Bitcoin News / Bitcoinist - 2 years ago
The rate of digital currency adoption in Kenya is unlike any other country in Africa.
The United Nations reports that Kenya has the highest proportion of its people holding cryptocurrencies in Africa, highlighting the country’s exposure to the...
Bitcoin News / Bitcoinist - 2 years ago
Following the UST depeg, the crypto market started to crumble: crypto institutions crashed, exchanges suspended withdrawals, and lending protocols suffered from liquidation and runs, presenting a huge liquidity crisis. The domino effect has also full...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin will weather the ongoing crypto storm and come out stronger, a top crypto expert predicts.
Ruchir Sharma, the chairman of investment management company Rockefeller International, has never had any doubts about the potential of bitcoin, not on...
Bitcoin News / Bitcoinist - 2 years ago
Security regulators in Texas and Alabama have intensified investigations into crypto lender Voyager following the recent slump witnessed by the platform.
Soon after the information emerged regarding the loans and the credit status of the borrowers, r...
Bitcoin News / Bitcoinist - 2 years ago
Bret Taylor, the chairman of Twitter, announced that he intends to sue Elon Musk, founder and CEO of Tesla – one of the richest men in the world – in order to enforce the merger deal.
Taylor stated in a tweet on July 8:
The Twitter Board...
Bitcoin News / Bitcoinist - 2 years ago
Itâs time to visit Oslo one more time. Bitcoinist keeps mining The Human Rights Foundationâs Oslo Freedom Forum for the content all those other bitcoin sites are not interested in. We are talking about real life here, and we already went to the well...
Bitcoin News / Bitcoinist - 2 years ago
The U.S Treasury Department has published a fact sheet which lays a framework for international engagement related to crypto. This fact sheet was published on Thursday.
It lays out how U.S plans on working with several foreign regulators to take up...
Bitcoin News / Bitcoinist - 2 years ago
Cryptocurrency has secured immense popularity across the globe. The increase in popularity of crypto, however, cannot be interpreted as increase in awareness about the same. India has been fascinated with the industry despite all the uncertainties in...
Bitcoin News / Bitcoinist - 2 years ago
Itâs time for The New York Timesâ worst lies about El Salvador. Also, for the newspaperâs counterpoint, in which they admittedly and commendably reflect favorable points of view. As we said in the previous article, âItâs important to remember that we...
Bitcoin News / Bitcoinist - 2 years ago
The bear market carries a lot of implications for investor depending the assets theyâre invested in, and for untested market such as the decentralized finance (DeFi) market, the implications can be even worse. The space is already fraught with a lot...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin bull and CEO of MicroStrategy Michael Saylor talked about Bitcoin, Ethereum, Cardano, and their asset classification in the United States. This topic has gained more importance over the last month as the Securities and Exchange Commission (SE...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the crypto futures market has observed liquidations amounting to $280 million in the last 24 hours as Bitcoin broke above $22k.
76% Of The Crypto Futures Positions Liquidated In Past 24 Hours Were Shorts
In case anyone is unaware what R...
Bitcoin News / Bitcoinist - 2 years ago
Over the last several months, the market has watched bitcoin miner profitability plummet to new lows. These miners who are dependent on the BTC gotten from their mining activities have found themselves in a tight spot as the price of bitcoin has suff...
Bitcoin News / Bitcoinist - 2 years ago
The legal dispute between the U.S. Securities and Exchange Commission and Ripple Labs Inc., an innovator in blockchain technology based in San Francisco, continues to witness new twists and turns.
Just last week, Ripple’s attorney John E. Deato...
Bitcoin News / Bitcoinist - 2 years ago
Per a press release from the U.S. Treasury, crypto and digital assets should have equal international regulations. The government agency published a âFramework for International Engagement on Digital Assetsâ following an executive order (EO) from U.S...
Bitcoin News / Bitcoinist - 2 years ago
A Solana investor has filed a class action lawsuit against major stakeholders in the Solana network for allegedly benefitting off SOL, the native coin of the blockchain which, according to the claim, is an unregulated security.
The filing was made in...
Bitcoin News / Bitcoinist - 2 years ago
The New York Times joined the rest of mainstream media in kicking bitcoin when itâs down. Even though the worldâs economy is clearly in the red across the board, bitcoin deniers are having the time of their lives declaring bitcoin dead. That puts Nay...
Bitcoin News / Bitcoinist - 2 years ago
The Oslo Freedom Forum wasnât a bitcoin conference, but the Human Rights Foundation made sure that its message was always present. Weâve already featured – one, two, three, four –Â activists, corporate leaders, and cypherpunks. Itâs time...
Bitcoin News / Bitcoinist - 2 years ago
The bitcoin mining cyclicality has been prominent for a while now. This has followed the different bull and bear cycles in the space. These cycles of abundance and lack have greatly impacted the profitability of these miners. So in this report, we ta...
Bitcoin News / Bitcoinist - 2 years ago
The popular pseudonym Twitter account Oxb1 has revealed the identity of the user behind it and, as rumors claimed, it is linked to lending company Celsius. Jason Stone founder and CEO of investment firm KeyFi wrote a thread explaining its relationshi...
Bitcoin News / Bitcoinist - 2 years ago
Ethereumâs decentralized finance protocol MakerDAO proposed a historic vote to connect a U.S. bank to its platform, the Huntingdon Valley Bank (HVB). The community has approved the proposal and the financial entity will be able to access an initial d...
Bitcoin News / Bitcoinist - 2 years ago
The United States expansion for Huobi has gone a step further. This is valid as HBIT secures its MSB (Money Service Business) license from the US FinCEN (Financial Crimes Enforcement Network). HBIT is a subsidiary of the digital currency exchange pla...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin trading volume is now once again moving sideways at a low average value as activity on the network slows down to a crawl.
Bitcoin Average Daily Trading Volume Returns Back To Below $4 Billion
As per the latest weekly report fro...
Bitcoin News / Bitcoinist - 2 years ago
NFTs on both the Ethereum and Solana chains have been gaining popularity over the past year. The trading of jpegs on the blockchain was the new shiny thing that had quickly gained acceptance from investors all over the place. This brought millions of...
Bitcoin News / Bitcoinist - 2 years ago
Popular social media platform Reddit will launch a new feature called Collectible Avatars. These blockchain-backed items are non-fungible tokens (NFTs) running on Ethereumâs second-layer scalability solution Polygon.
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