Category Archives: Coins

Morgan Stanley’s Dennis Lynch Compares Bitcoin to Kenny from South Park

Morgan Stanley’s Dennis Lynch Compares Bitcoin to Kenny from South Park

Dennis Lynch, Morgan Stanley’s head of Counterpoint Global, drew parallels between Kenny McCormick, one of the main characters in the award-winning animated series “South Park,” to Bitcoin while speaking at Morningstar’s annual investment conference on Sept. 23: I like to say that bitcoin is kind of like Kenny from South Park, you know, the guy […]

China’s Central Bank Says All Crypto-Related Transactions Are Illegal, Bitcoin Plunges 5 Percent

China's Central Bank Says All Crypto-Related Transactions Are Illegal, Bitcoin Plunges 5 Percent

The People’s Bank of China has imposed a ban on all cryptocurrency-related transactions, according to its Sept. 24 statement.   Bitcoin, Ethereum, Tether and other major coins are prohibited from circulating on the market. All business activities related to digital currencies are now deemed illegal in China. However, China did not go as far as prohibiting […]

China’s Central Bank Says All Crypto-Related Transactions Are Illegal, Bitcoin Plunges 5 Percent

China's Central Bank Says All Crypto-Related Transactions Are Illegal, Bitcoin Plunges 5 Percent

The People’s Bank of China has imposed a ban on all cryptocurrency-related transactions, according to its Sept. 24 statement.   Bitcoin, Ethereum, Tether and other major coins are prohibited from circulating on the market. All business activities related to digital currencies are now deemed illegal in China. However, China did not go as far as prohibiting […]

Bitcoin Lightning Network Hits New ATH, 226% Up on Open Payment Channels

Bitcoin Lightning Network Hits New ATH, 226% Up on Open Payment Channels

As per the latest tweet by popular on-chain data vendor Glassnode, the Bitcoin Lightning Network has now reached a new historic peak in terms of the amount of open payment channels. Bitcoin Lightning Network expands The new all-time high constitutes 72,380 open payment channels, Glassnode says. That is 226% higher than the stable baseline of […]

Bitcoin Lightning Network Hits New ATH, 226% Up on Open Payment Channels

Bitcoin Lightning Network Hits New ATH, 226% Up on Open Payment Channels

As per the latest tweet by popular on-chain data vendor Glassnode, the Bitcoin Lightning Network has now reached a new historic peak in terms of the amount of open payment channels. Bitcoin Lightning Network expands The new all-time high constitutes 72,380 open payment channels, Glassnode says. That is 226% higher than the stable baseline of […]

Another 60% Growth on Bitcoin Is Possible in the New Accumulation Period Initiated by Whales

Another 60% Growth on Bitcoin Is Possible in the New Accumulation Period Initiated by Whales

Cover image via stock.adobe.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 […]

Another 60% Growth on Bitcoin Is Possible in the New Accumulation Period Initiated by Whales

Another 60% Growth on Bitcoin Is Possible in the New Accumulation Period Initiated by Whales

Cover image via stock.adobe.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 […]

Twitter May Surpass Western Union, Becoming One of the Best Crypto Remittance Platforms, Experiment Shows

Twitter May Surpass Western Union, Becoming One of the Best Crypto Remittance Platforms, Experiment Shows

Cover image via stock.adobe.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 […]

Twitter May Surpass Western Union, Becoming One of the Best Crypto Remittance Platforms, Experiment Shows

Twitter May Surpass Western Union, Becoming One of the Best Crypto Remittance Platforms, Experiment Shows

Cover image via stock.adobe.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 […]

Another Day, Another Chinese FUD? Crypto Twitter on Bitcoin (BTC) Drop

Another Day, Another Chinese FUD? Crypto Twitter on Bitcoin (BTC) Drop

Today, on Sept. 24, 2021, the People’s Bank of China announced that all cryptocurrency transactions in China are illegal. Bitcoin (BTC) immediately dropped from $45,200 to $40,500 on major spot platforms, but Crypto Twitter writers are treating this panic with a grain of salt. You may have seen this before First of all, some experts on the Asian market warned […]