Bitcoin News / Bitcoinist - 3 weeks ago
On Thursday, the Texas House of Representatives took a significant step toward integrating cryptocurrency into state financial strategy by introducing a bill aimed at establishing a strategic Bitcoin reserve.
Sponsored by Republican state Representa...
Bitcoin News / Bitcoinist - 3 weeks ago
On-chain data shows the Bitcoin Hashrate has been on the rise recently, an indication that the miners are expanding their mining farms.
Bitcoin Mining Hashrate Has Returned Close To Its All-Time High
The “Hashrate” refers to an indicator...
Bitcoin News / Bitcoinist - 3 weeks ago
As the market continues its massive rally, Ukrainian lawmakers are preparing to legalize crypto soon officially. Local reports revealed that the parliament is working on a draft law but is not considering tax exemptions for digital assets.
Ukraine P...
Bitcoin News / Bitcoinist - 3 weeks ago
The US Department of Justice has announced the sentencing of Michael Joseph McElhiney, a Spokane resident, to over three years in federal prison for operating a fraudulent crypto investment scheme. The fraud, which spanned over a year, defrauded mult...
Bitcoin News / Bitcoinist - 3 weeks ago
The Vancouver City Council approved a motion to explore integrating Bitcoin into its financial operations. The measure, introduced by Mayor Ken Sim and passed at the December 11, 2024 Standing Committee meeting, directs staff to investigate accepting...
Bitcoin News / Bitcoinist - 3 weeks ago
Bitcoin has experienced significant volatility in recent weeks, struggling to maintain its position above the $100,000 mark after breaching it last week. Despite the choppy price action, Bitcoin’s long-term outlook remains robust, with key metrics po...
Bitcoin News / Bitcoinist - 3 weeks ago
Earlier in November, Dogecoin experienced a rapid ascent to new price highs, driving its Relative Strength Index (RSI) into the overbought zone. However, a crypto analyst revealed that the popular meme coin has officially exited this overbought range...
Bitcoin News / Bitcoinist - 3 weeks ago
Following the recent waning price performance of Dogecoin, the largest meme coin in the past few days, speculations and uncertainties about DOGE’s potential to hit a new all-time high in the short term have emerged within the crypto community....
Bitcoin News / Bitcoinist - 3 weeks ago
As the cryptocurrency exchange FTX, once run by convicted founder Sam Bankman-Fried, continues its bankruptcy proceedings, significant developments have emerged regarding the recovery of funds for affected users.
A recent court filing reveals that d...
Bitcoin News / Bitcoinist - 3 weeks ago
The XRP price continues to exhibit a notable display of strength despite its corrective phase since it reached above $2.8 on December 3 for the first time in almost seven years.
Interestingly, technical analysis shows the corrective phase has been h...
Bitcoin News / Bitcoinist - 3 weeks ago
The cryptocurrency world can’t stop buzzing around the emergence of a new meme coin that has taken the market by storm. Enter Pepe Unchained ($PEPU). Since its launch and within the first 24 hours, it’s already reached a $200M market cap.
This Layer-...
Bitcoin News / Bitcoinist - 4 weeks ago
In a post on X, Matthew Sigel, Head of Digital Assets Research at investment management firm VanEck, suggested that Microsoft may be open to invest in an Ethereum (ETH) exchange-traded fund (ETF) if it fulfills the company’s yield requirements. Sigel...
Bitcoin News / Bitcoinist - 4 weeks ago
Bitcoin’s price prospects look promising after its recent notable upside momentum above the $100,000 pivotal milestone. This prompts a broader bullish outlook for the cryptocurrency asset to surge significantly in the upcoming weeks to unpreced...
Bitcoin News / Bitcoinist - 4 weeks ago
Crypto analyst Master Kenobi has provided an update on the Dogecoin price action in comparison to the 2021 bull run. The analyst revealed that the DOGE/BTC chart has aligned with this previous cycle and predicted when exactly Dogecoin could experienc...
Bitcoin News / Bitcoinist - 4 weeks ago
Last month, crypto startups received hefty funding boosts, nearly garnering an impressive $800M through VC investments.
Among those, a whopping $583M was granted to crypto startups developing crypto-related infrastructure, contributing to utility-bas...
Bitcoin News / Bitcoinist - 4 weeks ago
The Cardano ecosystem has been rocked by a series of whistleblower allegations that paint a picture of internal discord, strategic manipulation, and eroding trust at the very heart of its foundational organizations. An anonymous email, shared by prom...
Bitcoin News / Bitcoinist - 4 weeks ago
Data shows that the sentiment of Bitcoin has cooled off from extreme greed as bearish price action continues for BTC and other cryptocurrencies.
Bitcoin Fear & Greed Index Is Now Pointing At ‘Greed’
The “Fear & Greed Index...
Bitcoin News / Bitcoinist - 4 weeks ago
Crypto analyst Bartfil has provided insights into the next move for the Dogecoin price based on past performances. Based on his analysis, Dogecoin could witness a significant price correction before it continues its upward trend.
Where The Dogecoin...
Bitcoin News / Bitcoinist - 4 weeks ago
The XRP price break above the $1 and $2 price levels in recent weeks has put the cryptocurrency on the most bullish trajectory since 2018. Although the XRP price is seemingly consolidating since this notable run, analysts continue to anticipate anoth...
Bitcoin News / Bitcoinist - 4 weeks ago
A new Dogecoin price analysis reveals the potential for the number one meme coin to surge to a new all-time high at $4. According to a crypto analyst, this bullish target could become a reality if Dogecoin can maintain its position above a critical s...
Bitcoin News / Bitcoinist - 4 weeks ago
Hong Kong seems to be intensifying its efforts to establish itself as a global cryptocurrency hub. In a recent announcement, it pledged to “streamline” the licensing process for crypto trading platforms.
The announcement comes as the regi...
Bitcoin News / Bitcoinist - 4 weeks ago
Binance and Circle established a strategic cooperation on Wednesday to increase adoption and utilization of the USDC stablecoin during an Abu Dhabi press conference.
According to Fortune, the cooperation between Binance, the world’s largest cry...
Bitcoin News / Bitcoinist - 4 weeks ago
Bahrain is storming the world of crypto. Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, became the first person to receive a Crypto.com card powered by Mastercard. This is the big step for both Bahrain and this upsurging digital financ...
Bitcoin News / Bitcoinist - 4 weeks ago
In a series of public statements, Dennis Porter, CEO and founder of the non-profit advocacy organization Satoshi Act Fund, has raised expectations for what he describes as a landmark announcement related to Bitcoin. Speaking via the social media plat...
Bitcoin News / Bitcoinist - 4 weeks ago
A remarkable shift in sentiment and activity has been spotted among Bitcoin’s large investors also known as whales, especially wallet addresses holding more than 100 BTC in spite of recent price fluctuations, sparking discussions about the next...