Bitcoin News / Bitcoinist - 11 months ago
The Ethereum (ETH) balance in multiple mainstream centralized exchanges, like Coinbase and Binance, has hit a new low. According to Leon Waidmann on X, over 7 million ETH have been withdrawn since April 2023. Is It DeFi, NFT, Or EigenLayer Sapping E...
Bitcoin News / Bitcoinist - 11 months ago
In a recent report by The Guardian, it has been revealed that Sam Lee, an Australian blockchain entrepreneur facing charges of conspiracy to commit fraud in the US for his alleged involvement in a $1.89 billion crypto “Ponzi scheme,” has...
Bitcoin News / Bitcoinist - 11 months ago
On-chain data shows a Bitcoin ratio has found rejection at a historical level, a sign that the asset’s downtrend may continue. Bitcoin MVRV Ratio Has Rebounded Back Down Off The 2.0 Level As an analyst in a CryptoQuant Quicktake post explained,...
Bitcoin News / Bitcoinist - 11 months ago
In a recent announcement, stablecoin issuer Tether (USDT) revealed its investment in Oobit, a mobile payment application. The successful conclusion of Oobit’s Series A funding round resulted in $25 million raised, supporting the development of...
Bitcoin News / Bitcoinist - 11 months ago
According to local reports, the Spanish Ministry of Finance is looking to implement a new tax reform to expand its control over the monitoring of cryptocurrencies and the digital assets sector. New Tax Reform Tackles Cryptocurrencies As reported by...
Bitcoin News / Bitcoinist - 11 months ago
Hong Kong’s Securities and Futures Commission (SFC) issued a directive to all crypto trading platforms operating within its jurisdiction earlier today. The directive mandates these platforms to submit a license application by February 29 or fac...
Bitcoin News / Bitcoinist - 11 months ago
The expansion of the Shiba Inu ecosystem is continually marked by its development efforts in existing projects and the introduction of new innovative features. Demonstrating confidence in these initiatives, the SHIB marketing team has disclosed the t...
Bitcoin News / Bitcoinist - 11 months ago
The approval of spot Bitcoin ETFs (Exchange Traded Funds) in the United States has had unforeseen consequences for the nascent sector. These changes go beyond the market and its dynamics, as the BTC price stalls around its current levels and seems to...
Bitcoin News / Bitcoinist - 11 months ago
Despite the Bitcoin price failing to properly clear the $43,000 resistance over the last week, it has not stopped investors from taking their positions in the digital asset. According to reports, the Bitcoin transaction volumes have reached their hig...
Bitcoin News / Bitcoinist - 11 months ago
The Shibarium network, which was developed by the Shiba Inu team, has been seeing a lot of adoption over the last few months. This rapid adoption has led to new highs for the network across various metrics, with the latest happening across the number...
Bitcoin News / Bitcoinist - 11 months ago
A significant development has occurred in the ongoing legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs. The SEC has succeeded in its motion to compel the blockchain payment company to produce its 2022-2023 financia...
Bitcoin News / Bitcoinist - 11 months ago
South Korea’s regulator, the Financial Supervisory Service (FSS), has revealed its intent to seek guidance on Bitcoin Spot Exchange-Traded Funds (ETFs) from the United States Securities and Exchange Commission (SEC). FSS Governor To Meet With G...
Bitcoin News / Bitcoinist - 11 months ago
In a major development for the ongoing investigation into the spectacular crash of Terraform Labs and its algorithmic stablecoin TerraUSD, Han Chang-joon, the company’s former chief financial officer, has been extradited to South Korea. This fo...
Bitcoin News / Bitcoinist - 11 months ago
The Shiba Inu (SHIB) price is once again the center of discussion, as a group of experts gave their opinion on how much the meme coin could be worth soon. Based on their predictions, SHIB could eat up another zero by next year. Shiba Inu Price To Ma...
Bitcoin News / Bitcoinist - 11 months ago
In a recent interview, Ripple’s Chief Technology Officer (CTO), David Schwartz, discussed the company’s plans to expand beyond its current focus on payments into a wider range of use cases. This pivot comes against the backdrop of the cry...
Bitcoin News / Bitcoinist - 11 months ago
Coinbase, the largest cryptocurrency exchange in the United States, has released a report identifying several key factors that could trigger a Bitcoin bull run in 2024. The report is centered on crucial elements such as the United States Federal Rese...
Bitcoin News / Bitcoinist - 11 months ago
On-chain data shows the Bitcoin mining difficulty has seen a rise of over 7% in the latest adjustment. Here’s what it could mean for the asset. Bitcoin Mining Difficulty Has Registered A Surge Of More Than 7% On the Bitcoin blockchain, there is...
Bitcoin News / Bitcoinist - 11 months ago
The US government has set its sights on the burgeoning crypto mining industry, launching a data-gathering initiative to assess its environmental impact, particularly its energy consumption. White House Directs EIA: Probing Crypto’s Energy Use...
Bitcoin News / Bitcoinist - 11 months ago
The Terra community was in a celebratory mood as the LUNC token saw a significant price surge over the weekend. As revealed by a member of the community, this price surge has been attributed to the actions of the foremost crypto exchange, Binance. Bi...
Bitcoin News / Bitcoinist - 11 months ago
Several key developments across various altcoin projects are poised to potentially influence this week’s crypto market dynamics. This week’s focus is on Ripple (XRP), Polygon (MATIC), and Avalanche (AVAX) in conjunction with its associate...
Bitcoin News / Bitcoinist - 11 months ago
Beijing has intensified its efforts to curb cryptocurrency mining, citing its excessive energy consumption and potential environmental harm. This move comes as part of a broader plan to achieve “higher level and higher quality” energy con...
Bitcoin News / Bitcoinist - 11 months ago
In a recent exchange of ideas on X (formerly Twitter), a debate unfolded between Charles Hoskinson, the founder of Cardano, and Muneeb Ali, co-founder of Stacks, a project focused on enabling smart contracts on Bitcoin. The discussion centered around...
Bitcoin News / Bitcoinist - 11 months ago
Bitcoin might currently be trading below a $43,500 resistance level, but analysts see this downside action slowing down and a bullish performance is set to happen anytime soon. In a recently released weekly report by crypto exchange Coinbase, many te...
Bitcoin News / Bitcoinist - 11 months ago
Two high-ranking officials from the Patterson Joint Unified School District in New Jersey face charges for allegedly operating a crypto mining farm on school premises, according to the US Department of Justice. Abuse Of Power, Public Resources Assis...
Bitcoin News / Bitcoinist - 11 months ago
Cardano, like the majority of the cryptocurrency market, put up a positive price performance over the past week. While the ADA token largely struggled to replicate its December run in January, the tides seem to be turning in favor of the altcoin at t...
