Bitcoin News / Bitcoinist - 1 week ago
A Nebraska man has been indicted with several criminal charges by the New York authorities for allegedly conducting a $3.5 million crypto scheme. The press release revealed that the accused could face up to 30 years in prison if found guilty.
Man...
Bitcoin News / Bitcoinist - 1 week ago
Asset manager Blackrock has emerged as the frontrunner in the Bitcoin ETF race in terms of inflows with its IBIT ETF, which is increasingly attracting institutions’ attention as a key development showing its success.
Many fund managers have fl...
Bitcoin News / Bitcoinist - 1 week ago
In the first quarter of 2024, the South Korea Won emerged as the leading currency for cryptocurrency trades globally. According to data from research firm Kaiko, the cumulative trade volume denominated in Korean won reached $456 billion, surpassing t...
Bitcoin News / Bitcoinist - 1 week ago
In a significant move to transform its infrastructure, the Bitcoin (BTC) Layer 2 (L2) network Stacks is preparing to launch the Nakamoto upgrade, which is scheduled for release as early as April 16.
The anticipated upgrade, which has been developing...
Bitcoin News / Bitcoinist - 1 week ago
Dogecoin has extended its seven-day losses into the past 24 hours but some holders continue to remain strong. On-chain data has revealed that even though Dogecoin’s value has plummeted by 21% in the last seven days, many long-term holders of the meme...
Bitcoin News / Bitcoinist - 1 week ago
An analyst has explained how a pattern forming in the Bitcoin Market Value to Realized Value (MVRV) could suggest now may be the time to buy.
Bitcoin MVRV Momentum Could Reveal Buying Opportunity For BTC
As analyst Ali explained in a new post on X, t...
Bitcoin News / Bitcoinist - 1 week ago
Dogecoin is once again in the spotlight with speculation that DOGE payments are coming to X (formerly Twitter) as the platform looks to charge users a fee to post and interact on the platform. This was made public by owner Elon Musk, who said that th...
Bitcoin News / Bitcoinist - 1 week ago
In recent developments, the US Department of Justice (DOJ) has been reevaluating its choice of law firm to oversee the cryptocurrency exchange Binance as an independent monitor.
The decision concerns the firm’s previous work for the now-bankru...
Bitcoin News / Bitcoinist - 1 week ago
Despite the active on-chain accumulation, demand for Bitcoin exchange-traded funds (ETFs) in the United States appears to have stagnated over the past four weeks, according to Ki Young Ju, the founder of CryptoQuant, an on-chain analytics platform. T...
Bitcoin News / Bitcoinist - 1 week ago
Cross-border payment company, Ripple has sent out an urgent message to XRP members and the broader cryptocurrency community. In its message, the payments firm warns about the risks associated with crypto scams and provides valuable information on how...
Bitcoin News / Bitcoinist - 1 week ago
John Deaton, a vocal advocate for XRP and broader cryptocurrency rights as well as current US Senate candidate, is reportedly considering involvement in Coinbase’s ongoing legal battle with the Securities and Exchange Commission (SEC). This new...
Bitcoin News / Bitcoinist - 1 week ago
On-chain data shows the Bitcoin whales have continued to hold onto their coins despite the fact that BTC has gone through bearish action recently.
Bitcoin Whales Have Participated In Net Accumulation Since March 1st
As explained by the on-chain analy...
Bitcoin News / Bitcoinist - 1 week ago
Key Dogecoin (DOGE) on-chain metrics recently turned bullish, suggesting that the foremost meme coin is well primed for a significant move to the upside. However, that hasn’t been the case, as Dogecoin’s price has declined lately.
Dogecoin On-Chain...
Bitcoin News / Bitcoinist - 1 week ago
Bitcoin is currently trying to stay afloat amid geopolitical tensions that have triggered a sharp decline in the flagship crypto’s price. At the time of writing, Bitcoin was experiencing a significant drop of nearly 15%, plummeting to a low of...
Bitcoin News / Bitcoinist - 1 week ago
Amidst a notable diplomatic engagement between the United States and Iraq, recent statements by Iraq’s Deputy Prime Minister Muhammad Ali Tamim have stirred speculation in the Bitcoin community regarding Iraq’s potential entry into BTC mining at a na...
Bitcoin News / Bitcoinist - 1 week ago
Over the weekend, the cryptocurrency markets were thrust into turmoil as escalating tensions in the Middle East sent shockwaves through global financial markets. Iran’s retaliatory drone and missile attack on Israel, following the bombing of th...
Bitcoin News / Bitcoinist - 1 week ago
Amid the buzzing excitement following the approval of Bitcoin and Ethereum Spot Exchange-Traded Funds (ETFs) in Hong Kong, Bloomberg Intelligence analyst Eric Balchunas has made a post highlighting the explosive growth of the products in the United S...
Bitcoin News / Bitcoinist - 1 week ago
UK Finance, the trade association representing the UK banking and financial services industry, is spearheading a pioneering pilot program aimed at leveraging crypto and blockchain technology to track financial transactions. This initiative marks a si...
Bitcoin News / Bitcoinist - 1 week ago
Steven Nerayoff, a former advisor to Ethereum, has initiated a lawsuit against Michael Hlady, also known as Michael Peters, and Marianna Shooshani in the Supreme Court of New York, Nassau County in his quest for justice. The lawsuit alleges a fraudul...
Bitcoin News / Bitcoinist - 1 week ago
The Hong Kong Securities and Futures Commission (SFC) has granted official approval for spot Ethereum and Bitcoin ETFs, signifying a major milestone for the crypto market in the region.
However, while the approval brings excitement, Bloomberg Senior...
Bitcoin News / Bitcoinist - 1 week ago
In the latest development of the saga between Binance and Nigerian authorities, the executive who fled from Nigerian custody at the end of March has been traced to Kenya by the Federal Government.
According to local reports, authorities are starting...
Bitcoin News / Bitcoinist - 1 week ago
As the anticipated Bitcoin Halving approaches, a new native digital commodity protocol is set to make its presence felt in the cryptocurrency landscape. The Runes Protocol, developed by the mind behind the Ordinal Theory, Casey Rodarmor, is generatin...
Bitcoin News / Bitcoinist - 1 week ago
On April 15, Hong Kong took a significant step towards becoming a crypto hub after approving the first spot Bitcoin and Ethereum exchange-traded funds (ETFs). However, an ETF analyst, Eric Balchunas, is pouring cold water on the excitement palpable a...
Bitcoin News / Bitcoinist - 1 week ago
The United Kingdom is poised to enact new legislation covering stablecoins and various crypto activities, including staking, trading, and custody.
The forthcoming regulations, which are expected to be implemented by June or July 2024, mark a signifi...
Bitcoin News / Bitcoinist - 1 week ago
On-chain data shows that the Dogecoin whales have recently made massive moves. Here’s where these moves have been heading.
Dogecoin Network Has Witnessed Some Large Moves Recently
According to data from the cryptocurrency transaction tracker se...