Bitcoin News / Bitcoinist - 4 months ago
In the current bull run, a curious trend has emerged: layer-1 coins like Solana (SOL), Avalanche (AVAX), and Cardano (ADA) are outperforming layer-2 tokens like Arbitrum (ARB) and decentralized finance (DeFi) assets like Uniswap (UNI) and MakerDAO (M...
Bitcoin News / Bitcoinist - 4 months ago
According to an International Business Times report, Montenegro’s Supreme Court decided to extend the detention of TerraForm Labs founder and CEO Do Kwon until February 2024, following extradition requests from the United States and South Korea...
Bitcoin News / Bitcoinist - 4 months ago
Dogecoin is still following the same trajectory as the broader crypto market which is being led by Bitcoin. On its own, Dogecoin has also seen some significant negative headwinds as large sell-offs sent its price spiraling down by another 8%. However...
Bitcoin News / Bitcoinist - 4 months ago
The potential of XRP to be a top performer in the next bull run has been one that has been widely discussed in the crypto space. The token’s growth which was stunted in the 2020-2021 bull run due to Ripple’s fight with the United States Securities an...
Bitcoin News / Bitcoinist - 4 months ago
In the ongoing clash between regulatory bodies over the classification and regulation of the crypto industry, CFTC Chair Rostin Behnam has added fuel to the fire by stating that most crypto assets are commodities under existing laws.
However, Behnam...
Bitcoin News / Bitcoinist - 4 months ago
Pro-XRP legal John Deaton recently voiced his concerns about someone he revealed as the biggest threat to crypto in the US. This time around, it wasn’t Gary Gensler he was referring to, as he noted that the SEC Chair answers to this person.
Warren T...
Bitcoin News / Bitcoinist - 4 months ago
In a recent development, co-founder of Three Arrows Capital (3AC), Su Zhu, faced questioning in a Singapore court regarding the collapse of the crypto fund. This marks a crucial opportunity for liquidators to gather vital information as they strive t...
Bitcoin News / Bitcoinist - 4 months ago
On-chain data shows the Shiba Inu whales have been withdrawing from exchanges recently. Here’s what this could mean for SHIB’s price.
Shiba Inu Supply On Exchanges Has Plunged Recently
As pointed out by an analyst in a post on X, the Shib...
Bitcoin News / Bitcoinist - 4 months ago
Stanford Law Professor David Mills, who put together FTX’s Sam Bankman-Fried (SBF) defense, recently gave his candid opinion on the case. He suggested that the outcome of the case was already obvious even before the trial began. Mills also gave an in...
Bitcoin News / Bitcoinist - 4 months ago
Top Bloomberg’s ETF analyst James Seyffart has voiced his concern amid ongoing speculation regarding a massive capital inflow if a Spot Bitcoin Exchange-traded fund (ETF) is approved.
Bloomberg Analyst On Bitcoin Spot ETF Inflow
There is increa...
Bitcoin News / Bitcoinist - 4 months ago
Donald Trump has added a twist to his most recent NFT sales pitch and discovered a new method to profit on his controversial mugshot.
The former US president has released a new deck of digital trading cards that will allow admirers to purchase a piec...
Bitcoin News / Bitcoinist - 4 months ago
In a recent development, BlackRock and three other issuers met with the Securities and Exchange Commission (SEC) Divisions responsible for approving these Spot Bitcoin ETFs. This has ignited further optimism regarding these funds being approved in Ja...
Bitcoin News / Bitcoinist - 4 months ago
The US Secret Service revealed a seizure of around $500,000 in digital currency connected to a Southeast Asian investment scam, as part of the United States’ intensified efforts against crypto investment fraud.
The assets were confiscated from...
Bitcoin News / Bitcoinist - 4 months ago
With a potential range forming, Bitcoin is barely maintaining its position above $40,000, contributing to the uncertainty in the crypto markets despite the confidence of the so-called boomers.
This unease has been fueled by the recent US Consumer Pri...
Bitcoin News / Bitcoinist - 4 months ago
Earlier today, on December 12, Luigi D’Onorio DeMeo, the Head of Decentralized Finance (DeFi) at Avalanche, revealed that Mirai Labs, the studio behind Pegaxy, a PvP horse racing game, has migrated from Polygon, an Ethereum sidechain, to its Av...
Bitcoin News / Bitcoinist - 4 months ago
In a significant development, KuCoin, one of the leading cryptocurrency exchanges, has settled for $22 million and agreed to cease trading activities in New York to resolve a lawsuit brought against it by the state.
New York Investors To Receive $16...
Bitcoin News / Bitcoinist - 4 months ago
On-chain data shows the Bitcoin whales have grown in number while the rest of the market has been panicking about the latest plunge in the asset.
Bitcoin Investors With More Than 1,000 BTC Have Grown In Number Recently
As pointed out by an analyst in...
Bitcoin News / Bitcoinist - 4 months ago
Bitcoin has taken center stage in a concerning development involving video game developer Insomniac Games, recognized for its highly acclaimed Marvel’s Spider-Man series.
Reports indicate that Insomniac Games has fallen victim to a hacking inc...
Bitcoin News / Bitcoinist - 4 months ago
Dogecoin is still gaining traction among retail investors despite not rallying as hard as some other altcoins in the crypto market. These retail investors have been placing large buy orders on the open market which has managed to drown out the sell p...
Bitcoin News / Bitcoinist - 4 months ago
Shiba Inu Lead Developer, Shytoshi Kusama has made a mysterious announcement, promising SHIB community members exciting news that could take the meme-based token to a new innovative direction.
Shiba Inu Lead Dev Teases Radical Developments
In a cryp...
Bitcoin News / Bitcoinist - 4 months ago
El Salvador, a nation already distinguished for embracing Bitcoin, has achieved another milestone in the crypto realm. The nation’s Volcano Bond, integral to its plan to establish the world’s first Bitcoin city, has received regulatory ap...
Bitcoin News / Bitcoinist - 4 months ago
Polygon (MATIC) has been on the lower performance end when compared to other cryptocurrencies in the space. However, this muted performance could be a precursor to a bullish momentum outside of the general market recovery, something that has become a...
Bitcoin News / Bitcoinist - 4 months ago
In a move that has ignited fierce debate in the crypto community, Senator Elizabeth Warren, known for her firm stance against cryptocurrencies and Bitcoin (BTC), has introduced the Digital Asset Anti-Money Laundering Act.
The bipartisan bill, which...
Bitcoin News / Bitcoinist - 4 months ago
FTX has challenged the IRS on its $24 billion tax bill claims, arguing that the agency’s “unexplained” tax debt would heavily affect its customer fund recovery efforts, potentially diverting funds away from FTX victims.
FTX Lawyers Alarm Over IRS Im...
Bitcoin News / Bitcoinist - 4 months ago
Jimmy Wales, one of the co-founders of Wikipedia, has been very clear in his opposition of Bitcoin. He recently posted a critical analysis of the crypto on social media platform “X”, highlighting the significant differences between the cr...