Bitcoin News / Bitcoinist - 1 year ago
In a notable turn of events, Ripple announced that CEO Brad Garlinghouse and Executive Chairman Chris Larsen were cleared of all allegations lodged against them by the US Securities and Exchange Commission (SEC). The SEC has decided to dismiss the ch...
Bitcoin News / Bitcoinist - 1 year ago
Following US Federal Reserve chair Jerome Powell’s recent comments that led to higher treasury yields, Bitcoin price and other cryptocurrencies experienced modest gains on Friday. However, a legal action by the state of New York against Digital...
Bitcoin News / Bitcoinist - 1 year ago
BlackRock, the world’s largest asset manager, has amended its prospectus for the spot Bitcoin Exchange-Traded Fund (ETF) with the stringent United States Securities and Exchange (SEC), according to a report on October 18. BlackRock Revises Bit...
Bitcoin News / Bitcoinist - 1 year ago
According to a report by the global investment bank Morgan Stanley, signs indicate that the cyclical “crypto winter” bear market, which has plagued the cryptocurrency industry, may finally end. The report explores the historical pattern...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin has suffered some of the worst of the crypto bear market after taking a severe hit to its price. In response, DOGE transactions had plunged rapidly, which suggests that the digital asset is falling out of favor with investors. However, despi...
Bitcoin News / Bitcoinist - 1 year ago
The electric car manufacturer Tesla is proving to be yet another Bitcoin (BTC) HODLer. Their Q3 2023 earnings report indicates that Elon Musk’s automotive company held onto its coins, not liquidating coins over the last few quarters. Tesla Hold...
Bitcoin News / Bitcoinist - 1 year ago
Polygon (MATIC), an Ethereum (ETH) Layer 2 scaling solution, has unveiled a significant Improvement Proposal (PIP-29) that aims to establish a Protocol Council responsible for executing upgrades to system smart contracts. This proposal marks a major...
Bitcoin News / Bitcoinist - 1 year ago
The New York Attorney General, Letitia James, has set her sights on three major players in the crypto space, alleging investor fraud. Genesis Global, its parent company, Digital Currency Group (DCG), and the renowned crypto platform Gemini find thems...
Bitcoin News / Bitcoinist - 1 year ago
Solana has been fondly referred to by community members as the ‘Ethereum killer’ but as time has passed, it seems the network has failed in its mission to become the leading smart contracts platform. Its proximity to the likes of FTX crypto exchange...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows that Bitcoin long-term holders now own 76.2% of the entire supply, a new all-time high for the cryptocurrency. 76.2% Of Bitcoin Supply Now Locked In Diamond Hand Holdings In a new post on X, Capriole Investments founder Charles Ed...
Bitcoin News / Bitcoinist - 1 year ago
The Federal Deposit Insurance Corporation or FDIC, a federal agency that provides deposit insurance to depositors in US banks, has recently faced mounting pressure to address the potential risks arising from the volatile world of cryptocurrencies. T...
Bitcoin News / Bitcoinist - 1 year ago
FTX founder Sam Bankman-Fried (SBF) will have his details including tweets, memos, and images of his penthouse used as evidence against him in the Federal District Court in Manhattan. FTX Founder’s Hidden Evidence Comes To Light Founder and former C...
Bitcoin News / Bitcoinist - 1 year ago
In an effort to advance the growth and adoption of the XRP Ledger (XRPL), Ripple Labs Inc. has partnered with Frankfurt-based Tokentus Investment AG, an investment company specializing in the blockchain sector. As part of Ripple’s XRPL Accelera...
Bitcoin News / Bitcoinist - 1 year ago
Introducing a groundbreaking proposal, the Basel Committee, consisting of banking regulators from major global financial hubs, has mandated standardized disclosure of crypto assets by major banks starting from January 2025. This initiative’s pr...
Bitcoin News / Bitcoinist - 1 year ago
The prosecution in Sam Bankman-Fried’s (SBF) case is expected to rest its case on October 27. Following this, the defense is meant to open its case. However, it remains uncertain whether or not SBF’s lawyers are going to put up a case. If they do, th...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin (BTC), the reigning king of cryptocurrencies, is on the cusp of an exciting phase, according to prominent crypto trader Jason Pizzino. In his latest YouTube video, Pizzino delves into the intricacies of Bitcoin’s four-year cycle and sh...
Bitcoin News / Bitcoinist - 1 year ago
In a significant development for the Shiba Inu community, Shib CoOp, a Metaverse real estate project, announced the premiere SHIB token burn on Shibarium, marking a significant step forward for the Layer-2 (L2) blockchain network built atop Ethereum....
Bitcoin News / Bitcoinist - 1 year ago
XRP and crypto enthusiasts at large found themselves embroiled in speculation after tech magnate Elon Musk took to Twitter to share an enigmatic message that read, “In X S.” The XRP community, known for their dedication to Ripple’s...
Bitcoin News / Bitcoinist - 1 year ago
Despite its relatively low adoption in the US, XRP has continued to enjoy widespread adoption overseas in countries like Japan, Singapore, and others looking to incorporate cryptocurrencies into their economy. This time, France is rumored to be the l...
Bitcoin News / Bitcoinist - 1 year ago
In a recent X (formerly Twitter) exchange, Nate Geraci, President of the ETF Store and host of the ETF Prime podcast, and Scott Johnsson, finance lawyer at Davis Polk, dissected the potential for Grayscale to make a daring move regarding the uplistin...
Bitcoin News / Bitcoinist - 1 year ago
In the next three days, our team at Bitcoinist will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, one of the hottest trend...
Bitcoin News / Bitcoinist - 1 year ago
As the price of XRP has dipped over the last few days, bearish sentiment once again took hold of the community. However, not everyone seems to have succumbed to this negative sentiment as one whale has chosen this as a perfect time to buy a large num...
Bitcoin News / Bitcoinist - 1 year ago
One developer, “0xIchigo,” behind Helius, a software company developing infrastructure for users to build on Solana, thinks Solana is winning the energy efficiency race. However, competing platforms, especially Ethereum, are here to stay....
Bitcoin News / Bitcoinist - 1 year ago
The crypto industry has been subjected to false news yet again. Earlier this week, news broke that gaming giant Roblox has begun supporting XRP payments. However, the global gaming platform has publicly denied any claims that have made the rounds on...
Bitcoin News / Bitcoinist - 1 year ago
In October 2023, EUR-denominated weekly spot volume on Binance, a top cryptocurrency exchange, fell to $160 million, an 88% drop from $1.3 billion recorded seven months earlier in March 2023. At this level, EUR trading volume on the besieged exchange...
