Bitcoin News / Bitcoinist - 2 years ago
Elon Musk, the self-acclaimed “Dogefather,” has asked a US Judge to dismiss a $258 billion lawsuit filed against him in 2022. The lawsuit accuses Musk of manipulating the price of Dogecoin in a Ponzi-like manner leading investors to lose...
Bitcoin News / Bitcoinist - 2 years ago
The founder of Tron network and popular crypto figure Justin Sun is reportedly engaging in talks about selling a stake in the crypto exchange Huobi Global. According to a report by Bloomberg, this development was revealed by a person that is close to...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin has recently been rising in the midst of widespread banking sector issues, prompted by Silicon Valley Bank.
But bank runs have been a recurring issue throughout history, causing significant damage to the economy.
The collapse of major banks a...
Bitcoin News / Bitcoinist - 2 years ago
The popular crypto-friendly country El Salvador has taken a huge step to improve economic growth via technology. It recently reviewed its tax system exempting technology innovations to boost developments.
Recall that El Salvador was the first countr...
Bitcoin News / Bitcoinist - 2 years ago
After Trump made history by becoming the first incumbent US president to be indicted on criminal charges, his NFT collection is having a blast.
Interest in the collection, which was launched in December to widespread derision, skyrocketed after he wa...
Bitcoin News / Bitcoinist - 2 years ago
XRP, the cryptocurrency of the Ripple network, has experienced significant price growth in recent weeks, registering an increase of 14% in the last week alone. This marks an appreciation of over 40% for the asset in the last 30 days, positioning it a...
Bitcoin News / Bitcoinist - 2 years ago
Popular cryptocurrency trading platform, Bittrex, has announced it will be ceasing operations in the United States beginning from next month. According to a post via their official Twitter handle, Bittrex states that this move comes as a result of th...
Bitcoin News / Bitcoinist - 2 years ago
After recovering its bullish momentum, the largest cryptocurrency in the market, Bitcoin (BTC), briefly broke above its key resistance level of $28,700. However, the cryptocurrency retracted and returned to trading within its range formed in the last...
Bitcoin News / Bitcoinist - 2 years ago
Dogecoin (DOGE) came into the spotlight during the 2021 bull market after mounting an impressive rally fueled by billionaire Elon Musk posting about the coin on his Twitter account. However, the meme coin has since lost most of those gains as the bea...
Bitcoin News / Bitcoinist - 2 years ago
The world of crypto assets has seen significant growth in recent years, with the total market capitalization reaching over $3 billion in November 2021. A new sector within the cryptocurrency industry is poised to continue the trend and explode in gro...
Bitcoin News / Bitcoinist - 2 years ago
On March 31, Binance.US, a US-based subsidiary, announced that it had temporarily suspended trading for stablecoin pairs involving Binance USD (BUSD) through One Common Billing System (OCBS).
The suspension was due to an ongoing investigation by the...
Bitcoin News / Bitcoinist - 2 years ago
While some have continued to increase their investment in Bitcoin due to their belief the asset still has a long way to go in value, prominent crypto analyst Alex Krüger has argued otherwise. In one of his Twitter posts published on March 31, the ana...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the Polygon network growth has been rising while the price has consolidated, a divergence that may be bullish for the price.
Polygon Network Growth Has Been Trending Up Recently
As pointed out by an analyst on Twitter, a bearish d...
Bitcoin News / Bitcoinist - 2 years ago
The EU-based subsidiary of the FTX exchange has taken up the challenge to pay back users who lost their investments last year. The EU branch had only operated for seven months after its launch before the parent exchange collapsed.
It recently launche...
Bitcoin News / Bitcoinist - 2 years ago
Today, March 31, is of utmost importance for the Bitcoin price for three reasons: the quarterly settlement day for Bitcoin options, the release of the Personal Consumption Expenditure (PCE) price index in the US, and the monthly close candle for BTC,...
Bitcoin News / Bitcoinist - 2 years ago
Crypto is on the brink of collapse, and renowned economist Nouriel Roubini, also known as “Dr. Doom,” is declaring its impending demise.
With a tone of both vindication and warning, Roubini points to the latest development in the U.S. Se...
Bitcoin News / Bitcoinist - 2 years ago
Bitget is a cryptocurrency exchange platform established in 2018 that offers different services and products, specializing in futures trading and copy trading services. The platform boasting over 8 million users across 100 countries and regions is de...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin (BTC) has once again found itself in the crosshairs of government scrutiny as the Supreme Court of Denmark delivers a groundbreaking verdict – Bitcoin profits are now officially taxable.
In two decisive judgments, the justices have set...
Bitcoin News / Bitcoinist - 2 years ago
In a recent Intuit survey, accountants in the United States have recognized the impact of technology on their businesses. Nearly half of those surveyed are ready to splash on blockchain and artificial intelligence (AI) solutions to grow and serve the...
Bitcoin News / Bitcoinist - 2 years ago
The crypto industry and the banking sector are closely correlated, with many crypto exchanges using banks to hold funds and process transactions.
Changes in banking regulations can impact the crypto industry, which has been seeking greater legitimacy...
Bitcoin News / Bitcoinist - 2 years ago
Greenpeace’s smear campaign against Bitcoin has picked up steam again in recent days. Greenpeace published an article in which the environmental organization called on major financial services firms like Fidelity to acknowledge Bitcoin’s...
Bitcoin News / Bitcoinist - 2 years ago
With the crypto market showing significant signs of recovery, meme coins could be the next to rally as momentum picks up. So here is a list of meme coins that could have potential when the next bull rally rolls around.
Dogecoin (DOGE)
As always, Doge...
Bitcoin News / Bitcoinist - 2 years ago
A research firm has broken down how the Bitcoin price has reacted to purchases Michael Saylor’s MicroStrategy has made over the years.
MicroStrategy’s Bitcoin Purchases Have Been Followed By Negative Price Action
K33 Research, formerly Ar...
Bitcoin News / Bitcoinist - 2 years ago
Since the Silicon Valley Bank (SVB) fallout negatively impacted Circle’s USD coin (USDC), the stablecoin has recorded significant outflows. This massive withdrawal from USDC indicates investors have started ditching the stablecoin for other assets.
A...
Bitcoin News / Bitcoinist - 2 years ago
Hong Kong aims to regain its status as a leading finance and crypto hub, and to this end, domestic investors have established the ProDigital Fund to raise $100 million.
Already having secured $30 million in commitments, the fund aims to reach its tar...