Veteran Analyst il Capo Talks Bitcoin, Ethereum, XRP and Memecoins After the Market Drop: Is an Altcoin Bull Close?

Il Capo of Crypto, one of the most well-known analysts in the cryptocurrency world, spoke in his statement following the decline in the Bitcoin price. Bitcoin is trading at $92,500, about 14% lower than the previous all-time high of $108,000. il Capo recently said that he thinks the next bull wave in the cryptocurrency market…

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Analyzing the best bet for gains next quarter

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. TRX, SHIB, and CATZILLA vie for the best gains next quarter. In the dynamic world of cryptocurrencies, three digital assets are capturing attention: Tron (TRX), Shiba Inu (SHIB), and the fresh newcomer, Catzilla (CATZILLA….

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Analog Launches Mainnet, Opening New Horizons for Multi-Chain dApps

Analog, an innovator that has been leading when it comes to blockchain interoperability, has recently launched its mainnet setting a new benchmark for multi-chain technology. The platform, which will go live today, December 23, 2024, will work to empower developers to create next-generation decentralized applications (dApps) that will be capable of operating across several blockchain…

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Trump Names Bo Hines Executive Director of Presidential Digital Asset Advisory Committee

U.S. President-elect Donald Trump has appointed former college football player Bo Hines to the new crypto council. Announced Sunday, Hines will be onboard as the executive director of the Presidential Council of Advisers for Digital Assets. Trump’s Crypto Council The 29-year-old acknowledged the appointment in a December 23 post on X, writing: “Thank you, Mr….

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Join and Win $1,000 $HOLD Tokens

$HOLD DropGame is Live: How to Play and Win $1,000 $HOLD Event Details Introducing the $HOLD DropGame: Your Chance to Earn While You Play! The $HOLD DropGame is here, bringing an exciting way for players to earn Holdcoin $HOLD tokens while having fun! This game is designed to engage the crypto community in an interactive…

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Analog Mainnet Launches Transforming Blockchain Interoperability

On the occasion of the launch of its mainnet, Analog, an interoperability solution has achieved a significant milestone in the realm of blockchain interoperability by providing developers with the capacity to build complex multi-chain apps. As a foundation for upgrades such as Nominated Proof of Stake (NPoS) consensus, cross-chain messaging, and data queries by its Token…

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IRS Declares Crypto Staking Rewards Taxable Amid Lawsuit

The Internal Revenue Service (IRS) has clarified its stance on the taxation of cryptocurrency staking rewards, stating that such rewards are taxable upon receipt. The announcement comes amid an ongoing lawsuit filed by crypto investor Joshua Jarrett.  Joshua challenges the IRS’s approach to taxing staking activities. This legal development has sparked widespread attention within the…

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Crypto News Digest by U.Today

Cover image via youtu.be 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…

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WSJ reheats Bitcoin’s quantum hack concerns, researcher calls it a ‘time bomb’

The Wall Street Journal (WSJ) has raised alarms over a potential quantum computing threat to Bitcoin (BTC), describing it in a recent article as “a time bomb waiting to explode.”   The article addresses the possibility of advances in quantum computing posing a risk to Bitcoin’s security and potentially becoming a threat to the entire blockchain…

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Stocks trade sideways after Congress passes stopgap spending bill

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. President Biden over the weekend signed Congress’s bipartisan spending package, narrowly avoiding a government shutdown and keeping federal operations funded through mid-March.  The bill, cut from 1,500 pages to around 100, does not raise the debt ceiling, a provision President-elect Trump…

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OpenAI’s o3 Hits Human-Level Scores, But Is It Good Enough to Be AGI?

OpenAI’s latest AI model family has achieved what many thought impossible, scoring an unprecedented 87.5% on the challenging, so-called Autonomous Research Collaborative Artificial General Intelligence benchmark—basically near the minimum threshold for what could theoretically be considered “human.” The ARC-AGI benchmark tests how close a model is to achieving artificial general intelligence, meaning whether it can…

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Фалиралата крипто борса Mt. Gox отново мести Биткойн за милиони

Фалиралата крипто борса Mt. Gox отново привлече вниманието на пазара след значителен трансфер на Биткойн (BTC). На 23 декември 2024 г. Arkham, фирма за блокчейн анализи, съобщи, че Mt. Gox е прехвърлила Биткойн на стойност $49.3 милиона, което породи опасения относно потенциалния ефект върху динамиката на пазара. Биткойн токените бяха разпределени в множество портфейли, като…

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