A widely followed crypto analyst is keeping an eye on Bitcoin (BTC) while breaking down Chainlink’s (LINK) latest movements. Pseudonymous crypto trade Rekt Capital tells his 354,700 followers on the social media platform X that BTC’s current price point is acting as a “point of reflection” for the largest crypto asset by market cap. “BTC  Acting as […]

Argentina’s capital city is teaming up with Self-Sovereign Digital Identity (SSI) protocol QuarkID to launch a digital identification service that uses the layer-2 blockchain zkSync Era. According to a press release, Buenos Aires will roll out the blockchain-based identification initiative for its 15 million residents in October. Citizens living in the city can download the […]

Can bulls get to $27,000 mark soon?

The New York-based cryptocurrency exchange Gemini has announced its decision to suspend services to Dutch customers starting from November 17. This move is as a result of regulatory pressures imposed by the De Nederlandsche Bank (DNB). However, Gemini is not exiting the Dutch market for good; the exchange aims to re-enter the country once it […]

By ZEN SOO Associated Press. HONG KONG (AP) — Police in Hong Kong and Macao say they arrested four more people linked to the cryptocurrency …

A U.S. government shutdown is not inevitable, but even if one lasts for just hours or days, lawmakers’ priorities on their return may not be digital assets.

After witnessing a massive explosion in June, BCH corrected lower and entered the second half of the year in a bearish mode. However, it later established support and bounced back. Against Bitcoin, the price remains strong. Bitcoin Cash started to gain traction after locating support at $165.5 in August. It further broke out of a […]

One of the co-founders of bankrupt crypto hedge fund Three Arrows Capital (3AC) has reportedly been arrested in an airport in Singapore. According to a new report by The Business Times, 3AC co-founder Su Zhu has been apprehended at the Changi airport as he attempted to leave Singapore. Zhu has received a four-month jail sentence […]

Three finalists have been selected for the Bitcoin Alpha Competition, a crowd-sourced campaign to find the next top Bitcoin fund manager. The manager with the most promising approach for generating alpha in the bitcoin market will be awarded $1 million USD in seed capital and announced on the Main Stage of the Bitcoin Amsterdam Conference […]

Despite some analysts noting why XRP is unlikely to end on a high, certain macro (and micro) factors could significantly impact the token’s price and possibly see it enjoy the same trajectory it did following Judge Analisa Torres’ ruling in favor of Ripple.  SEC-Related Factors Could Impact XRP Price On August 17, the US Securities […]

This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining.

Stablecoin issuer Circle has entered litigation in an important development in the ongoing legal dispute between the U.S. Securities and Exchange Commission (SEC) and prominent cryptocurrency exchange Binance. In support of Binance, Circle, the company behind the widely used USDC stablecoin has joined its voice, arguing that stablecoins shouldn’t be subject to the same regulatory […]

In a significant turn of events, FTX, the cryptocurrency exchange that filed for bankruptcy at the end of 2022, is showing signs of financial recovery. The expected payments ratio for claims made by creditors against FTX has experienced a significant increase, rising to between 35% and 40%. This is a substantial leap when compared to […]

Ethereum (ETH) price rapidly climbed 3% to hit $1,650 on September 28 after Bloomberg Analyst Eric Balchunas hinted that the SEC could approve an Ethereum Futures ETF on Friday. How will Ethereum spot market prices react? News of an imminent Ethereum ETF approval has triggered an influx of capital in ETH Derivatives markets. How high […]

Terraform Labs co-founder Do Kwon has refuted the significance of Slack messages as evidence, which involved discussions with his co-founder Daniel Shin about manipulating transactions on the Terra blockchain to attract investors. The United States Securities and Exchange Commission (SEC) included the Slack conversation between the two co-founders, which was dated back to September 2019, […]

Joel E. Cohen, a mathematician and biologist acting as the valuation adviser for Celsius Network through Stout Risius Ross, has verified the accuracy of the fair value of specific assets and liabilities of the debtors. After several months of negotiations and discussions, most Celsius creditors have recently approved a plan that would return around $2 […]

Read about the latest crypto events with U.Today’s daily news digest!

