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...
Bitcoin News / Bitcoinist - 2 years ago
There have been many crackdowns on the crypto space by regulators. Some of the recent ones involved Kraken, Coinbase, and Paxos. These cases were linked to compliance, staking, and stablecoin minting. However, a new case in decentralized finance (De...
Bitcoin News / Bitcoinist - 2 years ago
Via their official Twitter handle, crypto exchange Binance confirmed that it closed the position of some Australian traders. According to the post, the company incorrectly classified these users in the country as “wholesale investors.” The crypto e...
Bitcoin News / Bitcoinist - 2 years ago
Web3 and NFT use cases have reached a new level with Spotify’s new “Token-enabled Playlists.” A Web3 gaming and Media entertainment platform, Overlord, announced the news on February 22 via Twitter. According to the announcement, the service will all...
Bitcoin News / Bitcoinist - 2 years ago
Stablecoin issuer Circle ended 2022 with approximately 900 employees and has announced plans to add 135 to 225 new personnel this year. The company remains focused on increasing its workforce in order to support its continued growth in the fast-paced...
Bitcoin News / Bitcoinist - 2 years ago
Data from Glassnode shows the crypto market is currently observing capital inflows at the rate of about $4.5 billion per month. Crypto Market Recently Flipped From Seeing Outflows To Inflows According to the on-chain analytics firm Glassnode, the sec...
Bitcoin News / Bitcoinist - 2 years ago
Polygon’s blockchain explorer went down yesterday, Wednesday, February 22, causing a lot of buzz and numerous rumors on Crypto Twitter (CT). The PolygonScan outage caused the impression that no transactions were taking place. Consequently, rumo...
