Bitcoin News / Bitcoinist - 4 months ago
Samson Mow, CEO at Jan3 and a staunch Bitcoin advocate, recently sparked a discussion among the crypto community, suggesting that Bitcoin’s journey to reaching a valuation of $1 million is still plausible.
Mow’s statement comes from views...
Bitcoin News / Bitcoinist - 4 months ago
In a notorious development that sent shockwaves through the cryptocurrency industry, Binance, the largest exchange in the world, and its former CEO Changpeng Zhao (CZ) settled with the US government. However, former SEC official John Reed Stark has e...
Bitcoin News / Bitcoinist - 4 months ago
Binance has found itself at the center of controversy once more after a stablecoin listing of the AEUR went terribly wrong. The listing of the Anchored Coins EUR (AEUR) has ended with what can only be described as a disaster that has left the exchang...
Bitcoin News / Bitcoinist - 4 months ago
On-chain data suggests the Bitcoin HODLers have remained stalwart recently, not selling despite the rally beyond the $44,000 level.
Bitcoin Long-Term Holders Have Ignored The Latest Rally
As Glassnode lead on-chain analyst Checkmate explained in a po...
Bitcoin News / Bitcoinist - 4 months ago
As the highly anticipated deadline for the approval of a Bitcoin (BTC) exchange-traded fund (ETF) looms, the crypto community on X (formerly Twitter) finds itself engaged in a debate regarding the classification of BTC as a security.
Despite regulat...
Bitcoin News / Bitcoinist - 4 months ago
The foremost meme coin, Dogecoin (DOGE), turns 10 today, with the crypto token first being introduced on December 6, 2013. Ten years on, what was first created as a “joke” has gone on to become one of the largest cryptocurrencies with a large communi...
Bitcoin News / Bitcoinist - 4 months ago
In 2020, before the COVID-19 pandemic wreaked havoc across global economies, one narrative pushed the Bitcoin price higher: its capacity to store value. Global inflation was about to accelerate then, and assets such as BTC emerged as a hedge against...
Bitcoin News / Bitcoinist - 4 months ago
Terraform Labs co-founder Kwon Do-hyung, commonly known as Do Kwon, has mounted a legal challenge against his extradition, as confirmed by the Montenegrin Court of Appeal on December 6. This appeal, first reported by Korean news outlet Digital Asset,...
Bitcoin News / Bitcoinist - 4 months ago
Former SEC Attorney John Reed Stark has made his reservations about cryptocurrencies known. The lawyer also suggested why the prices of these crypto tokens will come crashing down soon enough.
Why Crypto Will Come “Crashing Down”
In a post shared on...
Bitcoin News / Bitcoinist - 5 months ago
Bitcoin developer Luke Dashjr raised concerns today about an alleged vulnerability in the BTC Core software, drawing attention to an issue that could impact the blockchain’s integrity. In a post on X (formerly Twitter), Dashjr outlined how Insc...
Bitcoin News / Bitcoinist - 5 months ago
The Swiss city of Lugano has taken a big step into the financial future by implementing Bitcoin for use in city transactions. Announced on December 5, this innovative project enables the city to accept Tether and Bitcoin as payment for taxes.
This ac...
Bitcoin News / Bitcoinist - 5 months ago
Cryptocurrency analyst Captain Faibik has shed light on his predictions concerning the meme-inspired cryptocurrency Dogecoin (DOGE), suggesting that a massive price rally is imminent for the crypto asset.
The Crypto Analyst’s Projections For Do...
Bitcoin News / Bitcoinist - 5 months ago
The US Securities and Exchange Commission (SEC) is currently actively working with applicants of spot Bitcoin Exchange-Traded Funds (ETFs), guiding them through what appears to be the final stages of amendments before potential approval. This active...
Bitcoin News / Bitcoinist - 5 months ago
On December 4th, Bitcoin (BTC) witnessed an unexpected surge in its age-consumed metric, indicating a significant increase in previously inactive coins entering circulation.
This remarkable development, marked by a 400% surge in a 24-hour period, cou...
Bitcoin News / Bitcoinist - 5 months ago
Citing data from BitInfoCharts, @GRomePow took to X on December 4 to reveal that a mere 0.04% of Bitcoin (BTC) addresses control 62% of the circulating supply, which stands at over 19.5 million according to CoinMarketCap at press time.
0.04% Of Bitc...
Bitcoin News / Bitcoinist - 5 months ago
According to a recent Reuters report, a senior US regulator has suggested that the $4.3 billion settlement reached with Binance last month may represent a turning point in enforcement actions against cryptocurrency firms.
The settlement, which was a...
Bitcoin News / Bitcoinist - 5 months ago
Bitcoin (BTC) rallied over 10% in the past week, extending gains and reaching levels not seen since the Terra collapse in May 2022. This surge is attributed to increased institutional activity, particularly in the United States.
Average Bitcoin Trade...
Bitcoin News / Bitcoinist - 5 months ago
The European Commission (EC) is facing criticism from the crypto community over its proposed methodology to calculate and mitigate the “environmental” impact of Bitcoin.
Daniel Batten, co-founder of CH4 Capital, has expressed concerns th...
Bitcoin News / Bitcoinist - 5 months ago
Prominent figures in crypto, such as Hayden Adams, founder of Uniswap, and Ryan Sean Adams of Bankless Ventures, have recently shared insights highlighting Ethereum’s “intrinsic” value and the impact a spot Exchange-traded fund (ETF...
Bitcoin News / Bitcoinist - 5 months ago
According to a Reuters report, the cryptocurrency industry has witnessed a surge in lobbying spending as companies strive to repair their reputations and advocate for favorable legislation.
Despite facing regulatory scrutiny and high-profile scandal...
Bitcoin News / Bitcoinist - 5 months ago
The Shiba Inu community is on a rampage when it comes to burning SHIB tokens. After an incredibly successful burn campaign last week, the community is back to incinerating massive amounts of SHIB. This time around, the SHIB burn rate has seen perhaps...
Bitcoin News / Bitcoinist - 5 months ago
A popular crypto pundit has examined a forecast by XRP enthusiast, Edward Farina, who predicted the XRP price could reach $10,000 if the Ripple network replaces SWIFT and takes full control of the cross-border payments system.
Analyst Cautions XRP P...
Bitcoin News / Bitcoinist - 5 months ago
In a twist that signals a potential appeal, Sam Bankman-Fried, known as SBF, the embattled former CEO of FTX, has chosen not to file any post-trial motions. This decision revealed through a letter to Judge Lewis Kaplan on December 1st, marks a signif...
Bitcoin News / Bitcoinist - 5 months ago
On-chain data shows that Bitcoin short-term holders may have sold BTC worth almost $4.5 billion during the past four days.
Bitcoin Short-Term Holders Show Largest Profit-Taking Event Since Nov. 2021
As analyst James V. Straten explained in a post on...
Bitcoin News / Bitcoinist - 5 months ago
Bitcoin price is soaring at this very moment, now above $43,000 and potentially aiming much higher with a spot ETF approval almost a certainty.
While an all-time high in USD terms is still more than $20,000 away, the top cryptocurrency by market cap...