Bitcoin News / Bitcoinist - 8 months ago
Amidst the challenging circumstances of a prison sentence, Binance founder and former Chief Executive Officer (CEO) Changpeng CZ Zhao has taken to the X (formerly Twitter) platform to express his gratitude to those who supported him during these tryi...
Bitcoin News / Bitcoinist - 8 months ago
The world of cryptocurrencies is abuzz with the potential arrival of a new Exchange Traded Fund (ETF): the Litecoin ETF. Championed by Litecoin founder Charlie Lee, the proposed ETF is aiming to gain the coveted approval from the US Securities and Ex...
Bitcoin News / Bitcoinist - 8 months ago
Changpeng Zhao, the ousted CEO of cryptocurrency exchange giant Binance, walked away from court this week with a sentence many see as a slap on the wrist. Zhao, better known in the crypto world as “CZ,” received four months in prison for...
Bitcoin News / Bitcoinist - 8 months ago
As the Federal Open Market Committee (FOMC) convenes for a highly anticipated meeting today (2 pm ET), the stakes are high not just for traditional finance but also for the crypto markets, which have become increasingly sensitive to macroeconomic sig...
Bitcoin News / Bitcoinist - 8 months ago
Ethereum (ETH) has faced some regulatory turmoil amid rumors of a rejection of ETH spot exchange-traded funds (ETF) in May. The second largest cryptocurrency has also been in the spotlight after a key component in its ecosystem, Consensys, sued the U...
Bitcoin News / Bitcoinist - 8 months ago
The US Congress could catalyze a more significant shift than introducing spot Bitcoin ETFs. Bitwise Chief Investment Officer Matt Hougan’s view underscores a pivotal moment for the crypto industry. Hougan suggests that 2024 could see “gro...
Bitcoin News / Bitcoinist - 8 months ago
Shiba Inu (SHIB) saw a significant spike in a major metric, which signals a bullish outlook for the second-largest meme coin by market cap. Despite this, Shiba Inu’s price has failed to react positively, which can undoubtedly be a concern for token h...
Bitcoin News / Bitcoinist - 8 months ago
US-based crypto exchange Coinbase has taken a major step forward in the digital payments space by introducing support for the Bitcoin Lightning Network. This allows users to make instant and cheaper Bitcoin transfers. Bitcoin Lightning Network Integ...
Bitcoin News / Bitcoinist - 8 months ago
Though Bitcoin might be shaky, dumping in the London session on April 30, IntoTheBlock data now shows that the market is, after all, solid. In a post on X, the blockchain analytics platform noted that Bitcoin is in a mid-bull cycle. Despite the pric...
Bitcoin News / Bitcoinist - 8 months ago
Cardano (ADA) is finally seeing some action again, as data from the market intelligence platform IntoTheBlock shows that there has been a notable spike in whale activity. This has revived hopes that the ADA token could soon record a significant price...
Bitcoin News / Bitcoinist - 8 months ago
A quant has pointed out that a popular on-chain indicator for Bitcoin gives the asset the green light to experience bullish price action. Bitcoin Puell Multiple Has Observed A Plunge Recently As explained by an analyst in a CryptoQuant Quicktake post...
Bitcoin News / Bitcoinist - 8 months ago
The Shiba Inu daily trading volume has seen a massive explosion in the last 24 hours as a number of developments force investors to return to the table. This increase has naturally caught the eye of investors. But what is driving the growth? What Is...
Bitcoin News / Bitcoinist - 8 months ago
In a significant development within the cryptocurrency community, Roger Ver, an early investor in Bitcoin, has been indicted by the US Department of Justice (DOJ) on multiple charges, including mail fraud, tax evasion, and filing false tax returns. ...
Bitcoin News / Bitcoinist - 8 months ago
In April, the crypto community witnessed a historic downturn in financial losses due to fewer hacks and scams. According to blockchain security firm CertiK, the total damages of these types of crypto attacks dipped to a record low in April. Breakdown...
Bitcoin News / Bitcoinist - 8 months ago
Michael Saylor, co-founder and executive chairman of business intelligence company MicroStrategy, went on a Bitcoin (BTC) buying spree in 2020 that has since paid off in a major way. Saylor Turns $1 Salary Into $400 Million According to a Fortune Ma...
Bitcoin News / Bitcoinist - 8 months ago
American multinational investment bank and financial services company, Morgan Stanley has revealed intentions to add Spot Bitcoin Exchange Traded Funds (ETFs) into a selection of its institutionally focused funds. This strategic move potentially refl...
Bitcoin News / Bitcoinist - 8 months ago
Changpeng Zhao, also known as CZ, the founder and former CEO of Binance, one of the largest cryptocurrency exchanges, is awaiting sentencing in a highly-anticipated court hearing in Seattle set to begin on Tuesday. In November, Zhao pleaded guilty t...
Bitcoin News / Bitcoinist - 8 months ago
Hong Kong’s financial market witnessed a subdued start for its newly launched spot Bitcoin and Ethereum exchange-traded funds (ETFs), which did not meet initial trading volume expectations. Despite substantial initial issuance sizes, market int...
Bitcoin News / Bitcoinist - 8 months ago
Hong Kong rolled out the red carpet for cryptocurrency enthusiasts this week with the launch of Asia’s first spot Bitcoin and Ether Exchange Traded Funds (ETFs). The debut marks a significant step for the city, aiming to solidify its position a...
Bitcoin News / Bitcoinist - 8 months ago
In a significant move that underscores Ripple Labs‘ global expansion strategy, the popular American-based payment firm and Hashkey DX – a subsidiary of Hashkey Group have formed a strategic alliance to launch enterprise solutions powered...
Bitcoin News / Bitcoinist - 8 months ago
Recent findings from BitMEX Research have reignited concerns about the centralization of Bitcoin mining. Their study, which cites insights from Bitcoin analyst Alex Bergeron, points out that a single entity now controls the Coinbase outputs for appro...
Bitcoin News / Bitcoinist - 8 months ago
Vitalik Buterin, the enigmatic co-founder of Ethereum, sent shockwaves through the crypto Twittersphere this past weekend with a series of seemingly nonsensical equations. The equations, which defied basic arithmetic (think 2 + 2 = 0), left many scra...
Bitcoin News / Bitcoinist - 8 months ago
In the XRP lawsuit, the Securities and Exchange Commission (SEC) has countered Ripple Labs’s recent motion to strike the declaration of SEC summary witness Andrea Fox. The agency’s filing asserts that the testimony is permissible as summary evi...
Bitcoin News / Bitcoinist - 8 months ago
Thailand’s Securities and Exchange Commission (SEC) warned digital asset platforms over crypto promotion and misleading advertisement. According to local reports, these platforms must be careful with their ads and focus on benefiting investors. The w...
Bitcoin News / Bitcoinist - 8 months ago
On-chain data shows that, for the first time in history, Bitcoin miners require more than 1 EH/s of daily computing power to mine just 1 token of the asset. Bitcoin Hashcoin Has Set A New All-Time High Now As explained by CryptoQuant head of research...
