Bitcoin News / Bitcoinist - 2 months ago
Bitcoin is trading at September highs, retracing after breaking above $66,000 on October 14. Although the coin is trading lower at spot rates, the path of least resistance appears northwards, and the trend is shifting, aligning with gains of Q1 2024....
Bitcoin News / Bitcoinist - 2 months ago
Bitcoin is at a critical turning point after the Federal Reserve’s interest rate cut over three weeks ago.
The price is above the $65,000 mark, setting the stage for a potential push to new highs. Market sentiment is increasingly optimistic, w...
Bitcoin News / Bitcoinist - 2 months ago
Tether Holdings, the issuer of the world’s largest stablecoin, USDT, is reportedly exploring lending options for commodities trading companies as it seeks new ways to deploy this year’s profits amid the broader market recovery.
According...
Bitcoin News / Bitcoinist - 2 months ago
In the 2021 bull run, Dogecoin hitting an $80 billion market cap marked a new all-time high (ATH) for the foremost meme coin. This time would be different if the meme coin reached this market cap, as its price would still be below its current ATH of...
Bitcoin News / Bitcoinist - 2 months ago
Have crypto fraudsters infiltrated the local government in Asia? It seems the answer is yes as information linking a former Philippine mayor to a crypto scam group operating in Asia surfaced.
This is an indicator of the growing concern about crypto s...
Bitcoin News / Bitcoinist - 2 months ago
The eighth edition of Ripple’s Swell Conference commences today in Miami, Florida, gathering prominent figures in payments, financial services, blockchain, digital assets, regulation, and economic policy. The company announced via X: “Mar...
Bitcoin News / Bitcoinist - 2 months ago
The cryptocurrency space is beginning to heat up as Shiba Inu bulls are priming to take their positions in the market. However, this emerging Ethereum-based token, ETFSwap (ETFS), is capturing the attention of crypto enthusiasts with its prediction o...
Bitcoin News / Bitcoinist - 2 months ago
The Bitcoin price started this week on a high in what was an unprecedented move for many market participants. After spending the early days of October to disappoint investors, the Bitcoin price banged over $66,000 for the first time in many weeks.
I...
Bitcoin News / Bitcoinist - 2 months ago
The cryptocurrency market has been showing concerning signs of market activity for investors. Alarmingly, Shiba Inu (SHIB) and Ripple (XRP) have experienced downward price trajectories recently. In contrast, ETFSwap (ETFS) has caught the attention of...
Bitcoin News / Bitcoinist - 2 months ago
Given that the market has recently driven up the price of Bitcoin once again to the pivotal $65,000 level, traders and investors are currently seeing huge profits from their positions, especially holders of the crypto asset in the short term.
Short-T...
Bitcoin News / Bitcoinist - 2 months ago
Shiba Inu (SHIB) has witnessed a massive spike in its burn rate in the last 24 hours, providing a bullish outlook for the second-largest meme coin by market cap. This development is significant as the surge in the Shiba Inu burn rate could help spark...
Bitcoin News / Bitcoinist - 2 months ago
In a notable development for the cryptocurrency market, asset management firm Canary Capital has officially filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch the first spot Litecoin ETF in the country....
Bitcoin News / Bitcoinist - 2 months ago
Spot Bitcoin US exchange-traded funds (ETFs) are roaring today, recording the highest inflow in four months as a total sum of $556 million streamed into 12 funds. Coincidentally, by the time the inflow was received, Bitcoin was rebounding as it touch...
Bitcoin News / Bitcoinist - 2 months ago
Charles Hoskinson, the founder of Cardano, has revealed substantial progress in the development and research of new protocols. Via X, Hoskinson stated: “Ouroboros Peras is one of the best prototyped protocols we have—a literate Agda specificati...
Bitcoin News / Bitcoinist - 2 months ago
During BlackRock’s third-quarter earnings call, CEO Larry Fink articulated a strong endorsement of Bitcoin and digital assets. Fink’s commentary not only underscored Bitcoin as a standalone asset class but also paralleled its burgeoning s...
Bitcoin News / Bitcoinist - 2 months ago
The cryptocurrency market witnessed a significant influx of investments last week, as notable factors played a key role in shifting investor sentiment.
According to the latest report from CoinShares, digital asset investment products saw $407 million...
Bitcoin News / Bitcoinist - 2 months ago
According to a recent report by Jefferies, Bitcoin (BTC) mining profitability declined in September while the network hashrate continued to surge.
Bitcoin Mining Profitability On A Downtrend
In a report published on Sunday, investment bank Jefferies...
Bitcoin News / Bitcoinist - 2 months ago
Data shows the cryptocurrency derivatives sector has suffered a lot of liquidations as Bitcoin has rallied to the $66,000 mark.
Bitcoin Has Now Recovered To The $66,000 Level
The past day has been a great time for Bitcoin investors as the price has s...
Bitcoin News / Bitcoinist - 2 months ago
US Vice President Kamala Harris has pledged to support crypto regulation and digital assets in her new economic proposal, as various new media outlets reported on Monday. The bid comes after pro-crypto Republican candidate Donald Trump took the lead...
Bitcoin News / Bitcoinist - 2 months ago
Solana meme coins are rising in dominance, challenging those minted on Ethereum and even the first of them all, Dogecoin. While Dogecoin is the most valuable, it increasingly faces stiff competition from Pepe and Shiba Inu.
However, developers have...
Bitcoin News / Bitcoinist - 2 months ago
On 14 October, copycat cryptocurrencies named after SpaceX surged after the successful test launch of Elon Musk’s Starship. The coins that are not affiliated with Musk’s aerospace firm, SpaceX, garnered massive price spikes across the platform...
Bitcoin News / Bitcoinist - 2 months ago
According to a well-known Bitcoin (BTC) analyst, the ETFSwap (ETFS) tokens could see gains as high as 7,000% in the month of October, while the XRP price is expected to rise to $1. The Bitcoin (BTC) analyst’s predictions point to exciting times ahead...
Bitcoin News / Bitcoinist - 2 months ago
On-chain data shows the Bitcoin Illiquid Supply has shot up to a new all-time high (ATH) recently. Here’s what this could mean for the asset.
Around 74% Of The Circulating Bitcoin Supply Is Currently ‘Illiquid’
In a new post on X, a...
Bitcoin News / Bitcoinist - 2 months ago
The world’s largest meme coin, Dogecoin (DOGE) could see even more heated competition from its primary rival, Shiba Inu (SHIB). According to Shiba Inu’s lead marketer, Lucie, SHIB could potentially surpass Dogecoin, especially with Tesla Chief Execut...
Bitcoin News / Bitcoinist - 2 months ago
Samara Asset Group, a publicly listed German investment firm, has announced plans to raise up to €30 million ($32.8 million) through a senior secured Nordic bond issuance. The capital raise is aimed at expanding the company’s investment portfol...