This week’s Web3 watch begins with a significant shift in the NFT marketplace. Ethereum, traditionally the frontrunner in NFT trading, has seen a downturn in sales volume, facing competition from two ...
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ソラナのDeFi「Kamino Finance」、エアドロップに向けたポイントプログラム導入へ
「Kamino Finance」がエアドロに向けたポイントプログラム導入へ ソラナ（Solana）ネットワーク上の分散型金融（DeFi）プロトコル「カミノファイナンス（Kamino Finance）」が、将来行うエアドロップに向けたポイントプログラムの導入予定を公式X（旧ツイッター）にて12月8日発表した。 「カミノファイナンス」は、ソラナネットワーク上で7位のTVL（総預かり資産額）を誇るDeF...
USD/CAD moves upward near 1.3600, focus on US CPI, Fed policy decision
USD/CAD seems to surpass the psychological level at 1.3600. Upbeat WTI price could provide support for the Canadian Dollar (CAD). Stronger US labor data have triggered discussions on the trajectory of...
Solana memecoin Bonk flips Pepe following 370% monthly gain
A Solana-based dog-themed memecoin called Bonk (BONK) has now become the third-largest memecoin by market capitalization, surging past that of fellow memecoin Pepe (PEPE) on Dec. 8. Bonk’s recent pric...
Singapore National AI Strategy 2.0 to bring in 15,000 AI experts
Singapore has published a revised artificial intelligence (AI) strategy, revealing plans to triple its AI experts and become a major player in global developments. Deputy Prime Minister Lawrence Wong ...
GBP/USD recovers some lost ground near 1.2550 ahead of the UK employment, US CPI data
GBP/USD recovers some lost ground near 1.2550 on the consolidation of the US Dollar. The US Nonfarm Payrolls beat the market expectations in November, adding 199K new jobs to the US economy. The BoE i...
Celeb NFTs and cringy ads — Analysts share their signs of a Bitcoin peak
Celebrities hocking nonfungible tokens (NFTs), big-budget crypto ads, and mainstream brands adopting crypto slang — these are the signs to watch for during the next bull market that could indicate a p...
Japanese Yen drifts lower against USD amid reduced bets for March Fed rate cut, BoJ pivot
The Japanese Yen gives up some of its recent strong gains against the US Dollar. Reduced bets for an imminent shift in the BoJ’s policy shift undermine the JPY. The USD draws support from Friday’s bet...
Australian Dollar extends its losses on a negative sentiment
Australian Dollar continues to move downward on the firm US Dollar. Australia’s chief policymaker Michele Bullock will deliver a speech on Tuesday. China’s CPI declined by 0.5% in November both ...
5 Billion Dogecoin (DOGE) Resistance Is Not Problem for Meme Currency
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. The financial and market information provided on U.Today is i...
Top Trader Says Solana Grinding for a Pop, Predicts Breakout Rally for Chainlink After Month-Long Consolidation
A closely followed crypto trader believes that the smart contract platform Solana (SOL) is not yet done rallying. Pseudonymous analyst The Flow Horse tells his 191,100 followers on the social media pl...
EUR/USD holds positive ground around 1.0770, US CPI data eyed
EUR/USD holds ground near 1.0770, up 0.06% on the day. The US labour market may convince the Federal Reserve (Fed) to delay rate cuts in 2024. The market expected the European Central Bank (ECB) to h...
UK NAO Criticizes FCA Over Delayed Action on Crypto Sector
The NAO asserts that the lack of dedicated crypto staff is to blame. The FCA took longer than anticipated to register crypto-asset enterprises as per NAO. The United Kingdom’s National Audit Office (N...
China’s livestream shopping booms, fueling new tech like avatars and AI
HAIAN, CHINA – NOVEMBER 7, 2023 – A crab farmer sells crabs via a live webcast at Xinhai village in Haian city, Jiangsu province, China, Nov 7, 2023. (Photo by Costfoto/NurPhoto via Getty ...
XAU/USD holds above $2,000, investors await US CPI data
Gold price posts modest gains around $2,005 despite the upbeat US labor data. US Nonfarm Payrolls (NFP) rose by 199K in November vs. 150K prior, Unemployment Rate declined to 3.7% from 3.9%. Both the ...
