Bitcoin News / Bitcoinist - 1 year ago
Data shows that Bitcoin dominance has risen to a value of 47.6% as investors have been rotating their altcoins into BTC. Bitcoin Dominance Has Gone Up By 7.6% Since The Start Of 2023 As the on-chain analytics firm Glassnode pointed out, alts are bein...
Bitcoin News / Bitcoinist - 1 year ago
Defunct crypto lender Celsius Network has proposed a joint reorganization plan to resolve its outstanding claims and interests under Chapter 11 of the Bankruptcy Code. As part of this plan, Celsius has requested court approval to convert all altcoin...
Bitcoin News / Bitcoinist - 1 year ago
According to reports, the Hong Kong Monetary Authority (HKMA), the regulatory body overseeing banking activities in the region, has allegedly been encouraging major banks such as HSBC and Standard Chartered to establish relationships with cryptocurre...
Bitcoin News / Bitcoinist - 1 year ago
Microstrategy founder Michael Saylor predicts a significant transformation in the crypto industry, with Bitcoin taking center stage, while other cryptocurrencies face a challenging regulatory landscape. MicroStrategy’s Michael Saylor Foresees 1...
Bitcoin News / Bitcoinist - 1 year ago
As the legal web surrounding Sam Bankman-Fried (SBF), the founder of the now-defunct cryptocurrency exchange FTX, continues to tighten, U.S. prosecutors have requested a different trial to address new charges against him. These fresh charges, which...
Bitcoin News / Bitcoinist - 1 year ago
Binance appears unfazed despite the recent U.S. Securities and Exchange Commission (SEC) charges. The crypto exchange announced the launch of another batch of subscription-based cloud mining services for Bitcoin on Wednesday, June 14. Binance first...
Bitcoin News / Bitcoinist - 1 year ago
Blockchain payments technology company Ripple is set to partner with Colombia’s central bank, Banco de la República. They aim to research potential applications of blockchain technology within Colombia, a significant development in South Americ...
Bitcoin News / Bitcoinist - 1 year ago
As a professional trader, you’re always on the lookout for platforms that offer cutting-edge tools, a wide range of instruments, and high liquidity. PrimeXBT, a rapidly growing cryptocurrency trading platform, has become a preferred choice for...
Bitcoin News / Bitcoinist - 1 year ago
Per a Coindesk report, BlackRock, the world’s largest asset manager, is reportedly getting closer to filing an application for a Bitcoin (BTC) Exchange-Traded Fund (ETF) in the United States. According to an anonymous source familiar with the...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin has extended its decline today as on-chain data shows the whales have been actively making large moves in the past day. Dogecoin Whales Have Made Several Large Movements In The Last 24 Hours According to data from the cryptocurrency transact...
Bitcoin News / Bitcoinist - 1 year ago
Brazil’s President, Luiz Inacio Lula Da Silva, has taken a significant step toward clarifying the regulatory landscape of crypto in the country. With the recent signing of legislation, the roles of the Central Bank in overseeing the crypto indu...
Bitcoin News / Bitcoinist - 1 year ago
The XRP community has been digging through the recently released 400+ pages of Hinman documents in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), examining why the former director of the SEC’s Division...
Bitcoin News / Bitcoinist - 1 year ago
Crypto trade body Blockchain Australia, a prominent organization in the Oceanic country, has expressed concerns regarding the potential ramifications of imposing stringent regulations on the industry. In response to the Commonwealth Bank of Australia...
Bitcoin News / Bitcoinist - 1 year ago
Coinbase has taken a defiant stance against the US Securities and Exchange Commission’s proposed definition change. In a bold move, Paul Grewal, the company’s chief legal officer, has accused the regulator of preemptively imposing its aut...
Bitcoin News / Bitcoinist - 1 year ago
It’s probably the most bizarre crypto story since FTX collapsed and Sam Bankman-Fried’s (SBF) entanglements with politics and the U.S. Securities and Exchange Commission (SEC) were revealed. In any case, the Prometheum story is the strang...
Bitcoin News / Bitcoinist - 1 year ago
Recent legal disputes involving Prime Trust, a prominent custodian, and the temporary halt of TrueUSD (TUSD) minting have shed light on the challenges custodians face, as its subsidiary Banq declares bankruptcy. Recall that Prime Trust faced a lawsui...
Bitcoin News / Bitcoinist - 1 year ago
There has been discussion about forking Solana, a blockchain platform that provides greater scalability in its fourth generation. However, an important developer has disclosed that the Solana Foundation and other programmers are not enthusiastic abou...
Bitcoin News / Bitcoinist - 1 year ago
US Treasury official, Graham Steele, emphasizes the advantages of a retail CBDC backed by the Federal Reserve, providing safety during bank runs and stabilizing private sector lending. Striking The Anonymity Balance During a recent Texas payments con...
Bitcoin News / Bitcoinist - 1 year ago
Binance.US and the Securities and Exchange Commission (SEC) seek common ground to avoid a complete asset freeze on the cryptocurrency trading platform. The SEC had sought an asset freeze for Binance.US, a trading platform owned by Binance Holdings f...
Bitcoin News / Bitcoinist - 1 year ago
Data shows Tether (USDT) has recently observed growth in its dominance, while USD Coin (USDC) and others have lost market share. USDT Dominance Has Grown To A Value Of 67.6% Now According to data from the on-chain analytics firm Glassnode, the relati...
Bitcoin News / Bitcoinist - 1 year ago
Despite the first pause in a historic series of interest rate hikes by the US Federal Reserve, Bitcoin price appears unaffected, maintaining a steady price range between $25,000 and $28,000. Amid the market digesting the Fed’s interest rate de...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, US District Judge Amy Berman Jackson has rejected the Securities and Exchange Commission’s (SEC) request to freeze the assets of Binance.US, the American arm of the cryptocurrency trading platform Binance. The court has...
Bitcoin News / Bitcoinist - 1 year ago
Over the last week, the XRP community was abuzz with the expectation that the Hinman documents were finally going to be released. The fight to release these documents had waxed on for a long between Ripple and the United States Securities and Exchang...
Bitcoin News / Bitcoinist - 1 year ago
On June 15, clients of the United States division of the bankrupt cryptocurrency exchange Bittrex will be able to withdraw their assets, following a court ruling by a Delaware bankruptcy court. The exchange had declared bankruptcy in May, but the Un...
Bitcoin News / Bitcoinist - 1 year ago
The crypto industry is rapidly expanding and gradually creeping into crypto payment systems as more businesses adopt cryptocurrencies as a payment option. In the latest development, French fast food chain Black & White Burger’s Belgian franchise...
