Bitcoin News / Bitcoinist - 1 month ago
From its peak of $99,531 on November 23rd, Bitcoin, the world’s leading digital asset, is now trading at the $92k to $93k level, prompting many to speculate that its historic price run has ended. However, for CryptoQuant CEO Ki Young Ju, the alpha co...
Bitcoin News / Bitcoinist - 1 month ago
Charles Hoskinson, the founder of Cardano and a co-founder of Ethereum, has forecasted that Bitcoin could reach a price between $250,000 and $500,000 within the next 12 to 24 months. Speaking during a livestream on November 26, 2024, Hoskinson attrib...
Bitcoin News / Bitcoinist - 1 month ago
A pro-XRP lawyer lambasted SEC Chair Gary Gensler for not being fair with all cryptocurrency platforms, accusing Gensler of favoring some entities. The Securities and Exchange Commission official was scrutinized as his critics discovered that he had...
Bitcoin News / Bitcoinist - 1 month ago
On-chain data shows the Bitcoin investors who purchased at the top are capitulating following BTC’s drawdown under the $93,000 level.
Bitcoin Short-Term Holders Have Just Sold Big At A Loss
As an analyst in a CryptoQuant Quicktake post explaine...
Bitcoin News / Bitcoinist - 1 month ago
Prometheum, a firm that has garnered attention for its first-of-its-kind license to operate in crypto-based securities, finds itself at a crossroads. The firm has positioned itself within the regulatory framework established by the US Securities and...
Bitcoin News / Bitcoinist - 1 month ago
Memecoins have been the top narrative of this cycle, bringing in millions of dollars in revenue to platforms like Pump.fun and generating massive profits for crypto investors. However, many consider that the frenzy around these tokens has taken a con...
Bitcoin News / Bitcoinist - 1 month ago
Bitcoin has experienced a 7% pullback from its all-time high at $99,800 after failing to break above the psychological $100,000 mark. This retracement, while causing some concern among investors, is seen as a necessary consolidation phase for the cry...
Bitcoin News / Bitcoinist - 1 month ago
The adoption of cryptocurrency in the UK has seen a steady rise, with an estimated seven million adults now owning crypto assets, according to a recent report by the Financial Conduct Authority (FCA).
The figures indicate that approximately 12% of th...
Bitcoin News / Bitcoinist - 1 month ago
On-chain data shows the adoption of Cardano is now happening at the fastest pace since June 2023, a sign that could be bullish for ADA’s price.
Cardano Has Registered An Uptick In New Addresses Recently
According to data from the market intelli...
Bitcoin News / Bitcoinist - 1 month ago
Morocco is poised to lift its long-standing ban on Bitcoin and cryptocurrencies, signaling a significant shift in the nation’s financial policy. According to Reuters, Abdellatif Jouahri, the Governor of Bank Al-Maghrib (BAM), announced that a d...
Bitcoin News / Bitcoinist - 1 month ago
Donald Trump’s crypto project is getting a pump from TRON’s founder, Justin Sun. Bloomberg reports that Justin Sun, TRON’s founder, has announced that the company has approved a $30 million investment in Trump’s World Liberty Financial crypto project...
Bitcoin News / Bitcoinist - 1 month ago
The Dogecoin price is up almost 150% since the start of this month, as the foremost meme coin continues to enjoy a massive bull run. Crypto analyst Alan Santana has provided insights into what is driving this rally and whether it is sustainable.
Wha...
Bitcoin News / Bitcoinist - 1 month ago
As Bitcoin’s price continues to fluctuate, several important metrics might be essential in determining the digital asset’s next direction so that crypto enthusiasts and investors can position themselves for notable market shifts in the up...
Bitcoin News / Bitcoinist - 1 month ago
The Dogecoin price is outperforming Bitcoin. Surprising right? Dogecoin is renowned for its ability to outperform other cryptos during price swings. This is the case here, as DOGE, backed by a loyal community and strong market sentiment, is experienc...
Bitcoin News / Bitcoinist - 1 month ago
For years, Bitcoin has been receiving complaints about its intensive energy requirements and use of complex computer equipment. As such, the BTC mining industry is continuously looking for ways to address the cryptocurrency’s high energy use wi...
Bitcoin News / Bitcoinist - 1 month ago
The Shiba Inu burn rate is facing new challenges amidst a corresponding lull in the Shiba Inu price. According to data from Shiba Inu burn tracker Shibburn.com, the number of SHIB tokens burned in the past 24 hours has declined noticeably, which give...
Bitcoin News / Bitcoinist - 1 month ago
In a step toward integrating crypto into the country’s financial framework, Brazilian federal deputy Eros Biondini introduced a bill to create a national Bitcoin reserve.
Brazil’s Proposed Bitcoin Reserve Bill
Filed on Monday, the legislation...
Bitcoin News / Bitcoinist - 1 month ago
Bitcoin‘s recent upward momentum appears to be losing steam as the digital asset has shifted toward bearish territory, sparking speculations about upcoming price corrections. However, considering several factors and trends, these much-anticipat...
Bitcoin News / Bitcoinist - 1 month ago
Charles Hoskinson, the founder of Cardano, has publicly criticized the Wyoming Stable Token Commission’s recent blockchain network selections for the state’s upcoming stablecoin, the Wyoming Stable Token (WST). In a livestream titled R...
Bitcoin News / Bitcoinist - 1 month ago
On-chain data shows the Bitcoin long-term holders have participated in a major selloff recently, a sign that may not be ideal for BTC’s price.
Bitcoin Long-Term Holders Have Been Distributing Recently
As explained by on-chain analyst Checkmate...
Bitcoin News / Bitcoinist - 1 month ago
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Bitcoin News / Bitcoinist - 1 month ago
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Bitcoin News / Bitcoinist - 1 month ago
Semler Scientific, a Nasdaq-listed healthcare technology firm, has acquired an additional 297 Bitcoin (BTC) for $29.1 million. The purchase comes as Bitcoin edges closer to the highly anticipated $100,000 milestone.
Semler Scientific Expands BTC Hold...
Bitcoin News / Bitcoinist - 1 month ago
The crypto market faced a significant setback today as the Bitcoin price dropped below the $93,000 threshold. After reaching an all-time high of $99,588 on Binance last Friday, the leading cryptocurrency has fallen over 6%, hitting a low of $92,326....
Bitcoin News / Bitcoinist - 1 month ago
With President-elect Donald Trump set to begin his second term in the White House on January 20, Bloomberg reports that Wall Street is preparing to launch a new wave of financial products that invest in the crypto market.
‘Wild West’ Era For Crypto...