Fantasy Top, a new card-based fantasy game built on L2 scaling solution Blast, launched last week to great success. The game allows players to buy cards for their favourite crypto influencers, which are then rewarded points based on engagement on social media. The game generated millions in trading volume and profits over just the first […]

Just as the U.S. House of Representatives approved a resolution demanding that the Securities and Exchange Commission roll back its anti-crypto banking policies, the White House preemptively declared that it will be vetoed if passed. The resolution to overturn a 2022 SEC bulletin passed with bipartisan support, 228-182, on Wednesday, earning praise from crypto advocates […]

Securities and Exchange Commission (SEC) Chair Gary Gensler has slammed the cryptocurrency sector for not providing adequate disclosure to investors compared to the traditional financial space. In an interview with CNBC, Gensler said that most cryptocurrencies are considered securities and must comply with the relevant laws. Gensler’s comments came a few days after Robinhood’s crypto […]

Originally published on Unchained.com. Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website.  The following is an excerpt from “Your Wealth is […]

The CEO of MicroStrategy, Michael Saylor, recently critiqued Ethereum (ETH), Cardano (ADA) and Ripple (XRP) as he labeled them securities. This brought about a lot of talk among traders as they now look at safer options like Rollblock (RBLK). Analysts hint that this Stage 1 presale star could be the next $0.5 token in 2024 […]

This week’s Bitcoin options expiry sits at $1.35 billion, but what is the expected impact on BTC price?

[PRESS RELEASE – New York, New York, May 9th, 2024] Arch Raises $7M Led By Multicoin Capital To Build The First Bitcoin-Native Application Platform ArchVM Enables Bridgeless Applications On Bitcoin, The World’s Largest And Most Secure Blockchain HONG KONG, MAY 8, 2024 — Arch Labs, the inventors of Arch, a Bitcoin-native application platform that unlocks […]

Jan Nieuwenhuijs, a gold market analyst, has predicted a new multi-year bull market for gold. According to different factors, including the low percentage of gold as part of the global international reserves, and the size of the equity market, gold prices might be preparing to rise, putting prices of $8,000 per ounce in the realm […]

Stay updated on all of the industry’s top events with U.Today’s crypto news digest!

Blockchain analytics platform Santiment says one Ethereum (ETH)-based altcoin project is leading in the real-world asset (RWA) sector based on development activity. Santiment says that blockchain oracle Chainlink (LINK) is seeing the greatest amount of daily activity on the development hosting platform GitHub. LINK Is seeing more than two times the amount of development activity […]

TL;DR Charles Hoskinson confirms integration of CIP-69 in the next Cardano hard fork. Community and Cardano Foundation support the inclusion of CIP-69 in the Chang Hard Fork. Changes are expected in the post-Chang roadmap construction process. Cardano (ADA) founder Charles Hoskinson has confirmed the integration of Cardano Improvement Proposal (CIP) 69 into the upcoming Chang […]

While most altcoins are still struggling to come back from their recent lows, Front regained strength last week and has been on a buying spree ever since. Despite witnessing slight retracement, it still holds 8% gain. Starting the year on a positive note, Front rallied by almost 10x to reach $3.08 in mid-March but it […]

BYDFi announces its May Madness Trading Challenge. New users get 50 USDT just for signing up or up to 1000 USDT.

In the world of cryptocurrencies, the allure of obtaining digital assets at no cost is a powerful draw. Airdrops, a concept as intriguing as it sounds, serve as one of the primary methods through which crypto projects distribute their tokens freely to a broad audience. These events not only enrich individual portfolios but also enhance […]

An attacker could have placed a limit buy order with an arbitrarily high open price to automatically win every trade, the Zellic security platform discovered.

