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...
Bitcoin News / Bitcoinist - 7 months ago
In a recent development, cryptocurrency exchange Binance has moved to dismiss the majority of a £10 billion ($12.8 billion) lawsuit filed in London, as reported by Reuters. The lawsuit, being heard at the Competition Appeal Tribunal (CAT), accuses B...
Bitcoin News / Bitcoinist - 7 months ago
In a notable announcement, Turkey’s Treasury and Finance Minister Mehmet Simsek has clarified that the government does not plan to impose taxes on profits derived from “stocks and cryptocurrencies.” This decision reflects a broader strate...
Bitcoin News / Bitcoinist - 7 months ago
In a significant legal development, Roger Ver, an early investor in Bitcoin, who has been indicted by the US Department of Justice (DOJ) on multiple charges, including mail fraud and tax evasion, has been released on bail by a Spanish court amid extr...
Bitcoin News / Bitcoinist - 7 months ago
A lead developer of the doggy-themed meme coin, Shiba Inu has issued a critical warning to SHIB community members about an ongoing scam attack involving one of SHIB’s native tokens, TREAT. Scam Attackers Launch Fake TREAT Token On June 2, a Sh...
Bitcoin News / Bitcoinist - 7 months ago
As a result of its ongoing crackdown on the nascent crypto industry and mounting unfavorable results in its cases against digital asset platforms, the US Securities and Exchange Commission (SEC) has announced the impending closure of its regional off...
Bitcoin News / Bitcoinist - 7 months ago
The complex saga between crypto exchange Binance and the Nigerian government has intensified as US congress members have called for the Biden administration’s immediate action. In a letter addressed to the US president, the lawmakers expressed concer...
Bitcoin News / Bitcoinist - 7 months ago
Crypto exchange Bybit recently released a report highlighting how much institutional investors have invested in meme coins such as Dogecoin and Shiba Inu. The platform revealed that these investors have been actively trading these meme coins since th...
Bitcoin News / Bitcoinist - 7 months ago
The Bitcoin price has observed a surge back above the $71,000 level during the past day as buyers appear to have returned on Coinbase. Bitcoin Coinbase Premium Has Witnessed A Large Positive Spike As explained by CryptoQuant author Axel Adler Jr in a...
Bitcoin News / Bitcoinist - 7 months ago
A recent survey by Germany’s central bank, the Deutsche Bundesbank, reveals a surprising openness among Germans towards the digital euro, the European Central Bank’s (ECB) proposed digital currency. However, the survey also exposes a sign...
Bitcoin News / Bitcoinist - 7 months ago
The Chief Executive Officer (CEO) of Ripple, Brad Garlinghouse, has shed light on the potential timeline for an XRP ETF. Previously speaking at the Consensus 2024 conference, Garlinghouse declared that the introduction of an XRP Exchange Traded Fund...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin, the largest cryptocurrency asset by market cap, broke through the $70,000 resistance level today, demonstrating momentum for further upsurge. Delving into the significance of this development, cryptocurrency analyst and trader YG Crypto has...
Bitcoin News / Bitcoinist - 7 months ago
Bitwise Chief Investment Officer Matt Hougan released a compelling investor memo titled “Washington Awakens: This Is What Alpha Looks Like,” predicting a monumental shift in the crypto market influenced by changing regulatory landscapes,...
Bitcoin News / Bitcoinist - 7 months ago
Both the Dogecoin and Shiba Inu prices have seen a bullish reversal in the last day, notching notable gains while at it. With no clear development from either camp as to what could be driving the recoveries, a broader market outlook might have the an...
Bitcoin News / Bitcoinist - 7 months ago
The crypto industry is stepping up its political game ahead of the upcoming US elections. Leading the charge is Coinbase, the popular US-based crypto exchange, which has donated a whopping $25 million in USDC to the Fairshake Super PAC. This marks Co...
Bitcoin News / Bitcoinist - 7 months ago
In a surprising move that has caught the attention of the cryptocurrency community, a dormant Shiba Inu whale has awakened after several years of inactivity to purchase a staggering 323 billion SHIB tokens, valued at $8 million. This acquisition high...
Bitcoin News / Bitcoinist - 7 months ago
In a new report, Christine Kim of the Galaxy Research team delves into the intricate governance of Ethereum, revealing how this blockchain, which underpins over 4,000 decentralized applications (dapps) and houses the largest developer community among...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin (BTC) is poised for a spectacular close to 2024, according to industry heavyweight Mike Novogratz. In a recent interview with Bloomberg, the Galaxy Digital CEO forecasted a price surge to $100,000 by year-end, fueled by a confluence of factor...
Bitcoin News / Bitcoinist - 7 months ago
Former US President Donald Trump’s crypto portfolio has surged to nearly $26 million, primarily due to the recent airdrop of a new memecoin. This dramatic increase was highlighted by the crypto intelligence platform Arkham, which revealed via X...
Bitcoin News / Bitcoinist - 7 months ago
According to a recent report by Bloomberg Law, the bankrupt crypto exchange once run by Sam Bankman-Fried, FTX, has reached a settlement with the Internal Revenue Service (IRS) regarding a $24 billion claim. The settlement allows FTX to pay a fracti...
Bitcoin News / Bitcoinist - 7 months ago
Worldcoin, through its developer Tools for Humanity Corporation, has agreed to halt its operations in Spain until at least the end of 2024. This decision comes in response to an ongoing investigation by the Spanish Agency for Data Protection (AEPD) i...
Bitcoin News / Bitcoinist - 7 months ago
Against the backdrop of the recent surge in Bitcoin’s value, well-known cryptocurrency analyst and trader Javon Marks, with an optimistic outlook, has predicted the price of BTC to rise by over 18%, sending prices to unprecedented heights follo...
Bitcoin News / Bitcoinist - 7 months ago
The University of Austin (UATX), set to welcome its inaugural class this fall, has embarked on a new venture by collaborating with cryptocurrency platform Unchained. Their joint goal is to raise $5 million in Bitcoin (BTC) to contribute to UATX’...
Bitcoin News / Bitcoinist - 7 months ago
Ruja Ignatova disappeared seven years ago after a warrant from US authorities was issued to arrest her. The self-proclaimed “Crypto Queen” was responsible for OneCoin’s Ponzi scheme that took $4.5 billion from investors. Now, a BBC investigation susp...
Bitcoin News / Bitcoinist - 7 months ago
Despite having a good year in 2024, the Shiba Inu price has yet to beat its previous all-time high price of $0.00008. This has sparked speculations of whether the meme coin would be able to reach new milestones such as $0.0001. In regards to this, a...
