Bitcoin News / Bitcoinist - 1 year ago
Ripple has announced a major achievement in the XRP ecosystem as the cryptocurrency has been officially approved for use within Dubai’s financial ecosystem by the Dubai Financial Services Authority (DFSA).
XRP Gets Greenlight in DIFC
Ripple reveale...
Bitcoin News / Bitcoinist - 1 year ago
In the financial center of Dubai, the Cardano Summit 2023 will gather some of the most prominent projects in the crypto space. During the three-day event, speakers, founders, and the community will voice views on the growing sector and the future of...
Bitcoin News / Bitcoinist - 1 year ago
Amid the SHIB burn hassle in the cryptocurrency community, Shiba Inu Lead Developer Shytoshi Kusama has recently shed more light on how the SHIB burn works in the Shibarium ecosystem and several other pressing discussions swelling around the Shiba In...
Bitcoin News / Bitcoinist - 1 year ago
Shiba Inu (SHIB) and other meme coins experienced a whirlwind of activity as October unfolded. The crypto market witnessed a remarkable surge in SHIB’s value as Bitcoin (BTC) reached a new milestone at $35,000, though it subsequently pulled bac...
Bitcoin News / Bitcoinist - 1 year ago
In a recent video analysis, crypto pundit Lewis Jackson highlighted several indicators that Ripple is gearing up for an Initial Public Offering (IPO). Jackson dissected the company’s recent hiring trends, strategic growth moves, and regulatory battle...
Bitcoin News / Bitcoinist - 1 year ago
The jury in the trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), gave its verdict on November 2 in what signals the beginning of the end for the one-time billionaire who faces a long prison term following his convi...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin co-creator Billy Markus, who is known as Shibetoshi Nakamoto on the social media platform X, has offered his commentary on the recent verdict in the case of Sam Bankman-Fried (SBF), the disgraced founder of FTX.
Markus took to social media...
Bitcoin News / Bitcoinist - 1 year ago
Steven McClurg, Chief Investment Officer (CIO) at Valkyrie Investments, has put forth a strong indication that a landmark approval from the US Securities and Exchange Commission (SEC) for a spot Bitcoin ETF could transpire by the month’s end. T...
Bitcoin News / Bitcoinist - 1 year ago
After a comprehensive five-week trial, the New York jury rendered a verdict on Thursday, finding the former crypto magnate, Sam Bankman-Fried, guilty on all seven charges, including fraud, embezzlement, and criminal conspiracy.
As a consequence, Bank...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, Ripple has been selected by the National Bank of Georgia (NBG) as the official technology partner for its Digital Lari (GEL) pilot project.
The collaboration aims to explore the potential benefits and use cases of RippleR...
Bitcoin News / Bitcoinist - 1 year ago
Ripple CLO Stuart Alderoty, has voiced worries about the US SEC’s recent track record of failed legal battles against cryptocurrency companies as many crypto community members seem to doubt the regulatory body’s core mission of protecting investors. ...
Bitcoin News / Bitcoinist - 1 year ago
John Deaton, a crypto and pro-Ripple lawyer, thinks there is “no way Ripple,” the blockchain company whose two key executives were sued by the United States Securities and Exchange Commission (SEC), will abandon XRP, the native currency o...
Bitcoin News / Bitcoinist - 1 year ago
In another regulatory win for Ripple, the company made a significant announcement regarding the approval of XRP by the Dubai Financial Services Authority (DFSA), which will allow licensed virtual asset firms in the Dubai International Financial Centr...
Bitcoin News / Bitcoinist - 1 year ago
HSBC Holdings Plc, one of the world’s leading bullion banks, has launched a blockchain-based platform to modernize the traditional and manual processes of the London gold market. The new platform tokenizes ownership of physical gold housed in HSBC...
Bitcoin News / Bitcoinist - 1 year ago
ProShares has earlier today announced the launch of an exchange-traded fund (ETF) tailored for investors looking to bet against Ethereum, the world’s second-largest crypto by market capitalization.
The ProShares Short Ether Strategy ETF is a f...
Bitcoin News / Bitcoinist - 1 year ago
As the crypto sector has seen an uplift recently, traders have been wondering if the altcoin season is here. Here’s what Glassnode says.
Glassnode’s Altcoin Season Indicator Shows Largest Risk-On Signal In 2 Years
In its latest weekly rep...
Bitcoin News / Bitcoinist - 1 year ago
The Chicago Mercantile Exchange (CME) Group witnessed a record-shattering performance in the third quarter with regards to the trading of Bitcoin and Ethereum futures and options contracts. The increase in trading activity serves as evidence for heig...
Bitcoin News / Bitcoinist - 1 year ago
In a recent report by Reuters, online payment system company PayPal announced plans to bolster its market value by $4 billion, seeking to streamline operations to appease investors. However, investor optimism was tempered by disclosing a subpoena fro...
Bitcoin News / Bitcoinist - 1 year ago
SafeMoon, a once-promising cryptocurrency, has been thrust into a scandal of monumental proportions, as its founder and top executives are facing charges of fraudulent activities and money laundering. The US Department of Justice’s recent alle...
Bitcoin News / Bitcoinist - 1 year ago
Ripple recently released its Q3 2023 XRP Markets Report as part of the company’s efforts to provide transparency and updates on “key industry developments and crypto markets movements.” The report also highlighted some of the impressive strides the c...
Bitcoin News / Bitcoinist - 1 year ago
St. Galler Kantonalbank (SGKB), a pillar of Swiss banking since 1868, has officially expanded into cryptocurrency services, offering its clients the opportunity to trade and custody Bitcoin (BTC) and Ethereum (ETH). This strategic move is facilitated...
Bitcoin News / Bitcoinist - 1 year ago
MicroStrategy, the business intelligence company co-founded by Michael Saylor, has witnessed a substantial gain of $900 million on its extensive Bitcoin holdings, bolstered by the growing optimism surrounding the potential approval of spot Bitcoin ex...
Bitcoin News / Bitcoinist - 1 year ago
The Bitcoin mining hashrate and difficulty have been on a tear recently, continuing to notch new all-time highs. Both metrics have reached their highest levels as the BTC rally has resumed and the question now is if this will translate into setting a...
Bitcoin News / Bitcoinist - 1 year ago
The recent JPEX scandal has scarred the reputation of Hong Kong’s crypto industry, raising questions about the future of web3 and digital assets in the region. However, a speech by the region’s Financial Services and Treasury Secretary, Christo...
Bitcoin News / Bitcoinist - 1 year ago
According to records from Shibburn, it appears that Shiba Inu‘s burn rate for the month of October saw a significant decline in the total number of Shiba Inu tokens that were destroyed in comparison to the total number that was destroyed in Sep...