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Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. Ethereum (ETH)'s recovery could stall as the broader digital currency ecosystem faces collapse and mild volatility. This is…
Wallet linked to Ethereum Foundation sends $3 million ETH to exchange, causing another crash?
A wallet associated with the Ethereum Foundation transferred $3.03 million in ETH to Bitstamp, increasing speculation about a possible sale. Recent blockchain activity related to the Ethereum Foundation has gained further attention with a large transfer of 1,250 ETH worth approximately $3.03 million to the Bitstamp exchange. This trade, which happened just a day ago, sparked debate within the cryptocurrency community. According to Akharm Intelligence, this address was originally funded by the Ethereum Foundation and received 51,251 ETH from the organization nine years ago. At the time, the fund's value was $51.2 million, which has since increased to an estimated…
Standard Chartered announces that Bitcoin will soar to $200,000 in 2025 no matter who wins the US election – DL News
British banking analysts say there is not much certainty regarding Ether and SOL.Both Trump and Harris have changed their approach to cryptocurrencies.This is another sign that Bitcoin's risk to political fluctuations is decreasing.First of all, the good news.Regardless of who wins the US presidential election, the price of Bitcoin will likely triple to $200,000 by the end of 2025, according to Jeffrey Kendrick, global head of digital asset research at Standard Chartered Bank. .However, things are not so rosy for Ethereum and Solana, the second and third largest cryptocurrencies in the world.“Broadly speaking, we believe the Trump administration will be…
hello and welcome Erin Mewmew Lissy's Dislikes. I'm your host, Dame Brian Moylan. This week we not only focus on what we hate about Erin Miu Miu Lissy, but we also have special guest Becky Minkoff. We also found some things we didn't like about her. This episode focuses on Erin and what she's going through. Did you know that her mother had cancer? I don't mean to make fun of women with cancer, and I think cancer was very traumatic for Erin, but I know that Angie K. is Greek and Just like she brings up certain things, she…
Analysts say Bitcoin is starting to show signs of being undervalued relative to the network's fundamentals, presenting investors with a potential buying opportunity.Ilya Otichenko, principal analyst at CEX.IO, said active Bitcoin addresses have been rapidly increasing, increasing by 39% in the past week. This shows an increase in demand and liquidity, he said.Otichenko also noted the sharp decline in Bitcoin's network value-to-Metcalf ratio (NVM). NVM measures the relationship between Bitcoin's market value and activity on its network, indicating potential undervaluation or overvaluation. And currently, Bitcoin's NVM is at levels not seen since all-time highs, suggesting the cryptocurrency may be trading…
Solana-based meme coin Bonk (BONK) has been in the doldrums for a while, losing its spot as the leading Solana meme coin to Dogwifhat (WIF). However, analyst Brandts predicted that BONK could enjoy a parabolic rise in the near future. Ethereum token ETFSwap (ETFS) is also predicted to enjoy unprecedented price increases in this market cycle. ETFSwap (ETFS) Enjoys Unprecedented Price Rise Analysts predict that ETFSwap (ETFS) could enjoy unprecedented price appreciation of up to 30,000% from its current price. $0.03846 Pre-sale currently underway. Ethereum tokens are expected to enjoy this price surge thanks to its superior utility. ETFS is…
A popular crypto trader believes one of Dogecoin’s (DOGE) rivals could be headed for a breakout soon. A pseudonymous analyst known as Altcoin Sherpa told his 224,000 followers on social media platform , said the price could soar toward $3.50. Despite the potential for a breakout, Altcoin Sherpa says he won’t buy WIF at its current levels. Source: Altcoin Sherpa/X At the time of writing, WIF is trading at $2.47. The 42nd-ranked cryptocurrency by market capitalization has fallen more than 7.6% in the past 24 hours. The analyst also believes meme coin POPCAT could witness a short-term price surge. “I…
in this storyWho created Bitcoin? Is it finally known? Probably not. “Money Electric: The Mystery of Bitcoin” New HBO (WBD) In a documentary that premiered on Tuesday, former Bitcoin developer Peter Todd claims to be Satoshi Nakamoto, the creator of Bitcoin. Hours before the documentary was released, a 39-year-old Canadian software designer who was involved in the early development of Bitcoin denied the claims. He said he is not the creator of Bitcoin.The next Nvidia? Data center stocks could be a goldmine, strategist saysIf this documentary is to be believed, Todd was only 23 years old when the Bitcoin white…
New US government filings suggest Bitfinex may be the only company eligible for compensation in connection with a 2016 hack that resulted in the theft of approximately 120,000 BTC . After the publication of the document, Bitfinex’s LEO token rose 14% to $6.85.The document states:“The Government is not aware of any victims under the CVRA or who may be eligible for compensation under the MVRA, beyond perhaps Bitfinex, Victim Virtual Currency Exchange (“VICTIM VCE”). ”As reported in court documents, this positions Bitfinex as the main party affected by the cyber attack.After the hack, Bitfinex reduced all customer account balances by…
XBO.com, a cryptocurrency exchange platform, has entered into a strategic partnership with Muinmos, a pioneer in automated compliance solutions. The partnership will significantly upgrade XBO.com's KYC processes, risk management strategies, and user onboarding speed and security.The partnership between XBO.com and Muinmos is driven by the need to strengthen XBO.com's security framework and compliance capabilities. As the cryptocurrency market continues to grow, maintaining trust and complying with international and local regulatory standards becomes increasingly important.XBO.com operates as a cryptocurrency exchange designed to provide a secure and user-friendly service to its clients by integrating advanced technology into its operations. Similarly, Muinmos specializes…