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 investors’ losses in the country. Australian Gov’t Bans Use Of Crypto In Online Gambling On...
Bitcoin News / Bitcoinist - 7 months ago
With the approval of Spot Ethereum ETFs by the United States Securities and Exchange Commission (SEC), the Shiba Inu community have continued to push for a SHIB ETF. The latest development in this effort is a petition to leading Crypto ETF issuer, Gr...
Bitcoin News / Bitcoinist - 7 months ago
The leading industry association, formerly known as Blockchain Australia, has undergone a comprehensive rebranding. Now called the Digital Economic Council of Australia (DECA), the organization has broadened its scope to encompass a wider array of di...
Bitcoin News / Bitcoinist - 7 months ago
Data shows that Litecoin has seen a rapid surge in active addresses, making the asset the most used in the sector, compared to Bitcoin and Ethereum. Litecoin Has More Than Doubled Its Active Addresses This Month According to data from the on-chain an...
Bitcoin News / Bitcoinist - 7 months ago
A crypto analyst has boldly predicted a significant price breakout for the XRP price, setting a target as high as $7.5 despite the cryptocurrency trading below $1 presently. While this projection may seem ambitious, if realized, it would mark new all...
Bitcoin News / Bitcoinist - 7 months ago
Stablecoin issuer Tether and its investment arm, Tether Investments, have revealed their intention to allocate more than $1 billion to various investment opportunities over the next 12 months. According to a Bloomberg report, Paolo Ardoino, Chief Ex...
Bitcoin News / Bitcoinist - 7 months ago
Unlike Bitcoin, where transactions are ordered on a first-come, first-served basis, Ethereum and Solana rely on a pool of validators to confirm transactions and add them to the next block. This process allows for flexibility, as users can expedite th...
Bitcoin News / Bitcoinist - 7 months ago
In a shocking turn of events that has stirred the tech and crypto communities, business mogul and the Chief Executive Officer (CEO) of SpaceX and Tesla, Elon Musk has issued a stark warning to tech company Apple, threatening to forbid Tesla from usin...
Bitcoin News / Bitcoinist - 7 months ago
The Cardano Chang hard fork is finally within reach, promising historic changes for the blockchain. Cardano founder, Charles Hoskinson, has teased significant updates and major changes set to take place for ADA. Cardano To Record Historic Moment Wit...
Bitcoin News / Bitcoinist - 7 months ago
Ripple has officially finalized its acquisition of Standard Custody & Trust Company, a regulated entity providing high-grade digital asset custody solutions. This acquisition, first announced earlier this year, has received the green light from a...
Bitcoin News / Bitcoinist - 7 months ago
In a recent report, the European Union Agency for Law Enforcement Cooperation (Europol) has expressed grave concerns about the potential misuse of crypto mining and layer-2 blockchain solutions by criminal elements. The agency warns that these techno...
Bitcoin News / Bitcoinist - 7 months ago
Moody’s Analytics chief economist Mark Zandi has given his opinion on a potential interest rate cut ahead of the US Fed’s decision. The crypto community is closely monitoring this event, given how it could impact the crypto market. The US Fed Should...
Bitcoin News / Bitcoinist - 7 months ago
Ripple announced the creation of the XRPL Japan and Korea Fund on June 11, 2024, marking a major strategic move to deepen its engagement with blockchain innovation in East Asia. This initiative is part of a broader commitment from Ripple, allocating...
Bitcoin News / Bitcoinist - 7 months ago
Amid a broader wave of increased adoption and acceptance of Bitcoin, the largest cryptocurrency asset, United States BTC Spot Exchange-Traded Funds (ETFs) in the past week acquired a substantial amount of BTC approximately 25,729. This development is...
Bitcoin News / Bitcoinist - 7 months ago
Retail investors in the cryptocurrency space are exhibiting signs of turning into long-term believers, with a recent exodus of Bitcoin (BTC) and Ethereum (ETH) from centralized exchanges. Latest data shows user balances for both leading cryptocurrenc...
Bitcoin News / Bitcoinist - 7 months ago
Swan Bitcoin has been named the lead sponsor for Tucker Carlson’s highly anticipated national tour. This partnership marries political discourse with Bitcoin education, setting the stage for a broad engagement on the benefits and implications o...
Bitcoin News / Bitcoinist - 7 months ago
Uniswap Labs made a significant move into the blockchain gaming industry with its recent acquisition of ‘Crypto: The Game’ (CTG), an on-chain survival game. Notably, the second season of CTG witnessed unprecedented success, with all 800...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin’s price stability below $70,000 over the past months has sparked various speculations and analyses among traders and investors. While the crypto community grapples with the cryptocurrency’s lackluster performance, notable crypto figures like...
Bitcoin News / Bitcoinist - 7 months ago
On-chain data shows the XRP whales have made some large outflows from the Binance exchange, a sign that may be positive for the asset’s price. XRP Whales Have Made Some Transactions During The Past 24 Hours According to data from the cryptocurr...
Bitcoin News / Bitcoinist - 7 months ago
Binance Coin (BNB), the native token of the world’s largest crypto exchange Binance, recently hit an all-time high of $725 on June 6th, the first week of exchange founder Chagpeng Zhao’s (CZ) four-month prison sentence in the US. Accordi...
Bitcoin News / Bitcoinist - 7 months ago
Crypto whales are gearing up for what might be an interesting week for PEPE. On-chain data reveals crypto whales have been busy over the weekend as many look to position themselves before the start of the new week. Amidst this positioning and accumul...
Bitcoin News / Bitcoinist - 7 months ago
Data shows the Bitcoin whales on cryptocurrency exchanges Bybit and HTX have opened massive long positions at the current price levels. Bitcoin Taker Buy Sell Ratio Has Spiked For Bybit and HTX Recently In a new post on X, CryptoQuant founder and CEO...
