Bitcoin News / Bitcoinist - 2 years ago
The contagion of the FTX collapse is still ongoing despite its already significant impact on the industry. In today’s news, a U.S. bankruptcy judge is looking to consider the approval of an independent bankruptcy investigation into the FTX collapse....
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows activity from the Shiba Inu whales has been high recently. Here’s what this may mean for the meme coin’s price.
Shiba Inu Whale Transaction Count Has Spiked Recently
According to data from the on-chain analytics firm S...
Bitcoin News / Bitcoinist - 2 years ago
Ripple CTO David Schwartz has spoken out in a recent tweet about the XRP buyback proposal that first surfaced in 2021 and is now resurfacing with a second iteration. The controversial proposal is currently being heatedly discussed again on Twitter af...
Bitcoin News / Bitcoinist - 2 years ago
It is generally understood that bitcoin and other cryptos can be addicting. Consequently, as with any chemicals that get many people hooked, excessive usage can be detrimental to mental health.
For instance, losing large sums of money seemingly sudde...
Bitcoin News / Bitcoinist - 2 years ago
The Bitcoin price continues to be strongly influenced by macroeconomic conditions in the US. After BTC reached a new 5-month high of $24,241 last Wednesday, the price is on the decline again. Over the weekend, Bitcoin lost another 3% and was at $22,8...
Bitcoin News / Bitcoinist - 2 years ago
FTX founder Sam Bankman-Fried once gave out lots of money to people that many wondered where it all came from. These people included powerful figures in public service and the regular ones, not to mention those who already have the wherewithal in the...
Bitcoin News / Bitcoinist - 2 years ago
The cryptocurrency market is on its way to possibly rocky terrain this “love month,” but January will linger a happy memory for some investors, especially those who made substantial investments in prominent meme coins like Floki, Shiba In...
Bitcoin News / Bitcoinist - 2 years ago
The market for artificial intelligence, presently valued at $327.4 billion, continues to expand due to the influx of investments in this sector of the technology industry.
This is largely attributable to the rising potential implementation of AI tech...
Bitcoin News / Bitcoinist - 2 years ago
Shiba Inu (SHIB) has been among the best-performing cryptocurrencies over the previous 24 hours. The price of the second-largest meme coin has reached $0.000015 after a daily increase of about 30%.
Recent price increases for Shiba Inus are primarily...
Bitcoin News / Bitcoinist - 2 years ago
The Bank of England (BoE) and UK Treasury are set to back the development of the British central bank digital currency (CBDC), popularly known as “Britcoin” or “digital pound.”
The discourse of a British CBDC began in April 2021, when the UK Treasu...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin continues to see a bullish uptrend across the board, with the derivatives market volume witnessing an upturn in fortunes. BTC prices in futures contracts have begun to exceed spot market prices indicating that traders are gaining confidence i...
Bitcoin News / Bitcoinist - 2 years ago
Shiba Inu has been making headlines recently as the release of the Shibarium upgrade was teased by Shytoshi Kusama three days ago. However, things might not be going well outside the ecosystem. Recently, Whale Alerts noted several multi-billion SHIB...
Bitcoin News / Bitcoinist - 2 years ago
Sberbank, Russia’s biggest banking establishment, is ready to have its decentralized finance (DeFi) platform operational by May. According to a report on February 3 by the Russian news agency Interfax, the Russian majority state-owned bank plans to r...
Bitcoin News / Bitcoinist - 2 years ago
The Indonesia crypto exchange that was to launch by the end of 2022 will now go live in June. Zulkifli Hasan, the Indonesian trade minister, announced it during the opening ceremony for Crypto Literacy Month on February 2 in Jakarta. Hasan noted that...
Bitcoin News / Bitcoinist - 2 years ago
Last year, many crypto firms and startups went under due to the turmoil in the space. In addition, the devastating impact of the crypto winter affected many businesses as prices of crypto assets fell below expected levels.
As a result, many crypto-re...
Bitcoin News / Bitcoinist - 2 years ago
Billionaire investor Tim Draper got a more challenging reception than he anticipated when proposing Sri Lanka, a bankrupt nation, to Bitcoin.
Draper was in Sri Lanka on Tuesday, talking with local entrepreneurs about cryptocurrency adoption. The entr...
Bitcoin News / Bitcoinist - 2 years ago
The Dogecoin tipping bot on Twitter is one of the main hallmarks of DOGE adoption over the years. The bot made it possible for DOGE users to easily tip their favorite creators without much hassle, and with this ease of use, promoted the adoption of t...
Bitcoin News / Bitcoinist - 2 years ago
Bad actors are attracted to the blockchain space due to its anonymous nature; these individuals seek to scam and steal funds from investors. This time, a group of fraudsters targets the already embattled investors of the bankrupt crypto exchange FTX....
Bitcoin News / Bitcoinist - 2 years ago
The recent spree of regulatory actions in the DeFi ecosystem got positive reactions from the credit rating firm Moody. In a recent development, the Commodities Futures Trading Commission (CFTC) and the Securities Exchange Commission (SEC) took legal...
Bitcoin News / Bitcoinist - 2 years ago
Three hundred and eighty-six years ago today, the first ever bubble – dubbed Tulip Mania – popped. Often compared with Bitcoin, Tulip Mania provided a blueprint for all future bubbles and related behaviors.
To celebrate the anniversary of Tulip Mania...
Bitcoin News / Bitcoinist - 2 years ago
During the 2021 crypto bull, lenders issued over $4 billion in loans collateralized by Bitcoin mining hardware. These financial instruments backfired on BTC mining companies as the sector trended to the downside, and they defaulted on their loans....
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows Bitcoin long-term holders now hold 78% of the total circulating supply, the highest value the metric has ever seen.
Bitcoin Long-Term Holders Are Sitting On 78% Of The Total Supply
As pointed out by an analyst on Twitter, the dive...
Bitcoin News / Bitcoinist - 2 years ago
Shiba Inu is one of the most ubiquitous memecoin in the market today. Coingecko data notes a continuous upward momentum, with the token gaining nearly 8.3% in the weekly time frame with gains also made in the short periods.
However, these gains might...
Bitcoin News / Bitcoinist - 2 years ago
Robert Kiyosaki, a well-known entrepreneur and author of the personal finance book “Rich Dad, Poor Dad,” has long advised investors to purchase gold, silver, and bitcoin.
He previously explained that he is an investor and not a trader in...