Chainlink has teamed up with USDC issuer Circle by integrating the company’s interoperability protocol into its own. The new cross-chain protocol will support developers integrating USDC transfers across independent Layer 1 chains. Chainlink is a decentralised oracle network with a keen eye on interoperability, forming other strong partnerships with real-world institutions like ANZ. The blockchain […]

The recent rollercoaster ride in Bitcoin’s price has left the cryptocurrency community on edge. Despite optimistic expectations following the SEC’s approval of Bitcoin ETFs, the reality has proven different. Bitcoin’s dip below $43,000 has positioned it slightly under a crucial on-chain level, triggering concerns within the market. Notably, 2.68 million addresses collectively acquired over 1 […]

Bitcoin is down by almost 10% as it continued to face an uphill battle following the approval of much-anticipated spot ETFs by the SEC. But relief for the flagship crypto-asset might not transpire just yet. In fact, the positive and negative movements of the Korean “Kimchi” Premium and the Coinbase Premium, respectively, signal a potential […]

Bitcoin at major support level right now, which should become strongest line of defense for digital gold

… cryptocurrency mining malware that enabled the theft of more than $2 million worth of cryptocurrency since 2021, reports The Record, a news site …

The core of Bitcoin’s security model relies on this basic game theory—miners, armed with their digital pickaxes, are in a relentless chase for profit. And it’s this pursuit that keeps the network secure. Basic vanilla mining involves producing blocks to earn the block rewards and transaction fees, but have you ever considered that miners might […]

The year 2023 has been a remarkable one for the crypto and Web3 space, with many innovations, challenges, and opportunities emerging. The adoption of decentralized technologies has grown exponentially, reaching new heights of user engagement, value creation, and social impact. As we enter 2024, what are some of the trends that will shape the future […]

In a recent interview at the World Economic Forum in Davos, Jeremy Allaire, the CEO of Circle, expressed optimism about the future of stablecoin regulation. Allaire anticipates that 2024 could be a significant year for the progress of U.S. regulations for stablecoins. Allaire highlighted the increasing global regulatory developments, with governments around the world actively […]

The recent approval of several Bitcoin ETFs in the United States has triggered a series of volatile events in the cryptocurrency market. Despite expectations of a continuation of the rally, Bitcoin (BTC) closed the week in the red, falling from $48.7k to $42.6k. The approval of the ETFs generated a strong market response, with a […]

In a significant development that could potentially impact the Bitcoin price, Arkham Intelligence data reveals that Grayscale, the manager and owner of the Grayscale Bitcoin Trust (GBTC), has been sending a significant amount of Bitcoin to Coinbase since the launch of Bitcoin spot exchange-traded funds (ETFs) on January 12. Grayscale Bitcoin Trust Initiates Substantial BTC […]

In surprising move, 443.1 million XRP, worth $254.8 million, recently changed hands, adding to intrigue surrounding popular cryptocurrency

InvestorPlace – Stock Market News, Stock Advice & Trading Tips. If we want to grow our cryptocurrency portfolio for this new year, …

A closely followed crypto strategist warns that Bitcoin (BTC) is giving off the same technical reading that flashed before the crypto king’s deep corrective moves in 2016 and 2019. Analyst Jason Pizzino tells his 94,700 followers on the social media platform X that BTC respected the Gann 50% retracement level as resistance after last week’s […]

The trend towards enterprise adoption of distributed ledger technology continues apace as Mercedes-Benz and Ubisoft deepen their interest in Web3.  Mercedes-Benz has announced an update to its in-car Mercedes-Benz Operating System (MB.OS), which includes the ability for NFT owners to display their collections on their car’s dashboard.  Meanwhile, gaming giant Ubisoft formed a new blockchain […]

In the last month, Maker (MKR), the governance token linked to MakerDAO and the Maker Protocol, has seen an impressive 70% surge in its price. A recent analysis by LookOnChain, a prominent on-chain expert, suggests that during this period, significant crypto whales have been actively accumulating MKR. The report highlights the accumulation by 10 wallets, […]

The WEF in the Swiss town of Davos kicked off on Jan. 15 with more than 60 heads of state and government in attendance. In previous years, crypto companies were leading the advertising race in the main promenade in Davos; however, the billboards have been taken over by AI firms in 2024, reported CNBC. This […]

