Bitcoin News / Bitcoinist - 3 months ago
On-chain data shows the Bitcoin supply held by the short-term holders has recently been going down at its fastest monthly rate since 2012.
Bitcoin Short-Term Holder Supply Plunges As Investors HODL
As explained by CryptoQuant author Axel Adler Jr in...
Bitcoin News / Bitcoinist - 3 months ago
The journey of meme coins has been nothing short of spectacular in the cryptocurrency world, with Shiba Inu (SHIB) leading the charge as one of the most recognized tokens after Dogecoin (DOGE). However, the market is shifting, and 2024 could be a tra...
Bitcoin News / Bitcoinist - 3 months ago
As the US presidential election approaches, less than two months before what could be a turning point for the crypto industry, experts are expressing skepticism about its potential impact on the crypto market, according to a CNBC report.
Crypto Lead...
Bitcoin News / Bitcoinist - 3 months ago
Former BitMEX CEO Arthur Hayes thinks the upcoming interest rate cuts by the US Federal Reserve (Fed) could ignite a short-term crypto market crash.
Fed Is Doing A Colossal Mistake, Hayes Says
Delivering a presentation titled ‘Thoughts on Macroeconom...
Bitcoin News / Bitcoinist - 3 months ago
Two ex-senior executives from Coinbase, Vishal Gupta and Patrick McCreary, have announced the launch of TrueX. This new crypto exchange will focus on stablecoins, using PayPal Holdings Inc.’s PYUSD as its “preferred token for transactions.̶...
Bitcoin News / Bitcoinist - 3 months ago
After weeks of continued bullishness, Helium has now succumbed to the bearish pressure going against the grain as the broader market skyrockets in the short term. The latest market data shows that HNT fell by nearly 16% since last week, leading to a...
Bitcoin News / Bitcoinist - 3 months ago
According to one analyst, Tron, a popular smart contracts platform and a stiff competitor of Ethereum, could be one of the most important layer-1s. Based on his assessment, the platform now serves more as a transactional layer, similar to Bitcoin.
Tr...
Bitcoin News / Bitcoinist - 3 months ago
A recent discussion within the XRP community has reignited speculation surrounding the token’s future price trajectory. The catalyst for this discussion was a bold prediction made by Crypto Tank, a prominent crypto analyst. He suggested that XR...
Bitcoin News / Bitcoinist - 3 months ago
Dogecoin is testing a crucial price level after a turbulent week that saw a 22% surge from local lows and a sharp 9% drop to its current price. The meme coin has experienced significant volatility, with choppy price action causing uncertainty among i...
Bitcoin News / Bitcoinist - 3 months ago
Data shows the Ethereum ecosystem has continued to remain number one in terms of development activity, ahead of the likes of BNB and Polygon.
Ethereum Ecosystem Saw 0.8% Growth Over Past Year
In a new post on X, the analytics firm Santiment has discu...
Bitcoin News / Bitcoinist - 3 months ago
The lackluster Dogecoin price action could change very soon as on-chain data suggests increased activity behind the scenes. Particularly, on-chain analytics company IntoTheBlock revealed a surge in daily transactions on the Dogecoin blockchain, pushi...
Bitcoin News / Bitcoinist - 3 months ago
Hong Kong’s 86% year-over-year crypto transaction growth is impressive. Chainalysis reports that Hong Kong leads Eastern Asia in crypto adoption following this rise. The region ranks 30th in digital currency adoption internationally, indicating...
Bitcoin News / Bitcoinist - 3 months ago
As the Ethereum ecosystem continues to evolve, it is crucial to understand how to navigate the decentralized environment. However, a market expert offering insights on the subject has disclosed that Ether (ETH) is the key to exploring the ecosystem,...
Bitcoin News / Bitcoinist - 3 months ago
Larry Fink, the founder and Chief Executive Officer (CEO) of BlackRock, the world’s largest asset manager, has admitted to being wrong about his previous views on Bitcoin. While reversing his former stance on the pioneer cryptocurrency, the renowned...
Bitcoin News / Bitcoinist - 3 months ago
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Bitcoin News / Bitcoinist - 3 months ago
Just minutes from now, Fed Chair Jerome Powell will lead a rate-setting panel at today’s Federal Reserve meeting where the central bank is expected to lower interest rates by 25 to 50 basis points. But before the rate cut decision is revealed,...
Bitcoin News / Bitcoinist - 3 months ago
The trial of Alex Mashinsky, the former CEO of Celsius Network, has officially begun, marking a significant moment in the ongoing saga of one of cryptocurrency’s most notorious collapses.
Charged with multiple counts of fraud, including wire a...
Bitcoin News / Bitcoinist - 3 months ago
Hemi Labs, a start-up co-founded by former Bitcoin core developer Jeff Garzick, has successfully raised $15 million in its initial funding round. The investment was led by notable backers including Binance Labs, Breyer Capital, and Big Brain Holdings...
Bitcoin News / Bitcoinist - 3 months ago
The Ethereum network, one of the leading blockchain solutions has once again taken a hit as the network’s average staker revenue over the past few days has witnessed a sharp decline, indicating a decrease in users’ or stakers’ inter...
Bitcoin News / Bitcoinist - 3 months ago
The cryptocurrency market has been filled with surprises in recent weeks, and two tokens have been standing out from the pack: Nervos Network (CKB) and Mpeppe (MPEPE). While the market sentiment for most altcoins has been bearish, Nervos Network (CKB...
Bitcoin News / Bitcoinist - 3 months ago
As the Shiba Inu ecosystem is preparing to enter a new era, the project’s core member and head of marketing Lucie has offered insights into SHIB’s mysterious evolution, emphasizing the crucial factor that will majorly drive the growth. Sh...
Bitcoin News / Bitcoinist - 3 months ago
The Bitcoin market has been closely analyzed by a CryptoQuant analyst named Percival, who recently provided insights into Bitcoin’s realized cap and net capital flows.
The realized cap is a metric that tracks each Bitcoin (UTXO) when it was las...
Bitcoin News / Bitcoinist - 3 months ago
As the world’s largest asset manager and issuer of crypto exchange-traded funds (ETFs), BlackRock, solidifies its foothold in the industry, the firm’s Head of Digital Assets, Robbie Mitchnick, recently made interesting statements on key i...
Bitcoin News / Bitcoinist - 3 months ago
Global exchange Binance has addressed the “misleading” claims made by hacked trading platform WazirX, denying any involvement with the Indian exchange and demanding “accountability” from its team after the $235 million crypto heist.
The c...