Bitcoin News / Bitcoinist - 3 months ago
The much-anticipated rally for Bitcoin could be upon us as the largest crypto asset has formed an inverse head and shoulders pattern, a bullish technical indicator, signaling a potential breakout on the upside. Given the growing market optimism and i...
Bitcoin News / Bitcoinist - 3 months ago
The battle for supremacy among the top blockchains such as Bitcoin, Ethereum, and Cardano waxes strong, and this time around, Charles Hoskinson is the one taking shots. This comes after the highly anticipated Chang hard fork was completely, moving th...
Bitcoin News / Bitcoinist - 3 months ago
On Tuesday, Ethereum spot exchange-traded funds (ETFs) registered a significant positive performance for the first time in nearly two months. The crypto-based investment products have seen a sluggish performance throughout September and have failed t...
Bitcoin News / Bitcoinist - 3 months ago
Caroline Ellison, the former CEO of Alameda Research and key witness in the prosecution of her ex-partner Sam Bankman-Fried (SBF), was sentenced to two years in prison on Tuesday for her part in the FTX fraud. The sentencing took place on Tuesday in...
Bitcoin News / Bitcoinist - 3 months ago
China’s recent stimulus measures have sparked optimism in the global financial markets, and according to QCP Capital analysts, the effects may soon extend to the cryptocurrency space. While stock indices responded positively to China’s ec...
Bitcoin News / Bitcoinist - 3 months ago
Bitcoin (BTC) could benefit from the People’s Bank of China’s (PBOC) decision to cut the reserve requirement ratio (RRR) by 50 basis points (bps). China Injects Economic Stimulus, Will Bitcoin Benefit? In an announcement on September 24, 2024, the Ch...
Bitcoin News / Bitcoinist - 3 months ago
The XRP price is still trading around the $0.6 threshold, and investors are anticipating an eventual breakout in the coming weeks. In an interesting turn of outlook, an intriguing shift in perspective has recently emerged, sparked by a well-known cry...
Bitcoin News / Bitcoinist - 3 months ago
On Wednesday, PayPal announced that it is enabling US merchants to buy, hold and sell cryptocurrency directly from their business accounts. This new functionality aims to increase the utility of digital currencies and make it easier for users and mer...
Bitcoin News / Bitcoinist - 3 months ago
The fourth quarter (Q4) of every four-year cycle has always been historically bullish for Bitcoin (BTC). With Uptober just a week away, a crypto analyst has shared predictions on how high the price of Bitcoin could soar during this typically bullish...
Bitcoin News / Bitcoinist - 3 months ago
Bitcoin is climbing higher when writing, technically bullish but steadying below August highs. Even though there are pockets of strength and the general market sentiment is bullish, looking at the CoinMarketCap poll, buyers should do more. Selling Bi...
Bitcoin News / Bitcoinist - 3 months ago
Despite recent network hurdles, The TON (Telegram Open Network) blockchain has picked up its pace once again witnessing a significant surge in on-chain activity, triggering a rapid growth in the ecosystem. With the introduction of new projects on the...
Bitcoin News / Bitcoinist - 3 months ago
The cryptocurrency industry is changing day by day and one of the notable players making a splash is Rexas Finance (RXS). Lately, this fading platform in the cryptocurrency market has been in the spotlight due to a respectable increase of 25% in its...
Bitcoin News / Bitcoinist - 3 months ago
Amidst rising discussions within the general crypto community about Bitcoin’s next cycle top, a market expert has offered insights on the pressing subject and a potential timeline for the largest digital asset to experience a price peak in the...
Bitcoin News / Bitcoinist - 3 months ago
On-chain data suggests that the difficulty of Bitcoin mining is set to drop around 5% in the next network adjustment, a change that miners would appreciate. Bitcoin Network Block Time Has Been Slower Than Normal Recently The “Mining Difficulty&...
Bitcoin News / Bitcoinist - 3 months ago
As enthusiasm surrounding the introduction of spot Ethereum and Bitcoin ETFs in the United States continues to grow, Hong Kong has embarked on its journey to establish a spot ETF market for these digital assets. However, the performance of these exc...
Bitcoin News / Bitcoinist - 3 months ago
Amid the new legislation for crypto mining in Russia, local authorities have uncovered illegal crypto mining farms in the southern Republic of Dagestan. The regional prime minister urged law enforcement to increase their efforts to tackle unlawful mi...
Bitcoin News / Bitcoinist - 3 months ago
According to a report by Fortune, Sean “Diddy” Combs and the former CEO of the collapsed FTX crypto exchange, Sam Bankman-Fried, two once prominent figures in their respective fields, now share a dormitory at the Metropolitan Detention Ce...
Bitcoin News / Bitcoinist - 3 months ago
Bitwise Chief Investment Officer Matt Hougan has recently highlighted a growing trend of top financial advisors “allocating to cryptocurrency” in their portfolios. Speaking at the Barron’s Advisor 100 Summit in Palm Beach, Florida, Hougan...
Bitcoin News / Bitcoinist - 3 months ago
Dogecoin holders are working tirelessly to change the crypto’s trajectory after previous weeks of stagnation and disinteresting price action. Notably, on-chain data suggests that large holders of Dogecoin are working on extending a promising pr...
Bitcoin News / Bitcoinist - 3 months ago
Australia is taking considerable measures to regulate the cryptocurrency business, with the goal of improving consumer safety and reducing fraudulent activity. The Australian Securities and Investments Commission (ASIC) has revealed intentions to co...
Bitcoin News / Bitcoinist - 3 months ago
Bitcoin is firm, adding nearly 30% after sinking to as low as $49,000 in early August. As bulls strengthen and fundamental factors swing in favor of the world’s most valuable coin, prices remain below $65,000. Looking at the daily chart, this r...
Bitcoin News / Bitcoinist - 3 months ago
The latest weekly digital asset fund flows from CoinShares shed light on the ongoing dynamics among institutional investors when investing in altcoins such as XRP, Solana, and Cardano. Most of the inflow activity went into Bitcoin, but the report als...
Bitcoin News / Bitcoinist - 3 months ago
September has turned out to be positive for Bitcoin despite previous scenarios where BTC faced pessimistic performances in the month. With October only a few days away, many crypto experts believe the optimism historically seen in the month could tri...
Bitcoin News / Bitcoinist - 3 months ago
Bitcoin has experienced a significant 11% price surge since Tuesday, following the Federal Reserve’s announcement of a 50 bps interest rate cut. This news boosted investor confidence, pushing BTC past the $60,000 mark—an important psychological...
Bitcoin News / Bitcoinist - 3 months ago
Expectations for the crypto market and altcoins such as Shiba Inu have increased dramatically as the month of September is drawing to an end. Nevertheless, there is still a week left to go for the month to be over and this is ample time for notable d...
