Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the Bitcoin price is now making a retest of its realized price, can this help push the asset’s value back up and restart the rally? Bitcoin Is Now Retesting Its Realized Price Of About $19,700 As an analyst in a CryptoQuant...
Bitcoin News / Bitcoinist - 2 years ago
Crypto enthusiasts and users understand the risks inherent in digital asset investments. Besides losing funds in price crashes, investors can lose money through scams, pump-and-dump schemes, exchange and protocol hacks, Ponzi schemes, etc. Recently,...
Bitcoin News / Bitcoinist - 2 years ago
Many cryptocurrencies including Bitcoin are trading at deep losses today. At the time of writing, some top coins including XRP, MATIC, and BNB, are all down by more than 5% in 24 hours, respectively. While BTC records a 7.88% loss in 24 hours, ETH is...
Bitcoin News / Bitcoinist - 2 years ago
Regardless of the condition of the crypto market, regulators are still leaving their mark in the industry using their respective power. On March 8, Thailand’s Securities and Exchange Commission (SEC) published an announcement targeting crypto staking...
Bitcoin News / Bitcoinist - 2 years ago
The saga of the FTX exchange, its sister company Alameda Research, and former CEO Sam Bankman-Fried continue following the bankruptcy proceedings. So far, There have been many discoveries, rejected pleas, and sales of assets by these parties. The l...
Bitcoin News / Bitcoinist - 2 years ago
In a Twitter announcement, Hedera confirmed an exploit in its mainnet, leading to a loss of liquidity tokens. However, the firm noted the exploit did not impact its consensus layer. Network exploitation is among the challenges of many crypto projects...
Bitcoin News / Bitcoinist - 2 years ago
Another bank is in crisis; Silicon Valley Bank (SVB) has followed the financial freefall amid Federal Reserve (Fed) Chairman Jerome Powell’s hawkish macroeconomic view and tightening policies to control inflation rates. With over 40 years in t...
Bitcoin News / Bitcoinist - 2 years ago
The crypto market has significantly declined, particularly in the last seven days, and altcoins are seeing a blood bath. Crypto assets like Bitcoin, Ethereum, Binance coin, and more are trading in the red zone. In the meantime, it’s impossible...
Bitcoin News / Bitcoinist - 2 years ago
The collapse of many crypto firms in 2022 increased regulatory attention on the industry. Some recent enforcement actions by regulators affected vital activities such as stablecoin issuing and staking services, of which Paxon, Binance, and Kraken hav...
Bitcoin News / Bitcoinist - 2 years ago
Data shows that Bitcoin investors have turned fearful again as the market sentiment has now dropped to the lowest value since early January. Bitcoin Fear And Greed Index Is Currently Pointing At “Fear” The “fear and greed index̶...
Bitcoin News / Bitcoinist - 2 years ago
Michael Barr, Federal Reserve Vice Chair for Supervision, has acknowledged that crypto technology still holds promise for transforming the financial system, but emphasized the need for “guardrails” to harness its potential. Barr’s...
Bitcoin News / Bitcoinist - 2 years ago
Huobi Token (HT) has emerged at the center of insolvency rumors following a shocking performance on Thursday. Following the plunge in the general crypto market, Huobi Token took it a step further with a massive 90% drop in just a matter of minutes. N...
Bitcoin News / Bitcoinist - 2 years ago
Blockchain.com has announced the suspension of its asset management arm due to the prolonged crypto winter, as reported by Bloomberg. The company cites the challenging market conditions as the reason for its decision, which comes less than a year aft...
Bitcoin News / Bitcoinist - 2 years ago
Crypto regulation could see a major overhaul as House Republicans take steps to revamp the oversight of the emerging class asset. According to Rep. French Hill, who leads the Digital Assets, Financial Technology, and Inclusion Subcommittee, the Hous...
Bitcoin News / Bitcoinist - 2 years ago
On Thursday, March 9, U.S. President Biden revealed his budget proposal for 2024. Under the Biden Budget, the U.S. Treasury Department is looking to introduce a 30% excise tax on crypto mining operations. According to a section in the Treasury depar...
Bitcoin News / Bitcoinist - 2 years ago
While it may have been created only in 2020, Shiba Inu – a decentralized cryptocurrency that operates on the Ethereum blockchain – has already gained a significant following because of its catchy dog-themed branding and low transaction fe...
Bitcoin News / Bitcoinist - 2 years ago
Amidst the turmoil the crypto industry has been involved in over the past month, the global market capitalization has dropped from the psychological level of $1 trillion; Bitcoin has followed the trend. The largest cryptocurrency in the market cap dr...
Bitcoin News / Bitcoinist - 2 years ago
The New York District Attorney General (NYDA), Letitia James, filed a lawsuit against crypto exchange KuCoin. According to a document filed with the Supreme Court of the State of New York against two companies running the trading venue in the U.S., P...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows exchanges have observed a vast Bitcoin outflow recently, a sign that whales may be going on a buying spree of the asset. Bitcoin Exchange Netflows Have Been Negative In Recent Days An analyst in a CryptoQuant post pointed out that...
Bitcoin News / Bitcoinist - 2 years ago
Gate Group, the company behind the popular exchange Gate.io, plans to launch a European crypto debit card to expand its reach to European countries. Users can seamlessly convert and spend their crypto assets with the card in everyday purchases. One...
Bitcoin News / Bitcoinist - 2 years ago
While the intervention of regulators in the crypto industry could sometime seem unnecessary or frightening, it is worth noting that not all regulators are villains, some are just keen on consumer protection. On Wednesday, the Public Company Accounti...
Bitcoin News / Bitcoinist - 2 years ago
Dogecoin and Shiba Inu have had a tough go of it lately. Given that these are digital assets that are largely driven by hype, the decline in interest in the crypto market has greatly affected their performance. Amid all of these, both of these meme c...
Bitcoin News / Bitcoinist - 2 years ago
In a recent development, the Rehabilitation Trustee has pushed the registration deadline for claims against Mt. Gox for another month. The deadline was initially set for March 10 but will now be April 6, 2023. Mt. Gox was once the largest Bitcoin exc...
Bitcoin News / Bitcoinist - 2 years ago
Polygon has declined by 6% during the past day as whales have shown signs of selling. The asset has also been flipped by Dogecoin in market cap. Polygon Has Taken Another 6% Beating During The Past Day March hasn’t been a good month for the cry...
Bitcoin News / Bitcoinist - 2 years ago
Sam Bankman-Fried’s attorneys said Wednesday that a delay of his October 2 criminal trial may be necessary. Attorneys for SBF argued that additional time may be required to thoroughly review the evidence and prepare a defense for the upcoming t...
