Bitcoin News / Bitcoinist - 1 year ago
Canadian top crypto mining firm Hut 8 Mining Corp has obtained a million-dollar credit facility from the American crypto exchange Coinbase lending subsidiary.
According to a press release today, June 26, Hut 8 announced that with its subsidiary Hut 8...
Bitcoin News / Bitcoinist - 1 year ago
Following the recent decision to abandon its proposed acquisition of Prime Trust, BitGo CEO Mike Belshe revealed that the cryptocurrency custodian has several other investments in the works.
In an interview with First Mover on Monday, Belshe stated:...
Bitcoin News / Bitcoinist - 1 year ago
There are about four days left to go before the first half of 2023 in crypto comes to a close, and with it the 6M Bitcoin candle.
The high timeframe BTCUSD chart is close to forming a potential bullish reversal pattern, but is currently falling short...
Bitcoin News / Bitcoinist - 1 year ago
Matter Labs, the team behind zkSync Era, has launched an open-source framework for building zk-rollups and layer-3s called the “ZK Stack.”
This framework will enable developers to create independent “hyperchains” powered by z...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin has been on a winning streak over the last week with its price rising above $31,000 once more and this recovery has seen its market dominance climb rapidly. As the digital asset currently sits just above $30,000, its market dominance has rema...
Bitcoin News / Bitcoinist - 1 year ago
“Crypto is Culture” is one of the main themes behind the ETHBarcelona Conference. The community-led event is gearing up for its second edition at one of the most important civic centers in the world, with a promise of highlighting Ethereum and crypto...
Bitcoin News / Bitcoinist - 1 year ago
The Chinese central bank’s financial services clearing counterparty, the Shanghai Clearing House, launched digital yuan (a CBDC) clearing and settlement services on Monday, July 26.
According to a June 26 announcement, the latest services enab...
Bitcoin News / Bitcoinist - 1 year ago
After reaching a high of $31,000, Bitcoin (BTC) has corrected down to the $30,500 line, experiencing a key period of consolidation above this significant psychological level for bulls. Despite this correction, experts are optimistic about BTC’s futur...
Bitcoin News / Bitcoinist - 1 year ago
Swiss prosecutors have taken possession of approximately $26 million worth of crypto assets and US dollars belonging to Do Kwon, the imprisoned co-founder of Terraform Labs (TFL).
Now, the New York Federal Prosecutors Office and the United States Sec...
Bitcoin News / Bitcoinist - 1 year ago
Crypto exchange Gemini has initiated the process of withdrawals for victims in the Voyager bankruptcy case. This announcement is expected to offer some relief to interested parties who have been anticipating the reopening of withdrawals.
Voyager Digi...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows that Bitcoin’s “exchange inflow mean” has observed a spike recently, something that could be bearish for the asset’s value.
Bitcoin Exchange Inflow Mean Has Spiked To High Values
As pointed out by an analys...
Bitcoin News / Bitcoinist - 1 year ago
Binance is looking to make the UAE its key operational hub to drive mainstream Web3 adoption, particularly in the Middle East. With crypto-friendly regulations, world-class infrastructure, and a forward-thinking government, the UAE ticks all the boxe...
Bitcoin News / Bitcoinist - 1 year ago
HSBC, Hong Kong’s largest bank, has made a historic move by opening its doors to cryptocurrency investments. The bank has reportedly started offering its customers access to Bitcoin and Ethereum Exchange-Traded Funds (ETFs) listed on the Hong Kong ex...
Bitcoin News / Bitcoinist - 1 year ago
Analysts foresee a potential breakout as Bitcoin (BTC) grabs the positive market sentiment generated from BlackRock’s spot BTC ETF filing. This comes as the BTC price has remained above $30,000 despite a slight correction in the crypto market o...
Bitcoin News / Bitcoinist - 1 year ago
Crypto related transactions have put a South Korean lawmaker under scrutiny, leading to potential disciplinary actions as an advisory panel of the country’s parliamentary ethics committee set a meeting for Monday. The allegations against the fi...
Bitcoin News / Bitcoinist - 1 year ago
The National Tax Agency of Japan released an updated version of its corporate tax guidelines, introducing significant changes to the crypto taxation rules for digital token issuers. This revision focuses explicitly on eliminating taxes on unrea...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data from Glassnode shows 96.9% of Bitcoin short-term holders are in profit following the asset’s rally above the $30,000 level.
Bitcoin Rally Has Taken A Large Number Of Short-Term Holders Into Profit
According to data from the on-cha...
Bitcoin News / Bitcoinist - 1 year ago
An upcoming documentary about Satoshi Nakamoto will delve into the fascinating realm of cryptocurrencies and the enigmatic figure behind Bitcoin.
Produced by Paul Kemp Productions and All3Media International, “Searching For Satoshi: The Mysterious D...
Bitcoin News / Bitcoinist - 1 year ago
As crypto continues to break boundaries in the global financial scene, demand for crypto transactions is growing steadily among various institutions. Sygnum AG, a significant player in the digital asset sphere, is capitalizing on this trend, anticipa...
Bitcoin News / Bitcoinist - 1 year ago
Binance is increasingly coming under pressure in Europe as well. The world’s largest cryptocurrency exchange by trading volume is currently facing a lawsuit from the US Securities and Exchange Commission. But the exchange also seems to have a h...
Bitcoin News / Bitcoinist - 1 year ago
Terra Classic recently unveiled a joint governance proposal centered around liquid staking derivatives. Building upon the momentum generated by this innovative initiative, another team has emerged with an ambitious proposal to bolster the platform...
Bitcoin News / Bitcoinist - 1 year ago
As the Bitcoin and crypto market continues to be locked in a tight range, investors are eagerly eyeing the upcoming week for potential catalysts that could break the current stalemate. Several macroeconomic events, along with a significant technical...
Bitcoin News / Bitcoinist - 1 year ago
John Deaton, the lawyer representing XRP holders, recently ignited a discussion on Twitter that delved into the vast potential of Bitcoin. He posed an intriguing question, contemplating whether the cryptocurrency could one day rival the market capita...
Bitcoin News / Bitcoinist - 1 year ago
Joseph O’Connor, a British hacker who operated under the pseudonym PlugwalkJoe, has been given a five-year prison sentence in the United States. His conviction stems from his involvement in a SIM swap attack targeting a high-profile cryptocurre...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin price is back above $30,000 per coin, but the market is still in disbelief, skeptical that a bull run is back across crypto.
However, updated monthly charts for Gold (XAU) and the US dollar via the Dollar Currency Index (DXY) could provide ea...