Bitcoin News / Bitcoinist - 10 months ago
Bitcoin has witnessed a plunge under the $51,000 level during the past day, here’s what’s potentially behind this decline according to on-chain data.
Bitcoin Has Slipped Under The $51,000 Level During The Past Day
Yesterday, Bitcoin had o...
Bitcoin News / Bitcoinist - 10 months ago
Bitcoin (BTC) is experiencing a bullish surge, reaching a new year-to-date high of $52,900 this week, fueled by strong inflows into spot exchange-traded funds (ETFs). Analysts attribute this positive momentum to several key factors, including rising...
Bitcoin News / Bitcoinist - 10 months ago
The Shiba Inu burn rate has flatlined over the last 24 hours as the burned tokens, as well as the number of burn transactions carried out during this time, dropped dramatically. This drop in the burn rate could be indicative of SHIB users not being a...
Bitcoin News / Bitcoinist - 10 months ago
John E Deaton, a well-known crypto lawyer representing over 75,000 XRP holders, has revealed his intentions to run for the senate seat in the upcoming elections this year.
Pro-XRP Lawyer To Run For Senate Seat
The pro-XRP lawyer announced his desire...
Bitcoin News / Bitcoinist - 10 months ago
Tech titan and outspoken Bitcoin advocate Michael Saylor remains unfazed by market fluctuations, reaffirming his unwavering commitment to the world’s leading cryptocurrency. In a recent Bloomberg TV interview, Saylor declared his intent to R...
Bitcoin News / Bitcoinist - 10 months ago
Arthur Hayes, the co-founder and former CEO of BitMEX has made a controversial comment about the Cardano blockchain. Hayes shared an image via social media highlighting the fee generation of various decentralized applications (dApps) and protocols ac...
Bitcoin News / Bitcoinist - 10 months ago
In a recent interview with “Bloomberg Crypto,” Ripple CEO Brad Garlinghouse shared his perspectives on the potential for an XRP Exchange Traded Fund (ETF), the crypto regulatory environment, and Ripple’s strategy in the evolving dig...
Bitcoin News / Bitcoinist - 10 months ago
In a challenging year for creditors of bankrupt investment firms Three Arrows Capital (3AC) and FTX’s trading arm Alameda Research, a recent surge in Worldcoin (WLD) has provided some solace.
The coin, which is associated with the crypto project co-...
Bitcoin News / Bitcoinist - 10 months ago
According to a recent report from Bloomberg, Bitcoin liquidity is increasingly gravitating towards US crypto exchanges, signaling a fundamental change in market dynamics driven by the introduction of the recently approved spot exchange-traded funds (...
Bitcoin News / Bitcoinist - 10 months ago
Polygon (MATIC), in collaboration with Hong Kong-based game software company Animoca Brands and The Human Institute, has taken advantage of the current artificial intelligence (AI) trend by launching a new technology.
Announced on Tuesday, Humanity...
Bitcoin News / Bitcoinist - 10 months ago
Lookonchain data on February 20 shows that an Ethereum whale and one of the early investors who participated in the 2014 Initial Coin Offering (ICO) cashed out when prices briefly breached $3,000.
ETH Whale Exits At $3,000: Bullish or Bearish?
Before...
Bitcoin News / Bitcoinist - 10 months ago
Over the years, more and more people have adopted cryptocurrencies like Bitcoin as their vehicle for financial freedom and savings safeguard. The largest cryptocurrency by market capitalization is usually preferred by those who want to protect their...
Bitcoin News / Bitcoinist - 10 months ago
On-chain data shows the Dogecoin network has seen consistently high usage recently, as the coin has been handling a million moves a day.
Dogecoin Has Continued To Observe High Usage Recently
According to data from the market intelligence platform Int...
Bitcoin News / Bitcoinist - 10 months ago
Popular Shiba Inu marketing influencer, Lucie has unveiled a new token burn structure designed to enhance the value of the ecosystem. This innovative burn scheme will involve utilizing funds from the upcoming Sheboshi Non-fungible token (NFT) drops t...
Bitcoin News / Bitcoinist - 10 months ago
In a recent development, the United Kingdom (UK) government plans to implement new crypto regulations for stablecoins and staking services within the next six months, according to a Bloomberg report.
As the pressure builds to fulfill specific propos...
Bitcoin News / Bitcoinist - 11 months ago
The Commercial International Bank (CIB) of Egypt has entered into a partnership with Ripple Labs, marking a significant milestone in the adoption of blockchain technology for cross-border payments within the Egyptian financial sector. This collaborat...
Bitcoin News / Bitcoinist - 11 months ago
The debate of whether or not to burn the more than 40 billion XRP held in escrow by Ripple has continued to wax stronger. As it continues to gain widespread popularity, it has drawn the attention of execs at the crypto firm. Most especially, David Sc...
Bitcoin News / Bitcoinist - 11 months ago
Following his conviction from a US court, the founder of crypto exchange FTX, Sam Bankman Fried (SBF), has been spending his days in Brooklyn’s Metropolitan Detention Center (MDC). The crypto mogul, one of the wealthiest individuals on earth, exchang...
Bitcoin News / Bitcoinist - 11 months ago
Data of an on-chain indicator suggests the majority of the altcoins have now dropped into the historical “danger zone,” a sign that could be bearish.
Altcoins May Be Overbought Currently As Trader Profits Have Shot Up
In a new post on X,...
Bitcoin News / Bitcoinist - 11 months ago
The possibility of Edward Snowden, the former National Security Agency (NSA) contractor and whistleblower, being Satoshi Nakamoto, the Bitcoin creator, was recently raised. Snowden responded and warned about what should happen if he ever claims to be...
Bitcoin News / Bitcoinist - 11 months ago
The ongoing legal battle between San Fransisco-based payment firm Ripple Labs Inc. and the United States Securities and Exchange Commission (SEC) is presently in the limelight as today marks the deadline of the lawsuit’s discovery phase.
Set Of...
Bitcoin News / Bitcoinist - 11 months ago
Financial guru Robert Kiyosaki has ignited the crypto community with his latest price prediction, claiming Bitcoin will hit $100,000 by June 2024. However, experts urge caution, reminding investors of the inherent volatility and uncertainty surroundi...
Bitcoin News / Bitcoinist - 11 months ago
A crypto analyst has provided insights into how the structure of the Ethereum ecosystem could bring Bitcoin and the broader crypto market down. His analysis focused on Ethereum’s liquid-staked tokens (LSTs), liquid-restaked tokens (LRTs) and stableco...
Bitcoin News / Bitcoinist - 11 months ago
The Bitcoin community is currently hotly debating the possibility of a US government crackdown on BTC akin to the historic 1933 gold confiscation, an event now ominously referenced in crypto circles as “6102.” David Bailey, CEO of BTC Med...
Bitcoin News / Bitcoinist - 11 months ago
The cryptocurrency community is abuzz after a wallet with suspected ties to Tron founder Justin Sun gobbled up a staggering $161 million worth of Ether on February 19th. This whale-sized purchase has sent shockwaves through the market, igniting specu...