Bitcoin News / Bitcoinist - 2 years ago
The bear market is making things difficult for most stakeholders in the crypto industry, but a recent survey by the Bank of America shows that despite the pain, people’s interest in crypto and digital assets remains high.
On Tuesday, Bank of Am...
Bitcoin News / Bitcoinist - 2 years ago
Celsius’ problems look like they have only just begun but there is a lot of data that shows that the current insolvency had been a long one in the making. As investors gnash their teeth about not seeing the issues fast enough, we take a look at these...
Bitcoin News / Bitcoinist - 2 years ago
With the crypto market crash has come to a lot of uncertainty among investors. This has translated to a strong distrust for crypto products and the decentralized finance (DeFi) space. Times such as these in the past have presented the best opportunit...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin received another hefty beating on Wednesday as its price inched closer to the $20,000 mark. Since then, the BTC price has risen alongside other cryptocurrencies as the US central bank announced its largest interest rate increase in three deca...
Bitcoin News / Bitcoinist - 2 years ago
In the ongoing crypto pandemonium, workers are losing their jobs, but Financial Industry Regulatory Authority CEO and President Robert Cook took to Twitter to announce job opportunities for those who got fired.
“Anybody getting laid off from a crypto...
Bitcoin News / Bitcoinist - 2 years ago
Although crypto market’s current situation looks very scary, digital assets have continuously expanded their reach since its initiation. Likewise, the U.S. also recorded a significant crypto adoption over the last year and will continue to adop...
Bitcoin News / Bitcoinist - 2 years ago
MicroStrategy has 129,218 Bitcoins in its coffers. As a result of Bitcoin’s price decline, there are increased concerns that the company may have to liquidate or pledge as collateral a significant portion of its Bitcoin reserves.
Microstrategy&...
Bitcoin News / Bitcoinist - 2 years ago
The Federal Reserve of the United States increased interest rates by 0.75 percent on Thursday, the single biggest increase in three decades. However, the central bank has indicated that additional increases are forthcoming later this year.
Bitcoin fl...
Bitcoin News / Bitcoinist - 2 years ago
Celsius, a crypto lending firm, froze their withdrawals on Sunday and now has hired restructuring attorneys from a law firm in order to get assistance about the current financial condition. Citing “extreme market conditions”, Celsius had...
Bitcoin News / Bitcoinist - 2 years ago
With the crypto market’s decline, investors, big and small, have been making various moves to ensure they are in the best position to weather the storm. For some, it is moving to more established cryptocurrencies or stablecoins for the cover th...
Bitcoin News / Bitcoinist - 2 years ago
Crypto wallet provider MetaMask reported a vulnerability that could affect a very small portion of its users. Discovered by blockchain security firm Halborn, the vulnerability could enable a bad actor to take possession of a user’s secret recovery ph...
Bitcoin News / Bitcoinist - 2 years ago
Remember the francophone Bitcoiners that visited the CAR a couple of weeks ago? Well, they released a “Report from the Bitcoin Delegation in the Central African Republic” and we’re about to summarize what it says. The “Bitcoin Delegation” issued the...
Bitcoin News / Bitcoinist - 2 years ago
Data shows amid the panic of the crypto crash, the Bitcoin mining hashrate has gone flying to a new all-time high.
Bitcoin Mining Hashrate Surges To New All-Time High As Price Crashes
According to the latest weekly report from Arcane Research, the BT...
Bitcoin News / Bitcoinist - 2 years ago
The State Duma, Russia’s lower house of parliament, has submitted legislation making it illegal to pay with cryptocurrency. The bill’s sponsors want crypto platforms to be tasked with preventing transactions that could promote digital ass...
Bitcoin News / Bitcoinist - 2 years ago
Bit.com, the Singapore-based exchange, has listed Staked Ether (STETH) on its spot and and perpetual futures markets, according to a recent press release.
Bit.com becomes the first cryptocurrency exchange to list STETH, issued by Lido Finance. Lido F...
Bitcoin News / Bitcoinist - 2 years ago
A year into the boom of NFTs, they are no longer just mere cultural assets but building blocks of Web3. Used for Metaverse experiences, games, and decentralized applications, NFTs are now at the center stage of the blockchain industry. As programmers...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin’s correlation with the stock market has been on the rise over the last year. What started out slowly had quickly ramped up in the last few months to reach the highest correlation points in recorded history. Once this had peaked, it was...
Bitcoin News / Bitcoinist - 2 years ago
Dogechain launches its testnet, dramatically evolving the utility of Dogecoin and bringing dApps and DeFi to the community.
Dogechain, a blockchain that empowers Doge by bringing dApps to the Doge community, has just launched its testnet.
Testnets ar...
Bitcoin News / Bitcoinist - 2 years ago
War. That dreadful word. Breaks borders, lives, properties, and wealth. Since it began in Ukraine, cryptos have managed to be at the forefront of the war.
Since Russia invaded Ukraine in a countrywide military attack on February 24, governments and i...
Bitcoin News / Bitcoinist - 2 years ago
Trading in the crypto market had been one of the best ways for investors to make money. However, it is no secret that this can be an arduous process when it comes to getting started. Being inexperienced comes with a lot of risks and making the right...
Bitcoin News / Bitcoinist - 2 years ago
Even while MicroStrategy’s CEO remains optimistic despite the crypto market’s current dire condition, these times have proven to be the most agonizing for all stakeholders, including the software company.
Michael Saylor, the chief executi...
Bitcoin News / Bitcoinist - 2 years ago
It appears that the current state of the digital market is hitting hard on the economy of certain crypto exchanges. The BlockFi cryptocurrency lending and exchange platform, Crypto.Com, and Gemini are a few examples to pinpoint.
According to BlockFi&...
Bitcoin News / Bitcoinist - 2 years ago
Following the recent shockwaves of the (LUNA) crash which had shaken the spirit of many crypto enthusiasts, South Korea’s ruling party, People Power Party (PPP), is reportedly considering new crypto laws to ensure users’ protection and pr...
Bitcoin News / Bitcoinist - 2 years ago
As some crypto exchanges are cracking under pressure and sending employees packing, Binance’s CEO said the company is on a hiring spree. Binance if offering 2,000 positions to qualified talents, according to co-founder Yi He.
In the past few we...
Bitcoin News / Bitcoinist - 2 years ago
Data shows both Bitcoin and Ethereum have observed a spike in the transaction fees over the past couple of days as holders have rushed to sell amid the crash.
Bitcoin & Ethereum Transaction Fees Shoot Up
The “transaction fees” is an a...