Bitcoin News / Bitcoinist - 1 year ago
On-chain data from Glassnode shows that Bitcoin short-term holders are currently realizing 55.6 times as many profits as losses. Bitcoin Short-Term Holders Continue To Take Profits According to data from the on-chain analytics firm Glassnode, the sho...
Bitcoin News / Bitcoinist - 1 year ago
Circle’s CEO, Jeremy Allaire, has expressed interest in issuing the company’s USD Coin (USDC) stablecoin in Japan following the implementation of the country’s revised Payment Services Act. This act allows for the issuance of stabl...
Bitcoin News / Bitcoinist - 1 year ago
BlackRock, Fidelity Investments, and several other applicants for spot Bitcoin ETFs are scheduled to hold a meeting with the United States Securities and Exchange Commission (SEC). This meeting follows the refiling of their applications with the...
Bitcoin News / Bitcoinist - 1 year ago
Israel’s parliament, the Knesset, has given initial approval to a bill that seeks to extend tax benefits currently available to technology-driven industries to the emerging crypto sector in the country. Knesset member Dan Ilouz is the sponsor o...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the total number of Litecoin whales has grown recently as the coin’s halving is now just a month away from now. Litecoin Addresses With At Least 10,000 LTC Have Increased In Number Recently According to data from the on-chai...
Bitcoin News / Bitcoinist - 1 year ago
Celsius and its former CEO, Alex Mashinsky, are facing significant allegations of violating US regulations, as revealed by investigators from the Commodity Futures Trading Commission (CFTC). The CFTC’s enforcement division, after thorough exam...
Bitcoin News / Bitcoinist - 1 year ago
In the fast-paced world of crypto, where trends come and go like the tides, one memecoin has managed to capture the attention of enthusiasts and skeptics alike: Shiba Inu. However, investor sentiment has deteriorated massively in recent months, as th...
Bitcoin News / Bitcoinist - 1 year ago
The IMF, or International Monetary Fund, renowned for its extensive research and analysis in the realm of global finance, has recently released a working paper that sheds light on the intricate challenges associated with tax collection in the realm o...
Bitcoin News / Bitcoinist - 1 year ago
In the realm of Bitcoin mining, the United Arab Emirates (UAE) has emerged as a force to be reckoned with, spearheaded by none other than Abu Dhabi’s sovereign wealth fund. This strategic move has transformed the UAE into a burgeoning hub for B...
Bitcoin News / Bitcoinist - 1 year ago
Forecasting how much income Coinbase Global would generate has become nearly impossible because to the uncertainties surrounding the company, an expert claimed. According to reports, Piper Sandler analyst Patrick Moley has downgraded Coinbase because...
Bitcoin News / Bitcoinist - 1 year ago
World’s biggest cryptocurrency exchange, Binance, has announced it is ceasing support of deposits and withdrawals for an array of Multichain-bridged tokens starting from July 7, 2023. On May 25, Binance initially suspended the deposit of 10 Mu...
Bitcoin News / Bitcoinist - 1 year ago
The year has been challenging for Binance, the world’s leading cryptocurrency exchange, and its U.S. counterpart, Binance.US. Both have considerably reduced their market shares due to increased regulatory scrutiny across various global jurisdic...
Bitcoin News / Bitcoinist - 1 year ago
XRP, the native token of the XRPL protocol, has decreased its total supply. Over the past 30 days, roughly 247,016 XRP tokens have been permanently burned, reducing the total circulating supply. This trend was first highlighted by an anonymous Twitt...
Bitcoin News / Bitcoinist - 1 year ago
In June, spot trading volume on centralized crypto exchanges rose by over 16% to $575 billion. This increase represents its first increase in three months, according to a CCData review. This surge in trading activity across spot markets has been link...
Bitcoin News / Bitcoinist - 1 year ago
Following the SEC stating that recent filings were inadequate, all spot Bitcoin ETF proposals have been submitted. With the ball back in the SEC’s court, will the latest updates to lead to a slam dunk approval with the chief US regulator, or another...
Bitcoin News / Bitcoinist - 1 year ago
According to a recent Bloomberg report, Valkyrie has refiled an application for a Bitcoin (BTC) Spot exchange-traded fund (ETF) that would invest directly in Bitcoin. The firm has named Coinbase as the market surveillance provider for the ETF. The U...
Bitcoin News / Bitcoinist - 1 year ago
The United States arm of the crypto exchange Binance has been targeted by regulators over the last month. As a result, the Binance.US exchange has been seeing its market share declining rapidly, and now, the crypto exchange’s market share in the coun...
Bitcoin News / Bitcoinist - 1 year ago
Binance Academy, the academy arm of Binance, has announced that it is teaming up with Coursera to launch a blockchain education program to spread knowledge about this transformative technology. With more than 124 million registered users across vario...
Bitcoin News / Bitcoinist - 1 year ago
Metis, an Ethereum layer-2 platform, warns users not to buy METIS on the BNB Blockchain days after the PolyNetwork was hacked and $5.5 million of assets stolen. In a tweet shared on July 5, Metis said they took a snapshot of all addresses holding MET...
Bitcoin News / Bitcoinist - 1 year ago
BlackRock’s newest incursion into the Bitcoin (BTC) market has attracted attention. The world’s largest asset manager filed to launch the first spot BTC Exchange Traded Fund (ETF), which awaits approval or rejection from the U.S. Securities and Excha...
Bitcoin News / Bitcoinist - 1 year ago
The Danish Financial Supervisory Authority (FSA) has ordered Saxo Bank to dispose of its inventory of crypto assets, following a decision that the bank’s trading in these assets at its own expense is found to be outside the “legal scope&#...
Bitcoin News / Bitcoinist - 1 year ago
The Pi Network, launched in 2019, gained significant traction in Vietnam in 2021 by enabling users to earn the tokens through their mobile phones, removing the requirement for costly mining equipment. Nonetheless, skeptics contend that the network...
Bitcoin News / Bitcoinist - 1 year ago
In a bid to assert dominance in the blockchain sector and drive the development of a digital Hong Kong dollar, a group of scholars led by Cai Wensheng, Vice President of the Hong Kong University of Science and Technology, has proposed the creation of...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows that the amount of Bitcoin held by investors for more than one year has hit a new all-time high. Bitcoin Investors Have Continued To Show HODLing Behavior According to data from the on-chain analytics firm Glassnode, the 1+ years...
Bitcoin News / Bitcoinist - 1 year ago
UK legislators have moved to consider changes in the previously introduced Economic Crime and Corporate Transparency Bill. The legislation, aimed at empowering authorities to seize crypto assets linked to criminal activities, underwent a third readin...
