Bitcoin News / Bitcoinist - 6 months ago
Bitcoin might be weak at spot rates, sliding roughly 13% from $74,800 amid intense liquidation pressure. Even as prices retract from all-time highs and $66,000 proves to be a mirage, analysts are upbeat about what lies ahead. Most expect the coin to...
Bitcoin News / Bitcoinist - 6 months ago
A crypto analyst has predicted that cryptocurrency payments company, Ripple could be the next high-valuation company, similar to Amazon and Facebook. This prediction comes as XRP witnesses poor performance amidst market volatility and Ripple’s ongoin...
Bitcoin News / Bitcoinist - 6 months ago
Bitcoin continues to experience significant gloomy price movement, fueling a broader negative sentiment in the entire cryptocurrency market, which has led to heightened uncertainties among investors and traders. Despite this pessimistic movement in t...
Bitcoin News / Bitcoinist - 6 months ago
In a bold political move, the Winklevoss twins, renowned for their early investment in Bitcoin and co-founding the cryptocurrency exchange Gemini, have each contributed $1 million in Bitcoin to the reelection campaign of former President Donald Trump...
Bitcoin News / Bitcoinist - 6 months ago
The crypto community’s attention was recently drawn to a Shiba Inu (SHIB) investor who has made millions of dollars from the meme coin. The investor’s strategy again highlighted the benefits of conviction and patience in the crypto market. Shiba Inu...
Bitcoin News / Bitcoinist - 6 months ago
Global banking giant Standard Chartered is entering the crypto space with a new spot trading desk for Bitcoin and Ethereum, as revealed in a Bloomberg report. This development positions Standard Chartered as one of the first major global banks to eng...
Bitcoin News / Bitcoinist - 6 months ago
Italy is tightening its grip on the cryptocurrency market with a new draft decree set for approval this week. The move signals a stricter regulatory approach aimed at curbing manipulation and boosting oversight, aligning with the European Union’...
Bitcoin News / Bitcoinist - 6 months ago
Crypto analyst Justin Bennett has warned Bitcoin investors about what could cause the flagship crypto to decline further. The analyst also stated that things weren’t looking good for Bitcoin at the moment and suggested that a bullish reversal might n...
Bitcoin News / Bitcoinist - 6 months ago
On June 20, Ripple Labs Inc. scored a pivotal victory in its ongoing legal challenges, specifically in the federal class action suit filed in the Northern District of California. The case (4:18-cv-06753-PJH), presided over by Judge Phyllis J. Hamilto...
Bitcoin News / Bitcoinist - 6 months ago
In an exciting development for the Shiba Inu community, the project’s team member and the head of developers, Shytoshi Kusama, has teased an upcoming game update designed specifically for the SHIBArmy, while sharing key information regarding th...
Bitcoin News / Bitcoinist - 6 months ago
In a significant development within the crypto sector, BitFlyer Holdings has successfully negotiated the acquisition of FTX Japan, the local subsidiary of the bankrupt crypto exchange FTX. This move is poised to reshape the landscape of digital asset...
Bitcoin News / Bitcoinist - 6 months ago
On Thursday, 3iQ Digital Asset Management announced the filing of a preliminary prospectus for The Solana Fund (QSOL) with securities regulatory authorities across Canada, excluding Quebec. If approved, QSOL will become the first Solana (SOL) exchang...
Bitcoin News / Bitcoinist - 6 months ago
Data shows the Bitcoin Net Taker Volume has been mostly at negative levels recently. Here’s what this could mean for the asset’s price. Bitcoin Net Taker Volume Has Been Mostly Negative In The Past Month As CryptoQuant community manager M...
Bitcoin News / Bitcoinist - 6 months ago
The crypto market has entered an undervalued region with market intelligence platform, Santiment, revealing three major altcoins to watch out for. Santiment’s analysis has indicated the potential for these three altcoins to outperform Bitcoin (...
Bitcoin News / Bitcoinist - 6 months ago
In a significant development within the UK’s cryptocurrency landscape, authorities have recently apprehended two individuals linked to an alleged illicit digital currency exchange operation, reportedly involving over £1 billion. This move under...
Bitcoin News / Bitcoinist - 6 months ago
The Securities and Exchange Commission (SEC) may opt not to appeal the summary judgment ruling from Judge Analisa Torres partially favoring Ripple Labs, signaling a strategic shift to avoid establishing a potentially unfavorable precedent in higher c...
Bitcoin News / Bitcoinist - 6 months ago
Circle’s co-founder and Chief Executive Officer said he is exceptionally optimistic about crypto’s future. In an X post, the CEO noted why he’s “more bullish than ever before” on the industry. Why Is Circle CEO Bullish On Crypto? On Wednesday,...
Bitcoin News / Bitcoinist - 6 months ago
Bitcoin’s growing adoption among institutional and retail investors has now extended to Australia, with the debut of the VanEck Bitcoin ETF on the country’s main stock exchange. Asia-Pacific Poised For Crypto ETF Boom? Following similar...
Bitcoin News / Bitcoinist - 6 months ago
In an interesting turn of events, the Bitcoin open interest has remained high even at a time when the price has been dropping. This suggests that despite the price crash, investors are still looking favorably at the pioneer cryptocurrency. Bitcoin Op...
Bitcoin News / Bitcoinist - 6 months ago
Ethereum is the home of decentralized finance (DeFi), looking at the over $100 billion in total value locked (TVL). Even though the figure fluctuates, mainly depending on the performance of ETH, it is clear that DeFi has proven revolutionary, opening...
Bitcoin News / Bitcoinist - 6 months ago
Gabor Gurbacs, an executive at VanEck and the founder of PointsVille in a recent acknowledgment of the expanding significance of cryptocurrencies in the financial landscape has commended Argentina and El Salvador for their innovative efforts in promo...
Bitcoin News / Bitcoinist - 6 months ago
Analysts at crypto-focused asset manager Pantera Capital have made a bullish case for the Solana ecosystem compared to Ethereum. They highlighted the network’s growth and outlined why Solana is bound to steal a massive chunk of the market from Ethere...
Bitcoin News / Bitcoinist - 6 months ago
The Commodity Futures Trading Commission (CFTC) has launched an investigation into the Chicago-based trading firm Jump’s participation in the crypto market, focusing on its trading and investment activities, according to an undisclosed source f...
Bitcoin News / Bitcoinist - 6 months ago
Bitcoin miners, the backbone of the world’s largest cryptocurrency, are experiencing a dramatic shift in their behavior. Data from IntoTheBlock reveals a surprising trend: miner reserves have sunk to their lowest level in 14 years, raising conc...
Bitcoin News / Bitcoinist - 6 months ago
Shiba Inu’s adoption rate is growing at an alarming rate as it scores another major adoption with the popular digital asset exchange Crypto.com’s latest announcement. The crypto exchange has included Shiba Inu for its Visa card payments, alongside se...
