Bitcoin News / Bitcoinist - 1 year ago
Shiba Inu and its community have had to endure some difficult periods following the launch of the layer-2 network Shibarium. Despite this, on-chain data suggests many are still bullish on the ecosystem following a series of high-volume transactions. ...
Bitcoin News / Bitcoinist - 1 year ago
Bart Stephens, the co-founder of Blockchain Capital, a prominent venture fund specializing in cryptocurrency investments, has reportedly fallen victim to an alleged SIM swap hack that cost him a staggering loss of $6.3 million worth of digital assets...
Bitcoin News / Bitcoinist - 1 year ago
On August 18, lawyers of disgraced FTX founder Sam Bankman-Fried (SBF) requested that their client only be jailed on weekends and released on weekdays to work on his defense. US District Judge Kaplan has made an order to that effect but it is a far c...
Bitcoin News / Bitcoinist - 1 year ago
Data shows Cardano (ADA) has finally surpassed Polkadot (DOT) to become the number 1 cryptocurrency in development activity. Cardano Has Seen The Most Development Activity In 30 Days In a new post on X, the on-chain analytics firm Santiment has revea...
Bitcoin News / Bitcoinist - 1 year ago
The US Securities and Exchange Commission (SEC) is known for coming down hard on the digital assets industry, including accusing several firms of trading “unregistered securities.” This time around, the regulator has charged a crypto fund with mislea...
Bitcoin News / Bitcoinist - 1 year ago
Friend.tech, the pioneering decentralized social media platform developed by the creators of Stealcam, has taken the digital world by storm in its mere two weeks of existence. This innovative app, built on Coinbase’s Base scaling network for E...
Bitcoin News / Bitcoinist - 1 year ago
In a recent analysis titled “2024 Halving Analysis: Understanding Market Cycles and Opportunities Created by the Halving,” Blockware Intelligence delves into the intriguing possibility of Bitcoin’s price reaching $400,000 during the...
Bitcoin News / Bitcoinist - 1 year ago
Following the abrupt halt in operations due to unanticipated high traffic immediately after its mainnet launch, the layer-2 network of Shiba Inu, Shibarium, is reportedly making its way towards a public relaunch tomorrow. The details were revealed in...
Bitcoin News / Bitcoinist - 1 year ago
For the first time since early January, Bitcoin is changing hands below a critical support band and the 20-week moving average, evident in the weekly chart. An analyst on X, formerly Twitter, pointed out this formation and has since raised questions...
Bitcoin News / Bitcoinist - 1 year ago
The total value locked (TVL) in Starknet, a layer-2 scaling solution for Ethereum using ZK-Rollup, is down nearly 50%, L2Beat data on August 21 shows. At this pace, the contraction in Starknet’s TVL is among the fastest in the layer-2 scene and...
Bitcoin News / Bitcoinist - 1 year ago
In a recent court filing on Sunday, bankrupt cryptocurrency exchange FTX disclosed that it had revised its motion for settlement after facing objections from the US Trustee. Despite criticizing the US Department of Justice (DOJ) representatives for...
Bitcoin News / Bitcoinist - 1 year ago
The crypto market was thoroughly shaken up last week when the prices of assets in the space crashed rapidly. As a result, over 170,000 traders lost their positions, amounting to more than $1 billion in losses. However, not all crypto traders suffered...
Bitcoin News / Bitcoinist - 1 year ago
In a significant development for USD Coin (USDC), Coinbase and Circle, the two companies behind the stablecoin, have reached a new agreement that brings changes to its governance and funding. This move comes at a crucial juncture as USDC faces evolv...
Bitcoin News / Bitcoinist - 1 year ago
Up until this past week, bulls have been in charge of Bitcoin price action, maintaining a series of higher high and higher lows. While that uptrend structure isn’t yet broken, a tool that reveals the underlying strength of a trend points to bears hav...
Bitcoin News / Bitcoinist - 1 year ago
Data shows the Bitcoin open interest has continued to climb recently, a sign that another violent move may be brewing for the asset. Bitcoin Open Interest Is Steadily Going Up Right Now In a new post on X, Maartunn, the community manager at CryptoQua...
Bitcoin News / Bitcoinist - 1 year ago
Mentions of Spot Bitcoin ETFs have been constant in the crypto and traditional investment industries in recent months as many investors wait on the SEC’s decision. However, some players have constantly played down the possibility of Bitcoin spo...
Bitcoin News / Bitcoinist - 1 year ago
The non-fungible token (NFT) market has primarily been in a downtrend in terms of trading volume since this year began and is presently undergoing a significant transformation. Recent data from Stocktwits NFT, a multichain NFT data source has indica...
Bitcoin News / Bitcoinist - 1 year ago
The global crypto market already boasts an impressive market cap of over $1 trillion. However, a report from Northern Trust in collaboration with HSBC, says that this figure could still rise exponentially, and a Wall Street analyst has suggested that...
Bitcoin News / Bitcoinist - 1 year ago
The metaverse, a digital realm where individuals immerse themselves in virtual universes and online experiences, has garnered significant attention for its potential to reshape how we interact, work, and play. However, as the metaverse gains momentu...
Bitcoin News / Bitcoinist - 1 year ago
The new decentralized social media app Friend.tech has made waves in the past week and has taken the crypto world by storm. Within two weeks of its launch, trading fees from the social media app have grown to rival top cryptocurrencies like Bitcoin a...
Bitcoin News / Bitcoinist - 1 year ago
The high prevalence of crypto-related crimes has prompted exchanges to tighten security protocols to mitigate associated risks. In the latest development, cryptocurrency exchange Bitget announced that it is adjusting the “know your customer” (KYC) re...
Bitcoin News / Bitcoinist - 1 year ago
Ethereum (ETH) is once again under the spotlight as the cryptocurrency market flirts with the influence of traditional financial instruments. The hype centers around the possibility of multiple Ethereum futures exchange-traded funds (ETFs) being lis...
Bitcoin News / Bitcoinist - 1 year ago
Data shows the Bitcoin mining hashrate has only continued to rise recently, suggesting that the miners may not care too much about the crash. Bitcoin Mining Hashrate Has Set Another All-Time High As Bitcoin is a Proof-of-Work (PoW) network, chain val...
Bitcoin News / Bitcoinist - 1 year ago
Despite the decentralized nature of cryptocurrencies, authorities have in the past made several seizures of cryptocurrencies. This time around, a recent filing by the Federal Bureau of Investigation (FBI) revealed that the agency confiscated close to...
Bitcoin News / Bitcoinist - 1 year ago
From the battle to get a Bitcoin Spot ETF approved and the political as well as macroeconomic undercurrents impacting crypto to pioneering platform launches and technological innovations, this week is once again jam-packed with important events. Here...
