Key Points: Telegram sees over 2.5 million new daily users and surpasses 800 million monthly active users. Telegram issues $270 million worth of bonds for continued growth, with CEO Pavel Durov person...
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Crypto News Digest by U.Today
Valeria Blokhina U.Today’s news digest helps you take a closer look at the latest events in the crypto industry Don’t miss anything happening in the world of crypto with U.Today’s to...
Nvidia, Microsoft, Apple and 4 More Stocks to Play AI. Alphabet Misses Out.
Text size Big technology companies have dominated the U.S. stock market rally in 2023 so far. (Photo by JUSTIN TALLIS/AFP via Getty Images) Getting nervy about the hype over artificial intelligence? S...
TSMC Expected to See 27% Decline in Q2 Net Profit amid Global Economic Woes
Despite the hurdles, TSMC remains positive about the future as the demand for AI applications rises steadily. Leading global contract chipmaker Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is anti...
XRP Security Verdict Unlikely To Affect Celsius Bankruptcy Proceedings: Legal Insights Revealed
In a recent development, a landmark judgment regarding the status of Ripple’s XRP token as a security is not expected to influence the ongoing bankruptcy proceedings of the beleaguered crypto lender, ...
Will LOW Stock Make the $235 Mark?
Lowe’s Companies has shown an average increase of 20.5% in its earnings each year, as the financial website Simply Wall reported. The website also stated that the Specialty Retail sector experienced a...
Potential 21+% Price Surge For SHIB: Predicts Crypto Analyst
An analyst predicted that SHIB could climb by more than 21% if it stays above an ascending support. At press time, SHIB was trading below its 9-day EMA, and was also at risk of dropping below its 20-d...
Binance Terminates its Collaboration With Argentina’s National Soccer Team
The world’s largest cryptocurrency exchange – Binance – ended its partnership with the Argentine Football Association (AFA), claiming the latter has not “fully met its contractual obligations.” The ag...
Here’s Why Flooding Could Get More Intense As Planet Warms—As Northeast U.S. Recovers From Brutal Rain
Topline As states in the Northeast U.S. recover from fatal flooding, scientists from NASA say to expect “bigger and more intense” flood events as a result of global warming—here’s how climate change i...
Hedera (HBAR) tapped by Shinhan Bank for stablecoin remittance solution
Hedera Network (HBAR) has been adopted by Shinhan Bank and Siam Commercial Bank for a distributed ledger technology-powered stablecoin remittance solution. Hedera, Shinhan Bank, and SCB join forces S...
Why Bitcoin remains the most preferred digital asset
BTC’s inflows year-to-date have exceeded $500 million. Leading alt ETH saw outflows despite the surge in the value of the coin. Inflows from digital asset investment products totaled $137 million las...
Teeters around 138.00, cushioned by solid support as bulls target 139.00
USD/JPY stabilized, aided by Ichimoku Cloud and 100-day EMA. Buyers target 50-day EMA at 139.99; sellers eye a break below 138.00. Significant support and resistance lie at 200-day EMA levels. USD/JPY...
Gnosis Visa debit card debuts in Europe, letting users buy with euro stablecoin
The Gnosis Card, a Visa-enabled debit card connected to an on-chain, self-custodial wallet, officially launched Monday on a stage at the Ethereum Community Conference, or EthCC. The card and its paym...
Celsius To Sell Self-Custody Platform For 78% Loss, But It Gets Worse
Celsius Network has gone public with another development that adds to the troubles of the bankrupt crypto lender. This time around, the bankrupt crypto firm is selling one of its core platforms, but a...
A state-by-state look at Biden’s $39 billion gift to student borrowers
The White House released data today showing the number of student borrowers in each state who were eligible for automatic loan relief under the one-time payment adjustment for income-driven repayment ...
Over 114K Binance Users Lock Up 10.18M BNB To Participate in ARKM Public Sale
ARKM’s public sale garnered significant interest, with more than 114,000 Binance users committing over 10.18M BNB coins. Binance, the world’s largest cryptocurrency exchange by 24-hour trading volume...
