Category : Bitcoinist

Bitcoinist

Oops: A Bitcoin Whale Just Paid $3.1 Million In Fees

On-chain data shows a Bitcoin whale has just made a transaction with a network fee of a whopping $3.1 million attached. A Bitcoin Transaction With A Fee Of 83 BTC Has Occurred On The Chain Today According to data from the cryptocurrency transaction t...

100,000 Koreans To Test New Digital Won In Central Bank’s Pilot CBDC Program

Over the past two years, the Asian region has been racing to launch Central Bank Digital Currencies (CBDC), and the Digital Won is the latest to enter a critical stage, per a recent report. Bank of Korea Partners with Financial Authorities For Digit...

FTX Moves $36 Million In Polygon, Avalanche Tokens In Last 24 Hours – What’s Going On?

FTX Derivatives Exchange has carried out a new round of token transfers, with the latest data indicating that the defunct digital trading company traded about $36 million with Polygon (MATIC) and Avalanche (AVAX) in the last day. Spot on Chain analyt...

Bitcoin Spot ETF: What Was The Result Of The Meeting Between The SEC And BlackRock?

Bloomberg Analyst James Seyffart recently confirmed that the asset manager BlackRock had met with the Securities Exchange and Commission (SEC). The analyst also provided insights as to what the meeting was about, as many continue to speculate that ap...

Canadian Firm Set To Launch New XRP ETP In Europe Next Month

In a move signaling the increasing convergence of traditional finance and digital assets, DeFi Technologies Inc. has announced the launch of an XRP Exchange Traded Product (ETP) in Europe. Scheduled for early December 2023, this initiative is underta...

Bitcoin Coinbase Premium Gap Shoots Up, What Does It Mean?

Data shows the Bitcoin Coinbase Premium Gap has surged to highly positive values recently. Here’s what this says about the market. Bitcoin Coinbase Premium Gap Has Seen A Strong Increase Recently As pointed out by CryptoQuant Netherlands commun...

Dirty Crypto: $9 Million In Tether Seized By Feds In Silicon Valley

Federal investigators had confiscated $9 million worth of crypto connected to a Silicon Valley-based cyber scam group that had taken advantage of over 70 victims, the US Attorney’s Office for the Northern District of California disclosed on Tue...

Cardano Founder Shares What To Expect After Binance CEO’s Exit

The founder of Cardano has provided detailed insights into the impacts of the Binance CEO’s exit. He emphasized the shift in Binance’s management structure as it falls under the supervision of the US government. He also highlighted the possibil...

Former Binance CEO Faces Travel Restrictions Ahead Of Sentencing

Changpeng CZ Zhao, the former CEO of the world’s largest cryptocurrency exchange Binance, has recently been hindered by travel restrictions in the United States in advance of his sentencing expected to take place early next year. Binance Ex-CEO...

Bhutan Secretly Spent Millions On Its Bitcoin Mines: Report Reveals

The Kingdom of Bhutan, traditionally known for its pursuit of Gross National Happiness, has been engaging in a covert but extensive Bitcoin mining operation. According to Forbes, Bhutan has secretly spent millions building a national Bitcoin mining o...

KyberSwap DEX Suffers Multi-Chain Exploit Resulting In $50 Million Loss

Decentralized exchange (DEX) KyberSwap has become the latest decentralized finance (DeFi) protocol to fall victim to the activities of hackers. According to reports on Wednesday night, the DEX was exploited across multiple chains and drained of aroun...

Ethereum Insider Targeted By FBI For Knowledge About Elite SEC Corruption

Steven Nerayoff, an early adviser to the Ethereum network, has come forward with grave accusations against the US government’s law enforcement and regulatory agencies. His statements, made in response to a recent post on X by Senator Elisabeth...

CryptoQuant Analyst Thinks Bitcoin Will See A “Significant Pullback” Soon

A CryptoQuant analyst believes a significant pullback for Bitcoin could be inevitable based on the net taker volume indicator data. Bitcoin Net Taker Volume Has Plunged Into Negative Zone Recently As CryptoQuant Netherlands community manager Maartunn...

