Bitcoin News / Bitcoinist - 1 week ago
The Shiba Inu ecosystem has witnessed an increase in SHIB burning endeavors in the 24 hours leading up to Christmas day. According to data from Shibburn.com, Shiba Inu’s burn tracker, the meme coin has witnessed a 41.87% increase in the number...
Bitcoin News / Bitcoinist - 1 week ago
2024 is officially the year of degens. CoinGecko traffic analysis revealed that meme coins captured 31% of investor interest. This means every third user favored DOGE and PEPE over BTC. Solana, hosting tokens like BONK, WIF, POPCAT, and PNUT, still d...
Bitcoin News / Bitcoinist - 1 week ago
On-chain data shows the Litecoin Daily Active Addresses indicator has seen a significant increase this year as compared to the last one. Litecoin Average Active Addresses Have Been Notably Higher This Year In a new post on X, the market intelligence...
Bitcoin News / Bitcoinist - 1 week ago
The US tax regulator, the Internal Revenue Service (IRS), has restated its stance on cryptocurrency staking, clarifying that rewards generated from staking activities are taxable as soon as they are received. The IRS added that staking rewards do not...
Bitcoin News / Bitcoinist - 1 week ago
A recent Bloomberg report has revealed that in 2024, Singapore was able to solidify its position as a leading digital asset hub in Asia, surpassing Hong Kong in “regulatory efficiency and appeal” to crypto firms. Particularly, the city-st...
Bitcoin News / Bitcoinist - 1 week ago
According to local reports, the Russian government will ban crypto mining activities in ten key regions following the recent enactment of the new industry-related laws. It will also implement seasonal bans on other territories and potentially add mor...
Bitcoin News / Bitcoinist - 1 week ago
Crypto analyst Ali Martinez has indicated that there is a looming parabolic rally for the Dogecoin price. Martinez predicted that the foremost meme coin could rally above $1 and reach as high as $20 if history repeats itself. Dogecoin Price Set For R...
Bitcoin News / Bitcoinist - 1 week ago
Bitcoin has been struggling to reclaim the $100,000 mark, facing persistent resistance while finding strong support around $94,000. Yesterday brought an interesting twist to the crypto market. While BTC grappled with selling pressure and volatility,...
Bitcoin News / Bitcoinist - 1 week ago
Bitcoin’s short-term outlook continues to appear negative as volatility mounts in the general crypto market. Over the past few days, the digital asset has dropped as high as 11% since reaching a new all-time high, triggering speculation within...
Bitcoin News / Bitcoinist - 1 week ago
Crypto analyst TradingShot has provided insights into the Bitcoin price recovery to $150,000. He analyzed the Fibonacci levels to provide insights into how Bitcoin could reach this new high, although the analyst suggested that there could be more pri...
Bitcoin News / Bitcoinist - 1 week ago
Nokia, a Finnish telecoms company, is joining the crypto revolution. According to reports, Nokia has developed a technology for encrypting digital assets and addressing vulnerabilities. The Finnish company formally applied for a patent for the encryp...
Bitcoin News / Bitcoinist - 1 week ago
Will your ship arrive in 2025? Time to call up some new meme coins to do the work for you in the new year. If ever there was a year of meme coins, 2024 has been it, and the momentum could continue well into 2025. Meme coins have outperformed every...
Bitcoin News / Bitcoinist - 1 week ago
The small fish may be reacting to market-wide selling pressure, but institutional crypto investors have adopted a different stance, pouring hundreds of millions into digital asset investment vehicles last week. According to a CoinShares report, digi...
Bitcoin News / Bitcoinist - 1 week ago
Who would have thought that a gang of blue birds could be so profitable? The new meme coin Flockerz ($FLOCK), on presale for another 29 days, has just hit $7.7M in token sales. Proving that it has some serious momentum behind it as it enters the fina...
Bitcoin News / Bitcoinist - 1 week ago
Shiba Inu (SHIB), one of the most talked-about meme coins in the cryptocurrency space, has seen a notable surge in whale activity in the past 24 hours. Particularly, data from on-chain analytics platform IntoTheBlock reveals a 265% increase in whale...
Bitcoin News / Bitcoinist - 1 week ago
A key figure in the cryptocurrency sector is out on a mission to push for a bipartisan crypto policy that would redefine the regulations governing digital assets. Cardano founder Charles Hoskinson will talk with Senator John Fetterman and other Democ...
Bitcoin News / Bitcoinist - 1 week ago
On-chain data shows the XRP blockchain has witnessed sharp wallet growth recently and has outpaced giant networks like Bitcoin and Ethereum. XRP Has Been Gaining Rapid Adoption Recently According to data from the on-chain analytics firm Santiment, th...
Bitcoin News / Bitcoinist - 1 week ago
While Ethereum (ETH) has once again failed to break through the stubborn $4,000 resistance level, BlackRock’s iShares Ethereum Trust ETF has quietly accumulated over one million ETH. This milestone reflects strong institutional demand for Ethereum, e...
Bitcoin News / Bitcoinist - 1 week ago
Hyperliquid (HYPE), a decentralized perpetual exchange (DEX) operating on its own Layer 1 blockchain, is currently grappling with significant security concerns after observing abnormal trading activities linked to North Korean hacker groups. Several...
Bitcoin News / Bitcoinist - 1 week ago
On-chain data shows HODLing behavior on the Litecoin network has remained strong recently despite the plunge that LTC’s value has observed. Litecoin HODLers Currently Control The Majority Of Supply In a new post on X, Litecoin’s official...
Bitcoin News / Bitcoinist - 1 week ago
The latest report from CoinShares, a leading digital asset investment firm, reveals that last week’s performance for crypto asset investment products was mixed. According to the report, the market experienced inflows totaling $308 million, mark...
Bitcoin News / Bitcoinist - 1 week ago
Bitcoin has endured days of underwhelming price action, retreating from its all-time high of $108,364 to a local low of $92,100. Despite this sharp pullback, the price structure remains bullish, fueling optimism among analysts and traders who believe...
Bitcoin News / Bitcoinist - 1 week ago
Crypto analyst Master Kenobi has presented a master plan, suggesting that Floki (FLOKI), a dog-themed meme coin, is on the brink of a massive breakout. While Dogecoin (DOGE) and Shiba Inu (SHIB) have experienced notable price surges in the past, Flok...
Bitcoin News / Bitcoinist - 1 week ago
Recent price movements suggest a potential resurgence of Dogecoin’s upward momentum in the midst of growing volatility within the general crypto market. As a result, several crypto analysts continue to display robust confidence in the dog-theme...
Bitcoin News / Bitcoinist - 1 week ago
The long-awaited Santa Rally seems to have come to a premature end – but you’ve still got the Christmas bonus burning a hole in your pocket. With Bitcoin finishing down last week for the first time since early November, investors are consolidating th...
