Bitcoin News / Bitcoinist - 1 year ago
The Nasdaq (NDX) retreated last week, leaving behind a nasty looking candle. However, when measuring the underlying trend strength, tech stocks could have a lot more to go. And if that’s the case, it could be bullish for Bitcoin according to a new hi...
Bitcoin News / Bitcoinist - 1 year ago
According to data from L2Beat, the total value locked (TVL) of Base, a layer-2 scaling solution for Ethereum utilizing optimistic rollups, is up 53%. As of the latest figures, the TVL stands at $952,000 as various assets, mainly Ethereum (ETH), are t...
Bitcoin News / Bitcoinist - 1 year ago
According to data from Dune Analytics on July 24, the amount of Wrapped Bitcoin (wBTC), a synthetic form of Bitcoin, circulating on Ethereum has fallen by 44% since May 2022. In July 2023, wBTC circulating on Ethereum stood at approximately 158,000 B...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Bitcoin long-term holders have continued to HODL strong recently, as their supply has reached a new all-time high. Bitcoin Long-Term Holders Now Control 75% Of The Circulating Supply According to data from the on-chain analyti...
Bitcoin News / Bitcoinist - 1 year ago
Elon Musk’s recent announcement to rebrand Twitter as ‘X’ has caused a stir in the cryptocurrency world, with the previously unnoticed altcoin X experiencing an astounding rise in value of 11486.6% in just seven days. Musk’s v...
Bitcoin News / Bitcoinist - 1 year ago
Ethereum co-founder Vitalik Buterin recently expressed his concern over Worldcoin, one of the most recent projects in the crypto community, which launched on Monday. The launch of Worldcoin has sent the whole industry into a frenzy, with trading and...
Bitcoin News / Bitcoinist - 1 year ago
As the XRP community eagerly anticipates the outcome of the SEC’s appeal against Judge Analisa Torres’ ruling, significant developments are unfolding within the cryptocurrency’s ecosystem. XRP wallets holding more than 100 million...
Bitcoin News / Bitcoinist - 1 year ago
In South Korea, numerous private banks are actively researching tokenized deposit technology as a viable alternative to both private stablecoins and central bank digital currencies (CBDCs). Top banks in the region have shown considerable interest in...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin became one of the most popular cryptocurrencies in the last bull market after going on an impressive rally back in 2020 after forming a descending triangle. Even now, the meme coin continues to enjoy the spoils of that rally, remaining one o...
Bitcoin News / Bitcoinist - 1 year ago
Binance, the largest cryptocurrency exchange in the world by trading volume, has fired back at the United States Securities and Exchange Commission (SEC) over wash trading allegations. The exchange says the regulator’s claims are false due to its mis...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Litecoin network has continued to see adoption recently as the coin’s halving is only 10 days away now. Litecoin Addresses With 100+ LTC Have Continued To Rise Recently According to data from the on-chain analytics firm...
Bitcoin News / Bitcoinist - 1 year ago
Peer-to-peer crypto exchanges, which operate in a decentralized manner, have experienced a significant decline in their spot trading volumes over the past year. This decline is a striking contradiction to the optimistic forecasts made by crypto enth...
Bitcoin News / Bitcoinist - 1 year ago
Alphapo, a crypto payment platform, experienced a breach in its hot wallets involving Ethereum, TRON, and Bitcoin, resulting in a loss of at least $31 million. Given the uncertainty about the exact amount of Bitcoins stolen, the total sum drained off...
Bitcoin News / Bitcoinist - 1 year ago
Central bank digital currency has gained another top critic as the US Federal Reserve, under Jerome H. Powell’s chairmanship, considers potential CBDC designs. In a July 23 tweet, Republican representative Warren Davidson condemned any potenti...
Bitcoin News / Bitcoinist - 1 year ago
Once a successful cryptocurrency exchange with a staggering $32 billion valuation, FTX is now sinking in legal troubles amid a sea of scandal. Sam Bankman-Fried, better known as SBF, the exchange’s former CEO, is at the heart of the storm after...
Bitcoin News / Bitcoinist - 1 year ago
As the world of digital assets continues to evolve at a staggering pace, lawmakers and regulatory bodies are grappling to keep up. In the United States, these efforts have now culminated in a significant push for regulatory clarity in the burgeoning...
Bitcoin News / Bitcoinist - 1 year ago
BITmarkets has emerged as a comprehensive cryptocurrency exchange, offering both crypto-to-crypto and fiat-to-crypto functionalities. With a commitment to user-friendliness, security, and a diverse range of trading options, BITmarkets has garnered at...
Bitcoin News / Bitcoinist - 1 year ago
Brad Garlinghouse, the CEO of Ripple, has voiced his strong concerns regarding the regulatory landscape for digital assets in the United States, criticizing the Securities and Exchange Commission for the “mess” it has created. Expressing...
Bitcoin News / Bitcoinist - 1 year ago
Sam Altman, the name behind ChatGPT and OpenAI, has been developing a crypto product, Worldcoin. According to a press release shared with Bitcoinist, the project is finally going global after years of development and a long beta phase. Worldcoin...
Bitcoin News / Bitcoinist - 1 year ago
Elon Musk, the billionaire owner of Twitter, has stated that he plans to make additional modifications to the website. One of the anticipated changes entails changing the company’s iconic blue bird emblem to “X.” In a significant de...
Bitcoin News / Bitcoinist - 1 year ago
Today, Bitcoin celebrated an epic milestone with the mining of Block 800,000, marking a momentous occasion in the first cryptocurrency’s history. James Check aka Checkmate, lead on-chain analyst at Glassnode, took to Twitter to share some intri...
Bitcoin News / Bitcoinist - 1 year ago
After securing a major legal triumph against the US Securities and Exchange Commission (SEC), Ripple, the blockchain payments firm, is now focusing on its expansion plans in Europe. Ripple’s move to apply for registration with the Financial Con...
Bitcoin News / Bitcoinist - 1 year ago
In a shocking revelation on the dark net, Bitcoin played a chilling role in a sinister plot masterminded by Kristy Lynn Felkins, a 38-year-old woman from Nevada. Intent on carrying out an evil act, she sought the services of a hitman to execute a dea...
Bitcoin News / Bitcoinist - 1 year ago
The French arm of Binance, established on November 8, 2021, disclosed its financial statement for the year 2022 on Friday. The leading auditing service firm RSM Paris audited the Binance platform and concluded that the exchange had faced a loss of €4...
Bitcoin News / Bitcoinist - 1 year ago
The crypto space and the financial world at large are currently reacting to news that the United States Securities and Exchange Commission (SEC) may appeal the recent court ruling in its case against the blockchain company Ripple. This development wa...