Macy’s receives $5.8 billion buyout offer, sources say
People wait in line outside Macy’s before opening on “Black Friday” in New York City on November 24, 2023. The retail sector’s efforts to entice holiday gift purchases builds t...
China’s CPI inflation drops to -0.5% YoY in November vs. -0.2% expected
China’s inflation, as measured by the Consumer Price Index (CPI), fell 0.5% YoY in November from a 0.2% decline in October. The market consensus was for a decrease of 0.2%. On a monthly basis, Chines...
Terrorism Financing With Crypto Needs To Stop, Says US Senators
U.S. Senators Mitt Romney, Mark R. Warner, Mike Rounds, and Jack Reed have introduced the Terrorism Financing Prevention Act. The bipartisan legislation aims to strengthen sanctions against foreign en...
Can the rising interest in Pudgy Penguins save the NFT sector?
Journalist Posted: December 11, 2023 Pudgy Penguins witnessed a surge in interest as they were deployed on zkSync. Interest in Yuga Labs NFTs also surged, however, APE’s price fell. The NFT market wen...
Solana Approaches Target Of $80 And Crosses The Hurdle At $68
Dec 10, 2023 at 18:20 // Price Solana (SOL) rallied above the 21-day SMA as buyers overcame resistance at $68.13. Long-term outlook for Solana price: bullish The uptrend has reached a high of $76.20 a...
Javier Milei’s pledge list: What Argentina can expect
Argentina has witnessed the rise of a new leader, Javier Milei, a libertarian economist known for his unorthodox approaches and fiery rhetoric. Sworn in as president amid a period of economic turmoil,...
China’s central bank escalates USD exodus in the market
China’s latest financial maneuver marks a significant shift in global currency dynamics, as the country’s Central Bank actively offloads the US dollar in the currency market. This strategic move, unfo...
Singapore and China launch Digital Yuan pilot for tourist transactions
Singapore and China have initiated a cross-border pilot program for the use of China’s central bank digital currency (CBDC), the digital yuan. This initiative, a collaboration between the Monetary Aut...
Bitcoin’s vulnerabilities now being tracked by the United States
The United States has taken a keen interest in the cybersecurity aspects of Bitcoin, particularly focusing on a vulnerability that emerged with the Ordinals Protocol in 2022. The National Vulnerabilit...
Europe Takes Steps Towards Regulating AI
Members of the European Parliament (MEPs) and the Council have reached a historic agreement on the Artificial Intelligence Act. According to the legislation, it aims to set the stage for safe, ethical...
Why the United Kingdom is never returning to the EU
The United Kingdom’s decision to leave the European Union, a bold step taken in 2016, marked a significant shift in the nation’s trajectory. Despite the changing tide of public opinion and the emergen...
Google tightens rules on cryptocurrency trust ads
Google, the tech giant that has become a household name, is once again making headlines. This time, it’s not about a new gadget or software update, but a significant change in its approach to advertis...
AUD/USD remains capped below the 0.6600 barrier ahead of the RBA’s Bullock speech, US CPI data
AUD/USD loses ground near 0.6572 on the stronger US Dollar. US Nonfarm Payrolls (NFP) for November rose by 199K vs. 150,000 prior, above expectations. The downbeat Chinese CPI and PPI data weigh on th...
Key Altcoins to Watch out for in the Current Crypto Market
Recent market analyses have highlighted a growing interest in altcoins, which have been trailing behind Bitcoin for some time. However, there are signs that altcoins are starting to make significant s...
Asia’s hottest crypto stories of the week
Asia’s dynamic crypto market continues to evolve with developments that are as diverse as they are intriguing. This week, we’ve witnessed a blend of regulatory maneuvers, ambitious green finance initi...
Blockstream CEO shares take on Bitcoin’s censorship resistance
The concept of censorship resistance remains a cornerstone of the blockchain ethos. Adam Back, the CEO of Blockstream, recently shared his insights on Bitcoin’s ability to withstand censorship, an asp...
The Hyper Optimized Unique Scalable Blockchain
Ronin was launched by Sky Mavis. It has proven to scale a single game to facilitate millions of daily active users. It has processed over $4 Billion in NFT volumes. The blockchain facilitates seamless...