Bitcoin News / Bitcoinist - 2 years ago
Digital asset manager Grayscale is embroiled in a legal fight against the U.S. Securities and Exchange Commission (SEC). The company requested approval to convert its most significant and most popular product, the Grayscale Bitcoin Trust (GBTC), into...
Bitcoin News / Bitcoinist - 2 years ago
Floki Inu, a meme coin, has emerged as one of the best performers in the crypto market in the last day. Where other cryptocurrencies in the space are seeing low single-digit gains, the meme coin has been able to mount an impressive rally, leading to...
Bitcoin News / Bitcoinist - 2 years ago
Data from Glassnode shows that Bitcoin’s latest rejection around the $23,800 level coincided with the cost basis of a particular whale group. Whales Who Bought Following December 2018 Have Their Cost Basis At $23,800 According to the latest wee...
Bitcoin News / Bitcoinist - 2 years ago
WeChat, a popular app in China, has integrated the digital Yuan into the platform. The aim is to make payments faster and seamless for the app users. Apart from WeChat, another payment app in China, Alipay also supports the digital Yuan. The increas...
Bitcoin News / Bitcoinist - 2 years ago
The Yuga Labs 12Fold Collection auction ended yesterday. The event kicked off on March 5 and based on the announcement, 288 bidders will receive 288 inscriptions from the 300 NFT-like images on Satoshi using Ordinals. Even though many people critici...
Bitcoin News / Bitcoinist - 2 years ago
Due to this increased watch over the crypto space, many firms have been scrutinized and found non-compliant with specific rules. Coinbase is one of the firms under the radar of financial watchdogs. On March 6, Coinbase CEO was interviewed on Bloomber...
Bitcoin News / Bitcoinist - 2 years ago
Weeks later after its supposed crackdown on the crypto industry, the U.S. Securities and Exchange Commission (SEC) is still making it into the headlines. On March 3, the regulator filed a complaint against a Utah firm over an allegedly fraudulent cry...
Bitcoin News / Bitcoinist - 2 years ago
The promise of free cryptocurrencies that can someday turn into valuable coins is a proposition no one wants to pass up. Airdrops are among the most popular methods to get free crypto, while others rely on referral programs and other solutions. At Pr...
Bitcoin News / Bitcoinist - 2 years ago
The ongoing bankruptcy proceeding for Voyager Digital has sprouted a controversy with the US Securities and Exchange Commission. As the court considers a restructuring plan to bring the firm out of bankruptcy, Voyager executives proposed to issue a r...
Bitcoin News / Bitcoinist - 2 years ago
Conor Grogan, head of product business operations at Coinbase, has made a sensational discovery, linking the anonymous inventor of Shiba Inu, Ryoshi, to former FTX CEO Sam Bankman-Fried (SBF). In a Twitter thread, Grogan today presented the evidence...
Bitcoin News / Bitcoinist - 2 years ago
Central banks around the world are exploring the possibility of issuing central bank digital currencies, or CBDC, as a digital version of their national currencies. The study on CBDC is centered on understanding the potential benefits and risks assoc...
Bitcoin News / Bitcoinist - 2 years ago
Grayscale, the world’s largest Bitcoin fund, is being sued by Alameda and FTX on behalf of FTX’s debtors and affiliates. According to a press release issued by the FTX Debtors on Monday, claims have also been filed directly against Graysc...
Bitcoin News / Bitcoinist - 2 years ago
Bybit has introduced a debit card that can be used on the Mastercard network and would deduct cryptocurrency holdings from accounts when making purchases. The launch of Bybit’s virtual and physical debit card offerings comes days after the Duba...
Bitcoin News / Bitcoinist - 2 years ago
In the legal dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, Judge Analisa Torres has issued an initial ruling, but it is not the summary judgment ruling. Instead, the judge has issued a 57-page ruling on both parti...
Bitcoin News / Bitcoinist - 2 years ago
The world first caught wind of e-commerce giant Amazon’s first inklings of NFT exploration less than three months ago. But it looks like the next three months could very well be action-packed, as rumors continue to swirl around the new expected...
Bitcoin News / Bitcoinist - 2 years ago
Today marks 90 years since Proclamation 2039. While the historical event took place nearly 75 years before Bitcoin was created, its anniversary is a reminder why the top cryptocurrency was created and why it is important to consider owning some. Wha...
Bitcoin News / Bitcoinist - 2 years ago
The Securities and Exchange Commission (SEC) continues its enforcement actions against the crypto industry, filing an emergency action against Miami-based crypto hedge fund BKCoin and its principal Kevin Kang. According to the SEC’s complaint,...
Bitcoin News / Bitcoinist - 2 years ago
Amid the several downturns in the crypto market, including the Silvergate fallout and regulatory crackdown, the U.S.-based cryptocurrency exchange Kraken has unveiled its plans to launch a banking institution. This was revealed by Marco Santori, Krak...
Bitcoin News / Bitcoinist - 2 years ago
Data shows Bitcoin funding rates have turned negative recently, suggesting that shorts are accumulating on the market. Will a squeeze follow? Bitcoin Funding Rates Are At Their Most Negative Since December 2022 As an analyst in a CryptoQuant post poi...
Bitcoin News / Bitcoinist - 2 years ago
For some folks, cryptocurrencies are complex and high-risk assets, which makes them hard to comprehend despite their potential. This limitation has posed challenges for several governments while seeking regulatory clarity for crypto. The same issue h...
Bitcoin News / Bitcoinist - 2 years ago
With the bear market deepening and causing ups and downs in the Bitcoin market every now and then, the piecing together of significant adoption news to come up with a conclusion that maybe the bear season was a distraction after all is something that...
Bitcoin News / Bitcoinist - 2 years ago
Last week, news quickly circulated that Silvergate Bank, a crypto-friendly bank, was in hot water and had to stop offering USD services to its around 1,600 crypto customers. This obviously had a significant impact on the market as assets such as Bitc...
Bitcoin News / Bitcoinist - 2 years ago
The Central Bank of Ukraine banned crypto transactions via bank cards to prevent its national currency, the hryvnia, from being used on crypto exchanges. Similarly, Binance and the country’s leading exchange Kuna have confirmed the suspension o...
Bitcoin News / Bitcoinist - 2 years ago
Last weekend was hot for Yuga Labs as the crypto community criticized how it modeled its first Bitcoin NFT auction. The creator of the Bitcoin NFT protocol Ordinals also expressed displeasure at the model, threatening to wash his hands off. Yuga Lab...
Bitcoin News / Bitcoinist - 2 years ago
Many crypto enthusiasts believe the growing trend of Bitcoin ATMs will drive more adoption, given the ease of access. But Bloomberg reported last year that the crypto winter affected Bitcoin ATMs. While the community complains about the impact of the...
