Bitcoin News / Bitcoinist - 9 months ago
Crypto expert Zach Rector has raised the possibility of XRP undergoing a supply shock due to a potential massive token burn, which could be on the horizon. Such development will undoubtedly provide a major boost for the crypto token, considering the...
Bitcoin News / Bitcoinist - 9 months ago
On-chain data shows Solana and other top cryptocurrencies have seen a decline in trading volume recently. Here’s what this says about the market.
Solana, Bitcoin, And Ethereum Trading Volumes Have Declined Over Past Month
According to data from...
Bitcoin News / Bitcoinist - 9 months ago
According to a recent Reuters report, Hong Kong is on the verge of becoming Asia’s first city to launch spot Bitcoin ETFs. Notably, the initial approvals for these ETFs are expected to be announced as early as next week, which is significantly...
Bitcoin News / Bitcoinist - 9 months ago
In a significant development that highlights the Securities and Exchange Commission’s (SEC) increasing regulatory actions against the cryptocurrency industry, Uniswap Labs, the software development company behind the Uniswap decentralized excha...
Bitcoin News / Bitcoinist - 9 months ago
Telegram-linked crypto token Toncoin (TON) recently climbed above Cardano (ADA) to become the ninth-largest crypto token by market cap. TON’s explosive move and sustained bullish momentum have raised the possibility that it could soon flip Dogecoin (...
Bitcoin News / Bitcoinist - 9 months ago
The latest Consumer Price Index (CPI) figures released by the United States have exceeded expectations, signaling a robust inflationary trend that could significantly influence the Federal Reserve’s forthcoming monetary policy decisions. The Bi...
Bitcoin News / Bitcoinist - 9 months ago
The entirety of the crypto market is experiencing a bloodbath right now after the Bitcoin price dumped below $70,000 and Dogecoin and Shiba Inu are not left out. Both meme coins have seen their values tumble by at least 5% in the last day alone, leav...
Bitcoin News / Bitcoinist - 9 months ago
Amid a contentious discussion regarding Ripple and XRP identity, the firm’s Chief Technology Officer (CTO) David “JoelKatz” Schwartz has provided insights on the subject, emphasizing the company’s effort to provide clarity bet...
Bitcoin News / Bitcoinist - 9 months ago
The Grayscale Bitcoin Trust (GBTC) appears to be approaching a critical balance point after a period of significant outflows, according to Michael Sonnenshein, CEO of Grayscale Investments. In an exclusive interview with Reuters on the latest episode...
Bitcoin News / Bitcoinist - 9 months ago
The Shiba Inu project, known for its meme coin SHIB, is making waves in the cryptocurrency world with two key developments: a strategic sponsorship and a surge in social media activity. This move signals Shiba Inu’s intent to be a major player...
Bitcoin News / Bitcoinist - 9 months ago
The cryptocurrency world is abuzz with anticipation as Bitcoin (BTC) trades near its all-time high, inching closer to a potential record-breaking run. This bullish sentiment comes on the heels of a significant price surge in March, which saw BTC peak...
Bitcoin News / Bitcoinist - 9 months ago
On Tuesday, Steven Nerayoff, a former advisor to the Ethereum network, filed a lawsuit against the US government, seeking $9.6 billion in damages. The lawsuit, filed under the Federal Tort Claims Act (FTCA), accuses the government of false prosecutio...
Bitcoin News / Bitcoinist - 9 months ago
On Tuesday, STFIL, a liquid staking platform for Filecoin (FIL), announced that its team is allegedly under investigation by local Chinese police. The platform’s FIL tokens had been moved to an unknown address outside the team’s control.
The incident...
Bitcoin News / Bitcoinist - 9 months ago
On-chain data shows that demand for Bitcoin from HODLers is currently outpacing miner issuance for the first time in history and by quite a lot.
Bitcoin Demand From Accumulation Addresses Is Higher Than Miner Issuance
As CryptoQuant head of research...
Bitcoin News / Bitcoinist - 9 months ago
According to a CNBC report, spot Bitcoin exchange-traded funds (ETFs) issuers have expressed skepticism that the US Securities and Exchange Commission (SEC) will approve similar spot Ethereum ETFs.
Market participants, including asset managers Black...
Bitcoin News / Bitcoinist - 9 months ago
A recent consumer survey by Deutsche Bank revealed a split sentiment regarding the future trajectory of Bitcoin’s price. While grim, this outlook comes when Bitcoin has been on a rollercoaster ride.
The asset has recently achieved a new all-tim...
Bitcoin News / Bitcoinist - 9 months ago
The Dogecoin price has been unable to properly break out of the $0.2 as bears have set up resistance around this level. This has led to a stall around this price point, especially as investors panic and begin to sell their DOGE at what some believe i...
Bitcoin News / Bitcoinist - 9 months ago
In a recent Bloomberg report, it was revealed that the US Treasury Department is urging lawmakers to grant it additional enforcement powers in its fight against foreign providers of cryptocurrency services. The primary objective behind this request i...
Bitcoin News / Bitcoinist - 9 months ago
XRP has now broken past the $0.6 price mark again after a week of price correction among major cryptocurrencies. The price increase, led by Bitcoin, has seen most cryptocurrencies turning green since the weekend.
XRP, being one of the largest crypto...
Bitcoin News / Bitcoinist - 9 months ago
The team behind the Shiba Inu based project Shiba Eternity has announced a significant update to its collectible card game (CCG). The update, which was detailed by the project’s marketing lead, Lucie (@LucieSHIB), and ecosystem team member, Maz...
Bitcoin News / Bitcoinist - 9 months ago
In a recent interview with CNBC, Binance’s CEO, Richard Teng, addressed the company’s “cultural issues” and its commitment to compliance following a $4.3 billion fine settlement with the US Department of Justice (DOJ).
Teng also highligh...
Bitcoin News / Bitcoinist - 9 months ago
Dogecoin has scored a new milestone by becoming one of the top-traded cryptocurrencies on a major cryptocurrency exchange in Korea.
South Korean Markets Embrace Dogecoin
In a clear testament to Dogecoin’s soaring popularity and interest in global ma...
Bitcoin News / Bitcoinist - 9 months ago
Bitcoin is changing hands at around a three-week high when writing following refreshing gains on April 8. With the coin trading higher and above previous resistances, now support, analysts on X are upbeat.
In a post, one analyst said the recent dip...
Bitcoin News / Bitcoinist - 9 months ago
The developers of TokenFi, a sister project of the meme coin FLOKI, have put forward a proposal that could represent a major upgrade to the TokenFi launchpad. This proposal aims to prioritize $TOKEN stakers and holders within the ecosystem.
Floki An...
Bitcoin News / Bitcoinist - 9 months ago
Former President Donald Trump’s foray into the world of cryptocurrency has been met with both triumph and turbulence. Recent reports reveal that Trump has made millions from his crypto investments, yet the heightened volatility in the crypto ma...