Bitcoin News / Bitcoinist - 2 days ago
Amid uncertainty around Ethereum Spot Exchange-Traded Funds (ETFs), Grayscale Chief Legal Officer (CLO) Craig Salm has expressed his insights on the subject, addressing the similarities between Ethereum and Bitcoin spot ETFs.
Ethereum Spot ETFs Is Ju...
Bitcoin News / Bitcoinist - 2 days ago
In a move signaling a major shift in the cryptocurrency landscape, BlackRock, the world’s largest asset manager, has emerged as a dominant force in Bitcoin ownership through its iShares Bitcoin Trust (IBIT). Launched in mid-January 2024, IBIT h...
Bitcoin News / Bitcoinist - 2 days ago
On Monday, Peruvian gold miner Nilam Resources, Inc. (OTC PINK: NILA) has announced its intention to acquire a staggering 24,800 Bitcoin (BTC). The strategic initiative comes via a Letter of Intent (LOI) with Xyberdata Ltd, setting the stage for the...
Bitcoin News / Bitcoinist - 3 days ago
Bankrupt crypto exchange FTX will sell two-thirds of its stake in artificial intelligence (AI) startup Anthropic for $884 million, according to a Bloomberg report. The move comes as FTX seeks to repay its creditors and bolster its cash reserves.
The...
Bitcoin News / Bitcoinist - 3 days ago
One of the two senior executives from crypto exchange Binance has escaped from the Nigerian authorities as criminal charges were pressed against him. The executive was first detained on February 26 as part of Nigeria’s actions against the exchange.
A...
Bitcoin News / Bitcoinist - 3 days ago
The Philippines Securities and Exchange Commission (SEC) has taken a significant regulatory step by blocking local access to Binance, the world’s largest cryptocurrency exchange by trading volume.
According to a release issued by the regulator...
Bitcoin News / Bitcoinist - 3 days ago
Dogecoin Price Drop To $0.15 Would Wipe Out $66 Million
The Dogecoin price is still holding steady above $0.17, but long traders face a threat if the price were to break down and retreat from here. According to data from Coinglass, there are a lot o...
Bitcoin News / Bitcoinist - 3 days ago
On-chain data shows the recent Bitcoin consecutive profit-taking day streak has now surpassed the longest run from the 2021 bull rally.
Bitcoin Has Now Seen 157 Straight Days Of Net Profit-Taking
As analyst James Van Straten explained as a new post o...
Bitcoin News / Bitcoinist - 3 days ago
Tony “The Bull” Severino, the Head of Research at NewsBTC and a certified CME, has identified an “Evening Star” candlestick pattern on the monthly chart of the Bitcoin CME futures. This formation, which traditionally indicates...
Bitcoin News / Bitcoinist - 3 days ago
Shiba Inu (SHIB) whales look to be at it again following large transactions involving the meme token in the last 24 hours. As expected, these transactions have raised concerns that crypto investors might be looking to offload their tokens on the mark...
Bitcoin News / Bitcoinist - 3 days ago
Last week, the crypto investment landscape witnessed a significant exodus of capital from global crypto funds. A recent report from CoinShares highlighted nearly $1 billion net outflow from these funds, marking a historic departure from a 7-week infl...
Bitcoin News / Bitcoinist - 3 days ago
Terraform Labs is set to face a high-stakes trial on Monday, grappling with civil fraud allegations linked to the collapse of its TerraUSD stablecoin in 2022. Meanwhile, Terra co-founder Do Kwon remains in Montenegro awaiting the decision on whether...
Bitcoin News / Bitcoinist - 3 days ago
Popular doggy-themed cryptocurrency, Dogecoin, has recently experienced an exponential surge in its price value. Despite its previously sluggish price momentum, Dogecoin witnessed a massive $800 million increase in open interest over the weekend. Int...
Bitcoin News / Bitcoinist - 3 days ago
Elon Musk, the tech magnate behind SpaceX and Tesla, has raised questions about Ethereum co-founder Vitalik Buterin’s apparent retreat from X, the platform Musk acquired in 2022 for $44 billion. The conversation was sparked by a post from ̶...
Bitcoin News / Bitcoinist - 3 days ago
On-chain data shows the Bitcoin long-term holders, or so-called “diamond hands,” have transferred a total of 669,000 BTC over the past month.
Bitcoin Long-Term Holders Have Sold Big In Past 30 Days
As explained by CryptoQuant Netherlands...
Bitcoin News / Bitcoinist - 3 days ago
Following the official launch of XRP Ledger’s (XRPL) Automated Market Maker (AMM), XLS-30, on March 22, developers unearthed various discrepancies linked to a system bug. As a result, an XRPL developer has called for a fix, highlighting the need for...
Bitcoin News / Bitcoinist - 3 days ago
The crypto space is bracing for another eventful week, marked by several key developments and coins that are poised to influence market dynamics. So, here’s what investors and enthusiasts should be on the lookout for.
Bitcoin: A Watchful Eye On Spot...
Bitcoin News / Bitcoinist - 3 days ago
Acclaimed Author and Bitcoin bull Robert Kiyosaki has once again displayed his confidence in BTC, revealing his intentions of increasing his holdings as he predicts significant gains for the largest cryptocurrency asset.
Robert Kiyosaki Targets Bitco...
Bitcoin News / Bitcoinist - 3 days ago
The allure of Bitcoin continues to spark debate, with proponents touting its skyrocketing value and critics warning of a potential bubble. This weekend, a prominent crypto advocate and CEO, Michael Saylor, reignited the discussion by showcasing Bitco...
Bitcoin News / Bitcoinist - 3 days ago
In the XRP lawsuit, the next crucial phase is set to commence for Ripple Labs against the US Securities and Exchange Commission (SEC) tomorrow. Defense lawyer James K. Filan has recently casted the spotlight on March 26.
The SEC has already submitted...
Bitcoin News / Bitcoinist - 4 days ago
Shibarium, Shiba Inu’s layer-2 solution, recently reached an all-time high total value locked (TVL) of over $3.67 million. As if the current bullish sentiment around the Shiba Inu’s ecosystem isn’t enough, its layer-2 solution has now rea...
Bitcoin News / Bitcoinist - 4 days ago
Ark Invest CEO Cathie Wood has reiterated her bullish stance on Bitcoin. The investment mogul, who recently disclosed she allocated 25% of her wealth into Bitcoin, has now predicted the cryptocurrency is on a highway to new highs.
Particularly, Woo...
Bitcoin News / Bitcoinist - 4 days ago
Iceland, the volcanic island nation famed for its stunning landscapes and clean energy production, is embarking on a new chapter. In a move that highlights a growing global trend, The country is shifting its focus from supporting the cryptocurrency m...
Bitcoin News / Bitcoinist - 4 days ago
The simmering debate over Bitcoin exchange-traded funds (ETFs) in the UK has reignited, with industry leaders calling for wider access for investors. This comes on the heels of the US Securities and Exchange Commission (SEC) approving Bitcoin ETFs in...
Bitcoin News / Bitcoinist - 4 days ago
The Bitcoin halving, one of the most anticipated crypto events in 2024, is less than a month away, and miners seem to be in full preparation for its aftermath. The April event is expected to slash mining rewards on the Bitcoin network in half, making...