Genesis Launches New Lawsuit Against Gemini For ‘Unfair’ $700M Transfers Before Bankruptcy

In a dramatic turn of events, bankrupt crypto lender Genesis has initiated a new legal battle against its long-standing rival, Gemini. The lawsuit claims that Gemini received “unfair preferential transfers” of approximately $700 million s...

Whale Buys $5.5M Of ETH: Will Ethereum Bulls Cruise Past $2,100?

According to on-chain data platform Lookonchain, an unnamed crypto whale known for well-timed Ethereum (ETH) trades in the past, has purchased an additional $5.53 million worth of ETH on Binance amidst turbulent market conditions. Ethereum Whale Ram...

War On Bitcoin: Sen. Warren’s Covert Agenda For CBDC Supremacy Exposed

Elizabeth Warren, the US Senator known for her staunch opposition to cryptocurrencies and Bitcoin (BTC), has faced criticism from industry insiders who believe her motivations go beyond concerns about “illicit finance.” Two prominent figures in the...

Turning A New Page: Mt. Gox Ready To Distribute Millions In Cash To Creditors, Here’s When

Nearly a decade after its notorious collapse, Mt. Gox, once the titan of Bitcoin exchanges, is on the brink of initiating a repayment plan for its creditors. In a recent email, the exchange’s rehabilitation trustee, Nobuaki Kobayashi, conveyed the pl...

Back-To-Back Breaches: Another Justin Sun Platform Was Hacked, Commits To Covering Losses

Justin Sun, the founder of the TRON blockchain and the name behind prominent crypto exchanges, shared details about a recent hack. In less than a month, this is the second one of the platforms associated with the crypto founder to lose millions of do...

From Child Porn To Terrorist Organizations, A Rundown Of The Binance Charges

Binance has pleaded guilty to breaking US money laundering laws. The US Department of Treasury has highlighted all the criminal failings of Binance, charging the exchange for its negligence in reporting illicit transactions that occurred on its platf...

Crypto Tracker CoinGecko Snags NFT Startup Zash In Debut Acquisition

The world’s largest independent cryptocurrency data aggregator, CoinGecko, has revealed that it has acquired Zash, a prominent provider of data infrastructure and intelligence for non-fungible tokens (NFTs). The deal’s terms remained secr...

Bitcoin ETF Gets Nod From SEC Commissioner: No Roadblocks Ahead

In a recent interview with Bloomberg TV, SEC Commissioner Hester Peirce conveyed her pro-innovation and pro-Bitcoin ETF stance. She discussed critical aspects of digital asset regulation, emphasizing the need for a proactive approach toward building...

This Bitcoin Rally Is Different From Last Two, Glassnode Explains Why

The on-chain analytics firm Glassnode has explained why the current Bitcoin rally is looking different from the last two surges of this year. Bitcoin Has Seen Aggressive Accumulation Throughout The Latest Rally According to the latest weekly report f...

Ripple CTO Explores XRP Impact In Context Of Forgoing IPO

In a recent conversation on X, David “JoelKatz” Schwartz, the Chief Technology Officer of Ripple, delved into the intricate dynamics between XRP and the company’s decision to move away from a traditional Initial Public Offering (IPO). Thi...

Bitcoin Spot ETF: Grayscale Meets With SEC Division Responsible For Approvals

In a recent development, the asset manager Grayscale recently met with the Securities and Exchange Commission (SEC) in a move that could suggest that the approval of a Spot Bitcoin ETF is on the horizon. Why Grayscale’s Meeting With SEC Is Significa...

Ethereum Active Addresses Spike, What Does It Mean?

On-chain data shows the Ethereum active addresses have observed a large spike recently. Here’s what this could mean for ETH’s price. Ethereum Daily Active Addresses Have Seen A Surge Recently According to data from the on-chain analytics...

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