Bitcoin News / Bitcoinist - 1 year ago
Data shows the Bitcoin shorts that had amassed after the recent crash have now been squeezed following the recovery in the asset’s price.
Bitcoin Shorts Take Beating As Price Shows Sharp Rebound
According to data from the on-chain analytics fir...
Bitcoin News / Bitcoinist - 1 year ago
The recent lawsuits filed by the US Securities and Exchange Commission (SEC) against leading cryptocurrency exchanges Coinbase and Binance have ignited a legal battle that is attracting the attention of renowned defense lawyers.
Among the attorneys m...
Bitcoin News / Bitcoinist - 1 year ago
The United States House of Representatives Financial Services Committee has set the date for the hearing on cryptocurrency, aiming to address its future and bring clarity to the digital assets ecosystem. House Financial Services Chairman Patrick McHe...
Bitcoin News / Bitcoinist - 1 year ago
Polygon has continued to struggle during the past day as on-chain data shows the MATIC exchange supply has spiked.
Polygon Exchange Supply Spikes As Whale Deposits Huge Stack
According to data from the on-chain analytics firm Santiment, a single whal...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin (DOGE) recently found itself entangled in the latest developments in the financial world. As the digital currency followed the broader market’s downward trend, news broke that the US Securities and Exchange Commission (SEC) had taken l...
Bitcoin News / Bitcoinist - 1 year ago
Kim Kardashian’s attempt to convince a judge to dismiss a cryptocurrency lawsuit against her has been unsuccessful. The lawsuit alleges that she engaged in fraudulent activities by promoting EthereumMax, a cryptocurrency, and misleading investo...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin (BTC) investors witnessed a lucrative month in May, as the world’s most renowned cryptocurrency showcased its resilience and delivered robust returns. However, in the face of the changing market sentiment, a looming legal battle threate...
Bitcoin News / Bitcoinist - 1 year ago
On June 5, 2021, El Salvador made waves across the financial space when its bill to make Bitcoin a legal tender in the country was first made public. Since then, the North American country has gone on to completely implement BTC as a legal tender in...
Bitcoin News / Bitcoinist - 1 year ago
In a recent interview, Gary Gensler, the U.S. Securities and Exchange Commission (SEC) Chair, declared that the United States does not require any other digital currency.
As the SEC takes legal action against major cryptocurrency exchanges Binance a...
Bitcoin News / Bitcoinist - 1 year ago
Following the increased regulatory oversight over the crypto industry, the United States Securities and Exchange Commission (SEC) has filed an emergency motion for a temporary restraining order against Binance Holdings Limited, BAM Trading Services,...
Bitcoin News / Bitcoinist - 1 year ago
Following the announcement of the United States Securities and Exchange Commission (SEC) filing lawsuits against major cryptocurrency exchanges Binance and Coinbase, the regulator is now facing backlash from prominent crypto and blockchain lawyers. N...
Bitcoin News / Bitcoinist - 1 year ago
The increased oversight by the US Securities and Exchange Commission (SEC) towards the crypto industry has prompted both the community and regulators to question the approach taken by the US watchdog.
In a recent testimony before the US House Commit...
Bitcoin News / Bitcoinist - 1 year ago
On Monday, the United States Securities and Exchange Commission (SEC) dealt a significant blow to the crypto market by filing a lawsuit against Binance, one of the world’s largest crypto exchanges, and its CEO, Changpeng Zhao.
The lawsuit alle...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development that caused a temporary disruption in the crypto world, major cryptocurrency exchange Kraken faced issues with its crypto funding gateways, leading to delays in deposits and withdrawals.
However, the exchange swiftly responde...
Bitcoin News / Bitcoinist - 1 year ago
The fallout from the collapse of major crypto exchange FTX continues, as the liquidator attempts to recover nearly $4 billion for creditors from another bankrupt crypto firm, Genesis Global Capital (GGC).
According to Wired, the court in the Souther...
Bitcoin News / Bitcoinist - 1 year ago
A Manhattan-based publication American Banker focused on the financial industry, has revealed Ripple’s efforts in ensuring secure minting and distribution of Central Bank digital currencies and stablecoins.
The financial reporter noted that Ripple...
Bitcoin News / Bitcoinist - 1 year ago
Two Congressmen in the United States recently blamed crypto companies as the country’s key source of tax evasion. In a letter to the Heads of the Treasury and the Internal Revenue Service, the congressmen push for tax laws specifically for the...
Bitcoin News / Bitcoinist - 1 year ago
Louis Vuitton is diving deeper into the world of NFTs. They have just announced a new “Treasure Trunks” collection that combines physical and digital elements. By owning these iconic ‘Treasure Trunks’, people can access future...
Bitcoin News / Bitcoinist - 1 year ago
The U.S. Securities and Exchange Commission (SEC) filed a complaint against crypto exchange Coinbase over allegedly trading unregistered securities. According to a document filed with the Southern District of New York, the regulator claims that the c...
Bitcoin News / Bitcoinist - 1 year ago
Atomic Wallet has joined the growing list of hack incidents in crypto and DeFi protocols this year. On June 3, several Atomic Wallet users reported that their entire portfolio vanished from the app with transaction history erased.
Then in a June 5 r...
Bitcoin News / Bitcoinist - 1 year ago
Rare satoshis have the potential to become the next major frenzy in the world of cryptocurrency, following the recent hype surrounding BRC-20 ordinals inscriptions and the craze for minting meme coins.
To provide some background, the Ordinals Protoc...
Bitcoin News / Bitcoinist - 1 year ago
Data shows the crypto futures market has registered liquidations of almost $300 million in the past day as Bitcoin has plunged below $26,000.
Crypto Futures Market Liquidations Spike As Bitcoin & Others Crash
A futures contract is said to be R...
Bitcoin News / Bitcoinist - 1 year ago
Meme coins may be facing a daunting threat to their existence. The coders and validators of the Bitcoin blockchain, the very foundation on which these meme coins operate, are contemplating their removal.
This pivotal decision comes in the wake of a...
Bitcoin News / Bitcoinist - 1 year ago
The United States Securities and Exchange Commission (SEC) has lodged a case against Binance, the world’s largest cryptocurrency exchange by trading volumes, pressing 13 charges, including one where they accuse the ramp of allegedly allowing th...
Bitcoin News / Bitcoinist - 1 year ago
The recent Securities and Exchange Commission (SEC) complaint against Binance has raised concerns among supporters of the cryptocurrency industry, with some fearing that it is part of a larger plan to implement “operation chokepoint 2.0” in the Unite...