Bitcoin News / Bitcoinist - 1 year ago
In a recent development, the Bankrupt crypto lending firm Celsius Network has transferred its crypto holdings amid its ongoing legal battles and plans to repay its customers. Celsius Network Transfers $30 Million Worth Of Crypto In a post shared on h...
Bitcoin News / Bitcoinist - 1 year ago
In the latest clash of crypto heavyweights, Ripple CTO David Schwartz has refuted Cardano founder and IOG CEO Charles Hoskinson’s comments on the ongoing debate surrounding the alleged preferential treatment Ethereum received from the US Securi...
Bitcoin News / Bitcoinist - 1 year ago
Sam Bankman-Fried (SBF) and his lawyers do not seem to have made any headways in their defense, as the second week of the defendant’s trial ends on October 13. The highlight of how their case has gone so far was again on display when Mark Cohen stepp...
Bitcoin News / Bitcoinist - 1 year ago
John E. Deaton, a seasoned attorney and notable figure within the XRP community, took to X (formerly Twitter) on Thursday, October 12, to signal his intention to write a letter to the Financial Services Committee (FSC), criticizing the lack of effica...
Bitcoin News / Bitcoinist - 1 year ago
Parity Technologies, the developer of Polkadot, a platform at the forefront of blockchain interoperability, has reportedly laid off more than 300 employees. According to an X post shared by “chainyoda,” a core contributor, on October 12,...
Bitcoin News / Bitcoinist - 1 year ago
The legal battle between Coinbase and the Securities and Exchange Commission (SEC) took a significant turn as the SEC made a recommendation related to Coinbase’s rulemaking appeal, a crucial component of their mandamus action. Coinbase’s...
Bitcoin News / Bitcoinist - 1 year ago
Amid the unfolding developments between the US Securities and Exchange Commission (SEC) and leading crypto exchange Binance, a pivotal update involving Circle, the issuer behind stablecoin USD Coin (USDC), has emerged just ahead of a hearing schedule...
Bitcoin News / Bitcoinist - 1 year ago
On Wednesday, the XRP price marked its sixth consecutive loss day after closing in the red below $0.48. Like any digital asset, this continuous close in a loss has significant implications that could be reflected in the asset’s price in the short ter...
Bitcoin News / Bitcoinist - 1 year ago
Judge Analisa Torres’ ruling in favor of Ripple against the US Securities and Exchange Commission (SEC) has had several impacts on XRP by extension. Highlighting one of them, Ripple’s Chief Legal Officer (CLO) Stuart Alderoty mentioned how the token...
Bitcoin News / Bitcoinist - 1 year ago
Amidst the ongoing legal proceedings, a fresh wave of testimonies has emerged against Sam Bankman-Fried (SBF) and his operations. In this particular instance, outside the courtroom, a former engineer at Alameda Research, the sister hedge fund of FTX,...
Bitcoin News / Bitcoinist - 1 year ago
Since the beginning of October, XRP has been extremely volatile, which can be attributed to the growing concern regarding the cryptocurrency’s future prospects. This is further accelerated by a recent report by Whale Alerts which shows two wha...
Bitcoin News / Bitcoinist - 1 year ago
Following the events in Israel, mainstream media has pointed out the alleged connection between Bitcoin and crypto with Hamas. The terrorist group has been using digital assets to raise money globally, but the situation is complex and sheds light on...
Bitcoin News / Bitcoinist - 1 year ago
According to recent reports, cryptocurrency company Genesis has suspended customer withdrawals in its lending unit, adding to the already tumultuous landscape of the digital currency industry. This halt follows the company’s bankruptcy filing...
Bitcoin News / Bitcoinist - 1 year ago
Data shows the Bitcoin mining difficulty is set to see a large positive adjustment as the hashrate continues its sharp growth. Bitcoin 7-Day Mining Hashrate Continues To Discover New Highs The “mining hashrate” is an indicator that keeps...
Bitcoin News / Bitcoinist - 1 year ago
The ongoing trial against Sam Bankman-Fried (SBF), former founder of the FTX crypto exchange, coupled with the testimonies of Caroline Ellison, the ex-CEO of Alameda Research and his former romantic partner, has unveiled a slew of crazy stories and i...
Bitcoin News / Bitcoinist - 1 year ago
Amid the turbulent crypto bear market, Chainlink whales are continuing to show their hand by refusing to back down. This has led to a rapid rise in not only the holdings of these Chainlink whales but the number of whale addresses associated with the...
Bitcoin News / Bitcoinist - 1 year ago
In a captivating revelation during the “What Bitcoin Did” podcast with Peter McCormack, David Marcus, the former spearhead of Facebook’s Libra project and now CEO & co-founder of Lightspark, made intriguing comments about Facebo...
Bitcoin News / Bitcoinist - 1 year ago
Recent data released by the Blockchain analytics firm Santiment revealed that the Cardano network leads the way among other blockchains by development activity. This comes as Charles Hoskinson’s Cardano continues to build and make innovations that ar...
Bitcoin News / Bitcoinist - 1 year ago
In what seems to be a significant step forward, ARK Invest/ 21Shares has submitted an updated version of its spot Bitcoin Exchange-Traded Fund (ETF) prospectus. This move follows after the SEC reached out to issuers a few weeks prior with comments an...
Bitcoin News / Bitcoinist - 1 year ago
Two crypto industry giants, Binance and Coinbase, have recently adjusted to align with the United Kingdom’s crypto regulations to continue their operations in the country. These changes are pivotal in the crypto industry’s journey as coun...
Bitcoin News / Bitcoinist - 1 year ago
Fresh data from Glassnode, a blockchain analytics platform, shows that on-chain transactions on Bitcoin, the world’s most valuable network, fell to an all-time low in the past three months. That there are fewer transactions suggests that holder...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, a Brazilian congressional committee has recommended the indictment of Binance CEO Changpeng “CZ” Zhao and three other Binance executives following an extensive investigation into financial pyramid schemes in Brazi...
Bitcoin News / Bitcoinist - 1 year ago
While there are those who say they are in crypto for the technology, it is safe to say the majority are in the space to make money. However, since Bitcoin has already grown so much, altcoins have become the clear alternative for those looking to take...
Bitcoin News / Bitcoinist - 1 year ago
The Shiba Inu community has been markedly more active following the launch of the Ethereum Layer 2 network Shibarium. However, with this rise in activity has come a lot of bad actors trying to take advantage of the situation. As a result, a team memb...
Bitcoin News / Bitcoinist - 1 year ago
Data shows the Bitcoin futures market is starting to overheat again, which could lead to higher asset price volatility. Bitcoin Open Interest Has Been Climbing Recently As an analyst in a CryptoQuant Quicktake post explained, the open interest has se...
