Bitcoin News / Bitcoinist - 2 years ago
There has been discussion about forking Solana, a blockchain platform that provides greater scalability in its fourth generation. However, an important developer has disclosed that the Solana Foundation and other programmers are not enthusiastic abou...
Bitcoin News / Bitcoinist - 2 years ago
US Treasury official, Graham Steele, emphasizes the advantages of a retail CBDC backed by the Federal Reserve, providing safety during bank runs and stabilizing private sector lending.
Striking The Anonymity Balance
During a recent Texas payments con...
Bitcoin News / Bitcoinist - 2 years ago
Binance.US and the Securities and Exchange Commission (SEC) seek common ground to avoid a complete asset freeze on the cryptocurrency trading platform.
The SEC had sought an asset freeze for Binance.US, a trading platform owned by Binance Holdings f...
Bitcoin News / Bitcoinist - 2 years ago
Data shows Tether (USDT) has recently observed growth in its dominance, while USD Coin (USDC) and others have lost market share.
USDT Dominance Has Grown To A Value Of 67.6% Now
According to data from the on-chain analytics firm Glassnode, the relati...
Bitcoin News / Bitcoinist - 2 years ago
Despite the first pause in a historic series of interest rate hikes by the US Federal Reserve, Bitcoin price appears unaffected, maintaining a steady price range between $25,000 and $28,000.
Amid the market digesting the Fed’s interest rate de...
Bitcoin News / Bitcoinist - 2 years ago
In a recent development, US District Judge Amy Berman Jackson has rejected the Securities and Exchange Commission’s (SEC) request to freeze the assets of Binance.US, the American arm of the cryptocurrency trading platform Binance. The court has...
Bitcoin News / Bitcoinist - 2 years ago
Over the last week, the XRP community was abuzz with the expectation that the Hinman documents were finally going to be released. The fight to release these documents had waxed on for a long between Ripple and the United States Securities and Exchang...
Bitcoin News / Bitcoinist - 2 years ago
On June 15, clients of the United States division of the bankrupt cryptocurrency exchange Bittrex will be able to withdraw their assets, following a court ruling by a Delaware bankruptcy court.
The exchange had declared bankruptcy in May, but the Un...
Bitcoin News / Bitcoinist - 2 years ago
The crypto industry is rapidly expanding and gradually creeping into crypto payment systems as more businesses adopt cryptocurrencies as a payment option. In the latest development, French fast food chain Black & White Burger’s Belgian franchise...
Bitcoin News / Bitcoinist - 2 years ago
According to CoinDesk’s report, the Cyprus Securities and Exchange Commission (CSEC) received a petition to deregister Binance’s subsidiary in the country. If approved, the crypto company will no longer operate as a service provider in the country....
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the Bitcoin supply on exchanges has fallen to a value of just 6.4%, which is the lowest level in more than five years.
Bitcoin Supply On Exchanges Has Continued Its Downtrend Recently
According to data from the on-chain analytics...
Bitcoin News / Bitcoinist - 2 years ago
China in recent years has taken a firm stance against cryptocurrencies, imposing stringent regulations and bans to mitigate potential risks associated with the decentralized nature of these digital assets.
However, the tides may be turning as Hong K...
Bitcoin News / Bitcoinist - 2 years ago
Despite its ongoing legal imbroglio with the United States Securities and Exchange Commission (SEC), blockchain payments firm Ripple continues to expand its operations in Europe and Asia. Speaking at the Money 20/20 event in Amsterdam, Ripple’s manag...
Bitcoin News / Bitcoinist - 2 years ago
Multi-asset investment company eToro has recently made headlines with the issuance of new guidelines that have barred its US customers from purchasing four specific cryptocurrency assets.
These assets were recently categorized as securities by the U...
Bitcoin News / Bitcoinist - 2 years ago
The release of the Hinman documents in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) caused a massive stir in the XRP and crypto community yesterday. The emails revealed that Bill Hinman, the former head of...
Bitcoin News / Bitcoinist - 2 years ago
The last 24 hours have been highly significant for the American crypto industry, as Bitcoinist previewed. And the outcome couldn’t have been much better for the industry, with the US Securities and Exchange Commission (SEC) taking some beating....
Bitcoin News / Bitcoinist - 2 years ago
The crypto Twitter sentiment echo chamber’s best bearish argument currently is the fact that Bitcoin isn’t immediately following the Nasdaq and the rest of the stock market ripping higher.
However, when zooming out, the long-term correlation remains...
Bitcoin News / Bitcoinist - 2 years ago
Polygon, an Ethereum sidechain, has announced plans to build Polygon 2.0, a network based on zero-knowledge-powered layer-2 solutions, per an update on June 12. While this platform could boost liquidity, it hasn’t helped MATIC prices. The coin...
Bitcoin News / Bitcoinist - 2 years ago
Five years after Bill Hinman delivered his speech on cryptocurrencies, Chief Legal Officer (CLO) at Ripple, Stuart Alderoty, has called for an investigation into the former Securities and Exchange Commission (SEC) official’s actions.
The call...
Bitcoin News / Bitcoinist - 2 years ago
ApeCoin DAO, the Web3 organization associated with ApeCoin, has recently faced backlash due to concerns over its high payouts and perceived lack of community engagement.
Critics have raised objections to the substantial salaries and fees, reportedly...
Bitcoin News / Bitcoinist - 2 years ago
Cardano has observed some rise since hitting a low around the $0.23 level following the FTX collapse. However, here’s what on-chain data say about whether that was the bottom or not.
Three Cardano Indicators Shot Up During Local Bottom Formatio...
Bitcoin News / Bitcoinist - 2 years ago
A Shiba Inu whale has recently taken advantage of a recent dip in cryptocurrency prices to accumulate over 1.5 trillion tokens of the meme-inspired cryptocurrency.
According to a Twitter post from @lookonchain and verified by data from Etherscan, SHI...
Bitcoin News / Bitcoinist - 2 years ago
Decentralized lending platform Sturdy Finance has declared a $100,000 bounty for the hacker who stole 442 ETH from the protocol. The lending protocol promised to let the matter slide if the hacker agreed to return the stolen funds and take the bounty...
Bitcoin News / Bitcoinist - 2 years ago
Robinhood, a crypto and stocks trading platform, has not escaped the biting crypto winter that has been ravaging the space. In a new announcement, the company has revealed a significant decline in its trading volumes as regulatory pressure mounts on...
Bitcoin News / Bitcoinist - 2 years ago
A United States court in Delaware just dismissed a year-long case between Galaxy Digital, a crypto investment company, and BitGo, a digital asset custody and security company. BitGo filed claims against the crypto investment firm last year over a sup...