Su Zhu, the Co-founder of Three Arrows Capital (3AC), has been arrested in Singapore. His arrest is linked to his alleged failure to cooperate during the bankruptcy proceedings of 3AC, the now-bankrupt crypto lending company. Today (Friday) afternoon at Changi Airport in Singapore, Zhu was arrested. His attempt to leave the country led to his […]

… cryptocurrency within mainstream finance. This news follows the company's earlier venture into the crypto space with its Bitcoin Strategy ETF. The …

A top-35 altcoin has jumped by nearly 45% in the past month, dramatically outpacing most of a middling crypto market. The native governance token of the decentralized finance (DeFi) protocol Maker (MKR) is trading for $1,513 at time of writing, up from $1,047 one month ago. The 34th-ranked crypto asset by market cap is also […]

A trillion-dollar bank is rejecting a young couple who claims tens of thousands of dollars has disappeared from their account. 21 year-old Elli Houston and 23 year-old Trae Murphy say they initiated a $90,000 AUD transfer, worth about $58,000 USD, out of their Commonwealth Bank account back in June, reports the Daily Mail. The couple […]

The primary reason many people get into the crypto space is to build riches, and these cryptocurrencies, Avalanche(AVAX) and Bitcoin Spark (BTCS) have emerged as two contenders, each having unique features and potential for those seeking the path to riches. This content examines AVAX and BTCS’s prospects and current events. Avalanche Recovery (AVAX) Avalanche, AVAX, […]

Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation schedule will ensure market stability.

Casey Rodamor, the creator of the Ordinals protocol and reference implementation, recently dropped a proposal for a replacement to the BRC-20 fungible token protocol: Runes. It took roughly seven hours before basic implementations were live and people were minting tokens. They didn’t draw from a specification, or a concrete design, just a rough blog post […]

Bitcoin has broken back above the $27,000 level during the past day, but if on-chain data is to go by, this surge may not last for long. Bitcoin Investors Are Taking Profits At Highest Rate In 3 Months According to data from the on-chain analytics firm Santiment, there is a chance that a short-term correction […]

Has DOGE got enough energy for midterm rise?

We’re thrilled to announce that Kraken now supports deposits and withdrawals of Ethereum (ETH) and Optimism (OP) on Optimism. Additionally, Optimism (OP) is now available on Kraken! Funding and trading Optimism (OP) funding and trading are already live. You can transfer ETH or OP to your Kraken account by navigating to Funding and selecting ETH […]

Brian Armstrong, the CEO of Coinbase, one of the US’ largest cryptocurrency exchanges, has criticized JPMorgan Chase UK’s recent decision to prohibit its customers in the UK from engaging in crypto-related transactions. Armstrong expressed his discontent on X (formerly Twitter) on September 26, labeling Chase Bank’s actions as “totally inappropriate”. Armstrong Requests Chase UK’s Crypto […]

In the simplest of languages, cryptocurrency can be defined as a virtual or rather digital form of currency which is decentralized or global in nature …

Sam Bankman Fried (SBF), the founder of cryptocurrency exchange FTX, faced a setback as he sought release from jail before his upcoming fraud trial set to commence next week. Despite his efforts, U.S. District Judge Lewis Kaplan denied his bid for freedom once again. Judge Kaplan’s Position  As per multiple reports, the decision not to […]

Chainlink has experienced a considerable surge in its overall value over the past week. It has injected a sense of optimism among investors. At this point, the positive sentiment is driven by increased whale activity. Whales have been busy accumulating Chainlink (LINK) tokens as a number of crypto assets throughout the broader crypto market have […]

The Litecoin (LTC) price has decreased since its yearly high in July, falling by 50% in the process. The decrease caused a breakdown from a long-term ascending support trendline, taking the price to the $64 long-term support. Litecoin Returns to Long-Term Horizontal Support The weekly timeframe technical analysis for Litecoin shows that the price has […]