Bitcoin News / Bitcoinist - 7 months ago
In a move that has left both traditional and crypto markets in disarray, the Federal Open Market Committee (FOMC) held its fourth policy meeting of the year on June 12 and decided to keep interest rates steady at their current range of 5.25% to 5.5%....
Bitcoin News / Bitcoinist - 7 months ago
While the XRP community is eagerly awaiting a decision in the lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC), senior managing partner at Hold Law, Fred Rispoli, has provided insights into the expected timeline and pot...
Bitcoin News / Bitcoinist - 7 months ago
Shiba Inu, the second largest meme coin, has been undergoing a sideways price movement in the past 30 days, with an emphasised decline in the past seven days. On-chain data indicates this decline might continue in the short term as selling pressure c...
Bitcoin News / Bitcoinist - 7 months ago
Peer-to-peer payments company and stablecoin (USDC) issuer Circle has announced its integration with the Solana (SOL) blockchain, bringing several important new features to its Web3 services.Ā According to Wednesday’s announcement, the strategi...
Bitcoin News / Bitcoinist - 7 months ago
Data shows that Bitcoin active addresses have plunged, but the transaction count has been around an all-time high (ATH). Here’s why this may be so. Bitcoin Active Addresses And Transaction Count Have Diverged Recently According to the latest we...
Bitcoin News / Bitcoinist - 7 months ago
A crypto pundit has declared that Dogecoin (DOGE) and Solana (SOL) have reached their āmake it or break it levels.ā This assessment is set to generate a wave of optimism as DOGE and SOL could be getting ready for a rebound soon.Ā Ā Dogecoin And Solana...
Bitcoin News / Bitcoinist - 7 months ago
Ethereumās Zero-Knowledge (ZK) Layer-2 scaling solution, zkSync, is facing backlash from the crypto community after its recent ZK token airdrop announcement. Community members have expressed concerns about the lack of anti-Sybil filtering and the āun...
Bitcoin News / Bitcoinist - 7 months ago
Fidelity’s Director of Global Macro, Jurrien Timmer, recently commented on the debate over whether Bitcoin or gold is a more reliable store of value, outlining scenarios for when each of these asset classes is or is not able to hedge against in...
Bitcoin News / Bitcoinist - 7 months ago
Recent analyses suggest that a significant portion of the capital flow into Bitcoin exchange-traded funds (ETFs) is driven by arbitrage strategies rather than direct investment from retail traders. Particularly, Raoul Pal, CEO of Real Vision, has hig...
Bitcoin News / Bitcoinist - 7 months ago
Meme coins have received a high-risk score from Coin Metrics reports, underscoring the increased volatility and market manipulation within this market. The analysis conducted by Coin Metrics aims to spread awareness of the speculative nature of these...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin is recovering but still under immense liquidation pressure when writing. As BTC faces headwinds, the zone between $70,000 and $72,000 is proving to be a strong resistance level that must be broken for the wave of higher highs registered in Q1...
Bitcoin News / Bitcoinist - 7 months ago
As Bitcoin continues to trend below its recent all-time high of $73,000, determining the next trajectory of the asset has been a topic of interest within the cryptocurrency space. Well-known cryptocurrency analyst and enthusiast Javon Marks has made...
Bitcoin News / Bitcoinist - 7 months ago
The Shiba Inu burn rate has seen a notable spike over the last 24 hours, following significant burns from the community. This is a notable change from the prior weekās slow and disappointing burn rate, showing a return of bullish sentiment among inve...
Bitcoin News / Bitcoinist - 7 months ago
Terraform Labs, the company at the center of a significant collapse in 2022, has agreed to pay a substantial settlement of $4.47 billion to resolve a civil lawsuit filed by the US Securities and Exchange Commission (SEC).Ā This legal action was under...
Bitcoin News / Bitcoinist - 7 months ago
On-chain data shows Bitcoin whales may have quietly been accumulating at the recent price lows as exchanges have registered large withdrawals. Bitcoin Exchange Reserve Has Observed A Decline Recently As pointed out by analyst Ali Martinez in a post o...
Bitcoin News / Bitcoinist - 7 months ago
Zimbabwe is taking an exciting step into the future by launching a public consultation to get opinions on regulating cryptocurrency operations in the country, Bloomberg reports. This is a big change for a nation that has historically struggled with c...
Bitcoin News / Bitcoinist - 7 months ago
RippleX, the development wing of Ripple Labs, has unveiled a major update to the XRPL EVM sidechain, facilitating Ethereum Virtual Machine (EVM) compatibility with the XRP Ledger (XRPL). This major development is set to enhance interoperability and o...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin enthusiasts faced a roller coaster ride this Tuesday as the leading cryptocurrency took a nearly 5% tumble, dipping below $68,000. This sharp decline erased the gains made during a bullish run that saw BTC touch $71,950 just last week. Analys...
Bitcoin News / Bitcoinist - 7 months ago
Digital assets, like Bitcoin, have ushered in a new era for the cryptocurrency industry by radically changing the financial and technological landscape. Recently,Ā the worldās largest bank by total assets, the Industrial and Commercial Bank of China...
Bitcoin News / Bitcoinist - 7 months ago
DEXTools, a leading decentralized finance (DeFi) analytics platform, has announced the integration of ShibaSwap, the decentralized exchange (DEX) of cryptocurrency Shiba Inu (SHIB). This strategic collaboration, unveiled on Wednesday, marks a signifi...
Bitcoin News / Bitcoinist - 7 months ago
In a notable gathering at Mar-a-Lago on Tuesday (June 11) night, former President Donald Trump met with key figures in the Bitcoin mining industry, affirming his support for the sector and pledging to advocate for its interests both domestically and...
Bitcoin News / Bitcoinist - 7 months ago
The Memecoin world never sleeps as it keeps evolving, innovating, and expanding regardless of the market condition. Despite the abundance of innovative memes, most of them have a fundamental flaw- meme coins with unrealistic hype go insanely high and...
Bitcoin News / Bitcoinist - 7 months ago
On-chain data suggests Bitcoin is no longer being used as electronic cash by its userbase as the token’s circulation has seen a steep drop. Bitcoin ‘Velocity’ Has Plunged To Historical Lows Recently As explained by CryptoQuant found...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin (BTC) futures are experiencing a surge in net short interest among leveraged funds, although this should not be mistaken for a bearish sentiment among hedge funds. Instead, experts suggest that the increase in short interest is primarily driv...
Bitcoin News / Bitcoinist - 7 months ago
The Australian government has cracked down on online gambling by banning crypto and credit card use for online bets. The measure comes as an effort to reduce investorsā losses in the country. Australian Govāt Bans Use Of Crypto In Online Gambling On...
