Category : Bitcoinist

Bitcoinist

FTX’s Sam Bankman-Fried Is Back In Court: Here’s Everything You Should Know

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729,400 Bitcoin Wallets Exited Over Past Month, What’s Going On?

On-chain data suggests around 729,400 Bitcoin wallets cleared themselves out in the last month. Here’s what could be behind this trend. Bitcoin Wallets Carrying A Balance Have Taken A Sharp Hit In Past Month In a new post on X, the on-chain ana...

Polygon At A Crossroad: Token Unlock Fest Or Price Fizzle?

Polygon, the Ethereum scaling platform, finds itself at a crossroads. On one hand, it recently completed its final token unlock, marking a milestone in its development. On the other hand, its native MATIC token grapples with a price dip and underperf...

Shiba Inu ERC-404 NFTs Ready To Go: Marketing Lead Drops Crucial Information

After much anticipation, Shiba Inu’s new ERC-404 Non-fungible Tokens (NFTs), Sheboshi is now available for claiming. Notably, Shiba Inu marketing influencer Lucie has shared valuable information for NFT enthusiasts seeking to secure these unique dogg...

Shiba Inu Burn Rate Explodes Over 4000%, What’s Behind It?

Shiba Inu burn initiative has yet again experienced a significant rise in its token burn rate, which saw millions of SHIB being sent to the burn address, thereby reducing its circulating supply. Shiba Inu Burn Rate On The Rise By lowering the number...

Crypto Sleuth Exposes ‘Real’ Reason For USDC’s Breakup With Tron

Circle, the entity behind the prominent crypto stablecoin USDC, announced its decision to discontinue its association with the TRON blockchain yesterday. This cessation of USDC operations on TRON, effective immediately, will stop the minting of new U...

Bitcoin As Fee? UK Prime Minister Denies Claims Of Bitcoin Or $1 Million Payment For Interview

In a recent turn of events, UK Prime Minister Boris Johnson finds himself embroiled in a media spat with former Fox News host Tucker Carlson. The dispute revolves around an alleged demand by Johnson for Bitcoin or a million-dollar fee for an intervie...

Coinbase Urges SEC: 5 Reasons For A Spot Ethereum ETF Green Light

Coinbase, one of the leading cryptocurrency exchanges, has formally responded to the Securities and Exchange Commission (SEC) regarding the proposal for a spot Ethereum Exchange-Traded Fund (ETF). Paul Grewal, Coinbase’s Chief Legal Officer, an...

Legal Clash: Texas Crypto Firm Files Lawsuit Against US SEC Over Digital Asset Regulation

A Texas-based crypto company, Lejilex, along with the Crypto Freedom Alliance of Texas (CFAT), has filed a lawsuit against the US Securities and Exchange Commission (SEC), alleging ‘regulatory overreach’ and seeking ‘clarity on the...

A Leading DeFi Bull Indicator? MetaMask Registers Over 30 Million In 5 Months

MetaMask monthly active users (MAUs) currently stand at over 30 million, a near 2X surge from around 19 million recorded in September 2023. This uptick could be a huge positive indicator of growing activity around non-custodial activities, including...

Bitcoin Bullish Signal: Inflows To HODLer Wallets Hit ATH

On-chain data shows the Bitcoin inflows going towards “accumulation wallets” have hit a new all-time high, a sign that could be bullish for the asset. Bitcoin HODLer Inflows Recently Hit 25,300 BTC As explained in a post on X by Ki Young...

‘Avoid Ethereum (ETH) At All Costs’ Says Bitcoin Advocate – Here’s Why

Bitcoin supporter Fred Krueger has recently voiced concerns about Ethereum’s (ETH) fundamental trends and potential regulatory hurdles. Krueger’s remarks, shared in a post on X, underscored notable statistics regarding Ethereum’s ne...

