Bitcoin News / Bitcoinist - 1 year ago
On December 4th, Bitcoin (BTC) witnessed an unexpected surge in its age-consumed metric, indicating a significant increase in previously inactive coins entering circulation.
This remarkable development, marked by a 400% surge in a 24-hour period, cou...
Bitcoin News / Bitcoinist - 1 year ago
Citing data from BitInfoCharts, @GRomePow took to X on December 4 to reveal that a mere 0.04% of Bitcoin (BTC) addresses control 62% of the circulating supply, which stands at over 19.5 million according to CoinMarketCap at press time.
0.04% Of Bitc...
Bitcoin News / Bitcoinist - 1 year ago
According to a recent Reuters report, a senior US regulator has suggested that the $4.3 billion settlement reached with Binance last month may represent a turning point in enforcement actions against cryptocurrency firms.
The settlement, which was a...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin (BTC) rallied over 10% in the past week, extending gains and reaching levels not seen since the Terra collapse in May 2022. This surge is attributed to increased institutional activity, particularly in the United States.
Average Bitcoin Trade...
Bitcoin News / Bitcoinist - 1 year ago
The European Commission (EC) is facing criticism from the crypto community over its proposed methodology to calculate and mitigate the “environmental” impact of Bitcoin.
Daniel Batten, co-founder of CH4 Capital, has expressed concerns th...
Bitcoin News / Bitcoinist - 1 year ago
Prominent figures in crypto, such as Hayden Adams, founder of Uniswap, and Ryan Sean Adams of Bankless Ventures, have recently shared insights highlighting Ethereum’s “intrinsic” value and the impact a spot Exchange-traded fund (ETF...
Bitcoin News / Bitcoinist - 1 year ago
According to a Reuters report, the cryptocurrency industry has witnessed a surge in lobbying spending as companies strive to repair their reputations and advocate for favorable legislation.
Despite facing regulatory scrutiny and high-profile scandal...
Bitcoin News / Bitcoinist - 1 year ago
The Shiba Inu community is on a rampage when it comes to burning SHIB tokens. After an incredibly successful burn campaign last week, the community is back to incinerating massive amounts of SHIB. This time around, the SHIB burn rate has seen perhaps...
Bitcoin News / Bitcoinist - 1 year ago
A popular crypto pundit has examined a forecast by XRP enthusiast, Edward Farina, who predicted the XRP price could reach $10,000 if the Ripple network replaces SWIFT and takes full control of the cross-border payments system.
Analyst Cautions XRP P...
Bitcoin News / Bitcoinist - 1 year ago
In a twist that signals a potential appeal, Sam Bankman-Fried, known as SBF, the embattled former CEO of FTX, has chosen not to file any post-trial motions. This decision revealed through a letter to Judge Lewis Kaplan on December 1st, marks a signif...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows that Bitcoin short-term holders may have sold BTC worth almost $4.5 billion during the past four days.
Bitcoin Short-Term Holders Show Largest Profit-Taking Event Since Nov. 2021
As analyst James V. Straten explained in a post on...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin price is soaring at this very moment, now above $43,000 and potentially aiming much higher with a spot ETF approval almost a certainty.
While an all-time high in USD terms is still more than $20,000 away, the top cryptocurrency by market cap...
Bitcoin News / Bitcoinist - 1 year ago
While the Dogecoin price has seen positive headwinds over the last year, it has no doubt performed poorly compared to some altcoins in the market. This could mean that there is a delayed rally coming for the altcoin and this could suggest a massive p...
Bitcoin News / Bitcoinist - 1 year ago
Shiba Inu’s layer 2 (L2) blockchain project, Shibarium, is set for a pivotal upgrade, transitioning its testnet, Puppynet, from the Ethereum Goerli Network to the Sepolia Network. This transition, effective from December 15, 2023, marks a signi...
Bitcoin News / Bitcoinist - 1 year ago
In partnership with Warner Music Group and the late rapper’s estate, the Ethereum metaverse has formally embraced the legacy of Notorious B.I.G. with the opening of an exciting new experience.
Hip-hop enthusiasts will soon be able to play a uni...
Bitcoin News / Bitcoinist - 1 year ago
Binance, the world’s leading cryptocurrency exchange, has introduced a zero-fee trading initiative for six FDUSD spot and margin trading pairs in the thick of the surge in the cryptocurrency market lately.
Zero-Fee Trading Initiative By Binance...
Bitcoin News / Bitcoinist - 1 year ago
The world’s largest asset manager, BlackRock, seems to be forging ahead with its plan to launch its Spot Bitcoin ETF, subject to approval by the SEC. A recent development shows that the asset manager already seeded this fund as part of its preparatio...
Bitcoin News / Bitcoinist - 1 year ago
In the world of digital assets, 2023 has seen a noticeable comeback for cryptocurrencies like Ethereum and Bitcoin. This rebound has not only signaled a turnaround but has also been crucial in drawing significant inflows into bitcoin funds all year l...
Bitcoin News / Bitcoinist - 1 year ago
Ethereum insider Steven Nerayoff has issued a scathing critique of the US Securities and Exchange Commission (SEC), following a recent controversy involving the regulatory body and crypto firm DEBT Box. Nerayoff’s comments, which are steeped in...
Bitcoin News / Bitcoinist - 1 year ago
Terraform Labs has landed a huge blow against the Securities and Exchange Commission (SEC) in its ongoing legal battle with the Commission. Lawyers representing the crypto firm have called the Commission’s conduct into question and used a recent case...
Bitcoin News / Bitcoinist - 1 year ago
The much-awaited trailer for Rockstar Games’ GTA VI was leaked ahead of its official unveiling with a large “BUY $BTC” caption.
GTA VI Trailer Leaks Early With Buy BTC Logo, Rockstar Responds With Official Reveal
According to a post...
Bitcoin News / Bitcoinist - 1 year ago
Samson Mow, the Bitcoin advisor to El Salvador’s President Nayib Bukele and the architect behind the Vulcano Bonds, has unveiled his strategic blueprint for newly elected Argentinian President Javier Milei. The Austrian economist will be inaugu...
Bitcoin News / Bitcoinist - 1 year ago
In a recent court case that Le Monde reported, a French court cleared the people accused of planning the $8.5 million hack of Platypus Finance, an Automated Market Maker protocol running on the Avalanche blockchain in February 2023, of all charges.
T...
Bitcoin News / Bitcoinist - 1 year ago
According to recent reports, a crypto YouTuber and his former girlfriend face serious allegations in a recent lawsuit filed by a Minnesota power company. The lawsuit alleges that the couple attempted to bribe employees to upgrade a Bitcoin (BTC) mine...