalized a settlement worth $2 billion with the bankrupt cryptocurrency firms Genesis Global Capital, LLC, Genesis Asia Pacific PTE, LTD., and Genesis Global Holdco, LLC (collectively known as Genesis). This settlement aims to maximize recoveries for investors who experienced financial losses. It includes the creation of a victims’ […]

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Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000
www.newsbtc.com

After enduring a significant 20% price correction earlier this month that saw Bitcoin fall below $56,400 and increased outflows from the Bitcoin ETF market, the world’s largest cryptocurrency has managed to stage a strong comeback. It has broken above the key $66,000 resistance level and turned it into a new support zone. BTC Bounces Back […]

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Ether surges 18% amid new hope for spot Ether ETFs approvals
cointelegraph.com

If a 19b-4 spot Ether ETF filing be approved, analysts anticipate the SEC won’t immediately sign off on the S-1, which is required for the products to launch.

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Linux Inventor Says He Doesn’t Believe in Crypto
u.today

Linus Torvalds has said that cryptocurrencies are simply “a great vehicle for scams”

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Regulate <b>cryptocurrency</b> – Opinion News – The Financial Express
www.google.com

rbi, cryptocurrency, cryptocurrency under rbi, indian currency, rbi news, cryptocurrencies,. The RBI has time and again stuck to its stand against …

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Craig Wright Lied and Forged Documents: Judge Rules
bitcoinmagazine.com

A UK judge has ruled that Craig Wright, who claimed to be Satoshi Nakamoto, the creator of Bitcoin, lied extensively and forged documents during a high-profile trial. In a scathing 231-page judgment, Justice James Mellor stated that Wright “lied to the court repeatedly” and committed forgery “on a grand scale” in a failed attempt to […]

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Avalanche Price Surpasses Forecast After Rebound, This AI Crypto Might Be Next In Line
nulltx.com

Avalanche (AVAX) defied gravity this week, soaring past initial forecasts and exceeding market expectations. This impressive price surge has ignited a wave of optimism within the crypto community, and some analysts are already searching for the next potential breakout candidate. Meet Algotech (ALGT), an AI-powered crypto platform poised to follow a similar trajectory. Let’s delve […]

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Trump or Biden? Cardano’s Charles Hoskinson Outlines the Better Choice for the Crypto Industry
cryptopotato.com

TL;DR The upcoming US presidential elections feature Trump vs. Biden, with Trump leading in recent polls. Charles Hoskinson criticized both nominees but endorsed independent candidate Robert F. Kennedy Jr. for his friendly stance on the digital asset industry. Cardano’s founder believes the pro-crypto vote will be crucial, suggesting that millions of Americans support the sector. […]

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The Week’s Biggest Crypto Gainers and Losers: PENDLE Soars, WLD Plummets
news.bitcoin.com

This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%. Weekly Crypto Highlights: Double-Digit Gains and Losses Across the Board As of Monday, the total value of the crypto economy stands at […]

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Quant Analyst PlanB Says Bitcoin Flashing ‘2017 Vibes,’ Hints at Final Chance To Accumulate BTC Below $70,000
dailyhodl.com

Well-known quant analyst PlanB says that Bitcoin (BTC) looks the same as it did in 2017 before witnessing a meteoric ascent. PlanB tells his 1.9 million followers on the social media platform X that BTC is currently four months into its bull market phase, indicated by the four red dots on his chart. “2017 vibes.” […]

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Top Analyst Flips Bearish on Pepe (PEPE), Warns Popular Memecoins Will Witness Over 80% Correction
dailyhodl.com

An analyst who rode the 2023 crypto breakout thinks that memecoin Pepe (PEPE) is headed to much lower levels. Pseudonymous analyst DonAlt tells his 553,800 followers on the social media platform X that PEPE appears to have made a false breakout to new all-time highs before sellers pushed the price below its range high of […]

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World’s Largest Crypto Asset Manager, Grayscale, Appoints New CEO: Will This Affect Bitcoin ETFs?
crypto-economy.com

TL;DR Peter Mintzberg will be the new CEO of Grayscale Investments starting August 15. Michael Sonnenshein steps down after a decade of leadership, during which the firm experienced significant growth. The leadership change comes at a time when the company has seen a decrease in outflows from its Bitcoin ETF funds. Grayscale Investments, the world’s […]

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Memecoins Trading Volume Surge Despite Market Downturn
crypto-economy.com

TL;DR Despite market turbulence, memecoin trading volumes remain strong. Meme tokens continue to be some of the best performing assets of the year. The correlation between memecoins and other speculative assets remains weak and volatile. The recent turmoil in financial markets has failed to slow the momentum of meme tokens. As investors seek refuge in […]

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