Bitcoin News / Bitcoinist - 8 months ago
Shiba Inu (SHIB) has expanded into the e-commerce market, scoring another major listing from the cryptocurrency payment platform, CoinGate. The payment company disclosed that it had boosted its cryptocurrency offerings with the doggy-themed cryptocur...
Bitcoin News / Bitcoinist - 8 months ago
To combat illicit financial activities, Tether, the entity behind the world’s largest stablecoin by market capitalization, has frozen approximately 5.2 million USDT.
The crypto tracking and compliance platform MistTrack detailed this action, wh...
Bitcoin News / Bitcoinist - 8 months ago
On-chain data shows the Bitcoin mining hashrate has registered a decrease of 11% recently as miner profitability has dropped to a 3-year low.
Bitcoin Miners Haven’t Been Under This Much Stress In 3 Years
As pointed out by CryptoQuant community...
Bitcoin News / Bitcoinist - 8 months ago
Crypto analyst Rekt Capital recently suggested that the worst might be over for Bitcoin. If so, the flagship crypto may be primed for a move to the upside, rising to as high as $100,000, which some other crypto analysts have predicted would be the ca...
Bitcoin News / Bitcoinist - 8 months ago
The next two weeks could be decisive for the crypto industry as it faces significant legislative developments in the US Congress. These developments may potentially reshape the regulatory landscape for digital assets in the United States.
3 Major Cry...
Bitcoin News / Bitcoinist - 8 months ago
Institutional investors and US states are displaying heightened interest in the Bitcoin ETF market following regulatory approval by the US Securities and Exchange Commission (SEC) in January.
The latest development reveals that Wisconsin’s inv...
Bitcoin News / Bitcoinist - 8 months ago
United States President Joe Biden has ordered the shutdown and sale of a Chinese-originated crypto mining operation located near a critical Air Force base in Wyoming, the New York Times reported.
The executive order, issued on Monday, mandates the im...
Bitcoin News / Bitcoinist - 8 months ago
The Terra community isn’t relenting in its efforts to revive the LUNC and USTC tokens and take them back to their old glory days. This time, the community has proposed a proposal to ensure that the Luna Classic’s (LUNC) circulating supply data is wel...
Bitcoin News / Bitcoinist - 8 months ago
John E. Deaton, a fervent advocate for XRP and critic of current regulatory approaches to digital assets, has officially secured his place on the Massachusetts Republican ballot for the 2024 US Senate elections. Deaton’s campaign announcement has sti...
Bitcoin News / Bitcoinist - 8 months ago
Changpeng Zhao, the enigmatic founder of cryptocurrency giant Binance, has sparked a firestorm of speculation with a recent social media post hinting at a potential career shift.
Following a legal battle with the US Department of Justice that conclud...
Bitcoin News / Bitcoinist - 8 months ago
After five weeks of fleeing the digital asset market, investors are cautiously dipping their toes back in, with Bitcoin (BTC) emerging as the clear favorite. A recent report by CoinShares reveals a net inflow of $130 million into crypto investment pr...
Bitcoin News / Bitcoinist - 8 months ago
In a court filing on May 13, 2024, Ripple Labs has formally requested the United States District Court for the Southern District of New York to seal various documents that were submitted in connection with the SEC’s Motion for Judgment and Reme...
Bitcoin News / Bitcoinist - 8 months ago
The Commodity Futures Trading Commission (CFTC) has taken action against crypto brokerage firm Falcon Labs, a company based in the Seychelles, for failing to register as a futures commission merchant (FCM) in the US.
Interestingly, this marks the CF...
Bitcoin News / Bitcoinist - 8 months ago
On-chain data shows that stablecoin exchange inflows have seen a sharp drop recently. This could be bearish for the Bitcoin price.
Ethereum-Based Stablecoins Have Seen Low Exchange Deposits Recently
As CryptoQuant author Axel Adler Jr. pointed out in...
Bitcoin News / Bitcoinist - 8 months ago
In a recent podcast interview, Ripple’s CEO Brad Garlinghouse stated that Tether, the largest Stablecoin issuer by market share, is next on the US government’s target list. Tether’s CEO, Paolo Ardoino, refuted Garlinghouse’s comments and accused him...
Bitcoin News / Bitcoinist - 8 months ago
Toronto-based Bitcoin mining company Bitfarms has announced the termination of its interim president and chief executive officer (CEO), Geoffrey Morphy after he filed a $27 million lawsuit against the company.
According to Bloomberg, the lawsuit all...
Bitcoin News / Bitcoinist - 8 months ago
Chinese law enforcement has disrupted a covert banking network that leveraged cryptocurrencies to execute unauthorized foreign exchange transactions totaling around 2.14 billion yuan ($295.8 million).
This illicit operation mainly converted the Chine...
Bitcoin News / Bitcoinist - 8 months ago
Crypto analyst Davie Satoshi has dropped a bullish prediction for Shiba Inu as part of what might be the future outlook for major meme coins. According to the analyst, SHIB is one of the meme coins with the potential to go on a 1,000% to 3,000% price...
Bitcoin News / Bitcoinist - 8 months ago
On-chain data suggests a Bitcoin indicator is currently mirroring the same trend that led to the top of the bull run in 2021.
Bitcoin Long-Term Holder Distribution Appears To Be Ending
As explained by CryptoQuant community manager Maartunn in a post...
Bitcoin News / Bitcoinist - 8 months ago
Last week, the US spot Bitcoin ETF market experienced a notable shift in investor sentiment. Positive inflows were reported, breaking a streak of outflows that had persisted for almost a month. The week concluded with a significant $116 million posit...
Bitcoin News / Bitcoinist - 8 months ago
Crypto analyst Kyle Chasse has given his price predictions for different crypto tokens. His price targets for Dogecoin (DOGE) and XRP were eye-catching, considering the heights he expects these coins to reach.
Dogecoin To $2 And XRP To $3
Chasse men...
Bitcoin News / Bitcoinist - 8 months ago
Robert Kiyosaki, the author of the bestselling personal finance book “Rich Dad, Poor Dad,” has fired another financial warning shot, this time targeting the US dollar and a potential challenger – a gold-backed stablecoin from the BRICS na...
Bitcoin News / Bitcoinist - 8 months ago
Expectations for the XRP price have fluctuated greatly in the last year, mostly due to the uncertainty that continues to cloud the Ripple legal battle with the United States Securities and Exchange Commission (SEC). However, bullishness has prevailed...
Bitcoin News / Bitcoinist - 8 months ago
Infinite Block, a Korean virtual asset service provider (VASP), has joined the XRP Ledger as a validator, according to a statement released by the company on May 13. The Seoul-based firm, led by CEO Jung Gu-tae, aims to foster the stable expansion of...