Bitcoin News / Bitcoinist - 2 years ago
Digital asset management firm Hashdex has filed a spot Bitcoin ETF application with the United States Securities and Exchange Commission, according to reports on Friday, August 25.
Hashdex, who claims to be a global pioneer in crypto management, is...
Bitcoin News / Bitcoinist - 2 years ago
It has now been more than one year since crypto lender Celsius Network filed for bankruptcy, leading to a rollercoaster 13 months for investors so far. However, there may finally be an end in sight for users who have their funds stuck on the platform...
Bitcoin News / Bitcoinist - 2 years ago
According to a recent report by the Wall Street Journal, cryptocurrency giant Binance has ceased offering its clients the option to conduct peer-to-peer transactions through sanctioned Russian banks.
This decision comes just days after a Wall Street...
Bitcoin News / Bitcoinist - 2 years ago
HashKey, a prominent Asian cryptocurrency exchange, will soon be offering its retail customers the option to trade in two of the most dominant digital currencies: Bitcoin and Ethereum, according to a report.
This move by HashKey comes after securing...
Bitcoin News / Bitcoinist - 2 years ago
The US Treasury Department has recently published a proposed rule requiring cryptocurrency brokers, including exchanges and payment processors, to report user information regarding sales and exchanges of digital assets to the Internal Revenue Service...
Bitcoin News / Bitcoinist - 2 years ago
San Francisco-based exchange Coinbase has fallen behind decentralized exchange Uniswap in terms of trading volume since the beginning of 2023, making the DeFi exchange the premier decentralized trading spot for users.
Trading Volumes On Uniswap And...
Bitcoin News / Bitcoinist - 2 years ago
In a groundbreaking move that signals a convergence of traditional finance and the burgeoning crypto economy, Coinbase announced its intention to list PayPal’s stablecoin, PYUSD. This comes on the heels of Kraken’s recent addition of PYUS...
Bitcoin News / Bitcoinist - 2 years ago
Several events in FTX’s bankruptcy proceedings continue to unravel as the crypto exchange seeks to settle its creditors and possibly restart. The latest of these is that the company has moved to protect its remaining assets with the help of Galaxy Di...
Bitcoin News / Bitcoinist - 2 years ago
Kroll, the claims agent working on the bankruptcy case for FTX, a once-prominent crypto exchange, has fallen victim to a cybersecurity breach. The breach, reported on Friday, has led to the compromise of non-sensitive customer data belonging to speci...
Bitcoin News / Bitcoinist - 2 years ago
The US Securities and Exchange Commission (SEC) has been known for its continued crackdown on the crypto industry over the last few years. This has prompted the likes of Cardano Founder, Charles Hoskinson, to give his opinion on the reason for the SE...
Bitcoin News / Bitcoinist - 2 years ago
As Binance continues to be surrounded by FUD, here’s what the CryptoQuant head thinks regarding the possibility of a bank run.
Can Cryptocurrency Exchange Binance Go The Way Of FTX?
In a new post on X (formerly Twitter), Julio Moreno, the Head...
Bitcoin News / Bitcoinist - 2 years ago
Dropbox has announced the discontinuation of its unlimited storage plan due to the increasing misuse of the service by users engaged in resource-intensive activities such as cryptocurrency mining.
With the surge in popularity of cryptocurrencies lik...
Bitcoin News / Bitcoinist - 2 years ago
In a recent Twitter thread, renowned XRP community lawyer Fred Rispoli shed light on the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Rispoli’s insights suggest that the much-anticipated trial betwe...
Bitcoin News / Bitcoinist - 2 years ago
In a few hours, the Bitcoin and financial community will be glued to their screens as Fed Chair Jerome Powell addresses the Jackson Hole symposium at 10:05 am EST. His remarks are anticipated to sway not just traditional markets like stocks and commo...
Bitcoin News / Bitcoinist - 2 years ago
Over the years, different modes of investments have emerged for digital assets such as Bitcoin in a bid to get the most returns. Mostly, investors have tried to ‘buy the bottom and sell the top’. However, Bitcoin’s performance has proven that there i...
Bitcoin News / Bitcoinist - 2 years ago
Despite the sharp contraction in the non-fungible token (NFT) market, CryptoPunks, Otherdeed, and Meebits owners are holding on to their assets. Data shared on August 23 shows that over 75% of major collections have not been traded, with an astoundin...
Bitcoin News / Bitcoinist - 2 years ago
Barely two weeks after going live on the Base network, Friend.tech has grabbed the attention of the cryptocurrency space. At the same time, the decentralized social media platform has gained interest from numerous maximal extractable value (MEV) bot...
Bitcoin News / Bitcoinist - 2 years ago
According to a recent report by Forbes, the US Drug Enforcement Agency (DEA) has inadvertently transferred $50,000 worth of seized cryptocurrency to a hacker, who has amassed hundreds of thousands in Ethereum (ETH) within a few months.
Earlier this...
Bitcoin News / Bitcoinist - 2 years ago
Prominent cryptocurrency exchange Binance has announced plans to halt its crypto debit card services in Latin America and the Middle East from September 21, 2023.
This development was revealed on August 24 in response to the exchange’s custome...
Bitcoin News / Bitcoinist - 2 years ago
In a recent development, bankrupt cryptocurrency exchange FTX has enlisted the services of US-based crypto firm Galaxy as an advisor to assist in hedging and selling its crypto holdings, as per court filings submitted on Wednesday.
According to a Reu...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin and Crypto Markets Continue Their Slide…But Why?!Litecoin is trading more than 40% lower than pre-halving local highs. But according to an ominous-sounding technical analysis signal, LTC could have a lot more decline ahead.
Litecoin Triggers...
Bitcoin News / Bitcoinist - 2 years ago
Here’s how the current Bitcoin price compares against the previous cycles when they were at similar phases in their lifespan.
Current Bitcoin Cycle Appears To Line Up With Previous Ones
In a new post on X, the community manager at CryptoQuant N...
Bitcoin News / Bitcoinist - 2 years ago
The Ethereum-based decentralized platform, Tornado Cash, has been at the center of controversy since US authorities targeted it. The case continues to evolve without positive developments for the platform or its co-founders.
The case attracted the...
Bitcoin News / Bitcoinist - 2 years ago
Despite how great Bitcoin’s adoption over the years has been, a crypto founder has pointed out that one of the biggest challenges to Bitcoin’s adoption is Ethereum, due to the differences in utility.
Bitcoin’s Founder Claims Ethereu...
Bitcoin News / Bitcoinist - 2 years ago
People Magazine has recognized Ripple by placing it in the prestigious list of “100 Companies Who Care For Employees And Society.”
Ripple Recognized For Employee Contributions To Social Good By People Magazine
The firm shared the exciting...