Bitcoin News / Bitcoinist - 7 months ago
New York Attorney General Letitia James has filed a lawsuit against two crypto companies, NovaTech Ltd and AWS Mining Pty Ltd, alleging a staggering $1 billion scam. The lawsuit, targeting not just the companies but also their associates, paints a di...
Bitcoin News / Bitcoinist - 7 months ago
In a striking revelation that challenges widely-held perceptions, Daniel Batten, a Bitcoin environmental impact analyst, disclosed that BTC mining was never officially banned in China. According to Batten’s research, despite widespread reports...
Bitcoin News / Bitcoinist - 7 months ago
US-based cryptocurrency exchange Kraken, is reportedly considering a final funding round as it explores the possibility of an initial public offering (IPO), according to sources familiar with the matter. The exchange has received inquiries from poten...
Bitcoin News / Bitcoinist - 7 months ago
Worldcoin (WLD) recently faced more regulatory scrutiny after halting its operations in Spain. Its developer, Tools For Humanity (TFH), has agreed to extend the operational pause in the country as part of the ongoing investigation regarding the compa...
Bitcoin News / Bitcoinist - 7 months ago
According to a Bloomberg report, analysts suggest that the debut of the recently approved Ethereum ETFs in the US may generate significantly less demand than spot-Bitcoin products. Major financial institutions, including BlackRock and Fidelity, await...
Bitcoin News / Bitcoinist - 7 months ago
Ripple CTO David Schwartz has sent a crucial warning to the community members in regards to a number of scams that have been proliferating. With the crypto market prices recovering once more, scammers are back in full force and they tend to hone in o...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin maximalist Max Keiser has recently reiterated his stance on Ethereum, predicting a dire future for the cryptocurrency against Bitcoin. Keiser’s latest critique, shared on social media platform X, revives his longstanding view that Bitco...
Bitcoin News / Bitcoinist - 7 months ago
In a groundbreaking case that has drawn significant attention in China, a college student named Yang Qichao has been sentenced to 4 years and 6 months in prison and fined 30,000 yuan ($41,000) for “fraudulently” issuing a cryptocurrency called BFF on...
Bitcoin News / Bitcoinist - 7 months ago
Crypto analyst Kevin (Formerly OG Yomi) has highlighted a bullish pattern on the Dogecoin (DOGE) chart, which shows that a breakout is imminent. His prediction follows the recent wave of accumulation by DOGE whales, with these buys likely contributin...
Bitcoin News / Bitcoinist - 7 months ago
In a significant legislative development, the President of the United States has been granted extensive powers to regulate digital assets, sparking concern across the crypto community. This new authority allows the President to intervene directly in...
Bitcoin News / Bitcoinist - 7 months ago
As the meme coin mania persists, popular cryptocurrency expert and enthusiast Javon Marks, in a bullish outlook for Dogecoin (DOGE), has predicted the crypto asset to undergo a 4x surge, projecting it to reach a new all-time high and potentially clim...
Bitcoin News / Bitcoinist - 7 months ago
Ripple President Monica Long has shed light on the potential launch of an XRP ETF, clarifying the crypto payment company’s stance on the subject. She addressed the growing interest within the market, stating that the introduction of an XRP ETF would...
Bitcoin News / Bitcoinist - 7 months ago
Kerrisdale Capital, an investment management firm, has launched a scathing attack on the Bitcoin mining industry in the United States, branding it a haven for “snake oil salesmen” that devour investor capital and harm the environment. In...
Bitcoin News / Bitcoinist - 7 months ago
Data shows the Bitcoin derivatives Open Interest has shot up to a new all-time high (ATH) recently. Here’s what this could mean for the asset’s price. Bitcoin Open Interest Has Registered A Steep Rise Recently In a post on X, CryptoQuant...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin miners’ reserves have seen a steady decline over the past few months since the halving event in April. The latest figures indicate a massive decline to 3-year lows, signaling intense selling pressure from miners amidst fluctuating BTC p...
Bitcoin News / Bitcoinist - 7 months ago
Geoffrey Kendrick, head of forex and digital assets research at Standard Chartered, predicts that the Bitcoin price could surge to $100,000 ahead of the US presidential elections this November. In an email to The Block, Kendrick elaborated on the fac...
Bitcoin News / Bitcoinist - 7 months ago
This week marked a significant advancement in Argentina’s embrace of blockchain technology as the Cardano Foundation partnered with Entre Ríos, a central province. Argentina’s Crypto Potential This strategic alliance marks a turning poin...
Bitcoin News / Bitcoinist - 7 months ago
Robinhood Markets, Inc., is set to acquire global crypto exchange Bitstamp to expand its reach outside the US. The acquisition, which is expected to close in 2025, will become Robinhood’s first institutional buy. Robinhood Eyes Global Expansion Robi...
Bitcoin News / Bitcoinist - 7 months ago
In a detailed update, Lucie, a well-known member of the Shiba Inu team and marketing head has outlined several key developments and achievements for the project in 2024. The successful introduction of Shibarium, Shiba Inu’s ground-breaking laye...
Bitcoin News / Bitcoinist - 7 months ago
Vitalik Buterin, co-founder of Ethereum, has expressed his concerns about the proliferation of memecoins endorsed by celebrities, delivering sharp criticism of the latest trend in the cryptocurrency space. His remarks come at a time when the crypto i...
Bitcoin News / Bitcoinist - 7 months ago
Kerrisdale Capital, a US investment firm, set off a storm of reactions on Wednesday with a series of public communications aggressively targeting Bitcoin mining companies. In a multi-part thread on X, Kerrisdale announced its campaign against what it...
Bitcoin News / Bitcoinist - 7 months ago
In a forceful rebuttal to widespread media speculation about the viability of Cardano, founder Charles Hoskinson has provided a detailed rundown of forthcoming developments and initiatives which he believes underscore the cryptocurrency’s robus...
Bitcoin News / Bitcoinist - 7 months ago
The saga of Ethereum ETFs in the US continues with a new twist: cautious optimism. After the US Securities and Exchange Commission’s unexpected green light for spot Ethereum ETFs in May, investors have been eagerly awaiting the launch date. But...
Bitcoin News / Bitcoinist - 7 months ago
On-chain data shows the Bitcoin whales now own over 40% of the entire BTC supply, as they have continued to accumulate more recently. Bitcoin Whales Have Been In Buying Mode Since Mid-March According to data from the market intelligence platform Into...
Bitcoin News / Bitcoinist - 7 months ago
The trading volume across centralized cryptocurrency exchanges has notably declined, dropping to $5.27 trillion in May 2024. This decrease, roughly 20.1% from the previous month, marks a continued downtrend following the muted price activity of Bitco...
