Category : Bitcoinist

Bitcoinist

Crypto Lawyer Exposes US Fed’s Lead in Operation Chokepoint 2.0

James “MetaLawMan” Murphy, a prominent crypto legal expert at Ludlow Street Advisors, has recently brought to light a contentious issue involving the United States Federal Reserve (Fed) and its alleged role in the “Operation Chokepoint 2.0,R...

Coinbase Scores Big: Former UK Finance Minister Joins Advisory Council

In a strategic move to enhance its regulatory influence, leading cryptocurrency exchange Coinbase has appointed former British finance minister George Osborne as a global advisor. Osborne’s extensive experience in economic policy and his tenure...

Bullish Golden Cross Forms On Altcoins Chart, Crypto Analyst Expects Big Moves

Altcoins have taken a nosedive following the flagship cryptocurrency, Bitcoin’s move to the downside. However, based on a recent revelation by this crypto analyst, there is reason to believe that the general outlook in the crypto market might soon ch...

Celsius Makes Good On Promise, Begins Distributing $3 Billion To Creditors

After a protracted 18-month journey through the intricacies of bankruptcy proceedings, Celsius Network, a beleaguered crypto lender, has successfully concluded the distribution of assets exceeding $3 billion to its creditors. The labyrinthine process...

Ethereum: Buterin Silent Amid Rising Pressure Over Gatecoin Hack Link

Ethereum founder Vitalik Buterin is facing escalating scrutiny over alleged links between himself, the Ethereum Foundation and the colossal $450 million Gatecoin hack of 2016. The controversy, first ignited by on-chain investigations by TruthLabs (@B...

FTX Abandons Hope For Restart, Focuses On Asset Liquidation To Repay Customers

In a recent court hearing in Delaware, the failed crypto exchange FTX announced its decision to abandon efforts to restart its crypto exchange and instead liquidate all assets to refund its customers, according to an attorney representing the company...

Hong Kong Targets Worldcoin In Data Privacy Probe: Is Your Biometric Data At Risk?

Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has taken investigative actions against Worldcoin, a crypto project developed by Tools for Humanity. This move comes amid the “never-ending” concerns over the p...

Polygon Labs Advocates For Critical Infrastructure Status For DeFi Protocols In New Proposal

Regulatory oversight in decentralized finance (DeFi) has garnered significant attention recently. It has become a focal point for protocols and firms such as Polygon as they strive to navigate the evolving regulatory landscape and establish a solid f...

HODLing Steady: Bitcoin Long-Term Holder Supply Stays Near ATH

On-chain data shows that Bitcoin long-term holders haven’t sold much during the recent downtrend, as their supply is still near an all-time high (ATH). Various Bitcoin Long-Term Holder Groups Have Supplies Still Near ATH According to the latest...

Here’s How The Rising Stablecoin Supply Is Shaping Bitcoin’s Price Performance

Stablecoins are now emerging as a pivotal force, particularly influencing Bitcoin’s recent price movements. Data from the on-chain analytics firm Glassnode reveals a notable shift in the stablecoin supply ratio (SSR) oscillator, signaling an in...

Binance Reclaims Nearly 50% Market Share, BNB To The Moon?

Binance has regained its position as the world’s most dominant crypto exchange, capturing nearly 50% of the global market share, according to data from Kaiko. The analytic data provider revealed that Binance’s market share has rebounded t...

Vitalik Buterin Celebrates Birthday, Says “My Childhood Is Over”

Today, on his 30th birthday, Ethereum co-founder Vitalik Buterin shared a moving post reflecting on the last couple of years of his life and the evolving crypto space that made him re-evaluate his role within the community. The End Of An Era For Vit...

Shiba Inu Unveils The Bridge: Team Offers Steps For Moving BONE To Shibarium

Shiba Inu (SHIB) is attracting the attention of crypto enthusiasts. The team behind the meme-inspired coin has revealed a guide on bridging Bone ShibaSwap (BONE) from the Ethereum mainnet to Shibarium. Shiba Inu Breaks Down BONE Bridge From Ethereum...

Symmetrical Triangle That Led To 30,000% XRP Price Surge Has Returned

Crypto analyst Jaydee recently highlighted a notable pattern on the XRP price chart ahead of its monthly close. The analyst hinted that this all but confirms that a parabolic move was on the horizon for the crypto token, going by what happened the la...

Argentina: ‘Pro-Bitcoin’ Milei Cancels Crypto Tax Exemptions

In a recent legislative shift, Argentine President Javier Milei, together with Economy Minister Luis Caputo, has effectively canceled proposed tax exemptions for cryptocurrencies, altering a key component of the ‘Bases and Starting Points for t...

Bitcoin Blasts To New Record High Against New York Community Bancorp

New York Community Bancorp, Inc. (NYSE: NYCB) shares plummeted by 45% today after a dividend cut and an unexpected loss on earnings. And as history has proven, when banks are bleeding, Bitcoin often is a beneficiary. This time is no different, with B...

Ethereum Shows Recovery: Is This Rally Sustainable?

Ethereum has been making a fresh attempt at recovery recently. Here’s what on-chain data suggests regarding if this run can be sustainable or not. Ethereum Network Growth And Utility Have Both Gone Up Recently According to data from the on-chai...

New Study Reveals How Bitcoin Has Fared In El Salvador As Legal Tender

El Salvador, despite its efforts to promote financial inclusivity and spur economic development by accepting Bitcoin as a legal tender, appears to be encountering difficulties in achieving widespread acceptance of the digital currency. A research sur...

BREAKING: Ripple Falls Victim To Massive Hack, Over 213 Million XRP Stolen

Blockchain payment firm Ripple has recently experienced a significant security breach, resulting in the loss of a substantial amount of XRP. The hack, uncovered by decentralized finance (DeFi) detective ZachXBT, has raised serious concerns about the...

EU Contemplates Bitcoin Ban With New Report? Here’s Why You Should Care

The European Union published a report on Bitcoin and the BTC mining industry and its potential implications for three key sectors. The document hints at what many in the crypto space fear: the region is moving to ban Proof-of-Work within its borders....

Central Banks Unite To ‘Weaken’ Bitcoin: New Research Reveals

Daniel Batten, managing partner at CH4 Capital and a noted climate activist for The Bitcoin ESG Forecast, has brought to light new research indicating a concerted effort by Central Banks, particularly within the European Union, to systematically R...

Dogecoin Community Tracks Down Hacker As MyDogeWallet Is Compromised Again

The identity of the person responsible for the recent hack of the Dogecoin wallet, MyDogeWallet’s X (formerly Twitter) account, has been revealed. This comes following a commendable effort by the Dogecoin community to track down this individual. The...

Pro-XRP Lawyers In Uproar As SEC Faces Humiliating Defeat

The United States Securities and Exchange Commission (SEC) suffered another stinging defeat in its campaign against the crypto industry yesterday, a development described by the pro-XRP legal community as a profound setback. On Tuesday, January 30, t...

Merging Crypto And AI Opens Doors, But Beware The Traps – Vitalik Buterin

Ethereum co-founder Vitalik Buterin has set the cryptosphere buzzing with a recent blog post examining the potential integration of artificial intelligence (AI) with blockchain technology. While acknowledging the immense possibilities, Buterin also p...

Bitcoin Hashrate Rebounds, Smashes Through All-Time High

On-chain data shows the Bitcoin mining hashrate has seen a strong rebound off its recent lows and has just set a new all-time high (ATH). Bitcoin 7-Day Average Mining Hashrate Has Shot Up To A New ATH The “mining hashrate” refers to a met...

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