Bitcoin News / Bitcoinist - 7 months ago
In a landmark development for Ethereum (ETH) and the broader cryptocurrency market, the US Securities and Exchange Commission (SEC) has officially approved the long-awaited Ethereum ETFs applications submitted by the world’s largest asset manag...
Bitcoin News / Bitcoinist - 7 months ago
US-based cryptocurrency exchange Coinbase has made a significant move by reopening XRP trading for New York users despite the ongoing legal dispute between the decentralized platform Ripple and the US Securities and Exchange Commission (SEC).
This d...
Bitcoin News / Bitcoinist - 7 months ago
On-chain data shows that the Ethereum exchange net flows have been highly positive recently, a sign that selling may be taking place in the market.
Ethereum Exchange Netflows Have Seen A Spike Recently
In a new post on X, CryptoQuant head of research...
Bitcoin News / Bitcoinist - 7 months ago
Shibarium, the Ethereum Layer 2 network developed by the Shiba Inu team, has seen some remarkable growth since it launched in 2023. With the continuous usage, the network is on its way to reaching a new major milestone amid a notable 50% in its daily...
Bitcoin News / Bitcoinist - 7 months ago
As the crypto world anticipates the US Securities and Exchange Commission (SEC)’s decision on spot Ethereum ETFs, Samson Mow, CEO of Bitcoin adoption firm Jan3, has voiced skepticism about the potential of Ethereum-based ETFs compared to Bitcoi...
Bitcoin News / Bitcoinist - 7 months ago
PrimeXBT, a leading name in the Cryptocurrency trading industry, unveiled a comprehensive overhaul of its brand, website, and platform. This update reflects the broker’s mission to “democratise the financial markets” and “make an all-in-one pla...
Bitcoin News / Bitcoinist - 7 months ago
The Ethereum (ETH) community is in a tizzy after two prominent researchers from the Ethereum Foundation, Justin Drake and Dankrad Feist, disclosed their involvement with EigenLayer. This restaking protocol has emerged as a potential game-changer in t...
Bitcoin News / Bitcoinist - 7 months ago
Crypto analyst James Check (also known as Checkmatey) has predicted that Bitcoin could still make further moves to the upside. However, he warned about an “escape velocity” that could send the flagship crypto’s price spiraling down.
What The Escape...
Bitcoin News / Bitcoinist - 7 months ago
The long-awaited approval of a spot exchange-traded fund (ETF) for Ethereum in the US seems imminent, and industry insiders are already looking ahead. Solana, a high-speed blockchain network, is emerging as a potential frontrunner for the next crypto...
Bitcoin News / Bitcoinist - 7 months ago
The cryptocurrency industry has witnessed a monumental development, following a vote to pass the Financial Innovation and Technology for the 21st Century Act (FIT21) Crypto bill. However, United States Congressman Brad Sherman has voiced concerns reg...
Bitcoin News / Bitcoinist - 7 months ago
The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) by a resounding 279 to 136 vote. The bill, seen as a major win for the crypto industry, aims to establish a long-awaited regulatory framew...
Bitcoin News / Bitcoinist - 7 months ago
Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has served an enforcement notice to Worldcoin, a crypto project co-founded by OpenAI’s CEO Sam Altman, asking them to cease operations. The resolution concludes the investigation...
Bitcoin News / Bitcoinist - 7 months ago
In a significant development for the cryptocurrency industry, the First District Court of Appeals in Florida has unanimously ruled against a permanent ban on Binance, the world’s largest cryptocurrency exchange.
According to a Bloomberg Law re...
Bitcoin News / Bitcoinist - 7 months ago
The on-chain analytics firm Glassnode revealed in its latest weekly report that demand for Bitcoin has slowed recently.
Bitcoin Realized Cap Has Slowed Down Its Uptrend Recently
In its new report, Glassnode has discussed the latest development in the...
Bitcoin News / Bitcoinist - 7 months ago
In a significant development for the recently approved Ethereum ETFs in Hong Kong, the ETF product launched by Chinese fund manager ChinaAMC has seen a significant increase in net inflows, reaching over HK$5 million (US$640,780) as of mid-day Wednesd...
Bitcoin News / Bitcoinist - 7 months ago
The idea of a Dogecoin (DOGE) exchange-traded fund (ETF) has been raised again. This is partly due to the positive sentiment around a potential approval of the Spot Ethereum ETFs, which crypto experts believe could open the door for other crypto fund...
Bitcoin News / Bitcoinist - 7 months ago
The United Kingdom’s Financial Conduct Authority (FCA) has officially approved the first set of crypto exchange-traded products (ETPs), marking a significant development in integrating digital assets into the country’s financial landscape...
Bitcoin News / Bitcoinist - 7 months ago
In the lead-up to the November elections, cryptocurrencies have become a prominent topic in the race for the White House. Notably, the Biden administration has changed its approach to digital asset regulation, likely influenced by former President Do...
Bitcoin News / Bitcoinist - 7 months ago
The Shiba Inu burn rate has accelerated once again after a lackluster start to the week. The burn rate has surged over 400% in the last 24 hours alone, signifying a move alongside the Shiba Inu price as the crypto market rally continues.
Shiba Inu Se...
Bitcoin News / Bitcoinist - 7 months ago
Ethereum is a top performer in the top 10 most valuable coins. At press time, ETH is up an impressive 30% and steady above $3,700 as bulls slice through immediate resistance levels.
The trigger is the United States Securities and Exchange Commission...
Bitcoin News / Bitcoinist - 7 months ago
Data suggests the market sentiment around Solana (SOL) and Bitcoin (BTC) is negative currently, something that could benefit their prices.
Crowd Bearish About Solana & Bitcoin While Ethereum Gets All The Hype
As explained by the on-chain analytic...
Bitcoin News / Bitcoinist - 7 months ago
The long-running legal battle between the Securities and Exchange Commission (SEC) and Ripple is one step closer to an end with the Commission’s latest filing. The court is expected to give its judgment soon enough, as both parties have filed all nec...
Bitcoin News / Bitcoinist - 7 months ago
The cryptocurrency exchange landscape is a battlefield of trust. With centralized platforms still reeling from high-profile scandals like FTX and Celsius, any misstep can send user loyalty plummeting. Nexo, a platform that had recently emerged relati...
Bitcoin News / Bitcoinist - 7 months ago
Ripple Labs Inc. has filed a trademark application that suggests “RLUSD” as the ticker for its upcoming dollar-based stablecoin. This development comes amid growing anticipation within the XRP community regarding the company’s new financi...
Bitcoin News / Bitcoinist - 7 months ago
Bloomberg analyst James Seyffart has provided insights into when the Spot Ethereum ETFs could begin trading if the Securities and Exchange Commission (SEC) were to approve these funds. Based on his remarks, it could take weeks to months before these...