Bitcoin News / Bitcoinist - 2 years ago
It’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43....
Bitcoin News / Bitcoinist - 2 years ago
At the time of writing, the market for cryptos was shaken by major coins plummeting to weekly support ranges. However, although it seems that sentiment is still negative with major digital currency assets losing a good percentage in their values, so...
Bitcoin News / Bitcoinist - 2 years ago
The Polygon network will launch its Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been anticipating this launch as part of the significant upcoming development of Polygon. Also, its hype has helped push MATIC with an impres...
Bitcoin News / Bitcoinist - 2 years ago
According to a recent announcement by Oasis Network on February 24th, the decentralized finance (DeFi) platform had collaborated with whitehat hackers to recover funds that had been stolen from Solana’s Wormhole bridge. On February 2nd, Wormhol...
Bitcoin News / Bitcoinist - 2 years ago
The use of crypto for donations and purchases is not a new concept. However, the ongoing conflict between Ukraine and Russia has shed light on the advantages of using digital currencies for military aid. When Russia began its invasion of Ukraine in F...
Bitcoin News / Bitcoinist - 2 years ago
On the verge of the launch of the Shanghai Capella testnet by Ethereum developers this week, the Consensus Layer (CL) client teams discussed the progress of testing the upgrade on an All Core Developers Consensus Call (ACDC). Ethereum’s develop...
Bitcoin News / Bitcoinist - 2 years ago
Hong Kong’s Securities and Futures Commission (SFC) has taken a new approach to the crypto industry. This new way to regulate the nascent sector could benefit the crypto market and bring a new wave of capital to the largest digital assets in th...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows demand for Bitcoin has been returning recently, but the rise has been slower than what previous cycles saw at a similar stage. Bitcoin Active Addresses Haven’t Grown Much Recently As pointed out by an analyst in a CryptoQuan...
Bitcoin News / Bitcoinist - 2 years ago
Circle chief Jeremy Allaire has reacted to the recent spree of enforcement actions by the US Securities and Exchange Commission (SEX) and other agencies in the crypto industry. In an interview with Bloomberg, the Circle boss shared his views regardin...
Bitcoin News / Bitcoinist - 2 years ago
Competition is heating up as the number of NFT marketplaces rises. More recent or widespread market developments may have an impact on the Solana NFT ecosystem. According to data provided by Dune Analytics, the number of people using the Solana NFT m...
Bitcoin News / Bitcoinist - 2 years ago
The police have moved to arrest a former Massachusetts state facility worker for allegedly stealing nearly $18,000 worth of electricity to run an illegal crypto-mining operation. According to reports, the accused, Nadeem Nahas, set up a secret crypto...
Bitcoin News / Bitcoinist - 2 years ago
With the crypto industry evolving, several entities still have different views on the ecosystem. While some believe it’s all a scam, some see the great potential and believe the industry has a bright future. In today’s news, the western state of Mon...
Bitcoin News / Bitcoinist - 2 years ago
The official PlayStation account on Twitter shared a new trailer for an upcoming puzzle game titled “Humanity” yesterday, mentioning Shiba Inu. If the video game giant does indeed reference the cryptocurrency SHIB, it would be insanely bi...
Bitcoin News / Bitcoinist - 2 years ago
The International Monetary Fund (IMF) has released a board paper that provides guidance on how countries should draft appropriate policies in relation to cryptocurrencies. According to a press release on Thursday, Feb. 23, the IMF says this policy a...
Bitcoin News / Bitcoinist - 2 years ago
There’s been a spike in the global adoption of blockchain technology, so several companies and organizations are now exploring the potential of the technology through many approaches. Hence, there’s a sudden growth in the systems, projects, and proce...
Bitcoin News / Bitcoinist - 2 years ago
Forbes journalist Dr. Roslyn Layton is receiving support for her motion to intervene in the lawsuit between Ripple Labs and the Securities Exchange Commission (SEC) seeking public access to the Hinman speech documents. Empower Oversight Whistleblower...
Bitcoin News / Bitcoinist - 2 years ago
In response to growing consumer demand for bitcoin and other cryptocurrency-related services, an increasing number of banks in the United States under the umbrella of the Federal Deposit Insurance Corporation are exploring the digital currency space....
Bitcoin News / Bitcoinist - 2 years ago
In response to growing consumer demand for bitcoin and other cryptocurrency-related services, an increasing number of banks in the United States under the umbrella of the Federal Deposit Insurance Corporation are exploring the digital currency space....
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin over the years has shown an increasingly strong positive correlation with the S&P 500 and other major US stock market indexes. When the correlation weakens and turns negative, price movements in BTC can be especially substantial. The to...
Bitcoin News / Bitcoinist - 2 years ago
The U.S. Southern District Court of New York unsealed an indictment related to the case against the founder of crypto exchange FTX, Sam Bankman Fried (SBF). The document revealed four new charges presented against the former crypto executive. These...
Bitcoin News / Bitcoinist - 2 years ago
Gate Group, the parent company of the Gate.io crypto exchange, becomes the latest to apply for a license in Hong Kong. The firm joins Huobi Global, OKX, and Bitget, seeking approval in the regime due to crypto-friendly policies. Gate.io decided Hong...
Bitcoin News / Bitcoinist - 2 years ago
As the launch of the Ethereum Shanghai Upgrade draws near, investors are beginning to get more nervous as they are unsure whether the upgrade could result in a positive or negative move from Ethereum. On February 22, Nansen, an on-chain-based analyti...
Bitcoin News / Bitcoinist - 2 years ago
The ongoing dispute over Dapper Labs’ NBA Top Shots NFTs status has sparked comments from lawyers and observers. The case started with a class action lawsuit filed by plaintiff Jeeun Friel in May 2021, alleging that Dapper Labs’ NBA Top Shots N...
Bitcoin News / Bitcoinist - 2 years ago
Over the last month, Stacks (STX) has been on a tremendous rally. The coin emerged as one of the top gainers, rallying upwards even at a time when the broader crypto market was suffering from low momentum. Even now, the cryptocurrency continues to tr...
Bitcoin News / Bitcoinist - 2 years ago
Coinbase, the second largest crypto exchange, has recently launched a testnet for their newest product “Base,” an Ethereum layer 2 (L2) network. The new product will provide a secure and cost-effective solution for building decentralized...
