One altcoin project soared over a 24-hour period as a crypto whale accumulated a massive amount of its tokens, according to on-chain data. Blockchain tracking firm Lookonchain says that the native token of the automated market maker (AMM) Bancor Network (BNT) witnessed a big burst to the upside in a day as a single wallet acquired […]

Binance’s ambitious Industry Recovery Initiative (IRI), a project aimed at supporting the cryptocurrency industry following the collapse of the FTX exchange, has reportedly fallen short of its funding goals.  The IRI, spearheaded by Changpeng Zhao the CEO of Binance, was launched in November 2022 with the intention of raising at least $1 billion from industry […]

An escalating Israel-Palestine conflict and millions of dollars worth of whale transfers are among the catalysts that have driven the XRP price lower today.

TL;DR Kristina Campbell, Ripple’s ex-CFO, joins Maven Clinic. Ripple wins two court cases against the SEC; trial set for April 23, 2024. A positive verdict for Ripple may boost XRP’s price in 2024. Replacing Ripple With a Health Company Kristina Campbell, who spent the last two and a half years serving as Ripple’s Chief Financial […]

Summary First cross-border transaction with eAUD and USD achieved. RBA works with Australian blockchain firms and major banks. Privacy issue remains key point and major obstacle to adoption David Lavecky, head of blockchain firm Canvas, recently spoke in an interview about the firm’s involvement in the Australian Reserve Bank’s (RBA)  pilot to a central bank […]

Deribit is planning to introduce options contracts for three major altcoins. In January, the cryptocurrency exchange for options will offer options trading for Solana’s SOL, Ripple Labs’ XRP, and Polygon’s MATIC token. This expansion, as reported by Bloomberg, is part of Deribit’s strategy to diversify its product portfolio despite the uncertain market conditions. Additionally, the […]

Cryptocurrency as property of bankruptcy estate, perfection of security interests in cryptocurrency, and how changing value of cryptocurrency …

​​Fear the wizards. Not those wizards, real wizards. Announced today by developer Robin Linus of ZeroSync, an association founded to help scale Bitcoin by using zero-knowledge proofs, BitVM is a proposal that opens very interesting doors for Bitcoin application development going forward. It can enable pretty much any arbitrary computation, and use that computation to […]

Last week marked a noteworthy surge for Solana in inflows, leading the pack in altcoin investment interests and outshining Bitcoin. Solana’s recent performance particularly placed it in the spotlight as it amassed roughly $24 million, the altcoin registered its largest inflow since March 2022, according to a recent report from Coinshares. A Closer Look: Dissecting […]

Digital assets manager CoinShares says that one Ethereum (ETH) rival is being favored by institutional investors as the crypto markets rake in their biggest inflows in months. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that digital assets took in inflows of $78 million last week, the second week of positive inflows in […]

U.Today has collected weekend’s top crypto news for you in its latest news digest, check it out!

Michael Lewis painted an overwhelmingly positive picture of former FTX CEO Sam Bankman-Fried in his new book, “Going Infinite: The Rise and Fall of a New Tycoon.”

Deribit, the world’s leading crypto options exchange, is planning to launch options contracts on three popular alternative cryptocurrencies: XRP, SOL, and MATIC. The move comes amid growing demand and volatility in the crypto market, as well as the exchange’s expansion plans in the European Union. XRP, SOL, and MATIC are among the top 20 cryptocurrencies […]

The U.S. Department of Justice (DOJ) has asked the court to prevent Sam Bankman-Fried (SBF), the former CEO and founder of crypto exchange FTX, from using his investment in Anthropic, an artificial intelligence (AI) startup, as part of his defense in his ongoing fraud trial. SBF is accused of misappropriating over $1 billion worth of […]

Bitcoin’s price dipped by a few hundred dollars over the past 24 hours but recovered all losses and even headed toward $28,000. At the same time, most alternative coins are in the red once again, with ETH slipping below $1,600. Could BTC Challenge $28K? After failing to overcome the $28,000 level at the end of […]

The world of cryptocurrency has long been a source of interest and contention, with supporters applauding its potential for financial innovation and detractors worried about its usage in unlawful activities. One such concern that has lately gained attention is whether cryptocurrencies are aiding in the spread of the deadly opioid crisis, specifically the distribution of […]

The earnings of crypto mining businesses are correlated to the market prices of Bitcoin, and the industry is currently not profitable.

