Bitcoin News / Bitcoinist - 1 year ago
As anticipation mounts for the approval of Bitcoin exchange-traded funds (ETFs), recent findings from a Brown Brothers Harriman (BBH) survey have sent shockwaves through the crypto market. The survey, conducted among 325 global participants managing...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, Polygon Labs has unveiled a proposal to upgrade its native token, MATIC, to a new token called POL. The announcement, made through a blog post, introduces POL as a next-generation protocol token that aims to become a major dr...
Bitcoin News / Bitcoinist - 1 year ago
The Internal Revenue Service, or IRS, along with United States prosecutors, is currently investigating crypto traders and fund managers who possess significant wealth. These individuals are being scrutinized for their suspected participation in...
Bitcoin News / Bitcoinist - 1 year ago
Binance’s BNB Chain is set to undergo the “ZhangHeng” upgrade later this month as the issue of network security continues to be a persistent concern in the cryptocurrency markets. According to the developers working on the project,...
Bitcoin News / Bitcoinist - 1 year ago
The impending ruling in the high-profile legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has played a pivotal role in reshaping the liquidity dynamics in the crypto market. In a recent update to their quarterly crypt...
Bitcoin News / Bitcoinist - 1 year ago
A recent report from PwC has highlighted an interesting dynamic: despite an overall decrease in traditional hedge funds’ participation in crypto, confidence in the sector’s long-term prospects seems stronger than ever. Though this might s...
Bitcoin News / Bitcoinist - 1 year ago
Crypto scams have experienced a significant decline of 77% in the first half of 2023, plummeting from a staggering $3.3 billion to $1.1 billion, as shown in a recent report from blockchain intelligence firm, Chainalysis. This encouraging trend marks...
Bitcoin News / Bitcoinist - 1 year ago
The much-anticipated approval of a Bitcoin spot ETF in the United States faces a new hurdle as Securities and Exchange Commission (SEC) Chairman Gary Gensler appears to have cast doubt on the role of Coinbase’s surveillance sharing agreement (S...
Bitcoin News / Bitcoinist - 1 year ago
The United States Commodity Futures Trading Commission (CFTC) has won a default judgment against Adam Todd, CEO of Digitex Futures, and four companies he controlled, with the court ordering Todd to pay roughly $16 million in disgorgement and penaltie...
Bitcoin News / Bitcoinist - 1 year ago
Ethereum has followed Bitcoin unfailingly since its inception and this has allowed the altcoin to establish itself as the second-largest cryptocurrency in the market. Even now, Bitcoin’s trend tends to set the pace for the likes of ETH and other altc...
Bitcoin News / Bitcoinist - 1 year ago
According to a recent report by VentureBeat, Google Play has updated its policies to allow blockchain-based digital content, including non-fungible tokens (NFTs) and other tokenized digital assets, in its app store. The move is in response to the gr...
Bitcoin News / Bitcoinist - 1 year ago
Today, the Fantom Foundation addressed its community on the multi-million dollar exploit on Multichain, acknowledging the difficult situations of its network users, token holders, and liquidity providers (LPs). While awaiting “guidance” and an offic...
Bitcoin News / Bitcoinist - 1 year ago
The European Banking Authority (EBA) has released a statement today calling for early preparation in adopting the Markets in Crypto Assets (MiCA) regulations. Back in May, the European Council approved the newly formed MiCA regulations, becoming the...
Bitcoin News / Bitcoinist - 1 year ago
The crypto industry is known for being subject to prey from various criminals, but new data suggests that the pattern may be shifting in a positive direction. Crypto criminals seem to have been taking it a bit easy so far this year. According to Chai...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows that Bitcoin HODLers have continued to buy more of the asset recently, despite the price hitting stagnation. Bitcoin HODLers Continue To Show Strong Accumulation Behavior According to data from the on-chain analytics firm Glassnod...
Bitcoin News / Bitcoinist - 1 year ago
The State Duma, the lower chamber of the Federal Assembly of the Russian Federation, passed the digital ruble bill also known as Russia’s central bank digital currency (CBDC) in its third reading on July 11, 2023. This move brings the digital r...
Bitcoin News / Bitcoinist - 1 year ago
The top financial regulator in South Korea has now mandated crypto-related companies to be more detailed in their financial statements. The new rule, which will kick off in January 2024, aims to boost transparency in crypto disclosures. The South Ko...
Bitcoin News / Bitcoinist - 1 year ago
ARK Invest, the pro-Bitcoin investment firm led by Cathie Wood, has sold a portion of its COIN holdings – a NASDAQ-traded stock of Coinbase, a cryptocurrency exchange. Ark Invest Sells Coinbase Shares On July 11, Bloomberg data showed that ARK...
Bitcoin News / Bitcoinist - 1 year ago
The contraction phase of the cryptocurrency market cycle appears to be coming to an end. Led by a recovery in Bitcoin, renewed optimism in the digital asset space is driving a resurgence in a variety of sub-sectors of the crypto industry. In categori...
Bitcoin News / Bitcoinist - 1 year ago
FTX, the insolvent cryptocurrency exchange, encountered a setback as its newly launched customer claims portal unexpectedly went offline shortly after its debut. The portal, aimed at facilitating the submission of proof-of-claims by FTX creditors, d...
Bitcoin News / Bitcoinist - 1 year ago
In an effort to enhance the adoption of the Central Bank Digital Currency (CBDC) and explore the potential of digital currencies, the Reserve Bank of India (RBI) has urged more lenders to participate in digital currency pilot programs. With trials o...
Bitcoin News / Bitcoinist - 1 year ago
A bullish divergence may be forming for both Bitcoin and Ethereum if the data of this on-chain indicator is anything to go by. Bitcoin & Ethereum Net Realized Profit/Loss Has Turned Negative Recently According to data from the on-chain analytics...
Bitcoin News / Bitcoinist - 1 year ago
A hacker has been charged by a New York prosecutor for exploiting a decentralized exchange (DEX) on the Solana blockchain. The individual in question is currently facing legal consequences for allegedly taking undue advantage of vulnerabilities in th...
Bitcoin News / Bitcoinist - 1 year ago
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Bitcoin News / Bitcoinist - 1 year ago
Crypto tax laws have taken a positive turn as United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo recently published an open letter aimed at soliciting feedback from the digital asset community regarding th...
