Bitcoin News / Bitcoinist - 2 years ago
According to Coingecko data, Ethereum is the second most popular cryptocurrency with a market valuation of $197 billion. As a result, the Ethereum network became popular with DeFi, as the largest protocols were constructed on top of it. This piqued t...
Bitcoin News / Bitcoinist - 2 years ago
The Bitcoin (BTC) mining and data center hosting company Riot has recently announced its production and operations update for January 2023. It has produced a new all-time high of 740 Bitcoin in the last month. Can the recent reports of eased infl...
Bitcoin News / Bitcoinist - 2 years ago
Don’t check, verify. It’s one of the few resounding crypto-native statements that has stuck over the years. NFTs are like any other ‘corner’ of crypto; there are cycles, metas, and plenty of instances of false hope, unexpected...
Bitcoin News / Bitcoinist - 2 years ago
Data shows a Dogecoin wallet has suddenly come alive after being dormant for 9 years. Here’s how much profit its holder would have made. Dormant Dogecoin Wallet Has Abruptly Revived After 9.1 Years As per data from the cryptocurrency transactio...
Bitcoin News / Bitcoinist - 2 years ago
Per a report from CoinDesk, crypto lending firm Genesis and its parent company Digital Currency Group (DCG) are moving forward with the former’s bankruptcy process. The companies reached a “principle agreement” to restructure the lending firm. The...
Bitcoin News / Bitcoinist - 2 years ago
Ever since the launch and popularity of Open AI’s ChatGPT, AI tokens have been doing incredibly well in the market. This performance has continued despite the crypto market pullback with AI tokens remaining green in a sea of red. Nevertheless, this p...
Bitcoin News / Bitcoinist - 2 years ago
Recent events in China indicate the country’s paradigm shift concerning digital currency. The digital yuan (e-CNY) is gradually forming a significant part of the Chinese currency through its rapid development. Furthermore, the government is put...
Bitcoin News / Bitcoinist - 2 years ago
Cryptocurrency crimes are becoming prevalent and law enforcement agencies are on their toes to crack down on bad players and bring them to book. The British Royal Court recently sentenced a Ph.D. student of Oxford to four and half years in prison fo...
Bitcoin News / Bitcoinist - 2 years ago
The contagion of the FTX collapse is still ongoing despite its already significant impact on the industry. In today’s news, a U.S. bankruptcy judge is looking to consider the approval of an independent bankruptcy investigation into the FTX collapse....
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows activity from the Shiba Inu whales has been high recently. Here’s what this may mean for the meme coin’s price. Shiba Inu Whale Transaction Count Has Spiked Recently According to data from the on-chain analytics firm S...
Bitcoin News / Bitcoinist - 2 years ago
Ripple CTO David Schwartz has spoken out in a recent tweet about the XRP buyback proposal that first surfaced in 2021 and is now resurfacing with a second iteration. The controversial proposal is currently being heatedly discussed again on Twitter af...
Bitcoin News / Bitcoinist - 2 years ago
It is generally understood that bitcoin and other cryptos can be addicting. Consequently, as with any chemicals that get many people hooked, excessive usage can be detrimental to mental health. For instance, losing large sums of money seemingly sudde...
Bitcoin News / Bitcoinist - 2 years ago
The Bitcoin price continues to be strongly influenced by macroeconomic conditions in the US. After BTC reached a new 5-month high of $24,241 last Wednesday, the price is on the decline again. Over the weekend, Bitcoin lost another 3% and was at $22,8...
Bitcoin News / Bitcoinist - 2 years ago
FTX founder Sam Bankman-Fried once gave out lots of money to people that many wondered where it all came from. These people included powerful figures in public service and the regular ones, not to mention those who already have the wherewithal in the...
Bitcoin News / Bitcoinist - 2 years ago
The cryptocurrency market is on its way to possibly rocky terrain this “love month,” but January will linger a happy memory for some investors, especially those who made substantial investments in prominent meme coins like Floki, Shiba In...
Bitcoin News / Bitcoinist - 2 years ago
The market for artificial intelligence, presently valued at $327.4 billion, continues to expand due to the influx of investments in this sector of the technology industry. This is largely attributable to the rising potential implementation of AI tech...
Bitcoin News / Bitcoinist - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
Shiba Inu (SHIB) has been among the best-performing cryptocurrencies over the previous 24 hours. The price of the second-largest meme coin has reached $0.000015 after a daily increase of about 30%. Recent price increases for Shiba Inus are primarily...
Bitcoin News / Bitcoinist - 2 years ago
The Bank of England (BoE) and UK Treasury are set to back the development of the British central bank digital currency (CBDC), popularly known as “Britcoin” or “digital pound.” The discourse of a British CBDC began in April 2021, when the UK Treasu...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin continues to see a bullish uptrend across the board, with the derivatives market volume witnessing an upturn in fortunes. BTC prices in futures contracts have begun to exceed spot market prices indicating that traders are gaining confidence i...
Bitcoin News / Bitcoinist - 2 years ago
Shiba Inu has been making headlines recently as the release of the Shibarium upgrade was teased by Shytoshi Kusama three days ago. However, things might not be going well outside the ecosystem. Recently, Whale Alerts noted several multi-billion SHIB...
Bitcoin News / Bitcoinist - 2 years ago
Sberbank, Russia’s biggest banking establishment, is ready to have its decentralized finance (DeFi) platform operational by May. According to a report on February 3 by the Russian news agency Interfax, the Russian majority state-owned bank plans to r...
Bitcoin News / Bitcoinist - 2 years ago
The Indonesia crypto exchange that was to launch by the end of 2022 will now go live in June. Zulkifli Hasan, the Indonesian trade minister, announced it during the opening ceremony for Crypto Literacy Month on February 2 in Jakarta. Hasan noted that...
Bitcoin News / Bitcoinist - 2 years ago
Last year, many crypto firms and startups went under due to the turmoil in the space. In addition, the devastating impact of the crypto winter affected many businesses as prices of crypto assets fell below expected levels. As a result, many crypto-re...
Bitcoin News / Bitcoinist - 2 years ago
Billionaire investor Tim Draper got a more challenging reception than he anticipated when proposing Sri Lanka, a bankrupt nation, to Bitcoin. Draper was in Sri Lanka on Tuesday, talking with local entrepreneurs about cryptocurrency adoption. The entr...
