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Cover image (via U.Today) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. The recent surge in Bitcoin prices has led to an increase in pre-market trading in crypto-related stocks, with…

The chances of the new drug becoming established in the UK are now much lower. We all know that in order for big drug companies like Eli Lilly (LLY 0.32%) to make a profit, they need regulators to agree that their drugs are safe and effective. But it’s not just regulators that companies must appease before shareholders can benefit. And in some cases, other groups can have a negative impact on the business and inhibit long-term growth. At this point, it looks like Lily may have fallen into that kind of trap. So let’s break down what’s going wrong and…

As November approaches, the cryptocurrency market is poised for potential profits as Bitcoin’s rally reignites investor interest. Bitcoin has been on an upward trend recently, pushing other altcoins higher. However, market dynamics suggest that some altcoins could outperform Bitcoin as momentum builds in November. Three virtual currencies to surpass Bitcoin in November Bitcoin prices rose 5.4% to more than $71,200 as the cryptocurrency market gains momentum ahead of the US election. Here are three cryptocurrencies that are expected to rise significantly as market conditions continue to be favorable. Dogecoin (DOGE) Dogecoin (DOGE), a popular meme-based cryptocurrency featuring the Shiba Inu…

The XRP Ledger (XRPL) community has witnessed a large number of DROP tokens being written on the network, sparking speculation. XRPL explorer XRPScan indexed transactions yesterday, showing that 10,000 DROP tokens were incinerated on major blockchains. According to XPost, XRPL explorers urged the community to observe a “silence of silence” over the deal. A moment of silence for https://t.co/jyprxCMJcU @DropCoinXRPL pic.twitter.com/DmbzrDyzNs — XRPScan (@xrpscan) October 28, 2024 According to the transaction details, 10,000 DROP tokens were burnt on October 18th at 06:56 UTC, resulting in a fee of 0.000012 XRP. Although the transaction took place earlier this month, the broader…

Tether (USDT) has become a popular choice for online casino enthusiasts due to its stability and widespread acceptance in the crypto world.As a stablecoin pegged to the US dollar, Tether offers the benefits of cryptocurrency transactions without the volatility often associated with other digital assets.This guide will introduce you to the top Tether casino sites, where you can enjoy a wide range of games, from slots and table games to live dealer experiences, all while using USDT for your deposits and withdrawals.We have personally tested and reviewed each site on the list, you can read our in depth reviews below.Let’s…

With only days left until the US presidential election, the cryptocurrency has rebounded from a whiplash sell-off late last week following media coverage of the US investigation into Tether.Perhaps no legal action taken by U.S. authorities against crypto companies in the past year has posed more danger to digital asset markets than the crackdown on Tether, the “too big to fail” token. Probably not.Tether confirms BTC preparations, but is USDT still a $120 billion scam amid US investigation?Tether’s dominance and profit growth come amid increased scrutiny of its role in global finance. US government agencies are investigating links between USDT…

At the time of writing, Litecoin is at a critical point, facing immediate resistance at $72 and support levels near the 20-day and 50-day EMAs. Traders should keep an eye on patterned breakouts to gauge short-term altcoin sentiment Litecoin (LTC) continued its rally after rebounding from the $60 support level in early September. As of this writing, the altcoin has choked out the typical rising wedge on the daily chart as it retests the $72 resistance level. At the time of writing, LTC is trading at $69.98, down about 1% over the past 24 hours. Key EMAs and recent price…

TL;DR Dogecoin’s price has soared to a five-month high, likely fueled by Elon Musk’s social media interactions and discussion of a possible Department of Government Efficiency (DOGE) initiative. Despite the bullish sentiment, the asset’s RSI is at 78, suggesting it may be overbought, increasing the likelihood of a short-term correction. DOGE’s Bull Run The largest meme coin in terms of market capitalization continues its impressive performance. Its price has surged over 15% in the past 24 hours and is currently trading at $0.1646 (according to CoinGecko data). A few hours ago, DOGE hit nearly $0.17, its highest since late May…

All clues point to this great company announcing its first-ever stock split. Since the year began, the iconic Dow Jones Industrial Average, the benchmark S&P 500, and the innovation-driven Nasdaq Composite Index have all reached multiple closing highs. Excitement around artificial intelligence (AI) has played a key role in driving the overall market higher, but so too has the euphoria surrounding stock splits. A stock split allows a listed company to adjust its stock price and number of outstanding shares without affecting its market capitalization or underlying business performance. Image source: Getty Images. There are two types of stock splits,…

Vitalik Buterin says the Ethereum Foundation’s ETH sale is critical to the success of the leading smart contract platform ecosystem. Last week, Buterin was asked about the foundation’s sales on social media platform X, but the Ethereum creator was quick to defend the company. “The ETH Foundation pays researchers and developers who are responsible for: (i) Ethereum will not bleed 5 million ETH per year in proof of work(ii) Today’s fees are low.(iii) Transactions are now contained within 30 seconds instead of 1-30 minutes (EIP 1559) Show some respect. (iv) zk tech that allows people to use ETH privately (e.g.…