Bitcoin News / Bitcoinist - 8 months ago
In a recent development, Sam Trabucco, a key figure in Sam Bankman-Fried’s inner circle, has resurfaced after his absence from the public eye following the collapse of crypto exchange FTX in late 2022.
According to Bloomberg, Trabucco has come...
Bitcoin News / Bitcoinist - 8 months ago
On-chain data suggests the Bitcoin “Miner Price” metric has fallen under the BTC Electrical Cost. Here’s what happened next the last few times.
Bitcoin Miner Price Has Declined Below Electrical Cost For Fifth Time Ever
In a new post...
Bitcoin News / Bitcoinist - 8 months ago
Neel Somani, Founder of Ethereum Layer-2 Blockchain Eclipse, has been replaced as Chief Executive Officer (CEO) due to accusations of sexual misconduct. Eclipse Labs announced Vijay Chetty, the company’s Chief Growth office (CGO), as the new CEO, tak...
Bitcoin News / Bitcoinist - 8 months ago
In a recent filing with the US Securities and Exchange Commission (SEC), Morgan Stanley, the American multinational investment bank and financial services company, disclosed its substantial investments in the newly approved Bitcoin ETF market.
The b...
Bitcoin News / Bitcoinist - 8 months ago
Dogecoin is once again seeing an upside following the Bitcoin recovery above $66,000, which, in turn, triggered a broader crypto market recovery. Crypto analyst Crypto Scient expects this bullishness to continue going forward and eventually lead to t...
Bitcoin News / Bitcoinist - 8 months ago
Aiden Pleterski, known in the crypto community as the “Crypto King,” and his associate Colin Murphy have been formally charged with serious financial offenses.
These charges emerged from an extensive joint investigation, Project Swan, con...
Bitcoin News / Bitcoinist - 8 months ago
Dogecoin seems to have flipped into a bullish momentum, at least in the short term, prompting analysts to predict bullish outlooks in the short term. Particularly, DOGE is up by 7% in the past 24 hours and is still on a 14% increase in the past 3 day...
Bitcoin News / Bitcoinist - 8 months ago
Data shows a mass amount of short contracts have seen liquidation in crypto derivatives during the past day following Bitcoin’s rally above $66,000.
Bitcoin Recovery Has Triggered Large Derivatives-Related Liquidations
According to data from Co...
Bitcoin News / Bitcoinist - 8 months ago
According to the Financial Times, the Chicago Mercantile Exchange (CME) Group, the world’s largest futures exchange, is reportedly in discussions to introduce spot Bitcoin (BTC) trading. The move aims to tap into the growing demand among Wall S...
Bitcoin News / Bitcoinist - 8 months ago
Crypto analyst Javon Marks recently suggested that the Altcoin season might be imminent, and Ethereum might be the cause. As part of his analysis, the analyst predicted that Ethereum would likely kickstart the rally these crypto tokens are expected t...
Bitcoin News / Bitcoinist - 8 months ago
Cardano founder Charles Hoskinson recently stoked the excitement of the cryptocurrency world with a succinct yet evocative post on X stating, “Genesis is coming.” This proclamation was linked to an in-depth blog entry by Nicholas Frisby,...
Bitcoin News / Bitcoinist - 8 months ago
Alexey Pertsev, the developer behind the controversial cryptocurrency mixing service Tornado Cash, is challenging his recent conviction for money laundering in a Dutch court. The case has ignited a firestorm of debate within the crypto community, rai...
Bitcoin News / Bitcoinist - 8 months ago
Central American country, El Salvador has realized significant profits from its extensive Bitcoin reserve. The country which previously accepted Bitcoin as a legal tender has now made hundreds of millions of dollars in gains as Bitcoin surged past $6...
Bitcoin News / Bitcoinist - 8 months ago
Nigeria’s naira continues its downward spiral despite a tightening noose around cryptocurrency trading. The government, blaming digital assets for the currency’s woes, has launched a multi-pronged attack on the digital asset, forcing majo...
Bitcoin News / Bitcoinist - 8 months ago
As the cryptocurrency industry moves toward a thriving altcoin Season, popular Shiba Inu team member and marketing lead Lucie has proclaimed the season is the perfect time to showcase the potential of Shibarium, the project’s layer 2 blockchain...
Bitcoin News / Bitcoinist - 8 months ago
ShibaSwap, the native decentralized exchange (DEX) of the Shiba Inu ecosystem, has officially launched on Shibarium, Shiba Inu’s layer-2 scaling solution. This strategic move was announced via X, signifying a major step forward in leveraging th...
Bitcoin News / Bitcoinist - 8 months ago
The once-feverish NFT marketplace, where digital art and collectibles commanded millions, now resembles a deserted online bazaar. A new report paints a stark picture – a 97% plunge in trading volume since 2021 and a staggering 95% of NFT projects hol...
Bitcoin News / Bitcoinist - 8 months ago
The curtain fell on the first-quarter 13F filings with the US Securities and Exchange Commission (SEC) on Wednesday, and the reports revealed a seismic shift in institutional investment patterns toward spot Bitcoin exchange-traded funds (ETFs), with...
Bitcoin News / Bitcoinist - 8 months ago
Chinese law enforcement agencies have announced a breakthrough in their fight against illegal financial activities. They have dismantled a large underground banking gang allegedly involved in facilitating illegal transactions using Tether’s USD...
Bitcoin News / Bitcoinist - 8 months ago
Data shows that Bitcoin selling pressure on the crypto exchange Coinbase is decreasing, which could be conducive to a short-term bounce.
Bitcoin Coinbase Premium Gap Is Approaching Neutral Mark Again
As analyst Maartunn explained in a post on X, the...
Bitcoin News / Bitcoinist - 8 months ago
The US Department of Justice (DOJ) has arrested two brothers accused of orchestrating an attack on the Ethereum blockchain that resulted in the theft of $25 million worth of crypto.
Anton Peraire-Bueno of Boston and James Pepaire-Bueno of New York a...
Bitcoin News / Bitcoinist - 8 months ago
The Worldcoin Foundation has released a new open-source system to safeguard sensitive information more effectively.
This system, now accessible in a GitHub repository, allows any organization to adopt these advanced data protection measures.
The foun...
Bitcoin News / Bitcoinist - 8 months ago
Customers of the defunct FTX crypto exchange find themselves at the center of a complex bankruptcy case with potentially promising outcomes.
While the process has been far from smooth, the recent surge in the crypto market has bolstered the value of...
Bitcoin News / Bitcoinist - 8 months ago
The Solana-based Cypher Protocol is again in the negative spotlight after one of its core developers admitted to stealing and losing over $300,000 of users’ funds. Another of the project’s developers first unveiled the news and also alerted law enfor...