Bitcoin News / Bitcoinist - 1 year ago
OPNX (Open Exchange), a Singapore-based cryptocurrency exchange established by the co-founders of the failed crypto hedge fund Three Arrows Capital (3AC), is set to cease operations less than a year after its inception. OPNX To Shut Down Amidst Lega...
Bitcoin News / Bitcoinist - 1 year ago
In a significant development for the cryptocurrency space, Bitcoin (BTC) is experiencing a surge in accumulation, reaching a three-year high in the Accumulation Trend Score. This indicates growing confidence from major players in the market. Crypto...
Bitcoin News / Bitcoinist - 1 year ago
A recent report has provided insights into the hackers who may have been responsible for the infamous hack on the defunct FTX. This breach, which occurred after FTX filed for bankruptcy had led to the hackers draining over $400 million worth of crypt...
Bitcoin News / Bitcoinist - 1 year ago
Tether, the undisputed king of stablecoins, finds itself at the center of a heated debate. Its surging market share, nearing $100 billion, brings both comfort and concern. While many see it as a pillar of stability in the volatile crypto market, othe...
Bitcoin News / Bitcoinist - 1 year ago
North Carolina Representative Wiley Nickel, joined by Senator Cynthia Lummis and Representative Mike Flood, has put forth a Congressional Review Act (CRA) resolution that could be of critical importance to the US Bitcoin and crypto industry. This sig...
Bitcoin News / Bitcoinist - 1 year ago
Bob Ras, the co-founder of the Smart-contract proof-of-stake blockchain Coreum and Sologenic, has revealed that XRP users can earn passive income with the Automated Market Maker (AMM). XRP Ledger Users Poised For Possible Gains The exciting update wa...
Bitcoin News / Bitcoinist - 1 year ago
A recent report released by the US Energy Information Administration (EIA) has brought to light the substantial electricity consumption associated with Bitcoin mining operations within the country. The data reveals that these operations are consuming...
Bitcoin News / Bitcoinist - 1 year ago
RippleX, the development wing of Ripple Labs, has recently addressed a critical technical issue identified in the XRP Ledger’s Automated Market Maker (AMM). The problem emerged during extensive integration testing, aimed at ensuring the AMMR...
Bitcoin News / Bitcoinist - 1 year ago
Genesis Global, a Digital Currency Group (DCG) subsidiary, has reached a settlement agreement with the US Securities and Exchange Commission (SEC) to end a civil lawsuit. The regulator accused the bankrupt crypto lender of violating securities rules...
Bitcoin News / Bitcoinist - 1 year ago
The United States Department of Energy recently announced it will collect energy use data from crypto miners next week. Crypto Miners Required To Give Their Energy Use Details On January 31, The US Energy Information Administration (EIA) announced t...
Bitcoin News / Bitcoinist - 1 year ago
In their latest annual research report titled ‘Big Ideas 2024,’ ARK Invest, a renowned investment management firm, has put forth a compelling case for including Bitcoin in institutional portfolios. Drawing upon an extensive analysis of th...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, Polygon Labs announced a workforce reduction, eliminating 60 roles, accounting for approximately 19% of its staff. The decision was communicated by Marc Boiron, CEO of Polygon Labs, in an update shared with the Polygon Labs t...
Bitcoin News / Bitcoinist - 1 year ago
The XRP community is once again buzzing with fresh hopes. Santiment, a well-known intelligence platform, has revealed an optimistic insight for the crypto asset, which might lead to a firm price rebound. XRP Is Poised For Significant Rebound Santime...
Bitcoin News / Bitcoinist - 1 year ago
In a significant development, an American mother who was taken hostage by Hamas in Gaza, along with the relatives of two men who lost their lives in a terrorist attack, has filed a lawsuit against cryptocurrency exchange Binance. According to a Bloo...
Bitcoin News / Bitcoinist - 1 year ago
The Bitcoin price remained under pressure on February 1, hours after the United States Federal Reserve (Fed) held interest rates steady on January 31. The dip in the world’s most valuable cryptocurrency is unexpected. Recent data suggests that...
Bitcoin News / Bitcoinist - 1 year ago
Crypto analyst Ali Martinez recently presented a bullish narrative for Shiba Inuâs (SHIB) price, which could see the meme coin rise to as high as $0.011. This price prediction has no doubt raised some eyebrows, considering SHIBâs current price. How...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Bitcoin Inscription craze is dying as the miner revenue from transaction fees has plunged. Bitcoin Miner Revenue From Fees Has Dropped To Just 6% Now At the end of 2022, a new application of the Bitcoin blockchain emerged: the...
Bitcoin News / Bitcoinist - 1 year ago
As El Salvador approaches its national elections on Sunday, Vice President Felix Ulloa, in an exclusive interview with Reuters, outlined the government’s unwavering commitment to Bitcoin, especially in the context of President Nayib Bukele̵...
Bitcoin News / Bitcoinist - 1 year ago
In a surprising twist, Bitcoin has rapidly surpassed gold as the favored investment choice, fueled by the recent introduction of spot Bitcoin exchange-traded funds (ETFs). This significant change in investment preferences has reverberated through the...
Bitcoin News / Bitcoinist - 1 year ago
Kraken has secured a major victory in an ongoing legal battle between Ripple and a group of XRP investors. The crypto exchange intervened in the lawsuit to protect its customers’ data, arguing that the information of these individuals shouldnât...
Bitcoin News / Bitcoinist - 1 year ago
James âMetaLawManâ Murphy, a prominent crypto legal expert at Ludlow Street Advisors, has recently brought to light a contentious issue involving the United States Federal Reserve (Fed) and its alleged role in the “Operation Chokepoint 2.0,R...
Bitcoin News / Bitcoinist - 1 year ago
In a strategic move to enhance its regulatory influence, leading cryptocurrency exchange Coinbase has appointed former British finance minister George Osborne as a global advisor. Osborne’s extensive experience in economic policy and his tenure...
Bitcoin News / Bitcoinist - 1 year ago
Altcoins have taken a nosedive following the flagship cryptocurrency, Bitcoinâs move to the downside. However, based on a recent revelation by this crypto analyst, there is reason to believe that the general outlook in the crypto market might soon ch...
Bitcoin News / Bitcoinist - 1 year ago
After a protracted 18-month journey through the intricacies of bankruptcy proceedings, Celsius Network, a beleaguered crypto lender, has successfully concluded the distribution of assets exceeding $3 billion to its creditors. The labyrinthine process...
Bitcoin News / Bitcoinist - 1 year ago
Ethereum founder Vitalik Buterin is facing escalating scrutiny over alleged links between himself, the Ethereum Foundation and the colossal $450 million Gatecoin hack of 2016. The controversy, first ignited by on-chain investigations by TruthLabs (@B...
