Bitcoin News / Bitcoinist - 9 months ago
Defunct crypto exchange FTX recently sold two-thirds of its Solana holdings for a massive discount, Bloomberg reported at the close of the week.
FTX recently received a court order to sell its massive SOL holdings to repay its creditors. As one of t...
Bitcoin News / Bitcoinist - 9 months ago
According to crypto analyst Ali Martinez, Polygon (MATIC) is poised for major gains amidst a wider correction in the past seven days. Polygon is currently down by 9.2% in the past seven days, but the analyst pointed out that MATIC is printing a textb...
Bitcoin News / Bitcoinist - 9 months ago
Pantera Capital, a prominent crypto-focused asset management firm, recorded a significant profit for its Liquid Token Fund in the opening quarter of 2024. This positive performance came despite the fund selling off large portions of its Bitcoin and E...
Bitcoin News / Bitcoinist - 9 months ago
Want to play games online that are really out of this world? Stop searching and head on over to Bitz Casino, a neon-lit fantasy zone where modern gaming meets old-school glitz. An enormous gaming library, attractive incentives, and an entertainment-c...
Bitcoin News / Bitcoinist - 9 months ago
In a rapidly developing case, three cryptocurrency advocacy groups have filed amicus briefs in support of Tornado Cash developer Roman Storm, who has been indicted for his role in the creation and operation of the prominent crypto mixer platform. Sto...
Bitcoin News / Bitcoinist - 9 months ago
Philippine investors are being warned by the Securities and Exchange Commission (SEC) about the dangers of using unregistered online investment platforms. The latest target is eToro, a popular multinational online crypto trading platform with over 33...
Bitcoin News / Bitcoinist - 9 months ago
Shiba Inu (SHIB) has seen its price going through a decline this week amidst wider corrections from most cryptocurrencies. The past seven days have been rough for SHIB hodlers, as the meme coin fell to as low as 0.00002584 earlier in the week, repres...
Bitcoin News / Bitcoinist - 9 months ago
OP, the native token of Optimism, broke out of an uptrend after setting a new all-time high of $4.87. The price has continued to drop since then, and currently points to a continuous downward drop.
Analysis of the crypto asset’s trend indicate...
Bitcoin News / Bitcoinist - 9 months ago
Meme coins such as Dogecoin, PEPE, and WIF have continued to enjoy greater acceptance, which is evident in recent data showing that the demand for them has clocked a new high. This also undoubtedly strengthens predictions that this category of crypto...
Bitcoin News / Bitcoinist - 9 months ago
The Shiba Inu ecosystem has recorded yet another noteworthy milestone with its recent listing on a leading cryptocurrency and digital asset platform. This latest development comes at a time when interest and demand for SHIB have been growing rapidly,...
Bitcoin News / Bitcoinist - 9 months ago
Scams and hacks have been some of the most significant issues affecting the crypto industry over the past few years. As a result, the space has seen the birth of several blockchain investigators striving to ensure the digital asset space is safe for...
Bitcoin News / Bitcoinist - 9 months ago
According to a Friday report by Bloomberg, a United States jury found Terraform Labs and its co-founder Do Kwon liable for civil fraud over the crash of the Terra ecosystem in 2022. This development comes as Do Kwon continues to battle criminal case...
Bitcoin News / Bitcoinist - 9 months ago
In recent times, the increasing appeal of Bitcoin (BTC) among asset managers and traditional finance (TradFi) institutions has gained significant attention, particularly with the notable success of Bitcoin ETF products offered by industry leaders lik...
Bitcoin News / Bitcoinist - 9 months ago
Recently, renowned trader Peter Brandt voiced criticism directed squarely at Ethereum (ETH), the second-largest crypto by market capitalization, denouncing it as a “junk coin” in a blunt assessment.
Ethereum Faces Criticism
Celebrated for...
Bitcoin News / Bitcoinist - 9 months ago
On-chain data on April 5 shows that the Cardano Treasury is rapidly growing even as ADA prices struggle to shake off determined sellers. Currently, the treasury holds over 1.48 billion ADA worth over $843 million at spot rates.
If adoption projectio...
Bitcoin News / Bitcoinist - 9 months ago
Dogecoin has been stuck in a price correction since March 31, falling by 21% from $0.2214. This has seen DOGE falling across a number of metrics, including the MVRV ratio. The MVRV ratio recently turned negative, a condition that indicates many holde...
Bitcoin News / Bitcoinist - 9 months ago
According to local media reports in Japan, Sony Bank announced its foray into the stablecoin world, launching a trial to issue its fiat-linked digital currency. In collaboration with blockchain company SettleMint, one of the most notable aspects of t...
Bitcoin News / Bitcoinist - 9 months ago
Shiba Inu (SHIB) is at risk of further price declines based on several on-chain metrics, signaling a bearish sentiment in the ecosystem. This could no doubt present a setback for the meme coin, which is showing signs of recovery following a significa...
Bitcoin News / Bitcoinist - 9 months ago
Australian asset manager Monochrome recently announced the application with Cboe Australia to list a Bitcoin exchange-traded fund (ETF) in Q2 2024.
The “strategic move” of its flagship product to Cboe aims to deepen the firm’s reach around the...
Bitcoin News / Bitcoinist - 9 months ago
On-chain data shows the Bitcoin transfer volume remains significantly lower than that observed at comparable prices during the 2021 bull run peak.
Bitcoin Total Transfer Volume Has So Far Hit A High Of Just $118 Billion
As pointed out by CryptoQuant...
Bitcoin News / Bitcoinist - 9 months ago
Bitcoin has continued to trade sideways since hitting a new all-time high (ATH) of $73,750. That has raised concerns that BTC’s bullish momentum in this bull run may be shortlived. However, crypto analyst Lark Davis has outlined reasons why BTC...
Bitcoin News / Bitcoinist - 9 months ago
Prominent figures within the crypto community are raising alarms over what appears to be a new wave coordinated effort by US banks to systematically dissociate from businesses dealing in digital currencies. Operation Choke Point 2.0 which began last...
Bitcoin News / Bitcoinist - 9 months ago
A firestorm erupted in the cryptocurrency world this week after Ripple, the company behind the XRP token, announced its foray into stablecoins. The move sparked a public spat with Coindesk, a prominent cryptocurrency news outlet, raising questions ab...
Bitcoin News / Bitcoinist - 9 months ago
The Shiba Inu burn rate has turned negative after a rather good week of momentum. This downturn in the burn rate is a deviation from the established trend this week and could have something to do with the decline in the SHIB price during this time.
S...