Bitcoin News / Bitcoinist - 2 years ago
According to a Reuters report, Paxos, the first regulated blockchain infrastructure platform behind Binance’s stablecoin BUSD, is in ongoing discussions with the Securities Exchange Commission (SEC) following the regulatory crackdown on this in...
Bitcoin News / Bitcoinist - 2 years ago
The NBA’s Detroit Pistons made a splash at the trade deadline, securing 2020’s #2 draft pick James Wiseman as part of a 4-team trade. Wiseman had a nice showing in his Pistons’ debut, and now the team is back with a new announcement...
Bitcoin News / Bitcoinist - 2 years ago
Via an official announcement on their social media account, the founder of Solana Spaces, Vibhu, announced that their physical stores in New York and Miami would close. The decision will come into effect by the end of February 2023.
The Solana Spac...
Bitcoin News / Bitcoinist - 2 years ago
Polygon Three Indian entrepreneurs founded Polygonondary scaling solution provider for the Ethereum blockchain. Blockchain startup Polygon, based in India, plans to lay off 20% of its workforce. Sandeep Nailwal, a co-founder of Polygon, recently ment...
Bitcoin News / Bitcoinist - 2 years ago
According to a press release shared with Bitcoinist, big tech giant Microsoft partnered with Ankr Network to launch a hosting service. The product will allow companies to access blockchain data via a āreliable, easy-to-useā platform.
Microsoft Ne...
Bitcoin News / Bitcoinist - 2 years ago
The crypto space is experiencing increasing tension as United States regulators intensify their regulatory approaches. Some of their recent enforcement actions include a stop order mandate on crypto token issuers, a Wells Notice to some exchanges, a...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin supply older than 1 year has hit an all-time high, showing that the asset’s diamond hands are holding strong through the rally.
Bitcoin Long-Term Holders Don’t Budge Despite The Rally
According to the latest weekly...
Bitcoin News / Bitcoinist - 2 years ago
On February 20, crypto exchange Huobi revealed its plans to shift Asia’s headquarters from Singapore to Hong Kong. This move comes after Hong Kong’s Securities and Future Trading Commission (SFC) proposed a new licensing regime allowing c...
Bitcoin News / Bitcoinist - 2 years ago
As the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to await a ruling from Judge Analisa Torres of the United States Southern District Court of New York, Ripple’s chief legal officer has spoke...
Bitcoin News / Bitcoinist - 2 years ago
Tim Berners-Lee, the architect of the World Wide Web (WWW), stated that digital currencies are “just speculative” and compared them to the “dot-com”Ā bubble, during which internet stocks were often overvalued without a sound bu...
Bitcoin News / Bitcoinist - 2 years ago
The crypto space is witnessing many lawsuits regarding losses of investors’ funds on different platforms. Most cases are related to the misuse and diversion of customers’ funds and the false promotion of crypto tokens to gain investorsā t...
Bitcoin News / Bitcoinist - 2 years ago
In a move to regulate the crypto industry in Zambia, the government has begun testing new technology, according to an announcement from Technology and Science minister Felix Mutati.
Zambia’s securities regulator and the Bank of Zambia are the p...
Bitcoin News / Bitcoinist - 2 years ago
The establishment of Hong Kong as a crypto hub is a development that could have the potential to trigger a new Bitcoin bull market. As Bitcoinist reported, crypto exchanges in Hong Kong can obtain a Virtual Asset Service Providers (VASP) license to l...
Bitcoin News / Bitcoinist - 2 years ago
Meme coins are altcoins that were first made for fun which then evolved to have actual utility in the crypto industry. Dogecoin, the worldās first meme coin, pioneered the space, with Shiba Inu following in its footsteps.Ā
These tokens might be fun a...
Bitcoin News / Bitcoinist - 2 years ago
Ethereum is the second-largest cryptocurrency ranked by market cap. A recent Merge āupgradeā to a proof-of-stake consensus mechanism and other changes raised discussion of a possible āflippeningā ā a situation where Ethereum unseats Bitcoin as the to...
Bitcoin News / Bitcoinist - 2 years ago
Crypto hedge fund Galois Capital has confirmed that it’s closing doors on it’s flagship fund after continued emerging reports surrounding the fund’s exposure to FTX. Galois joins the ranks of BlockFi, Sequoia Capital, Genesis and ot...
Bitcoin News / Bitcoinist - 2 years ago
FTX Japan has announced through a blog post that they will resume withdrawals of fiat currency and crypto assets for their customers. According to the statement, the Japan-based subsidiary will allow customers to withdraw their funds starting Februar...
Bitcoin News / Bitcoinist - 2 years ago
According to a press release shared with Bitcoinist, the XRP-based wallet Xumm partnered with the loyalty program platform Friiworld. The partners launched a crypto payment system in the Netherlands to bridge traditional business with the advantages...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin active addresses haven’t significantly increased recently, indicating that the current rally may be unsustainable.
Bitcoin Active Addresses (30-Day MA) Stall Despite Rally
As an analyst in a CryptoQuant post pointed out,...
Bitcoin News / Bitcoinist - 2 years ago
Investors who wish to invest or trade on financial assets such as stocks, commodities, cryptocurrencies, or bonds must use the services of an equity broker. The broker executes them in the relevant markets as they make orders for trading or investmen...
Bitcoin News / Bitcoinist - 2 years ago
Polkadot (DOT) bulls were in luck this week. After overcoming a hot sell pressure zone, they’ve been able to push the crypto up by 70%, building on the impressive upswing in the last month.
Here’s a quick glance at how DOT has been perfor...
Bitcoin News / Bitcoinist - 2 years ago
Polygon (MATIC) has been one of the best performers among the largest cryptocurrencies in the last week. With bitcoinās run-up above $25,000, MATIC saw tremendous gains that would see it rise above 21% in a seven-day period. As a result, the digital...
Bitcoin News / Bitcoinist - 2 years ago
Regulators are still keen on their respective aims towards the cryptocurrency industry. As a part of its goal of becoming a crypto hub, Hong Kongās Securities and Futures Commission earlier today revealed a proposal to allow retail investors in Hong...
Bitcoin News / Bitcoinist - 2 years ago
As blockchain innovation and digital finance evolve across the globe, central banks have started designing their central bank digital currencies (CBDC). The latest report shows that the central bank of Japan will begin its CBDC pilot in April 2023.
P...
Bitcoin News / Bitcoinist - 2 years ago
Solana has continued its strong push today as SOL has risen by another 12%. Can the coin keep it up and flip Dogecoin (DOGE) in market cap?
Solana Has Shown A Rapid Rise During The Last Day
After slowing down earlier in the month, SOL has picked back...