Shiba Inu Team Embraces Ethereum ERC-404 Standard For New NFT Collection

The Shiba Inu (SHIB) team has decided to test the waters with the launch of its latest NFT (non-fungible token) collection. This NFT collection, known as the ‘SHEboshis’, is different from the norm as it incorporates the ERC-404 token standard. Shib...

Former FTX And Alameda Executives Launch New Crypto Exchange In The US

The collapse of FTX filled the crypto community with uncertainty and contributed to shaping the market in the following years. Since then, the crypto industry has seen better days, and newly launched projects have a healthier landscape to navigate. H...

SEC Leader Resigns, Stating ‘Crypto Is Here To Stay’ Following Bitcoin ETF Approvals

Ladan Stewart, a prominent figure in the US Securities and Exchange Commission’s (SEC) crypto division, has left her position to join White & Case, a renowned law firm based in the United States. Stewart, who has led the SEC’s crypto...

Dogecoin Bullish Signal: DOGE Transaction Count Hold 1 Million Threshold Through February

Dogecoin might be very far from its highs, and current activity around the meme coin is far below what it once was, but that doesn’t mean the meme coin is no longer relevant. In fact, recent metrics show that the meme coin ecosystem is still capable...

Final Appeal Rejected: Do Kwon’s Extradition To The US Inevitable

Do Kwon, the co-founder of Terraform Labs, who has been residing in Montenegro since his arrest in March 2023, is reportedly set to be extradited to the United States to face charges related to financial fraud. The decision comes after the Podgorica...

FTX Founder Sam Bankman-Fried In The Spotlight With Uncommon Court Appearance

According to a Bloomberg report, Sam Bankman-Fried, the founder of now-bankrupt crypto exchange FTX, will make a “rare” court appearance in New York on Wednesday after being convicted in November for a multi-billion dollar fraud involving...

US Senators’ Efforts To ‘Kill Crypto Industry’ Move Forward, Warns Digital Chamber

The Chamber of Digital Commerce has issued a stark warning about proposed legislation that it claims threatens the very foundation of the cryptocurrency industry in the United States. According to the Chamber, the Digital Asset Anti-Money Laundering...

Crypto Analyst Says Pay Attention To XRP If You Want To Make Money, Here’s Why

Despite the disappointing performance of XRP in recent times, a crypto analyst has remained optimistic, predicting a bullish outcome for XRP, suggesting investors can still profit from the cryptocurrency. XRP On Profit Watchlist In a recent X (former...

Bitcoin Plunges Under $51,000, What’s Behind This Drop?

Bitcoin has witnessed a plunge under the $51,000 level during the past day, here’s what’s potentially behind this decline according to on-chain data. Bitcoin Has Slipped Under The $51,000 Level During The Past Day Yesterday, Bitcoin had o...

Bitcoin On Fire: Data Reveals Robust Demand For ETFs Amid Record Performance

Bitcoin (BTC) is experiencing a bullish surge, reaching a new year-to-date high of $52,900 this week, fueled by strong inflows into spot exchange-traded funds (ETFs). Analysts attribute this positive momentum to several key factors, including rising...

Shiba Inu Burn Rate Crashes With Only 2 Million SHIB Burned, What’s Going On?

The Shiba Inu burn rate has flatlined over the last 24 hours as the burned tokens, as well as the number of burn transactions carried out during this time, dropped dramatically. This drop in the burn rate could be indicative of SHIB users not being a...

Pro-XRP Lawyer Makes Bold Move With Senate Candidacy Intentions

John E Deaton, a well-known crypto lawyer representing over 75,000 XRP holders, has revealed his intentions to run for the senate seat in the upcoming elections this year. Pro-XRP Lawyer To Run For Senate Seat The pro-XRP lawyer announced his desire...

Michael Saylor Says He’ll Be Buying Bitcoin ‘Forever’ – Here’s The Scoop

Tech titan and outspoken Bitcoin advocate Michael Saylor remains unfazed by market fluctuations, reaffirming his unwavering commitment to the world’s leading cryptocurrency. In a recent Bloomberg TV interview, Saylor declared his intent to R...

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