Retail interest in crypto is low due to past burns and macroeconomic concerns.  Miles Deutscher argues that sectors like crypto gaming and RWAs, along with a successful app, could revive retail interest. AI and potential big projects like the ASI merger could attract new investors, challenging the notion that all crypto is a scam. Retail […]

The European Securities and Markets Authority (ESMA), the EU’s financial watchdog, is reviewing whether to allow Bitcoin into the region’s €12 trillion mutual fund market. JUST IN: 🇪🇺 EU Securities Authority is exploring adding #Bitcoin and Crypto exposure to the €12T investment market. EU is gearing up 🙌 pic.twitter.com/kVYZrrEFCx — Bitcoin Magazine (@BitcoinMagazine) May 9, 2024 […]

A recent survey conducted by The Harris Poll and commissioned by Digital Currency Group (DCG) reveals that cryptocurrency is emerging as a critical issue among voters in key swing states. Over 20% of respondents from states like Michigan, Ohio, and Pennsylvania demand more discourse on digital assets from political candidates ahead of the 2024 elections. […]

SEC Chairman Gary Gensler recently made some comments regarding crypto industry

HodlX Guest Post  Submit Your Post   The UX problem in Web 3.0 and GameFi has no one-size-fits-all solution. It is a sophisticated and interconnected issue – otherwise, we would have seen it solved many years ago. Indeed, Ethereum has done a great job in lowering its transaction fees and increasing throughput. Similarly, layer-two solutions introduced […]

MarketVector, a subsidiary of the renowned American asset management giant VanEck, has launched the MEMECOIN Index. It has shown impressive performance, surging 195% in the past year and 137% since the start of 2024. This index aims to track the performance of six popular meme coins, such as DOGE, SHIB, and others. VanEck’s MEMECOIN Index […]

The company FTX said it's looking to finalize a recovery plan through bankruptcy court.

Movement and accumulation from crypto whales are two of the catalysts for Bitcoin price increases. Although major whales are still buying the dip, on-chain data indicates a general waning accumulation momentum which suggests their conviction might actually be waning.  According to IntoTheBlock, an on-chain analytics firm, Bitcoin whale accumulation volumes have declined substantially in each […]

Crypto users are increasingly turning attention to new SocialFi apps, but analysts say it’s probably too early to say whether “SocialFi season” has arrived.

BlockDAG’s 30,000x ROI Forecast Secures Its Spot Among the Top 4 Cryptocurrencies for Max Returns, Alongside DOGE and FLOKI As we experience a bullish trend in the cryptocurrency market, BlockDAG, KangaMoon, Dogecoin, and Floki Inu are leading the race with their promising financial prospects. BlockDAG is at the forefront with innovative technology and a successful […]

Bankrupt cryptocurrency exchange FTX plans to repay 98 percent of its creditors up to 118 percent of their claims in cash, an announcement yesterday (Tuesday) detailed. Only creditors with $50,000 or less in claims will be eligible to receive the claims under this plan, which is expected to be fulfilled within 60 days of court […]

Originally posted on Medium. In the context of bitcoin, “normie” means something like “don’t know, don’t care.” And “normie” comes from “normal.” In other words, normal people don’t care about bitcoin, at least not enough to use it. Lack of exposure is not the problem. Bitcoin now regularly appears in the headlines of mainstream media, […]

A widely followed crypto analyst and trader is expressing bearish sentiment on a top-50 memecoin by market cap. The analyst pseudonymously known as Bluntz tells his 258,100 followers on the social media platform X that dogwifhat (WIF), which is built on the Solana (SOL) blockchain, could drop by around 66% from the current level. According […]

The widely followed analyst Benjamin Cowen is saying that Ethereum (ETH) is at risk of facing more downside over the coming months. In a new video, Cowen tells his 801,000 YouTube subscribers that monetary policy is likely to negatively affect Ethereum. “I think that ETH/USD is still facing some headwinds here, especially following the potential […]

US Presidential candidate Donald Trump came out in support of cryptocurrency during a special event for Trump NFT holders at his Mar-a-Lago resort in Florida late Wednesday. The embattled former U.S. President and 2024 hopeful lamented that crypto companies are fleeing America. “Crypto is moving out of the U.S. because of hostility towards crypto,” Trump […]

The post Trump Says He’s ‘Good With’ Bitcoin and Crypto, Claims Biden Doesn’t Understand Digital Assets appeared first on Crypto News Australia.

A recent research paper from the National Bank of Rwanda recommends a two-tier, universal, zero-interest central bank digital currency (CBDC) with partial pseudo-anonymity. Although the research paper identifies 15 opportunities for CBDC, only four are said to offer “high potential benefits and limited alternative choices to obtain similar advantages.” Research Paper Identifies 15 CBDC Opportunities […]