Bitcoin News / Bitcoinist - 11 months ago
Worldcoin (WLD), one of the big data altcoins led by OpenAI’s Sam Altman, has put on a tremendous show over the last few days. The WLD token went from a low of $2.2 at the start of last week to peaking above $8 as of Monday, February 19. This transla...
Bitcoin News / Bitcoinist - 11 months ago
In a recent development, decentralized finance (DeFi) crypto exchange FixedFloat has been targeted by hackers in a high-profile hack, resulting in the theft of over $26 million worth of Bitcoin (BTC) and Ethereum (ETH) from the exchange. The incident...
Bitcoin News / Bitcoinist - 11 months ago
CoinShares, a crypto asset management firm, has recently reported that there has been a notable surge in weekly inflows into crypto asset investment products, reaching a record high of $2.45 billion. The cumulative inflows for the year-to-date period...
Bitcoin News / Bitcoinist - 11 months ago
Shiba Inu (SHIB) has gotten one over its meme coin counterpart, Dogecoin (DOGE), following Coinbase’s decision to delist crypto tokens adopting the UXTO model, including the flagship cryptocurrency, Bitcoin, from its payment service. Coinbase Delist...
Bitcoin News / Bitcoinist - 11 months ago
In a year full of important elections around the globe, many candidates have approached their 2024 electoral campaigns with Bitcoin and crypto investors in mind. A local report suggests that the South Korean ruling party is aiming to gain the crypto...
Bitcoin News / Bitcoinist - 11 months ago
Amidst swirling discussions and concerns within the cryptocurrency community regarding the price performance of XRP, Ripple’s Chief Technology Officer, David Schwartz, has taken to X (formerly Twitter) to address and clarify the company’s...
Bitcoin News / Bitcoinist - 11 months ago
The long-running legal battle between the Securities and Exchange Commission (SEC) and Ripple is set to take further shape, with the discovery deadline coming up on February 20. The Commission is expected to be furnished with all the documents needed...
Bitcoin News / Bitcoinist - 11 months ago
Here’s how much Bitcoin the whales have added to their combined holdings since the start of the year 2024, according to on-chain data. Bitcoin Whales Have Accumulated This Much BTC In 2024 In a post on X, the on-chain analytics firm Santiment h...
Bitcoin News / Bitcoinist - 11 months ago
In a week bustling with pivotal developments across the crypto industry, investors have their eyes set on several key events and updates poised to influence market dynamics. From the anticipation surrounding Ethereum’s annual conference to Nvid...
Bitcoin News / Bitcoinist - 11 months ago
Since its launch in January, Spot Bitcoin ETFs have been growing steadily, gaining widespread adoption amongst investors and traders. However, despite its surging popularity, Jim Bianco, President and Macro Strategist at Bianco Research, has expresse...
Bitcoin News / Bitcoinist - 11 months ago
The recent price rally in Bitcoin (BTC) has brought a double-edged sword for miners, boosting network security but raising concerns about their long-term sustainability. While the hash rate, a measure of computing power dedicated to securing the netw...
Bitcoin News / Bitcoinist - 11 months ago
The Ethereum (ETH) ecosystem continues to be a flurry of activity, with several upcoming new projects and updates expected to be introduced in the near future, one of which is the “Verkle Trees” feature. Ethereum Co-Founder Hints On Verkl...
Bitcoin News / Bitcoinist - 11 months ago
The spotlight on Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), intensifies as veteran trader Peter Brandt and figures within the crypto industry voice their doubts about his ability to safeguard investors and effectively reg...
Bitcoin News / Bitcoinist - 11 months ago
In a recent statement shared on X (formerly Twitter), Edward Snowden, the former National Security Agency contractor and whistleblower, hailed Bitcoin as “the most significant monetary advance since the creation of coinage.” Snowden, known for...
Bitcoin News / Bitcoinist - 11 months ago
A dark cloud hangs over the Australian federal police as one of its own, Officer William Wheatley, stands accused of a daring crypto heist. The missing loot? A staggering 81.62 Bitcoins, valued at a then-humble $309,000 in 2019, but now a cool $4.2 m...
Bitcoin News / Bitcoinist - 11 months ago
The recent surge in Bitcoin (BTC) prices, pushing past the $52,000 mark, has ignited a wave of optimism within the cryptocurrency community. Visions of a six-figure future dance in investors’ heads, with some analysts even proposing a $150,000...
Bitcoin News / Bitcoinist - 11 months ago
Bitcoin ETFs (exchange-traded funds) had another positive performance over the past week, with billions of dollars flowing into the crypto investment products. Bitcoin ETFs: $2.2 Billion Inflows Over The Past Week The latest data by BitMEX Research s...
Bitcoin News / Bitcoinist - 11 months ago
In an interesting development, FTX creditors have launched a class action lawsuit against Sullivan and Cromwell (S&C), the law firm that is currently responsible for handling the bankruptcy proceedings of the defunct exchange. In a petition submi...
Bitcoin News / Bitcoinist - 11 months ago
The cryptocurrency world watches with a mix of intrigue and apprehension as Tether (USDT), the most prominent stablecoin, inches closer to a seemingly mythical $100 billion market capitalization. This monumental milestone signifies Tether’s und...
Bitcoin News / Bitcoinist - 11 months ago
American investment advisers, VanEck Associates, have been formally penalized by the United States Securities and Exchange Commission (SEC) for violating transparency laws. The investment company has agreed to pay a substantial penalty fee related to...
Bitcoin News / Bitcoinist - 11 months ago
Coinbase, the largest cryptocurrency exchange in the United States, has donated $3.6 million to Brink, a non-profit organization aimed at supporting the Bitcoin developer community. Brink To Funnel Donations Toward Bitcoin Core Developers On Friday,...
Bitcoin News / Bitcoinist - 11 months ago
Yuga Labs, developers of the prominent non-fungible token collection (NFT) collection Bored Ape Yacht Club (BAYC), has announced the acquisition of rival NFT company PROOF. This transaction is understood to grant Yuga Labs full ownership of all PROOF...
Bitcoin News / Bitcoinist - 11 months ago
In a recent development, VanEck, a registered investment adviser and issuer of Bitcoin Exchange Traded Funds (ETFs), has settled with the US Securities and Exchange Commission (SEC). The company has agreed to pay a civil penalty of $1.75 million to...
Bitcoin News / Bitcoinist - 11 months ago
On-chain data shows that one whale is rapidly accumulating Ethereum (ETH), selling large amounts of Wrapped Bitcoin (WBTC) via Aave, a popular non-custodial protocol. Whale Borrows WBTC From Aave, Buys ETH As of February 16, Lookonchain data showed...
Bitcoin News / Bitcoinist - 11 months ago
Data shows that Bitcoin Open Interest has surged to extreme levels recently, a sign that a large amount of volatility may soon clutch the market. Bitcoin Open Interest Has Been Rapidly Moving Up Recently As an analyst in a CryptoQuant Quicktake post...
