Bitcoin News / Bitcoinist - 8 months ago
BlockFi, a centralized crypto lender, recently shut down its web platform and selected Coinbase as its distribution partner for customer fund withdrawals. The move comes as BlockFi aims to ensure a swift transition for eligible customers following th...
Bitcoin News / Bitcoinist - 8 months ago
The landscape of the United States’ cryptocurrency industry is embroiled in a fierce showdown between the Biden administration and industry stakeholders, with far-reaching implications for both the sector’s future and the nation’s p...
Bitcoin News / Bitcoinist - 8 months ago
A crypto analyst has predicted a mega-bullish rally for the XRP price, the native token of the XRP Ledger (XRPL). Using trend lines, a technical analysis tool used to identify the direction in which a cryptocurrency’s price is moving, the analyst has...
Bitcoin News / Bitcoinist - 8 months ago
Jack Dorsey, the former CEO of Twitter and a well-known figure in the tech and cryptocurrency sectors, recently shared his view that Bitcoin could reach $1 million by 2030. His prediction is part of a broader bullish outlook on the pioneer cryptocurr...
Bitcoin News / Bitcoinist - 8 months ago
The November US elections could become a major event for the crypto industry as the government’s crackdown on the sector has created an unclear and uncertain landscape for investors and businesses. As such, voters and crucial figures are taking presi...
Bitcoin News / Bitcoinist - 8 months ago
Dogecoin holders are accumulating DOGE tokens amidst the recent price dip from $0.1686 to $0.1423. DOGE recently went on a price surge to cross above the $0.168 price level on May 6 to push 5.21 million addresses into profitability. However, the cryp...
Bitcoin News / Bitcoinist - 8 months ago
According to a recent Bloomberg report, trading volume on major cryptocurrency exchanges experienced a significant decline in April, marking the first drop in seven months. This decline coincided with a retreat in the price of Bitcoin, which had pre...
Bitcoin News / Bitcoinist - 8 months ago
The Ethereum (ETH) market is buzzing with activity after a whale (an investor with significant holdings) made a splash by withdrawing a whopping $18 million worth of ETH from Binance, a leading cryptocurrency exchange. This move, meticulously tracke...
Bitcoin News / Bitcoinist - 8 months ago
With the US presidential elections fast-approaching, industries such as cryptocurrency have been drawn into the discussion as to what it could mean for their future. Cardano founder Charles Hoskinson has also shared his insights on the elections, par...
Bitcoin News / Bitcoinist - 8 months ago
Crypto exchange Kraken has intensified its fight against the US Securities and Exchange Commission (SEC) by formally submitting a reply in support of its motion to dismiss the agency’s lawsuit. The filing, dated May 9, 2024, challenges the SEC&...
Bitcoin News / Bitcoinist - 8 months ago
In a recent episode on the popular podcast ‘The Rich Dad Channel,’ Robert Kiyosaki, the author of the renowned book “Rich Dad Poor Dad,” advocated for crypto investments, specifically Ethereum and Bitcoin. The financial expert has shed light on the d...
Bitcoin News / Bitcoinist - 8 months ago
SBI VC Trade, a subsidiary of SBI Holdings, has commenced its role as a validator node on the XRP Ledger (XRPL). This move by SBI, a major player in Japan’s financial sector, underscores its commitment to playing a pivotal role in the governanc...
Bitcoin News / Bitcoinist - 8 months ago
Within the cryptocurrency investment space, there has been much debate and conjecture around the possibility of an Ethereum Spot Exchange-Traded Funds (ETFs). However, in light of ongoing regulatory obstacles, senior Bloomberg Intelligence analyst Er...
Bitcoin News / Bitcoinist - 8 months ago
Harvest Global Investments, a Chinese fund house and one of the issuers of Hong Kong’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs), has confirmed plans to potentially open these funds to mainland Chinese investors through the Hong Ko...
Bitcoin News / Bitcoinist - 8 months ago
Binance’s regulatory woes continue to mount as the world’s largest cryptocurrency exchange by trading volume has been fined C$6 million ($4.4 million) by Canada’s financial regulator, FINTRAC. The penalty was imposed due to Binance...
Bitcoin News / Bitcoinist - 8 months ago
The US House of Representatives has voted for a resolution to overturn the Securities and Exchange Commission (SEC)’s 2022 bulletin on crypto custodian accounting. US President Joe Biden released a statement opposing the resolution and revealing a po...
Bitcoin News / Bitcoinist - 8 months ago
One of the issuers of spot Bitcoin exchange-traded funds (ETFs) in the US, WisdomTree, has announced the expansion of its WisdomTree Prime app to users in New York. Expanded Custody And Stablecoin Services This development closely follows WisdomTre...
Bitcoin News / Bitcoinist - 8 months ago
Data shows that Bitcoin and Ethereum correlate little to traditional markets, implying that cryptocurrency is forging its destiny. Bitcoin & Ethereum Have Been The Master Of Their Fates Recently According to data from the market intelligence plat...
Bitcoin News / Bitcoinist - 8 months ago
Binance, one of the world’s largest cryptocurrency exchanges, has come under scrutiny after a Wall Street Journal report revealed that the platform fired its top investigators following their allegations of wash trading involving a top VIP clie...
Bitcoin News / Bitcoinist - 8 months ago
The Shiba Inu team has issued a crucial warning to its community, alerting them to the presence of fraudulent groups seeking to exploit the trust of SHIB community members for personal gain. This cautionary message from the team arrives as the crypto...
Bitcoin News / Bitcoinist - 8 months ago
May brings a series of pivotal events that could significantly influence the trajectory of Bitcoin and the broader crypto market. These events, ranging from regulatory decisions to economic indicators, appear capable of profoundly swaying market dyna...
Bitcoin News / Bitcoinist - 8 months ago
Asset manager VanEck has made an entry into the meme coin space with the launch of an index that will track the performance of the foremost meme coins. This is undoubtedly a signifcant development considering the wider adoption these tokens could enj...
Bitcoin News / Bitcoinist - 8 months ago
Researchers at CryptoQuant, a crypto analytics platform, are now disproving the idea that Ethereum is “ultra-sound money,” especially after activating the highly anticipated Dencun Upgrade in mid-March. Analysts observe that the hard for...
Bitcoin News / Bitcoinist - 8 months ago
Taiwan’s Ministry of Justice has proposed amendments to enhance anti-money laundering (AML) measures within the crypto industry. If enacted, the new proposals will mark a substantial shift from the current regime, in which digital currency firm...
Bitcoin News / Bitcoinist - 8 months ago
Ripple has run into problems once again with the United States Securities and Exchange Commission (SEC) following the announcement of its highly anticipated stablecoin. The stablecoin, which is to be pegged to the US dollar, is expected to give estab...
