Bitcoin News / Bitcoinist - 9 months ago
The success of alpha crypto Bitcoin in the second quarter of 2023 was crucial for Block Inc. The payments startup, led by Twitter founder Jack Dorsey, reported outstanding earnings, recording $5.5 billion in revenue overall. Notably, a sizeable porti...
Bitcoin News / Bitcoinist - 9 months ago
Asset management firm Valkyrie has moved to convert its Bitcoin Strategy exchange-traded fund (BTF) into a Bitcoin and Ether Strategy ETF.
According to the firm’s website, BTF is an actively managed exchange-traded fund (ETF) available through Nasdaq...
Bitcoin News / Bitcoinist - 9 months ago
Prominent crypto exchange Coinbase is currently seeking to dismiss the allegations leveled against it by the United States Securities and Exchange Commission (SEC).
On Aug. 4, lawyers representing Coinbase submitted a motion to dismiss at the US Dis...
Bitcoin News / Bitcoinist - 9 months ago
Elon Musk has shut down rumors that his X platform plan to launch an X token as part of the X ecosystem as certain media outlets had reported about $X and $TWITTER tokens giving the impression that they were linked to the social media giant.
No X Tok...
Bitcoin News / Bitcoinist - 9 months ago
Former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), has been rumored to be responsible for the wave of negative news that has overwhelmed crypto exchange Binance of late.
Binance FUD And SBF’s Involvement
The largest crypto exchan...
Bitcoin News / Bitcoinist - 9 months ago
Tether has just announced a key victory in its continuing legal conflict, marking a crucial legal milestone. The company reported that the court had officially dismissed a class action lawsuit involving its extensively utilized USDT stablecoin.
This...
Bitcoin News / Bitcoinist - 9 months ago
The lead analyst at Glassnode has explained how much capital one would need to change the Bitcoin market cap by $1.
Bitcoin Realized Cap Needs To Change By This Much For $1 Market Cap Change
In a new post, the lead analyst at the on-chain analytics f...
Bitcoin News / Bitcoinist - 9 months ago
Global neobank and financial services company, Revolut shocks the US crypto community with news of its decision to discontinue and prohibit cryptocurrency services for its US customers.
Revolut’s US crypto termination decision is a significant setba...
Bitcoin News / Bitcoinist - 9 months ago
Elon Musk has reacted to rumors that his ‘X’ platform (formerly known as Twitter) is reportedly looking to build a trading hub on the site, allowing for the trading of cryptocurrencies like Dogecoin.
The Backstory Behind The Dogecoin Rumor
Media out...
Bitcoin News / Bitcoinist - 9 months ago
Baldur’s Gate III, the latest addition to the iconic Baldur’s Gate series, has been making headlines for its gameplay and immersive storyline. But it’s not just gamers who are excited about the game’s potential impact.
Recent...
Bitcoin News / Bitcoinist - 9 months ago
New York Attorney General Letitia James has reportedly launched an investigation into Digital Currency Group (DCG), the parent company of Genesis, a cryptocurrency firm that has been facing financial troubles.
Alleged Investigation Into Digital Curr...
Bitcoin News / Bitcoinist - 9 months ago
Following President Putin’s digital ruble bill endorsement on July 24, the Bank of Russia (BoR) has ramped up its Central Bank Digital Currency (CBDC) launch plans. On August 3, the bank unveiled the corporate identity of the digital ruble. Also, the...
Bitcoin News / Bitcoinist - 9 months ago
In a startling revelation during Coinbase’s Q2 earnings call, CEO Brian Armstrong revealed that Binance, the world’s leading cryptocurrency exchange, has liquidated its entire holdings of the stablecoin USDC. This unexpected disclosure co...
Bitcoin News / Bitcoinist - 9 months ago
According to an analyst, there may be a pattern of the Open Interest and Bollinger Bands that Ethereum has followed in recent years.
Ethereum Open Interest & Bollinger Bands May Have Correlation
As explained by an analyst in a CryptoQuant post, t...
Bitcoin News / Bitcoinist - 9 months ago
The United States Securities and Exchange Commission (SEC) has taken action to freeze the assets of Utah-based crypto firm Digital Licensing Inc., alleging involvement in a $50 million fraudulent crypto scheme.
The SEC initiated an urgent legal inter...
Bitcoin News / Bitcoinist - 9 months ago
Ukraine’s governmental data reveals a notable shortfall in the national budget of over $80 million during the past 10 years because of the non-compliance of cryptocurrency exchanges operating within the country.
The Bureau of Economic Security...
Bitcoin News / Bitcoinist - 9 months ago
Binance CEO Changpeng Zhao’s recent comment about his intention to introduce an algorithmic stablecoin into the crypto market has sparked significant discourse. A key contribution to this ongoing conversation comes from Adam Cochran, an esteeme...
Bitcoin News / Bitcoinist - 9 months ago
Cryptocurrency’s popularity surge has brought an unfortunate increase in scams and fraud targeting unsuspecting users. Binance CEO Changpeng “CZ” Zhao recently alerted his followers about a clever ploy preying on the crypto communit...
Bitcoin News / Bitcoinist - 9 months ago
Polygon Zero has strongly asserted against developers of Matter Labs, accusing them of directly lifting a significant portion of code from the Plonky2 Library. This claim surfaced on August 3 and revolved around the alleged replication of code within...
Bitcoin News / Bitcoinist - 9 months ago
The cryptocurrency market is often described as the “Wild West” of finance – a vast, decentralized landscape filled with opportunity and risk in equal measure. For traders seeking to harness crypto’s explosive growth while managing...
Bitcoin News / Bitcoinist - 9 months ago
Ilya Lichtenstein and Heather Morgan (also known as the “Crocodile of Wall Street”), have pled guilty to the money laundering conspiracy charges leveled against them by the United States Department of Justice (DOJ). According to the statement release...
Bitcoin News / Bitcoinist - 9 months ago
Robinhood’s just released its second-quarter financial results, showing transaction trading revenue on the platform dropped about 18% from Q1. This comes about a month after Robinhood made the decision to delist Solana (SOL), Cardano (ADA), and...
Bitcoin News / Bitcoinist - 9 months ago
Empower Oversight, a watchdog group, has released a new batch of documents obtained through a Freedom of Information Act (FOIA) request yesterday, sparking outrage in the XRP community. The documents reveal a deeper involvement of Ethereum co-founder...
Bitcoin News / Bitcoinist - 9 months ago
In what can be seen as a significant trend in the crypto world, a total of 12 applications for Ethereum futures exchange-traded funds (ETFs) have been submitted to the U.S. Securities and Exchange Commission (SEC). A series of filings from major play...