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...
Bitcoin News / Bitcoinist - 4 months ago
On-chain data shows the Litecoin active addresses have reached a new all-time high recently. Here’s what this could mean for the asset’s price.
Litecoin Active Addresses Recently Set New All-Time High Of 1.4 Million
According to data from...
Bitcoin News / Bitcoinist - 4 months ago
The XRP community has something to cheer about as one of the oldest and most prominent crypto storage platforms recently added support for the token. This continues a wave of acceptance for XRP following Judge Analisa Torres’ ruling.
Blockchain.com...
Bitcoin News / Bitcoinist - 4 months ago
This year, the emerging sector of gaming within the blockchain, popularly known as GameFi, has faced a significant downturn, primarily attributed to a noticeable dearth of interest and traction among enthusiasts. Reports indicate that the initial ent...
Bitcoin News / Bitcoinist - 4 months ago
Mark Yusko, the Chief Executive Officer (CEO) of Morgan Creek Capital Management has shared his optimism on Bitcoin (BTC), amid the recent rally encompassing the entire cryptocurrency market.
Morgan Creek Capital CEO’s Optimism On Bitcoin
Mark...
Bitcoin News / Bitcoinist - 4 months ago
In a significant development for the institutional adoption of digital assets, M&G Investments, the asset management arm of pensions giant M&G Plc, has invested $20 million in a UK-based crypto derivatives trading platform.
The move represen...
Bitcoin News / Bitcoinist - 4 months ago
In a recent analysis of Compound Finance’s token distribution, Bubble Maps, a blockchain analytic platform on December 11, reveals that a16z, a crypto-focused venture capital firm, holds 11% of COMP’s total supply.
Bubble Maps notes that...
Bitcoin News / Bitcoinist - 4 months ago
Bitcoin has plunged below $42,000 as on-chain data shows the miners have continued their recent selloff, distributing another 1,000 BTC.
Bitcoin Miners Continue To Make Outflows From Their Reserve
As pointed out by analyst Ali in a post on X, miners...
Bitcoin News / Bitcoinist - 4 months ago
To bolster investor protection and promote transparency, South Korea’s Financial Services Commission (FSC) has issued a notice requiring crypto investors to receive interest on their deposits when utilizing exchanges.
The FSC plans to release...
Bitcoin News / Bitcoinist - 4 months ago
The Shiba Inu holder’s profitability has been on a steady climb since the price rally began last month. This steady climb has resulted in one of the highest holder profitability levels seen in the last year and a new 10-month high for the crypt...
Bitcoin News / Bitcoinist - 4 months ago
Billionaire and SpaceX CEO Elon Musk announced his very own artificial intelligence (AI) chatbot and it seems he did not hesitate to somehow integrate his favorite cryptocurrency, Dogecoin, into it. As Grok’s popularity has grown, X (formerly Twitter...
Bitcoin News / Bitcoinist - 4 months ago
In a recent report by the Australian Financial Review, it has been revealed that Animoca Brands, a blockchain-based gaming business formerly listed on the Australian Securities Exchange (ASX), is among several cryptocurrency companies being targeted...
Bitcoin News / Bitcoinist - 4 months ago
Big-shot crypto player Mike Novogratz of Galaxy Digital just did a U-turn. He used to be skeptical about Ripple and XRP, but guess what? He’s owning up to it now and saying, “I was wrong.” Talk about a plot twist in the crypto world...
Bitcoin News / Bitcoinist - 4 months ago
Samson Mow, the CEO of Jan3 and a recognized investor in Bitcoin, has recently expressed a confident outlook on the future of the cryptocurrency, suggesting that a significant victory for its supporters is “imminent.”
In a recent tweet, t...
Bitcoin News / Bitcoinist - 4 months ago
Cardano’s growth in the past two months has rolled over into the first 10 days of December. At the time of writing, Cardano is up by 48% since the beginning of the month. While the price has been on a steady increase, Cardano’s ecosystem...
Bitcoin News / Bitcoinist - 4 months ago
Data shows over $333 million cryptocurrency futures shorts have found liquidation in the past day after Bitcoin registered a plunge towards $42,000.
Cryptocurrency Market Sees Long Squeeze Following Bitcoin Plunge
Bitcoin and the cryptocurrency secto...
Bitcoin News / Bitcoinist - 4 months ago
In the modern financial landscape, leveraging technology to gain an analytical edge has become essential for traders to keep pace with markets growing ever more efficiently.
Hedge funds and prop trading firms invest heavily in high-frequency infrast...
Bitcoin News / Bitcoinist - 4 months ago
There is evidence to suggest that users may be losing faith in the crypto exchange HTX (formerly Houbi). This comes on the back of significant security breaches that the exchange has experienced in recent times.
HTX Sees More Outflows Than Inflows
D...
Bitcoin News / Bitcoinist - 4 months ago
Technology behemoth Google has modified its policy about cryptocurrency-related advertising to permit adverts concerning crypto trusts starting at the end of January, the month in which it is anticipated that spot Bitcoin exchange-traded funds (ETFs)...
Bitcoin News / Bitcoinist - 4 months ago
Charles Hoskinson, the founder and creator of Cardano has recently caused quite a frenzy in the cryptocurrency community when he unwittingly promoted a meme coin crypto project known as Freya through social media.
Significance Of The Cardano Founder&...
Bitcoin News / Bitcoinist - 4 months ago
Pro-XRP legal expert John Deaton has once again come to the defense of Ripple in its ongoing legal battle with the Securities and Exchange Commission (SEC). This time around, he has blasted the former SEC Chair Jay Clayton for making misrepresentatio...