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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. XRP price action has strengthened recently, indicating that the death cross that has been approaching for several months…

Recently, prices have been on the rise again, Bitcointhere has been a notable increase in demand for the largest cryptocurrency asset among short-term holders, suggesting strong optimism about BTC's near-term growth potential. Short-term holders seek Bitcoin rebound Axel Adler Jr., a macro researcher and author at leading on-chain company CryptoQuant, recently said, reported Average demand for Bitcoin from short-term holders resumes after positive developments in BTC short-term holder supply 30D change metric After a period of decline. According to market data, these investors are typically identified by having owned BTC for less than 155 days and are once again actively…

An Indian man has been sentenced to five years in prison after being found guilty of stealing more than $20 million in a cryptocurrency fraud scheme using a fake cryptocurrency website. The U.S. Department of Justice announced that U.S. District Judge Kenneth D. Bell sentenced Chirag Tomar, 31, an Indian national, to 60 months in prison. Tomar will serve two years of supervised release after his sentencing. His sentence is the latest in a series of similar fraud schemes. Cryptocurrency fraud by spoofed websites Dena J. King, U.S. Attorney for the Western District of North Carolina, said Tomar deceived hundreds…

Kraken, a leading cryptocurrency exchange, has launched a wrapped Bitcoin token, kBTC. The new token is available on the Ethereum and Optimism networks and is backed 1:1 by Bitcoin. The move aims to expand the utility of Bitcoin within the decentralized finance (DeFi) ecosystem. Kraken's kBTC is Bitcoin with improved interoperability across many different blockchain platforms. This token allows users to trade Bitcoin on the Ethereum-based network, facilitating DeFi access to Bitcoin. The exchange's years of security expertise creates trust among users.- Advertisement – The kBTC reserve is secured in a separate wallet and the reserve is publicly verifiable. This…

Ethereum and Binance Coin have made early investors incredibly wealthy in previous cycles, but their best days may be behind them. In 2024, smart money will move into a highly disruptive space. roll block ($RBLK) presale looks like it's going to be amazing 100 times I'll be back for the next bull run! Find out if it’s time to sell out and give this emerging crypto casino a try. Ethereum (ETH) lead drops below 14% as many traders focus on competing chains Ethereum is up 1.5% today and has stabilized around the $2.5 million level. Ethereum has seen significant gains…

Bitcoin, the top cryptocurrency by market capitalization, briefly reached the $69,000 level on the Binance exchange at 18:46 UTC. BTC/USDT via TradingViewThe cryptocurrency managed to regain the aforementioned levels for the first time since late July. Notably, Bitcoin is already up nearly 9% during this “upover” after starting the month with a rather disappointing price performance. Expecting a massive rise? As pointed out by Josh Olszewicz, a prominent trader known especially for using the “Ichimoku Cloud” training strategy, there is a bullish Tenkang Criterion (TK) cross on Bitcoin's 3-day chart, which has caused the Bitcoin price to drop. is soaring…

.On a recent episode of SlateCast, we were joined by Nikolai Denisenko, co-founder and CTO of Brighty App crypto slate” Senior Editor Liam “Akiba” Wright and CEO Nate Whitehill discuss the evolving landscape of neobanks and their integration with cryptocurrencies. Denisenko, a former lead backend engineer at Revolut, shared insights about Brighty App's mission to make crypto assets more accessible and usable in everyday life.Brighty App: A new approach to crypto bankingDenisenko explained his motivation for creating the Brighty App:“At Revolut, cryptocurrencies were just for transactions. I wanted to create something that could use cryptocurrencies as an asset utility, not…

The U.S. Securities and Exchange Commission has approved the NYSE and CBOE's bid to list options on a Bitcoin exchange-traded fund. In two statements, the SEC gave approval to the proposed rule changes and cleared the way for options. The proposed options are associated with Bitcoin ETFs offered by Fidelity, Grayscale, VanEck and others. Both proposed rule changes were approved “on an accelerated basis,” according to the notice. The move mirrored the language used when Nasdaq approved the IBIT option in September. read more: SEC approves BTC ETF option to 'attract bigger fish' Speculation about the success of the option…

Apparently there's still plenty of money to be made in cryptocurrencies, as The Black Keys have signed on to perform on the final show of The America Loves Crypto Tour. You are not) Support the Crypto Alliance Political Action Committee. The “intimate show” will be performed next Friday, October 25th, at the Akron Civic Theater in the Black Keys' hometown of Akron, Ohio. Dan Auerbach and Patrick Carney are the latest musicians to perform in support of PAC. Previous shows have featured performances from Black Puma, 070 Shake, Big Sean, Jesse Murph, Lauv, and of course, The Chainsmokers. The music…

Bitwise CIO Matt Hougan said Bitcoin (BTC) is poised for a significant rise to “six-digit” prices as several key factors converge to increase investor enthusiasm.Hogan said in a social media post on Oct. 18 that exchange-traded fund (ETF) flows will surge as investment in Bitcoin-based financial products reaccelerates as institutional interest in digital assets increases. He emphasized that he was doing it.appetite increasesBitcoin is the only cryptocurrency with a value of over $1 trillion, showing resilience and growth amid increasing demand from both institutional and retail investors. The main cryptocurrency has returned to near all-time highs and was trading just…