Bitcoin News / Bitcoinist - 9 months ago
The upcoming sentencing of Sam Bankman-Fried, founder of the now-bankrupt FTX cryptocurrency exchange, is taking on a new dimension as the emotional and financial wreckage left behind by the company’s collapse comes to light.
The US Department...
Bitcoin News / Bitcoinist - 9 months ago
On Wednesday, Judge Failla from the Southern District Court of New York denied Coinbase’s motion to dismiss the Securities and Exchange Commission’s (SEC) case against the exchange. The SEC accuses Coinbase of operating as an unregistered...
Bitcoin News / Bitcoinist - 9 months ago
In a joint effort, Republican lawmakers led by House Financial Services Committee Chair Patrick McHenry and House Agriculture Committee Chair Glenn Thompson have called upon Securities and Exchange Commission (SEC) Chair Gary Gensler to provide furth...
Bitcoin News / Bitcoinist - 9 months ago
In the late hours of Tuesday, the crypto community saw another exploit. Munchables, the Ethereum Layer-2 NFT gaming platform, reported being compromised on an X post.
The crypto heist, which momentarily stole over $62 million, took a shocking turn of...
Bitcoin News / Bitcoinist - 9 months ago
Shiba Inu has gained another remarkable milestone by scoring a major listing on Bit.com.au, an Australian cryptocurrency exchange. This achievement adds to SHIB’s growing list of accomplishments, reflecting the cryptocurrency’s recent surge in moment...
Bitcoin News / Bitcoinist - 9 months ago
A recent development highlights the ongoing interagency drama between the US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC): the classification of major cryptocurrencies has become a focal point of conten...
Bitcoin News / Bitcoinist - 9 months ago
Dogecoin has been heating up recently and this has been apparent in both its price, as well as its on-chain meme metrics. With investor interest now turning back to the OG meme coin, there has been some marked increase in its on-chain metrics, which...
Bitcoin News / Bitcoinist - 9 months ago
While Tether (USDT), the world’s leading stablecoin, has been pivotal in facilitating transactions across the blockchain space, a recent analysis by blockchain analytics firm TRM Labs sheds light on a less desirable aspect of USDT’s ubiquity: i...
Bitcoin News / Bitcoinist - 9 months ago
Ethereum’s co-founder Vitalik Buterin recently heaped some praise on the Shiba Inu (SHIB) network following a transaction that he performed involving the meme coin. His statement immediately impacted SHIB’s price, with the crypto token recording some...
Bitcoin News / Bitcoinist - 9 months ago
On Tuesday, the US Department of Justice announced criminal charges against the global crypto exchange KuCoin and two of its founders, Chun Gan (also known as “Michael”) and Ke Tang (also known as “Eric”). The charges, related...
Bitcoin News / Bitcoinist - 9 months ago
On-chain data shows the Bitcoin whales have gone on a huge buying spree in the past week, a sign that could be bullish for the coin’s value.
Bitcoin Whales Have Scooped Up More Than 100,000 BTC Recently
As pointed out by analyst Ali in a post o...
Bitcoin News / Bitcoinist - 9 months ago
In a highly anticipated judgment with significant implications for the crypto industry’s legal battles against regulators in the United States, the court overseeing the Coinbase and US Securities and Exchange Commission (SEC) legal battle has d...
Bitcoin News / Bitcoinist - 9 months ago
Robert Kiyosaki, the best-selling author of the popular book, ‘Rich Dad Poor Dad’ has hailed Bitcoin as the perfect asset. Delving into the digital asset’s distinctive qualities, the financial expert offers a comprehensive comparison between BTC and...
Bitcoin News / Bitcoinist - 9 months ago
Despite the current sideways movement and flashes of weakness, on-chain data suggests that Bitcoin might rally in the days ahead. The upswing for the world’s most valuable coin will be driven by several factors, including dwindling exchange liq...
Bitcoin News / Bitcoinist - 9 months ago
Hong Kong is on the verge of a groundbreaking move in the Bitcoin space. According to a recent Bloomberg Intelligence report, the Hong Kong Securities and Futures Commission (SFC) is expected to approve spot Bitcoin ETFs with in-kind creations and re...
Bitcoin News / Bitcoinist - 9 months ago
Ripple Labs Chief Technology Officer (CTO) David “JoelKatz” Schwartz has weighed in on New Dev Null Productions’ choice to cease its contribution towards XRP and its ecosystem, offering perspective on the development.
Ripple CTO Adv...
Bitcoin News / Bitcoinist - 9 months ago
The Bitcoin space is on the verge of a monumental shift, with insider reports emerging that Morgan Stanley, a titan in the financial sector, is poised to approve Bitcoin ETFs on its platform within the next two weeks. This groundbreaking news was fir...
Bitcoin News / Bitcoinist - 9 months ago
Despite the bullish momentum witnessed in the cryptocurrency market, fueled by a significant uptick in Bitcoin’s price, skepticism among short sellers persists, and billions of dollars have been wagered on the downturn of cryptocurrency-linked...
Bitcoin News / Bitcoinist - 9 months ago
FTX customers are demanding substantial payouts from the bankrupt crypto firm. These customers claim three digital tokens, known as “Sam Coins,” deserve a higher value despite their association with convicted co-founder Sam Bankman-Fried....
Bitcoin News / Bitcoinist - 9 months ago
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a new round of sanctions on crypto-related companies linked to Russia. The measure is part of the US government’s efforts to combat OFAC-designated entities from ev...
Bitcoin News / Bitcoinist - 9 months ago
The discussion surrounding approving a spot Ethereum exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) is intensifying as the decision announcement date rapidly approaches.
Bloomberg’s Senior ETF Analyst, Eric Balchu...
Bitcoin News / Bitcoinist - 9 months ago
The US Securities and Exchange Commission (SEC) is facing a new lawsuit that aims to challenge the regulator’s failure to provide a clear regulatory framework for the crypto industry, specifically regarding classifying crypto airdrops as securi...
Bitcoin News / Bitcoinist - 9 months ago
In an escalation of the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), the regulatory agency has advanced its position by filing a Motion for Remedies and Entry of Final Judgment, which notably includes...
Bitcoin News / Bitcoinist - 9 months ago
Several developments and happenings in the Shiba Inu (SHIB) ecosystem continue to highlight the crypto token’s growth. These fundamentals also hint at SHIB’s price being primed for further moves to the upside.
The SHIB Army Is Resilient
Shiba Inu te...
Bitcoin News / Bitcoinist - 9 months ago
On-chain data shows the Litecoin network has achieved another major milestone recently as total LTC holders now exceed 8 million.
Litecoin Has Observed Significant Adoption Over The Past Year
As pointed out by Litecoin Foundation Director of Marketin...