Category : Bitcoinist

Bitcoinist

Bitcoin Hater Peter Schiff’s Reaction To CPI Data: ‘The Fed Has Lost’

Peter Schiff, a Bitcoin hater and prominent financial analyst renowned for his insights into economic trends, has turned his scrutiny toward the recent United States inflation data, raising questions about the efficacy of the Federal Reserve’s...

Is The Digital Euro Doomed To Fail? Here’s What The Experts Say

The impending launch of a digital version of the euro has been a topic of much discussion in recent years. Seen as a European answer to the rise of digital currencies and an attempt to modernize its monetary system, the European Union’s commitm...

End Of The Road? Court Dismisses Class Action Lawsuit Against Robinhood

Robinhood seems to be finally done with a legal battle that has spanned the course of more than two years. Robinhood Markets recently defeated a group of investors as a United States Federal Appeals court just dismissed the appeal of a class action l...

Ethereum Gas Fees Made Easy: Visa Explores Credit Card Payments

In a groundbreaking move, Visa has announced the successful testing of a mechanism that allows users to pay Ethereum’s on-chain gas fees directly using fiat through credit or debit cards. This experiment, conducted on the Ethereum Goerli testne...

BREAKING: SEC Puts Brakes On Ark Spot Bitcoin ETF Approval

In a move aligned with the predictions of Bloomberg’s ETF expert, James Seyffart, the US Securities and Exchange Commission (SEC) has issued a delay letter regarding the application for the Ark Invest Bitcoin (BTC) Spot Exchange-Traded Fund (ET...

Post-2024 Bitcoin Halving Could Lead To A ‘Major Bear Market,’ Expert Warns

Bitcoin (BTC) investors and enthusiasts are bracing themselves for a potential seismic shift in the cryptocurrency landscape, as a prominent analyst warns that the post-2024 Bitcoin halving could usher in a “major bear market.” CrediBULL...

PayPal PYUSD Stablecoin Launch Sparks Response From Regulators

Since launching on August 7, Paypal’s stablecoin PYUSD hasn’t received the best of welcomes. From centralization concerns to regulatory scrutiny, there are signs to suggest that the stablecoin might have a hard time settling in, and a recent developm...

Worldcoin Faces Increased Regulatory Scrutiny As Argentina Probes Operations

Worldcoin, a well-known cryptocurrency project, has been the subject of a detailed investigation by the Argentinean Agency for Access to Public Information (AAIP). This action is a part of a larger trend in which other nations around the world are lo...

Canadian Bank’s Report Reveals Drawbacks To CBDC Adoption

Central Bank Digital Currencies (CBDCs) have been gaining prominence around the world over the last couple of years and Canada has not been left out. However, unlike some countries where these central bank-issued digital currencies seem to be picking...

Bitwise Follows Valkyrie’s Lead: A New Era For Bitcoin And Ethereum ETFs

In a strategic move that mirrors recent actions by Valkyrie Funds, Bitwise Invest has filed an updated prospectus to transition its Bitcoin futures ETF (BITC) into the “Bitwise Bitcoin and Ethereum Equal Weight Strategy ETF”. This shift,...

Crypto Security Breach: Hackers Exploit Bitcoin Wallet Vulnerability, Make Off With $900K

A crypto security breach has exposed a significant vulnerability within the Libbitcoin Explorer 3.x library, resulting in the illicit withdrawal of more than $900,000 from Bitcoin users’ accounts. The breach was detailed in a recent report by S...

Ripple Vs. SEC: 3 Scenarios What Could Be Next

The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has been a focal point for the crypto community, and the recent developments have only intensified the spotlight. The SEC’s request for an interlocutory appea...

Gemini Adds XRP To Its Crypto Lineup Post-Court Victory

Gemini, the US-based crypto exchange, announced its support for XRP following Ripple’s recent legal breakthrough. Gemini Enables XRP Deposits Effective immediately, Gemini users can deposit XRP tokens on the platform. This decision comes after...

PancakeSwap Takes A Leap Forward? Expands To Arbitrum One

PancakeSwap (CAKE), the renowned decentralized finance (DeFi) platform, has announced its expansion to Arbitrum One, a move that aims to bring a seamless and “user-friendly” DeFi experience to the Arbitrum network. With a focus on accessibility and...

Barry Silbert And DCG On The Offensive: Look To Dismiss Gemini’s Lawsuit

Per a Bloomberg report, Digital Currency Group and its CEO Barry Silbert are moving to try to dismiss the lawsuit filed by their former partner, crypto exchange Gemini. The two entities have been in a legal battle since early 2023 due to its “Earn Pr...

Blast from The Past: Bitcoin Formation Echoes Livermore’s Speculative Chart

Bitcoin price has been locked in a mostly sideways pattern, sloping ever so slightly upward. The price action appears to resemble the beginning of Jesse Livermore’s famous “Speculative Chart” also referred to as an Accumulation Cylindar. If the old t...

Bitstamp Exchange Suffers Considerable Losses Amid Crypto Winter

The current market conditions in the crypto market have undoubtedly negatively impacted several cryptocurrency firms, with many firms experiencing losses on their balance sheet. In a recent development, crypto exchange Bitstamp seems to have suffered...

Former SEC Chief Points To Ongoing US Crypto “Regulatory Onslaught” Amidst New Fed Program

The former Chief of the US Securities and Exchange Commission (SEC) Office of Internet Enforcement, John Reed Stark, stated an ongoing “unprecedented financial regulatory onslaught” against the US crypto space. On August 10, Stark took t...

Tensions Rise: Crypto Community Urges SEC Chairman’s Resignation Over Regulatory Concerns

As the debate surrounding cryptocurrency regulations intensifies in the United States, the United States Securities and Exchange Commission (SEC) has found itself under heightened scrutiny from leading figures in the crypto industry. These concerns c...

This Bitcoin Holder Mined 150 BTC In 2009, Here’s How Much It Was Sold For

Back in 2009, Bitcoin was still largely unknown as Satoshi Nakamoto had only released the Bitcoin whitepaper the year before in October 2008, and crypto enthusiasts were still figuring out how to mine and trade these new digital coins. However, some...

French Regulator AMF Amends Crypto Rules To Align With MiCA

The Autorité des Marchés Financiers (AMF), France’s financial markets regulator, has unveiled changes to local crypto regulations in order to comply with the European Union’s Markets in Crypto-Assets (MiCA) regime. AMF Tweaks Registration And...

Dogecoin Whale Transaction Sparks Speculations Of Impending Price Decline

A recent Dogecoin whale transaction has raised concerns about where DOGE’s price might be headed next. While large transactions are not new to the leading meme coin in the space, the destination of the transaction is what’s important. Dogecoin Whale...

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