Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the Bitcoin profit-taking volume has shot up after the cryptocurrency’s price briefly broke above the $27,000 level. Bitcoin Observes 2.4 Times As Many Profit Transfers As Loss Ones According to data from the on-chain analyt...
Bitcoin News / Bitcoinist - 2 years ago
The collapse of FTX sent shockwaves throughout the crypto space, triggering the downfall of some crypto firms and prices crashed along with it. However, the market is picking up once more and confidence is returning. Bitcoinist caught up with Bitrueâ...
Bitcoin News / Bitcoinist - 2 years ago
According to a recent report by Bloomberg, Coinbase has explored the possibility of setting up a cryptocurrency trading platform in a jurisdiction outside United States agencies’ regulatory reach. The report suggests that the crypto exchange ha...
Bitcoin News / Bitcoinist - 2 years ago
Hudson Jameson, a core developer liaison who previously worked with the Ethereum Foundation, the non-profit organization behind the world’s largest smart contracting platform, has joined Polygon. Jameson Joins Polygon In a tweet on March 16, J...
Bitcoin News / Bitcoinist - 2 years ago
Euler Fianance protocol was attacked almost a week ago, which resulted in a loss of more than $180 million. And though the attacker behind the scheme is yet to be certainly identified, popular on-chain analyst Lookonchain has recently reported data h...
Bitcoin News / Bitcoinist - 2 years ago
The increasing crypto adoption globally has opened up different jurisdictional classifications and regulations for digital assets. Regulatory agencies and authorities determine the extent of transactions and the class of crypto tokens based on their...
Bitcoin News / Bitcoinist - 2 years ago
Three cases of bank collapse have recently occurred and impacted the NFT market. These banks include Signature Bank, Silvergate, and Silicon Valley Bank. This event resulted from strict regulations, an economic downtrend, a liquidity crunch, and fail...
Bitcoin News / Bitcoinist - 2 years ago
The popular meme coin SHIB recently faced issues due to the controversy surrounding the Shibarium code. But the latest on the layer 2 network is that its beta launch will hit the metaverse this week. But while the anticipation grows within the commun...
Bitcoin News / Bitcoinist - 2 years ago
The recent implosion of some US banks spiked mixed reactions among the public. Most customers of both Silicon Valley and Signature Bank feared a possible loss of their money following the closure of the banks. However, the Treasury Secretary, Janet...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data from Santiment shows Ethereum whales were selling during the past year while sharks were buying more of the asset. Ethereum Sharks Added 3.61 Million ETH To Their Holdings In Past Year According to data from the on-chain analytics firm...
Bitcoin News / Bitcoinist - 2 years ago
One of the biggest influencers in the crypto space, Ben Armstrong, better known as “BitBoy,” has delivered on his threat and revealed the alleged identity of the secret Shiba Inu founder. In his latest 20-minute video, Armstrong refers to...
Bitcoin News / Bitcoinist - 2 years ago
21Shares is set to delist its Terra exchange-traded product (ETP) and pull the plug on five other cryptocurrency ETPs, citing a lack of investor interest. The move comes as the firm looks to streamline its offerings and focus on more promising oppor...
Bitcoin News / Bitcoinist - 2 years ago
Playboy, founded by the late Hugh Hefner, announced a staggering impairment loss of $5 million on its Ethereum holdings from last year. The company attributed the loss to the prolonged crypto winter that had a significant impact on the broader market...
Bitcoin News / Bitcoinist - 2 years ago
Hong Kong is rapidly becoming an attraction site for the crypto industry as the city maintains strong efforts in converting its territory into a global crypto hub. In the latest news, a cryptocurrency data firm, Kaiko, becomes the latest Web3 company...
Bitcoin News / Bitcoinist - 2 years ago
If Ripple wins against the US Securities and Exchange Commission (SEC) in its legal battle, a relisting of the XRP token on the largest American crypto exchange Coinbase will be one of the biggest stories within the XRP community. In a new interview,...
Bitcoin News / Bitcoinist - 2 years ago
When it comes to SaaS companies, Salesforce is the creme of the crop. The CRM software firm focuses on a suite of tools that standardizes customer engagement for large firms, and is now adding NFTs to their scope, courtesy of a partnership with the P...
Bitcoin News / Bitcoinist - 2 years ago
Following the issuance of a Wells Notice from the Securities and Exchange Commission (SEC) to Binance USD (BUSD) issuer Paxos, the stablecoin has taken a hit in the market. Its market cap plunged rapidly as the firm was ordered to stop issuing new to...
Bitcoin News / Bitcoinist - 2 years ago
Amid the instability in the US banking sector, the United States Federal Deposit Insurance Corporation (FDIC) has reportedly now made a decision against the crypto industry. According to a report published on Wednesday evening, potential buyers of th...
Bitcoin News / Bitcoinist - 2 years ago
USDC stablecoin investors panicked when Circle announced its exposure to the shuttered banks, and Circleâs latest report on USDC Reserves and attestation from Deloitte, the global audit company, confirms the connection. However, in a new development...
Bitcoin News / Bitcoinist - 2 years ago
As the FTX bankruptcy case continues, the administrators continue to discover critical issues that could have led to the crash. Recall that the founder and CEO Sam Bankman-Fried mismanaged the customersâ funds leading to the exchange crash last year....
Bitcoin News / Bitcoinist - 2 years ago
The U.S.-based non-profit Blockchain Association (BA) requested information from regulators in the country about an alleged de-banking of crypto companies. Over the past months, the sector has seen some of its most prominent actors lose access to acc...
Bitcoin News / Bitcoinist - 2 years ago
While cryptocurrency gains mainstream adoption across sectors, some traditional financial institutions are beginning to accept it. A recent report revealed that a new Zurich-based fintech, Grow Bank, plans to integrate crypto and fiat currency into i...
Bitcoin News / Bitcoinist - 2 years ago
The Arbitrum Foundation has announced the launch of its new token under the ticker ARB, which will go live on March 23. With a $300 million ARB distribution, The ARB token will allow holders to vote on changes to the Ethereum layer 2 network. Arbitr...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the total number of Bitcoin addresses has seen rapid growth recently, a sign that adoption may be accelerating. Bitcoin Total Addresses Have Grown By 3.95% During The Last Two Months According to data from the on-chain analytics f...
Bitcoin News / Bitcoinist - 2 years ago
The crypto space is still buzzing with the latest crypto attack on the decentralized lending protocol, Euler Finance. The exploit, which took place on March 13, saw the platform lose about $196 million worth of crypto assets. The hacker preyed on sof...
