Bitcoin News / Bitcoinist - 8 months ago
In an interesting turn of events, Bitfinex chief technology officer (CTO) Paolo Ardoino has dismissed rumors of the exchange being involved in a large-scale data breach. This came in response to claims of a significant security breach by the hacking...
Bitcoin News / Bitcoinist - 8 months ago
In a rather shocking development, Grayscale Bitcoin Trust (GBTC) has recorded its first-ever inflow after witnessing significant daily outflows since its launch.
Grayscale Bitcoin ETF Records Over $60 Million In Inflows
Grayscale’s Spot Bitcoin ETF...
Bitcoin News / Bitcoinist - 8 months ago
Shiba Inu has scored another major listing as PayPal users within the United States can now buy the dog-themed cryptocurrency through MoonPay, opening up new avenues for adoption and potentially fueling a price increase.
PayPal Teams Up With MoonPay...
Bitcoin News / Bitcoinist - 8 months ago
The foremost meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB) have recorded significant price gains in the last 24 hours. This upward trend is due to several metrics that signal a bullish outlook for the respective meme coins.
Dogecoin Sees Increas...
Bitcoin News / Bitcoinist - 8 months ago
On Wednesday, ETH, the native coin of the Ethereum blockchain experienced a significant rejection at the resistance level of $2,871. Since this rejection, the price of Ethereum has gained a significant upward movement of over 9% and showing signs of...
Bitcoin News / Bitcoinist - 8 months ago
Friend.tech, a social media platform built on the Ethereum blockchain, aimed to celebrate the launch of its version 2 protocol with an airdrop of its native token, FRIEND. However, the well-intentioned initiative turned into a cautionary tale, with t...
Bitcoin News / Bitcoinist - 8 months ago
In a concerning turn of events, an anonymous crypto trader has lost approximately $71 million worth of assets in an address poisoning scam. This incident has roused much tension in the crypto ecosystem, underlining the need for improved safety measur...
Bitcoin News / Bitcoinist - 8 months ago
The past few weeks have been a rollercoaster ride for Bitcoin investors. Fears of inflation and geopolitical tensions sent shockwaves through the cryptocurrency market, dragging Bitcoin and its altcoin brethren down to depths not seen since early 202...
Bitcoin News / Bitcoinist - 8 months ago
The US Securities and Exchange Commission (SEC) has extended its review period on the launch of crypto asset management company 7RCC’s Bitcoin spot ETF (exchange-traded fund).
SEC Extends Deadline For 7RCC’s Bitcoin Spot ETF
In a notice published on...
Bitcoin News / Bitcoinist - 8 months ago
About two weeks ago, the crypto space faced another alleged rug pull. This time, the gambling platform and blockchain casino ZKasino was at the center of the accusations, with many investors claiming their money was gone.
Despite the allegations, ZKa...
Bitcoin News / Bitcoinist - 8 months ago
The Dogecoin open interest has seen a massive crash in the last month, leading to concerns about the future prospects of the meme coin. It is now a long way from its March all-time highs and has returned to the low levels of early February.
Dogecoin...
Bitcoin News / Bitcoinist - 8 months ago
Bitcoin price action might be dicey, undergoing a major corrective phase. However, even as $60,000 looks slippery for upbeat bulls, some analysts are optimistic that the coin is ready for a strong leg up.
Going by past price action, analysts maintai...
Bitcoin News / Bitcoinist - 8 months ago
XRP has largely had a lackluster price movement in recent months, although it continues to show promise for real-world utility. Particularly, the price of XRP was recently rejected at $0.66 after a little surge which saw it falling back down as far a...
Bitcoin News / Bitcoinist - 8 months ago
On-chain data suggests the Bitcoin short-term holders haven’t been capitulating during the crash, a sign that a shift has occurred in the market.
Bitcoin Short-Term Holders Haven’t Been Doing Much Loss-Selling Recently
As pointed out by a...
Bitcoin News / Bitcoinist - 8 months ago
The recent actions of the US Department of Justice (DOJ) have ignited a fierce debate on the future of financial privacy.
The crackdown on Wasabi Wallet’s service has raised significant concerns among privacy advocates and crypto users alike, s...
Bitcoin News / Bitcoinist - 8 months ago
Shiba Inu marketing lead, Lucie has announced plans that would see ShibaSwap, a Decentralized Exchange (DEX) on the Ethereum blockchain expanding to a new chain. This new development could significantly transform the Shibarium ecosystem, potentially...
Bitcoin News / Bitcoinist - 8 months ago
According to a recent survey by Fidelity Digital Assets, institutional investors, including US pension plans, are increasingly inclined to invest in crypto assets, including Bitcoin.
The survey covered various institutional investor segments, includ...
Bitcoin News / Bitcoinist - 8 months ago
Ripple has filed a new court document supporting its motion to strike new evidence in its long-running legal battle against the Securities and Exchange Commission (SEC). The crypto firm filed the initial motion on April 22, seeking to strike Andrea F...
Bitcoin News / Bitcoinist - 8 months ago
The implosion of cryptocurrency giant FTX continues to cast a long shadow, with the latest twist involving a Bahamas mansion and a plea deal. Ryan Salame, the former co-CEO of FTX Digital Markets, a subsidiary of the now-bankrupt exchange, has agreed...
Bitcoin News / Bitcoinist - 8 months ago
London-based CF Benchmarks, a unit of crypto exchange Kraken, is positioning itself as a notable beneficiary of the surge in spot Bitcoin ETFs this year and shares an increasingly bullish outlook for the ETF market in Hong Kong and the US through 202...
Bitcoin News / Bitcoinist - 8 months ago
In the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), pro-XRP community lawyers have offered a pessimistic outlook for Ripple’s latest court motion. Attorney Jeremy Hogan, known for his vocal suppo...
Bitcoin News / Bitcoinist - 8 months ago
Following a successful first-day trade of Bitcoin Spot ETFs in Hong Kong, popular Bloomberg Intelligence expert Eric Balchunas has taken center stage to analyze the historical introduction of the products in the country.
Hong Kong’s Bitcoin Spo...
Bitcoin News / Bitcoinist - 8 months ago
The luster appears to have faded from Bitcoin’s crown. After a stellar run culminating in a record-breaking price in late March, the world’s leading cryptocurrency has experienced a sharp correction, plunging investor sentiment into the a...
Bitcoin News / Bitcoinist - 8 months ago
Jack Dorsey’s financial services and digital payments company, Block Inc., announced it will begin investing 10% of its monthly Bitcoin-related gross profits into BTC purchases. This announcement was made following the release of Block’s first-...