Bitcoin (BTC) has continued to strengthen its position against Ethereum (ETH), with the ETH/BTC ratio falling to a new low of 0.052, levels not seen since June 2022. This comes amid the flagship cryptocurrency's massive rally. BTC clears the $44,000 Bitcoin's recent surge has not only bolstered its standing against Ethereum but has also seen it break past the $44,000 mark on the Bitstamp exchange. This rally has caught many by surprise and le...
Alex Dovbnya
Cardano's ecosystem is buzzing with activity as its total value locked (TVL) in ADA terms reaches an unprecedented high
Cardano has seen its total value locked (TVL) ascend to an impressive new high, reaching 637 million ADA. In terms of the US dollar, this translates to $153.7 million. The recent surge suggests renewed interest and activity in the Cardano ecosystem.Notably, this figure is still short of its peak dollar TVL, wh...
Alex Dovbnya
As Bitcoin makes significant move past $35,000 mark, market analysts are offering contrasting views on its future trajectory
Bitcoin, the largest cryptocurrency, surged to an intraday high of $35,200 earlier today on the Bitstamp exchange, marking its highest level since Oct. 24. However, the premier cryptocurrency has since pared back some of its gains, currently trading at $34,541, up by 0.9%. Today's trading range for Bitcoi...
This week could see a pivotal development in the cryptocurrency market, as there's a chance for the approval of spot Bitcoin ETFs. In a recent post on the X social media platform, Nate Geraci, a keen observer of the industry, has echoed the insights of Bloomberg’s James Seyffart, suggesting a small but significant window where the Securities and Exchange Commission (SEC) might issue much-awaited 19b-4 approval orders. This move, anticipated by...
Founder of IOG and Cardano, billionaire Charles Hoskinson, who took part in the creation of Ethereum together with Vitalik Buterin, Joe Lubin and several other individuals, has commented on Buterin's recent ideas about how to improve the centralized Ethereum staking. Cardano founder's comment about Buterin's ideas was pretty sarcastic, though.Buterin wants to redesign Ethereum staking, Hoskinson reactsIn a recent interview of Vitalik Buterin i...
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 intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of ...
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 top three news stories over the past day.XRP price suddenly jumps, here's crazy explanationYesterday, XRP, the Ripple-affiliated token, witnessed its price surging by 3.37% to the $0.51055 level. However, XRP did not manage to hold there and went back down; it is ...
Vladislav Sopov
Nami, one of most popular independent wallets for ADA transactions, joins Input Output Global ecosystem of crypto tools
After the announcement of Nami joining the Input Output Global (IOG) ecosystem, all of its customers might continue using the services as they used to, the official IOG statement says.Nami wallet now "stewarded" by IOG: What is known so farStarting from today, Nov. 1, 2023, Nami, a popular noncustodial wall...
Alex Dovbnya
Glassnode's Yann Allemann has pointed to a narrowing in Bitcoin's Bollinger Bands Width (BBW) down to 0.20, hinting at potential dramatic price shifts
Yann Allemann, co-founder of Glassnode, has cautioned Bitcoin investors and traders about the notable movement of the Bollinger Bands Width (BBW) for Bitcoin. The BBW has shrunk to a mere 0.20, a historical precursor to significant price fluctuations in Bitcoin.The power of Bolli...
The cryptocurrency market witnessed a significant downturn, with Bitcoin (BTC) leading the plunge. According to recent data from CoinGecko, Bitcoin's price dropped to $35,362.52, marking a decline of 4.1% within 24 hours. The market capitalization of Bitcoin now stands at approximately $691 billion, with a 24-hour trading volume of over $24 billion. This sudden dip in value has led to a substantial wipeout of open interest in Bitcoin futures, ...
