Bitcoin News / Bitcoinist - 1 year ago
Amid the declining trajectory of the crypto market, 2023 has seen increased crypto adoption and interest in some regions around the world. One of the regions that has shown increased adoption and interest is Turkey.
Currently, more than half of the c...
Bitcoin News / Bitcoinist - 1 year ago
Ripple’s strategic direction with the XRP token has historically always been a subject of intense scrutiny and discussion. Recent developments suggest a potential pivot in Ripple’s long-term vision for XRP.
Historically, the company’...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Cardano activity-related indicators are still at high values, despite the price going downhill recently.
Cardano Volume And Social Dominance Are Still At Notable Levels
Cardano didn’t have the best of times in August, as...
Bitcoin News / Bitcoinist - 1 year ago
Shiba Inu lead developers Shytoshi Kusama and Kaal Dhairya have continuously updated the Shiba Inu community since Shibarium launched. This time around, Dhairya has provided some key updates as to the workings of the network.
Shibarium Sees Notable...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin, the world’s leading cryptocurrency, appears to be on shaky ground as it heads into September, historically a challenging month for the digital asset.
The uncertainty stems from a combination of factors, including the latest decision b...
Bitcoin News / Bitcoinist - 1 year ago
The Bitcoin and crypto market is starting into a very quiet week today in terms of upcoming events. Both crypto related events as well as notable macro data are very scarce this week. The most important macro data are the ISM Services PMI (on Wednesd...
Bitcoin News / Bitcoinist - 1 year ago
Solana co-creator Anatoly Yakovenko, in an aggressive move that could potentially reshape the fate of the embattled cryptocurrency exchange FTX and bolster the Solana network, has called for the redistribution of SOL tokens currently held in FTX̵...
Bitcoin News / Bitcoinist - 1 year ago
In August, the Securities and Exchange Commission (SEC) filed an interlocutory appeal against Judge Torres’ ruling in favor of Ripple Labs. In response, the crypto firm has now filed its reply in opposition to the SEC’s request for an appeal.
Ripple...
Bitcoin News / Bitcoinist - 1 year ago
JP Morgan analysts, spearheaded by Nikolaos Panigirtzoglou, have forecasted that the US Securities and Exchange Commission (SEC) will likely be forced to greenlight several spot Bitcoin Exchange-Traded Funds (ETFs). This prediction comes on the heels...
Bitcoin News / Bitcoinist - 1 year ago
Recently submitted court filings to the U.S. Bankruptcy Court for the District of Delaware have shown a sequence of financial transactions that preceded the decline of FTX in November 2022. The aforementioned papers suggest that the majority of these...
Bitcoin News / Bitcoinist - 1 year ago
The global Google search traffic for the organic term “cryptocurrency” is at the lowest point in five years, reflecting a shift in user sentiment. Even though prices of top crypto assets, including Bitcoin, are way above 2018 lows at spot rates, mark...
Bitcoin News / Bitcoinist - 1 year ago
Binance CEO Changpeng ‘CZ’ Zhao made a confident assertion last July that decentralized finance, commonly referred to as DeFi, is poised to rise above centralized finance, or CeFi, in terms of prominence and significance within the financ...
Bitcoin News / Bitcoinist - 1 year ago
Crypto startups faced a startling setback in August as venture funding plummeted to less than $500 million, marking the lowest point in over two years, according to data from The Block Research.
This decline marks the fourth consecutive month of dwi...
Bitcoin News / Bitcoinist - 1 year ago
Cryptocurrency has long been a contentious subject in China, with the government imposing strict regulations and outright bans on various aspects of the industry. However, a recent report from China’s People’s Court challenges this histor...
Bitcoin News / Bitcoinist - 1 year ago
In its latest court filing, the legal team representing Ripple Labs – the company behind the XRP token – argued that the United States Securities and Exchange Commission (SEC) doesn’t have the grounds to request an appeal.
This come...
Bitcoin News / Bitcoinist - 1 year ago
The battle between the Securities and Exchange Commission (SEC) and Ripple Labs over the regulatory status of XRP took a dramatic turn last week. The latest powerplay? A Hail Mary interlocutory appeal from the authority. The agency tried appealing a...
Bitcoin News / Bitcoinist - 1 year ago
MakerDAO Co-founder Rune Christensen has suggested the DeFi project utilize a fork of Solana’s codebase to build its proposed “NewChain.”
Back in May, the MakerDAO announced its “Endgame” network update aimed at improving the protocol’s “efficiency,...
Bitcoin News / Bitcoinist - 1 year ago
Grayscale is known to be one of the largest holders of the flagship cryptocurrency, Bitcoin. However, a recent report by crypto analytics platform Arkham Intelligence suggests that the asset manager could also be the entity with the second-largest Et...
Bitcoin News / Bitcoinist - 1 year ago
Former US Securities and Exchange Commission (SEC) Chair, Jay Clayton, has weighed in on the ongoing applications for Bitcoin (BTC) spot Exchange-Traded Funds (ETFs) by various asset managers, including BlackRock, WisdomTree, and Ark Invest.
Despite...
Bitcoin News / Bitcoinist - 1 year ago
Elon Musk’s X (formerly Twitter) has been going through an interesting phase since the billionaire took over and crypto enthusiasts can’t help but hope that Dogecoin is in the grand plan of things. This is because the social media platform has underg...
Bitcoin News / Bitcoinist - 1 year ago
Robinhood, the popular online brokerage platform, has successfully executed a significant share repurchase agreement, acquiring $605 million worth of shares from Emergent Fidelity Technologies, owned by Sam Bankman-Fried, former CEO of the bankrupt c...
Bitcoin News / Bitcoinist - 1 year ago
The crypto space, long viewed as particularly vulnerable to cyber criminals due to its nascent stage, faces fresh malware threats. A recent joint report from top intelligence agencies in the United States and the United Kingdom underscores this ongoi...
Bitcoin News / Bitcoinist - 1 year ago
In an effort to maintain decentralization and promote responsible and sustainable blockchain growth, a group of large Ethereum stakers have voluntarily agreed to devote themselves to a self-limit rule that would restrict the scope of their staking ac...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Chainlink exchange supply has observed a plummet, something that could turn out to be bullish for the asset’s price.
Chainlink Supply On Exchanges Has Registered A Drawdown Recently
According to data from the on-chain an...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin (BTC) and the entire cryptocurrency market are currently caught in a sideways trading pattern, leaving investors grappling with uncertainty. In a market where prices can swing dramatically in a matter of minutes, such stability can be unsettl...