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin Decouples with Gold Bitcoin and gold have similar inflation-hedge narratives. Currently, gold has a lower inflation […]

Edward Farina, the founder and CEO of various crypto-focused initiatives, is confident that XRP is a better “investment” in early October than it was before July when the United States Securities and Exchange Commission (SEC) claimed that the coin was an unregistered security. In a post on October 9, Farina asserted that the coin was declared not […]

Investing veteran Charlie Munger of Berkshire Hathaway is reportedly saying most digital assets – including Bitcoin (BTC) – will ultimately go to zero. Speaking at Zoom’s Zoomtopia conference, Fortune reports that the 99-year-old vice chairman of Warren Buffett’s empire says that investing in crypto is stupid. “Don’t get me started on Bitcoins – that was […]

A closely followed crypto strategist says more rallies are likely in sight for a low-cap altcoin running on the Ethereum (ETH) blockchain. Pseudonymous analyst Altcoin Sherpa tells his 196,700 followers on the social media platform X that the native asset of the image-synthesizing ecosystem Render Network (RNDR) is likely due for a 33% rally from […]

Crypto strategist Benjamin Cowen says that the crypto market is entering one of the most “brutal” stages of its cycle. Cowen tells his 768,800 followers on the social media platform X that Bitcoin’s (BTC) dominance, or its total share of the crypto market capitalization, is now going up as risk appetite for the asset class […]

As Israel declares a state of war against the Palestinian military group Hamas, the crypto community is speculating on how Bitcoin (BTC) and the broader altcoin markets will react. The market volatility tends to increase during geopolitical crises such as war or other military conflicts. While the price of commodities such as oil and gold […]

Crypto lawyers are seemingly divided over the significance of a court order to dismiss the SEC’s motion.

Can traders expect DOGE to rise next week?

The U.S. Securities and Exchange Commission (SEC) has stated that digital assets have no inherent value. In a court motion filed last week against Coinbase, the top US crypto exchange by volume, the regulatory agency says that digital assets have no real value as they cannot generate profits on their own. “Real estate has ‘inherent […]

Lucky Star Currency ($LSC), a relatively new cryptocurrency token on the Binance Smart Chain (BSC), has suffered a massive blow, shedding a staggering 99.25% of its value due to an exit scam totaling approximately $1.11 million in BUSD stablecoin. The incident has once again put the spotlight on the growing scams and malicious activities in […]

Investors and traders turn to the latest technology in order to predict the future of specific cryptocurrencies. Recently, they turned to the AI-driven chatbot ChatGPT. When asked about the best cryptos to watch throughout 2023, it mentioned ApeCoin (APE), Pepe (PEPE), and Everlodge (ELDG), among others. Summary ApeCoin can reach its highest point by the […]

Binance has unveiled copy trading for its futures products in selected markets. This feature allows users to follow and replicate seasoned traders’ trading portfolios and strategies. It allows users to become lead and copy traders simultaneously, fostering more interaction within the trading community, the company said. Rachel Conlan, the Chief Marketing Officer at Binance, remarked: […]

Then, an author shares his new book documenting how cryptocurrency grew quickly before crashing.

Bitcoin price failed to clear the $28,500 resistance and corrected lower. BTC retested the $27,250 support and is currently attempting a fresh increase. Bitcoin is holding gains and still consolidating above the $27,250 zone. The price is trading below $27,800 and the 100 hourly Simple moving average. There is a key bearish trend line forming […]

The Dow and S&P 500 fell early in the day, but rebounded to end the day positive.