The fourth Bitcoin halving is almost upon us, and this one has the potential for some very interesting surprises. This halving marks the reduction of the Bitcoin supply subsidy from 6.25 BTC every block to 3.125 BTC per block. These supply reductions occur every 210,000 blocks, or roughly every four years, as part of Bitcoin’s […]

The European Banking Authority (EBA) has extended its guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). This initiative is significant in the EU’s ongoing battle against illicit financial activities. As crypto-assets become increasingly susceptible to misuse for criminal purposes, the EBA’s guidelines aim to equip CASPs with […]

K33 Research, a prominent entity in the cryptocurrency research sector, has released a scathing report on Cardano (ADA), sparking widespread discussion in the crypto community. The report bluntly advises investors to divest from Cardano, citing a lack of meaningful use for its native token, ADA. Sell All ADA Now? In a detailed examination, K33 Research […]

Billionaire investor Bill Ackman believes that the Federal Reserve is set to cut interest rates as data shows that inflation is on its way down. In a new CNBC interview, the founder and chief executive of the hedge fund Pershing Square Capital Management says that a minimum, he sees the Federal Reserve announcing three rate […]

Solana Mobile, the company behind the successful Saga, the first smartphone with an integrated crypto wallet, is gearing up for its second move in the market. According to Coindesk, they are working on a more accessible and budget-friendly version of the original Saga, dubbed “Solana Mobile 2.0.” This strategic move aims to address both the […]

Even most reliable form of cryptocurrency protection can be compromised

Opening statements are set to begin Tuesday for a woman accused of funding terrorist groups through cryptocurrency.

The Crypto Fear and Greed Index fluctuates between ‘neutral’ and ‘greed,’ reflecting the changing investor sentiments in the crypto market. Santiment’s analysis suggests that the slowdown in the movement of older coins may indicate a pause in the market’s bullish trend. Trader Michaël van de Poppe suggests that while initial responses to the newly approved […]

2023 saw the end of the dreaded crypto winter, leading to the remarkable resurgence of Bitcoin (BTC). And with it, other altcoins. Injective (INJ) was one of the altcoins that became one of 2023’s biggest gainers, recording a 65x (!) increase after celebrating major milestones during the year. In 2024, one crypto in its presale […]

The first batch of ETF approvals came in last week. In the aftermath, Synapse Network co-founder Paweł Łaskarzewski has shed light on BlackRock’s moves that have captured the crypto community. Within a mere 2 days, the prominent investment giant withdrew a massive 11,500 BTC from the supply. In the latest post on X (formerly Twitter), Łaskarzewski […]

In a move to catalyze the growth within the Bitcoin ecosystem, Ego Death Capital announces the launch of a new funding round, Fund II, aiming to raise $100 million. Founded in 2021, the venture capital firm, led by Jeff Booth, Andi Pitt, Nico Lechuga, with advisory support from Preston Pysh, Lyn Alden, and Pablo Fernandez, […]

The European Securities and Markets Authority (ESMA) is gearing up for the implementation of the Markets in Crypto-Assets (MiCA) regulation. This regulation marks an important step in ushering in a new era of oversight for digital assets. As the ESMA gears up for the implementation of the MiCA regulation, the regulator has established a comprehensive […]

Fundstrat’s managing partner Tom Lee believes Bitcoin could benefit immensely from a new market following the introduction of spot BTC exchange-traded funds (ETFs) in the world’s largest economy. In a new CNBC interview, Lee says spot Bitcoin ETFs will make a “huge difference” in the market cap of the leading digital asset as it enables US […]

Crypto analyst Benjamin Cowen is updating his outlook on Bitcoin (BTC) as investors begin to anticipate the possibility that the Federal Reserve will reverse its tight monetary policies in the coming months. In a new strategy session, Cowen tells his 789,000 YouTube subscribers that when the Fed starts cutting rates, which CME’s FedWatch Tool indicates […]

Tether, the issuer of the ubiquitous USDT stablecoin, cemented its dominance in 2023, ballooning its market share to a staggering 71%. This explosive growth, however, comes with a chilling undercurrent: a United Nations report linking USDT to a surge in cybercrime and money laundering in Southeast Asia. Glassnode data paints a stark picture of Tether’s […]

Find out what happened in the world of crypto over the weekend with U.Today’s news digest