Bitcoin News / Bitcoinist - 2 years ago
Shiba Inu has taken a 3% hit today as a whale has moved a massive SHIB stack worth $28.7 million in the last 24 hours. Shiba Inu Has Declined Over The Past Day SHIB had kicked off 2023 on a positive note as the meme coin had been riding an uptrend du...
Bitcoin News / Bitcoinist - 2 years ago
U.S. authorities are casting a bigger net to come after key figures who may have been involved in anomalies at disgraced crypto exchange FTX. The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are now ca...
Bitcoin News / Bitcoinist - 2 years ago
In an official blog post, the European Central Bank (ECB) has urged that cryptocurrency users should be given protection under online gambling laws. The crypto crash of 2022 has been devastating for the industry and has led to regulatory policies bei...
Bitcoin News / Bitcoinist - 2 years ago
Multiple rumors surrounding Huobi and its supposed “shadow owner” Justin Sun are currently fueling fears that another crypto exchange may experience a bank run. Seychelles-based exchange Huobi has seen a significant increase in net outflo...
Bitcoin News / Bitcoinist - 2 years ago
Digital Currency Group (DCG), the crypto conglomerate that owns lender Genesis Trading and asset manager Grayscale, among others, today made public that it has closed its asset management division called HQ Digital, fueling new fears within the bitco...
Bitcoin News / Bitcoinist - 2 years ago
A lot of ups and downs going on in the crypto industry have pushed some, if not most, companies to the edge of insolvency. Following its request for emergency bailout funding, popular crypto lender Genesis has slashed its staff members and is now con...
Bitcoin News / Bitcoinist - 2 years ago
Federal charges are coming down on a twenty-four year old NFT project developer who rug pulled his NFT collection, running off with nearly $3M in funds. It’s the latest federal pursuit of crypto rugpullers, an endeavor that is relatively new fo...
Bitcoin News / Bitcoinist - 2 years ago
Crypto asset inflows recorded one of their worst years in 2022. The year had been one fraught with market dips and crashes that saw over $2 trillion wiped off its market cap. Investors responded to this by pulling their money out of the market, and i...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the trading dominance of altcoins is now more than 50%; here’s what this may mean for Bitcoin. Altcoin Trading Dominance Has Increased To More Than 50% As pointed out by an analyst in a CryptoQuant post, sustainable moves in...
Bitcoin News / Bitcoinist - 2 years ago
According to the Wall Street Journal, Celsius co-founder Alex Mashinsky was sued by New York Attorney General Letitia James. The government official filed a civil lawsuit against Mashinsky, accusing him of “defrauding investors out of billions of dol...
Bitcoin News / Bitcoinist - 2 years ago
According to a report from The Street, crypto-friendly bank Silvergate (SI) retraced on a massive 27% rally following a preliminary quarter result. The financial institution recorded a steep decline in customer withdrawals. As a result, Silvergate&...
Bitcoin News / Bitcoinist - 2 years ago
Last month, bankrupt crypto lender Voyager Digital accepted Binance.US’s bid to purchase its assets for over $1 billion. This had come through after the collapse of FTX, the exchange that was originally accepted to acquire the lender’s assets. The ac...
Bitcoin News / Bitcoinist - 2 years ago
The United States Department of Justice is now stepping in to take control of matters in the ongoing brouhaha involving the now-defunct crypto exchange FTX and other parties. The DOJ is now working on a plan to seize Robinhood Markets shares related...
Bitcoin News / Bitcoinist - 2 years ago
Shiba Inu has seen a rise of 3% during the last 24 hours, but the meme coin is still behind Solana in terms of market cap. Shiba Inu Has Enjoyed Uptrend In The Past Day, While Solana Declines 2022 was an abysmal year for both Shiba Inu and Solana, as...
Bitcoin News / Bitcoinist - 2 years ago
Nassim Nicholas Taleb has released a number of provocative comments on social media regarding bitcoin in 2022. The author of “The Black Swan” and “Antifragile” has compared the world’s largest cryptocurrency to a contagi...
Bitcoin News / Bitcoinist - 2 years ago
The Bitcoin market has become extremely boring for traders over the past few weeks. Volatility has fallen to historically low levels, but this could mean that a major move is imminent in the near future. As stated by analyst Charles Edwards of Caprio...
Bitcoin News / Bitcoinist - 2 years ago
The crypto industry has been rocked yet again with another scandal. And this time, the name of the entity in the spotlight is CoinDeal. The U.S. Securities and Exchange Commission released a report detailing the charges brought against eight individu...
Bitcoin News / Bitcoinist - 2 years ago
Following the rising speculation about the blockchain, the official Twitter account of Shiba Inu’s Shibarium network on January 4 made a post clearing the false speculation. This comes amid the current anticipation of the network beta launch. Particu...
Bitcoin News / Bitcoinist - 2 years ago
As the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) approaches its final deadlines before Judge Analisa Torres is set to deliver her verdict, American journalist Charles Gasparino made an allegation that the...
Bitcoin News / Bitcoinist - 2 years ago
The Indonesian Financial sector is undergoing a comprehensive reform that extends to the cryptocurrency industry. As part of the reforms, crypto assets trading oversight will be handed over to the Financial Services Authority (FSA). The Commodity Fut...
Bitcoin News / Bitcoinist - 2 years ago
At a time when the crypto market is seeing low prices, another meme coin called BONK has entered the race. This coin, unlike its predecessors, is on the Solana blockchain and is now cementing itself as the most successful meme coin to come out of the...
Bitcoin News / Bitcoinist - 2 years ago
Crypto payments on e-commerce platforms are booming despite market conditions, with Cardano (ADA) and Binance Coin (BNB) entering the top 10 most spend crypto. According to a report from payment processor Coingate, people spent a lot of their crypto...
Bitcoin News / Bitcoinist - 2 years ago
The debacle between the Gemini exchange and crypto lender Genesis, and by extension, Digital Currency Group (DCG), has grown heated over the last couple of weeks. Now, with Gemini customers and creditors turning the heat up on the exchange to recover...
Bitcoin News / Bitcoinist - 2 years ago
Something big just happened on the Bitcoin blockchain. Crypto analytics firm CoinMetrics noted that $8 trillion worth of transactions have been made on the crypto king blockchain. This means that more and more people are using Bitcoin to transact in...
Bitcoin News / Bitcoinist - 2 years ago
Per a report from the New York Times (NYT), crypto exchange Coinbase (COIN) reached an agreement with the New York Department of Financial Services (NYDFS). The company will pay around $100 million to improve its account and background checks. Half...
