The UK Treasury has revised its regulations, confirming that crypto staking—essential for proof-of-stake blockchains like Ethereum and Solana—does not fall under the definition of a “collective investment scheme” (CIS), which is subject to strict oversight. 8 January 2025 order amended the Financial Services and Markets Act 2000. It specifyied that “arrangements for qualifying cryptoasset staking … Read more
Binance announced plans to list aixbt by Virtuals (AIXBT), ChainGPT (CGPT), and Cookie DAO (COOKIE), making them available for spot trading. The exchange periodically adds or removes tokens from its product suite as part of its routine operations review. This ensures it progressively meets industry requirements sufficiently while delivering a high level of standard. Binance New … Read more
The Shiba Inu (SHIB) community has witnessed a remarkable surge in burn rates alongside a notable price increase, bolstering investor optimism. This revitalization in SHIB’s tokenomics comes at a critical time as the crypto market overall is showing signs of recovery and increased interest. Notably, Shibburn’s latest report highlighted that “this unprecedented spike in burns … Read more
Why is crypto going down as the market cap plummets to $3.3Tn? Will crypto recover in 2025? Find out more about the crypto crash here. The crypto market is turbulent as bulls hold on, attempting to soak in the deluge of selling pressure seen in the better part of this week. While confidence is high, … Read more
XMR faces challenges but holds key support, suggesting potential bullish recovery. Regulatory pressure and delistings haven’t stopped Monero’s resilience and market interest. Monero (XMR), the leading privacy-focused cryptocurrency, is trading at $192, marking a 2% decline over the past 24 hours with a 36% drop in trading volume. Over the past week, XMR has slid … Read more
PRESS RELEASE. SINGAPORE, January 10, 2025 – LBank, a leading global cryptocurrency exchange, has announced a transformative brand evolution, signaling its unwavering commitment to fostering a vibrant and innovative MEME ecosystem. This upgrade extends to both the LBank website and mobile app, providing users with a refreshed experience tailored for intuitive navigation and seamless trading. … Read more
Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions.
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 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 … Read more
Canadian spot Bitcoin ETF investors have been flocking to more liquid US alternatives, triggering the largest crypto ETF outflows in Canada’s history.
The Pound Sterling remains under pressure as investors expect higher UK gilt yields could force Chancellor Reeves to cut spending and raise taxes in the Autumn Budget. BoE’s Breeden said recent evidence supports a gradual withdrawal of policy restrictiveness. The next move in the US Dollar will be influenced by the US NFP data for … Read more