Bitcoin News / Bitcoinist - 2 years ago
Hate all you want; the US dollar is still the most dominant force in finance, and the global reserve currency. It is the de facto base currency in most trading pairs, even against Bitcoin. Because of this, when the dollar moves, so does the rest of t...
Bitcoin News / Bitcoinist - 2 years ago
Canadian bitcoin owners have little financial literacy and are susceptible to high levels of financial risk, a new Bank of Canada research shows. The Globe and Mail newspaper in Canada reported the study. According to the research paper, despite the...
Bitcoin News / Bitcoinist - 2 years ago
The International Monetary Fund (IMF) remains wary of a possible scenario where countries like Russia and Iran may use crypto mining to avoid sanctions. In the global financial stability report by IMF, the monetary institution expressed concerns rega...
Bitcoin News / Bitcoinist - 2 years ago
It’s tough being a crypto HODLer. You store away your tokens hoping for a market shift that will make you a profit a la Bitcoin’s bull runs in 2017 and 2021. The waiting game of constantly checking the market and not getting any income while you do s...
Bitcoin News / Bitcoinist - 2 years ago
In March 2022, it has been four months since the BXH (Boy X Highspeed) was attacked by hackers. After the incident, the police and many top security companies in the industry intervened in the investigation. For this “battle of justice” t...
Bitcoin News / Bitcoinist - 2 years ago
According to a research conducted by digital asset exchange aggregator Coincub, Germany was the most crypto-friendly country in the first quarter of this year. Singapore, the previous leader, has fallen to second place, while the United States has...
Bitcoin News / Bitcoinist - 2 years ago
The US Department of the Treasury is targeting companies, oligarchs, and bitcoin miners operating in Russia for the first time ever as the country’s conflict on Ukraine enters its third month. Treasury officials announced Thursday that the depa...
Bitcoin News / Bitcoinist - 2 years ago
Last year, Coinbase made history when it became the first major cryptocurrency company to go public. It took the market by storm as big players such as ARK Invest jumped in to take advantage of such a unique opportunity. Coinbase has now been trading...
Bitcoin News / Bitcoinist - 2 years ago
David Schwartz, CTO at payment solution company Ripple, weighted in on Elon Musk’s attempts to buy Twitter. The CEO at Tesla made a bid to take over the social media platform valued at over $40 billion. Related Reading | Ripple Distributes 1 Billion...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the prices of Bitcoin mining rigs have been going down for a while now as profitability for miners has been observing a shrink. Cost Of Bitcoin Mining Rigs Has Been On A Downward Spiral Recently As per the latest weekly report from Arcane...
Bitcoin News / Bitcoinist - 2 years ago
Leading crypto exchange Coinbase launched its non-fungible token (NFT) marketplace in its beta phase. According to an official post, any user can visit the marketplace to explore its Ethereum-based collections, but only a handful of testers will be a...
Bitcoin News / Bitcoinist - 2 years ago
A senior spokesperson of the International Monetary Fund (IMF) highlighted India’s preference to regulate crypto assets and ranked this issue as a medium-term priority. Tobias Adrian, the Financial Counselor and Director of IMF’s Monetary and Capit...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin mining profitability is subject to a number of things and recently these factors have been affecting mining profitability, hence putting it under pressure. The amount of money miners are making from carrying out their activities are low, cont...
Bitcoin News / Bitcoinist - 2 years ago
Robinhood announced Tuesday that it has agreed to acquire Ziglu, a fintech startup based in London that enables users to trade bitcoin and a variety of other cryptocurrencies. Robinhood’s stock increased nearly 6% Tuesday following the announce...
Bitcoin News / Bitcoinist - 2 years ago
Australia isn’t stepping on the brakes this time as it took a huge step of enlisting their first ever ETF to invest in Bitcoin and Ethereum. And it’s going live on April 27. 21Shares and ETF Securities have recently teamed up to launch two funds that...
Bitcoin News / Bitcoinist - 2 years ago
As it turns out, the “60 Minutes” report on Bitcoin Beach that we recently covered had a hidden segment. The title is “The tech behind the Bitcoin Beach Wallet,” and the “60 Minutes” website describes it as “A small town in El Salvador is fostering a...
Bitcoin News / Bitcoinist - 2 years ago
It’s time to close our Bitcoin 2022 coverage with the most fun people of all, the general public. How did they experience bitcoin’s biggest event of the year? What insights did they get? What panels do they recommend? This article is going to be jam-...
Bitcoin News / Bitcoinist - 2 years ago
While the country of Ukraine hasn’t yet received approval for its long-held dream to join the European Union just yet, QMALL, the country’s best-known crypto exchange, was recently given the all-clear by EU regulators to trade within the EU and the w...
Bitcoin News / Bitcoinist - 2 years ago
Is crypto already putting down CBDCs? The European Central Bank (ECB) has been researching and discussing a CBDC project called the Digital Euro for a while. They launched a public consultation to understand common needs & expectations for a Digi...
Bitcoin News / Bitcoinist - 2 years ago
While the Decentralized Finance or DeFi space, as colloquially called, has experienced a massive surge in interest and valuation, thanks to the influx of multiple projects, a few problems still plague this billion-dollar market. These sticking points...
Bitcoin News / Bitcoinist - 2 years ago
Tokenization is the process of creating digital versions of physical assets, and it’s tipped to be the next big wave of crypto. Tokenization is changing the way we think about and purchase assets – and it’s making its way into a wide range of industr...
Bitcoin News / Bitcoinist - 2 years ago
The Ethereum Foundation has been around for a while and is in charge of funds that get distributed to projects on the Ethereum network. In its treasury, there is a large amount of ETH among other crypto investments that help to fund projects. Recentl...
Bitcoin News / Bitcoinist - 2 years ago
The crypto and legacy markets are increasing their correlation levels. The new asset class has been trading like a big tech stock for a while as the global markets seem to brace for the beginning of a tightening cycle. Related Reading | $240 Million...
Bitcoin News / Bitcoinist - 2 years ago
In a crackdown against illicit transactions of digital assets linked to cybercrimes, the U.S. Secret Service has seized more than $102 million worth of digital assets, reported CNBC. Per the stats provided by the security agency, the seized crypto we...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin mining hashrate seems to have hit a plateau since the beginning of March, after observing a steady rise for many months. Bitcoin Mining Hashrate Has Mostly Moved Sideways In The Past Month According to the latest weekly report...
