Bitcoin News / Bitcoinist - 11 months ago
The XRP community is concerned about the impending XRP Ledger (XRPL) Automated Money Maker (AMM), as the initiative might experience a setback due to the newly released cryptocurrency rules by the United States Securities and Exchange Commission (SEC...
Bitcoin News / Bitcoinist - 11 months ago
The recent introduction of Bitcoin exchange-traded funds (ETFs) in the United States, considered a watershed moment for the cryptocurrency’s mainstream adoption, has sparked a nuanced response characterized by a blend of optimism and skepticism...
Bitcoin News / Bitcoinist - 11 months ago
Software company MicroStrategy is not relenting on its ‘Bitcoin Strategy’ as a recent development suggests. The company’s co-founder, Michael Saylor, revealed that the firm had ramped up its BTC holdings following another acquisition of the flagship...
Bitcoin News / Bitcoinist - 11 months ago
The future of cryptocurrency regulation in the United States hangs in the balance, caught between the push for stricter controls and concerns about stifling innovation. A recent letter from key members of Congress throws a curveball into Treasury Sec...
Bitcoin News / Bitcoinist - 11 months ago
Fred Rispoli, senior managing partner at Hodl Law, has shared his updated view on the XRP lawsuit between Ripple and the US Securities and Exchange Commission (SEC) via X (formerly Twitter). This updated prediction comes after the SEC gained a partia...
Bitcoin News / Bitcoinist - 11 months ago
On Tuesday, the Solana blockchain encountered a significant setback, experiencing an outage that halted block production for four hours and 46 minutes. This interruption in service is not the first for Solana, a network celebrated for its high throug...
Bitcoin News / Bitcoinist - 11 months ago
In a recent development, Digital Currency Group (DCG), the parent company of bankrupt crypto lender Genesis Capital, has objected to Genesis’ bankruptcy plan, arguing that it violates the Bankruptcy Code. DCG’s objection centers around G...
Bitcoin News / Bitcoinist - 11 months ago
Former Securities and Exchange Commission (SEC) Chair Jay Clayton recently commented on the long-running battle between the SEC and Ripple. Going by his remarks, there is reason to believe that the case isn’t coming to an end anytime soon. SEC Could...
Bitcoin News / Bitcoinist - 11 months ago
Hedera, an open-source public distributed ledger network, has announced a five-year partnership agreement worth $250 million with the Saudi Ministry of Investment. Hedera And Hashgraph Launch DeepTech Venture Studio As part of the agreement, Switzer...
Bitcoin News / Bitcoinist - 11 months ago
Shiba Inu is still at the forefront of crypto investors’ minds, especially large investors, as shown by the notable rise in their activity over the last week. This development also comes at a time when there has been a noted increase in the SHIB burn...
Bitcoin News / Bitcoinist - 11 months ago
Data shows that Dogecoin adoption has accelerated to its fastest pace, as 413,800 DOGE addresses have appeared in the last two weeks. Dogecoin Non-Zero Wallets Have Spiked Up Recently In a new post on X, the on-chain analytics firm Santiment talked a...
Bitcoin News / Bitcoinist - 11 months ago
In a recent development, logistics firm Geometric Energy Corporation (GEC) has revealed that they paid the rebooking fee for the Doge-1 satellite in Dogecoin (DOGE). This comes alongside news that the satellite won’t be taking off anytime soon. Doge...
Bitcoin News / Bitcoinist - 11 months ago
A rare buy signal has been printed on the Bitcoin (BTC) monthly chart, fueling the ongoing debate about the BTC price trajectory in the coming weeks. This development comes in the face of recent concerns about the stability of the traditional financi...
Bitcoin News / Bitcoinist - 11 months ago
Recent reports have shown the surge in popularity of Artificial Intelligence (AI) generated technology, which could present a significant challenge for crypto exchanges and the community in the never-ending battle against scams and illicit activity....
Bitcoin News / Bitcoinist - 11 months ago
In a series of statements on X, Brian Morgenstern, Head of Public Policy at Riot Platforms Inc, the second-largest Bitcoin miner in the United States by market capitalization, has openly criticized the US Energy Information Administration’s (EI...
Bitcoin News / Bitcoinist - 11 months ago
During the early hours of Tuesday, Solana (SOL) encountered a significant outage, adding to the growing list of incidents it has faced in the past 24 months. As reported by our sister website NewsBTC, the mainnet-beta of Solana experienced a nearly...
Bitcoin News / Bitcoinist - 11 months ago
Data from IntoTheBlock has revealed an interesting dynamic among Shiba Inu holders. According to the on-chain analytics platform, 68% of SHIB holders are currently at a loss as the crypto continues to fail to register price growth in the early months...
Bitcoin News / Bitcoinist - 11 months ago
In a blow to the South Korean cryptocurrency industry, the CEO of major exchange Bitsonic, Jinwook Shin, has been sentenced to seven years in prison for operating a sophisticated fraudulent scheme totaling 10 billion won, approximately $7.6 million....
Bitcoin News / Bitcoinist - 11 months ago
Terra founder Do Kwon and co-founder Shin Hyun-Seong of the failed crypto project are still fighting legal battles almost two years after the devastating collapse of the network. This time around, the co-founders of the network are having to fight al...
Bitcoin News / Bitcoinist - 11 months ago
Oklahoma-based Vast Bank, once boasting the title of the first US bank to integrate crypto trading directly into its checking accounts, has officially exited the cryptocurrency market. The closure of their crypto-friendly mobile app, “Vast Cryp...
Bitcoin News / Bitcoinist - 11 months ago
US Treasury Secretary Janet Yellen is scheduled to address Congress today, focusing on the potential risks the crypto industry poses to the financial system. Her prepared remarks, which have been released before her appearance before the House Financ...
Bitcoin News / Bitcoinist - 11 months ago
Yesterday, in a significant development in the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC), US District Judge Sarah Netburn granted the SEC’s request for Ripple to disclose more comprehensive financial d...
Bitcoin News / Bitcoinist - 11 months ago
The Ethereum (ETH) balance in multiple mainstream centralized exchanges, like Coinbase and Binance, has hit a new low. According to Leon Waidmann on X, over 7 million ETH have been withdrawn since April 2023. Is It DeFi, NFT, Or EigenLayer Sapping E...
Bitcoin News / Bitcoinist - 11 months ago
In a recent report by The Guardian, it has been revealed that Sam Lee, an Australian blockchain entrepreneur facing charges of conspiracy to commit fraud in the US for his alleged involvement in a $1.89 billion crypto “Ponzi scheme,” has...
Bitcoin News / Bitcoinist - 11 months ago
On-chain data shows a Bitcoin ratio has found rejection at a historical level, a sign that the asset’s downtrend may continue. Bitcoin MVRV Ratio Has Rebounded Back Down Off The 2.0 Level As an analyst in a CryptoQuant Quicktake post explained,...
