Bitcoin News / Bitcoinist - 8 months ago
Friend.tech, a social media platform built on the Ethereum blockchain, aimed to celebrate the launch of its version 2 protocol with an airdrop of its native token, FRIEND. However, the well-intentioned initiative turned into a cautionary tale, with t...
Bitcoin News / Bitcoinist - 8 months ago
In a concerning turn of events, an anonymous crypto trader has lost approximately $71 million worth of assets in an address poisoning scam. This incident has roused much tension in the crypto ecosystem, underlining the need for improved safety measur...
Bitcoin News / Bitcoinist - 8 months ago
The past few weeks have been a rollercoaster ride for Bitcoin investors. Fears of inflation and geopolitical tensions sent shockwaves through the cryptocurrency market, dragging Bitcoin and its altcoin brethren down to depths not seen since early 202...
Bitcoin News / Bitcoinist - 8 months ago
The US Securities and Exchange Commission (SEC) has extended its review period on the launch of crypto asset management company 7RCC’s Bitcoin spot ETF (exchange-traded fund). SEC Extends Deadline For 7RCC’s Bitcoin Spot ETF In a notice published on...
Bitcoin News / Bitcoinist - 8 months ago
About two weeks ago, the crypto space faced another alleged rug pull. This time, the gambling platform and blockchain casino ZKasino was at the center of the accusations, with many investors claiming their money was gone. Despite the allegations, ZKa...
Bitcoin News / Bitcoinist - 8 months ago
The Dogecoin open interest has seen a massive crash in the last month, leading to concerns about the future prospects of the meme coin. It is now a long way from its March all-time highs and has returned to the low levels of early February. Dogecoin...
Bitcoin News / Bitcoinist - 8 months ago
Bitcoin price action might be dicey, undergoing a major corrective phase. However, even as $60,000 looks slippery for upbeat bulls, some analysts are optimistic that the coin is ready for a strong leg up. Going by past price action, analysts maintai...
Bitcoin News / Bitcoinist - 8 months ago
XRP has largely had a lackluster price movement in recent months, although it continues to show promise for real-world utility. Particularly, the price of XRP was recently rejected at $0.66 after a little surge which saw it falling back down as far a...
Bitcoin News / Bitcoinist - 8 months ago
On-chain data suggests the Bitcoin short-term holders haven’t been capitulating during the crash, a sign that a shift has occurred in the market. Bitcoin Short-Term Holders Haven’t Been Doing Much Loss-Selling Recently As pointed out by a...
Bitcoin News / Bitcoinist - 8 months ago
The recent actions of the US Department of Justice (DOJ) have ignited a fierce debate on the future of financial privacy. The crackdown on Wasabi Wallet’s service has raised significant concerns among privacy advocates and crypto users alike, s...
Bitcoin News / Bitcoinist - 8 months ago
Shiba Inu marketing lead, Lucie has announced plans that would see ShibaSwap, a Decentralized Exchange (DEX) on the Ethereum blockchain expanding to a new chain. This new development could significantly transform the Shibarium ecosystem, potentially...
Bitcoin News / Bitcoinist - 8 months ago
According to a recent survey by Fidelity Digital Assets, institutional investors, including US pension plans, are increasingly inclined to invest in crypto assets, including Bitcoin. The survey covered various institutional investor segments, includ...
Bitcoin News / Bitcoinist - 8 months ago
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Bitcoin News / Bitcoinist - 8 months ago
Ripple has filed a new court document supporting its motion to strike new evidence in its long-running legal battle against the Securities and Exchange Commission (SEC). The crypto firm filed the initial motion on April 22, seeking to strike Andrea F...
Bitcoin News / Bitcoinist - 8 months ago
The implosion of cryptocurrency giant FTX continues to cast a long shadow, with the latest twist involving a Bahamas mansion and a plea deal. Ryan Salame, the former co-CEO of FTX Digital Markets, a subsidiary of the now-bankrupt exchange, has agreed...
Bitcoin News / Bitcoinist - 8 months ago
London-based CF Benchmarks, a unit of crypto exchange Kraken, is positioning itself as a notable beneficiary of the surge in spot Bitcoin ETFs this year and shares an increasingly bullish outlook for the ETF market in Hong Kong and the US through 202...
Bitcoin News / Bitcoinist - 8 months ago
In the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), pro-XRP community lawyers have offered a pessimistic outlook for Ripple’s latest court motion. Attorney Jeremy Hogan, known for his vocal suppo...
Bitcoin News / Bitcoinist - 8 months ago
Following a successful first-day trade of Bitcoin Spot ETFs in Hong Kong, popular Bloomberg Intelligence expert Eric Balchunas has taken center stage to analyze the historical introduction of the products in the country. Hong Kong’s Bitcoin Spo...
Bitcoin News / Bitcoinist - 8 months ago
The luster appears to have faded from Bitcoin’s crown. After a stellar run culminating in a record-breaking price in late March, the world’s leading cryptocurrency has experienced a sharp correction, plunging investor sentiment into the a...
Bitcoin News / Bitcoinist - 8 months ago
Jack Dorsey’s financial services and digital payments company, Block Inc., announced it will begin investing 10% of its monthly Bitcoin-related gross profits into BTC purchases. This announcement was made following the release of Block’s first-...
Bitcoin News / Bitcoinist - 8 months ago
Social media, once a platform for cat videos and vacation photos, is undergoing a potential revolution with the rise of SocialFi. This burgeoning trend promises to merge the familiar world of social networking with the decentralized power of cryptocu...
Bitcoin News / Bitcoinist - 8 months ago
Over the last couple of years, the US government has tried to tighten its grip on different sectors of the crypto industry. As a result, these efforts have received significant backlash from politicians and central figures within the crypto space. Th...
Bitcoin News / Bitcoinist - 8 months ago
In a significant development, MoonPay, a crypto payment platform, has announced that users in the United States can now easily buy and sell over 110 cryptocurrencies using PayPal. The integration, unveiled Thursday, simplifies transactions for new M...
Bitcoin News / Bitcoinist - 8 months ago
In recent evaluations by JPMorgan analysts, cryptocurrencies’ future appears to be uncertain. Despite the sector’s rapid expansion and increasing mainstream acceptance, the financial giant advises a cautious approach in the short term. Th...
Bitcoin News / Bitcoinist - 8 months ago
United States Attorney Damian Williams and FBI Assistant Director James Smith announced the unsealing of an indictment charging Idin Dalpour with wire fraud concerning a multi-year crypto Ponzi scheme that defrauded investors of at least $43 million....
