Bitcoin News / Bitcoinist - 6 months ago
Stuart Alderoty, the Chief Legal Officer (CLO) of prominent blockchain company Ripple, has criticized the US over its inaction in the establishment of clear crypto regulations. This development underlines the continuous calls for the economic superpo...
Bitcoin News / Bitcoinist - 6 months ago
An official at the Central Bank of Nigeria (CBN) has stated that Binance operated illegally in multiple ways in the West African nation. This development comes amidst the ongoing legal trial of the prominent crypto exchange in Nigeria. Binance Viol...
Bitcoin News / Bitcoinist - 6 months ago
Venture capital (VC) firm, Multicoin Capital, has recently announced its commitment to support pro-crypto Republican lawmakers with a substantial donation of up to $1 million worth of Solana (SOL) tokens. The firm aims to bolster the presence of cry...
Bitcoin News / Bitcoinist - 6 months ago
Bitcoin remains under immense liquidation pressure at press time. After two days of lower lows, not only did bears reject $63,000 but cratered below May 2024 lows today. BTC Drop Purging Speculators, Markets Shifting To Spot Trading Amid the fear gri...
Bitcoin News / Bitcoinist - 6 months ago
As the US presidential election approaches, crypto traders and analysts are speculating that a victory for Donald Trump in November could significantly boost the Bitcoin price to new heights, according to a report by the Financial Times. Despite exp...
Bitcoin News / Bitcoinist - 6 months ago
As Bitcoin dips below the $55,000 mark, the implications for cryptocurrency mining are quite significant, raising concerns across the industry. Particularly, the recent drop in Bitcoin’s value has pushed the operational viability of many mining...
Bitcoin News / Bitcoinist - 6 months ago
The Mt. Gox bankruptcy saga seems to end as the long-awaited repayment process finally begins. On July 5, Mt. Gox, some creditors started receiving Bitcoin (BTC) and Bitcoin Cash (BCH) in their accounts. Some crypto investors worry about the impact i...
Bitcoin News / Bitcoinist - 6 months ago
On-chain data shows the Bitcoin whales took part in significant net distribution in the past month, potentially feeding into BTC’s bearish momentum. Bitcoin Whales Have Been Selling Amid Bearish Market As pointed out by analyst Ali in a new pos...
Bitcoin News / Bitcoinist - 6 months ago
In a scathing critique of the recent Bitcoin management strategy of the German government, Joana Cotar, a member of parliament has openly expressed her disapproval of the plan to sell off its BTC holdings during a volatile time in the market. Cotar,...
Bitcoin News / Bitcoinist - 6 months ago
Former Goldman Sachs analyst, Murad Mahmudov has unexpectedly criticized two prominent cryptocurrencies, Cardano (ADA) and XRP. The analyst has labeled both altcoins as cult meme coins, sparking heated debate within the crypto community. Analyst Cla...
Bitcoin News / Bitcoinist - 6 months ago
Shytoshi Kusama, the enigmatic lead developer of the Shiba Inu cryptocurrency project, made his first public appearance today at the Infinity Venture Summit (IVS) 2024 held in Kyoto. The venue, abuzz with Web3 enthusiasts and developers, served as th...
Bitcoin News / Bitcoinist - 6 months ago
The once-frigid market for NFTs has thawed in a surprising turn of events, defying the recent slump in Bitcoin prices. Data from DappRadar reveals a robust Q2 2024, with a 28% increase in NFT sales compared to the previous quarter, reaching levels la...
Bitcoin News / Bitcoinist - 6 months ago
The Shiba Inu team has announced their first-ever meet and greet, offering the Shibarmy a rare opportunity to connect with key members of the Shiba Inu development and promotion team. The community is filled with excitement and anticipation for the u...
Bitcoin News / Bitcoinist - 6 months ago
On-chain data shows the Bitcoin diamond hands holding since more than five years ago have continued to be stalwart despite the latest crash. Over 30% Of The Entire Bitcoin Supply Hasn’t Moved In 5 Years Or More In a new post on X, the market in...
Bitcoin News / Bitcoinist - 6 months ago
Russia’s pivot towards stablecoins comes against the backdrop of its chairmanship of the BRICS group (Brazil, Russia, India, China, and South Africa). The BRICS nations have previously discussed the creation of a digital currency-based payment...
Bitcoin News / Bitcoinist - 6 months ago
Jamie Coutts, the chief crypto analyst at crypto firm Real Vision, recently ranked layer-1 networks using their network growth. Interestingly, the networks that topped the list aren’t the usual names that crypto community members might be accustomed...
Bitcoin News / Bitcoinist - 6 months ago
The Mt. Gox Rehabilitation Trustee, Nobuaki Kobayashi, announced today that the long-awaited repayments in Bitcoin (BTC) and Bitcoin Cash (BCH) to creditors of the defunct crypto exchange Mt. Gox has officially commenced. This marks a significant mil...
Bitcoin News / Bitcoinist - 6 months ago
Stablecoins continue to witness notable adoption as the world’s largest country Russia is investigating the use of stablecoins for international payments in light of the growing financial strain imposed on it by international sanctions and econ...
Bitcoin News / Bitcoinist - 6 months ago
Hamster Kombat, a crypto game launched on the Telegram platform, has garnered an astounding 239 million users within a mere 81 days. Pavel Durov, the visionary CEO of Telegram, has heralded the game as a transformative force in digital services, sign...
Bitcoin News / Bitcoinist - 6 months ago
New Zealand’s tax authorities announced that over 200,000 citizens had not declared their crypto income in their tax returns. The watchdog issued a reminder that virtual assets are taxable and revealed it will take stronger measures to track those no...
Bitcoin News / Bitcoinist - 6 months ago
In a recent incident, Bittensor, a prominent AI-focused project, was forced to suspend its network operations following a series of wallet hacks, resulting in a loss of at least $8 million worth of TAO, Bittensor’s native token. This incident...
Bitcoin News / Bitcoinist - 6 months ago
According to a recent report, South Korea has taken a significant stride towards “enhancing the security and “integrity” of its cryptocurrency market. On July 4, the nation’s financial watchdog, the Financial Supervisory Servi...
Bitcoin News / Bitcoinist - 6 months ago
In striking agreement with the changing opinions of former President Donald Trump toward cryptocurrencies, Congressman and Arkansas Digital Asset Subcommittee chairman French Hill of the United States has firmly supported the FIT21 bill as the kind o...
Bitcoin News / Bitcoinist - 6 months ago
Data shows the Bitcoin futures-to-spot trading volume ratio has decreased by 63% since the peak of the last bull market. Here’s what it means. Bitcoin Futures Market Occupying Lower Volume Share This Rally As explained by CryptoQuant founder an...
Bitcoin News / Bitcoinist - 6 months ago
As Bitcoin, the flagship cryptocurrency asset continues to garner support from leading figures in the industry, Chris Wood, the Chief strategist at Jefferies in a daring statement that might change people’s perceptions of digital currencies has...
