Bitcoin News / Bitcoinist - 8 months ago
The US Internal Revenue Service (IRS) has unveiled the early draft of a tax form for reporting income from cryptocurrency transactions. The newly released Form 1099-DA, tagged as āDigital Asset Proceeds from Broker Transactions,ā is currently open to...
Bitcoin News / Bitcoinist - 8 months ago
Bitcoin has now successfully undergone its fourth halving event, with minersā block rewards slashed in half again (from 6.25 to 3.125 BTC). The Bitcoin halving (also called āthe halveningā) is programmed to happen every 210,000 blocks – approxi...
Bitcoin News / Bitcoinist - 8 months ago
Based on on-chain data, here’s how much unrealized profit the various Bitcoin whale and miner groups are holding right now. Bitcoin Whale & Miner Profits Compared Across Cohorts In a new post on X, CryptoQuant founder and CEO Ki Young Ju di...
Bitcoin News / Bitcoinist - 8 months ago
Rippleās Chief Technology Officer (CTO), David Schwartz, has been addressing some misconceptions and speculations about him. This week, the CTO was questioned about his wealth and billionaire status over NBA game seats. Now, the crypto community wond...
Bitcoin News / Bitcoinist - 8 months ago
The United States Securities and Exchange Commission (SEC) has filed new court documents in its ongoing lawsuit against Justin Sun, the founder of the TRON blockchain, and the companies allegedly owned and controlled by him.Ā The SEC’s latest f...
Bitcoin News / Bitcoinist - 8 months ago
As Bitcoin halves and ushers in the fifth epoch in April, Ki Young Ju, the founder of the crypto analytics platform CryptoQuant, hasĀ unveiledĀ some interesting profitability statistics for various entities. Ju took X to highlight the unrealized profit...
Bitcoin News / Bitcoinist - 8 months ago
In a recent development, Richard Teng, the CEO of Binance, has confirmed the company’s close cooperation with Nigerian authorities following the detention of its head of financial crime compliance, Tigran Gambaryan. Gambaryan and another Binanc...
Bitcoin News / Bitcoinist - 8 months ago
Shiba Inu (SHIB) has established a critical price support level amidst the market-wide downtrend, which has kept crypto prices down. This support level has been established thanks to a host of Shiba Inu holders who have invested in the meme coin at t...
Bitcoin News / Bitcoinist - 8 months ago
Dogecoin has been in a bearish sentiment among investors in the past week that even a tweet from Elon Musk referencing the cryptocurrency earlier in the week failed to do much to cause a price reversal. However, recent transaction volume indicates th...
Bitcoin News / Bitcoinist - 8 months ago
On-chain data shows that Ethereum transaction fees have dropped to their lowest level since January, a sign that a bottom could be close. Ethereum Transfer Fees Has Plunged As Network Has Gone Cold According to data from the on-chain analytics firm S...
Bitcoin News / Bitcoinist - 8 months ago
The air crackles with anticipation as the Bitcoin network hurtles towards its fourth halving event, expected within the next few hours. This pre-programmed phenomenon cuts the block reward for miners ā the number of new Bitcoins generated for verifyi...
Bitcoin News / Bitcoinist - 8 months ago
Cardano has been struggling in the market over the last few weeks, completely erasing its gains from March. This continuous decline has put the digital asset in a perilous position as it has dropped drastically on the list of the top 10 cryptocurrenc...
Bitcoin News / Bitcoinist - 8 months ago
In a recent interview with Fox on April 18th, Ripple CEO Brad Garlinghouse shared his insights on the crypto market, particularly weighing in on his recent forecast suggesting a doubling digital currency market size by 2024. In the interview, Garling...
Bitcoin News / Bitcoinist - 8 months ago
Kadan Stadelmann, the Chief Technology Officer (CTO) of Komodo, an open-source technology workshop, has raised concerns about the increasing centralization of the worldās largest cryptocurrency, Bitcoin. Stadelmann asserts that the rising centralizat...
Bitcoin News / Bitcoinist - 8 months ago
Shibarium, the layer-2 blockchain solution crafted by the creators of the Shiba Inu (SHIB) token, have unveiled a comprehensive update to its platform, promising enhanced performance and broader accessibility. This announcement was disseminated throu...
Bitcoin News / Bitcoinist - 8 months ago
The digital gold rush is back on. With the next Bitcoin halving event just around the corner, excitement in the cryptocurrency world has reached a fever pitch. Google Trends data reveals a record-breaking surge in global searches for “Bitcoin h...
Bitcoin News / Bitcoinist - 8 months ago
Cryptocurrency leader Bitcoin is in the limelight as Anthony Scaramucci, the founder of SkyBridge Capital, makes a daring forecast, envisioning BTC to reach an astounding $200,000 in the long run, as the digital asset continues to draw in investors f...
Bitcoin News / Bitcoinist - 8 months ago
In a post on X, Frederik Gregaard, CEO of the Cardano Foundation, articulated the imminent advancements towards a decentralized governance structure, marked by the introduction of an interim constitution. This initiative precedes the anticipated Chan...
Bitcoin News / Bitcoinist - 8 months ago
As the fourth Bitcoin halving looms on the horizon, the cryptocurrency world finds itself divided between optimism and caution regarding its potential impact on the market. With less than a day remaining until the scheduled event, industry experts ar...
Bitcoin News / Bitcoinist - 8 months ago
In an interview with FOX Business, Ripple CEO Brad Garlinghouse detailed the companyās ambitious plans for growth over the next three years, highlighted by the launch of a US dollar-backed stablecoin and a strategic expansion in international markets...
Bitcoin News / Bitcoinist - 9 months ago
Crypto trader Avraham “Avi” Eisenberg was found guilty by a Manhattan jury in October 2022 of orchestrating a $110 million fraud scheme targeting the decentralized finance (DeFi) protocol, Mango Markets.Ā According to prosecutors, Eisenbe...
Bitcoin News / Bitcoinist - 9 months ago
Bitcoin has continued to struggle recently, and its price even briefly fell below $60,000. Here’s what the whales are doing while the market panics. How The Bitcoin Whales Are Behaving At The Moment In a new post on X, the market intelligence p...
Bitcoin News / Bitcoinist - 9 months ago
As the highly anticipated Bitcoin halving event approaches on April 19, a fascinating trend is emerging among miners. Unlike the pre-halving sell-offs witnessed before the Halvings of 2016 and 2020, miners accumulate, going against previous trends.Ā ...
Bitcoin News / Bitcoinist - 9 months ago
According to a South China Morning Post report, Hong Kong customs officers have apprehended three individuals in connection with a massive HK$1.8 billion ($228 million) money-laundering operation that exploited a crypto platform and bank accounts ass...
Bitcoin News / Bitcoinist - 9 months ago
On-chain data shows the Bitcoin “accumulation addresses” have observed all-time high inflows following the latest asset price slump. Bitcoin Accumulation Addresses Have Aggressively Bought The Dip As an analyst in a CryptoQuant Quicktake...
