Bitcoin News / Bitcoinist - 4 months ago
Chinese authorities revealed they extradited the suspect of a “mega economic crime” with the help of Thai law enforcement. The man is alleged to be the mastermind behind a $14 billion pyramid scheme involving cryptocurrencies, which makes his extradi...
Bitcoin News / Bitcoinist - 4 months ago
Bitcoin is beginning to show signs of a potential upward trend as several on-chain metrics are turning positive. These metrics, which often serve as indicators of future price movements, paint a picture of growing optimism in the market. One of the k...
Bitcoin News / Bitcoinist - 4 months ago
On Thursday, the crypto community on social media site X (formerly Twitter) speculated that Binance co-founder and former CEO Changpeng Zhao, commonly known as CZ, had been released from prison a month before the end of his four-month sentence. Howev...
Bitcoin News / Bitcoinist - 4 months ago
A report by Steno Research states that the decentralized finance (DeFi) summer on Ethereum and the crypto market could return as early as 2025. Four years after the fondly remembered DeFi summer of 2020, the total value locked (TVL) in protocols can...
Bitcoin News / Bitcoinist - 4 months ago
Anthony Scaramucci, Founder and Managing Partner at Skybridge Capital, a global investment firm, has asserted that Bitcoin (BTC) is not a reliable store of value. Known for his support for BTC and candid financial analyses, Scaramucci has provided a...
Bitcoin News / Bitcoinist - 4 months ago
Bitcoin traders might be upbeat about what lies ahead. However, looking at the daily chart, the world’s most valuable coin is struggling for momentum. BTC prices are inside a narrow range, with support at around $56,000 on the lower end and a s...
Bitcoin News / Bitcoinist - 4 months ago
In an announcement on X, Lucie (@LucieSHIB), the marketing lead for Shiba Inu, delineated the commitment of the Shiba Inu team towards implementing a robust governance framework centered around their digital asset LEASH. With a fixed supply of 107,00...
Bitcoin News / Bitcoinist - 4 months ago
The newly introduced SunPump, a meme coin deployer on the Tron network, is seeing significant adoption in the industry. Following the launch of the meme coin deployer, Tron (TRX) has risen to the top of trending cryptocurrency assets, triggering a wa...
Bitcoin News / Bitcoinist - 4 months ago
Bitcoin might be up at spot rates, breaching $60,000 as momentum builds up. However, from a technical analysis perspective, bulls need more effort.
Most importantly, this will involve breaking above the local resistance level at around $63,000. A de...
Bitcoin News / Bitcoinist - 4 months ago
Sony Group, in partnership with Startale, has launched Soneium, a public Ethereum layer-2 blockchain. This development is part of Sony’s strategic expansion into the blockchain ecosystem, leveraging its extensive distribution networks in entert...
Bitcoin News / Bitcoinist - 4 months ago
Avalanche (AVAX) shows signs of a potential rally after enduring months of aggressive corrections. Currently trading at $23.43 when writing, AVAX has recently broken past a critical resistance level at $22.80, confirming a structural shift in the dai...
Bitcoin News / Bitcoinist - 4 months ago
Defunct cryptocurrency exchange Mt. Gox appears to have transferred approximately $75.36 million worth of Bitcoin to Bitstamp crypto exchange in what seems to be a preparatory move for another round of payouts to its creditors, data from on-chain ana...
Bitcoin News / Bitcoinist - 4 months ago
In a series of scathing social media posts, Charles Hoskinson, the founder of the Cardano (ADA) blockchain, has sharply criticized the Democratic Party’s stance on the crypto industry, particularly the actions and perceived intentions of Vice P...
Bitcoin News / Bitcoinist - 4 months ago
Hong Kong is in a pretty challenging situation, trying to be one of the most prominent crypto hubs. Even with the city’s efforts to create a favorable regulatory environment, more than a dozen exchanges struggle to get full licenses from the Se...
Bitcoin News / Bitcoinist - 4 months ago
Crypto analyst Quinten François recently highlighted a cycle indicator that suggests the Bitcoin bull run is just about to begin. The crypto analyst highlighted several fundamentals that paint a bullish picture for BTC heading into this bull run.
Th...
Bitcoin News / Bitcoinist - 4 months ago
On-chain data shows the OTC desks that Bitcoin miners like to use have seen their balance shoot up, a sign that historically been bearish.
Bitcoin Miners Have Been Depositing Big To OTC Desks Recently
As pointed out by an analyst in a CryptoQuant Qui...
Bitcoin News / Bitcoinist - 4 months ago
FTX, a once-celebrated cryptocurrency exchange that eventually went bankrupt, announced in a recent press release that its amended reorganization plan has received “strong” preliminary support from its creditors.
In the release, the compa...
Bitcoin News / Bitcoinist - 4 months ago
In the ongoing legal saga involving key figures of the defunct crypto exchange FTX, Ryan Salame, a former executive at the exchange, has filed a motion to challenge his current plea agreement with US authorities.
Prosecutors Alleged Breach Of Agreeme...
Bitcoin News / Bitcoinist - 4 months ago
Kraken, a prominent cryptocurrency exchange has recently expanded its support for dog themed meme coin Shiba Inu (SHIB). This notable development comes ahead of the highly anticipated launch of SHIB Eternity, marking a major milestone for the Shiba I...
Bitcoin News / Bitcoinist - 4 months ago
In the latest development in the ongoing FTX saga, federal prosecutors have charged Michelle Bond, the domestic partner of former FTX executive Ryan Salame, with violating campaign finance laws. This comes just a day after Salame made a last-ditch ef...
Bitcoin News / Bitcoinist - 4 months ago
Tomorrow, Friday, Jerome Powell will give a speech at the annual meeting of central bankers in Jackson Hole, which could be of utmost importance for Bitcoin and the entire financial market. The speculation is rampant about the potential implications...
Bitcoin News / Bitcoinist - 4 months ago
Bitcoin, the flagship cryptocurrency asset is currently in the limelight after experiencing a price recovery, enabling BTC to surpass the $61,000 threshold. Following the positive move, the coin has once again demonstrated its supremacy in the crypto...
Bitcoin News / Bitcoinist - 4 months ago
A notable Pepecoin (PEPE) whale made headlines by shifting a significant portion of their investment into two rivalling meme tokens, Pepe Unchained (PEPU) and Mpeppe (MPEPE), both of which are poised for potential 100x returns. This strategic move ha...
Bitcoin News / Bitcoinist - 4 months ago
Playdoge (PLAY) has been making waves in the cryptocurrency market with its unique blend of 90s nostalgia and modern Play-to-Earn (P2E) mechanics. However, savvy investors are already diversifying their portfolios by investing in another emerging cry...