Bitcoin News / Bitcoinist - 2 years ago
In the turbulent world of crypto, even well-established players face hard times. Voyager Digital, a once-thriving cryptocurrency brokerage, now facing bankruptcy, is set to pay over $1 million for legal services provided in April. Voyager Digital...
Bitcoin News / Bitcoinist - 2 years ago
The UK Law Commission has emphasized the importance of developing legislation concerning crypto assets, positioning the country as a global center for cryptocurrencies and non-fungible tokens (NFTs). In their recent recommendation, the independent pa...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin (BTC) received a significant legal judgment from the Seoul High Court Civil Division, which has concluded that it should not be classified as money. This pivotal ruling exempts the leading cryptocurrency from adhering to the lending business...
Bitcoin News / Bitcoinist - 2 years ago
While the Bitcoin and crypto market has been extremely bullish in recent days as a result of spot ETF news, dark clouds are once again brewing over the market. The latest crypto drama could be the stablecoin TrueUSD (TUSD), which has lost its peg to...
Bitcoin News / Bitcoinist - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
Bitcoin price is currently consolidating above $30,000 per coin after a $5,000 rally from local 2023 lows. However, a new chart putting BTC up against the Nasdaq stock index suggests that the top crypto asset is merely gearing up for an explosive pus...
Bitcoin News / Bitcoinist - 2 years ago
As 2024 draws near and anticipation around the next Bitcoin halving continues to grow, crypto investors have become increasingly bullish. However, the halving, while being perhaps the most important event for each bull market, is not the only major e...
Bitcoin News / Bitcoinist - 2 years ago
Switzerland looks set to join the growing list of nations conducting a Central Bank Digital Currency (CBDC) pilot. According to a report by Reuters, the Swiss National Bank (SNB) is set to begin a wholesale CBDC pilot in conjunction with the Swiss co...
Bitcoin News / Bitcoinist - 2 years ago
Israel recently seized millions of dollars worth of cryptocurrency in digital wallets allegedly linked to Iran’s Quds Force and Hezbollah, the Iran-backed terror group based in Lebanon. Cryptocurrencies are known for their anonymous nature and have...
Bitcoin News / Bitcoinist - 2 years ago
Bloomberg has reported that liquidators responsible for the bankrupt hedge fund Three Arrows Capital (3AC) seek to recover approximately $1.3 billion in funds from the fund’s co-founders, Su Zhu and Kyle Davies. This news comes one year after...
Bitcoin News / Bitcoinist - 2 years ago
In what appears to be another rug pull in the decentralized finance (DeFi) space, the team behind Chibi Finance has absconded with more than $1 million worth of various assets. Following the protocol’s launch earlier today, users’ funds were swiftly...
Bitcoin News / Bitcoinist - 2 years ago
Founded in 2017, Bitbns embarked on a strategic endeavor to establish itself as a prominent cryptocurrency exchange, aiming to provide individuals with a seamless entryway into the world of crypto. However, the morning of July 27, 2023, brought an un...
Bitcoin News / Bitcoinist - 2 years ago
A travel company based in New Zealand and operating in Kiwi has reportedly suffered significant financial losses due to cryptocurrency trading. This comes as the company recently announced its decision to cease operations. We Are Bamboo, the NZ-based...
Bitcoin News / Bitcoinist - 2 years ago
Fidelity, one of the largest asset managers in the world, is reportedly preparing to submit its filing for a spot Bitcoin (BTC) exchange-traded fund (ETF). According to an anonymous source cited by The Block, the filing could be submitted as early a...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows that Bitcoin miners have deposited around 315% of their daily revenue to exchanges recently, a new all-time high. Bitcoin Miners Have Sent $128 Million To Exchange Addresses According to data from the on-chain analytics firm Glass...
Bitcoin News / Bitcoinist - 2 years ago
While cryptocurrencies are widely known for running on blockchain technology, the Bank of England’s upcoming digital pound, colloquially known as ‘Britcoin’, could end up operating on non-blockchain software. The bank is considering...
Bitcoin News / Bitcoinist - 2 years ago
Hong Kong has taken a significant step forward in embracing crypto as it re-opened its doors to the world of digital assets at the beginning of the month. In a bid to position itself as a leading global financial hub for innovative technologies, the...
Bitcoin News / Bitcoinist - 2 years ago
In the world of crypto, the influence of regulatory decisions is profound. Recently, emerging ecosystem tokens witnessed a considerable downturn in market capitalization. This shift comes in the wake of the United States Securities and Exchange Commi...
Bitcoin News / Bitcoinist - 2 years ago
On May 18, Binance Australia made an announcement regarding the suspension of its dollar services. This action was taken in response to instructions received by Zepto, Binance’s payments provider, who was directed to cease their support for Bin...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the largest Ethereum whales have continued to buy recently as their holdings have reached a new all-time high. Ethereum’s Top 10 Self-Custodial Wallets Have Grown Their Supply Recently According to data from the on-chain ana...
Bitcoin News / Bitcoinist - 2 years ago
The blockchain software company Perrsyst has been developing an Ethereum-compatible sidechain in cooperation with Ripple for quite some time now. In October last year, both companies released the first phase of an Ethereum Virtual Machine (EVM) sidec...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data by LookOnChain, an analytics platform, shows that Jump Trading, a quant trading firm, has rapidly accumulated several decentralized finances (DeFi) tokens over the last week. Their move came when Bitcoin prices roared above $31,000, spa...
Bitcoin News / Bitcoinist - 2 years 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 - 2 years 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 - 2 years 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...