Is the Bottom In Sight?
The ongoing bear market in Bitcoin is the longest in the network’s history, Glassnode data shows. According to trackers, the winter started on November 10, 2021, after prices peaked at over $69,000. A...
LINK Bounced From the Bottom at $5.00
Chainlink price escaped the 200-day EMA showing strength on the charts. Furthermore, the price action showed trend reversal indications and a rising parallel channel on the charts. The ongoing trend s...
Tachyum Presents Paper on Prodigy Processors in Blockchain for Banking and FinTech
LAS VEGAS–(BUSINESS WIRE)–#Linux—Tachyum® today released a paper “Credit Unions, Blockchain, CBDC, FinTech and Tachyum Prodigy®” explaining how Prodigy, the world’s first Universal Processor, can tran...
EU stays on top of Web3 with metaverse, AI and crypto strategies
The European Union has been vocal about its place in the rapidly expanding ecosystem of emerging technologies. It has been a leader in establishing clear crypto regulations with its long-awaited Mark...
Amazon And Apple Blocked Third-Party iPhone Sellers—Driving Up Prices, Spain’s Antitrust Watchdog Alleges
Topline Amazon and Apple have been fined $218 million by the Spanish National Markets and Competition Commission after the antitrust watchdog says they colluded to limit third-party sales of electroni...
Tokenized ‘space asset’ marketplace Copernic Space adds Mati Greenspan to advisory board
Mati Greenspan, founder of Quantum Economics and a leading cryptocurrency expert, has joined the advisory board of Copernic Space, a web3-based space marketplace transforming the access and interactio...
Litecoin (LTC) Price History Reveals Ugly Truth About Halving
Gamza Khanzadaev Benjamin Cowen from Into the Cryptoverse uncovers hard truth about Litecoin’s price history and halving Litecoin’s price has been on a downward spiral for the fifth consec...
GBP/USD retreats below 1.3100 amid underwhelming US data, looming UK inflation report
GBP/USD slides 0.13%, pulled down by disappointing US retail sales and industrial production data, alongside the uncertain US economic outlook. UK’s upcoming Consumer Price Index release could pressur...
Does Cathie Wood Expect Coinbase (COIN) Share Price to Fall?
Coinbase (COIN) reached the highest weekly close since April 2022 last week. The close was also made above the $100 horizontal resistance area. ARK Invest reduced its position in Coinbase shares by $2...
Crypto Whales Ditch Their Dogecoin Bag to join DigiToads presale as it takes Center Stage in the Meme Coin Craze
If there’s one thing that has been constant throughout 2023 in the crypto market so far, it is the craze over meme coins. Over the past few months, there have been many meme coins that have left crypt...
EV Start-Up Lordstown Went Bankrupt. That Sparked a Rally in Nikola, EV Stocks.
Text size Canoo shares are up about 80% since Lordstown Motors declared bankruptcy in late June. Courtesy Canoo Electric-vehicle start-up Lordstown Motors filed for bankruptcy protection in late June....
Reddit: Boom of the crypto MOON
Today the price of MOON, the crypto of Reddit “r/CryptoCurrency” community, has suddenly soared 31%. As of today, the subReddit has over 6.5 million users. Until last night its price was $0.20, whil...
Celsius Reaches $25 Million Settlement with Series B Holders for GK8 Sale Proceeds Allocation
The bankrupt cryptocurrency lender Celsius, its creditors, and its Series B holders have reached a settlement with regard to the distribution of $25 million in proceeds from the sale of crypto custodi...
Will CFX Break the Major Support Soon?
Conflux (CFX) crypto has been in a strong downtrend for a long time. It lost a staggering -88.89% of its value from its all-time high of $1.70 in two years. The current price data indicates that the m...
Ripple invests in $54M series A round for Futureverse
Ripple invested in the $54 million series A round for Futureverse. 10T Holdings led the funding round, which Futureverse says will go into scaling AI and metaverse technologies. Ripple has integrated...
Dogecoin will likely see another rally from $0.067 as…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The strong rally from the $0.067 zone meant that ...