Bitcoin News / Bitcoinist - 2 months ago
The Bitcoin open interest has been a subject of debate over the past week, with various on-chain platforms revealing its recent record-breaking surge. However, investment analytics firm Alphractal disputed that the open interest in BTC had reached a...
Bitcoin News / Bitcoinist - 2 months ago
The Bitcoin and Ethereum price have crashed in the last 24 hours, dropping below $67,000 and $2,500, respectively. This price crash came following news about the alleged investigation into the USDT issuer Tether. Meanwhile, Israelâs attack on Iran wa...
Bitcoin News / Bitcoinist - 2 months ago
Ethereum (ETH) continues to perform poorly against Bitcoin (BTC) as the second-largest digital asset by reported market cap hit new multi-year lows against the top cryptocurrency.
Ethereum Continues To Underperform Against Bitcoin
Today, Ethereumâs n...
Bitcoin News / Bitcoinist - 2 months ago
On-chain data shows the Bitcoin Realized Cap has set a new all-time high (ATH) recently as the market has witnessed sharp capital inflows.
Bitcoin Realized Cap Has Just Set A New Record
According to data from the on-chain analytics firm Glassnode, th...
Bitcoin News / Bitcoinist - 2 months ago
South Korean authorities announced their plan to fully regulate cross-border crypto transactions by the end of 2025 to combat a âblind spotâ enabling tax evasion by foreign exchanges.
Koran Authorities To Regulate Cross-Border Crypto Transactions
Ac...
Bitcoin News / Bitcoinist - 2 months ago
In a recent move to boost the growth of crypto investment products in Japan, a coalition of Japanese companies has recommended that any upcoming exchange-traded funds (ETFs) in the region should focus on Bitcoin (BTC) and Ethereum (ETH).
This recomme...
Bitcoin News / Bitcoinist - 2 months ago
Aligning themselves with the tax reporting rule on digital currency enacted by the European Union (EU), the Netherlands revealed its intention to apply tax monitoring rules on crypto. The Dutch government, an EU member, is obliged to accept and apply...
Bitcoin News / Bitcoinist - 2 months ago
Bitcoin prices are steady above the $66,000 support when writing on October 25. While confidence is high, the coin is still trending below the psychological round at $70,000. It has yet to shake off sellers in early October.
Demand For Spot Bitcoin E...
Bitcoin News / Bitcoinist - 2 months ago
A gang of convicted Austrian fraudsters financed their luxurious life with money acquired from a giant crypto scam. Among other luxuries they purchased were a shark tank, a villa, a luxury car, private jet travels, and nights at club parties, Heute,...
Bitcoin News / Bitcoinist - 2 months ago
Bitcoin investors are presently displaying renewed enthusiasm towards the largest crypto asset as its net capital inflows have experienced a notable spike. This signals an increase in overall market appetite and has prompted speculations about potent...
Bitcoin News / Bitcoinist - 2 months ago
Cardano is set to unveil its first permissionless Layer 2 (L2) solution, positioning itself ahead of other blockchains like Ethereum. The announcement was made during the Cardano Summit 2024 in Argentina, where Philip DiSarro, CEO and founder of Anas...
Bitcoin News / Bitcoinist - 2 months ago
Recent market dynamics have seen the Dogecoin price approaching a significant milestone in its moving averages. As pointed out by an analysis of the TradingView platform, Dogecoin is about to have its first weekly golden cross in four years.Â
This te...
Bitcoin News / Bitcoinist - 2 months ago
Bitcoin is currently holding strong above the $65,000 mark after a period of high volatility and bullish sentiment. This price stability comes amid significant developments in the market. Key data from Santiment reveals a notable increase in Bitcoin...
Bitcoin News / Bitcoinist - 2 months ago
Shiba Inu investors have turned bearish amid a wave of sell-offs, which have halted the meme coinâs rally beyond the $0.000018 price level. On-chain analytics platform Santiment has provided insights into why this bearish sentiment could be positive...
Bitcoin News / Bitcoinist - 2 months ago
In a recent SEC filing dated Thursday, October 24, Microsoft Corporation (NASDAQ: MSFT) revealed that an “Assessment of Investing in Bitcoin” will be a voting item at its forthcoming shareholder meeting on December 10. This development ha...
Bitcoin News / Bitcoinist - 2 months ago
Recent on-chain data has shown that Bitcoin might be entering into two separate crucial phases in the current market cycle that could help to determine the next trajectory of the crypto asset’s price over the coming weeks.
Bitcoinâs Accumulatio...
Bitcoin News / Bitcoinist - 2 months ago
In a major move towards blockchain innovation and interoperability, Cardano has announced a new partnership with BitcoinOS (BOS), a smart contract operating system for Bitcoin, the worldâs first and largest cryptocurrency. The new alliance will be ai...
Bitcoin News / Bitcoinist - 2 months ago
A crypto wallet owned by the US government might have been compromised and infiltrated by hackers, raising concerns about the security measures being implemented by the government on digital assets.
The hacking incident could be a tell-tale sign of a...
Bitcoin News / Bitcoinist - 2 months ago
Cryptocurrency company Tether is currently under federal investigation for possible sanctions and anti-money laundering (AML) violations, according to the Wall Street Journal.Â
The criminal inquiry, led by prosecutors from the Manhattan US Attorneyâs...
Bitcoin News / Bitcoinist - 2 months ago
On-chain data shows that the Bitcoin Mining Difficulty has set a new all-time high (ATH) after the jump in the latest network adjustment.
Bitcoin Mining Difficulty Has Seen An Increase Of Nearly 4% Recently
According to data from CoinWarz, the BTC Di...
Bitcoin News / Bitcoinist - 2 months ago
Ripple Labs is poised to respond to the US Securities and Exchange Commission (SEC) with the filing of its Form C, outlining its appeal against the regulatory bodyâs efforts to overturn a pivotal ruling by Judge Analisa Torres in 2023. This filing co...
Bitcoin News / Bitcoinist - 2 months ago
Denmark is considering taxing unrealized gains on crypto assets to minimize the difference in tax treatment between digital assets and traditional asset holders.
Denmark Eyes Taxing Unrealized Crypto Profits
The Danish Tax Law Council has released an...
Bitcoin News / Bitcoinist - 2 months ago
In a recent interview on the Think Crypto Podcast, US Representative French Hill expressed his vision for a new leadership at the US Securities and Exchange Commission (SEC) in 2025, emphasizing the importance of innovation in the digital asset space...
Bitcoin News / Bitcoinist - 2 months ago
US-based cryptocurrency exchange Kraken, the sixth largest trading volume, is gearing up to launch its blockchain, Ink, in early 2025. This new platform aims to facilitate decentralized applications (dApps), enabling users to trade, borrow, and lend...
Bitcoin News / Bitcoinist - 2 months ago
Surging inflation in recent times, rising interest rates, stock market volatility, and uncertainty of macroeconomic events have led to speculation of an impending recession in the coming years. However, this alarm has been sounding for a while now.
A...