Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) is nearing a retest of a very important line. Will the bulls be able to come out on top? Bitcoin SOPR Again Nears The Bull-Bear Junction Retest As pointed out by an analyst in a CryptoQ...
Bitcoin News / Bitcoinist - 2 years ago
One of the largest cryptocurrency trading exchanges, Huobi, is now considering expanding its services to China. Huobi Chief Justin Sun believes this will be a massive turnaround for the firm in the hopes that China will contribute positively to its g...
Bitcoin News / Bitcoinist - 2 years ago
Blood is spilt as the king of crypto, Bitcoin, staggered and started a cascade of pain for the crypto market. At the time of writing, Bitcoin has gone down 4% in the daily time frame with the biggest loss occurring in the weekly with nearly 8%. The...
Bitcoin News / Bitcoinist - 2 years ago
BUSD and USDP issuer Paxos have come under New York regulators’ radar. Although there is no specific reason for the investigation, reports revealed that the New York Department of Financial Services (NYDFS) launched a probe into Paxos’ operatio...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin market sentiment has declined to neutral today as the price of the asset has dropped below the $22,000 level. Bitcoin Fear And Greed Index Now Points At “Neutral” Sentiment The “fear and greed index” is...
Bitcoin News / Bitcoinist - 2 years ago
Yesterday’s news revolving around the U.S. Securities and Exchange Commission’s enforcement action against Kraken has once again flushed great uncertainty into the crypto market, but Ripple CEO Brad Garlinghouse has pointed to the positiv...
Bitcoin News / Bitcoinist - 2 years ago
Blockchain tokenization has gained more traction in the financial industry recently. It allows people to convert their ownership rights or assets into digital forms to secure them. In the latest development, the German generational bank DekaBank reve...
Bitcoin News / Bitcoinist - 2 years ago
Polygon has been on a roll lately with internal developments driving MATIC’s price upwards, regaining the token’s November 2022 levels and giving confidence to investors. Ali Martinez, a veteran analyst in the crypto space, recently noted the huge de...
Bitcoin News / Bitcoinist - 2 years ago
Many mining firms, such as Argo Blockchain, have felt the impact of the decline in bitcoin prices. For some firms, their rigs could not cover their loan collaterals. So it’s not surprising that mining firms might feel the impact of last year...
Bitcoin News / Bitcoinist - 2 years ago
In a highly controversial move, the U.S. Securities and Exchange Commission (SEC) fined crypto exchange Kraken $30 million yesterday and forced it to shut down its staking product. In a Thursday announcement, the regulator disclosed that Kraken had f...
Bitcoin News / Bitcoinist - 2 years ago
Are music NFTs back? An industry ripe for disruption has often been cited as a perfect target for a decentralized player to shake things up. While some platforms have entered the scene, none have yet to prove that they can be an industry powerhouse....
Bitcoin News / Bitcoinist - 2 years ago
The Securities Exchange Commission (SEC) charged the two Kraken crypto exchange subsidiaries, Payward Ventures Inc and Payward Trading Ltd, with failing to register and offering their asset staking-as-a-service program. Kraken agreed to immediately...
Bitcoin News / Bitcoinist - 2 years ago
The crypto market has been seeing a slowdown since bitcoin’s rejection at $24,000 and its subsequent decline below $23,000. However, there are some cryptocurrencies that have still found a way to register upward momentum even at a time when the broad...
Bitcoin News / Bitcoinist - 2 years ago
Rihanna, famous pop and R&B singer, is soon to launch her limited Non-Fungible Token (NFT) collection of her global hit song “B*tch Better Have My Money” (BBHMM). Rihanna’s platinum-certified songs will be streamed on the popula...
Bitcoin News / Bitcoinist - 2 years ago
MakerDAO, one of the first decentralized finance (DeFi) Protocols built and established in the Ethereum blockchain, plans to launch Spark Lend (SL), a lending market focused on “liquid, decentralized, and high market cap assets.” Related...
Bitcoin News / Bitcoinist - 2 years ago
One of the U.S. and Brazil’s biggest Bitcoin ATM operators, Coin Cloud, filed for Chapter 11 Bankruptcy on Thursday, January 8, after the firm received a severe blow from the crypto winter and the FTX implosion, which left it with millions of d...
Bitcoin News / Bitcoinist - 2 years ago
In the early hours of Thursday, Bitcoin (BTC) the largest cryptocurrency by market cap, sank to a four-week low. The crypto asset slipped below its hovering $23,000 price range to as low as $22,408 before climbing back to its current price. Regulato...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows that Bitcoin network activity is now at its highest level since May 2021 as Ordinals NFTs have been rapidly gaining popularity. CryptoQuant’s Bitcoin Network Activity Index Has Shot Up Recently As per data from the on-chain...
Bitcoin News / Bitcoinist - 2 years ago
Via an official statement, the popular peer-to-peer (P2P) crypto trading platform LocalBitcoins announced the discontinuation of its service. The company claims that the persistent downside pressure in the crypto market negatively impacted its servic...
Bitcoin News / Bitcoinist - 2 years ago
Data shows that Shiba Inu is the number one cryptocurrency in the market based on the growth of its Telegram community. Shiba Inu Tops The Telegram Community Growth List As per data from a crypto analytics service on Twitter, SHIB currently has the f...
Bitcoin News / Bitcoinist - 2 years ago
In recent years, AI (artificial intelligence) has emerged as one of the most intriguing and quickly expanding technological narratives. The growing interest in artificial intelligence is fueled by its potential to change industries and improve the qu...
Bitcoin News / Bitcoinist - 2 years ago
FOX Business journalist Eleanor Terrett revealed an explosive leak in a tweet yesterday at 10 pm EST, which could affect the entire crypto industry or allegedly Ripple and its legal battle with the U.S. Securities and Exchange Commission (SEC). Terre...
Bitcoin News / Bitcoinist - 2 years ago
According to the banking and payments forecasts of GlobalData research for 2023, prominent banks will continue to integrate crypto and digital assets into their offerings despite the ongoing bearish market mood. Michael Demissie, the head of digital...
Bitcoin News / Bitcoinist - 2 years ago
More expansion is awaiting the Web3 ecosystem as Algorand Foundation aggressively moves to promote the technology across India. The firm announced multiple partnerships, including educational development programs with schools in India, with the prima...
Bitcoin News / Bitcoinist - 2 years ago
United States Democrats have actively followed most of cryptocurrency’s major events and activities. The lawmakers’ interests cut across several crypto aspects, such as regulations and controls, operations, functionalities, and energy usa...
